Quote from: Gozie51 on January 26, 2021, 09:48:16 PM

Ripple in a long time may prove strong by coming back but at the meantime with the law suit still hanging on their neck, I don't see a magic happening and the issue is made difficult because of the sale of the coins of the cofound. Many whales will also follow up by selling their coins. This can cause panic selling and the price may drop more

I hate to see that really. I have been a long time user of Ripple and they have one of the fastest transactions compared to almost any altcoin. As a trader I do not understand why there is so much panic among people just because SEC finds a reason to toast them. I mean Ripple is running for years and still the coin itself has no problems apart from the outside pressure.

Quote from: Twinkledoe on January 26, 2021, 10:25:42 PM

I think they will survive, but they will pay hefty amount to get back in the game. If they violated big time, then, it is time to pay what is owed to the government. But I don't think XRP team will let this platform dies, as there are so many stakeholders or partnerships already. I hope they will rectify this very soon.

Don't think there is a way back even after paying money because what they have lost is reputation and their image among investors which is not recoverable and I am not sure why they are being looked down but the truth is, they indeed are being looked down by everyone. Not going to buy any Ripple but what coins I hold I am not going to panic sell them either because I do not hold too many.