Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: fallenangel1789 on December 30, 2020, 03:24:42 AM
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I think many other crypto entities will follow in the footsteps of the below-mentioned exchanges. I will revise the topic if new exchanges delist XRP.
CrossTower is the first cryptocurrency exchange to delist XRP from its platform.
Coinbase is suspending XRP trading altogether on January 19th.
Binance US will delist XRP on January 13th. 2021.
Bitwise delisted XRP.
OSL delisted XRP.
Beaxy delisted XRP.
Abra delisted XRP.
CEX.io delisted XRP.
Bitstamp will delist in January.
Crypto.com will delist on January 19th. 2021.
OKCoin will delist on January 4th. 2021.
Bittrex will delist on January 15th. 2021.
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I think more exchanges will follow it. This is the reason why XRP dumped, I think to buy now still a bad idea because we don't know how many exchanges will delist it too.
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I am sure the tremor of the growing number of delisting moves is sending negative waves to all people holding XRP. Now can be the best time to decide whether to continue holding on to one's XRP or letting them go for possible more dump in the market. I am sad to see this happen but this is a great illustration of the power of the government over any cryptocurrency. No matter how we may deny the potency of a governmental move against a coin or token, we could not live in a bubble and just pretend that nothing is happening. The message here is quite clear: government is still powerful.
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I think more exchanges will follow it. This is the reason why XRP dumped, I think to buy now still a bad idea because we don't know how many exchanges will delist it too.
Delisting is a serious actions by exchangers its not that they are creating FUD but they are afraid that SEC will also file them a lawsuit for supporting this kind of coin so buying now even at very low price is really a big mistake the best time to enter XRP is when they are cleared with the lawsuit Im very optimistic when XRP wins this will gonna moon hard.
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It seems to me that after such serious news, the XRP will have no holders, now everyone will start selling them and the coin may die (
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XRP is probably dying, after the SEC lawsuit, it is hard to believe that something can save. Another exchange, every day announcing the delisting of the token, and the price is still flying into the abyss, holders massively merge them on something until it reaches zero. Even well-known lawyers expressed their opinion that XRP has very small chances against the SEC, and that their It shows how powerful this commission on securities is, and how, thanks to its decision, the fate of the project can be determined if it is suddenly considered a security.
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XRP is gonna under 0.1 dollar soon. Actually, if even it reduces to 5 cents I cannot dare to buy it. XRP will not be the only victim of S.E.C. I suppose Chainlink will be the next victim of S.E.C.
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I am sure the tremor of the growing number of delisting moves is sending negative waves to all people holding XRP. Now can be the best time to decide whether to continue holding on to one's XRP or letting them go for possible more dump in the market. I am sad to see this happen but this is a great illustration of the power of the government over any cryptocurrency. No matter how we may deny the potency of a governmental move against a coin or token, we could not live in a bubble and just pretend that nothing is happening. The message here is quite clear: government is still powerful.
This shows the power of the goverment but I think in this case this power is necessary.
First of all, we have to accept that XRP is not a crypto as it is centrally managed by Ripple. Ripple owns more than 60% of the total supply, the result is the token sell-offs from the project's founders :(
Second, the XRP token itself is potentially risky and very similar to securities. If the SEC succeeds in proving XRP as a security, Ripple needs to comply with securities issuance regulations to ensure fairness.
Third, XRP is problematic, so the community does not support XRP as it did with BTC. The community is asking Ripple to burn 48 billion XRP.
Perhaps the issue surrounding XRP's legal status should come to an end soon, this time I sided with the SEC.
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Apparently the SEC is more influential than we thought, such a project XRP with a world name and created such problems with the SEC commission, as practice shows, it is better to find a compromise than to go to a direct collision, still XRP will not win this fight.
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I think its not bad news that this exchange delisted ripple if Binance delisted xrp price will touch 0.01 Ripple can always move out of the US. This would be a massive loss for the Tech industry there. I feel Xrp will survive this SEC hoo and cry, it's a game and I seems that the SEC like to take companies for as much as they can without having a court case. It's a tax to support there jobs.
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Brad Garlinghouse uses his mouth to say a string of tirade against Bitcoin and Ethereum now, that Ripple was on the brink of extinction because of the SEC prosecution why this man was so silent about it now that US SEC was after his company, at first they should move out the Ripple HQ from US soil and move somewhere else that was a crypto-friendly territory and without an extradition treaty with the US government, the bad thing is Ripple was not put on court trial yet but via trial by publicity. and the XRP price is greatly affected by this SEC drama. by the way, the rising number of crypto-exchange who delist the XRP is just a side effect of this US SEC prosecution drama.
