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Ripple XRP: Was Ripple Dumping XRP Nefariously Or Were They Trying To Build Liquidity Legitimately?

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10 Comments

  1. Lawsuit settlement: DISGORGE $3.8 B in XRP to holders as of december 12 snapshot. SEC declare XRP a currency and ripple transfers some or all of XRP to FED for use as national digital currency.

  2. I hated to do it but I don't see this sorting itself out for at least a month so I sold all xrp i bought over 30c(some at 64c!). I have a big capital gain tax coming so set my loss against that and will buy similar bag back in 30 days for the same cash I realized by selling the losing bag. Provided nothing happens in the next 30 days and it rockets ! I still believe but must play the game of "tax laws" to my advantage. 🤞

  3. the IMF should buy (or donate) XRP from escrow and distribute it to payment providers and banks who can use it for utitily / settlement / cross border payments. The IMF and BIS should be the buyers. It's that simple…

  4. Question: If we own e.g. 100 XRP coins and the SEC declares XRP a security, do we now own 100 shares in Ripple the company. Also, will the rest of the world perform cross border payments/settlements in shares of Ripple the company?

  5. XRP has already passed the HOWEY test and is not a security but a currency. As for what to do with the escrowed XRP, give it to the IMF as the new SDR if agreed to by the IMF and let the SEC hang itself. Personally I doubt the SEC is that ignorant but I could be wrong as it is just a bunch of bureaucrats and lawyers living in a world that has no bases in reality.

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