Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: mianvicky1 on December 29, 2020, 07:54:04 AM
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AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am. after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .
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Not only coinbase, many exchanges are doing the same thing, including local exchanges in my country, they will dump XRP coins from the exchange, but wait for the announcement from the SEC first, while trading will be suspended. But different from kuCoin, you can read the news here.
https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News (https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News)
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Not only coinbase, many exchanges are doing the same thing, including local exchanges in my country, they will dump XRP coins from the exchange, but wait for the announcement from the SEC first, while trading will be suspended. But different from kuCoin, you can read the news here.
https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News (https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News)
kukoin decided to get additional profit on a series of negative events, since it is tender for traders to store their XRP coins somewhere, and because of this competition new traders may come to them
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kukoin decided to get additional profit on a series of negative events, since it is tender for traders to store their XRP coins somewhere, and because of this competition new traders may come to them
I think this is one of the brilliant ideas from kuCoin, as it indirectly introduces their exchange to new traders. Do you think XRP will die or still exist and will color this crypto world. I am waiting for your prediction.
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kukoin decided to get additional profit on a series of negative events, since it is tender for traders to store their XRP coins somewhere, and because of this competition new traders may come to them
I think this is one of the brilliant ideas from kuCoin, as it indirectly introduces their exchange to new traders. Do you think XRP will die or still exist and will color this crypto world. I am waiting for your prediction.
I do not think that XRP is going to die, and less overnight, what if it is going to happen is that the price will continue to fall, and the more exchanges suspend the trade, the lower it will be. Ripple Labs has a lot of money to spend on lawyers, and of course, they won't be quiet.
The truth is that the continued attacks by the SEC will leave XRP's reputation on the ground.
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Due to constant bad news, XRP is getting cheaper again, another exchange refused to work with the token, Bittrex announced that it will stop trading in altcoin from January 15th. Against this background, the cryptocurrency rate dropped to $0.2. Over the past day, it fell by 12%.
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Not only coinbase, many exchanges are doing the same thing, including local exchanges in my country, they will dump XRP coins from the exchange, but wait for the announcement from the SEC first, while trading will be suspended. But different from kuCoin, you can read the news here.
https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News (https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News)
Yeah more exchange will also continue to suspend xrp trading, what kucoin is doing is saving face or just setting a trap for the innocent investors who will fall into this trap and buy xrp and then they will get dump on and be left with a bag of worthless xrp.
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The recent suspend of XRP trading from various exchanges has really affected XRP's price swings. Many XRP traders and Holders sell this coin so the price drops even more! I'm really worried about this XRP.
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XRP price is really un-predictable and can't be trusted. It's the time that the investors hold the XRP so they can get a big profit once the SEC issue has been resolved or they have to sell it now because it can down to $0.02 or $002.
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After the latest news, and all the exchanges that are suspending their support for XRP the situation is not very good, if everything continues like this and Ripple cannot stop the SEC I am very afraid that this is the beginning of the end of XRP.
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After the latest news, and all the exchanges that are suspending their support for XRP the situation is not very good, if everything continues like this and Ripple cannot stop the SEC I am very afraid that this is the beginning of the end of XRP.
I didn't expect this to happen to Ripple either, I was really worried that Ripple would die. Day by day more and more big exchanges are delisting Xrp, this has a big influence on the condition of this coin.
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kukoin decided to get additional profit on a series of negative events, since it is tender for traders to store their XRP coins somewhere, and because of this competition new traders may come to them
I think this is one of the brilliant ideas from kuCoin, as it indirectly introduces their exchange to new traders. Do you think XRP will die or still exist and will color this crypto world. I am waiting for your prediction.
If they could not counter the existing SEC lawsuit then probably XRP will become shit coins too because there are no traders that will put their money at risk if exchanges are limited for that crypto or if XRP are not accepted in any exchanges then how they could make their market to grow.
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AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am. after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .
Many experts predicted the XRP price to drop to $0.002 and there is no chance that the price would be reached $1 in the next few years as it will now take up to 2030 or 2040 for XRP to reach a good position like $10.
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Price decrease and slowly declining of demands can happen. I find Ripple hard to killed. The suspension is not the mark of Ripples end. This is part of obstacles xrp needs to overcome and go ahead into the brighter future. Xrp will bounce back again.
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Not only coinbase, many exchanges are doing the same thing, including local exchanges in my country, they will dump XRP coins from the exchange, but wait for the announcement from the SEC first, while trading will be suspended. But different from kuCoin, you can read the news here.
https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News (https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News)
Yes I see many exchange have blocked ripple. I hope ripple team can against this. Ripple is one of my favourite coin for trading at last year
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But it seems that the price is quite stable after the series of delisting in the exchanges for about weeks from now thefore I think they have still lot of supporters and holders who still believe in the reliability of their plarform. Lets just wait if they have some development of the issues that they are facing.
