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Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: DanielBroonze on December 24, 2020, 05:14:33 AM



Title: Why XRP Crash?
Post by: DanielBroonze on December 24, 2020, 05:14:33 AM
When the Whole market Especially BTC Is Stable While XRP Feels Bloodish. Any Reason?


Title: Re: Why XRP Crash?
Post by: Maxstl007 on December 24, 2020, 05:26:39 AM
It's normal if any altcoin loses its value at the point of time because it isn't altcoin season yet and also XRP airdrop is over, many who invested because of the airdrop are dumping, one more thing, the news about SEC bouncing on XRP may fear many too, not 100% sure this is just a guess, don't worry too much recovery is possible


Title: Re: Why XRP Crash?
Post by: Genemind on December 24, 2020, 05:35:22 AM
It's normal if any altcoin loses its value at the point of time because it isn't altcoin season yet and also XRP airdrop is over, many who invested because of the airdrop are dumping, one more thing, the news about SEC bouncing on XRP may fear many too, not 100% sure this is just a guess, don't worry too much recovery is possible

It actual the main reason why XRP price dropped almost 30℅ innjust a few days after the news came out that SEC will sue  XRP, since they think XRP is selling unregistered securities. Not to mention some platforms delistng XRP to avoid any legal obligations once XRP losses the case.


Title: Re: Why XRP Crash?
Post by: Jawhead999 on December 24, 2020, 05:40:01 AM
Actually you can googling easily to search a news related to anything you want. You can read in this article [1] it's possible XRP is crashes due to faces lawsuit or sue from US. Anyway XRP aren't worth to take top 4 places in entire cryptocurrencies, since it's not decentralized as cryptocurrencies should be.


[1] https://www.aljazeera.com/economy/2020/12/22/ripple-says-it-faces-sec-lawsuit-as-cryptocurrency-xrp-drops


Title: Re: Why XRP Crash?
Post by: Blitzboy on December 24, 2020, 05:54:31 AM
SEC Sues Ripple Over XRP Cryptocurrency (https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800)


The news is here. They claims that the ripple violate investor-protection laws. Combine with the latest airdrop, Ripple can not stand before a big storm like this. But I believe it will become stronger when it overcome this crisis. To me, ripple has long a strong and trust asset in the crypto world. Even if it is centralized, ripple and xrp are better than any bank


Title: Re: Why XRP Crash?
Post by: raidarksword on December 24, 2020, 07:23:22 AM
If you didn't read news it's because of SEC intervention and sues on XRP. Many people got FUD and got panic selling faster than anyone else or else they will be a pretty lose and i cannot blame people who panic selling because they fear of losing more if they will strongly hold their assets. This adversaries will make XRP more strong it's just a matter of time.


Title: Re: Why XRP Crash?
Post by: azisjz4 on December 24, 2020, 07:39:11 AM
There are many reasons why the price of XRP has dropped. One of them is the existence of legal attacks from the SEC and XRP in delistions from 3 exchanges. For a comparison of the two opinions of each party You can check twitter SEC [https://twitter.com/SEC_News]and CEO Ripple Brad Garlinghouse [https://twitter.com/bgarlinghouse].. The result of the case that happened to Ripple, currently many people predict XRP Price Could Plunge Towards $ 0.2 and Will Major Exchanges Delist XRP (https://coinpedia.org/news/xrp-price-plunge-will-major-exchanges-delist-xrp/)


Title: Re: Why XRP Crash?
Post by: Psynthax on December 24, 2020, 07:50:21 AM
It's obvious the crash is becasue the news about SEC suing ripple and the people cashing out after airdrop snapshot. What I wonder though, why ETH gets dumped as well in my opinion if people switching over from XRP the other good choice is ETH which should go up a little consdiering that XRP is former 3rd highest market cap alt but I guess I'm wrong.
Also, you need to note that this problem regarding SEC suing ripple gonna be a serious problem.


Title: Re: Why XRP Crash?
Post by: meanwords on December 24, 2020, 08:39:31 AM
What do you mean the market is stable? you can see in CMC that there's an ongoing bloodbath going on in the market right now. Almost all cryptocurrencies in the top 100 are down by more than 5% or even 10%. Aside from that, XRP is having a dispute with SEC. They just had the worst luck this month because they did some shady things this past few years and they are paying the price.


Title: Re: Why XRP Crash?
Post by: cilgindansci on December 24, 2020, 08:41:31 AM
XRP is facing a huge problem. Problems experienced with SEC can't be overcome easily. This situation can destabilize them. If this problem is not resolved, it will negatively affect all cryptocurrency markets  :-\


Title: Re: Why XRP Crash?
Post by: Tash on December 24, 2020, 08:52:08 AM
............ it will negatively affect all cryptocurrency markets  :-\
Garbage, not the whole crypt market is a illegal security like xrp.
Every company in the past who offered money was eventually shut down, some operated for as long as 11 years. Took 6 years for xrp before sledgehammer come down.
Cleaning up the cryptomarket is a good thing, about time.


Title: Re: Why XRP Crash?
Post by: livingfree on December 24, 2020, 08:53:14 AM
Be aware of the news that's circulating with the coin you invest like XRP. It's been all in the crypto news and even mainstream media that SEC has filed a lawsuit against the executives of Ripple.

The news affected much XRPs price and that's why you're moved to see it while bitcoin and the others are stable in these times.

If this problem is not resolved, it will negatively affect all cryptocurrency markets  :-\
No, this is only for XRP. Its market cap could go eventually to bitcoin.


Title: Re: Why XRP Crash?
Post by: newwest on December 24, 2020, 09:29:33 AM
XRP is facing a huge problem. Problems experienced with SEC can't be overcome easily. This situation can destabilize them. If this problem is not resolved, it will negatively affect all cryptocurrency markets  :-\

Seems now XRP might not be back above 0.5$ soon. And it is falling like 30% +. SO those who had believed it could cross 5$ as well now would be worrying a lot because reaching 1$ in coming time itself will be the big ask from here. Bitcoin may continue to rally but XRP might not be rising but instead due to SEC it may continue to fall.


Title: Re: Why XRP Crash?
Post by: qory on December 24, 2020, 09:34:42 AM
There are some topics about why it crashed. Try to look at this topic https://bitcointalk.org/index.php?topic=5302710.0 It's nice that I trust some users before who says that don't trust Ripple since it's a centralized coin.


Title: Re: Why XRP Crash?
Post by: SATWAT on December 24, 2020, 09:39:37 AM
Be aware of the news that's circulating with the coin you invest like XRP. It's been all in the crypto news and even mainstream media that SEC has filed a lawsuit against the executives of Ripple.

The news affected much XRPs price and that's why you're moved to see it while bitcoin and the others are stable in these times.

If this problem is not resolved, it will negatively affect all cryptocurrency markets  :-\
No, this is only for XRP. Its market cap could go eventually to bitcoin.
This is really good point XRP sue is not related to cryptocurrencies surely its not going to have any side effect on overall market because currently market is doing some good and can rise some more in future even xrp issues not solved.


Title: Re: Why XRP Crash?
Post by: bitkanu on December 24, 2020, 10:50:58 AM
XRP is facing a huge problem. Problems experienced with SEC can't be overcome easily. This situation can destabilize them. If this problem is not resolved, it will negatively affect all cryptocurrency markets  :-\
I thought that this problem will not give a huge impact to another cyrpto currency that can't be classified as the security coin. This is an old problem and so many parties aware about the ripple coin was filling all of the requirements to be called as security coin but this is the worst than security coin.


Title: Re: Why XRP Crash?
Post by: Lantind on December 24, 2020, 10:54:47 AM
When the Whole market Especially BTC Is Stable While XRP Feels Bloodish. Any Reason?

The XRP token is in big trouble with the SEC, so it will continue to be thrown away by a large number of holders, because there used to be a lot of people who liked this token, but when they know that this token is in trouble, everyone will throw it away the price is bloody.


Title: Re: Why XRP Crash?
Post by: paglarhat on December 24, 2020, 11:48:50 AM
I don't understand exactly why XRP was dumped.
Maybe there is bad news in the media about XRP.
I have held some XRP so I need a clear idea about this.
If anyone knows, please let me know.


Title: Re: Why XRP Crash?
Post by: kevinzxz on December 24, 2020, 12:33:10 PM
When the Whole market Especially BTC Is Stable While XRP Feels Bloodish. Any Reason?


it happened as a result of SEC suing Ripple
https://cdn.steemitimages.com/DQmRDz5f1gdbiVvRBeEJXaXBNSHugGj4SSAGzQcsRmbkDkb/SEC1.png
source : https://cointelegraph.com/news/sec-set-to-sue-ripple-with-xrp-in-the-crosshairs (https://cointelegraph.com/news/sec-set-to-sue-ripple-with-xrp-in-the-crosshairs)

but Ripple CEO assures shareholders and the industry that the company will win the case brought by the United States SEC
https://cdn.steemitimages.com/DQmTVQyaqwdNXq1sHimuugYejQeGw7NG5wRdAMSnGJydq4N/SEC1.png
source : https://cointelegraph.com/news/ripple-ceo-garlinghouse-responds-to-sec-complaint-against-xrp
 (https://cointelegraph.com/news/ripple-ceo-garlinghouse-responds-to-sec-complaint-against-xrp)
because 95% of Ripple’s customers are not from the US
https://cdn.steemitimages.com/DQmZYWSqLbFcrPiuyMdQ6Pi6epdaW49X3uzdnBD3ryJaiCn/SEC1.png
source : https://cointelegraph.com/news/95-of-ripple-s-customers-are-not-from-the-us-ceo-garglinghouse-says (https://cointelegraph.com/news/95-of-ripple-s-customers-are-not-from-the-us-ceo-garglinghouse-says)

I hope this problem will be resolved quickly and of course that the price of Ripple starts to recover again, so that investors who invest in XRP will return to profit and everyone will believe to investing in XRP again.


