HAL1000 Posted October 3 Share Posted October 3 (edited) Edited October 3 by HAL1000 StrangeDays, JTxrPP, PunishmentOfLuxury and 5 others 7 1 Link to comment Share on other sites More sharing options...
HAL1000 Posted October 3 Author Share Posted October 3 JTxrPP, StrangeDays and woodman_73 2 1 Link to comment Share on other sites More sharing options...
HAL1000 Posted October 3 Author Share Posted October 3 StrangeDays, woodman_73, PunishmentOfLuxury and 1 other 3 1 Link to comment Share on other sites More sharing options...
Julian_Williams Posted October 3 Share Posted October 3 nice green candle JTxrPP, HAL1000 and woodman_73 3 Link to comment Share on other sites More sharing options...
HAL1000 Posted October 3 Author Share Posted October 3 Link to comment Share on other sites More sharing options...
HAL1000 Posted October 4 Author Share Posted October 4 Link to comment Share on other sites More sharing options...
HAL1000 Posted October 4 Author Share Posted October 4 JASCoder 1 Link to comment Share on other sites More sharing options...
HAL1000 Posted October 4 Author Share Posted October 4 StellaBlueZerps, Julian_Williams and JASCoder 3 Link to comment Share on other sites More sharing options...
mambli Posted October 4 Share Posted October 4 And yet still sitting below ATH, even below 1$. what a disaster! HAL1000 1 Link to comment Share on other sites More sharing options...
VanHasen Posted October 4 Share Posted October 4 Another great ruling for Ripple by Judge Torres - not just because of the certification for i. appeal was denied, but because torres now got the chance to clarify her ruling on SJ. And, especially what she states in the screenshots below - making it clear that her ruling on SJ was based on the circumstances and facts of this case only and does not have any ramifications on other digital asset sales/distributions. Bad for the coinbase (and other exchanges)-case and many other cryptos, but very good for Ripple and XRP! There's much more juicy stuff in this ruling (I may highlight later)... but in short: SEC got rejected (again) by the courts AND they got a lot more arguments now to finally leave xrp alone and go after other projects (as they now have J Torres' clarification that her ruling on SJ only applies to XRP and ripple) (please note, ripple being allowed to keep on selling xrp via exchanges may not be a good thing for XRP holders. Be aware that holders possibly only provide the liquidity for ripple to keep on funding its operations, as selling XRP is still its main source of income and therefore the sole reason why ripple has put so much efforts and $ into this case to fight the SEC) PunishmentOfLuxury, woodman_73, Julian_Williams and 1 other 4 Link to comment Share on other sites More sharing options...
Julian_Williams Posted October 4 Share Posted October 4 Quote (please note, ripple being allowed to keep on selling xrp via exchanges may not be a good thing for XRP holders. Be aware that holders possibly only provide the liquidity for ripple to keep on funding its operations, as selling XRP is still its main source of income and therefore the sole reason why ripple has put so much efforts and $ into this case to fight the SEC) Ripple has been selling about 200 -300k per month to institutions, and now that flow will have to go through exchanges instead? But the institutions will have to buy from exchanges because Ripple cannot supply directly. Looks like nothing much changed. In all about 2 - 3 billion XRP being released and sold into the open markets per year and distributed. On the other side of the equation more XRP gets locked up as the ecosystem grows out JASCoder 1 Link to comment Share on other sites More sharing options...
QuestionMark Posted October 5 Share Posted October 5 When a court tells you you should not expect to make any money on XRP it is almost celebrated here, when I do I am paid fudder. This place, man... Link to comment Share on other sites More sharing options...
BillyOckham Posted October 5 Share Posted October 5 38 minutes ago, QuestionMark said: When a court tells you you should not expect to make any money on XRP it is almost celebrated here, when I do I am paid fudder. This place, man... Or maybe it’s because of making massive mischaracterisations like that one. The court didn’t say that. StellaBlueZerps, HAL1000, QuestionMark and 6 others 6 3 Link to comment Share on other sites More sharing options...
VanHasen Posted October 5 Share Posted October 5 3 hours ago, QuestionMark said: When a court tells you you should not expect to make any money on XRP it is almost celebrated here, when I do I am paid fudder. This place, man... Torres explicitely stated, that there are people who bought xrp with the expectations of profits, but the SEC failed to present evidence that those people relied on ripple to expect profits from buying XRP. Thats all this is about - the SEC messed up their case big time - they failed to provide evidence on the accusations they make + Deaton and 3k+ affidavits from XRP holders led to the SEC losing on most parts. The irony of ripple putting 200 mil (likely from xrp sales) into this case, while judge torres rejected most of their arguments on SJ, but they still won thanks to a messy SEC and to XRP holders who funded ripples mostly rejected lawyer-work... is kind of surreal, isnt it? Given that the SEC sued ripple because of its sales of XRP... lol Frisia and QuestionMark 2 Link to comment Share on other sites More sharing options...
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