[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 254 KB, 1080x773, Screenshot_20201222-213245_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
25062813 No.25062813 [Reply] [Original]

SEC LAWSUIT IS OFFICIAL.

XRP IS NECKED

https://twitter.com/SEC_News/status/1341477833810522114?s=20

>> No.25062864

>>25062813
Why aren't burgers that aren't "accredited investors" allowed to buy securities in the US?
Seems like people should be allowed to invest in what they want to.

>> No.25062891

>>25062813
finally we can moon now that they stopped dumping on us

>> No.25062918

>>25062864
Literally Jews. It's not a meme

>> No.25062927

>>25062813
A bull signal if I ever saw any

>> No.25062941
File: 23 KB, 600x608, 2ac.jpg [View same] [iqdb] [saucenao] [google]
25062941

>>25062813
DOWN TO .26 CENTS WE GO BOYS

>> No.25062950

>>25062864
So poor people can’t become rich easily. It’s supposedly to protect poor people, but it’s not. It’s also why you can’t flip stocks more than five times in the same week in the us without your brokerage account getting frozen with a balance under 25k.
None it of it is about protection. It’s about keeping the working class as the working class.

>> No.25062955

it's ogre for Ripple

https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf

>> No.25062976

Hopefully this is a valuable lesson for you bagholding schizos on healthy anti-semitism

>> No.25063006
File: 238 KB, 640x640, 1595468013707.png [View same] [iqdb] [saucenao] [google]
25063006

Good. Fuck retarded schizos who fall for centralized garbage.

>> No.25063014

>>25062813
remember that Jeb Mcaleb knew this and when he started stellar he made sure it was not a security by airdropping xlm to bitcoin holders instead of selling them. reminder that Stellar will survive and thrive and xrpeepee

>> No.25063037

>>25062813
Few umderstand, im buyed more on dips

>> No.25063053

>>25063014
Jed's the only based individual involved. Sued Ripple into forcing them to let him exit scam, then goes on to make his own chain

>> No.25063066

>>25062864
jews
are you awake yet anon

>> No.25063073

>>25063014
I got sum xrp gifted on bitstamp when this shit started

>> No.25063089

>>25063053
>t
absolutely based. a genius. smarter than vitalika for sure.

>> No.25063109

>>25062950
poor people are poor usually because they are stupid and have bad impulse control. they tend to panic sell and are have low time preferences. they have no ability to judge the value or potential of an investment and are only looking to get rich quick.

not letting poorfags invest in pre-IPO companies protects them from losing all their money gambling, and also protects the companies from having fickle emotional irrational plebs fomoing in and then yanking all their money out because the price dipped a little bit. Look at what happened to bitcoin in 2017 due to retail fomo folllowed by panic selling. If poorfags were allowed to invest in pre-ipo companies the same thing would happen there all the time.

>> No.25063123

>>25062813
Good

>> No.25063162

>>25063109
It’s be funny though

>> No.25063227

>>25063109
Wow, the rich really hate the poor if they believe this.

>> No.25063282

>>25063227
It's all true, also low time preference.

>> No.25063314

>>25063282
nvm he mentioned it

>> No.25063316

>>25062813

Come in the Graph, it's comfy, we are going to the moon right now !

>> No.25063346
File: 22 KB, 597x519, 9yex3fX.jpg [View same] [iqdb] [saucenao] [google]
25063346

XRP IS KILL

>> No.25063353

>>25062864
Jewnited states of Amerigoy

>> No.25063402

>>25062864
You're allowed to buy lottery tickets, but investing in early startups is too risky.

>> No.25063438
File: 135 KB, 924x843, 645677567.jpg [View same] [iqdb] [saucenao] [google]
25063438

wow, just wow

>> No.25063490

Imagine just holding this coin to zero

>> No.25063508

>>25062864
The idea i think is that retards can't be trusted to not let themselves get scammed. Its cucked but I think enough people complained to the government which is why they made these laws. There are ways for plebs like us to get accredited with some certs so its not the end of the world

>> No.25063544

finally chainlink can replace ripple in the top 3

>> No.25063548

>>25063014
Remember the Jed McCaleb is a scammer and you shouldn't touch anything he's ever been involved with

>> No.25063553
File: 830 KB, 808x805, 910.png [View same] [iqdb] [saucenao] [google]
25063553

SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL

>> No.25063564

>>25063109
are you the retard who always mixes up low and high time preference? i think this is the third time i've corrected you. step up your gsme

>> No.25063583

>>25063014
Yeah, Jed is based af. So is XLM, it's not only gonna come out of this smelling like roses, it will poach a good share of cripple's market share, and become the backbone of many a CBDC. XLM flipping XRP and moving into top 7 is imminent

>> No.25063594

>>25063109
>not letting poorfags invest in pre-IPO companies protects them from losing all their money gambling
Buy they can buy lottery tickets...

>> No.25063598
File: 3.00 MB, 854x480, ripple_faggots.webm [View same] [iqdb] [saucenao] [google]
25063598

>>25062813
death sentence

>> No.25063619
File: 27 KB, 719x118, scam.png [View same] [iqdb] [saucenao] [google]
25063619

fucking scam

>> No.25063631
File: 227 KB, 484x458, 1608319661007.png [View same] [iqdb] [saucenao] [google]
25063631

>>25063109
This would be a good argument, were it not for the fact that the lumpenprolen can still buy lotto tickets and scratchoffs to their hearts' content.

>> No.25063633

>>25062813
un ironically, can't chainlink be sued for some of the same reasons listed in the summary?

>> No.25063639

>>25062813
can this happen to LINK?

>> No.25063663

>>25063639
Yes. Get fucked.

>> No.25063672

>>25063548
reminder that Jeb is smart and you are not

>> No.25063684

>>25063438
Holy shit.. lmfao. Its over

>> No.25063701

>>25063639
Everything except Bitcoin is a security breh, and securities must be registered and are regulated by the SEC my dude

>> No.25063742

>>25063564
yes I do sometimes mix it up. my mind thinks "low time" means wanting things sooner, but you're right that low time preference means being able to wait. my bad

>>25063594
sure but lottery proceeds go to the government and don't affect funding of businesses, so of course the gov doesn't have a problem there.

>> No.25063775

It's funny how crypto influencers are showing their true colors. Also funny seeing many ETH investors basically wishing ill to XRP investors and making fun of them. I hold both but now I guess ETH isn't just worth it anymore. I wish well to both parties anyway. But if you're not, ngmi

>> No.25063815

>>25063701
this but unironically.
btc will be the only crypto standing

>> No.25063827

bcrx bros what happened?

