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25038609 No.25038609 [Reply] [Original]

Lol at Cripple fags but honestly if they lose this pretty much every other non-mined coin is fucked. nut lol at cripple fags.

>> No.25038626

Is Garlinghouse a kike? He's balding from his kippah spot.

>> No.25038625

Its very very real

https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800

https://fortune.com/2020/12/21/ripple-to-be-sued-by-sec-cryptocurrency-xrp/

>> No.25038650

>>25038609
You're not going to provoke a response from Cripples, they're just coping in their threads

>> No.25038681

>>25038626

you know thats a good question. I always postulated the yarmulke was a clever shtick to hide ones bald spot.

>> No.25038734

I wonder why this hasn't affected the price yet?

>> No.25038808

>>25038609
>Parting shot at the centralized, censorable trash cryptocurrency known as XRP
Laffed. Hard.
There is the
>crypto industry (btc, etc)
>xrp, jp morgan coin trash, etc.

>> No.25038826

>>25038734
It's priced in.

>> No.25038845

is this bullish for xlm?

>> No.25038856

Uni is next

>> No.25038895

>>25038734
Correction....
negative 14%
The killshot:
>In recent years, the SEC has ruled that the two most valuable cryptocurrencies—Bitcoin and Ethereum—are not securities, partly on the grounds they are decentralized with no person or company in control of them.

>> No.25038908

Where are XRP investors most likely gonna stick their cash? XLM, ETH, BTC?

Seems like an opportunity

>> No.25038910

>>25038609
What are they implying with "parting shot"? Like the SEC is parting from crypto? Explain. Also, already dumped my xrp bags

>> No.25038933

>>25038908
I just dumped mine into BTC. I would have gone xlm, but I'm not touching it as it's linked to xrp

>> No.25038958

>>25038908
Dumped mine into eth, btc, usd for the dip.

>> No.25038965
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25038965

>>25038609
>held a 0.25c stablecoin for 3 years until it mooned straight into a lawsuit
xrpcucks are going to be a mythological figure in this board’s history holy SHIT

>> No.25038994

>>25038910
They are implying a new administration with new players. Not mnuchin and company.

>> No.25038995

>>25038910
>The suit, which hasn’t yet been filed, would be one of the highest-profile SEC actions against a cryptocurrency pioneer, just as the regulator’s chairman is departing at the end of the Trump administration.
it was a dis to Jay shayman, who will probably be out of a job soon.

>> No.25039029

>>25038609
fuck this shit i put a short on XRP why is it fucking going up ? I am going to get liquidated shorting this news fuck this bogged manipulated crypto space

>> No.25039031

>>25038995
*clayton

>> No.25039034

Ripplets blown into another dimension. The wave of cope is reverberating through the edge of space

>> No.25039038
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25039038

>>25039029
because america always wins

>> No.25039050

>>25039038
america doesnt win and the sec is america and the DS.

>> No.25039056

>>25038933
how is xlm linked to xrp, wasn't it created because the dude didn't like xrp business practices?

>> No.25039146

>>25038994
>>25038995
So is this lawsuit bullshit? Or is it significant? Who decides if xrp is a security or a crypto?

>> No.25039165

>>25039056
Jeb mccaleb was fired from ripple over unethical business practices, I've never heard more details.

>> No.25039185

>>25039056
Their prices are directly tied to each other. No matter what happens they are mirrors of each other. Look at xlm right now, it took a shit the exact minute xrp did

>> No.25039252

>>25039146
hasnt been filed yet. But take a look at the board of ripple and the super kikes on it. as much as I like trump and hate kikes, I do not underestimate their power and have held a large amount of xrp (along with all your other favorites) since it was half a penny.

>> No.25039381
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25039381

>>25039038
>mfw the pr dept releases a literal seething reddit manifesto about orange man bad and why that means all maxis are chinks
I 100% believe in astrology now
this night is miraculous

>> No.25039387

>>25039146
It's very significant. Case law will be created and precedents will be set.
>Who decides if xrp is a security or a crypto?
The SEC:
>In recent years, the SEC has ruled that the two most valuable cryptocurrencies—Bitcoin and Ethereum—are not securities, partly on the grounds they are decentralized with no person or company in control of them.

>XRP is different from Bitcoin and Ethereum in that the latter two currencies are minted in a gradual, ongoing process called mining. By contrast, Larsen and others created 100 billion units of XRP in one fell swoop in 2012 for a company called Ripple Labs. While Ripple continues to own the lion’s share of XRP, the bulk of its treasury is held in reserve, to be sold in scheduled allotments. Garlinghouse and Larsen also each own a significant amount of XRP. This arrangement has led some observers to view XRP as more akin to a company’s stock than a currency.

>> No.25039414

>>25039381

lol

>> No.25039431

>>25039387

actually the courts will decide. that's why the SEC is suing them and not just telling them. Ripple will win btw. But XRP price will be in shitter until that happens which is many years away now.

>> No.25039433

>>25039387
Wouldn't this be a pretty good indicator that xrp will be determined to be a security?

>> No.25039539

>>25039433
Possible, but too many variables to call.
Lawyer skills/credentials/relationships/etc. on both sides, the judge, the offensive/defensive strategy in court, the administrative settlement conditions, etc.
Regardless of the outcome, it's not good for XRP.

>> No.25039561

>>25039431
>Ripple will win btw.
Don't bet on it.

>> No.25040584

https://mobile.twitter.com/yoshitaka_kitao/status/1341217896274378754?s=21

>> No.25040690

>>25038895
very generous of the SEC considering Ethereum had an ICO

>> No.25040718

So what does this mean for XLM?

>> No.25041080

So, the projects who raised capital are pretty much all going to get fucked 1 by 1?

The only way to avoid this is if the tokens came out into circulation through mining/farming etc?

So technically this is super bullish for btc/eth cos all the shitcoin holders holding those will put it in those 2?

>> No.25041107

>>25041080
Already did

>> No.25041211

Japan has already declared XRP to not be a security. This thread is not going to age well.

>> No.25041253

>>25041211
Japanese don't fuck. There country will be vacant in 5 years.

>> No.25042467

>>25039381
when's the next astrological event? I pulled $50k from my 401k to put in btc, I believe the bottom is supposed to coincide with the shooting star on Christmas right?

>> No.25043396

>>25039038
>"this is an attack on the entire crypto industry"
speaking as if XRP is healthy for the cryptocurrency industry
fuck these centralized entities and their premined shitcoins
hope they get fucked in every orifice they have

>> No.25043809

my only wish is that it would go down more so i can increase my stack