Bitcoin Forum

After coinbase and Okcoin announcement, bittrex is also removing XRP on 15 January 2021 announced here- https://bittrex.zendesk.com/hc/en-us/articles/360054838991-XRP-Market-Removal-January-15-2021
Just wondering, why Kucoin has created a competition for deposit and trade XRP on their platform.

If this continues soon XRP will have no value

Maybe XRP paid KuCoin to hold this competition, but yes. this is very dangerous for KuCoin's reputation
https://www.kucoin.com/news/en-for-blockchain-trade-deposit-xrp-on-kucoin-to-share-100000-usdt

Here they go.

The other popular exchanges started to show what are their decision towards this lawsuit for XRP. And here they are, removing XRP after those who had made their decisions. I've also noticed the kucoin announcement with the depositing and trading of XRP and the chance to win USDT.

I guess XRP has found some exchanges to be with them even during this hot lawsuit issue that they have.

Maybe this could be something personal on their end before other exchanges fully halt the operation with XRP. They will dump it all at once with those traders that would join this contest. That's just my wild guess.

after this what other exchanges will Coinbase follow. I predict Poloniex or Kraken will do the same. or maybe all the big exchanges will. ripple is done for, and it's hard to come back if this becomes real.

Does look like XRP paid them to host the competition to keep them relevant in the market and have trade volumes. But the reward distribution looks weird. I mean someone with lots of XRP can literally claim majority of the reward.
I am sure they tried contacting other exchanges too, but they denied. Truly sad to see they have to take such measures. With Bittrex also announcing the delisting of XRP, the price is going to go down even further more!

Exchanges started to remove this ponzi coin to exchanges if I remember it correctly the Coinbase too stops the trading of XRP well that's really very alarming for all the investors I think it's much better if they get rid of this coin and invest to other cryptocurrrency.

Maybe it's done to gain more customers/attentions from asian countries or a paid promotion to stable the price in this current situation. From their recent press release, they clearly mention that most of the customers aren't from USA.  Maybe it's not the end.

Ripple Press Release: https://ripple.com/insights/our-statement-to-recent-market-participant-activity/

Soon all exchange must remove $XRP to save from trouble with XRP legal problem facing right now. If the lawsuit filed against them finish. They are force to stop trading on regular exchange. Until now, the market for Security token is so limited. This will the greatest upset for XRP holders.

Leaving XRP is the best solution to avoid this mess or trap on a coin with zero exchange.

Few exchanges will still stand with XRP till the end, it's really a shame to see few top exchanges delisting XRP, what are they thinking? XRP won't go down without a fight, that's my own believe, XRP isn't a small project that got ranked over top 10 on coinmarketcap for nothing, if XRP win this challenge it will be very good, XRP isn't going zero

Bittrex is another big exchange that has to suspend XRP trading pairs in fear of legal terms with SEC. Soon surely bigger exchanges will delist XRP pairs in the next few weeks. I already saw this coming but there is one thing that is bothering me, Why they will wait until next year if they can do it now? Is there any kind of news coming from Ripple team?

It's because they want to give traders enough time to withdraw or sell their XRP. Not everyone has access to their exchange 24/7 so it's pretty reasonable that they wait until next year before they delist. Probably after delist, they'll also remove the XRP wallet from their exchange.

If this goes on XRP market cap will get plumetted in no time. Big exchanges has now started delisting it and I doubt exchange out there gonna take the risk tarnishing their repuation if things goes south.
But some said it the lawsuit won't affect XRP in outside US market though, but I honestly really doubtful about that, US influence is worldwide.

