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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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55278885 No.55278885 [Reply] [Original]

Previous: >>55266745

Buy XRP on Uphold/CoinMetro/Bitrue/Kucoin[NY]
[for Bitrue send USDT or XLM and use XLM/XRP]
or on the XRP Ledger https://xrptoolkit.com/trade
or on XUMM app (with USD IOUs from Bitstamp)

>Why hold XRP?
https://youtu.be/5urrOWO0KDI
>Newfag Tutorial:
https://youtu.be/23Yn5GdYpJc
>SEC Lawsuit Latest:
https://twitter.com/attorneyjeremy1

>XRPL Guide:
http://xrpl.guide
>XRPL Explorer:
https://bithomp.com
>XRPL Richlist:
https://rich-list.info

>Twitter:
https://twitter.com/JoelKatz
https://twitter.com/bgarlinghouse
https://twitter.com/Ripple
https://twitter.com/PolySignInc
https://twitter.com/WietseWind

>The Myth of Market Cap:
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2
>XRP FUD BINGO:
https://fudbingo.com
>ANTI-FUD:
https://pastebin.com/ZESsmqB8

>Past /XSG/ Threads:
https://pastebin.com/pZdQbREq
https://pastebin.com/1wC2gBpW

>Schizo Rambling
https://pastebin.com/C8xS6UV8

>What wallet do I use?
Hot storage - XUMM, Exodus or TrustWallet
Cold storage - Paper/Metal or Ledger/D’CENT
Paper Wallet - https://pastebin.com/zFL8nJXd
DO NOT use Droplet wallet, it's a scam and will steal your XRP!

>Theme:
https://youtu.be/Hqut5S-FlLE

>> No.55278904

>>55278885
i will have more money than i know what to do with

>> No.55278915
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55278915

feel free to join my shitcord sers. just a small comfy server with a few schizos.
>N7MtVWQN

>> No.55278920

>>55278904
build a fully autonomous doomsday bunker

>> No.55278951

>>55278915
Use OpenChat retard.

>> No.55279044

>>55278920
and then what? be some Jarl of a post-apocalyptic shithole? sounds like hell... rather just enjoy the things I've yearned for and go out with the rest of you guys..

>> No.55279076
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55279076

>>55278915
shut the fuck up

>> No.55279077

>>55279044
then u live and we can have pillow fights in the bunker

>> No.55279098

I've you are low entry wage cuck poor fag or a neet talking about big ideas and making it is embarrassing, don't fall into that trap

>> No.55279104

Some news for my Ausbros
https://twitter.com/ripplexdev/status/1668425454741585920?s=46&t=tyhM2-RkRyh1sTqgkmYbrA
There is also this: >>55277816
Wonder what our country has planned

>> No.55279121

We logged on and won forever. Holy shit just like that we logged on and won forever.

>> No.55279148

>>55279098
jew

>> No.55279153

>>55279104
Those covid camps will become mandatory and you can only spend kangabux CBDCs inside the perimeter wire.

>> No.55279201

Emails. Where are the emails? Clearly there is juicy stuff in them since we are up 7% already on the day.

>> No.55279235

>>55279201
they were posted in the previous thread yesterday

>> No.55279275

soon
https://twitter.com/CryptoLawUS/status/1668597528181235714

>> No.55279287

new update:

https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.827.0.pdf

i have no clue what it means

>> No.55279304

derp, everything is pumping
CPI dating just came out at 4% vs the expected of 4.1%. Guess that 0.1% made a difference. Now the FOMC will decide is more rate raises are necessary; could shock the the market.

>> No.55279306

>>55278885

>we won
Your shitcoin is barely above 2k sats baggies.

>> No.55279363
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55279363

>>55279306
goodmorning sirs

>> No.55279366
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55279366

>The Hinman emails have already been out for 2 hours yet not a single person on XSG has been able to find them yet

>> No.55279368
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55279368

wen hinman emails...

>> No.55279390

>>55279366
clearly indicates 99% people in here are shitposters lol. They're all over twitter.

>> No.55279413

>>55279366
They're split up into a bunch of lots, I think.

>> No.55279421

well

back to where we started

kek

>> No.55279424

>>55279366
Checked

https://www.courtlistener.com/docket/19857399/securities-and-exchange-commission-v-ripple-labs-inc/?filed_after=&filed_before=&entry_gte=&entry_lte=&order_by=desc

>> No.55279426

>>55279390
The only take away I can find is that hinman's speech was not his own personal opinions.
That's moderately helpful to the case.
That's it.

>> No.55279440
File: 48 KB, 746x638, Screenshot 2023-06-13 at 14-49-26 XRP-EUR – Preischart Ripple zu Euro — TradingView.png [View same] [iqdb] [saucenao] [google]
55279440

>>55279421
kek, that was fun

>> No.55279448

>>55279440
NONONONO ITS NOT POSSIBLE NONONO

>> No.55279451

>>55279421
It was always going to happen, the only way we moon is when the case is over.

>> No.55279479

XRPbros I dont feel so good

>> No.55279506
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55279506

some twitter faggot pumped and dumped your coin and made millions in 60 minutes lmao

>> No.55279519

https://twitter.com/s_alderoty/status/1668601225418543109

>> No.55279522
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55279522

I'm so despondent about everything. Everything I try goes totally wrong. There's no escape from this hole here. I feel drained. So far, I still haven't found a real purpose in life. Sometimes, I'm afraid to get out of bed in the morning. There's nothing to get up for.

>> No.55279538
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55279538

>>55278885
Based
https://twitter.com/s_alderoty/status/1668601225418543109?s=46&t=swymfMd7dNfsiyk_14Cd3A

>> No.55279543

>>55279519
That's all good, but where is the killshot? What conclusion would you like a judge to draw from all this?
it's a lot of pointless blather.