>> No.25063908
File: 97 KB, 1274x511, Ep3o5jNXcAkHf1x.jpg [View same] [iqdb] [saucenao] [google]
25063908

>> No.25063910

Investment of money: Buying XRP means you are investing in the ecosystem of XRP that is part of the ecosystem of Cryptocurrencies.
In a common enterprise: Buying XRP is unrelated to Ripple. Ripple is a software company, they happen to own a large stack of XRP. They were not forced to keep XRP in their holdings to maintain a connection with XRP, other than showing a good faith in the future of the digital asset. People invests in the ecosystem of XRP and ecosystem of cryptocurrencies, alongside others who work on the project with dedication because this is open source.
Profit: You buy XRP to use the ecosystem of XRP and as investment you hope that the ecosystem of XRP and ecosystem of cryptocurrencies will grow. XRP investors are not granted any of the returns or affected by any profit that is made by Ripple in regards to Ripple selling their products. If an XRP investor makes a profit by creating a product related to the XRP ecosystem, Ripple will not benefit other than how other holders would benefit from the growth of the ecosystem of XRP. Buying XRP does not grant you voting right for XRP or Ripple or any other company working with XRP, it does not give you authority or any rights for any incentives made by products of Ripple or other companies using the XRP ecosystem.
Solely on others efforts: The XRP ecosystem is depending on everyone contributing to the ecosystem by, for example, using the ecosystem, investing in the ecosystem, creating products for the ecosystem, expanding the ecosystem by adoption, availability, research and discussions.

>> No.25063973

This is easily the biggest lawsuit in crypto history.

Can anyone explain why this same reasoning WOULDNT apply to a “network gas fee” type token like ETH or GRT

>> No.25064052
File: 25 KB, 906x630, 1608608275595.png [View same] [iqdb] [saucenao] [google]
25064052

>>25062813
S to spit on goyim cattle

>> No.25064060

>>25063973
they are argued as utility tokens with a specific use rather than a security. I just looked it up, same applies to LINK.

>> No.25064076

Can this shitcoin finally fucking die?

>> No.25064096
File: 93 KB, 818x570, file.png [View same] [iqdb] [saucenao] [google]
25064096

>> No.25064114

>>25062864
Normies are allowed to go to Las Vegas and bet their life savings on one spin of roulette, but not invest responsibly in companies that might change their financial lives

>> No.25064119

>>25063910
ripple printed tokens out of thin air and then dumped it on suckers and became rich.

>> No.25064148

>>25062813
This goes under .45 and its over

>> No.25064184
File: 631 KB, 2310x1786, 1608640559946.jpg [View same] [iqdb] [saucenao] [google]
25064184

>>25063639
>>25063701
>>25063663
>>25063815
No.
There is clear SCOTUS precedent about what makes a security: the Howey test.

Chainlink never ever discussed price, much less created an expectation of profit from investing in Link.
Ripple did.

And on top of that, US residents were specifically banned from the presale/ICO.

>> No.25064204
File: 156 KB, 1962x465, cope.png [View same] [iqdb] [saucenao] [google]
25064204

SEC already argued Ether is not a security.
XRP cope is hilarious, pic related

>> No.25064242

>>25063672
He name isn't "Jeb" you retarded third world street shitter. I gave you a pass the first time even though you misspelled his first AND last names but you did it twice meaning you really have no idea what his name is.

>> No.25064254

>>25064204
They are tho

>> No.25064257
File: 215 KB, 1440x1440, 1608138639052.jpg [View same] [iqdb] [saucenao] [google]
25064257

>>25062813
>$1.3 billion
Merry Christmas cripplefags.

>> No.25064269

>>25063639
>>25063701
>>25063815
Also, reminder that the SEC already said ETH is not a security.
https://www.reuters.com/article/us-cryptocurrencies-ether-idUSKBN1JA30Q


You have to fuck up pretty badly at this point to be slapped by the SEC for being a security.

>> No.25064273
File: 161 KB, 802x595, file.png [View same] [iqdb] [saucenao] [google]
25064273

they're fucked

>> No.25064297

>>25064242
wtf is Jed even a name?

>> No.25064305

its ogre schizos

>> No.25064322

now you understand why it pumped.. it was an exit pump

>> No.25064344

>>25062813
Lmfao this fud, were heading straight to the top, 100000000$ EOY

>> No.25064351

>>25063815
Jesus Christ you maxis are fucking insufferable. Kys

>> No.25064355
File: 37 KB, 245x119, 1607997039228.png [View same] [iqdb] [saucenao] [google]
25064355

>>25064273
DOESN'T THIS APPLY TO LINK
AND GRT
AND PRQ

>> No.25064373

>>25064114
Such a fucking joke. The worst part of it too is that the average normie doesn't even know what a security is, so they'll never complain about it to the government.

>> No.25064372
File: 98 KB, 821x361, file.png [View same] [iqdb] [saucenao] [google]
25064372

Ripple Inc's entire business is selling their scamcoin to unsophisticated investors

>> No.25064388

>>25063633
>>25063639

https://chain.link/terms

Chainlink is regulatory-compliant. It is very clearly not a security but a product.

>> No.25064412

>>25063973
See the excerpts from the suit posted itt, like >>25063908

Also see >>25064184

Ripple kept discussing, predicting, and setting up strategies regarding the token price.

And then see >>25064269

Ripple fucked up with their public focus on token price.

>> No.25064436

>>25064204
>Chinese controlled
Glad to acknowledge you cucks are unapologetically actual gook cock gobblers.

>> No.25064437

>>25064273
If they were fucked that means the SEC should give me back my money. They know about xrp for a long time.

>> No.25064449

>>25064355
Not Link in any case, see >>25064184

>> No.25064454

>>25062813
Cool, now do chainlink

>> No.25064489

>>25064454
Not a chance, see >>25064184

>> No.25064506

>>25064184
exactly, the Howey test classifies it as a security if people who buy expect a rise in value solely based on third-party efforts.
However for utility tokens, buyers are expected to use the token themselves in some sort of action (ie governance, or in the case of LINK, staking and payment for oracle queries, or in the case of ETH for use as gas in smart contract use).
This is why
>>25064060
>>25064204
applies

>> No.25064514

>>25062813
Nothing burger. Ripple pays tiny fine from huge coffers and XRP moons because it will not be deemed a security. It could be argued it was initially but its not now so it doesn't matter. The sec case isn't that good either. OP is a faggot

>> No.25064518

>>25064269
>Also, reminder that the SEC already said ETH is not a security
this was pre move to PoS and this is why sensible dessenters didn't want vitalik to move to PoS

PoS == Receiving Dividends.

The SEC has been clear about that. /biz is always last to understand anything involving law.

>> No.25064568

>>25064518
>PoS == Receiving Dividends
Staking is putting the tokens to use, as in executing their utility.

>> No.25064572
File: 455 KB, 1605x776, uh huh.png [View same] [iqdb] [saucenao] [google]
25064572

How do you think he'll take the news? He's been making vlogs about XRP almost every day since 2018

https://www.youtube.com/watch?v=v7dp0oeZTsA&t=2s&ab_channel=AlexDVlogs

>> No.25064574

>>25064449
LINK is an unregistered security, hence why the company SmartCON tract is located in the cayman islands

>> No.25064585
File: 103 KB, 1080x947, 20201222_162630.jpg [View same] [iqdb] [saucenao] [google]
25064585

>>25064297

>> No.25064586

>>25064568
Yes, exactly like money.... earning a dividend

>> No.25064590

>>25063508
midwestern goyim detected

>> No.25064595

>>25064184
Unironically this.

>> No.25064596

>>25064514
Hope so
>>25064518
No respect for ETH now

>> No.25064605

>>25062813
Thanks OP. Sold in time.

