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Ripple (XRP) - What happens next?

BITSTAMP:XRPEUR   XRP / Euro
Self explainatory. START BUYING RIPPLE. Emotional market cycle is so obvious here I really have no idea why people aren'r screaming to buy,buy and buy Ripple.
I don't care if you think that's a shitcoin. I'll be making money out of it nevertheless.

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Comments

... and if it is declared as a security ????
Reply
cryptocamp miguelborges99
@miguelborges99, I don't think it will be declared a security... See below:

Here is a quote from CFTC Lab Primer (https://www.debevoise.com/~/media/files/insights/publications/2017/11/20171121%20LabCFTC_Primer_The_CFTCs_Views.pdf)

"Ethereum tokens (ETH) started out, and are actively used, as utility tokens used to power smart contracts on the Ethereum protocol, but they are actively traded and purchased and held in many instances by those who have no plan or intention of using them to put any smart contracts on the Ethereum protocol. In other words, ETHs are utility tokens as well as virtual currencies, and the CFTC certainly treats them as commodities. The same can be said about Ripple tokens (XRP)."

Now that Ethereum recently was declared NOT a security I think it's pretty clear that XRP is not a security :)
+1 Reply
Let's get ready for the next super cycle :)
+1 Reply
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