>> No.55279556

And there is far too much of this ETH and vitalik bullshit.
Judge is not interested in that, this case is about Ripple.

>> No.55279565

>>55279440
Not complaining, made my losses back from XRP3L on Kucoin, at least.

>> No.55279581

>>55279538
the docs are coming in:
https://www.crypto-law.us/the-hinman-speech-documents/

>> No.55279595

>>55279543
>>55279556
Hinman's speech was never guidance despite the SEC insisting it was. Therefore, there is no guidance, the free pass was a myth, nobody could know if XRP was a security. It's relevant to the fair notice defence. It also shows internal SEC issues.

>> No.55279614

>>55279519
thanks anon, today you are not faggot

>> No.55279619

>>55279595
Or it was rogue guidance. Which makes it worse for the SEC.

>> No.55279620

Poison crackers

>> No.55279656

As always, nothing will happen

>> No.55279700

>Now below the pre-pump price

Isn't that quite interesting guys?

>> No.55279875

>>55279700
retards forgot overall market movement. The pump happened when CPI data got released. I swear some of you retards are beyond help. If XRP pumps without BTC pumping then it's somehting.

>> No.55279952
File: 92 KB, 984x538, Screenshot 2023-06-13 at 15-31-44 Live Cryptocurrency Prices Charts & Portfolio Live Coin Watch.png [View same] [iqdb] [saucenao] [google]
55279952

>>55279875
>If XRP pumps without BTC pumping

>> No.55279994

>>55279875
in the end btc made more gains than xrp did lol

>> No.55280007
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55280007

>>55279952
Not my fault XRP has been holding relatively well where a price action is noticeble.

>> No.55280025

>>55279875
it pumped way before btc tho

>> No.55280051

So did the Hinman documents have anything interesting?

>> No.55280077

>>55280051
No. Brad's latest tweet is wittering on about how he shouldn't have been accused of anything, so I think he wanted these public with eyes on them to help himself.
Probably asked the other 'influencers' to hype it up to help him.

>> No.55280082

>>55280025
Nothing will happen until the case has ended, we will just do what we always do, small pump, then dump, then crab.

>> No.55280118

so is the pump dead?

>> No.55280144

>>55280082
sad thing is we dont know when judge beaner is going to make a ruling.

>> No.55280164

My meme price is 400 dollars, how possible is that?

>> No.55280198

>>55280144
If we did it would be Insider trading. Could make a nice profit.
>>55280164
Unsure it's your price.

>> No.55280200
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55280200

>>55280118
we're free falling right now lol

>> No.55280212
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55280212

>wake up
>green candle
>dumps instantly
I knew nothing would happen. Even if th IMF declared XRP as the new world reserve currency nothing would happen.

>> No.55280228

>>55280198
2,000,000 / 5000 = 400

2,000,000 * 0.04 (interest) = 80,000

Set for life.

>> No.55280311
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55280311

just another day on the winning side, right bros?

>> No.55280334

Well?
https://www.youtube.com/watch?v=G4PvTrTp7Tc

>> No.55280360

The Hinman emails were underwhelming IMHO.
I honestly expected some sort of reference to XRP, i.e. "hey Bill this analysis also describes XRP, why not also clear that token?".

Now we see that they probably just didn't want them released because they plan on bringing an action to ETH at some point in the near future, which is now probably in doubt.

>> No.55280375

I'll never understand the obsession with the Hinman emails. Fuck the SEC, that's all that matters.

>> No.55280413

Wow, some insane pump going on, must be all the insiders and institutions buying like mad.

>> No.55280449

>>55280413
>pump
you spelled dump wrong

>> No.55280467

>>55280449
You sarcasm senses are off the charts mate.

Well I guess it is back to your regular two more weeks prgramme, as expected.

>> No.55280502
File: 55 KB, 1028x722, Screenshot 2023-06-13 at 16-13-07 XRP (XRP) live coin price charts markets & liquidity.png [View same] [iqdb] [saucenao] [google]
55280502

>the ultimate kekcoin
The next two weeks are gonna be wild

>> No.55280507

well that was short lived

>> No.55280569

>>55278885
>>55279076
>>55279201
>>55279304
>>55279440
>>55279522
>>55280200
>>55280507
I have told you every single day to get the hell out of XRP.
I told you at 40c
I told you at 30c
I'm telling you again at 50c
What you believe about the future of XRP isn't important at the moment because there's a cost benefit analysis to it.
Think of it this way - if XRP ever moves to where it might be going back to 3$ then you'll see it because you're autistic schizos who spend their entire life looking at the XRP stock price. So there's no FOMO here. That hallowed 2k price that will never happen, you will see it long before any one else so you can just buy back in.
We love to shitpost and schizopost on /biz/ but the SEC stuff isn't a game nor is it some cheap lawsuit. They are going to win and your coins will be worthless.
There's literally no reason at all to stay in XRP. You'll see the price movement before anyone so you won't miss the big gains if they were to come, you are gambling that the SEC case will fall apart which it won't because the vast majority of their evidences comes from Ripple staff themselves bragging in emails, and you are holding a shitcoin that has no intrinsic use case in the next few years because the SEC has bombed its reputation and other alternatives are available. There's no reason for an enterprise company to take the chance on XRP.
Seriously, this is the season of goodwill so I've reverted from the usual shitposting to try and cut through the propaganda and reach those who are still holding out hope of a conspiracy or miracle. It's not real. You are throwing away your money and your families money. Stop being a laughing stock. Get out now and if you see the price revert then you have loads of time to get your "2k EOY" dreams and buy back in. But you never will because this project is dead.

>> No.55280609
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55280609

So...what happens now?

>> No.55280612

>>55280569
You keep tell us to get out as the price rises?
Thanks for your sage advice.

>> No.55280685

>>55280609
Same thing we do every night brain. Wait for the case to end.