>> No.25064625

>>25064437
gears of justice turn slowly. they only have so many resources so they only want to go after a sure-fire thing & takes a long time to build a winning case. there is a class action against ripple though so you may be able to claw back some money that way.

>> No.25064635
File: 15 KB, 417x171, 73014f8881d1ced596cb2dfc01511868.png [View same] [iqdb] [saucenao] [google]
25064635

>>25064184
lmao

>> No.25064664

so ripple the company gets btfo
xrp still has value though. i dont see it going to 0 ever, too useful

>> No.25064667
File: 216 KB, 181x179, 1595731616614.gif [View same] [iqdb] [saucenao] [google]
25064667

FUCK XRP

>> No.25064670

its literally ogre. Goodnight and god bless

>> No.25064675

How does this work exactly? Customers who hold onto XRP don't get in trouble it's just the business that sold to them that does? Don't hold any I just don't know how these things pan out.

>> No.25064680
File: 1.24 MB, 498x498, 1608487277184.gif [View same] [iqdb] [saucenao] [google]
25064680

>>25062813
about damn time.

That cRIPPLE money is about to flow into all the other alts. Fuck yeah. And right before stimulus checks go out?

Oh yeah, alt season mega bull run incoming boys. Strap the fuck in.

GRT for the biggest win.

>> No.25064684

>>25064518
I dont think this is necessarily true, but it is accurate to say that ETH is much more likely to get labeled a security now with staking

>> No.25064697

>>25063109
Hi jew

>> No.25064712
File: 76 KB, 680x907, b5jq3gij1t431.jpg [View same] [iqdb] [saucenao] [google]
25064712

>>25062813
Let's buy the dip, dudes.

>> No.25064729

>>25063014
Came here to say this investigation is bullish for XLM

>> No.25064735

>>25064586
Staking is utility. So is using tokens to compensate node services.
Link being "like money" doesn't make it a security, in fact it prevents it from being one.

Read pic: >>25064273
The SEC is referring to Ripple who said people don't and won't generally use XRP as currency, leaving it open to allegations of being a security.

>> No.25064742

>>25064625
>see's someone getting raped
>we only have so many resources and only want to go after a sure-fire thing.
>it also takes a long time to build a winning case

>> No.25064745

>>25064590
I'm actually from NY, the most cucked state in the entire country for crypto. Also don't kid yourself I'm not letting the government jews stop me from making it. Everyone encounters obstacles in life

>> No.25064749

>>25064684
its true.

check out "Howeytest" that SEC uses to determine:

To determine whether an asset is a security, the SEC uses the so-called “Howeytest,” which provides that an asset is a security if it has all of the following characteristics:
1. Investment of money
2. In a common enterprise
3. With the reasonable expectation of profit
4. Based on the entrepreneurial efforts of others

>> No.25064751
File: 251 KB, 812x1135, file.png [View same] [iqdb] [saucenao] [google]
25064751

not only were they selling unregistered securities but they were also manipulating the price and volume to lure more people in.

>> No.25064769

bitcoin will be the only crypto left standing. All your shitcoins are going to 0 hahahahaha

>> No.25064780

>>25064635
I bet you actually think you have some kind of point lmao

>> No.25064783

>>25064585
all christcuck names are hebrew in origin sherlock

>> No.25064789

OH FUCK
OH WOW
Is it going to get back to .55 so I can break even??
Would HODL be a deathwish w/3+ years of litigation??

>> No.25064795

>>25064769
HOWEYTEST will be the last thing shitcoiners scream

>> No.25064802

>>25064518
staking is treated as income tax so definitely does not make it a security, try again
You are running program and using electricity and power to verify the correctness of the chain. Work/income.

>> No.25064813

>>25064751
>but they were also manipulating the price and volume to lure more people in.
That's largely what makes it a security.
Just selling shit isn't enough.

See the Howey test.

>> No.25064824

>>25064751
This guy might go to jail. Hard to see how he gets out of this unless they just give him the Jew pass and let him pay a small fine

>> No.25064836

>>25064184
some blog posts that some indian made to boost their google page rank... is that all you got?

>> No.25064837

>>25064675
Americans wouldn't be allowed to sell their XRP if it is deemed a security, as that would be illegal.

>> No.25064842

>>25062955
Yes every other country has declared it not a security but it’s over enjoy being poor

>> No.25064860
File: 1.20 MB, 1539x872, C41CCD79-AC57-4456-B383-A70231609F3C.png [View same] [iqdb] [saucenao] [google]
25064860

>>25062813
Op

>> No.25064861

>>25064842
When America says jump every other “country” says how high

>> No.25064874

>>25063701
>>25063815
>>25064795
>>25064769
Bitcoin maxis somehow found a way to seem even more pathetic than ripplefags.
Pretty amazing in a thread about Ripple getting dickslapped by the SEC.

Protip: the Howey test is SCOTUS precedent.
And ETH was already explicitly cleared.

>> No.25064878

Opened a 10x leveraged short to protect my stack. Liquidation price is .48. How screwed am I? It can’t go back up from here right?

>> No.25064880
File: 164 KB, 1024x1024, 1608453805239.jpg [View same] [iqdb] [saucenao] [google]
25064880

>>25064273
>while controlling supply and demand in the resale market to manage and control liqudity for an imagined, future "use" case.
Damn the SEC is actually pretty smart. Didnt expect them to nail them for that nonsense theyve been doing this year.

>> No.25064886

>>25063438
what this mean

>> No.25064892

>>25064783
Jedediah is literally Hebrew, not Hebrew influenced.

>> No.25064895

>>25063109
high-time preference not low

>> No.25064902

>>25064742
yes even a rape case takes a while to build and in a criminal case you have to be able to prove beyond a reasonable doubt. which is why so few rape cases end in conviction. that's the way the law works.

SEC cases are civil so the burden of proof is lower, but still requires clear and convincing evidence

>> No.25064919

>>25064836
Haha what?
Those are/were on Ripple's websites.

>> No.25064928

>>25064388
Oh really? Lets compare Link and XRP:
>100% of all coins got created out of thin air? Check.
>Founder are still holding more than 60% of the supply? Check.
>Constantly selling into the market? Check.

They're the same and the SEC will come after Sergay soon enough.

>> No.25064963

The crux of the issue is if it could be considered an unregistered security when they initially sold it, not if its a security now. Worst case, Ripple pays a fine. XRP will continue on. It won't be deemed a security and if you are betting on it being deemed a security, you will lose your ass on that bet.

>> No.25064966

>>25064751
chainlink doing regular dumps regardless of the price saves us here

>> No.25064978

Next step is Coinbase delisting it. It's ogre for xrp.

>> No.25064980
File: 268 KB, 399x426, 5f992a6864882f035a79d8deef3bd88b.png [View same] [iqdb] [saucenao] [google]
25064980

>>25064780
I do. Chainlink is a premined token on the Eth network. The top 100 holders collectively own 83.18% (831,762,146.09 Tokens) of ChainLink Token. I don't care tho.

>> No.25064999
File: 101 KB, 762x1200, 1605916564558.jpg [View same] [iqdb] [saucenao] [google]
25064999

>>25064355
>>25063639
ERC20 are safe as most of them arent for profit companies but foundations. It seems silly but it does make a difference. Its clear the tokens are part of "governance" of a network or utility. Some are vaguely stretching that definition but Link is a utility coin, Uni/Maker etc are governance. Plenty of the best Erc20 tokens are fine.

