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/biz/ - Business & Finance

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>> No.15766786

I hate xrp retards as much as anyone but what kind of cope is this? Who cares what exchanges think is a security or not? It’s not up to them to decide

>> No.15766800

>>15766786
>whop cares what exchanges THINk
FKIN cope more retard, exchanges are co,ntrolled by the state and can get their asses kicked by the SEC if they don't evaluate whether a token or a crypto is a security of not.

retard.exe

>> No.15766979

>>15766786
LMAO. You can't be serious.

>> No.15767104

>>15766979
that's def an XRP tard, or an "investor" in one of the securities listed above

>> No.15767129

>>15766800
>>15766764
The SEC determines what is and isn't a security with their annually issued guidelines. The exchanges have 0 say in what is or is not a security and what can or cannot be listed in the US. It all falls to the discretion of the SEC.

>> No.15767131

ROFL, sharing with you a hilariously embarrassing article I have bookmarked that I re-read from time to time.

>"massive XRP sentiment shill army uncovered"

Was watching another XRP video on Youtube and they are so clearly shills, using words like "euphoric". "The euphoria that us chosen adopters of XRP will feel when we wake up the next day will be GLORIOUS!"

All XRP videos on Youtube are by channels whose sole job is to pump out pro-XRP propaganda at least once per day in the form of a video, and they almost never show their face.

Also, LOL at people thinking the banks would buy shitty XRP. From my understanding of it being labelled a security (or very close too) is that it is based on the fact that the coin exists only to serve as somewhere where rich people can keep their capital in, without fear of the stock price moving up or down (which would make them deceitful to crypto investors thinking they will ever get a return).

The insanely large amount of coins in circulation and that are owned by Ripple and being withheld/slowly dripped into the XRP economy ensure that this shitcoin will never actually be worth anything - but it is a safe place for rich people to store capital without fear of losing out.

XRP is a joke, though I'm still considering buying in because I think their well-oiled propaganda machine might see the coin have one more pump before crashing again once the smart people sell it, while the retards who think it will go to $100-$1000 and beyond cry themselves to sleep after seeing the price perpetually hover around 10-30 cents.

LOL.

>> No.15767140

>>15767131
>ROFL, sharing with you a hilariously embarrassing article I have bookmarked that I re-read from time to time.

https://cointelegraph.com/news/is-xrp-a-security-we-may-never-know

>> No.15767200

>>15766786
It is up to the to self regulate! Bad for business to be dealing with unregistered securities.
>>15767140
Its only cause they pedos like Clinton & Pedoesa directly. There time will come. They already admitted to the justice department its a pre mine. Aka not a commodity.

>> No.15767207
File: 2 KB, 125x118, honkhonkhonk.jpg [View same] [iqdb] [saucenao] [google]
15767207

>>15767129
please cope more, the exchanges have an army of lawyers to protect them against listing securities!
they don't have a say, but legally speaking their report is sound.

if they listed XRP with a score of 4 you can bet your ass XRP have a bug chance of being a security and holders get their asses kicked.

it's so fucking risky to hold one of these securities, especially those with a score or 4, you are literally risking your own ass.

but do what you want with your money, right? the exchange have "NO SAY" fucking KEK

>> No.15767215

I want to know how they can list a coin that they feel its an 80% chance its a security

>> No.15767220

>>15767129

nobody is arguing to the contrary. exchanges have to evaluate this sort of stuff though independently to stay on the right side of regulatory compliance. pretty basic contingency planning

>> No.15767231

>>15767131
the mental gymastics of this post is so fucking retarded, investing because dude LMAO PROPAGANDA!

an xrp shill larping as "one of us" fucking KEK, you don't realize that no one gives a shit about XRP here, jew tactics don't work with us

>> No.15767550

bump for knowledge

>> No.15767575

>>15767207

So coinbase has an army of lawyers to determine if xrp is a security and they have determined it’s highly likely it is, but they still listed it and are actively allowing it to be traded? So what’s the point of the lawyers if they’re just gonna list it anyways?