Title: Re: Why XRP Crash?
Post by: samerfarari122 on December 24, 2020, 01:17:47 PM
maybe this is because lot of people holding it and thinking it will get ath this season and so on whale seen it and did the manipulation to dump to the price so those who seen the fear will definitely dump it anyway


Title: Re: Why XRP Crash?
Post by: chichidori on December 24, 2020, 01:26:03 PM
You should have read the news by now if XRP loses the case there is a big chance that it will also lose its value in the market some exchange are now delisting XRP to avoid any conflict, it will take a lot of guts to buy and hodl xrp in this time crisis but it will be rewarding if ripple wins the battle.


Title: Re: Why XRP Crash?
Post by: FaucetKING on December 24, 2020, 01:28:58 PM
You ain't wrong.. XRP is driven by alot of whales and big investors which have relations that helped them deal with Moneygram! That's not by luck or by coincidence i think. I want to express that i dealt using XRP in the past and made a couple of transactions using their blockchain, it's a perfect blockchain but i'm not liking the people behind that project, no hard feelings even if the project is successful but my own feelings aren't good. They have alot of whales playing there and earning alot of funds, it's not me who's expressing the hate, ask each investor there and they will tell you that i am right.

It's mainly the trading outcome that made the market drop very hard. Traders are now selling to quit because of some troubles and a case is even opened against XRP in the USA. I was looking into their graph in the last days and saw some impressive movements but i did say in some recent comments that i don't trust XRP enough even if they are successful.
I don't think if they will be dumped more or that the community will keep the coins and buy more but i'm telling you guys that XRP is good but they are suspicious. Only invest what you can afford to lose.


Title: Re: Why XRP Crash?
Post by: livingfree on December 25, 2020, 06:21:16 AM
If this problem is not resolved, it will negatively affect all cryptocurrency markets  :-\
No, this is only for XRP. Its market cap could go eventually to bitcoin.
This is really good point XRP sue is not related to cryptocurrencies surely its not going to have any side effect on overall market because currently market is doing some good and can rise some more in future even xrp issues not solved.
When I've first heard of the news, I only thought it would impactfully be attached to XRP only not to the entire cryptocurrency market. The way the people have reacted on this is they are exaggerating the situation. They all connecting that this sue would be also part of the dump of the whole market but hey, no that's not going to happen.

Despite the huge down in percentage of XRP yesterday like around $0.25, well, today it has done great @ $0.33. Traders who bought at that dip can enjoy their profits today.


Title: Re: Why XRP Crash?
Post by: Argoo on December 25, 2020, 07:21:13 AM
It's obvious the crash is becasue the news about SEC suing ripple and the people cashing out after airdrop snapshot. What I wonder though, why ETH gets dumped as well in my opinion if people switching over from XRP the other good choice is ETH which should go up a little consdiering that XRP is former 3rd highest market cap alt but I guess I'm wrong.
Also, you need to note that this problem regarding SEC suing ripple gonna be a serious problem.
Apparently, the price of ethereum does not increase due to the fall in the ripple rate, because ripple has been largely used as a means of payment, and ethereum is not yet so used in this capacity. In addition, the issue of high transaction fees on the ethereum network is still not completely resolved, so people are looking for cryptocurrency with cheaper transactions.
An example from the SEC lawsuit against ripple and an instant significant drop in the price of this coin shows how vulnerable the cryptocurrency is and depends on the actions of states and their organizations.


Title: Re: Why XRP Crash?
Post by: zaim7413 on December 25, 2020, 07:38:46 AM
maybe this is because lot of people holding it and thinking it will get ath this season and so on whale seen it and did the manipulation to dump to the price so those who seen the fear will definitely dump it anyway
The word "maybe" is an approximation that is not necessarily correct, moreover you also do not know the full truth about this, so it will be very difficult to put all the real events into our minds, even though the fear and exile from holding the token remains.


Title: Re: Why XRP Crash?
Post by: Shallow on December 25, 2020, 08:02:34 AM
When the Whole market Especially BTC Is Stable While XRP Feels Bloodish. Any Reason?


Yes there is a reason and that reason came from SEC which is working on suing XRP and you know what happens when an entity such as SEC comes after a project; what actually happens is that, it brings about panic within the users and since no one can read the future to know how everything gets solved, the best thing to do at that point would be selling just in case everything goes against XRP, so that the users or holders won't lose a whole lot. Bad news like this one, is one of many factors which affects the entire market or a particular platform negatively depending on what the news is all about. Everyone will only but wish this gets solved as fast as possible before XRP loses a lot of its value.


Title: Re: Why XRP Crash?
Post by: SquallLeonhart on December 25, 2020, 09:47:55 AM
I also hope that people saw what Ripple did during this period as well. Not only they have publicly said that all the other cryptos are bad, and they are the only good one and the government should trust them and the other things were used for illegal things while xrp was used in accordance with the government and the government could ask anything they want about people and XRP would cooperate while no other coin would ever do that.

So basically, ripple said that they will screw us over USA wants to, plus all other coins sucked and crypto was bad. If you have seen this, and still somehow for some weird reason support XRP that means you are not a crypto person neither, no crypto person would allow this kind of talk towards crypto, you should have known that these guys are crooks and they would screw everyone over in a minute as long as that means either profit or saving their own ass.


Title: Re: Why XRP Crash?
Post by: cryptomaniac_xxx on December 25, 2020, 10:51:23 AM
Currently, we have seen the tip of the iceberg already,

(1) SEC filed a case on XRP
(2) Some small tier exchanges said that they are going to de list XRP
(3) Bitwise liquidating their XRP assets because of the fear of the lawsuit

I think this is the main reason of the sudden flash crash and it's getting worst the day. Of course, there are still going to see pump-and-dump here and there so many can still make money. But if you look at the long term, I would say that the future is bleak for XRP.


Title: Re: Why XRP Crash?
Post by: sallybein987 on December 25, 2020, 11:11:05 AM
Experts are also sceptical due to the dubious business model and the lack of real results of integrating Ripple’s payment solutions into existing financial systems.

All this indicates that investing in XRP is a rather risky decision, which is better left to experienced traders and investors.


Title: Re: Why XRP Crash?
Post by: sgenuine on December 25, 2020, 08:43:46 PM
When the Whole market Especially BTC Is Stable While XRP Feels Bloodish. Any Reason?


Retail investors were involved in the Scam and were deceived. XRP is an unregistered security that Ripple trades it illegally. It turns out that the organizers deliberately received more than $1.3 billion in funding from investors, knowing that in fact they are scammers. :-[


Title: Re: Why XRP Crash?
Post by: Shasha80 on December 25, 2020, 09:57:57 PM
There is a lot right now talking about XRP, probably because the XRP price has taken a surprisingly deep drop. Actually, there have been
many topics discussing the reasons for XRP crash, one of which is definitely related to lawsuits from the SEC. This panicked a lot of investors,
especially XRP holders from America. I'm sure 90% of them sell their XRP. Not to mention the effect of the rumors that Coinbase will delist XRP,
making XRP lose the trust of its investors.


Title: Re: Why XRP Crash?
Post by: speedforce on December 25, 2020, 11:09:33 PM
Currently, we have seen the tip of the iceberg already,

(1) SEC filed a case on XRP
(2) Some small tier exchanges said that they are going to de list XRP
(3) Bitwise liquidating their XRP assets because of the fear of the lawsuit

I think this is the main reason of the sudden flash crash and it's getting worst the day. Of course, there are still going to see pump-and-dump here and there so many can still make money. But if you look at the long term, I would say that the future is bleak for XRP.

This issues very bloody, many traders will profit from the issues while another was killed. For Newbie dont touch XRP trading in this time, better that invest to another top coin.


Title: Re: Why XRP Crash?
Post by: pixie85 on December 26, 2020, 12:08:38 AM
When the Whole market Especially BTC Is Stable While XRP Feels Bloodish. Any Reason?


First of all XRP is not following BTC. It is a cryptocurrency so it should but it barely does because of the path Ripple Labs took with this coin. It advertised it as a backup plan for BTC failure.

They treated Bitcoin like decentralization was its weak point and introduced their centralized coin as the one that will be supported by governments because it has a company running it and that company has faces, can be sued and all that.

As you can see the idea was ok in the beginning but decentralization seems to be winning. It's not only because decentralization is so much better but because ripple labs is playing dirty flooding the market with their premined coins so that they can give themselves bonuses.