>> No.55280798

>>55280467
look at the chart
bots drew a cock
>many such cases

>> No.55280849
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55280849

>xrp hodler
>qfag
>winds of winter fag
>attack on titan aoe coper
Has there ever been a worse combination of copium canisters to suck air from?

>> No.55280915

Dream is over
Back to the wagecages, plebs

>> No.55281035
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55281035

What about the 2 crypto hearings before congress? That was today too…
Bros….

>> No.55281040

It’s here niggers.
https://twitter.com/filanlaw/status/1668633570796277760

>> No.55281055

>>55280569
lol, didn't read, friend

>> No.55281060

>>55278885
Smelly dumb
Btc maxi scum

>> No.55281125
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55281125

>June 13th
>XRP price is still available

>> No.55281154

>>55281040
>https://twitter.com/filanlaw/status/1668633570796277760

The real meat, though

https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.828.0.pdf

>> No.55281250

oh no no no

>> No.55281301

This is just to liquidate longs before moonshot right?

>> No.55281311

What the fuck is happening?

>> No.55281322

kek looks like people are selling the news

>> No.55281339

>>55280569
What a female esque faggot. Imagining coming to these boards to beg people to not buy xrp.

Total complete bareback faggot

>> No.55281349

>>55281311
Another leg down. We are lookin very good still, few weeks to go still

>> No.55281357

>>55281339
It's an old copy paste

>> No.55281413
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55281413

Fuck this bullshit

>> No.55281429
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55281429

>>55281413
aaaaaaaaaaaaaa

>> No.55281530

>>55278885
Cuckoldry coin desu.

>> No.55281535
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55281535

Sorry bros, Im still 30k xrp short, I need lower prices.

>> No.55281585

2 more weeks

>> No.55281716

>>55281357
Yes but the poster has adjusted the price here
>I'm telling you again at 50c
I remember seeing this when it was in the .20s, in the .60s, etc.

>> No.55281787
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55281787

can't believe this utterly fradulent price action

ripple and david need to pay for their manipulations

>> No.55281798

>>55281787
How many times do you need to be told that the price CANNOT AND DOES NOT RELY ON RIPPLE OR ANYTHING THAT THEY DO OR HAPPENS TO THEM?

>> No.55281818

So, all this time these emails were nothingburger. Who would have thought? Kek

>> No.55281820

>>55281787
Then what? Price goes up due to Ripple doing something. That's another check for the Howie test.

>> No.55281885

>>55281716
Nice you have autistic schizo superpowers as well

>> No.55281906

>>55281798
>How many times do you need to be told that the price CANNOT AND DOES NOT RELY ON RIPPLE OR ANYTHING THAT THEY DO OR HAPPENS TO THEM?
Why didn't Garlinghouse, Schwartz, etc. get that memo?

>> No.55281932

>>55279538
How is this supposed to help Ripple?

>> No.55281960

>>55281885
Nah, I've just been here too long. Now the emails are out, would be nice if this finished up any time soon.

>> No.55281961

>>55281906
They did and have systematically been a net negative for XRP since day 1.

Seriously think about it.
Without the actions of Ripple we'd have doubled all time high like everything else last run.
Without Ripple we'd be listed on every exchange.
Ripple is the worst thing that ever happened to XRP and the very existence of Brad and his squad of autistics has kept the price down for nearly a decade now.

>> No.55281973
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55281973

>>55281820
This guy is correct, don't be surprised and wait till the end of the lawsuit.

>> No.55282016

>>55281311
The countdown has begun! 13 days left!

>> No.55282031

>>55281960
Same, also been here to long

>> No.55282047

>>55281973
For sure, once Ripple wins and the bots are turned off XRP won't be following BTC.

>> No.55282061

>>55281787
>Casual Bart formation

Totally organic

>> No.55282092

>>55279595
>>55279619
or it could be the opposite
that the SEC knew and didn't say anything more, and were complicit in his speech

>> No.55282096

>>55280375
This
Fuck the government

>> No.55282116
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55282116

>>55281787
>>55280502
>>55280200
>>55280007
>>55279440
kek schizos fell for the 2 more weeks meme for the nth time, they never learn

>> No.55282131

>>55282092
or something else entirely!

>> No.55282161
File: 290 KB, 469x584, 1646387487668.png [View same] [iqdb] [saucenao] [google]
55282161

Enjoy your time now people's.
Times ahead might be tougher than you think.

>> No.55282162

https://securities.stanford.edu/top-ten.html?filter=longest_lawsuit

Reminder that the longest SEC case lasted for over 15 years.

>> No.55282182

Should've bought a real coin that is needed like chainlink lmao xrpoopheads

>> No.55282194

>>55282182
Check the price.
>muh swift news
It's only a test, just like all the other news. The google 'partnership' was a joke too.

>> No.55282197

>>55281973
>two more weeks
The post

>> No.55282215

>>55282182
I have link just in case I'm wrong about XRP, and a fuck load of want because you're probably wrong.

>> No.55282228

>>55282215
I dont have link yet whats a good price to buy it and how high will it go?

>> No.55282230

>>55282215
QNT

>> No.55282246

>>55280685
Underrated

>> No.55282331
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55282331

I have no friends and no wife. I seem to be going through a major spiritual crisis. I still have the same old problems with my foot, which gives me incessant pain and discomfort. And then there are the rumours, to the effect that I am homosexual. Agitators are trying to break up our movement, and I'm constantly tied up in minor squabbles. It's enough to make you weep!

>> No.55282356

>>55282331
Maybe they aren't rumors?

>> No.55282360
File: 2.93 MB, 600x334, basedboys.gif [View same] [iqdb] [saucenao] [google]
55282360

Imagine putting all this effort into this gay shit & just naming it something simple like "XRP Song" lol

https://www.youtube.com/watch?v=IyXhElc05gk

>> No.55282377

>>55282360
this shit fucking sucks

>> No.55282386

>>55282331
Just suck less cock and people will stop calling you gay.

