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RIPPLE XRP - Harvard + about It - I'm considering buying some

Comments

  • Registered Users, Registered Users 2 Posts: 4,643 ✭✭✭worded


    OK so with a bit of research it isnt easy or perhaps even wise to buy it LOL

    The farm is saved for another day ...





  • Registered Users, Registered Users 2 Posts: 1,101 ✭✭✭erlichbachman


    Ripple is currently in an ongoing neverending court case, if the outcome is negative then the price of xrp could drop drastically



  • Registered Users, Registered Users 2 Posts: 19 Adam Gil


    Ripple Vs SEC Lawsuit - Will this push XRP Price To $1 in 2023?

    XRP is a cryptocurrency that launched in 2012. It serves its payment network, Ripple Net, and native asset. At launch, 100 B XRP tokens were pre-mined and distributed to individuals and companies. The XRP market has maintained its ranking among the top ten cryptocurrencies despite ongoing legal issues with the US Securities and Exchange Commission (SEC).

    Will Ripple triumph over the SEC in court?

    A well-known bitcoin analyst named John Deaton has taken to Twitter to share his predictions for the year 2023. He says - If Ripple’s SEC complaint is dismissed and XRP is classified as a security, the SEC may decide to launch an enforcement initiative to control the cryptocurrency. The XRP community anticipates a favorable ruling from Judge Torres.

    Also analyst Matt Hamilton who was once the director of developer relations at Ripple, rubbishes the circulating new that possibility of the government seizing and purchasing the Ripple-issued XRP tokens that are already on the market and utilizing them for its own purposes, preventing the technology from being used anyplace else.

    According to Deaton’s research, all of this demonstrates that the SEC is wrong in its determination that XRP satisfies the second and third prongs of Howey, and hence that the SEC has very little chance of victory in this case. We don’t know whether Ripple will be able to pull off a victory over the SEC, but only time will tell.

    By the end of 2023, if XRP intense speculation and financial institutions' adoption of Ripple's ODL technology booms and the series of events occur as predicted. Then the possibility of the Ripple price prediction hitting a new milestone is high. Moreover, the price could form new maximum value and range towards its annual closing target of $1.1043 as per Coinpedia.



  • Registered Users, Registered Users 2 Posts: 4,138 ✭✭✭realitykeeper


    Bad idea. Bad for the environment. Bad investment. Bad if you need to buy something else, like a house.



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