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The huge decrease of price from any altcoin is very normal when there is a negative announcement or news that scare the hodlers while this is the opportunity of the whales to fill their bags.
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I agree with you in part @Pheonyx. After the news that the SEC had legally sued Ripple, the price of XRP dropped quite a bit, but if we look at its current market we can see how in the last 7 days it has risen by 21.08%. I think there are people accumulating to be able to sell on exchanges outside the United States when in a few days they start delist XRP and its pairs.
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Even a slow fall in prices and a decrease in demand can occur. but I think Ripple is hard to kill. Procrastination is not a sign of the end of Ripples. This is part of the hurdle that XRP needs to overcome and move forward towards a brighter future. Xrp will also bounce back.
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Indeed at that time Ripple was in trouble with the SEC so that Ripple coins were suspended for trading.
This is a very sad factor for trading Ripple as it dumps the Ripple coin price and drops to 0.2 USD.
But just enjoy what happened to the Ripple coin because surely the effect of the dump will be on the Pump and the proof is that the Ripple skearnag goes up again up to 0.5 USD.
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A few days ago, most of the exchanges suspended ripple trading but now all exchanges opened ripple trading. I think it's a technical tricks of ripple management.
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@Churphans exchanges that have removed XRP from their pairs lists have not done so of their own free will and it is not a trick. They have done it because of the known problems (which in recent hours have become more accentuated) with the SEC. Only US-based exchanges have stopped XRP trading, on exchanges that are outside the borders of the United States, XRP trading continues smoothly.
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In any case, if you observe everything that is happening around the Ripples, then this project for this period has the character of a dubious investment. At least I wouldn't want to risk my capital to invest in Ripple.
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I understand your decision @wxxyrqa, but there are investors who "bet" that when the problems that Ripple has with the SEC end, if the problems are resolved XRP will return to the level it had before, if the problems with the SEC are not solved we will see what happens, both with Ripple and with XRP, if everything ends badly, maybe Ripple will only have to pay a penalty fee.
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A few days ago, most of the exchanges suspended ripple trading but now all exchanges opened ripple trading. I think it's a technical tricks of ripple management.
I agree, I think It just technical tricks of ripple management. Because I see ripple is starting to pump. And I heard Japanese state has supported ripple. It is really good thing for ripple. I always believed ripple is very potential coin
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A few days ago, most of the exchanges suspended ripple trading but now all exchanges opened ripple trading. I think it's a technical tricks of ripple management.
I agree, I think It just technical tricks of ripple management. Because I see ripple is starting to pump. And I heard Japanese state has supported ripple. It is really good thing for ripple. I always believed ripple is very potential coin
:D I think XRP team is very strong and as they come to market for business they must try to stay for long time. I also think here (https://www.forbes.com/sites/youngjoseph/2020/12/12/3-reasons-og-altcoin-xrp-is-struggling-despite-strong-bitcoin-recovery/) clear explanation for why xrp struggling where BTC market going high.
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In any case, if you observe everything that is happening around the Ripples, then this project for this period has the character of a dubious investment. At least I wouldn't want to risk my capital to invest in Ripple.
I don't see any major concerns for Ripple in relation to the SEC lawsuit. After all, the SEC has no complaints about the issue and circulation of this coin. It is about the abuse of two executives at Ripple Labs. The maximum that can be, and most likely it will be so, these persons will be forced to pay large penalties. It will be profitable for them to do this, since the company makes a lot of profit.
Plus, ripple uses a banking system that is not going to give it up. Therefore, after the end of the trial, ripple will again regain its positions.
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XRP now again go high and i hope that soon the XRP coin make high more and we make good money that time becasue so many peoples will hold their coins and they just wait for the good result.
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XRP now again go high and i hope that soon the XRP coin make high more and we make good money that time becasue so many peoples will hold their coins and they just wait for the good result.
Yes I see, many people hope ripple will go high again, I see after SEC issue ripple has recovered again. Rippe is number 7 but I see the price is more valuable..It is good progress for ripple after has negative issue
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Xrp is good for daily trading as you see the daily trading volume is so huge. This kind of coin will not be vanish and the price is also possible to increase this month in bullish rising trend. Maybe I should buy few pieces of xrp in the coming days.
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Xrp is good for daily trading as you see the daily trading volume is so huge. This kind of coin will not be vanish and the price is also possible to increase this month in bullish rising trend. Maybe I should buy few pieces of xrp in the coming days.
I completely agree with you that Ripple's daily trading volume is quite large, since there are a huge number of owners of this cryptocurrency. But all users of the cryptocurrency are in a certain tension due to the lawsuit from the SEC, and everyone expects what happens next. If big problems arise, the price drop will be instantaneous.
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XRP is a very good coin. Lately this coin has been suspended from various exchanges due to some problems and some problems. However one is still very popular in the market. If this XRP coin problem is solved, it will go to a very good position. And its existence in the market will be very popular. However, suspensions have been lifted from many exchanges. Hopefully, all exchanges will welcome this XRP in the future.