>> No.25065002

>>25064928
>>100% of all coins got created out of thin air? Check.
>>Founder are still holding more than 60% of the supply? Check.
>>Constantly selling into the market? Check.

Zero of these things are relevant to being a security or not.
It's the Howey test or nothing. Standing SCOTUS precedent for nearly a century.

>> No.25065004

Multiple G20 countries have already ruled or put into place regulations that, simply put, confirms XRP is NOT a security & that it is a currency. Here are the two possible outcomes of this lawsuit:

1. SEC declares XRP is a security. The US is now banned from purchasing XRP as a currency and now treats XRP as a security. The US immediately locks itself out of the ability to trade a currency that is recognized by every other country. Ripple Labs leaves the US and continues to innovate in another country that's more accepting of ripple (most likely somewhere in SEA). XRP takes another short term hit to it's value and then immediately begins to moon long term. The US's economy further degrades because it shot itself in the foot.
Alt Scenario A: XRP coins are immediately converted to shares of XRP. XRP can be purchased on the stock market (more available to boomers and other normies). XRP shares begin to moon because now normies and boomers can purchase "stocks' which they understand.
B. The SEC rules XRP to not be a security. XRP moons short term and continues to moon long term. XRP continues its mission...

Either way you look at it, no matter what the outcome of this lawsuit is, the XRP schizos win..

You should load your bags now while there is blood on the street and the value of the coin is low..

>> No.25065011

>>25064978
Go back to pol

>> No.25065019
File: 429 KB, 879x778, 3241234324234.png [View same] [iqdb] [saucenao] [google]
25065019

>>25064802
CFTC Chairman disagrees with you

>> No.25065021

>>25064919
yes... they pay indians to churn out blog posts every single day to inflate their google rank, so when people search bitcoin or crypto, ripple appears on the first page.

>> No.25065043

>>25064980
>Chainlink is a premined token on the Eth network. The top 100 holders collectively own 83.18% (831,762,146.09 Tokens) of ChainLink Token.
And?

>> No.25065059
File: 8 KB, 249x249, 1573527667180s.jpg [View same] [iqdb] [saucenao] [google]
25065059

doompa, I will buy back tomorrow morning after a good night of peaceful rest, its already at 41 cents

>> No.25065062
File: 97 KB, 807x358, file.png [View same] [iqdb] [saucenao] [google]
25065062

>>25064963
the suit alleges that it's still a security.

>> No.25065064

>>25064874
ETH 1.0 was ok. ETH 2.0 (PoS) is completely different. Vitalik was WARNED about this repeatedly.

>> No.25065082

>>25062813
Bad news for Ripple, great news for XRP now that sums can't dump on those poor fucks xrparmy anymore

>> No.25065090

>>25064749
Its not easy to run an ETH node

>> No.25065097

Y E S
E
S

FUCK BOOMERS
FUCK JEWS
FUCK TWITTER FAGGOTS
KEEP /XSG/ UP AS BAIT, INSTAPERMABAN ANYBODY THAT POSTS IN IT

>> No.25065102

>>25064297
Turd worlder confirmed. It's Jeb that's weird.

>> No.25065105
File: 349 KB, 935x935, 1568587634865.jpg [View same] [iqdb] [saucenao] [google]
25065105

>>25062813
Does this mean that xrp is officially a security now? What are the implications of this?

>> No.25065121

so we are selling and buying back lower or what? please advise /biz

>> No.25065125
File: 288 KB, 852x480, Winklevii_XRP_listing_denial.jpg [View same] [iqdb] [saucenao] [google]
25065125

Gemini listing denied by the Winklevii

>> No.25065128

>>25065062
Thats why they will lose

>> No.25065143
File: 25 KB, 540x338, 1598984812048.jpg [View same] [iqdb] [saucenao] [google]
25065143

>>25065004
>Here are the two possible outcomes of this lawsuit:
>1. Moon
>Alt Scenario: Moon
>B. Moon

>> No.25065145

>>25065082
post yfw ripple burns all their xrp and xrp holders get their $2k eoy

>> No.25065163

>>25065004
as the suit states, nobody is using XRP for anything. it's main reason for existing is to raise money for Ripple.

Further, US securities law has some rule that if anyone in the US can buy or sell you are still subject to US law no matter where you're located. If exchanges who serve US people delist it, it's ogre.

>> No.25065166
File: 230 KB, 500x913, 1557546503791.png [View same] [iqdb] [saucenao] [google]
25065166

>>25062813
kek back down to 25 cents you go for the rest of the bullrun

I tried to tell you dumbass newfags not to put money in ripple but as usual nobody listens

>> No.25065167

>>25064928
Retard detected.

>> No.25065185

based sec

>> No.25065191

>>25065004
now this is the kind of cope i come here for.

>> No.25065195
File: 162 KB, 391x391, 1608173282886.png [View same] [iqdb] [saucenao] [google]
25065195

what a fucking dump goddamn

>> No.25065197
File: 62 KB, 469x469, 1551651989732.jpg [View same] [iqdb] [saucenao] [google]
25065197

wew lad i finally sold the top

>> No.25065200

>>25065125
holy based

>> No.25065218

WHERES THE BOTTOM!!

>> No.25065219

>>25065163
Exchanges exist outside of the US. Crypto is a global market.

>> No.25065223

>>25065163
Built on XRP ledger. You are way behind. There are many projects built on XRP. catch up. https://www.sologenic.com/

>> No.25065226

so coinbase is about to delist it right?

>> No.25065237

>>25063663
lol no

>> No.25065243

>>25065021
ok bro lol

Just read some of the screenshots posted itt. The SEC has Brad himself describing XRP as not a currency, and a ton of other securities bait.

>> No.25065244

>>25065004
>XRP moons short term and continues to moon long term.
you just reminded me. The great conjuction date is irrelevent, it's the first full moon after the conjuction that was traditionally the big day. Same for new year and such, it's always the first full moon that new year would be celebrated.

>> No.25065254

>>25064514
This

Sell now and you will miss the greatest bull run ever

Xrp doesn’t need the US to survive first of all. David also knew this was coming watch his last interview on uphold. The fact that xrp broke the news is extremely bullish.

>> No.25065260

You all complain about da jawz but when it's time to bend the knee drop face to the ground I see. Guess BTC maxis still win in the end.

>> No.25065266

>>25065218
.36 is my guess

>> No.25065268

if Ripple loses it's fucking over for link.
Link is the second biggest coin/token of this type, there's no way it's not going to be the second.
Chainlink and Sergey would have to give up everything made on selling link with interest, chainlink the company would close up, link delisted from coinbase, everything would just die.

>> No.25065278

>>25065218
The bottom will be in tomorrow. Zero.