There is no two ways about it, XRP will lose a whole lot from now till 15 January, this is because, exchanges plays a vital role in the growth of a coin as it bring more trading volume and more exposure to potential users, which then means that, as exchanges delist a coin, it creates fud or panic in the minds of users and that forces them to sell sometimes even at loss just to reduce the chances of losing more. Therefore having this in mind, the delisting from these exchanges will cause more price drop, and as more exchanges release their own news about delisting, it will add more fire thus causing more holders to sell. Lastly, in the case of Kucoin, launching a competition, well I do not know what their team was thinking but I think I it is an expensive endeavour which might backfire on them at the same time, it could mean some exchanges like Kucoin will stand with XRP to help them at least retain a certain value.

true, if this situation continues, it will certainly make the XRP price fall again and of course it will make investors very lose and slowly there are no more investors who believe in XRP is there a solution to this problem already? I personally didn't think that top coin could get bad news like this

not it will not. I think XRP will become stronger after all these backlash they are having. and they are coming mainly from US Based exchanges.




No it is not because XRP paid kucoin. it is because Kucoin is not a US based exchange. it's a korean based exchange (according to my knowledge) and they know that this is the best opportunity for them to adopt XRP now and provide XRP investors a shelter. because that will make them huge profit in coming days.

More and more top cryptocurrency exchanges are delisting XRP and it is worth fearing something very bad, but of course I think scam exchanges will not delist XRP, but this will not help XRP, so think carefully before investing in XRP, because we do not know what will happen now with XRP.

I do not think that delisting is the right thing to do because thousands of holders and investors are badly effected by delisting, they should just disable the trading for now and give some time to ripple team to clear and settle the issues, delisting news just creates fud and panic.

SEC is a very strong security institution in America, they went after telegram and facecebook and defeated them, making there intention through. They can be very selfish and protective of there citizens, I think most of the delist news from exchanges is to stay away from anything that could bring SEC close to them. The delisting from most of the exchanges has started with end to trading of any kind with XRP. I dont believe XRP can recover from it, it is likely the end of the project and the team behind it, it will soil their name and record forever.

Well, if those exchanges, including Binance, will suspend trading on XRP, I see no purpose in holding this coin. But for conspiracy theories lovers, this might be an effort to dump XRP so whales could buy this coin as cheap as possible. ;D What will you guys do if the price goes to $0.05 or lower?

It's rare to be seen when the OKCoin group, Bittrex, and others all agree to suspend XRP. Will we see a mother of all dumps?

Quite unfortunate for those investors who are still holding and hoping that XRP will bounce back after what is happening right now.

It started when 4 not so popular exchanges delisted it and then the others did the same too. I'm still waiting for the final blow and that is Binance delisting XRP and when that will happen possible next month at most then it will be over for this coin. I commend the team though for fighting it on the court.

Maybe this is the end of XRP, all exchanges will eventually delist XRP due to US policy and I also sold my XRP asset for fear of losing even more

Bittrex just another one to add to the list.

Bitstamp;
Coinbase;
OKCoin;
Simplex;
Galaxy Digital;
Jump Trading;
Coinmama;
OSL;
Beaxy Exchange;
CrossTower;
Bitwise;
B2C2;
21Shares."

I am not sure but i think Huobi also jumped ship
No idea what it says
https://imgbb.com/QNd3bn8

If SEC successfully turn XRP to Security token, even if it goes to 0.0001$ each, it still a gamble since there is no exchange will gonna list it. Listing a Security token without any license from SEC is a crime and I wonder there will be a well known exchange like binance that will risk just to list XRP.

The update about there fate is what trader should watch out.

Even if a exchange list it, what is the point of it? Trading just for the point of trading.
Exchange is just one aspect, no shop or bank will touch it and certainly not the dark market.

It's a good choice, no one feels safe when they hold XRP at the moment. Probably not all exchanges but the major ones will certainly delist it, really bad news at the end of the year.

I don't think Kucoin serve many US client, for me they are trying to gamble here, thinking people moving their XRP tokens from other exchanges will move it to their own platform, if Binance has not take a stand on it, All these exchanges are picking January 15 and there is still time to make decision on it.

