Re: You all were right. I was wrong!

Quote from: ReiMomo on January 03, 2021, 09:11:33 AM

Quote from: exstasie on January 03, 2021, 08:41:56 AM

~snip~
I'm sure getting de-listed from most major exchanges will help with that. Tongue

AFAIK, Bittrex and Binance want to delist this XRP this mid of the month of January and I guess that will have an impact on the bitcoin price since many of those bag holders of XRP will jump up into bitcoin.`

Since XRP was regulated by SEC and this becomes a centralized coin, I transferred already my fund to bitcoin and ethereum because I know holding an XRP is not safe at all. It is a wrong move if you had more than a percentage of XRP than BTC upon holding. For sure there are a lot of XRP holders who are now transferred to bitcoin, if OP did that, that is a good decision.

We need to be very careful, to me this is the beginning of an orchestrated campaign by the SEC to try to control this market, and they will use any excuse to destroy many coins in the process to try to bring uncertainty to the market, they began with XRP because it was an easy target and even if for now they have said ETH is safe I do not believe that for a second, if they can somehow get to ETH as well there will be panic in the market as there are thousands of coins that run above it including many stable coins, but fortunately for us bitcoin holders that is not a problem at all and as long as you keep most of your investment in bitcoin even the SEC cannot do much against you at the moment.