Quote from: FanEagle on February 11, 2021, 05:26:25 PM

Quote from: Maz7 on February 10, 2021, 11:37:46 PM

My question for everyone is if they do win their suit, does the coin soar? I do believe there are technological advantages provided by XRP with the transfer of assets and the ability to partner with banks.

Ideally, I'd just like additional information of what this could potentially mean in either facet.

I guess the fact is that they are centralized and they are managed by a company tells you that XRP is not really a good coin anyway, so you should probably stay away from it no matter what and this whole situation shows you why you should not buy it, and if this is not a warning for you and you are still interested in XRP I can't help you anymore and just tell you to not be sad when you lose your money because you wanted it.

But if you must insist, I guess if Ripple somehow manages to win the lawsuit that would mean they are free and they would of course be out of the woods, which would of course have a huge spike on XRP price in a short term. However considering that there are 4 ways it could lose in the long term versus 1 way it could make a profit in a very short term, it doesn't make any sense to just hope for that 1 and be present and sell at the exact time.

You're not wrong at all. The pro's/cons are pretty eye opening.
I'm not expecting this thing to go to $10+ . If it pops, a couple bucks, I'd look to sell.