>> No.25065294

>>25065219
doesn't matter if they are outside of the US. if they have customers in the US they are subject to US securities laws. Will XRP survive if nobody in the US can buy it, and no US banks want to use it (not that any banks are using XRP for anything despite that being it's supposed "use case")

>> No.25065297

>>25065125
I fucking love these dudes
I hope they get their revenge on the zucc

>> No.25065295

>>25065004
Based

>> No.25065299
File: 178 KB, 1080x2220, Screenshot_20201222-154721.png [View same] [iqdb] [saucenao] [google]
25065299

>>25064712
We are dude

>> No.25065313

>>25065278
Is this [Rug Pull]??

>> No.25065347

>>25064119
>ripple printed tokens out of thin air and then dumped it on suckers and became rich.
Could be, but Chainlink did that too.
>hurr durr and?>>25065043
Filthy sodomite kys

>> No.25065356
File: 136 KB, 250x203, 1596839039519.gif [View same] [iqdb] [saucenao] [google]
25065356

Where is your $2k EOY cripples?

>> No.25065370

>>25064372
>majority of revenue came from xrp sales
There are going to be boomers and mid wits defending this company still after this. Doesnt even matter what the sec result is. They are massive idiots running that company.

>> No.25065379

>>25065356
You’ll see

>> No.25065386

So Telegram got charged for a similar amount and had to return the 1.2 billion to early investors and pay a $27 million fine, no big deal really.

>> No.25065392

>>25062864
When you ask questions like this you might begin to wonder, what else are we not allowed to do “for our own protection”
The answer: Shut up and obey you racist piece of shit.

>> No.25065402

>>25063006
Based

>> No.25065408

>>25065191
Call it whatever you want. Read through my post again and think about the possible outcomes. All of estimations are valid. I just bought an additional 25k XRP after the news. XRP is going to win this lawsuit and the coin is going to moon.

You witnessed it here first.

>> No.25065440

>>25065347
>>ripple printed tokens out of thin air and then dumped it on suckers and became rich.
This doesn't make it a security.

Fucking read the excerpts itt.
What makes it a security is shit like Brad saying XRP is of no use as a currency, employing strategies to direct the price, and making promises/predictions about the price.

>> No.25065466

>>25065408
this

>> No.25065473
File: 166 KB, 1085x264, Winklevii_Gemini_no.jpg [View same] [iqdb] [saucenao] [google]
25065473

>> No.25065482
File: 46 KB, 458x458, tumblr_n2g3pqOE8Q1qblic4o1_1394832591_cover.jpg [View same] [iqdb] [saucenao] [google]
25065482

>>25062813
>42 cents and falling

>> No.25065523

>>25065473
Shit like this is just egregious.

Link never even tried to get listed on any exchange.
Back in 2017 Binance had to go into the slack to ask about listing Link lmao.

>> No.25065524
File: 227 KB, 840x856, file.png [View same] [iqdb] [saucenao] [google]
25065524

this just keeps getting better

>> No.25065562

>>25062813
ahahahhahahahahahahahahahahahahhahahahahaha

>> No.25065576

You guys are so fucking dumb. This is a farce designed to depress the price so government affiliated entities will snap it up for pennies. I can't wait to see your faces once the lawsuit is conveniently dismissed on summary judgment. Fucking retards.

>> No.25065577

>>25064966
based price fucking

>> No.25065579

>>25063089
dunning kruger in action. don't listen to brainlet retards like this who are so fucking stupid they have no real comprehension of how to judge how smart someone else is

>> No.25065585

>>25065524
wouldnt this shit apply to all coins [eth]?? IS THIS A SELL SIGNAL?

>> No.25065627

is it over for this coin?

>> No.25065629

>>25064572
First stage already.
https://youtu.be/pbGEQzgZQ0s?t=234

>> No.25065653

>>25064861
Lol it’s not 1999 anymore

>> No.25065662

>>25065576
lol the fucking cope

>> No.25065670

>>25065627
It's been over for it for years. It's just been a slow bleed.

>> No.25065684

>>25065408
Thanks for the copium. You’re the only one here posting thought.

>> No.25065699

>>25065585
There's no company behind ETH jewing its holders to sue. They could sue the founders I guess. tbqh I think this is about Ripple being a company extracting value more than anything, SEC is known to make an example of particularly scammy things in crypto. If they wanted to they could take it all down, in the US at least.

>> No.25065703

>>25065585
If ETH promised profits from holding ETH and made efforts to up the price, yes.

I don't think ETH did, but Ripple is on record.

>> No.25065723

>>25065102
They're both fucking weird you lacrosse playing faggot

>> No.25065734

I own a lot of XRP. Bought it all around .20 so I really don't care. I also own ALGO LRC and some others. I don't expect each coin to move at the same time. I'm personally hoping XRP tracks in the .40-.50 range while eth, algo and some of the lower coins pump. Whichever ones move first, those get rolled into XRP. You are fucking idiots for becoming core shill bots for any coin. Especially Link and Btc.

>> No.25065740
File: 718 KB, 320x240, 63113A3E-CF7F-41B7-85FD-092DF6DC5410.gif [View same] [iqdb] [saucenao] [google]
25065740

>>25065004

>blood on the streets
>value is low

Imagine buying XRP in 2017, waiting 3 years without any ROI and losing it all in a lawsuit. I’m in TEARS reading this cope

>> No.25065754
File: 35 KB, 620x413, 7A8931A8-9375-4DA4-86FF-45E9DEA1AC93.jpg [View same] [iqdb] [saucenao] [google]
25065754

>>25063908
>[c]a[ping]

What did they mean by this

>> No.25065775
File: 1.83 MB, 333x358, 1605644076803.gif [View same] [iqdb] [saucenao] [google]
25065775

>>25062864
Move to /pol/ for a few hours and read some redpill threads about "the tribe". You will have learned a lesson. Oh. Boy, you don't know what you are in for.

>> No.25065801

why does this shitcoin dump my xlm fuck you ripple jews

>> No.25065811

>>25063631
>lotto tickets and scratchoffs to their hearts' content.
those among many other things:

Payday loans
Cars worth more than their yearly salary
Credit card debt
$100,000 in non-bankruptable student loans to get a tuba degree
Life savings on black at the roulette table

And they have the audacity to claim we're "protecting" anyone. Fuck every single one of them

>> No.25065825

>>25065801
Jed McCaleb.

>> No.25065878

>>25065703
>what is staking?
sorry its over

>> No.25065893
File: 257 KB, 877x943, file.png [View same] [iqdb] [saucenao] [google]
25065893

>>25065585
did Vitalik promise that his effort would cause the price to pump? Has Vitalik or the Eth devs manipulated the market and directed market makers? If the current Eth devs quit, would Eth perish or would new people step in? Does Eth have legitimate use cases that real people and companies are using right now, or are they getting people to buy based on future hypothetical adoption?

>> No.25065897
File: 197 KB, 680x780, 1606448749912.jpg [View same] [iqdb] [saucenao] [google]
25065897

THE BOTTOM IS IN!

>> No.25065909

>>25065754
Like it said Cap and Target with sapital letters.

>> No.25065910
File: 6 KB, 231x219, 1605746552086s.jpg [View same] [iqdb] [saucenao] [google]
25065910

NO NO NO NO NO NO NO NO NO NO NO WHY? WHY? WHY?

>> No.25065911

>>25065576
you think i should buy the dip(tm)?