Title: Re: Why XRP Crash?
Post by: Xxmodded on December 26, 2020, 01:34:40 AM
Most exactly reason why XRP crash because have any investigating from SEC or Securities and Exchange Commission from United State, they have big problem with cryptocurrency and almost United State people not allowing to invest on ICO project. Maybe last days for Securities and Exchange Commission director because today he will resign and have the other director who love with cryptocurrency and we hope could give positive way for bitcoin and altcoin in United State, almost when Securities and Exchange Commission make announcement with cryptocurrency always make bad impact price of some coin.


Title: Re: Why XRP Crash?
Post by: TravelMug on December 26, 2020, 01:41:47 AM
Currently, we have seen the tip of the iceberg already,

(1) SEC filed a case on XRP
(2) Some small tier exchanges said that they are going to de list XRP
(3) Bitwise liquidating their XRP assets because of the fear of the lawsuit

I think this is the main reason of the sudden flash crash and it's getting worst the day. Of course, there are still going to see pump-and-dump here and there so many can still make money. But if you look at the long term, I would say that the future is bleak for XRP.

This issues very bloody, many traders will profit from the issues while another was killed. For Newbie dont touch XRP trading in this time, better that invest to another top coin.

Pretty much this is the reasons for XRP sudden downfall, and then this:

https://www.coindesk.com/coinbase-delist-xrp-exchanges-dilemma

So expect that more big and reputable exchanges to follow suit and delist XRP, I think there is a pressure from US because of the SEC lawsuit against XRP. So this is going to be bloody and messy for XRP and it's holder if this news become reality in the next couple of days.


Title: Re: Why XRP Crash?
Post by: asriloni on December 26, 2020, 03:43:02 AM
maybe this is because lot of people holding it and thinking it will get ath this season and so on whale seen it and did the manipulation to dump to the price so those who seen the fear will definitely dump it anyway
did you watch the various news before? the  whales do nothin to the market. The main thing was SEC was suing ripple to the court as SEC found that XRP already violated the rules.
SEC was seeing ripple has been running illegal security token offering which is not allowed in US.
It has no correlation with the whales or something else. It's not also about the price manipulation. You should read the latest news again dude.


Title: Re: Why XRP Crash?
Post by: Pamadar on December 26, 2020, 04:31:00 AM
There is a lot right now talking about XRP, probably because the XRP price has taken a surprisingly deep drop.

That big dumped after huge pumped really been a talk now here and outside, many frustrated investors who bought when pumped happened are very dissapointed with how the market for this coin is moving right now,.

Actually, there have been many topics discussing the reasons for XRP crash, one of which is definitely related to lawsuits from the SEC.

Big impact to the price as SEC chasing this project really placing this coin in the deep.

his panicked a lot of investors, especially XRP holders from America. I'm sure 90% of them sell their XRP.

They need to comply knowing the possibilities of more dumped to take  place they are avoiding loses in the future.

Not to mention the effect of the rumors that Coinbase will delist XRP, making XRP lose the trust of its investors.

One by one, CEX opinions will make another huge impact if more reputable CEX adds up.


Title: Re: Why XRP Crash?
Post by: Sithara007 on December 26, 2020, 04:50:24 AM
SEC ruling was not the only factor in this crash. It was the trigger, but a number of issues were looming with XRP for the past many years. And that is the reason when the crash occurred, the prices went down by this much. The market cap and exchange rate of XRP was kept at inflated levels, by keeping most of the total supply away from the trading platforms. This created an artificial scarcity, pushing up the prices. This strategy was not always sustainable, as seen from the current crash.


Title: Re: Why XRP Crash?
Post by: btc_angela on December 26, 2020, 06:36:33 AM
SEC ruling was not the only factor in this crash. It was the trigger, but a number of issues were looming with XRP for the past many years. And that is the reason when the crash occurred, the prices went down by this much. The market cap and exchange rate of XRP was kept at inflated levels, by keeping most of the total supply away from the trading platforms. This created an artificial scarcity, pushing up the prices. This strategy was not always sustainable, as seen from the current crash.

Yes its the trigger that has the effect of a domino falling down, that's why the price really goes down the pipe. There are a lot of promises that it could reach as high as $1.00. Actually if went as high as $0.90 if I'm not mistaken and the future looks bright for XRP.

However, when the news of SEC filing case against them, it crumbles, but it is not done yet. It recovered somewhat from $0.30, but still far cry from its previous all time high while other coins are heading on a bullish trend entering 2021.


Title: Re: Why XRP Crash?
Post by: virasisog on December 26, 2020, 06:58:22 AM
SEC ruling was not the only factor in this crash. It was the trigger, but a number of issues were looming with XRP for the past many years. And that is the reason when the crash occurred, the prices went down by this much. The market cap and exchange rate of XRP was kept at inflated levels, by keeping most of the total supply away from the trading platforms. This created an artificial scarcity, pushing up the prices. This strategy was not always sustainable, as seen from the current crash.

Yes its the trigger that has the effect of a domino falling down, that's why the price really goes down the pipe. There are a lot of promises that it could reach as high as $1.00. Actually if went as high as $0.90 if I'm not mistaken and the future looks bright for XRP.

However, when the news of SEC filing case against them, it crumbles, but it is not done yet. It recovered somewhat from $0.30, but still far cry from its previous all time high while other coins are heading on a bullish trend entering 2021.

I've been hearing humor that SEC filing a lawsuit against Ripple is a plot to let the price crash to it's lowest. The recent news about SEC and Ripple had a huge impact to XRP and it even lead for some trading sites to delist XRP to avoid getting involved with XRP's law suit. It will be difficult for XRP to recover due to this news, I am wondering what will happen to XRP once they are found guilty of what they are accused of.


Title: Re: Why XRP Crash?
Post by: husdemba on December 26, 2020, 07:18:34 AM
Ripple is going through a very difficult time. Investing in Ripple right now is like gambling. Ripple is also an unstable coin in normal times.
They will be more unstable during this period due to the SEC. Maybe you can trade but you have to accept the losses  :-\


Title: Re: Why XRP Crash?
Post by: ice18 on December 26, 2020, 07:41:26 AM

I've been hearing humor that SEC filing a lawsuit against Ripple is a plot to let the price crash to it's lowest. The recent news about SEC and Ripple had a huge impact to XRP and it even lead for some trading sites to delist XRP to avoid getting involved with XRP's law suit. It will be difficult for XRP to recover due to this news, I am wondering what will happen to XRP once they are found guilty of what they are accused of.
If they found guilty this will be the end of XRP unless they will appeal to higher court but to recover easily is not easy if they found out they violate the law then 100% crashed will happen and it will really hard for them to rise again like many other altcoins who sued by SEC.


Title: Re: Why XRP Crash?
Post by: Lantind on December 26, 2020, 07:47:21 AM
Ripple is going through a very difficult time. Investing in Ripple right now is like gambling. Ripple is also an unstable coin in normal times.
They will be more unstable during this period due to the SEC. Maybe you can trade but you have to accept the losses  :-\
Yes, but in the past few days including yesterday, Ripple has experienced good price improvements, although at this point it has experienced a decline again, so it looks very unstable in all markets, and even so Ripple is still in a good category even though the price is often unstable under normal circumstances.


Title: Re: Why XRP Crash?
Post by: poodle63 on December 26, 2020, 07:57:08 AM

Pretty much this is the reasons for XRP sudden downfall, and then this:

https://www.coindesk.com/coinbase-delist-xrp-exchanges-dilemma

So expect that more big and reputable exchanges to follow suit and delist XRP, I think there is a pressure from US because of the SEC lawsuit against XRP. So this is going to be bloody and messy for XRP and it's holder if this news become reality in the next couple of days.
XRP definitely rekt in US and most of the exchanges that are US based probably gonna delist it very soon or they did that already.
Not to mention the chain reaction which is another neighbouring country following US to ban XRP if that's really gonna happen. Most of major exchange already have their stance in this case.


Title: Re: Why XRP Crash?
Post by: MCobian on December 26, 2020, 08:10:51 AM
At first I thought XRP crashed because the Spark airdrop event ended, then many holders sold XRP for taking profit.
In fact, the price of XRP continues to fall until now, it turns out that XRP is in legal trouble and is being sued by the SEC
in court. After that many rumors circulated that Coinbase exchange would delist XRP, if it was true Coinbase did that,
many other exchanges originating in America will do the same.


Title: Re: Why XRP Crash?
Post by: zaim7413 on December 26, 2020, 09:26:12 AM
I have XRP on Etoro and I trade it during 2017 until now all of my position are bleeding.. 3 yrs past I still cant close the position as they are still bleeding so sad..  :( (https://www.vlive.tv/post/0-20527470)
There is no need to be sad if you have been in crypto for a long time, because you also have a lot of experience in crypto, so just adjust it at what price you exchange XRP at that time, and see the current price, if it already exists. fortunately, then let go of it despite the small benefits.


