/biz/ - Business & Finance

>>25170726
nice cope line

>>25170726
Prison bullish?

>>25170726
>the chart
if coinbase delists xrp it's going below $0.1.
There's zero reason to hold it.

>>25170726
never selling

>>25170726
I laughed hard, thank you

>>25170726
still buying

>>25170760

why would they delist one of their most high volume coins? SEC still has to prove their case in court.

this will just be a slow bleed to zero faggot

>>25170726
8 year char looks like a manipulated pump and dump scam. SEC filing proves it was.

>>25170780
because it's illegal to list a security, and the court case isn't going to turn xrp into a security, it's going to confirm that it already is one. Since the sec suit coinbase can't say it was unaware that xrp could be a security.
If there's no delisting in January you're right but I expect delisting announcement in the next two weeks.

>>25170780
coinbase trades crypto and since xrp is considered a security in the us you can guess the rest

I'm cum

>>25170845
XRP is not considered a security yet
The SEC has yet to prove that

I own 5k xrp and still think this is retarded

>MUH TA

>>25170865
You are joking. You think coinbase or anyone else is going to sit on their thumbs waiting to get added to this nightmare? There wont be a dollar to be made keeping it listed. Thats one reason to get rid of it. And coinbase can get in trouble for selling it at this point. This lawsuit is fatal to ripple.

>>25170828
they have five years. and if xrp is a security the entire altmarket is dead forever.

>>25170780
the risk/reward ratio is just abysmal. Ripple and XRP are now radioactive to banks and bigger investors. Moneygram already claimed it doesn't use ODL. Even if xrp wins the suit in a year (?) it's going to be over.
The SEC suit killed xrp already, the only difference is how fast the death occurs. Coinbase and binance.us delisting - instant. No delisting - bleed over a year.

The long bleed - most devout XRP holders are now in the 1-2 stages in the kubler-ross model. Some are angry at the sec, some are inventing conspiracy theories denying reality.
When they process the events and start getting into acceptance stage they are going to start selling, but these people are the ones currently buying (in the denial stage) so buyers are going to disappear at the same time

>>25170828
FUD CB is allowed to sell securities.
I guess your a newfag and doesn't know EOS is a security.

>>25171010
bargaining stage

>>25170726
fuck all of you schizos and your dogshit coin we might legit not get ALT season cause of you

>>25170760
>if coinbase delists xrp it's going below $0.1.
Why? How does that affect the actual coin itself?

>>25171093
because all crypto is overwhelmingly traded by americans, and they're most likely going to be completely barred from trading xrp at all.

>>25170944
Ripple is going nowhere. Anyone shorting this is going to get rekt, it's like shorting Bitcoin at $3,000 earlier this year thinking it's going to $1,000.

>>25171010
No Coinbase is not allowed to sell securities. They applied for that license but it has bot been approved. Also EOS was not ruled a security, the ERC20 EOS was ruled a security and that is not what trades on Coinbase

> More significantly, Block.One’s statement said that its ERC-20 token is no longer in circulation “and will not require the token to be registered as a security with the SEC.”

Keep coping though. We tried to warn yoy

>>25171125
they have unsellable bags that would kill the market, what else could they write?
xrp price has nothing to do with paid customers, it depends on Americans speculating on it. All crypto depends on Americans, nobody else has enough wealth to move the markets at current valuations.
Ripple itself stated it's not profitable without selling xrp.
https://twitter.com/galgitron/status/1342487879747055617

>>25170858
Why do you cum?

>>25171103
>because all crypto is overwhelmingly traded by americans
I doubt that one for some reason.

>>25170726
ftfy

>>25171218
who else? Do you realize Americans own 30% of global wealth?
https://www.visualcapitalist.com/all-of-the-worlds-wealth-in-one-visualization/
now realize it's about wealth that can be spent on crypto, poorer people have more in necessities.

Now crypto itself
>Finder, an Australia-based financial services firm, has surveyed 2,068 Americans to figure out that 36.5 million people in the United States own some form of crypto to date.
>Titled “A rising number of Americans own crypto,” the survey was released on Oct. 14, as Finder tweeted.
>Average $5,447 holdings versus $360 median amount
$198B out ~$220B when the survey was made. That's 90%.
90% of all crypto is owned by Americans.
Which shouldn't be surprising given the wealth disparity and language disparity (it all started in english).
https://cointelegraph.com/news/number-of-americans-owning-crypto-doubled-in-2019-finder

It's over for xrp

>>25170726
There was a lot of TA on your chart, OP, and it was a bit challenging to follow. You'd also supplied a whole litany of rationale in your post but I think I got there in the end.

>>25170760
>(((coinbase)))
For one thing, it's not even in the top 10 XRP exchanges by volume, hell it's not even 2% of the entire transaction volume. Secondly this shit is far bigger outside of US than it is domestically and the volumes prove it.
The real key is whether if SEC and our Trump administration (which will stay in place beyond January 20th) intends to use XRP and other assets they are going after for our own purposes, since it is well known these are all just money laundering and slush fund mechanisms for malicious actors across the world.
Crypto concept cat is out of the bag, so their plans might be more complicated then you'd think.

I AM A SCHIZO. I WILL NO SELL

>>25170726
what happens if the price goes below 0? will i have to pay money for owning XRP?

>>25170944
this exactly... trying to tell these retards, no big corporations nor banks touching it for a year just removes any semblance of a floor, and once it dawns on more and more people it will be a slow bleed, mixed with both the occasional scam pump by exchanges (who are/were also big hodlers) to rekt some margin traders, and the occasional huge red candle when a bigger hodler capitulates.
You don't often get easy trades but this is it, just short with enough collateral to not get scam pumped out of your position.
I would only close a short if XRP somehow settles really early and gets off with a fine.
Not financial advice DYOR.

>i-i-it's gonna moon... this time!

This amount of sheer cope is just sad

>>25170726
XRP is the jew coin, boomers got suckered into buying in cause DUH BANKING COIN and thier little boomer brains say Banks are rich and make money therefore i will become rich and make money by investing into xrp. The jews who ran xrp got too greedy and have thier own coin stock which they kept and hyped up and sold when ripple pumps.

Buy $ROCKS
the new cryptocurry social rocket

Truth about XRP

https://www.youtube.com/watch?v=xgGph8K7Bxw

.29

>>25170726
Hilarious.
Lookie lookie here. Muh lines.

>>25171093
t. Retard

If it does fall to 1c then buy in for easy 5-10x though

>>25170801
No sweety, evidence and winning the case would prove something. Tesla. Amazon. Mark Cuban. All have been sued by the SEC. you need to go back to school

>>25170913
Did you read the lawsuit?

>>25173865
>Not financial advice
clearly

>>25176515
>evidence and winning the case
Which the SEC literally never does.
This is the most bullish thing I've ever seen.
This is the SEC and the government using typical tactics to be paid off.
This means XRP will be first through the door.
Guaranteed.