>> No.25065942

>>25065878
>holding
>staking

pls pick one

>> No.25065943

>>25065576

Yep, this is a plausible outcome. I already loaded my bags.

>> No.25065958

>>25064963
>Ripple pays a fine. XRP will continue on
Not really. They will be prevented from continuing to sell XRP, which if you read the thread you would see accounts for most of Ripples revenue. Theyre going toast.
>>25065004
>Multiple G20 countries have already ruled or put into place regulations that, simply put, confirms XRP is NOT a security & that it is a currency.
None of those countries are relevant if the US has its own opinion.

>> No.25065971

>>25065878
staking isn't the same thing at all. You're not deriving profit from the work of others. You the staker are doing the work and creating the coins. There's no expectation of profit either. Vitalik isn't going around telling everyone that by staking you'll get rich, or that the price will pump because of staking. Rather the opposite he talks about the risks of staking

>> No.25065982

>>25065740
that would be me.....

talk me off the ledge frens

>> No.25066062
File: 406 KB, 1068x1068, 1608666432761.jpg [View same] [iqdb] [saucenao] [google]
25066062

BTC is also going to $0

>> No.25066095

>>25064297
Jedidiah
Jed McCullum
Jedders

All real names I've known real people to have.

>> No.25066142

>>25065982
What are you, 30?
Live and learn bru, it's the only way.

>> No.25066198

>>25062864
murica is socialist commiehole
>cant invest in whatever you want
>stimulus money for niggers doing nothing

>> No.25066252
File: 228 KB, 1043x460, xrp not being used by banks.png [View same] [iqdb] [saucenao] [google]
25066252

banks not even using it

>> No.25066258

>>25065576
Lol. I'm not convinced you really even believe what you just typed

>> No.25066260

>>25062864
Jews. Please look into it with an open mind. Literally been going on for millenia.

>> No.25066302

>>25066252
page 57 is amazing. SEC going in

>> No.25066318
File: 251 KB, 798x896, file.png [View same] [iqdb] [saucenao] [google]
25066318

imaging thinking that Ripple wasn't creating an expectation of profit from XRP when that was the company's entire business model

>> No.25066363
File: 114 KB, 1643x1707, xrp_july4.jpg [View same] [iqdb] [saucenao] [google]
25066363

scare tactics. FUD. they don't want normies to own any.

remember, July 4 the price was $0.1776
silver was $17.76, gold was $1,776

that HAPPENED. price is manipulated. it's all a show.

>> No.25066378

can the government actually ban a coin?
we'll find out soon
personally, i don't see it happening

>> No.25066379

>>25066260
Already done. Stocks are being tokenized. Sologenic is designed to tokenize pretty much any asset. Algo has a similar thing in terms of buying assets. https://www.sologenic.com/

>> No.25066383
File: 5 KB, 225x224, 1601616861208.jpg [View same] [iqdb] [saucenao] [google]
25066383

>>25066252
>b-b-b-BUT MUH PAAAAARRRRTNUUUUUURRRRRSHIIIIIIIIIEEEEEEPPPPZZZZ

>> No.25066396
File: 86 KB, 938x1024, 347347347.jpg [View same] [iqdb] [saucenao] [google]
25066396

>>25066363

>> No.25066399
File: 95 KB, 500x447, 1599775208068.png [View same] [iqdb] [saucenao] [google]
25066399

>>25063619
kek pic related
>>25063908
>>25064096
>>25064204
>>25064273
>>25064372
>>25064751
>>25065062
>>25065524
>>25065893
>>25066318
based reader/highlighter making sure I don't even have to read a full paragraph. shit's pretty damning, and no matter how the lawsuit goes this shows they use their holders solely to milk profits using any means necessary. some of this also sounds like open/shut insider trading and market manipulation. literally much worse than I thought

>> No.25066411

>>25066252
fucking lmao :laughing:

>take investor's money
>use it for """subsidies""" aka give it to institutions so they use your shitcoin

Can't make this shit up, this is BEYOND cucked.
How are XRP tards even coping at this point, they literally gave their money for FREE.

>> No.25066420

>>25066378
The government banned pieces of plastic when they defined them as "machine guns" under the bump stock ban.
If they can ban a chunk of plastic, they can ban anything.

>> No.25066422

>>25065576
I was thinking the same thinking

>> No.25066427

Who sold and who held?

Is it over for this coin

>> No.25066429

>>25066252
yoooooooooooooooooooooooo

>> No.25066446
File: 315 KB, 621x533, 1585598783926.png [View same] [iqdb] [saucenao] [google]
25066446

>>25065982
Had you browsed here for longer than 6 months and not aped into the first green candle you saw on cnbc you would have known XRP was a failed project.

>> No.25066455
File: 289 KB, 825x1197, file.png [View same] [iqdb] [saucenao] [google]
25066455

>>25066378
if they can ban you from buying and selling it (which they can) that's as good as banning it

>> No.25066459

>>25062918
Schwartz being a jew but it makes me confident. If they truly have nwo plans or connections then xrp is on heavy discount

>> No.25066466

>>25066420
good point.
if xrp is banned, they all will be then

>> No.25066485

>>25062813
NNNNNOOOOOOOOOOOOOOOOO
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.25066516

>>25066455
>17 posts by this id

KYS already you maxi dumbass they already declared it 2015 as a currency

>> No.25066517

HOLD THE LINE
STAY THE COURSE

>> No.25066527

>>25066459
>The Jew World Order is going to make me rich because I bought a bunch of useless scamtokens from a shady business!
This level of utter cope is just sad anymore.
>>25066466
Except XRP is a security, BTC and ETH are not.

>> No.25066534

>>25066466
Not all cryptos went out and kept making price-related promises, and actually strategizing to push the price.
Please read the excerpts from the suit posted itt.

>> No.25066587

>>25063742
>sure but lottery proceeds go to the government and don't affect funding of businesses, so of course the gov doesn't have a problem there.
you're acting like a massive stock selloff affects business funding, but it doesn't. people sell to other people. the company has made its money in the IPO

>> No.25066607
File: 511 KB, 680x780, 029384jtq098agmr.png [View same] [iqdb] [saucenao] [google]
25066607

Is it time, frens?

>> No.25066611

>>25066534
all they need is to set a president
ripple will be the sacrificial lamb
then they will after "unregulated" assets

>> No.25066620

>>25065958
This has to be the dumbest fud I’ve read lmao you cucks are too much today


See y’all in a couple weeks dumbasses

>> No.25066633

>>25062813
holy shit this is so fucking BULLISH

>> No.25066644

Increased my stack by 5k zerps.

Thanks SEC :^)

>> No.25066657

>>25065801
Where one gets fucked in the ass, we all get fucked in the ass.

WOGFITAWAGFITA

>> No.25066669

>>25066633
LETS GOOOOOOOOOOOOOOOOOOOOOOOO

>> No.25066682

>>25063438
I mean, I thought it was pretty obvious Biden didn't get over 80million votes and it was like a flare at midnight obvious get nothing happened. However I think this chink owned pedo gov hates crypto and only want it for themselves so fuck I don't know

>> No.25066691

>>25066611
You need the promise of profit to be deemed a security.
Ripple did a ton of that, many cryptos did not.
Like ETH, which was already clared by the SEC.