Title: Re: Why XRP Crash?
Post by: crzy on December 26, 2020, 09:44:17 AM
I have XRP on Etoro and I trade it during 2017 until now all of my position are bleeding.. 3 yrs past I still cant close the position as they are still bleeding so sad..  :( (https://www.vlive.tv/post/0-20527470)
Altcoins are still far from their all time high, same thing with XRP so I feel your pain on this one and right now, another problem occurs and XRP might not be able to resist this anymore, or of course they can settle this one for the benefit of their own technology and of course with the investors. The real reason here is the case filed by SEC against XRP, and this will be a long way of fighting to prove their innocence, keep holding if you can.


Title: Re: Why XRP Crash?
Post by: manfredmann on December 26, 2020, 09:48:58 AM
This is one of the difficult thing to own altcoins. You may not know when the whales played along with small time investors. Those who had been investing in XRP while its market is at .60$ would now stuck at it waiting when will be the next time to get that market price again or will it happen again. This is why that others now are only after investing in bitcoin and no other digital currency can surpass bitcoin. Bitcoin is the king of cryptocurrency.


Title: Re: Why XRP Crash?
Post by: kapalmabur on December 26, 2020, 09:04:21 PM
XRP is ruined because of the SEC, whether it's fud or not, for sure Ripple has always had this kind of thing,
I've never liked Ripple since the past, because their project is really frustrating for me,
I failed to take an opinion about Ripple and it made me hate it, yes this project has a lot of problems, and I avoided it.


Title: Re: Why XRP Crash?
Post by: Rengga Jati on December 26, 2020, 10:06:08 PM
It has happened several days ago, the reason is about the problem between XRP and SEC. Find more on Google about what happens between the two. This is a complicated problem that they have and it is followed by a certain broken rule and law. And this is not only about in the crypto world but in the real world.
And what happens is that many people are being panicked and the sell off their XRP panicly. The price is crashing and we do not know the future.


Title: Re: Why XRP Crash?
Post by: Xxmodded on December 27, 2020, 05:07:28 AM
Better not try for investing with ripple right now during still have negative news from SEC and many exchange stop for trading ripple before cases between SEC and Ripple team clear, I know last day Ripple growing up few percent but now back again to lower price, still have many bad news for Ripple and become bad choose if you wanna invest on Ripple, how ever if SEC and Ripple team do not get clarification how this problem solve you need waiting little time for investing back in Ripple, there are not way for some coin after faced problem with SEC because almost coin become die after investigating by SEC.


Title: Re: Why XRP Crash?
Post by: AssociatesBumble579 on December 30, 2020, 11:27:43 AM
Coinmarketcap always reporting all types of news of cryptocurrency trading news, The latest viral news is XRP has fallen down and many investors are concerned for their invested money. They have a lot of fear on XRP coin regarding the current situation that's why some investors are claiming for Ripple Cash. Anyway, I hope the bloody session will be gone and shine and bright situation will arise for XRP in near future. So, Don't be hopeless.


Title: Re: Why XRP Crash?
Post by: paglarhat on December 30, 2020, 01:46:52 PM
I think the XRP price has been dumped due to de-listing of some XRP news and some exchange XRP.
If anyone knows more details, please let me know


Title: Re: Why XRP Crash?
Post by: Kong Hey Pakboy on December 30, 2020, 03:12:51 PM
I think the XRP price has been dumped due to de-listing of some XRP news and some exchange XRP.
If anyone knows more details, please let me know
XRP price is experiencing a huge dumped because the securities regulators accused Ripple of issuing worth billions of dollars in unregistered tokens, that is why most exchanges have delisted and fully suspend trading in XRP. It is also why many people who holds XRP are currently having problems facing their huge losses.


Title: Re: Why XRP Crash?
Post by: Tash on December 30, 2020, 03:22:06 PM
Satoshi more than a century ago https://bitcointalk.org/index.php?topic=57.msg415#msg415
Quote
"the price of any commodity tends to gravitate toward the production cost" and "in later years, when new coin generation is a small percentage of the existing supply, market price will dictate the cost of production more than the other way around".


How much does it cost to produce 1 xrp? Selling a ordinary apple for $ 100 is a scam.
Maybe the real crash start soon on 1.1.2020 xrp was $0,192667   now it is $0.226129


Title: Re: Why XRP Crash?
Post by: kasakola on December 30, 2020, 04:11:40 PM
Satti I don't know why xrp dumped. I bought some xrp a long time ago and sold some of it. But I still have some xrp I want to hold for some more time. But I don't know the exact reason why he dumped. BTC has pumped a lot now but xrp has pumped a lot. Give the exact reason.thank you everyone.



Title: Re: Why XRP Crash?
Post by: pungopete468 on December 30, 2020, 04:15:08 PM
The reason is because the SEC sues the XRP and the exchange website that will going to remove or disable the trading of the XRP. Well I'm not really sure where would the XRP is going looks like from $0.7 or $0.8 to $0.2 that's really a huge crash for XRP.


Title: Re: Why XRP Crash?
Post by: ene1980 on December 31, 2020, 12:00:13 AM
The reason is because the SEC sues the XRP and the exchange website that will going to remove or disable the trading of the XRP. Well I'm not really sure where would the XRP is going looks like from $0.7 or $0.8 to $0.2 that's really a huge crash for XRP.
It is a fact that SEC has fined them and we saw a momentarily correction and i thought that was the end of the centralized Ripple but the price keeps on rising which is crazy on subsequent days and that too when most of the exchanges are planning to remove them from their exchanges on fears of getting punished by the SEC for allowing or facilitating them and Coinbase announced that they are removing it.


Title: Re: Why XRP Crash?
Post by: terrific on December 31, 2020, 12:04:20 AM
It is a fact that SEC has fined them but the price keeps on rising which is crazy
After the SEC announcement, it plunged a lot.
Yes, it has recovered but not a lot. But once those exchanges have said they'll stop trading XRP, we will see a huge impact on it.
We expect that it will start to go down.


Title: Re: Why XRP Crash?
Post by: Houdini76 on December 31, 2020, 01:17:12 AM
When the Whole market Especially BTC Is Stable While XRP Feels Bloodish. Any Reason?


Retail investors were involved in the Scam and were deceived. XRP is an unregistered security that Ripple trades it illegally. It turns out that the organizers deliberately received more than $1.3 billion in funding from investors, knowing that in fact they are scammers. :-[

Are you a employee of the SEC  ;D. Firstly XRP is seen as a crytocurrency in every other country it trades in , including the UK. It is only in the US where they are having this issue, where it is being claimed XRP is a security. They have not broken any laws in those countries and continue to operate. Ripple/XRP could have settled this lawsuit out of court , but chose NOT to. They feel they will win and when they do the price will moon.


Title: Re: Why XRP Crash?
Post by: Houdini76 on December 31, 2020, 01:24:26 AM
I think the XRP price has been dumped due to de-listing of some XRP news and some exchange XRP.
If anyone knows more details, please let me know
XRP price is experiencing a huge dumped because the securities regulators accused Ripple of issuing worth billions of dollars in unregistered tokens, that is why most exchanges have delisted and fully suspend trading in XRP. It is also why many people who holds XRP are currently having problems facing their huge losses.

If people can HOLD their XRP then they should lose nothing because the price should recover eventually. This lawsuit could come to a conclusion quicker than people think. Look at the huge companies that have been sued by the SEC - Amazon, Tesla, Microsoft, AIG, Apple, General Electric and they all succeeded.


Title: Re: Why XRP Crash?
Post by: sulis sudibyo on December 31, 2020, 01:42:17 AM
https://support.binance.us/hc/en-us/articles/1500000956801

oh shit, binance is finally following in the footsteps of Coinbase and other exchanges. there is no more reason to hold onto this coin. but I'm still confused why the price can still hold up until now.


Title: Re: Why XRP Crash?
Post by: asriloni on December 31, 2020, 06:04:26 AM
The reason is because the SEC sues the XRP and the exchange website that will going to remove or disable the trading of the XRP. Well I'm not really sure where would the XRP is going looks like from $0.7 or $0.8 to $0.2 that's really a huge crash for XRP.
XRP will go to the hell and I do believe about that. this quick rich scheme is almost the same like bitconnect done in the past. RIpple will be targeting more and more the same coins like XRP i'd bet probably XRP could be the next target.
I think that all of projects that related to the jed mccalleb and his crony will be taking down by the SEC.
SEC has been change into the its offensive mode. I heard that from credible news if SEC is preparing more legal actions against more icos that can be considered as illegal security token offering.