>> No.55282492

>>55282228
Fuck knows they are worse than us with their prices.

>> No.55282749

>>55282331
why do you entertain these things? Jesus Christ knows who you are faggot.

>> No.55282761

>>55282749
or he might not know you but he would like to

>> No.55282948
File: 1.11 MB, 1196x937, ethgate-hinman.png [View same] [iqdb] [saucenao] [google]
55282948

What does that mean? What's the blathering all about?

>> No.55282949

>>55282331
You're now officially confirmed gay. Only a complete homo would spew this shit on internet coin threads. It's not all bad tho, now you won't have to hide it anymore. It could even be very spiritually liberating for you

>> No.55283001

>>55282948
>a literal who posts to a website

>> No.55283059

>>55281932
ripple thought that by showing eth is not a security, ripple was unfairly targeted as a security, because there was a conflict of interest between hinman and eth.
however, all they ended up showing was that basically everyone in the SEC except hinman, thought eth is a security and ripple probably *was* fairly targeted as a security.
hence XRP's pump and dump today on release.

>> No.55283125

i slept through the pump i couldn't dump reeeee

>> No.55283136

>>55283059
I haven't read the emails other than snippets, only saw some of the eth stuff.
If initial sales were a security while all the secondary ones were not, that should be ok.

>> No.55283185

What is next meme date?

>> No.55283210

>>55283185
6-17

>> No.55283265

>>55281961
>>55281798
Can't have it both ways, retard
SAD!

>> No.55283318
File: 255 KB, 983x841, hinman.page.4.png [View same] [iqdb] [saucenao] [google]
55283318

>>55283136
if they ICO, secondary sales are securities as well.

>> No.55283491

What IS a security, lads?

>> No.55283533

>>55283491
it's not an orange haha

>> No.55283613

>>55283265
Those aren't mutually exclusive.
Also, both posts are satire as this is 4ch RETARD.

>> No.55283619

>>55283318
I understand this concept of something transitioning from a security into a commodity, as in ETH
But why doesn't the SEC file legal proceedings against ETH for the period of time when it was still a security?

>> No.55283622
File: 425 KB, 1008x1748, hinman.page.10.png [View same] [iqdb] [saucenao] [google]
55283622

>>55283533

>> No.55283629

>>55281787
Just Brad with his monthly dump on ze baggies

>> No.55283637

>>55283185
2030

>> No.55283645
File: 141 KB, 800x500, US_lawmakers_file_‘SEC_Stabilization_Act_to_fire_Gary_Gensler.jpg [View same] [iqdb] [saucenao] [google]
55283645

>>55280569
Go home Gary. You should be worried about your job, not posting on Ugandan squirrel drying forum.

>> No.55283704

>>55283318
>in cases where the digital asset or token represents a set of rights that give the holder a financial interest in an enterprise
So, not XRP.

>> No.55283710

>>55283619
eth is, and has always been, an unregistered security.
as to why eth hasn't had heat from the SEC, we can only speculate.
my opinion would be partly because it would fuck up some CFTC cases.
so for now, they're just killing CEX's to protect further investors from undisclosed risk of unregistered securities.
when that's all wrapped up, the SEC will probably sue vitalik.
not as confident though whether they'd sue the ethereum foundation though.
most of the tens of thousands of scam shit coins will probably retire un-prosecuted.

>> No.55283716

>>55283622
yay xrp isn't a security very bullish

>> No.55283724

>>55283704
>>55283716
cope, but expected.

>> No.55283733

>>55283724
Reading comprehension.
It was even underlined in red.

>> No.55283754

>>55283733
check'd.
maybe you should read it again.
read it a couple times.
let it sink in.
then read it again.
do it as long as it takes for you to understand what it means.

>> No.55283765

>>55283491
It's when a company creates an asset(s) that people can get directly or indirectly, thinking that the company who created the asset will make the asset give them money by dividend like qualities and or by a higher price for the asset which they can sell for a profit.

>> No.55283785

What really pisses me off is that XRP isn't even mentioned. it's all this ETH bullshit.
I DON'T OWN ETH YOU DUMB MOTHERFUCKERS
And I give no shits whether it got a 'free pass' or not.
What the hell is wrong with these stupid cunts?

>> No.55283800

>>55283785
Seems ripple think that whataboutism is a legal defence.
Fucking clowns

>> No.55283810

>>55283724
oh you must be a retard i'm sorry i figured out you were a retard by using the word cope, you see you seething faggot, xrp does have utility and doesn't give you financial interest in an enterprise.
must be tough eating your own shit :<

>> No.55283825

VOLUME HAS TRIPPLED YOU RETARDS DO NOT LOOK AT PRICE RIGHT NOW

>> No.55283830

>>55283754
Owning XRP doesn't give any of us a set of rights or a financial interest in an enterprise.
It's a token.

>> No.55283853

what happened to the pump you promised schizos, promise #5,384 goes down in flames just like the rest but rest assured next time it's different $37,000 eoy kek flip the switch kek kekity kek

>> No.55283901

>>55280360
SEC's only legitimate argument in the Ripple case is that XRP is a security because they had an ICO. Showing that ETH got a free pass on their ICO delegitimizes this argument. SEC will either have to drop the last leg they have to stand on or go after ETH to double down on their stance on ICOs.

>> No.55283915

>>55283901
I don't think ripple ever held an ICO for XRP

>> No.55283946

>>55283622
Nothing in the speech or its drafts matters legally, SEC has already testified that Hinman's speech was merely Hinman's personal opinion and not SEC policy. Can't blame you for being confused cuz everyone else in the industry thought that speech was policy too lol. That's the entire problem with it

>> No.55283988

The emails prove that they corrupt, and that dodgy shit happened and they tried to hide it.
We will find out what it means legally soon I guess, when the actual law people discuss it.
Watch a few lawyers from the other side of the argument to get a balanced opinion though.