There's still small hope, xrp is pumping slowly. If this issue will surpass and they'll gonna win, ripple can definitely bounce back and will celebrate together with bullish price. If that happens, we don't know yet. Now I realized why they paired it wih Spark token, it may possible be the replacement in case it went go down to no value.

Bittrex should have done this as it is an American based exchange. Bittrex did this strictly to avoid competing with the SEC. Other exchanges can also follow Bittrex's decision. The hard times will continue for Ripple.

Im still waiting what will be the next exchange site will try to announce the delisting for ripple coin. It's hard to say that but the future or ripple can be predicted easily.
The thing that makes it even worst if there are so many people were saying ripple was a scam.

This news is a real surprise for me. Ripple is blocked from all exchanges one by one. I'm waiting for the next stock market news. Ripple is in too much danger and its investors are sure very angry  :-\

Since the SEC sued Ripple many other exchanges erased and stopped trading XRP and this has had a devastating effect on XRP's future. One of the reasons Kucoin created competition for deposits and trading was to create a simple and secure platform for people around the world to use to trade a wide variety of digital coins.

Wow buddy, things are going so fast, didn't really expect these big announcements to take place anytime soon but now things are taking place in a fast way.
I think that Ripple is going to die, their marketcap will get pulled out and invested into Bitcoin, these sick traders will be urging to find an asset to make some profits which really explains why Bitcoin is still making some movements upward in the 27k - 28k levels. I think that we will hit 30k soon, or even BTC will start playing in the 29k range soon.

well it seems the last minute pump is actually working,  just check xpr on coingecko and it is up by 8% already  ;) i guess kucoin have a plan to help keep the project from dying completely, it will be such a huge blow on those who bought in around $0.6 during the airdrop price pump, if i were them, i will observe to see how high the price can go from here and dump, i don't think this kucoin strategy can sustain the survival for long.

One by one the major exchanges will remove the XRP from their trades.
I don't know what XRP is doing to Kucoin by holding a competition on the Kucoin exchange !!.
This is a strategy for selling XRP in bulk.

If someone wants to trade XRP without actually holding it he always can use a derivatives trading platform like:
https://tdxp.app/market/XRP-USD
Also can trade ordinary stock or gold... i think its not for US residence

With these negative news everyday there are no way ripple's price can recover and the people who bought it during the spark token airdrop wwere absolutely got rekt due to massive dump by people got fud by the negative news online.

It wouldn't be surprising if Bittrex finally decided to remove XRP, it looks like all US based exchanges will start delisting XRP. I'm sure poloniex
will do the same thing by delisting XRP as well. But for KuCoin it is not US based exchanges, then it is not affected by what the SEC did. I am
sure that XRP will seek to approach exchanges originating from Asian countries, I also haven't heard from Binance exchanges what steps to take
regarding the issues XRP is currently facing. We still have to see developments regarding XRP, but it is safer to sell the XRP we have if the situation
is like this.

Give more than weeks for investor move or selling their XRP assets before delisting on Bittrex exchange, I think become second bigger exchange right now wanna delisting ripple coin after get problem investigate by SEC. How ever still not have any good news from Ripple owner with their coin and solve this problem. Maybe if faster this problem solve no one exchange stopping for suspend ripple on trading, deposit or withdraw, but very late respond from dev ripple keep existing their coin on bigger exchange market, waiting for with binance on other exchange will delist ripple or not.

XRP may look like it increased today, but in reality they are down to what they were at the start of the year, maybe even lower, which shows you how horrible it has been for them for a while. But I have warned everyone, told you guys that it is impossible for XRP to sustain this type of increase and continue their path being third ranked because it is obvious that XRP was centralized and managed by a company called Ripple and this is why it would crash one way or another, it was TOO obvious. I can be honest and say that I never owned any and I am quite happy about it.

Do not be upset that it got delisted everywhere and dropped, you may have lost some money, some people may have lost a lot, but you have learned a big lesson in your life, which is not more important than money, but still something in return at least : Never trust someone else with your money.

