Bitcoin Forum

As we all know that XRP is in trouble and recently it is delisted by the coin base. Another exchange is known as "KRAKEN" also announces to delist XRP for US customers on 29/01/2021 at 5PM PT. I think if that happens then XRP will be fall to $0.2 or $0.18.
Is it safe to invest in the XRP or we have to still wait for the stability of the XRP?

No one is going to tell you to invest in XRP or abandon the project for another because no one actually knows what will happen in future, many exchanges have delisted Monero too but look at the privacy coin, still mooning like nothing happened, as for XRP case I'm just been greedy when others are fearful is all, I'm still going to keep by bag

I don't know how XRP is going to come out of this mess  ???, I don't want to just into conclusion straight away, all I can do is wait and see how all this plays out in the end, too much delist is bad honestly, it's not a good sign

XRP is centralized coin and can only be traded in centralized exchanges, if those centralized exchanges delisted this coin... then it will become worthless since no one will trade again.

Because Monero is privacy coin and decentralized, it still can be traded on decentralized exchanges (e.g. Bisq) so don't be panic. The purpose of cryptocurrency is being decentralized and no one can control it, so we need to trade more in DEXs and leave CEXs.

It's not safe and stay away from this garbage coin. If you are dealing with this coin and you are putting your money to the chance to get lose instantly due to the bad announcement from SEC that maybe come soon.
Ripple will never stable. It will be following the news that will come from the legal battle with SEC.
if the news will be good and XRP will get positive trend but the opposite thing may happen too.

IMO, I believe that the decision was still yours to make if you are willing to gamble despite that there was a threat coming from the US SEC to prosecute Ripple, And if you believe that Ripple (XRP) will solve that SEC problem through all legal means then that was your choice to make if you want to invest or not. Because I believe that US SEC was after all of the cryptocurrencies that have based or doing business in the US territory meaning after XRP they might turn their noses into other cryptocurrencies and who knows if Bitcoin was next. Because US SEC nowadays is very unpredictable.  

There are so many projects on the market and you still can't leave Ripple alone...
This project has always had a hazy future. Forget ripple and see the world wider!

Since SEC announced that they are charging XRP things have looked bad for XRP instead of going up in the bull run since they are one of the top coins in the market, they are sliding down in their position and so does their price, I don't expect anything positive on Ripple right now, they have no stability in the market and you must access if this is the coin that you want to invest, they are not worth it right now.

The first time I created noncustodial ripple account, I sent $50 worth of ripple to the wallet, surprisingly, 20 ripple which worth around $10 at the time was unable to be used, it is called ripple reserve, anyone that want to invest in ripple and want to use noncustodial means, he will have to have a ripple reserve of 20 ripplewhich can not be sent but locked in the wallet. Why the ripple reserve?

About ripple blockchain, it is clear that it is not decentralized but centralized. Also the law suit filled by United State SEC seems not of a false allegation. If ripple is not truly centralized, then ripple CEO will not sell such $1.3 billion worth of ripple.

Since the allegation, ripple price has been falling, to the extent ripple was not able to partook in the present bull run in the long run, it for now remain a centralized and less worthy coin. That is why most exchange based in United States have being delisting it. Centralized government non-backed coins will surely be shady.

Investing in XRP right now is really risky. Although you need to remember that in the case of a positive decision in court, XRP will go to the moon. Therefore, most investors continue to hold this coin, and some even increase their number at such dumping prices that are now offered in the cryptocurrency market.

Agreed, people should move on from ripple and try to find the new gem from the market. We have a lot of legit coins in the market that can replace ripple anytime. Ripple is not the only one that has a blockchain that fully scalable. There are so many blockchain projects that already implemented the scalability solution too.

Ripple price has decreased significantly while the SEC charged lawsuit against it's co-founder. The price dropped more when many other exchanger/trading platform announced about delisting. Xrp price had reached above 0.9$ quickly. But after all these news it again back to the point from where it started the rally. How can you say that delisting haven't affected the price of xrp! It's still staying on top ten but lagging behind slowly. We will see another notable move of xrp price at the end of February month when the final decision will be made in court.