>> No.55283994

>>55283830
ripple labs is an enterprise, of which you own a financial interest, when you own an XRP token.
I understand you want to disagree that ripple labs isn't an enterprise, but ripple labs maintains the network XRP is relevant to and ripple has marketed/ promoted XRP.
further, you may want to read it again:
>can a digital asset or token that was originally offered in a securities offering ever be sold in a manner that does not constitute a securities offering?
>can a [token] that was offered in [an ICO] EVER be sold [in a secondary market, as a commodity]?
>no.

>> No.55284025

>>55283994
>maintains the network
so if ripple labs dissolved... xrp would be unusable?

>> No.55284031

>>55283994
>ripple labs is an enterprise, of which you own a financial interest, when you own an XRP token.
This is a claim. The SEC makes this claim.
I contend it's incorrect and just like YOUR OPINION MAN.

>> No.55284044

>>55283994
>can a [token] that was offered in [an ICO] EVER be sold [in a secondary market, as a commodity]?
>no.
Did Ripple have an ico.
No.

>> No.55284127

>>55283901
>go after ETH to double down on their stance on ICOs

The emails only showed that SEC should be going after ETH as well, not that Ripple is innocent.

Seems like all crypto aside from BTC are guilty of being securities. Not sure is the emails are even relevant in this trial

>> No.55284305

>>55284044
>Did Ripple have an ico. No.
sperging on me about because ripple technically did not offer an *initial* coin offering.
well, I added the 'I'.
sure, it'd be more correctly annotated as '[a coin offering]' which ripple has done repeatedly, raising billions of dollars.
>can a [token] that was offered in [a coin offering] EVER be sold [in a secondary market, as a commodity]?

>> No.55284359

>>55283994
LOL.

I can sense years of slightly below average academic peformance behind your seething, stubborn suptidity.

XRP existed before Ripple. XRP tokens do not give one any control over ripple or the XRP ledger. Ripple does not "maintain" the XRP network nor does it control the code for it.

>> No.55284363

>>55283994
Can you define "financial interest"?
You're acting like XRPs are like stocks.

>> No.55284369

>>55283946
>merely Hinman's personal opinion
Which the entre agency helped him draft.
Which the entire agency argued should be protected from disclosure since it was internal communications.
Which the entire agency proofread and gave him legal feedback on.
Which the entire agency was "strongly supportive of".
Which is still being hosted on the SEC's website.
Which faGGot referenced in front of Congress...
>Just his opinion right...

>> No.55284386

HURRY UP AND WAIT!
2

>> No.55284387

>>55284305
Eth DID have an ICO. Eth did maintain control over the Ethereum code through the foundation and directed the development of their network after it changed its code entirely in the switch to POS.

Ethereum was touted by disaffected millennials and spazzy zoomers that thought they were sticking it to the banks somehow. In reality they were just the walking dead for JP Morgan and his team of cronies. Very sad. Many such cases.

>> No.55284405

>>55284305
Ripple is a company that happens to use XRP tokens. ETH is the foundation and the tokens, and the network. It's all one house, with a pervert sitting in the middle picking his nose. And weird cheetoh stains on his crotch.

>> No.55284437

HURRY UP AND WAIT!
more

>> No.55284478

>>55284044
>>>can a [token] that was offered in [an ICO] EVER be sold [in a secondary market, as a commodity]?
Did you make this shit up?

>>55283318
>in cases where the digital asset or token represents a set of rights that give the holder a financial interest in an enterprise
This is literally no freely traded token ever, and its not XRP.
>In these cases, calling the transaction an initial coin offering, or "ICO," won't take it out of the purview of the U.S. securities laws.
This in no way says all ICOs make w/e token is used a security, it just means calling it an ICO doesn't make them not securities.

the underlining here is idiotic, read the whole thing:
>Can a digital asset or token that was originally offered in a securities offering ever be sold in a manner that does not constitute a securities offer?
>where there is no central enterprise being invested in and where the digital asset or token is sold only to be used to purchase a good or service available through the network ... in these cases the answer is a qualified "yes"
The XRP token does not represent financial interest in any central enterprise. Even if an ICO happened, the participants could have made an investment in an enterprise, and then received tokens, that doesn't make the tokens themselves securities.

>>55284387
>>55284405
Neither sales of XRP or Ether are securities. Eth had an ICO, so the SEC could try to fine the foundation but it wouldn't affect secondary sales or ongoing usage of ethereum at all.

>> No.55284493

>>55284363
>Can you define "financial interest"?
the speech draft does not have definitions of legalese, probably because it's intended to be a speech, not a legal document.

>> No.55284495

>>55283915
there was a time where you would buy XRP for ether. it was the only way you could acquire XRP. it was an ICO of sorts...

>> No.55284502

HURRY UP AND WAIT!
weeks

>> No.55284522

>>55284493
>>55284478
>>55284493

/facepalm

your existence is so bleak from my point of view.

>> No.55284542

>>55284493
how about his colleagues warning him in the email chain that he was violating ethics and that they needed to leave the language vague because it sounded like he was describing eth? or the part where they asked him to make it less clear so that it would be easier to sue companies later???

fucking idiots. I hope you don't ever buy xrp. I hope you buy lots and lots of eth. I wash my hands of any compulsion to help the ethereum communities. From this day forward I want you to be deceived in every way possible.