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So big is the role of the SEC for crypto, until XRP has experienced the shadow of its death, hopefully there is still hope for XRP in the future, it is very unfortunate if XRP must really die
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Actually, I didn't think that a large coin like Ripple could have this kind of problem. And this is really very worrying, since this problem the price of Xrp has dropped dramatically. Even many Crypto traders and Investors who release the Xrp coins they hold because they are afraid, this xrp will really die.
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Well, what can I say, this is really a sad and disappointing thing for the investors of ripple, it's really sad, cus am putting myself in their shoes, I've never really liked xrp and never bought or invested in it, like I knew that they were into some shady stuff, but all the same, I wish every one who hold xrp luck, we all hope it that some miracle happens and it bounces back.
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I think more exchanges will follow it. This is the reason why XRP dumped, I think to buy now still a bad idea because we don't know how many exchanges will delist it too.
Delisting is a serious actions by exchangers its not that they are creating FUD but they are afraid that SEC will also file them a lawsuit for supporting this kind of coin so buying now even at very low price is really a big mistake the best time to enter XRP is when they are cleared with the lawsuit Im very optimistic when XRP wins this will gonna moon hard.
The SEC cannot sue exchanges that trade ripple. It will be illegal, and it is unlikely that such a desire will arise in this organization. The ripple coin and its holders are innocent to be punished in this way. In this case, the blame lies entirely with the leaders of the ripple network and they will be punished in the form of large penalties. They will not win the trial, even from the outside it can be said that there will be enough evidence of their guilt.
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I don't think that this is the right decision on the part of the exchanges. After all, there are no complaints about the XRP coin itself. It cannot be called fraudulent or fake. After the payment of billions of dollars in penalties, ripple will continue to exist, but its image will already be undermined and therefore it is rather difficult to say how this incident will ultimately affect the price of XRP.
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Well, i think this XRP will create a huge market problem between european crypto market and asian crypto market. XRP made a statement saying that the American market does not determine how the XRP run their business. also much volume of XRP trades are made outside USA. i don't think all these exchanges delisting XRP will make any effect on its marketcap and trading volume.
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Binance.US will remove support for XRP on the morning of Wednesday, January 13. I suppose Kraken is next.
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A very bad situation for RIPL because of its removal from the exchanges, it loses its adherents and, accordingly, a drop in value
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I thought coinbase is the only exchange that will be delist XRP but no there are many of them. Wow for sure XRP will getting down and down until the price will hit $0.01 it could be the worst year of 2021 for XRP. It is not good to get in XRP now, how bad.
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The delisting occurred on American exchanges and American divisions of exchanges. I think that this was done more to comply with the SEC requirements and when the issue with the claims is resolved, the listing will again be made on all these exchanges. So I think now is a great time to enter XRP.
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These de-listings do no matter much other than price dumps, Ripple has announced that they will keep working and their business will not be effected with this issue and I think that ripple has become such a big corporate company that they can settle all their issues so i think in few months they will come out of all these issues.
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This is too bad for XRP yet despite of the decision of these exchanges xrp still at top 4 so far. This might be bad for some holders of xrp who are in us but could also be a big break for countries where xrp is still available to purchase. Let's just wait for the coming events surely there will be surprises from it.
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Now XRP is offering various contests in many exchanges. Like in kucoin they offer 10k dollars for depositing and trading in there. But i do not think that will prevent XRP from dumping. If binance delists it totally then it will go further down and many other exchanges will also do the same.
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This is too bad for XRP yet despite of the decision of these exchanges xrp still at top 4 so far. This might be bad for some holders of xrp who are in us but could also be a big break for countries where xrp is still available to purchase. Let's just wait for the coming events surely there will be surprises from it.
Yes Bro, this is very worrying, is it possible that XRP will become a dead coin? Is it too soon for me to speak like that, But seeing the many large exchanges removing XRP is really a bad sign for this coin.
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I think ripple will be fine for now. The executives of this company announced that they are entering into negotiations with the SEC, which actually means an admission of guilt and an agreement to pay large penalties. If the negotiations are successful, the case should be closed and ripple will develop further.
After this news, in recent days, the price of ripple has begun to gradually recover again.
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XRP will not die overnight, if all goes well, because the SEC and Ripple have months of lawsuits ahead, XRP will try to resist (with better or worse price) as it will not be removed from all exchanges. Until the legal troubles are over, we won't really know what his future will be.
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Ripple price obviously going to zero value if all centralised exchanges would have delisted . I think ripple authority should take a management regarding delisting issue.
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XRP is not going to go to 0 @H2O. What's happening with the SEC isn't going to make XRP disappear or Ripple go bankrupt. If you look at the XRP market you will see that in the last week it has had a good percentage of profit. Which makes me think that a lot of people are accumulating to sell later on exchanges outside of the US. And if we stop to think it can be beneficial for XRP.