Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: damsix on December 24, 2020, 08:21:01 AM
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Until now, there are many people who don't like it because Ripple is not serious about developing its coins.
The SEC examined Ripple and found that there were a lot of irregularities in every Ripple transaction.
And finally Ripple becomes invincible Dump and only becomes minus -70% red.
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This is no longer a disaster for the Ripple Holder but it is something very heartbreaking for those of us who own the Ripple coin.
Just imagine, with -70% that means we lost more than half of our assets.
If we have 1 Bitcoin to buy Ripple then all our Bitcoin we have is 0.3 Bitcoin and this really hurts. Bad!
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SEC is suing Ripple for 1.3 billion dollars (https://www.forexbrokerz.com/news/sec-lawsuit-ripple-xrp-crashes) due to these irregularities, Ripple is in major trouble.
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This is no longer a disaster for the Ripple Holder but it is something very heartbreaking for those of us who own the Ripple coin.
Just imagine, with -70% that means we lost more than half of our assets.
If we have 1 Bitcoin to buy Ripple then all our Bitcoin we have is 0.3 Bitcoin and this really hurts. Bad!
Yes that's right so you need to be very smart when trading the coins and I sold it when it started to depreciate and bought more back at 0.23. Now I have a small amount of profit in XRP
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Until now, there are many people who don't like it because Ripple is not serious about developing its coins.
The SEC examined Ripple and found that there were a lot of irregularities in every Ripple transaction.
And finally Ripple becomes invincible Dump and only becomes minus -70% red.
yes I believe this is a drop to get ready for the next price hike. The time for investors to buy more is ready for asset value increases
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yes i feel frustrated about XRP as the coins grow old XRP, i drop very fast / i should invest again or use BTC again
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I don't think this is a disaster for Ripple anymore because Ripple is already very annoying.
Ripple should not exist in cryptocurrency because it only creates problems in the market.
What makes the Dump coin price is because the FUD from Ripple is so real that Ripple manipulates the market.
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Oh My God!
1.3 Billion Ripple is a huge amount and it is difficult for us to escape.
This is not a disaster that investors should follow because Ripple is very extreme and very much feared because it might just dump.
Be careful with Ripple because Ripple is in trouble.
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Its marketcap is so huge that the crypto market will face negative consequences because of these. People are not interested in a project that manipulates their market. I do not even think ripple is actually a crypto currency. It's heavily centralized and manipulated.
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I am amazed that a coin as large as Ripple could have such a big problem, in fact it will actually become a serious problem for Ripple. The price keeps dropping and many Crypto exchanges are delisting this coin.
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SEC is suing Ripple for 1.3 billion dollars (https://www.forexbrokerz.com/news/sec-lawsuit-ripple-xrp-crashes) due to these irregularities, Ripple is in major trouble.
The problems are really big, but they are not global, but only of a procedural nature. The SEC has no claims to the release and circulation of ripple, but only to its partially unregistered sale. That is, the leaders of Ripple Labs will pay penalties and this coin should recover.
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XRP will not disappear or drop to 0. What exchanges (Kraken, Bittrex, Binance, and others) are doing is delisting XRP as a precautionary measure, not because some court has asked or ordered it. It is a measure that exchanges (only those that have their headquarters in the United States) take unilaterally to avoid problems in the future. Foreign exchanges will not have any problem now or in the future because they are not in the United States and the SEC cannot do anything.
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Well it seems ripple is fighting to stay alive or is it too early to tell! Although it looks to me they are not doing as bad as expected given that some exchange has already delisted them form their platform, ripple was build on a solid ground that's why it is still breathing even with the lawsuit, I say they have strong team of whales supporting the project from completely dying.
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Right now all we can do is wait for Ripple to resist the SEC's lawsuits, withdraw from US-based exchanges all XRP that people have (if you haven't already done so, you could lose them) and continue trading on other exchanges or hodl. When the waters calm, we'll see where Ripple and XRP are and if they can clear their name and regain the reputation they had.
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XRP is brought by many small users and now they are waiting for the right time to sell it like for the bull time but the issue is that Ripple lost stability and its price is below $0.3. XRP will not be trusted until it crosses the price of $0.5.
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Since the crypto community is always closer to pessimism than optimism, I ask myself the following question. What would happen if Ripple came out of the legal claims imposed by the SEC without problems?. If in a few months (or years, we already know what justice is like) XRP returned to the exchanges where has it disappeared from now?.
Has anyone ever stopped to think what would happen if everything went back to normal in a while?.
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Bad news for xrp, dumped. Even though the price of xrp decrease it is not the reason for total disappearance. Xrp will be great again in the future. I think we can buy few now just to collect and earn for long term purposely for xrp return to pump.
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Since the crypto community is always closer to pessimism than optimism, I ask myself the following question. What would happen if Ripple came out of the legal claims imposed by the SEC without problems?. If in a few months (or years, we already know what justice is like) XRP returned to the exchanges where has it disappeared from now?.
Has anyone ever stopped to think what would happen if everything went back to normal in a while?.
I don't even have a doubt that ripple will recover its positions after a certain, even not very long time. In some countries, this coin is very actively used as a means of payment due to its low price and good functional qualities. It is also not heard that the banking system refused to use this coin. Most likely, heavy penalties will be paid and the trial will be closed.