>> No.55284623

>>55284405
While Ripple has little control over the XRPL, having only 2 of the 35 validator votes, the ETH foundation unanimously pushed the 2.0 fork. Really makes you think :^)

>> No.55284624

>>55284542
Yes please keep buying jeds billion sized bags he dumped on your head. They definitely want you out of xrp

>> No.55284634

>>55284542
no, I'm with you 100%.
eth is a security, so is xrp.
hell, I mean, at this point pretty much every cryptocurrency is a security.
there are a few exceptions though.

>> No.55284663

>>55283901
you stupid fudding nigger, how the fuck did ripple have an ICO when ripple as a company didn't exist when XRP was programmed? are you that low effort low iq mouth breathing retard? go fuck yourself get vaxxed and depopulate.

>> No.55284670

It is getting clear what the summary judgement is going to be:
> Initial sales of XRP are considered a security offering
> XRP itself is NOT a security
Ripple loses, but XRP wins.

The resulting headlines "Ripple loses to SEC" will trigger a sell-off of XRP right into the hands of banks of institutions who have been waiting for clarity.

>> No.55284684

>>55284670
Based

>> No.55284694

>>55284634
No cryptocurrency is a security. ICOs or offerings can be securities. Certain investment funds can be securities like custodial "earn"-type products or centralized lending services.

>>55284670
Yes, this is what the SEC has generally done, they have lost in court every time they try to say secondary sales are securities, but declare victory because they win on fining some project for an ICO or other offering.

>> No.55284740

This thread is for honoring God and looking towards Christ, not mindless bickering and senseless price discussion.

>> No.55284751

>>55284305
You know Ripple at one point was giving it out for free right?

>> No.55284800

>>55284634
>at this point pretty much every cryptocurrency is a security.
yes and every crypto being resold (like buying ALGO on binance/coinbase) is also a security being resold.

The rest of the market aside from BTC should be sued by the SEC. Ripple if they're lucky will get clarity for their tokens moving forward (but XRP will remain a security).

>> No.55284823

"Waiting as an Art Form." by Richard Venick.
Highly recommended, he even references waiting as a sexual fetish.
He was ahead of the game.

>> No.55284827

>>55284694
>No cryptocurrency is a security.
no, there are currently 68 cryptocurrencies explicitly clarified as securities.
>Certain investment funds can be securities like custodial "earn"-type products or centralized lending services.
that's a great observation, CEX's offering staking is a securities offering.

>> No.55284855

>>55284827
>68 cryptocurrencies explicitly clarified as securities
But there is only 1 (Bitcoin) which doesn't get classified under a security.

For the same reason the other 68 cryptos fall under securities, almost all of the crypto-sphere is also a security.

>> No.55284867

>>55284800
>>55284855
check'd & check'd

>> No.55284873

>>55284800
Nope, because freely traded tokens can't be securities. Securities have to be registered with a centralized entity for AML purposes. Its not the 1800s anymore where you can have paper stock certs that just anonymously traded.

>>55284827
>no, there are currently 68 cryptocurrencies explicitly clarified as securities.
Nope, the SEC has claimed certain sales of tokens as securities, such as ICOs, which they may be right one, and in the coinbase/binance suites they claimed that because exchanges aren't differentiating whether the buyer is buying a non-security for investment purchases, that sale becomes a security, which they are almost certainly wrong on.

>that's a great observation, CEX's offering staking is a securities offering.
Yeah something like allnodes, where they just charge like $5/month or something to run a node for you probably isn't a security. But something like coinbase's staking where they pool users eths, so you don't need 32, and then pay an APY without a fixed service price, that looks more like a security.

>> No.55284886

another memedate another nothing burger

>> No.55284906

>>55282360
cringe

i love it

>> No.55284917

>>55284873
>Securities have to be registered with a centralized entity for AML purposes
Yes but the crypto foundations should have registered their coins, they failed to do so. There should never have existed a market to freely trade securities anonymously.

The past ~15 years of crypto trading has not been legal. SEC clearly wants a situation where every new coin has to register as a security and enforce KYC so they can be traded.

>> No.55284972

>>55282360
I only listen to XRP CHIZ

>> No.55284980

>>55284917
Most of the newer projects actually do legally register their offers. Remember, the offering is a relationship between the project and an ICO contributor, not owners of the tokens. Security ownership has to be controlled, or its an invalid security, you can't use tokens to determine ownership, the tokens are freely traded and can't entitle the owner to any security.

>> No.55284988

if xrp is actually used for cross border transactions what use would the average person holding it have? what the fuck would you and I do with XRP in this situation? why wouldn't they just make a new token that the banks create? I really don't see the banking elite randomly make XRP holders rich. and then some say banks will buy XRP back from us at a set amount??? what if that amount is like 5$? i just feel like we'll get scammed in the end....

>> No.55285038

>>55284827
>explicitly clarified
So no judgements then... Just 'clarification' from the same people wgo can't even answer yes/no questions from Congress on what is a security?

>> No.55285093

>>55284988
>what use would the average person holding it have?
Have you ever travelled before anon? Been on vacation? Gone cross-border shopping?
>People have the same foreign currency needs as domestic. Anything you need to do domestically, someone else may need to do internationally. Think about it.

>> No.55285200

>>55285093
but it's not trying to be a currency, it's trying to be bridge asset

>> No.55285204

>>55285093
not sure if I'm being retarded but you should be able to do that with any cryptocurrency.
>make a fresh wallet
>transfer vacation funds to it
>fly to another country (with nothing)
>recreate your vacation wallet from the seed phrase

>> No.55285291

I don't normally visit xrp generals, but was fun talking to you guys today.
enjoyed the hospitality and it's nice to hear some legal discussions on cryptocurrencies.

>> No.55285316

>>55285200
Yes, it bridges between currencies.
Domestic - bridge - foreign
>>55285204
Have fun paying your $50 gas fee while trying to buy a speedo in Jamaica. Fiat needs a bridge currency. Hence XRP. How are you still in these threads and not understand that painfully simple concept?