Title: Re: Why XRP Crash?
Post by: inoes on December 31, 2020, 06:53:24 AM
https://support.binance.us/hc/en-us/articles/1500000956801

oh shit, binance is finally following in the footsteps of Coinbase and other exchanges. there is no more reason to hold onto this coin. but I'm still confused why the price can still hold up until now.
some people still believe in XRP. unless XRP really does get out of the Top 10 coins, then that's where many will take off XRP. Especially if Binance will delist this coin, after all the influence of binance on the crypto world is so big. and maybe xrp will really become shitcoin


Title: Re: Why XRP Crash?
Post by: Becky666 on December 31, 2020, 07:08:41 AM
SEC Sues Ripple Over XRP Cryptocurrency (https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800)

The news is here. They claims that the ripple violate investor-protection laws. Combine with the latest airdrop, Ripple can not stand before a big storm like this. But I believe it will become stronger when it overcome this crisis. To me, ripple has long a strong and trust asset in the crypto world. Even if it is centralized, ripple and xrp are better than any bank
Ripple come back strong?, well, maybe after 2-3 years of battling with the SEC because this law suit against them is likely to exceed 2-3 years from now. As you have ax-ray what made SEC sue them, ripple has done more harm to investors than good, so, doesn't deserve a come back as a cryptocurrency in my honest opinion. For them to come, they should restructure their project in accordance to the rules that govern cryptocurrency and not fiat. 


Title: Re: Why XRP Crash?
Post by: Tash on December 31, 2020, 07:32:18 AM
Quote
Why XRP Crash?

No it has not, on 1.1.2020 xrp it was $0,192667  now it is $0.217376
but there is still hope that crypto can free itself from this parasite.
https://home.treasury.gov/system/files/136/PWG-Stablecoin-Statement-12-23-2020-CLEAN.pdf


Title: Re: Why XRP Crash?
Post by: trauchot on December 31, 2020, 08:51:23 AM
I understand that you missed all the news related to XRP in recent days, so the SEC will be suing XRP and therefore the XRP price is constantly falling and now it is impossible to predict what will happen to the XRP price and in general what will happen to XRP now, so invest in XRP very risky now.


Title: Re: Why XRP Crash?
Post by: Eddyc on December 31, 2020, 11:36:27 AM
I understand the reasons for the regulatory bodies but there must be a consensus or other digital body to contain and analyze this type of situation. In relation to XRP, the valuation did not correspond with the project's internal development and this sudden increase raised suspicions forcing the SEC to search the real reasons for the increase. For now XRP is being taxed as a scam scheme and until it proves otherwise the drop is welcome.


Title: Re: Why XRP Crash?
Post by: tvplus006 on December 31, 2020, 12:18:00 PM
SEC Sues Ripple Over XRP Cryptocurrency (https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800)

The news is here. They claims that the ripple violate investor-protection laws. Combine with the latest airdrop, Ripple can not stand before a big storm like this. But I believe it will become stronger when it overcome this crisis. To me, ripple has long a strong and trust asset in the crypto world. Even if it is centralized, ripple and xrp are better than any bank
Ripple come back strong?, well, maybe after 2-3 years of battling with the SEC because this law suit against them is likely to exceed 2-3 years from now. As you have ax-ray what made SEC sue them, ripple has done more harm to investors than good, so, doesn't deserve a come back as a cryptocurrency in my honest opinion. For them to come, they should restructure their project in accordance to the rules that govern cryptocurrency and not fiat. 

I assume that Ripple will be able to settle the dispute in pre-trial proceedings. Everything will depend on who will be appointed on January 20, 2021 to the post of SEC chairman by the Biden administration. All Ripple's problems are related to the former chairman of the SEC who left the post, but the new head of this organization will have to solve the problem.


Title: Re: Why XRP Crash?
Post by: Tash on December 31, 2020, 12:43:43 PM
SEC Sues Ripple Over XRP Cryptocurrency (https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800)

The news is here. They claims that the ripple violate investor-protection laws. Combine with the latest airdrop, Ripple can not stand before a big storm like this. But I believe it will become stronger when it overcome this crisis. To me, ripple has long a strong and trust asset in the crypto world. Even if it is centralized, ripple and xrp are better than any bank
Ripple come back strong?, well, maybe after 2-3 years of battling with the SEC because this law suit against them is likely to exceed 2-3 years from now. As you have ax-ray what made SEC sue them, ripple has done more harm to investors than good, so, doesn't deserve a come back as a cryptocurrency in my honest opinion. For them to come, they should restructure their project in accordance to the rules that govern cryptocurrency and not fiat.  

I assume that Ripple will be able to settle the dispute in pre-trial proceedings. Everything will depend on who will be appointed on January 20, 2021 to the post of SEC chairman by the Biden administration. All Ripple's problems are related to the former chairman of the SEC who left the post, but the new head of this organization will have to solve the problem.
.........Biden administration? Did i miss something, when did he get sworn in?


Title: Re: Why XRP Crash?
Post by: tvplus006 on January 01, 2021, 01:50:33 PM
I assume that Ripple will be able to settle the dispute in pre-trial proceedings. Everything will depend on who will be appointed on January 20, 2021 to the post of SEC chairman by the Biden administration. All Ripple's problems are related to the former chairman of the SEC who left the post, but the new head of this organization will have to solve the problem.
.........Biden administration? Did i miss something, when did he get sworn in?

The elections were held and the result is unambiguous, then there are formalities. In the previous message, I already indicated the date when the new SEC chairman will be appointed, since the current chairman's term ends on January 20.


Title: Re: Why XRP Crash?
Post by: Tash on January 01, 2021, 01:57:07 PM
I assume that Ripple will be able to settle the dispute in pre-trial proceedings. Everything will depend on who will be appointed on January 20, 2021 to the post of SEC chairman by the Biden administration. All Ripple's problems are related to the former chairman of the SEC who left the post, but the new head of this organization will have to solve the problem.
.........Biden administration? Did i miss something, when did he get sworn in?

The elections were held and the result is unambiguous, then there are formalities. In the previous message, I already indicated the date when the new SEC chairman will be appointed, since the current chairman's term ends on January 20.

MR. BIDEN WILL NOT BE SWORN IN AS PRESIDENT—HE WILL CAPITULATE!
January 20 Trumps inauguration.


Title: Re: Why XRP Crash?
Post by: bassbity on January 01, 2021, 02:04:54 PM
XRP is facing a huge problem. Problems experienced with SEC can't be overcome easily. This situation can destabilize them. If this problem is not resolved, it will negatively affect all cryptocurrency markets  :-\


learn from the past, anything that will result in or deal with the SEC will ultimately be catastrophic. when the SEC declared and questioned Ripple's side, it was a bad sign. that in the future the value and all market demand for Ripple will plummet. At the same time, the Okex platform is instead creating events and collaborating with Ripple, while other platforms are doing the same to temporarily shut down the Ripple market until problems and allegations are resolved.


Title: Re: Why XRP Crash?
Post by: Imran232 on January 01, 2021, 02:12:09 PM
When the Whole market Especially BTC Is Stable While XRP Feels Bloodish. Any Reason?


I think you do not know about this topic. Why xrp coin price is crush? There was the biggest news when coinbase announced that they will suspend trading of ripple coin from their exchange and the reason is usa sec regulations. After that we see this huge price dump on this coin. Not only that after this dump xrp ceo announced do not need to worry it will be fixed very soon. In that time bittrex exchange also announced they will also delist the coin. After that it is in too much dump. Now all the xrp holder scared about binance. If binance will delist the coin what will be happen to xrp? Now lets see what news comes upcoming days.


Title: Re: Why XRP Crash?
Post by: Argoo on January 01, 2021, 05:21:37 PM
XRP is facing a huge problem. Problems experienced with SEC can't be overcome easily. This situation can destabilize them. If this problem is not resolved, it will negatively affect all cryptocurrency markets  :-\


learn from the past, anything that will result in or deal with the SEC will ultimately be catastrophic. when the SEC declared and questioned Ripple's side, it was a bad sign. that in the future the value and all market demand for Ripple will plummet. At the same time, the Okex platform is instead creating events and collaborating with Ripple, while other platforms are doing the same to temporarily shut down the Ripple market until problems and allegations are resolved.
The problems that the Ripple network is currently having should not negatively impact any other cryptocurrencies. After all, the SEC has no claim to the issuance and circulation of XRP, but only to the first persons of this company who have made illegal financial transactions with this coin. The trial is likely to be long and is likely to end with the imposition of large sums of fines on those responsible. However, I can see that ripple is already growing slightly in price after a sharp drop to $ 0.19. Now its price is almost $ 0.25.


Title: Re: Why XRP Crash?
Post by: terrific on January 02, 2021, 06:19:36 PM
It is a fact that SEC has fined them but the price keeps on rising which is crazy
After the SEC announcement, it plunged a lot.
Yes, it has recovered but not a lot. But once those exchanges have said they'll stop trading XRP, we will see a huge impact on it.
We expect that it will start to go down.
The decline has occurred in recent days, and major exchanges have started to remove XRP, maybe there will be some exchanges that follow other exchanges to delete, already confirmed that XRP will decline again and it will be difficult for them to return to normal prices
Coinbase was the latest to have it removed.
I think it is becoming stable after all of those news and there will be a huge surprise for most investors of it. It doesn't move upwards anymore despite other coins are making their moves up.


