NGUYEN KHAC THANH
Chill mot chut, mong moi nguoi chieu co
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check that BTC, my friend
$XRP long 2.44 will it die or not
the short does not sweep away the one
Quoted content has been removed
history may repeat itself, this token is quite sensitive to news
$XRP how many times have you cursed me and hugged the trash coin hoping to still breathe steadily, to experience the brutality of the market, preparing for it to release more supply then the price drops to the bottom, halving or reducing by a third. Then, just before the day it releases another 1 billion tokens into the supply, the price drops to 1.0, after January 20 there will be good news, it should rise to 1.5, by then just cry and cut losses okay.
$XRP
It needs a catalyst to increase in value, specifically an ETF fund.
However, in the short term, it may stabilizes at the current price or adjusts to around 1.6-1.7, depending on selling pressure.
Of course, this is just my personal opinion.
It needs a catalyst to increase in value, specifically an ETF fund.
However, in the short term, it may stabilizes at the current price or adjusts to around 1.6-1.7, depending on selling pressure.
Of course, this is just my personal opinion.
should escape to make a profit, waiting for 1.6-2 to go in is ok
$XRP why after the official announcement of RLUSD it is still stuck
$XRP adding at this moment could be a perfect scam :))), returning to 0.6 is also a bit stressful.
Who published Xempire? I heard it trolls many Vietnamese people!
Does anyone see that airdrops are gradually going against their original purpose? In the past, airdrops were an act of gratitude to their investors. Now, most of them are scams or losing their fairness as celebrities take all the advantage.
That's great $XRP
XRP Lawsuit News : Petition to Stop SEC Appeal Nears 5,000 Signatures
The post XRP Lawsuit News : Petition to Stop SEC Appeal Nears 5,000 Signatures appeared first on Coinpedia Fintech News
The rising tensions amidst the legal conflict between Ripple and the U.S. Securities and Exchange Commission (SEC), has led to XRP holders running a petition on social media platforms like X. The petition carrying the tag “Stop the SEC’s Unnecessary and Frivolous Appeal in the Ripple v. SEC Case” has received nearly 5000 signatures.
BREAKING: Petition For The #XRP Holders!Stop the SEC's Unnecessary and Frivolous Appeal in the Ripple v. SEC CaseSign here: https://t.co/Xam5ZJpCvJHit the like and repost buttons if you want to stop the SEC! pic.twitter.com/tKOVLlo3F8
— JackTheRippler © (@RippleXrpie) October 5, 2024
Successively, the XRP holders are also factoring in the possibilities of them suing the SEC. Attorney Fred Rispoli, in the latest podcast with Thinking Crypto, explored the outcome of the petition and whether individual investors could file a lawsuit against the SEC.
Can a Petition Against the SEC Succeed?
In his podcast, Rispoli, replied ‘yes’, when asked if a petition against SEC succeed. But also noted that it’s just hard to win and he thinks there is a chance. He noted that John Deaton had 75,000 people that have signed up, he could choose to file a case against the SEC but it’s difficult as they have to prove that they went outside the bounds of what their government jobs were.
“And there are certainly some arguments to make that happen, especially as the revolving door has become a little more grotesque and easily, more easily able to be discovered through civil discovery, for example. But that happened in the Madoff case, where everybody that got screwed by Madoff sued the SEC and they lost on the grounds that the SEC was immune and the opinion was scathing. The second circuit said the SEC was incompetent, imbecilic, and derelict in their duties, but they were just bad at their jobs. They didn’t go outside of the range where they could be liable, civilly liable for that.”
He noted that the case was then closed. So there is a chance, but it’s a difficult one, although he wouldn’t want anybody else leading that charge other than Mister Deaton himself. He remarked that there are a lot of things that would help out if he were able to help as a senator. Not just the case specifically, but to root out corruption and add transparency in the SEC.
The rising tensions amidst the legal conflict between Ripple and the U.S. Securities and Exchange Commission (SEC), has led to XRP holders running a petition on social media platforms like X. The petition carrying the tag “Stop the SEC’s Unnecessary and Frivolous Appeal in the Ripple v. SEC Case” has received nearly 5000 signatures.
BREAKING: Petition For The #XRP Holders!Stop the SEC's Unnecessary and Frivolous Appeal in the Ripple v. SEC CaseSign here: https://t.co/Xam5ZJpCvJHit the like and repost buttons if you want to stop the SEC! pic.twitter.com/tKOVLlo3F8
— JackTheRippler © (@RippleXrpie) October 5, 2024
Successively, the XRP holders are also factoring in the possibilities of them suing the SEC. Attorney Fred Rispoli, in the latest podcast with Thinking Crypto, explored the outcome of the petition and whether individual investors could file a lawsuit against the SEC.
