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And it is precisely because of this that the situation of ripple is so desperate, in the case of bitcoin those that have believed in it for years have obtained massive profits and have been rewarded for their confidence on the project, but what about ripple? The opposite has happened, those that kept holding their coins hoping for a recovery have in the best case scenario just wasted their time but most likely they have lost so much money that it is becoming impossible for those people to keep holding their coins despite their loyalty to ripple.
People who were holding Ripple from the start had a massive profit and if not for the SEC lawsuit we might have seen the price pushing towards a dollar which was an impossible valuation to think when it started and even with all these negative news surrounding i am surprised that people are still investing in it as we are seeing some days where the price is moving up.