Title: Re: Why XRP Crash?
Post by: TastyChillySauce00 on January 03, 2021, 05:28:12 AM
Ripple is going through a very difficult time. Investing in Ripple right now is like gambling. Ripple is also an unstable coin in normal times.
They will be more unstable during this period due to the SEC. Maybe you can trade but you have to accept the losses  :-\
for now trading xrp is very risky, for sure xrp will decline again, so it is better to have trading other coins, so as not to get a big enough loss, due to a sharp decline many people have lost even some of my friends still hold xrp

In time of volatility, it is good idea to peg your balance into stable coins like USDT, DAI, USDC. But if someone failed to perk his balance into stable coins somehow, he can repurchase more of xrp for the reduction of cost price and wait for next bull run.
When that guy was re-purchasing XRP coin and his money will decrease even deeper than before considering the bearish trend that's happening with ripple. It's the worst decision that can be taken by anyone. They have a chance to get more from investing their money into another coin rather than still trying to hold XRP as their bet.
People can do even better rather than try to bet all of their life into the XRP.


Title: Re: Why XRP Crash?
Post by: Twinkledoe on January 03, 2021, 06:26:28 AM
Ripple is going through a very difficult time. Investing in Ripple right now is like gambling. Ripple is also an unstable coin in normal times.
They will be more unstable during this period due to the SEC. Maybe you can trade but you have to accept the losses  :-\
for now trading xrp is very risky, for sure xrp will decline again, so it is better to have trading other coins, so as not to get a big enough loss, due to a sharp decline many people have lost even some of my friends still hold xrp

In time of volatility, it is good idea to peg your balance into stable coins like USDT, DAI, USDC. But if someone failed to perk his balance into stable coins somehow, he can repurchase more of xrp for the reduction of cost price and wait for next bull run.
When that guy was re-purchasing XRP coin and his money will decrease even deeper than before considering the bearish trend that's happening with ripple. It's the worst decision that can be taken by anyone. They have a chance to get more from investing their money into another coin rather than still trying to hold XRP as their bet.
People can do even better rather than try to bet all of their life into the XRP.

It is their money so you can't do anything about that. One can just give piece of advice but at the end of the day, it is still the holder that will decide on his portfolio. XRP's future right now is still hazy and we don't know how long their problem with SEC will continue. Or will it ever be resolved and live happily ever after? We have no idea. But buying XRP right now, is a very dangerous move. Better buy btc even if it is quite expensive these days. At least you know, btc market is still going strong.


Title: Re: Why XRP Crash?
Post by: Miaallen on January 04, 2021, 02:12:24 PM
I'm sure it will be back after the litigation with the SEC. I just pity those panic sellers who recently invested in it when the price for airdrop snapshot as they must have lost lots of money to this. But thing will be back to normal, just that it might not be quickly.


Title: Re: Why XRP Crash?
Post by: jademaxxiss012 on January 04, 2021, 02:36:19 PM
I saw it too that XRP crashes. I do believe just like others had say that XRP is a centralized coin. And that the supply could be adjusted like adding some of it I do not really know but sounds like it was happening and that is why XRP market price falls down due to high supply added. I think they had plan something ahead and that we do not okow what will going to happen with XRP over the period of time.


Title: Re: Why XRP Crash?
Post by: VanityWallets2015 on January 04, 2021, 03:07:03 PM
I am a little bit late of the news I think it's because of the exchange that close the trading of XRP such as the Coinbase.
I was going to invest to Ripple during that week when I heard the news about the XRP being sued by the SEC and I've seen some post here that says the XRP is the biggest scam
in cryptocurrency history, I don't actually know the technical details about it being a centralized but I think right now XRP is not a good choice if you are going to invest.


Title: Re: Why XRP Crash?
Post by: zasad@ on January 04, 2021, 03:18:43 PM
https://twitter.com/CryptoWhale/status/1344834716202102787
"BREAKING: Grayscale Trust has made their largest purchase of $XRP ever after scooping up another 12.48 million coins on New Years Eve after massive panic sell off."
https://i.ibb.co/gWPDMj3/Eqn-P7-Kd-WMAAG4-SK.jpg (https://ibb.co/QHC6Fbf)
There will be a trial in February and there will be new news. It is possible that the coin's price will rise



Title: Re: Why XRP Crash?
Post by: Tash on January 04, 2021, 03:29:30 PM
I saw it too that XRP crashes. I do believe just like others had say that XRP is a centralized coin. And that the supply could be adjusted like adding some of it I do not really know but sounds like it was happening and that is why XRP market price falls down due to high supply added. I think they had plan something ahead and that we do not okow what will going to happen with XRP over the period of time.

Supply is adusted and fixed and manipulated, almost 5% inflation last year

DateSupplyIncreaseInflation
2013-12-297 817 889 792
2014-12-2830 978 075 20023 160 185 408296,25%
2015-12-2733 537 439 9332 559 364 7338,26%
2016-12-2536 003 596 4822 466 156 5497,35%
2017-12-3138 739 144 8472 735 548 3657,60%
2018-12-3040 794 121 0662 054 976 2195,30%
2019-12-2943 319 477 6132 525 356 5476,19%
2020-12-2745 404 028 6402 084 551 0274,81%


Title: Re: Why XRP Crash?
Post by: judeafante on January 04, 2021, 03:41:48 PM
When the Whole market Especially BTC Is Stable While XRP Feels Bloodish. Any Reason?

Obviously, you are not aware of what's happening to Ripple and I have this feeling that you are not a holder either because if you do you already know that SEC filed a suit on Ripple, this is the reason why Ripple is going down, and it might not survive before the end of the year if they do not play their card right.


Title: Re: Why XRP Crash?
Post by: sallybein987 on January 13, 2021, 09:06:13 PM
XRP still losing positions.
To-date, exchanges and platforms that have halted or plan to halt trading and depositing for U.S customers include:

Beaxy – Suspended trading until further notice. Withdrawals will remain enabled until further notice.

Binance – Delist on 13th January.

Bitstamp – Suspend on 8th January.

Bittrex – Removal on 15th January 2021.

Bitwise – Liquidated its XRP position under its own crypto index fund.

B2C2 – Suspended trading until further notice.

Coinbase – suspension to begin on 19th January 2021.

Crosstower – Suspended trading until further notice.

Crypto.com – suspension to begin 19th January 2021.

Galaxy Digital – Suspended trading until further notice.

Genesis – Suspension to begin 15th January 2021.

Jump Trading – Suspended trading until further notice.

OKCoin – Suspension to begin on 4th January.

OSL – Suspended trading until further notice.

Simplex – Simplex partners have blocked the purchase of Ripple’s XRP with Simplex integration. These partners include but are not limited, to Binance, Huobi, KuCoin, and BitPay.

Swipe Wallet – Delisting for U.S customers on 5th January.

Wirex – Exclude Ripple’s XRP.

Ziglu – suspension to begin on 12th January 2021.


Title: Re: Why XRP Crash?
Post by: malcovi2 on January 13, 2021, 11:18:23 PM
XRP hodlers would be like this (https://www.youtube.com/watch?v=4tgrV-hHDZg) in the near future.


Title: Re: Why XRP Crash?
Post by: HoweyFeeling on January 13, 2021, 11:25:10 PM
Here's our legal analysis of why XRP is totally screwed: https://howeyfeeling.medium.com/what-the-ripple-complaint-tells-us-about-ico-tokens-afe3c36f100f


Title: Re: Why XRP Crash?
Post by: plr on January 14, 2021, 02:01:12 AM
The main reason why XRP is having its bearish momentum and falling down trend is because of its on-going lawsuit against US SEC but if I am not mistaking this case will be done within next week. Another reason of it is because plenty of US base exchanges decided to suspend or even delist XRP in their market which made hodlers decide to sell their xrp and because of this selling the market price of it goes down and fall really hard even plenty of cryptos are having its bullish run.

Discussion about Ripple will not go away as long as the case is not settle, the price is still good in the market, that's because they have a strong community that they've build for a long time and they also have partnership, how long can they weathered the storm, we don't know all I know is holders should always aware of the situation, and they know the risk of holding Ripple.


Title: Re: Why XRP Crash?
Post by: metenjean on January 14, 2021, 02:59:46 AM
The main reason why XRP is having its bearish momentum and falling down trend is because of its on-going lawsuit against US SEC but if I am not mistaking this case will be done within next week. Another reason of it is because plenty of US base exchanges decided to suspend or even delist XRP in their market which made hodlers decide to sell their xrp and because of this selling the market price of it goes down and fall really hard even plenty of cryptos are having its bullish run.

Discussion about Ripple will not go away as long as the case is not settle, the price is still good in the market, that's because they have a strong community that they've build for a long time and they also have partnership, how long can they weathered the storm, we don't know all I know is holders should always aware of the situation, and they know the risk of holding Ripple.
Still waiting today the deadline for many exchange will delist ripple or not on their market, if not delist ripple coin I think just drama playing by ripple coin owner and make many investor loss by selling with lower price, I think today if any exchange market like coinbase, binance US, Bittrex and Bitamp still have ripple on trading list so they have make manipulation about ripple coin and give bad trouble for many investor have loss much money with ripple coin.


Title: Re: Why XRP Crash?
Post by: Banulit on January 14, 2021, 04:17:43 AM
The main reason why XRP price falls down and crashed for about a month now is because of its on-going lawsuit case against the US SEC which tend to make hodlers of this coin became afraid of lossing their funds which lead them to panic selling. But if ripple wins the case it will definitely a big boost to it and we will definitely see a new ATH for xrp.