Can a Petition Against the SEC Succeed?
In his podcast, Rispoli, replied ‘yes’, when asked if a petition against SEC succeed. But also noted that it’s just hard to win and he thinks there is a chance. He noted that John Deaton had 75,000 people that have signed up, he could choose to file a case against the SEC but it’s difficult as they have to prove that they went outside the bounds of what their government jobs were.
“And there are certainly some arguments to make that happen, especially as the revolving door has become a little more grotesque and easily, more easily able to be discovered through civil discovery, for example. But that happened in the Madoff case, where everybody that got screwed by Madoff sued the SEC and they lost on the grounds that the SEC was immune and the opinion was scathing. The second circuit said the SEC was incompetent, imbecilic, and derelict in their duties, but they were just bad at their jobs. They didn’t go outside of the range where they could be liable, civilly liable for that.”
He noted that the case was then closed. So there is a chance, but it’s a difficult one, although he wouldn’t want anybody else leading that charge other than Mister Deaton himself. He remarked that there are a lot of things that would help out if he were able to help as a senator. Not just the case specifically, but to root out corruption and add transparency in the SEC.
The Injustice Against Cryptocurrencies: The Case of XRP
The ongoing debate surrounding the classification of cryptocurrencies, particularly whether they should be categorized as securities, highlights a significant injustice within the financial and regulatory frameworks. Traditional securities laws, such as the Howey Test used in the United States, were designed to protect investors in centralized, traditional investment vehicles. However, applying these outdated regulations to decentralized digital assets like cryptocurrencies leads to unfair treatment and stifles innovation. This article will delve into the inherent injustices faced by cryptocurrencies and illustrate how XRP, the digital asset created by Ripple, exemplifies this issue.
1. Incompatibility with Traditional Securities Laws
Securities laws were crafted in a different era, focusing on investments where individuals buy into a centralized entity with the expectation of profits. Cryptocurrencies, particularly those like XRP, operate on decentralized networks. XRP is utilized in transactions and payments on the XRP Ledger, a blockchain designed to facilitate fast, cost-effective international payments. Unlike traditional securities, holders of XRP do not have ownership stakes or voting rights in Ripple, the company behind the asset. This fundamental difference underscores the inapplicability of traditional securities laws to cryptocurrencies.
2. Practical Functionality of XRP
XRP was specifically designed to serve as a medium of exchange, enabling quick and efficient transactions across borders. Its primary use case is to facilitate international payments, which sets it apart from traditional securities, typically traded for investment purposes. The ability to use XRP in everyday transactions, alongside its high liquidity, illustrates its function as a currency rather than an investment instrument.
3. Lack of Investor Control
Unlike shareholders in traditional companies who have voting rights and can influence management decisions, XRP holders have no such power over Ripple. The lack of governance rights and direct involvement in company management further supports the argument that XRP does not fit the criteria for being classified as a security. The absence of this control mechanism distinguishes XRP from traditional securities, where investor influence is a core component.
4. Need for Distinct Regulatory Frameworks
The rapid evolution of blockchain technology and cryptocurrencies necessitates the creation of a separate regulatory framework tailored specifically for digital assets. The existing securities regulations fail to adequately address the unique characteristics and functions of cryptocurrencies. A dedicated regulatory approach would allow for the proper classification of assets like XRP, enabling innovation and growth within the crypto space without the constraints of outdated laws.
5. The Ripple Effect of Unjust Regulations
The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) exemplifies the struggles faced by cryptocurrencies. The SEC's argument that XRP is a security because Ripple promotes its use for profit disregards the decentralized nature of XRP and its practical applications. Such regulatory actions not only hinder Ripple but also set a precedent that could impact the entire cryptocurrency ecosystem.
Conclusion
The classification of XRP as a security under traditional securities laws is not only an oversimplification but also an injustice that fails to recognize the unique nature of cryptocurrencies. XRP, with its functionality as a medium of exchange, lack of investor control, and operation on a decentralized network, does not meet the criteria set forth by existing securities regulations. To foster innovation and support the growth of the cryptocurrency space, it is essential to establish a regulatory framework that acknowledges the distinct characteristics of digital assets like XRP. Without such a framework, the cryptocurrency industry will continue to face unnecessary challenges and restrictions that impede its potential.