>> No.55285330

two more weeks x 2

>> No.55285424

>>55284478
>Did you make this shit up?
No, look at what I was replying too.

>> No.55285481

>>55285424
Yeah oops I meant respond to >>55283994
They completely misquoted that, the answer is actually a "qualified yes."

>> No.55285513

>>55285316
Eth fees are in the cents range for l2s , xrp is a shitcoin with no smart contracts in 2023 while being more centralized than bitcoin lightning. Ripple will lose the case considering how the sec is sueing coinbase and binance

>> No.55285610

>>55285513
Eth and XRP will both be used once the system is up and running. There won't be 1 coin that does everything.

>> No.55285814

>>55285200
The more it fulfills the role of a bridge asset, the more demand there is for it, the higher the price will go since it is a finite, capped supply. The only downside is actually have efficient it is in settle transactions, often taking mere seconds or less, meaning you can complete a lot of currency bridging with a smaller supply than if it took longer to settle.

>> No.55285857
File: 2.13 MB, 4032x3024, liminal space.jpg [View same] [iqdb] [saucenao] [google]
55285857

>>55278885
WAGMI

>> No.55285965
File: 186 KB, 437x434, look at this doo.jpg [View same] [iqdb] [saucenao] [google]
55285965

>tfw beat system shock and nothing to play whilst we wait anymore
Atleast I'll be getting suboxone to get off the kratom, lads.
We will make it, and we'll make it sober
hopefully

>> No.55286166

>>55285610
The difference is eth is already being used and xrp is not being used by any bank in 13 years of existence

https://www.coindesk.com/markets/2023/06/12/bank-of-chinas-boci-issues-tokenized-securities-on-ethereum-in-hong-kong/?outputType=amp

>> No.55286554

>>55285965
Kratom fucked me up real good. I hope you get off it.

>> No.55286584

>>55286554
I need to get back on it to control my raging alcoholism
Dose says 6 pills how much do you guys take? 6 pills makes me feel sleepy and nauseous

>> No.55286644

>>55286584
I took significantly more than that ever day several times a day to be able to work through severe back pain. Do not recommend. It also fucks up your testosterone production and now I'm on Clomiphene (the stuff they give FtM trannies) to get my levels back up.

>> No.55286729

Down we go kek

>> No.55286979

Will XRP really reach 4 digits prices? I'm considering throwing a couple of grand in on this.

>> No.55286984

>>55286979
It's federal level fuckery right now. It could eclipse bitcoin, it could go to zero. Nobody really knows.

>> No.55286994

>>55286984
Addendum: That doesn't mean don't buy it. I have a 25K stack and the Rothschilds themselves own like 12 percent of the total supply. So unless they're trolling, they know something we don't.

>> No.55287016
File: 42 KB, 1280x720, 645376085345.jpg [View same] [iqdb] [saucenao] [google]
55287016

>>55286984
>Nobody really knows.
Speak for yourself, Scotty.

>> No.55287250

>>55286554
You faggots always shitting on kraton, lol. Don't take huges doses and you'll be fine. Take it daily for the past 6 years with no issues

>> No.55287288

>>55287250
I used to sing its praises. Now I give both sides of the argument. I still own literal pounds of the stuff.

>> No.55287372

>>55287250
>take it daily for the past 6 years with no issues
Do addicts really?

>> No.55287397

>>55287372
Kratom is subtle in the problems it presents. It's mildly addictive, but the real problems won't make themselves apparent for several years, by which point it's already too late. It can fuck up your kidneys too. And this is all assuming you're using pure kratom to begin with; the shit comes from southeast Asia where there's no fucking oversight and shipments get sent over full of heavy metal contamination from cheapass processing practices.

Use kratom only if you really need it, and even then sparingly and not long term.

>> No.55287400

>>55286994
>the Rothschilds themselves own like 12 percent of the total supply
Which means the Hinman/Clayton/Gensler corruption saga is a direct threat to their interests and done with blatant disrespect. For such a moneyed and storied House, one really has to wonder if the legends are true...

>> No.55287423

>>55287400
>done with blatant disrespect
lmfao like the Rothschilds don't have controlling amounts of BTC/ETH and puppets in the SEC.

midwit iq

>> No.55287444
File: 389 KB, 1080x988, Screenshot_20230613_191540_Twitter.jpg [View same] [iqdb] [saucenao] [google]
55287444

Big ETH pump incoming bros!

>> No.55287452

>>55287423
Just because someone has a couple girlfriends on the side, doesn't mean you can slap one of them anyway.
>If the insult slides, the legends are fake. Considering they poke royalty like bitches, I imagine they are sensitive to the concept of "ours" vs. 'not ours'.

>> No.55287478

>>55287016
Kek Scotty doesn’t know poster, pre XSG man right here
Does anyone have the copy pasta of the guy crying over buying XRP because someone told him Scotty doesn’t know?

>> No.55287481

>>55287452
>doesn't mean you can slap one
there are no sides, it's all controlled from the top.

There is no ripple side or an SEC side, that's a narrative to make normies buy one as a good guy and one as evil. You see this all the time on the lower IQ XRP-Twitter crowd.

>> No.55287572

>>55287481
>There is no ripple side or an SEC side
Yeah, Ripple totally just spent 100M on legal fees and suffered 15B in value loss, and the SEC just pissed in a Rothschild pot of gold, because they are actually working together behind the scenes.
>Right.

>> No.55287828

>>55287250
>Take it daily for the past 6 years with no issues
Yeah cause you've been taking it daily for 6 years, dipstick
Wait till you don't get your fix

>> No.55287860

>>55287572
>implying wasting millions means it's not planned
If the kikes in charge cared about money more than scheming and manipulating they wouldn't throw away 100s of millions on tranny shit in media and products, bud

>> No.55288177

wtf is kratom ?