Title: Re: Why XRP Crash?
Post by: crazy-pilot on January 15, 2021, 04:43:25 PM
Thats why


Grayscale Investments Begins Dissolution of Grayscale XRP Trust After SEC Suit

Grayscale Investments, the world’s largest digital currency asset manager and sponsor of Grayscale XRP Trust, announced it has begun dissolution of the Trust following the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs for selling the XRP token.

Source here: https://www.coindesk.com/grayscale-investments-begins-dissolution-of-grayscale-xrp-trust-after-sec-suit




Title: Re: Why XRP Crash?
Post by: Cling18 on January 15, 2021, 04:48:00 PM
I understand that you missed all the news related to XRP in recent days, so the SEC will be suing XRP and therefore the XRP price is constantly falling and now it is impossible to predict what will happen to the XRP price and in general what will happen to XRP now, so invest in XRP very risky now.
Yes, for now XRP has become a bad choice for investment, so for people who are not aware of the XRP token case, it is better to stay away from the XRP token for a while, because this is for the sake of better consideration.

It's now hard to take the risk of investing with XRP because of the lawsuit filed against it. We don't know if they could still fix this issue but so far, the price is still in a good shape. For now, it's better to invest with other potential altcoins because XRP couldn't assure consistency in the future because of its current case.


Title: Re: Why XRP Crash?
Post by: Tash on January 15, 2021, 04:53:57 PM
I understand that you missed all the news related to XRP in recent days, so the SEC will be suing XRP and therefore the XRP price is constantly falling and now it is impossible to predict what will happen to the XRP price and in general what will happen to XRP now, so invest in XRP very risky now.
Yes, for now XRP has become a bad choice for investment, so for people who are not aware of the XRP token case, it is better to stay away from the XRP token for a while, because this is for the sake of better consideration.

It's now hard to take the risk of investing with XRP because of the lawsuit filed against it. We don't know if they could still fix this issue but so far, the price is still in a good shape. For now, it's better to invest with other potential altcoins because XRP couldn't assure consistency in the future because of its current case.
And exactly what kind of recherché did you apply to come to that conclusion?  Is it looking 3 times on cmc, yeh scam still operation all good?


Title: Re: Why XRP Crash?
Post by: shoreno on January 15, 2021, 04:59:14 PM
I understand that you missed all the news related to XRP in recent days, so the SEC will be suing XRP and therefore the XRP price is constantly falling

and now it is impossible to predict what will happen to the XRP price and in general what will happen to XRP now, so invest in XRP very risky now.
not impossible but it is now possible to predict if where will xrp go . its either price goes down throughly or xrp will be no more because trading platforms are on their way of switching off the xrp's plug .

 its risky that it has the same risk as investing in new coins but investing in new coins are i think much better because they dont have a case like xrp and there are no bad records with them . only my opinion but if if they want they can still continue risking what they have on ripple


Title: Re: Why XRP Crash?
Post by: Fredomago on January 15, 2021, 05:33:24 PM
I understand that you missed all the news related to XRP in recent days, so the SEC will be suing XRP and therefore the XRP price is constantly falling

and now it is impossible to predict what will happen to the XRP price and in general what will happen to XRP now, so invest in XRP very risky now.
not impossible but it is now possible to predict if where will xrp go . its either price goes down throughly or xrp will be no more because trading platforms are on their way of switching off the xrp's plug .

 its risky that it has the same risk as investing in new coins but investing in new coins are i think much better because they dont have a case like xrp and there are no bad records with them . only my opinion but if if they want they can still continue risking what they have on ripple

Still unsure as this issue about SEC still unresolved. Without any further information more and more holders will be moving away,
the delisting of exchange also affects the current price of this coin.

If there are more exchange to show no more interest and completely removed this pair from their platforms, expect to have more downfall.

It's ain't easy to gamble your money with this project as SEC can completely ruined the
future of this project if there's no further related solution from the developing team.


Title: Re: Why XRP Crash?
Post by: Tash on March 07, 2021, 02:23:44 PM
Because this crypto joke is a rocky horror show
https://bitcointalk.org/index.php?topic=5302931.msg55993973#msg55993973


Title: Re: Why XRP Crash?
Post by: Argoo on March 07, 2021, 02:40:56 PM
Right now XRP have issues now and I think it will going to down more XRP because of the issues it faces.
I have some XRP and I will still hold it because maybe it will fix the problem and I hope as soon as possible.
The Ripple investors will going to sell their XRP it is really cause dumping prices and other trust will lost for sure.
Nothing bad will happen to Ripple anyway. The SEC's claim does not apply to the legality of the circulation of this cryptocurrency, which means it will continue to exist anyway. Even if we look at the price of this coin, after the information about this lawsuit, as a result of panic, it fell to $ 0.28, and now its price is $ 0.46. Whether the SEC wins the lawsuit or not, ripple will rise in value after that.


Title: Re: Why XRP Crash?
Post by: sana54210 on March 07, 2021, 06:13:32 PM
The factor for the decline in XRP prices occurred after the United States Securities and Exchange Commission (SEC) accused Ripple of illegally offering XRP. many parties are worried about the future of XRP so that the interest in XRP is decreasing.
That was the initial reason, because let's face it when something is investigated by SEC that will drop the price no doubt, it was always bound to drop and that was the starting fire of it. However we have realize that SEC lit the fire but there was some wood to be burned there, if there was nothing at all this wouldn't have been a problem for XRP at all, if people weren't sure about what Ripple was doing, they wouldn't get out, but people didn't know and they were afraid which tells me that Ripple was never a serious company, if they were one, they wouldn't let things get to this level.

It shows me that people always knew that XRP was a "fake" coin that was centralized and in danger of being bad, and as soon as SEC started their deal, people got out because they knew that there will be something wrong found in the investigation.


Title: Re: Why XRP Crash?
Post by: guydin on March 11, 2021, 09:01:24 PM
It's strange that people still ask such questions about Ripple. The company tarnished its reputation and lost the confidence of large investors. It seems to me that the XRP coin is kept in the rating only thanks to single traders who do not give up hope.

But to be honest, I do not believe that Ripple will be able to regain its former popularity. People will no longer trust XRP, they will question the integrity of the project. But maybe I'm wrong, I just need to wait until the end of this whole trial.


Title: Re: Why XRP Crash?
Post by: BaeSuzy on March 13, 2021, 09:28:19 AM
As far as i know XRP currently not listed on US exchange anymore because they have a problem with SEC and i think it will take a long time to come to conclussion. And seems like it's going to have a bad results.


Title: Re: Why XRP Crash?
Post by: jjdub7 on March 13, 2021, 10:13:06 AM
The only reason for Ripple's collapse, in my opinion, is due to involvement in lawsuits. XRP has raised many doubts. However, Ripple maintained its position, denying all allegations made in the complaints.

The SEC filed the lawsuit in December 2020 and said the company had illegally raised $ 1.3 billion through the proposal. The lawsuit shook the crypto space and led to the collapse of the price of XRP. Since then, however, the value of the token has decreased.

https://i.imgur.com/7iweq8u.jpg

Retail investors have also filed lawsuits against Ripple. This includes even one investor who lost $ 48. Like previous complaints, the lawsuit alleges that Ripple failed to register XRP as a security.

The main complaint in the case is that the cryptocurrency XRP violates the Securities Act of 1933. Ripple's defense is that XRP serves purposes that invalidate its classification as a security. The declaration cites the function of the token as a medium of exchange and therefore the SEC has no power to regulate it.

All these developments put Ripple between the hammer and the anvil. Meanwhile, many investors are holding their XRP pending a final verdict. The consequences of a failed defense may or may not have a global impact. It is estimated that 95% of Ripple's customers are outside US jurisdiction.


Title: Re: Why XRP Crash?
Post by: FrozenBit on March 13, 2021, 10:30:18 AM
I thought people would think differently about it while it was still in the market and bounced back from that incident. If I look from that point until now, I have no fear of the existence of XRP in this market. And as things cool down, people will see it break $1 and beyond.


Title: Re: Why XRP Crash?
Post by: criket on March 13, 2021, 10:41:40 AM
I thought people would think differently about it while it was still in the market and bounced back from that incident. If I look from that point until now, I have no fear of the existence of XRP in this market. And as things cool down, people will see it break $1 and beyond.
that is if Ripple wins its case.
it is not a simple case. it's been proven to drive the ripple market in a ravine. it took an even harder struggle to rebuild their market. but before that, they had to solve their main problem.


Title: Re: Why XRP Crash?
Post by: Bordijo on March 17, 2021, 12:05:15 AM
It's strange that people still ask such questions about Ripple. The company tarnished its reputation and lost the confidence of large investors. It seems to me that the XRP coin is kept in the rating only thanks to single traders who do not give up hope.
But to be honest, I do not believe that Ripple will be able to regain its former popularity. People will no longer trust XRP, they will question the integrity of the project. But maybe I'm wrong, I just need to wait until the end of this whole trial.
Man, sometimes it’s necessary to look on the date of the thread but not only on its title. This thread was started at December, 24 by a newbie when the news that SEC sues XRP only came out. Nevertheless XRP is still with an uncertain fate, in limbo. Let’s wait until the end of the trial.