They are trying to keep some investors to continue supporting their coin. It's dangerous with KuCoin's reputations in case another
problem exist, as SEC are really pushing this case and makes things very tough for the team, early solution is in need to prevent
any more damages, without such actions from the team then it's expected that most of those CEX will delist this project from their
platforms.

if it's like this, then sooner or later, XRP will really lose its market. for now, we suspect that Kucoin is doing this to defend XRP, but if the popular markets out there delist XRP, sooner or later, the price of XRP will fall.

Already coinbase have removed XRP from its trading. Now it's the time for more other exchanges delisting XRP. SEC is thriving much deep and it is very strong with all proofs. Thats a big turnaround with the market in no time. Finally the sufferers were the common people who were left with the least opportunity to trade the world's fourth largest cryptocurrency.

WTH XRP is surely having a bad time right now many investor/traders lost a lot because of it.
XRP gained attention because of it's snapshot and most of my friends invested on it because of FOMO I was also going to invest but I like to hold my BTC rather than converting it into XRP.

With current conditions, of course it will be very risky to hold XRP because there is possibility that there will be a complete elimination of XRP in the cryptocurrency market and of course the impact of enormous losses will occur to XRP holders, for me personally it is better to release XRP now and exchange them for safer altcoins like ETH or BNB.

And you don't think that this is a specially staged performance to drop all the random passengers from the Ripple rocket before the flight to the moon!

This is also a possibility, even the posssibility of an inside job is so weak; SEC is working for point but we can't expect how things would turn with the huge number of XRP holders. 

This is going to be a hard hit on ripple and a road to the end. Top relevant exchanges have started backing out and many more will do same. It will be risky to hold or trade ripple at this time.

This is just a business strategy, Kucoin sees this as a great opportunity to attract XRP holders to move to Kucoin, when many exchanges reject XRP then Kucoin becomes an exchange that accepts XRP and takes the opportunity.
I saw nothing surprising about this, but yes, it wouldn't be a bad move to attract a lot of traders there. :)

But no mention on Bittrex global, so it looks like it is just the US. It is very interesting to watch this compilation.
Just wait to buy on any good news. No sense holding through this

It looks like it's Kucoin's strategy to bring more traders to their platform, but there is still binance even though Binance doesn't have any competition, many traders seem comfortable trading on Binance, because Binance is one of the highest volumes. if the prize given by KUCOIN is large, maybe many traders will follow it

The deal might already be made a contract with Kucoin months ago before this Sec thing has been announced. With the contract has already been signed, Kucoin needs to do the thing they agreed upon. Therefore, we still see the competition for XRP in their exchange. however, We will need an official announcement from the Kucoin regarding this one. Which will clear their name to the crypto industry.

This is so sad to all who holds Ripple(XRP) now, even in Binance they are suspending the trading and deposit unto it.
The issues for Ripple is not yet being resolve. Meaning, at this point of time it is not the right time to buy XRP and no wonder
why for a couple of days the price will dumped in the market.

Only the people who have been going out after the snapshot will be a winner in XRP market. This dump trend will still continue as the more problem will come. Even the exchange site that doesn't operate in US started to delist XRP from its exchange sites and that means if ripple will be facing a very difficult situation if non us exchange sites will be following the step that already taken by the US-based exchange site.
Ripple will die soon dude.

And yet, I am inclined to think that this action is planned.

And the next one https://support.binance.us/hc/en-us/articles/1500000956801
Finanlly this crypto parasite is dealt with, such a nice christmas gift.

Bittrex is not a big exchange anymore. The volume of this market has decreased over the last few years. This move may not affect ripple much since it has suffered much from SEC. Delisting from Bittrex is inevitable since bittrex locates in US

Bittrex exchange XRP removed.
I'm a cryptocurrency lover,
I invest by visiting the market all the time.
I don't think Bittex is a big exchange,
I intend to buy XRP on kucoin exchange.

