Yes i have heard this as well and it is quite worrying. i think that the best thing that Ripple can hope for in order to avoid losing the company completely, if that is the case in terms of the SEC track record on cases, then i think a settlement should be considered on their part. But there has also been consideration on Ripple to move their head quarters to Japan. Perhaps a loss in the case may prompt this movement too?
I do not think it is advisable to do such especially when a coin is being tried such as ripple... There are two results to this, either it picks up again or it finally goes down and fades away due to the persistent decrease in price, but we can't say, it might pick up again.
Ripple's current stand is uncertain, due to the ongoing law case with the united states SEC. It will be a real gamble for any investing his or her money on Ripple now, cos the worst might happen based on the clean swept of law cases won by U.S SEC.
I have seen a very big drop in the price of ripple from the last week, and i think it will prolonged for next some weeks, and after that it will win the war and again its price will again rise up & crops the all time record.
Hmm, till then, for now I just can't gamble my money on Ripple. Many exchanger platforms are beginning to drop down Ripple from their list of traded coins. They don't wnat to face uncertainty over their own business too, that's why they took immediate action to drop Ripple from their list of acceptable coins.
Bad publicity is not a good thing, and you are right about that. However, there are many that are viewing this lawsuit as rather an attack on the crypto industry and therefore I think that if the ripple company is able to come out on top of this then there is a major room for growth and development for them in this regard and people will gain confidence in their resolve.
Ripple case with U.S SEC is still ongoing, not settled yet. You can keep up to date of the lawsuit, when you follow daily crypto news at coinmarketcap.com. There, you will get every update you need to get about all happenings around Cryptocurrencies.
The problem withe the U.S sec is really affecting XRP. The value keep falling drastically and I feel its going to continue in that trend for sometime but would bounce back later and when it does, its going to be stronger than it usual is
The going saga, I mean the court case between Ripple and U.S SEC is a tough one. Making Ripple (XRP) coin to be constantly dropping, the price will only go high. If the lawsuit goes in favour of them, if it goes against them failure becomes theirs. But I pray it favours them, so it gonna return back to its position in the crypto chain ranking.
This is fair. And major companies if they have done something wrong should be held accountable for their actions. However, what is your opinion on the ripple lawsuit? From what I can tell it has resulted because of the false promises that they made in order to get investors into the coin and the coin has not risen as much in value as they have said. Do you feel that they are guilty?
Ripple, the fintech company best known for cryptocurrency XRP, has said it expects to be sued by the Securities and Exchange Commission over allegations that it violated investor protection laws.
It isn't wise at all. What if the coin gets delisted eventually and you already bought some, the best is to wait till the issue is resolved.
It is wise, if you've been following update at coinmarketcap since the lawsuit started with U.S SEC. You could've known what I'm telling you by now. Ripple have grown so high, over the past months, it is around $2 per token. Had it been i got any concrete advise to invest in the coin, and forget it till now, i would've been on the seven heaven.