Title: Re: Why XRP Crash?
Post by: matchi2011 on March 21, 2021, 09:48:17 AM
We will find out what fate awaits Ripple, presumably by the end of the summer, when the trial is over. At the same time we will find out in whose favor the verdict will be.

I sold my XPR coins a long time ago, because I don't want to be even more disappointed if the decision is in favor of the SEC.

Still relies with how this trial ends up, for people who don't want to wait best to sell your assets and find other coin to invest
your money, it will remove you from minding this project.

For those who still looking positively, especially those holders who have a high hopes that ripple is capable resolving this issue
in favor on their side, holding still essential.


Title: Re: Why XRP Crash?
Post by: Ozero on March 22, 2021, 05:14:57 PM
We will find out what fate awaits Ripple, presumably by the end of the summer, when the trial is over. At the same time we will find out in whose favor the verdict will be.

I sold my XPR coins a long time ago, because I don't want to be even more disappointed if the decision is in favor of the SEC.
I just saw ripple go up to $ 0.59, even though it was $ 0.50 in the morning. I thought that something had changed in a positive direction about the SEC lawsuit. Over the course of the day, the price of this coin has risen by 17 percent, and over the last week by 36 percent. This is against the background of the fact that now the price of bitcoin and ethereum has even declined for several days.
Even if Ripple Labs loses this lawsuit, I still don't think that this will noticeably affect the price of ripple itself.


Title: Re: Why XRP Crash?
Post by: Bilgent on March 30, 2021, 05:16:07 PM
Actually you can googling easily to search a news related to anything you want. You can read in this article [1] it's possible XRP is crashes due to faces lawsuit or sue from US. Anyway XRP aren't worth to take top 4 places in entire cryptocurrencies, since it's not decentralized as cryptocurrencies should be.


[1] https://www.aljazeera.com/economy/2020/12/22/ripple-says-it-faces-sec-lawsuit-as-cryptocurrency-xrp-drops

Even if they wouldn't be facing a lawsuit, actually I have a very little expectation from XRP's price to increase at a great rate in the future. It went up to an awesome level 3 years ago and reached $3.84 which was really great. But now, XRP is not showing the same performance even though there is a boom in the market.


Title: Re: Why XRP Crash?
Post by: kentrolla on March 30, 2021, 05:32:12 PM
Well this sad story will keep continue unless the SEC gives green signal to XRP, tons of investors are desperately waiting to see a positive news from the Court. But unfortunately there is no any positive signs to proceed further, To me it looks like the bullish trend might end and the case will be keep on going.

I would love to see a the price of XRP goes up let's wait and see how it goes. I believe it may favor the public fund.




Title: Re: Why XRP Crash?
Post by: soenan on April 18, 2021, 11:33:22 AM
I think one of the main roots causes why XRP Crash is because of being sued by SEC. Not only that, a number of trading exchanges have decided to temporarily suspend XRP trading


Title: Re: Why XRP Crash?
Post by: LUCKMCFLY on April 22, 2021, 07:36:08 PM
Currently XRP there are many rumors that it may go down in price due to the demand from the SEC, in the latest news it is known that there is a new compliance director as the fight with Ripple continues, because even though the XRP community has When asked to cease and withdraw the lawsuit, the new director continues with the case looking for a way for the court to prevent Ripple from having its internal communications.

Quote
SEC chairman Gary Gensler claims that her experience will help to make sure that the SEC protects investors:

Alex brings to the role of Director the right combination of values and experience to vigorously root out wrongdoing in our markets.
Source: https://u.today/sec-names-new-director-of-enforcement-as-fight-with-ripple-continues (https://u.today/sec-names-new-director-of-enforcement-as-fight-with-ripple-continues)

Still I think the price will not fall, a crash will not occur.


Title: Re: Why XRP Crash?
Post by: Christabel247 on April 22, 2021, 11:31:44 PM
Having you recently dive into it now, it is perfectly at the  positive side of the market after some torment. Today everyone is happy about the increase.


Title: Re: Why XRP Crash?
Post by: ChaoChibai on April 24, 2021, 06:50:09 AM
I think one of the main roots causes why XRP Crash is because of being sued by SEC. Not only that, a number of trading exchanges have decided to temporarily suspend XRP trading
Yeah i think so.. this is the reason of the crashing of XRP. But if we look at the coinmarketcap XRP price in the mid of this month was almost $2. But now the price is decreasing and I hope this is just temporary.


Title: Re: Why XRP Crash?
Post by: Evgenklm on April 24, 2021, 07:46:38 AM
because XRP has recently had a lot of problems with the authorities and in particular with the SEC, although they previously received a positive result for the last court hearing, but I would not be surprised that the SEC can find new opportunities and means to involve XRP in a new court case.


Title: Re: Why XRP Crash?
Post by: Kocret02 on April 24, 2021, 03:34:29 PM
Well this sad story will keep continue unless the SEC gives green signal to XRP, tons of investors are desperately waiting to see a positive news from the Court. But unfortunately there is no any positive signs to proceed further, To me it looks like the bullish trend might end and the case will be keep on going.

I would love to see a the price of XRP goes up let's wait and see how it goes. I believe it may favor the public fund.



The bullish trend is not over yet, friends, for XP it looks like it takes time to be bullish, it's just that when the time is not yet known. because now xrp has a lot of potential and has a fanatical fan. I don't think it is possible for the XRP to have a bullish end this season


Title: Re: Why XRP Crash?
Post by: Benefactor on April 25, 2021, 04:26:44 AM
XRP airdrop is finished, numerous who contributed due to the airdrop are unloading, something more, the report about SEC skipping on XRP may fear. Wave has encountered great value enhancements, despite the fact that now it has encountered a decay once more, so it glances entirely unsteady in all business sectors, and even so Ripple is as yet in a decent classification despite the fact that the cost is frequently shaky under ordinary conditions.


Title: Re: Why XRP Crash?
Post by: Congyang on April 26, 2021, 04:28:53 PM
Maybe it was a factor in legal issues that hit XRP with the SEC that made XRP's price crash. Many predictions argue that if the legal issue of XRP is resolved and get a satisfactory result the XRP can fly very high. but i think there are other factors too that make xrp crash


Title: Re: Why XRP Crash?
Post by: Fredomago on April 26, 2021, 04:34:17 PM
Maybe it was a factor in legal issues that hit XRP with the SEC that made XRP's price crash. Many predictions argue that if the legal issue of XRP is resolved and get a satisfactory result the XRP can fly very high. but i think there are other factors too that make xrp crash

Aside from that SEC legal issue there are many factors that might affect this coin, the case of being centralized and being controlled by the team behind, the price can easily manipulate and that's why the fear around each investors are high.

Before investing you need to deal with your reseach you need to know what are those factors that really affecting the project.

From there, you can assess whether to go long or just a quick ride. DYOR to lessen the risk of your investment as always.


Title: Re: Why XRP Crash?
Post by: DU18 on April 26, 2021, 07:15:01 PM
Maybe it was a factor in legal issues that hit XRP with the SEC that made XRP's price crash. Many predictions argue that if the legal issue of XRP is resolved and get a satisfactory result the XRP can fly very high. but i think there are other factors too that make xrp crash
I think the main factor that caused the XRP price to fall was the lawsuit from the SEC against Ripple Labs, which made many investors and traders afraid so that they sold XRP in large amounts and the impact was a drastic drop in prices at that time, especially several large exchanges such as coinbase announced to remove XRP from their trading list and this is the reason XRP crashed but now it looks like XRP has started to be in a pretty positive trend and it looks like investor confidence in XRP is starting to grow back.


Title: Re: Why XRP Crash?
Post by: CoinFoxs on April 26, 2021, 07:23:03 PM
Ripple was trading at 4$ back in 2017-18 so it is predicted that it will again cross 4$ milestone so there is a chance to make some real profit from xrp. Ripple improves and again trading among top 10 cryptocurrencies and xrp has great potential to make its all time high price. Hold your ripples and wait for it’s pump, the time is near don’t panic by seeing red market good time will come after bad time. Hold now and enjoy later!


Title: Re: Why XRP Crash?
Post by: go4crypto on April 26, 2021, 08:54:12 PM
XRP is just biding its time until some kind of settlement with SEC is there. It will go to new highs once SEC case is out of the way. It is in top 5 ranked coins for a reason.


Title: Re: Why XRP Crash?
Post by: CryptoCrookz on April 26, 2021, 09:48:53 PM
Just curious, what would this reason be? Are there any fundamentals behind XRP being one of the highest valued coins?

XRP is just biding its time until some kind of settlement with SEC is there. It will go to new highs once SEC case is out of the way. It is in top 5 ranked coins for a reason.


Title: Re: Why XRP Crash?
Post by: usaha jaya on August 29, 2021, 04:32:51 PM
I don't know why XRP can be damaged, but indeed in the last few days there have been several crypto assets that have gone down, one of which is XRP which can be said to be quite bad. I've bought some XRP before so I need some input on this.

If anyone knows, please let me know