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VidJZ
Jun 30, 2018 10:55 AM

Ripple (XRP) - What happens next? Long

XRP / EuroBitstamp

Description

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.

V
Comments
mvndekant
Let's get ready for the next super cycle :)
miguelborges99
... and if it is declared as a security ????
cryptocamp
@miguelborges99, I don't think it will be declared a security... See below:

Here is a quote from CFTC Lab Primer (debevoise.com/~/media/files/insights/publications/2017/11/20171121 LabCFTC_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 :)
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