Delist news for Ripple continues. These decisions discourage investors. Ripple is unfair about the SEC and still doesn't back down. If these conditions persist, the bad news for Ripple will continue. Price stability for Ripple is now very difficult and it is inevitable that it will lose value in the future  :-\

I don't think it would be a wise call to invest in XRP just yet until this saga with the SEC blows over. Trading XRP now is basically a game as there's so much uncertainty around the next direction for the project in light of recent events. Except you know what you're doing, I suggest you just wait it out because more exchanges might decide to follow suit. There would still be time to get in on XRP when all these is over. No need getting caught in the cross fire.

Not all exchanges delisted xrp, only exchanges that delisted xrp are based in United States while many other exchanges like binance have not delisted it and also thinking they have no plan to delist it. This time we need to stay off xrp because if SEC win the case against xrp, it will lead to another xrp bullback. We should wait until the case is over but if the case favour xrp that means the price of xrp will significantly increase and can be back to normal again but the chances that the case will not favour SEC is almost zero.

Any exchange operating from US have already delisted XRP and until the lawsuit by the SEC are sorted there is no way they will be listed again and the chances for that are really slim by the way things are moving and it is still unclear what are the policies Biden will implement and whether he will be a net positive to the cryptocurrency space or not.

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I will not invest in XRP considering the troubles they are going through and their technology partners will stay away from them until everything is sorted to avoid legal actions and these things will not help the price either.

seems a lot of bad news coming to xrp, and if a big exchange like kraken delists this coin,
i think others exchange will follow, and this is not a good sign my friend

It's really hard to decide on whether you continue investing with XRP or dump it while It has still a value. Because investors has been falling away from this coin and is gradually crashing. Though this whole delisting stuff seems a normal reaction from the exchange to a company with lawsuit. It might be temporary, until everything is settled.
The risk of investing with XRP today is extremely high.

If I'll be investing on it, I'll wait until they are done with everything. The risk of volatility and then the risk of being delisted is everywhere is not a good combination of risk that you might take. I'll take a look into another coin that's better than this coin. And it's expected that most of the exchanges would avoid this with the fresh lawsuit that it just had. It's either they delist it only for their US residents and keeps on being traded for their other offshore traders or completely delist it to avoid any relevance to the issue.

now it's not only kraken that removes xrp from their trading list but almost all crypto exchanges will do this, of course there are many considerations that exchanges must take if they have to continue to trade coins or tokens which are in a lawsuit like xrp right now and wrong the only way to restore the popularity of xrp is by way of Ripple's side being able to win the lawsuit in court, but if this can't be done, of course the price of xrp will not only be $0.2 but it does not rule out the possibility of going down to the price of $0 or in other words it has no price at all.

For now, don't even think about investing in XRP, because the risk is very high. Seeing that XRP's reputation has fallen, so it could be that XRP
will be a scam if the court results find XRP guilty. Moreover, several exchanges from America started delisting XRP one by one. So knowing that
Kraken is planning to delist XRP doesn't surprise me. So stay away from investing in XRP for the time being, at least until waiting for the results of
the court to come out. To know XRP is guilty or not.

what is happening in xrp right now is very delicate and not a good time to invest on this platform. but if you truly believe that this situation will surpass and they can get away with it, then maybe, you can risk your hard-earned money.
as crypto exchanges are delisting xrp on their portfolio, we dont know when will they ever get back strong in the game.
the future of xrp is very hazy. so hope you are doing your own assessment on this matter.

Seems like all big exchanges are delisting XRP. In the case of Kraken , they only freeze XRP for US residents and not for all residents.
With all these bad news coming, the price will probably drop further so I wouldn't buy it as it seems to be a very risky investment in my eyes.

I still got some XRP left and will probably just use them for gambling  ;D.

Nice for what? when there are exchange sites that already started to delist ripple from their service and that means ripple will be loosing more liquidity. It's not a good news anymore dude.
All exchange site will be listing ripple again when ripple can win against SEC but the chance is so small.