>> No.25066709
File: 208 KB, 726x727, file.png [View same] [iqdb] [saucenao] [google]
25066709

>>25066633
>their entire business revolves around shilling XRP to pump the price of XRP so they can sell bagholders the XRP they created
>bullish

>> No.25066734

>>25066633
>>25066644
>>25066669
>Garlinghouse bot army is out in force
Going to suck when that faggot shabbos is too broke to keep the lights on,

>> No.25066737

>>25066691
and you trust the government?
kek, okay fren

>> No.25066752

>>25066318
>cryptographer-1
Kek thats the fat jew Schwartz isnt it?

>> No.25066770

>>25066737
"Profit promises" is part of the Howey test for securities.
This has been standing SCOTUS case law since the 1940s.

>> No.25066776

>>25066734
Keep eating Sergeys shit anon

I will let you live in the guest house on my moon mansion

>> No.25066779

>>25066737
I trust them more than conman Garlinghouse and his merry band of kikes.

>> No.25066796

>>25066527
>Except XRP is a security
If its a security, what is it guarding?

>> No.25066797

>>25063109
Imagine believing this

>> No.25066801

Does this kill Flare/Spark as well?

>> No.25066815

>>25062813
What the fuck did you just fucking say about XRP, you little FUDer? I’ll have you know I was awarded employee of the year at RippleLabs, and I’ve been involved in numerous secret shakeouts againts BTC and ETH, and I have over 300 successful swings.

I am trained in meme magic and I’m one of the top schizos in the entire /XRP/ schizo general. You are nothing to me but just another fudder. I will wipe your gains the fuck out with precision the likes of which has never been seen before in this space, mark my fucking words.

You think you can get away with saying that shit to /xsg/ over the Internet? Think again, linker. As we speak I am contacting my secret network of Bogdanov's and Sminem across the blockchain and your IP is being traced to your portfolio app right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your portfolio. You’re fucking JUST, kid. I can move anychart, anytime, and I can defund you in over seven hundred ways, and that's before contacting my buddies over at the WEF, IMF and the fed.

Not only am I extensively trained in solidity, but I have access to the entire arsenal of decentralised nodes across ETH and I will use it to its full extent to wipe your miserable shitcoins off the face of the internet, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking backspace.

But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. I will shit fury all over your portfolio and your bank account for it.

You get the fucking rope, pink.

>> No.25066821

>>25066776
>muh Sergey!!!!
I don't even have any LINK.
Graph Gang Fo' Lyfe, faggot.

>> No.25066842

>>25065004
memes aside, name one sizeable real use for xrp even tron and eos are more legit in that sense

>> No.25066862

ahaha wow.. XRP getting justed because of this? the absolute state of this crapcoin..

>> No.25066866

>>25066821
Smart man. I sold some of my grpahies for this dirt cheap XRP and you should too. /biz/ is always right and you should always do the opposite of what /biz/ says

>> No.25066929
File: 404 KB, 1525x936, 1592146914265.jpg [View same] [iqdb] [saucenao] [google]
25066929

anyone want to play a round of bingo in /xsg/?

>> No.25067024

>>25066709
I'm already up over 3 percent in the last 30 minutes.

>> No.25067039

>>25066527
Same faggots who buy link coz, me no want to eat ze bugs. How much you hold?

>> No.25067060

>>25065268
What the fuck are you on

>> No.25067072

>>25066842
Cross border payments
Transaction speed

>> No.25067089
File: 927 KB, 1080x720, pop(1).png [View same] [iqdb] [saucenao] [google]
25067089

>>25062813
OP is a bottom, SENT is the top.

>> No.25067101

>>25066866
No thanks. I've always thought XRP was shady, but this entire lawsuit just confirms to me that it is what I always suspected, a scam.

>> No.25067133

>>25067072
Paypal already does this.

>> No.25067145

>>25065268
Link never promised or pursued price pumps.
In fact, they explicitly kept saying they would never discuss the token price.
Link also never said the token has no utility.

Garlinghouse did, like a dumbass.

>> No.25067180
File: 2.94 MB, 1844x1400, 1586829428161.png [View same] [iqdb] [saucenao] [google]
25067180

>>25067101
Kek

Its shadier than you could possibly imagine. Precisely why its a good investment

>> No.25067204

>>25067145
those quotes only makes it easier for sec to win the case, but they are not the meat of the case. Chainlink is fully centralized, chainlink (company) gets profits from selling link, all profit for link holders can only come from action of chainlink. It's a security exactly like ripple

>> No.25067271

>>25066801
Flare/Spark was never alive to begin with. Just like codius it will fade away to nothing by next winter.

>> No.25067272

So what's the charge for holding securities? I'm american, hold link right now but I did hold xrp for a while. What the fuck can they do? They can't get my funds that's for damn sure.

>> No.25067276

>>25063014
>>25063053
>Jed McCaleb is an American banker, programmer and entrepreneur. He is a co-founder and the CTO of Stellar.[1] Prior to co-founding Stellar, McCaleb founded and served as the CTO of the company Ripple until 2013.[2] McCaleb is also known for creating the Mt. Gox, and the peer-to-peer eDonkey and Overnet networks as well as the eDonkey2000 application.
Everything this faggot touches turns to shit.

>> No.25067298

>>25067272
nothing. you were the victim

>> No.25067307

>>25067204
>but they are not the meat of the case
They are.
They prove the "promise of profits", a key requirement in the Howey test.

>Chainlink is fully centralized, chainlink (company) gets profits from selling link, all profit for link holders can only come from action of chainlink.
None of this is relevant to being a security or not.
See the Howey test.

If you make paintings and sell them for money, you get profit from selling paintings, but that in no way makes your paintings securities.

>> No.25067312

>>25067272
they demand ripple gives all money back with penalties. Ripple would have to close, xrp becomes worthless, also delisted from coinbase

>> No.25067318

another thread that wont age well, /biz/ are really just a bunch of retards, ALWAYS do the opposite

>> No.25067385
File: 116 KB, 217x224, 1514174715053.gif [View same] [iqdb] [saucenao] [google]
25067385

>>25067318
>Yeah, go buy these 100% centralized tokens with no utlity (per their CEO's OWN WORDS) instead of something that actually has value/use case, goy.

>> No.25067386

>>25062864

All in Ripple

>> No.25067406
File: 141 KB, 752x545, file.png [View same] [iqdb] [saucenao] [google]
25067406

>>25067318
>ALWAYS buy shitcoins from scammers whose coin doesn't have any use other than lining the pockets of the developers and who publicly and privately say that pumping the price is their main objective

>> No.25067422

>>25063006
homo

>> No.25067454
File: 44 KB, 320x320, 600-6004897_100kib-724x611-smug-wojak-wojak-smile-hd-png.jpg [View same] [iqdb] [saucenao] [google]
25067454

>>25062941
>tfw still in profit at that point

>> No.25067495
File: 25 KB, 473x500, pHenlo.jpg [View same] [iqdb] [saucenao] [google]
25067495

>>25067385
>>25067406
kek, when it reaches its ath in January after it gets clarity, how will you react?