>> No.55288193

>>55288177
It's a plant related to coffee from Southeast Asia, but the chemicals in it create an effect more like an opioid than a stimulant. Lots of people use it to get off actual opioids because it kind of tickles those receptors without fully engaging them, making it a good option to cut back with and not go into life-threatening withdrawal if you've been on prescription painkillers for years.

>> No.55288195

>>55288177
The linkin park of opiates

>> No.55288202

>>55288195
I said it first, but you said it better.

>> No.55288227

>>55288193
>>55288195
why not use methadone or whatever?

>> No.55288239

>>55288195
RIP Chester.

>> No.55288249

>>55288227
You can buy kratom in smoke shops.

>> No.55288286

>>55288227
don't have to register in the Rockefeller for-profit medical slavery system as a person with an addiction
methadone is called liquid handcuffs for a reason, and suboxone is even worse. horrible horrible poison engineered to doom users to indefinite, (highly profitable) purgatory enslavement

FUCK SCOTT GOTTLIEB

>> No.55288303

>>55287444
checked
maybe something will finally Happen this time

btw did anyone see Kenya's president and Egypt announcing they are dumping the dollar?

>> No.55288361

Give me the damage report guys

What do we do now

>> No.55288424

>>55288361
We wait two more weeks

>> No.55288430

>>55288424
Its so unfair. My real life was supposed to start yesterday

>> No.55288440

>>55288430
It's just 14 more days

>> No.55288445

>>55288430
https://www.youtube.com/watch?v=3shMD13Y2uU

>> No.55288461

>>55288286
>>55288249
ah gotcha

>> No.55288471

>>55288440
I DONT WANT TO WAIT ANY LONGER

>> No.55288483

And this is why we don't believe in meme dates kids. Just sit back and enjoy your life, it happens when it does.

>> No.55288486

>>55288483
>Just sit back and enjoy your life

WITH WHAT FUCKING MONEY

>> No.55288508

>>55288483
I'm all in on XRP and IQD. My entire life is memedates.

>> No.55288527

>>55288486
Do you get money for believing in meme dates?

>> No.55288536

>>55288527
Yesterday was the moment the switch was gonna be flipped

>> No.55288570

what's the next demoralization date?

>> No.55288595

>>55288570
28th of June

>> No.55288629
File: 73 KB, 574x750, frogcute.png [View same] [iqdb] [saucenao] [google]
55288629

Anyone here wanna rub my belly?

>> No.55288650
File: 2.75 MB, 640x360, 1684855727414748.webm [View same] [iqdb] [saucenao] [google]
55288650

>>55288629
I'd rub your feet if you were a cute chocolate girl.

>> No.55288663

>>55288286
>and suboxone is even worse
But what if you're not a complete junkie and are fine taking it for 4 days to get off Kratom and then be done with it forever?
That's my plan, boyz

>> No.55288671

>>55288650
she isnt chocolate

>> No.55288681

>>55288671
yes i agree i doubt she is made of chocalate, she would be melting in that tropical climate

>> No.55288694

>>55288681
she is tinted at most

>> No.55288718

why did everything dump after our pump? everyone caught up with the emails hype? SEC bad, crypto in danger?

ps: wagmi

>> No.55288732
File: 1.04 MB, 720x1080, CHOCO BOOBA.webm [View same] [iqdb] [saucenao] [google]
55288732

>>55288671
>>55288681
>>55288694

>> No.55288736

>>55288732
Now thats one who will definately leave some stains on your white sheets

>> No.55288822

>>55288471

I don't want to wait for our lives to be over
I want to know right now what will it be
I don't want to wait for our lives to be over
Will it be yes or will it be sorry?

>> No.55288837

>>55288570
July 18th.
Which will be 9 weeks after Judge Torres ordered the release of the Hinman emails.
Jeremy Hogan noticed a pattern of her spending exactly 9 weeks between each major ruling.
Who knows if the pattern will hold true.
But it's all we have now.

>> No.55288939

>>55288837
I'm not sold on that at all, because I don't think the whims and personal patterns of Torres are really deciding this case, but much larger interests that will announce their selected ruling at only the appointed time

>> No.55288992

>>55283059
But one of the absolute key points to being a security is making people believe you (the devs) will pump the coin/token.

>> No.55289153

>>55288650
Those swimsuits of today are ridiculous, straight up stripclub at the beach

>> No.55289406

the countdown to two more weeks finally starts today!
in just two more weeks the two more weeks will finally start!
2x2 more weeks and then just two more weeks!
hurry up and wait!

>> No.55289493
File: 376 KB, 400x573, 1672266115006436.png [View same] [iqdb] [saucenao] [google]
55289493

come to the next thread:

>>55289490

>> No.55290034

>>55283059
>ripple thought that by showing eth is not a security, ripple was unfairly targeted as a security,
Then they are idiots. That's weak as shit.
Whataboutism has never worked in the courts. It doesn't even work in the classroom.

>> No.55292144

test

>> No.55292285

pump it

>> No.55293467
File: 122 KB, 1039x732, Post Sale Contract.jpg [View same] [iqdb] [saucenao] [google]
55293467

>>55288992
People often focus 100% on "expectation of profit" and ignore the other requirements of being a security.

https://twitter.com/attorneyjeremy1/status/1668687659051409408?s=20

Ripple's main defense is attacking the Blue Skies portion of the Howey Test.
Which refers to there being an investment contract between the buyer and seller.
An investment contract that stipulates specific work that the seller is contractually obligated to perform, after the sale is complete.
There is no investment contract between Ripple and any of the people that bought xrp.
Not only is there no investment contract,
There is no contract period.

Binance is using the same legal defense as Ripple against the SEC.
More people are noticing this gaping hole in the SEC's attack strategy.
This lack of an investment contract is why the sales of XRP are not securities.