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Coinbase just suspend the XRP coin trading but the other exchanges still not suspend the XRP trading becasue they know that soon the XRP will make a great boom in the market.
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AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am. after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .
I think It is normal, because ripple has SEC issue. But I think ripple team will solve this problem, we all see the ripple price is going strong again now. So, In my perception ripple has solved their problem..That's my opinion
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@Hisbullah the problem is not Ripple itself, the problem is two of its executives (Bradley Garlinghouse and Christian Larsen) who refuse to allow the SEC to investigate their professional and personal accounts. As long as these two people have a senior position at Ripple, things will go very slowly.
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Currently some of the exchanges are suspended from trading so its position is felt. Due to which Ripple Coin went much further but is currently suspended Ripple Quail has improved in April.
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For now, maybe Ripple has no longer Suspend but has been removed from the Coinbase exchange.
I assume it's because Ripple has a lot of problems with the SEC that Coinbase doesn't want to get caught up in troublesome business with Ripple.
As in our lives, it is better to stay away from problems than to have to approach problems and end up making us unhappy.
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For now, maybe Ripple has no longer Suspend but has been removed from the Coinbase exchange.
I assume it's because Ripple has a lot of problems with the SEC that Coinbase doesn't want to get caught up in troublesome business with Ripple.
As in our lives, it is better to stay away from problems than to have to approach problems and end up making us unhappy.
Exchanges have acted that way precisely to cover their backs for the problems these two executives are creating for Ripple. It is better to remove XRP from its trading pairs before getting into such legal trouble. And in my opinion they have done the right thing, when all these problems are over they will be able to include XRP again in a matter of hours and maybe hopefully the coin will grow again as in previous years.
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Not only Coinbase, but XRP trading also seems suspended in some other exchanges. However, I am sure if it will be normal again in the near future. There is no reason that XRP will be disappeared, it is one of the top coins in the crypto world. So, of course, the team will fix the problem in XRP and it will be traded again on those exchanges normally.
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You made a very nice post. I hope senior and junior members can learn a lot from this post of yours. But you have made a beautiful post but I have a lot to say about it. No idea if you have a senior brother then definitely discuss yourself a bit.
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Yep, there are some exchanges that suspend the trading of XRP. I think it is normal because there is a big decrease in the volume of XRP trading on many exchanges. But I think it won't be last a long time, those exchanges will allow again us to trade XRP if the team already fix the case of XRP.
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Not only coinbase, many exchanges are doing the same thing, including local exchanges in my country, they will dump XRP coins from the exchange, but wait for the announcement from the SEC first, while trading will be suspended. But different from kuCoin, you can read the news here.
https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News (https://m.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt?utm_source=XRP1229News)
Yes I see many exchange have blocked ripple. I hope ripple team can against this. Ripple is one of my favourite coin for trading at last year
yes mate I also saw one that was blocked from ripple exchange. But the XRP is one of the best coins to trade.Investors have now started investing in ripple.
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@Believer people haven't stopped investing in XRP, they just do it differently. Now investments are less aggressive due to known issues with the SEC, but they continue to invest more in the long run, accumulating as much as possible. When these problems are over, if XRP recovers some of its past in terms of capitalization, current holders will make fortunes.
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Maybe this news has passed and at that time indeed Ripple was being rocked by bad news and definitely a Dump price.
Now Ripple is starting to get through it all and now Ripple is back in the top 10 on Coinmarketcap.
As easy as it is so easy to turn a hand, Ripple is really getting good soon and is trusted by various investors.
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Only a few Cryptocurrency exchanges are XRP delisted, and there are still a lot of Cryptocurrency exchanges that trade XRP. So we don't have to worry about this, even now we have seen an increase and a change in the price of XRP for the better.
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Maybe yesterday there were indeed many who suspended XRP trading and even many exchanges delisted the coin. But just look at this moment. how the struggle of XRP holders finally got the fruit. Where the price of XRP soared far 3 times. Of course this provides tremendous benefits.
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Maybe yesterday there were indeed many who suspended XRP trading and even many exchanges delisted the coin. But just look at this moment. how the struggle of XRP holders finally got the fruit. Where the price of XRP soared far 3 times. Of course this provides tremendous benefits.
It's been quite a few weeks since US-based exchanges removed XRP from its pairs. It was not a one-sided decision, it was a smart move to avoid future problems with the SEC. Exchanges based outside of the US borders have continued with XRP without problems, and all the investors and holders who have continued to buy over the past few weeks are making very high profits thanks to XRP.
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After thе lаtеѕt nеwѕ, аnd all thе еxсhаngеѕ that аrе ѕuѕреndіng their support fоr XRP thе ѕіtuаtіоn іѕ nоt vеrу gооd, if еvеrуthіng continues lіkе thіѕ and Rіррlе cannot stop the SEC I am vеrу afraid that this is thе bеgіnnіng оf the еnd of XRP.