>> No.25067521

Ripple will be fined a negligible sum (in the grand scheme of things) for sales of XRP early on which "may" have been considered a security. HOWEVER Clayton has stated before that digital assets can start as a security and transistion to decentralisation over time, which is what has happened. Result, slap on wrist for ripple and finally some regulatory clarity. Ripple will fight this with everything they have.

>> No.25067541
File: 241 KB, 737x1102, file.png [View same] [iqdb] [saucenao] [google]
25067541

>>25067495
new ATH because of all the banks that are using it, amirite?

>> No.25067584
File: 6 KB, 284x177, 1414582128391.jpg [View same] [iqdb] [saucenao] [google]
25067584

>>25067495
>muh clarity!
Yeah, it's about to get clarity alright. That big red, white and blue dick that's about to be firmly jammed into their ass will be all the "clarity" they'll ever need lol

>> No.25067664

>>25067541
wow, this one hurts really bad

>> No.25067665
File: 68 KB, 500x500, smughappypepe.png [View same] [iqdb] [saucenao] [google]
25067665

>>25067541
>>25067584
you're right its over, sell now and never look back

>> No.25067696
File: 2 KB, 433x39, reddit discord.png [View same] [iqdb] [saucenao] [google]
25067696

>>25066252
I just got banned from the Ripple Reddit Discord for posting this information. No trolling, no insulting them or mocking them. Just genuinely sharing information because I don't like seeing people lose their livelihoods.

>> No.25067699
File: 291 KB, 717x1237, file.png [View same] [iqdb] [saucenao] [google]
25067699

>>25067495
only thing that's becoming clear is the extent of the Ripple's fraud

>> No.25067714
File: 31 KB, 300x400, le trashman.jpg [View same] [iqdb] [saucenao] [google]
25067714

>>25067665
>Sell
>Implying I'd ever hodl this scam coin

>> No.25067716

>>25066929
I'm one off from a bingo
can't believe no one has talked about accumulating yet

>> No.25067759
File: 1.25 MB, 400x400, 1508028031188.gif [View same] [iqdb] [saucenao] [google]
25067759

>>25067716
>can't believe no one has talked about accumulating yet
Probably because XRP is now a proven scam with NO utility, per Garlinghouse himself lol

>> No.25067772

>>25067541
>it hasn't happened yet so it never will
what a fucking weak ass case
jay should rope himself
literally only doing this cause he's on his way out

>> No.25067807

>>25067716
please make a collage with screencaps

>> No.25067817
File: 242 KB, 727x1162, file.png [View same] [iqdb] [saucenao] [google]
25067817

so much for the "b..b..but Ripple is a currency!" argument

>> No.25067838

>>25063109
Who the fuck is the government to decide where I can invest my money? Suck my dick, you banker apologist!

>> No.25067896
File: 64 KB, 741x252, file.png [View same] [iqdb] [saucenao] [google]
25067896

bags for thee but not for me

>> No.25067917
File: 8 KB, 250x250, 1605045714144.jpg [View same] [iqdb] [saucenao] [google]
25067917

>>25067406
>>25067541
>>25067699
>>25067817
>23 posts by this ID
You are a chink kike and your FUD is weak.
NEVER FUCKING SELLING

>> No.25067936

>>25067917
>NEVER FUCKING SELLING
Enjoy those heavy ass bags when cRipple goes under lol

>> No.25067945

>>25065163
>nobody is using xrp for anything
>nobody
>anything

>> No.25067955

>>25067917
what FUD? These are straight out of the SEC's complaint. take it up with them not me

>> No.25067994
File: 31 KB, 128x117, 1605622956766.png [View same] [iqdb] [saucenao] [google]
25067994

>>25067936
>>25067955

>Up 94% over 3 months
oh noooooo my bags are soooo heavyyyy were duuuuummpiiiiinnnggg

>> No.25068007

>>25063109
>also protects the companies from having fickle emotional irrational plebs fomoing in and then yanking all their money out because the price dipped a little bit.
Stocks being traded on the secondary market doesn't actually affect the company in any meaningful way

>> No.25068037

>>25067994
>Muh 94%!!!!
>Wasn't able to break and hold 59 cents for longer than a few days before crashing
Man, this kind of stockholm syndrome is a sight to behold. I feel bad for you gullible retards, I really do.

>> No.25068059
File: 235 KB, 762x897, file.png [View same] [iqdb] [saucenao] [google]
25068059

Maximum oof
Brad better start lubing up his ass now to get ready for tyrone's cock

>> No.25068070
File: 11 KB, 250x244, 1606780331986 (1).jpg [View same] [iqdb] [saucenao] [google]
25068070

>>25068037
>wasn't able to hold local high so it fell back to support at .40 as expected
Does your mental illness pain you or are you numb to it?

>> No.25068087

>>25066842
Cross border payments.. Remittance...the transfer is quick and cheap.

All jokes aside, this lawsuit will go no where. You know why, XRPs executive team is primarily Jews.. Wallstreet and the SEC is all ran by Jews. We all know that jews don't betray each other and other fuck goyim. If this was sergey being sued it would be a different story.

Garlinghouse and Schwartz will be fine.

This is all theater.

>> No.25068094

IT'S A HERMAPHRODITIC ONSLAUGHT!

>> No.25068145

>>25068070
See
>>25068059
Fucking GRT shot past XRP in 3 days, and is still higher than XRP after it's pathetic little "pump" that took it over 3 years to achieve. It's no wonder you people are poor, and will likely remain so.

>> No.25068183

>>25068087
>Muh cross border payments
Again, PayPal has been doing this for years and it didn't need to scam it's entire customer base and lie to get to where they are.
Cripple did, because they themselves admit the token is essentially use, and only exists to raise money for the company.

>> No.25068190

>>25068087
in 8 years nobody is using XRP for that. As the lawsuit reveals that meme narrative came about as a way to pump the price of XRP and enrich the founders, which is the primary purpose and design intention of XRP

>> No.25068232
File: 7 KB, 237x250, 1605907368370.jpg [View same] [iqdb] [saucenao] [google]
25068232

>>25068145
>my literal scam bubble coin shot past a legitimate coin that was retracing as expected
Nice try, Xiang

>> No.25068252

>>25063908
jesus it's an even bigger centralized scamcoin than I thought

>> No.25068353

>>25068232
>Calls GRT a "scam bubble"
>Defends a company that is literally proven to be nothing but scam artists and is being charged by Uncle Sam
Enjoy this last (you), faggot. I'm already laughing at your huge fucking loss today, and will continue to do so all the way to XRP's demise.

>> No.25068354

>>25064273
what the fuck did they ever burn 25 million on lol
>>25064372
never mind 275 million
literally what did their "operations" consist of?

>> No.25068388
File: 79 KB, 640x640, 1608339161289.jpg [View same] [iqdb] [saucenao] [google]
25068388

>>25068353
Stay poor fag. I'll take my comfy 2x from the last 3 months and ride it to $13.25

>> No.25068421

>>25067917
>Ezpzglgl ID
>Easy Peasy Good Luck Good Luck
BUY SIGNAL GG

>> No.25068450

>>25068145
I hate XRP but are you retarded, do you know what mcap is?

>> No.25068510

>Bet on the jews
>Get jewed
ITT: disillusion