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/biz/ - Business & Finance

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55547697 No.55547697 [Reply] [Original]

What most of you don’t understand about today’s ruling is that institutional investors must purchase XRP on the open market now. Direct sales of XRP from Ripple to Institutions is now officially considered a sale of an unregistered security. Institutions are about to pump this thing into the stratosphere. Do you really think every major US exchange was able to relist this quickly today without advance notice? Feels good man

>> No.55547927

>>55547697
I have no clue anymore.

>> No.55547953

>>55547697
Why wouldn't muh institution flood into XLM?
>Better market upside
>Smart contracts (Soroban)

>> No.55548002

>Institutions are about to pump
in reality this gives ripple the green light to continue dumping billions of dollars worth of their only successful product and only funding source for their entire company.

this is bullish if you're ripple, not if you're going to hold xrp through this move.

>> No.55548010

>>55547953
stellar was always a failed product, now with even less reason to exist.

>> No.55548042

>>55547953
>XRP got clarity
>Why wont they flood into another shitcoin instead?

are you braindead? Honest question

>> No.55548048

>>55548002
cope harder, $589 eom, $2k eoy.

>> No.55548106

>>55548048
how underwater are you? you sound the same as the cringe flippening ethmaxis

>> No.55548127

>>55547697
>institutional investors must purchase XRP on the open market now
so what happens when xrp doesn't pump? what will be the next cope?

>> No.55548241

>>55548127
people forget before the sec even made any noise xrp already failed to get any traction.

>> No.55548264

>>55548241
>people forget before xrp had any clarity it already failed to get any traction.
Dont make me tap the sign:
>>55548042

>> No.55548326

>>55548241
Copium: the post

>> No.55548362

>>55548326
Cope

>> No.55548452

>>55548326
>litterly the only coin that has clarity and is a save haven now
yeah why would people want clarity on anything just gamble

>> No.55548496
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55548496

>>55547953
>smart contracts
sorry I only do dumb contracts, my brain has enough to do following SORA's updates, now it turns out I need to know greek mythology to know what the fuck I'm doing

>> No.55549098

>>55548326
good thing the price chart exists to remind you why you shouldn't pretend to be an investor

>> No.55549384

Any more money poured into this and your getting peak bullrun prices. Yes xrp had 100 bil mcap in 2018 bullrun but who knows if that would of been passed in 2021. Ltc had the same mcap in 2018 it did in 2021 this coin is weird

>> No.55549832

>>55549384
xrp topped in 2018 against every metric, its never seeing those levels again especially now ripple has the green light to dump everything to retail and move on

>> No.55550302
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55550302

>>55548241
It was #2, behind Bitcoin before the Kikes decided to sue them to prop up their crap Etherium Racket. You are a dim bulb or paid shill and should have been discarded at birth by your Elders.

>> No.55550327

>>55548496
>sorry I only do dumb contracts
Hahahahahha underrated as fuck. Comfy laughing out load, no cap.

>> No.55550339

>>55547697
kys nigger, go shill your heavy bags in your containment thread

>> No.55550360

>>55550302
you think marketcap means anything? xrp has had a fraudulent marketcap since day one, it was one of the reasons why coin marketcap had to change the way it was calculated.

the truth is if it wasn't for its obviously inflated mc it wouldn't ever be talked about, because it's entirely irrelevant. literally nobody uses it. it's cardano.

>> No.55550446

>>55547697
Yep.
FedNow goes live in less than a week now.
FedNow uses Volante.
The central banks of Singapore, Switzerland Britain and France are soon to follow.
Montenegro already building a CBDC on XRPL as are Scotland.
Swift is going the way of the dodo
XRP must be purchased from the open market as you said.
Ripple can no longer sell from the Escrow without it being a sale of securities so the court will most likely order them to burn it.
Either way the XRP in circulation right now is all their will ever be.
Institutions and banks must buy from the open market including Volante.
The supply of XRP is going t begin dwindling after FedNow launches.
The XRP they buy will NEVER enter an exchange again once purchased.
The meme numbers weren't memes XRP will be worth thousands as the supply dwindles down to the millions and then thousands.
All we have to do is wait now.

>> No.55550615

>>55548241

Which coin has had "traction"?

>> No.55552304
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55552304

>>55547697
I don't give a fuck about any explanation Oldfag. I've made over 60% in the last 24hrs with the signal from AI-powered analytics on tokenmetrics and I'm off for the next profit. I ain't got no fuckin time to hold some shit for long except BTC.