Maybe because of the strick rules they ad to it's users in 2017 when they make a mandatory KYC to it's users . Binance is one of the largest volume exchange right now and they also delisted XRP from binance.us exchange not the main exchange they are only restricted from US citizens . By the way there are also news that coinbase is also Sued by SEC by selling security tokens which is XRP.

I agree,exchange like Bittrex only follow suit of the larger ones. Coinbase has already delisted XRP and with any surprises more exchanges will most likely continue to delist XRP. Meanwhile its price keeps dumping.

Is there an end to this for XRP? Who knows, even if they do go through with the legal battle, investors confidence has already been stained.

Well this waves of bad news for XRP gonna end if they happen wins the lawsuit however if it's the opposite and things go south, just expect more and more exchange to delist it and making XRP vanish from its existence like a thin air.
Though as you said, XRP already has bad reputation just because of this lawsuit alone and I doubt it's gonna ever recover and go beyond its former normal price.

Last update from Binance US will delist or removed Ripple coin trading on their excahnge market on 13th January, have any market give announcement for delisting ripple from trading exchange market transaction, I think still give chance how ripple could fix their proboem because get bad impact after SEC investigation, so far have Bittrex, Binance US , coinbase and Bittamb have giving announcement for delisting ripple coin on their trading market, how ever position ripple on market cap was down and looks many investor have sold their coins right now.

Things are getting really bad for XRP as more exchanges will follow this step and I have been monitoring XRP volume which is reducing day by day, a lot is at stake and everything depends on the outcome of case and we can expect worst in upcoming days and the FUDs will kill XRP if more people shift their investment. Those who have invested huge amount into XRP should either sell at loss or else Hodl expecting it to bounce and even if XRP goes to zero now it might bounce make sooner or later.

As More exchanges continue delisting XRP, the price will keep decreasing. There still some who believe in it, so either they are somhow ignorant or they see what exchanges may not (want to) see.

Honestly, i still can't get the right decision about to list XRP as another big disastre for crypto users. I can imagine how many are XRP users.

At best cases, XRP will have to face a hard time restoring his reputation.

Big exchanges are doing the same thing, and recent one I guess was Binance and this can affect the total price of XRP for sure. I don’t know how long the case will take but XRP must act now or else they’ll be doomed. Looks like good coins/tokens have to do everything and better to comply with the regulatory board or else you’ll face the same faith with XRP.

as I said earlier. I don't think sensible investors worry much about that. because XRP is a worldwide project and SEC can only stop XRP business in USA. but they'll continue their business. other exchanges such as kucoin, binance and many none US exchange are not going to delist ripple.
and investors know that they'll not loose anything. they'll make profit when Ripple arise again.

Still do not know what really happen on Ripple coin maybe after investigating from SEC but more than 300,000,000 #XRP (73,418,530 USD) locked in escrow at Ripple and looks good news to make ripple back to track with higher price, how ever when coin locked its the same with holding and have higher amount or ripple lock right now to make price back to higher, still have chance for last exchange market wanna delist ripple and canceled for delisting, just my opinion after many ripple coin try to lock right now.

XRP got a lawsuit from the SEC and of course that's a problem with the US. Of course the first time is that exchanges that originate in the US or operate there must follow SEC rules or else they could also be threatened. Exchanges outside the US continue to trade XRP because they don't have that problem, but there are also some exchanges outside the US that are also suspending XRP.

There is no problem if the exchange supports XRP or follows SEC rules on current lawsuits. The court is not over yet so take your own risk if you want to trade XRP. I hope XRP wins.

Good to know this. As long as Coins.ph supports XRP i am pretty sure that this coin will not lose it's value. Bittrex should have thought about this carefully, there are people like myself who are hodling bags of this.