>> No.15767600

>>15766786

>delists your token

>> No.15767702

XRP is almost at least a thousand times cheaper so..

Wait and see

>> No.15767714

>>15766764
The scale should just be 1 to XRP

>> No.15767794

>>15767575
if you notice, coinbase isn't one of the exchanges part of the council

>> No.15767811

>>15767794
no fuck me coinbase is one of em with kraken, i know it's weird, but xrp has been around for a long time, them delisting it is a possibility

>> No.15767925

>>15766800
It doesn't affect them negatively if they accuse it of being a security when it isn't and they would only be fucked if it was the other way around. They're too far along now for them not to have seriously contemplated the security issue already. I'm sure we'll hear something definitive from regulators within the next three months though.

>> No.15768284

>>15767925
they listed xrp quite a long time ago.
there is a possibility of them delisting it

>> No.15768349

>>15768284
I doubt it. Big exchanges are going to be part of xRapid's liquidity which is why they have a billion each from Ripple.

>> No.15768383

>>15768349
even though they think its a security?

>> No.15768439

>>15768383
It's like how all the rich people, banks, and financial institutions have been talking shit about crypto in general while they work behind the scenes to set up their own crypto financial products.

>> No.15768450

Why did the FCA rule XRP is not a security if it is a security?

/thread

>> No.15768493

If you hold anything above a 2 and anything that isn't chainlink you're not going to make it

>> No.15768509

you gotta pay to play...just look at BNB which is clearly a security and is listed on Binance US

>> No.15768701

>>15768509
>>15768439
i think this guy is right, exchanges are just playign with fire.
they will end up getting burned, but they would have made more money by that time

>> No.15768725

It's not going to happen. The US government wants one of their coins to subvert Bitcoin. This is why the government funded Ethereum through MIT. Ripple is a US company, they won't go against them for a number of reasons.

If XRP is a security that would make bag holders shareholders of Ripple. There's no way Garlichouse will allow that. He'll probably offshore Ripple and the US won't get anymore tax, backdoor access or any possible future leverage over them. I doubt Ripple will go the IPO route.

XRP being a security might actually be the best thing to happen to bag holders. They own shares in Ripple. Suddenly their centralized shitcoin might act have tangible value and speculation will drive the price higher after the initial panic dump. It won't be allowed on US exchanges but will be allowed on stock exchanges where more people have access to it as a share in Ripple.

Ripple and XRP are more useful to the US government as a competitor to Bitcoin than another share on the stock market. This is why the SEC willfully ignores it, same reason they ignore Ether and Ethereum.

This system rating is just to show the SEC they are doing their due dilligence so they have plausible deniability in listing questionable tokens. Ultimately only the SEC decides what is or isn't a security. They will continue to drag their feet on the matter. This is because the US government hates Bitcoin and does not want to encourage people to ditch their dollars for it. For that, they need to be purposefully ambiguous to keep both speculators and token sellers in the dark.

>> No.15768798
File: 41 KB, 667x487, 1560146030161.jpg [View same] [iqdb] [saucenao] [google]
15768798

>>15768509

BNB is clear 5 by all metrics thats why is not listed (they dont list score 5), but based cz took gamble and slaped it on binance us anyway.

Also this is just exchandges covering they asses

Also how is EOS not 5 fucking Dan did "how to make money during 1 year long ico" in telegram for 360 days

Also DAI 1 but MKR 4.5 who give shit if DAI is fine if it cant work without MKR

Crypto is so crynge lol

>> No.15769264

>>15768725

This anon understands crypto markets.

>> No.15769689

>>15768725
>goberment GUUUD
>shareholder of ripple GUUUDD
>riple is the good jew coin goberments!
>jews hab moniz so GUUUDD
holy shit never seen so much cope in 1 post, you failed at crypto

>> No.15769775

>>15769689
As long as government get their tax cut from Ripple they don't care. If XRP becomes a security Ripple won't be able to dump on retailers and pay tax like they used to. Making XRP a security is like killing the golden goose.