$XRP
1. Incompatibility with Traditional Securities Laws
Securities laws were crafted in a different era, focusing on investments where individuals buy into a centralized entity with the expectation of profits. Cryptocurrencies, particularly those like XRP, operate on decentralized networks. XRP is utilized in transactions and payments on the XRP Ledger, a blockchain designed to facilitate fast, cost-effective international payments. Unlike traditional securities, holders of XRP do not have ownership stakes or voting rights in Ripple, the company behind the asset. This fundamental difference underscores the inapplicability of traditional securities laws to cryptocurrencies.
2. Practical Functionality of XRP
XRP was specifically designed to serve as a medium of exchange, enabling quick and efficient transactions across borders. Its primary use case is to facilitate international payments, which sets it apart from traditional securities, typically traded for investment purposes. The ability to use XRP in everyday transactions, alongside its high liquidity, illustrates its function as a currency rather than an investment instrument.
3. Lack of Investor Control
Unlike shareholders in traditional companies who have voting rights and can influence management decisions, XRP holders have no such power over Ripple. The lack of governance rights and direct involvement in company management further supports the argument that XRP does not fit the criteria for being classified as a security. The absence of this control mechanism distinguishes XRP from traditional securities, where investor influence is a core component.
4. Need for Distinct Regulatory Frameworks
The rapid evolution of blockchain technology and cryptocurrencies necessitates the creation of a separate regulatory framework tailored specifically for digital assets. The existing securities regulations fail to adequately address the unique characteristics and functions of cryptocurrencies. A dedicated regulatory approach would allow for the proper classification of assets like XRP, enabling innovation and growth within the crypto space without the constraints of outdated laws.
5. The Ripple Effect of Unjust Regulations
The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) exemplifies the struggles faced by cryptocurrencies. The SEC's argument that XRP is a security because Ripple promotes its use for profit disregards the decentralized nature of XRP and its practical applications. Such regulatory actions not only hinder Ripple but also set a precedent that could impact the entire cryptocurrency ecosystem.
Conclusion
The classification of XRP as a security under traditional securities laws is not only an oversimplification but also an injustice that fails to recognize the unique nature of cryptocurrencies. XRP, with its functionality as a medium of exchange, lack of investor control, and operation on a decentralized network, does not meet the criteria set forth by existing securities regulations. To foster innovation and support the growth of the cryptocurrency space, it is essential to establish a regulatory framework that acknowledges the distinct characteristics of digital assets like XRP. Without such a framework, the cryptocurrency industry will continue to face unnecessary challenges and restrictions that impede its potential.
$XRP
Just hope
What is the key factor when you choose a coin to invest in?
I have arranged some basics in the order that I apply to investing.
---
1. Token type
- When I first started participating, I prioritized tokens with the AI tag, simply because I am a lover of new technology and I think it has quite a lot of potential. I have invested in some coins like that, specifically $IQ , it is cheap and I have experience with the technology behind it. (MDT coin is also an interesting investment)
I have arranged some basics in the order that I apply to investing.
---
1. Token type
- When I first started participating, I prioritized tokens with the AI tag, simply because I am a lover of new technology and I think it has quite a lot of potential. I have invested in some coins like that, specifically $IQ , it is cheap and I have experience with the technology behind it. (MDT coin is also an interesting investment)
Sometimes happy, sometimes sad
Surely everyone reading the title understands what this article is about. Future, a hero with the mission to erase the gap between the rich and the poor. Honestly, I don’t know what word to use to describe Future, using the word hero is not right either. True to his name, this guy always knows how to create surprises that can be called terrible.
You bet on spot, the lower the capitalization, the less you will worry when you invest with a huge amount of capital, meaning that in spot you can divide your capital to diversify your assets, making your risk of loss low. So what about futures, obviously you can still divide your assets to bet on futures, so what are you worried about here? On Binance, as everyone knows, a transaction must be over 5 USD including fees. Here I just assume you take 100 USD to bet on either spot or futures.
You bet on spot, the lower the capitalization, the less you will worry when you invest with a huge amount of capital, meaning that in spot you can divide your capital to diversify your assets, making your risk of loss low. So what about futures, obviously you can still divide your assets to bet on futures, so what are you worried about here? On Binance, as everyone knows, a transaction must be over 5 USD including fees. Here I just assume you take 100 USD to bet on either spot or futures.
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