This is a piece of horrible news about the XRP like a digital currency that is going to be removed by top exchanges like Bittrex. But, why is this step is taking by Bittrex as it is a highly traded currency among all other altcoins and still holding the position of the third rank by market capitalization?

Many exchange have remove Ripple trading but today ripple coin price raise to higher price, still which one is true about ripple coin make drama where many people panic for selling and team will buy back with lower price, later will make new announcement all exchange keep existing and not delist ripple coins from trading. Still have possibility chance for ripple keep existing on coinbase, bittrex and any other exchange when ripple owner wanna pay above exchange market, so what happen with you have sold ripple with lower price?

It is not just Bittrex, many more exchanges will be delisting XRP including Binance for the US customers, Genesis Global Trading and any exchanges that is having a office in the US will be forced to remove XRP and we might see more countries taking the same stance in the future and it will be a problem for the coin and we should expect more of these restrictions for other coins as well in the future.

That will be a bad information for XRP.

Greatfully I've sold my 10.000 xrp when SEC sued them, if not maybe I'll just mourn with every decision that I made.

Indeed, XRP is a good coin where we can see it still in the top ten of the best coins today. But, by this information it can make its price countinue to down and down.

Moreover, seeing the monthly candle that has formed is bad. The morobozu green candle that has formed at november ago was followed by a bearish morobozu that was longer than the previous candle, which strongly indicated that the price would decline again.

XRP and Ripple have difficult times now but we must understand crypto exchanges. they don't want to have problems with regulators and lose their licenses. if the decision on XRP will be good they will start working with it again.

Ripple have big cases right now and delisting from many exchange its solution when some coin get problem, I know SEC is bigger problem for cryptocurrency and when get cases with this commission your project will die, but so far we don't know how come ripple bigger cryptocurrency and have many partner real could get cases with SEC, does have any some thing bad from Ripple to make investor panic and team buy back ripple with lower price, I have this opinion and waiting delist is real or not.

I have a lot of XRP in my wallet right now and I know they have big problems this coin and other exchanges removing XRP and it is sadly to happen but I still holding this coin because I really like XRP and I hope issue will fix soon because it is not good of what happen not to this coin everyone are waiting about the next news. And I guess many people now selling the XRP that will cause collapsing the price.

Now we can add eToro to this list.  Here is the blog- https://www.etoro.com/en-us/news-and-analysis/crypto/etoro-to-suspend-xrp-trading-in-the-us/

Even bittrex removing xrp there are still several major and big exchanges that is still allowing xrp for trading. Those who delist ripple are those small or US based exchange which tend to fear the possible downfall of xrp.

I didn't expect that the XRP problem would get so big and one by one exchanges followed Coinbase's lead by removing XRP. If it continues like
this XRP can become dead projects, even though XRP is one of the best coins. It turns out that the SEC's demands had a sizeable effect on XRP,
If it is true that XRP is proven guilty in court as such XRP will be removed from all exchanges.

You can look at the throne, from which almost the same thing happened with Ripple. The token will still exist, of course, in the first time after all these lawsuits, you should not hope for an increase in value, but the coin should be traded on some exchanges.

the worst scenario that ripple users afraid of are starting to happen . first coinbase and then followed by okcoin and bittrex , whats next ? binance ? but xrp users are seeing hope because of kucoin which is doing the opposite thing and instead of delisting xrp they held a promo for xrp  .

btw bittrex also remove xmr and few altcoins coins  . this is threatening to the hodler of those coins, what if other exchange will follow ?  i hope this delisting thing wont go too far

right now it looks like XRP has no hope in the future as the demands filed by the SEC will certainly be a crushing blow to the two CEOs of the Riplle company, and it looks like bitrrex will not only remove XRP from their list but there are several other altcoins they have plan to be removed like Dash, Monero and Zcash which seem to have the same fate as XRP

https://www.google.co.id/amp/s/www.coindesk.com/bittrex-to-delist-privacy-coins-monero-dash-and-zcash%3famp=1