KRAKEN is a good exchange site with big liquidity and that will be a big loss for ripple being removed by kraken from its service.
You can expect more exchange sites will try to delist ripple when there will be bad news about that in the future. You should sell your coin and move to another coin if you are still in a good position. Think about the future.

It is wise just wait until what's gonna be the result of the SEC lawsuit and by that time you can decide whether to put investment on xrp on that. Even with these bad news from xrp, still people buying it and trading it on exchanges, maybe you can try buy and trade xrp for the meantime but for longer hold much better to wait for the outcome.

Investing in XRP is safe right now, I think the current price is the lowest. However, the possibility of price increases is difficult, safe but ineffective, so choose another coin.

Don't buy as long as the situation not safe to put your money there! It isn't a wise decision to buy XRP if the XRP team still cannot fix the problem against SEC. I think you should know the answer yourself, mate. By the way, what do you mean "the stability of the XRP"? Do you mean "XRP price"? Mate, XRP isn't a stable coin. The price will always fluctuate and be unstable. Something that you must wait for is for good news from the XRP team related to the lawsuit case.

Although XRP is facing such challenges and will be delisted from Kraken exchange soon, however no one can predict what will happen to the price or how low it will get to. The issue with SEC is just making a lot of XRP investors to sit duck and watch what will happen before making their move hence the reason it is still in a good position in coinmarketcap and although the case looks huge since it's coming from SEC, no one can conclude yet on what will become of XRP until a judgement is made or settlement is made. Also, asking if it is wise or safe to invest in XRP in a situation like this, I doubt if there is anyone who will be able to tell you to go ahead, because no can predict the future hence can't foresee what will happen to XRP at the long run, thus any Investment plans you are making towards XRP should be on your own accord and risk. But normally, the best way would have been to wait, however there are people who likes taking risks, so you can decide for yourself.

It will never be done with everything though,,, XRP is just going to be an endless problem from the beginning already you could see trouble was spelled all over the place. Lawsuits are more common for Ripple than good news, this is not going to be the last one unfortunately. Hold what you have, I do the same. But would not get in more.

It's possibly to go down at that level. If other exchanges are also delisting ripple, that may actually affect the performance. Kraken is one of the good exchanges. Honestly, after the SEC issue, haven't even attempt to buy again xrp. If the issue will cool down and they win this lawsuit it would be a good news and will bounce up it's progress.

Delisting will go on till SEC make its final decision about the case. Many temporary holders will sell their XRPs and it will affect price negatively.

It is easier to list those exchanges where trading on the XRP coin is stopped than to list those cryptocurrency exchanges where this coin is traded. And simply put, all exchanges that do not have the influence of the SEC continue to trade XRP and at the same time still hold various promotions to attract traders to their exchange.

XRP does not fall significantly yet but it's volume is decreasing significantly. I guess it will take time before this coin will be out in the game, the US market is quite big to lose, I investors will realize that they are playing a high risk here of still holding XRP or even trading it.

Marketcap now is only $12 billion, if price will dump at 0.05 usd, this will slide down significantly and probably will be out in the top 10 spot.

There will be an end on it and it could be a good ending favoring XRP or it won't be and favoring SEC as the winner. There will be more but for different projects and altcoins if SEC keeps on working to track down those projects that have violated their terms.
I'm holding what I have right now and I won't be investing on XRP, it's risky to me to have it and won't be having my share on it. It's just an explanation that "if" I'll be getting it as an investment during their hard times.

It will never happen. i do believe if this will be the end for ripple. Ripple is not worthy to be considered as an investment. Very big pre-mined supply and the team ripple team was also doing quick rick scheme for themselves. So many people aware if ripple is the next level of ponzi system.
An illegal security coin offering like ripple must be taken down by the regulators.

Even if the court decision become positive, would the exchange market that already delist XRP will list XRP back? If its happen im sure XRP will go back to the price before dump, but if not the price will go nowhere. Moreover, if there will be more exchange which start to delist XRP that will be bad sentiment which affect on XRP price. Avoid XRP investment would wiser at this time.

Kraken exchange is always the last to bring bad news. They are in crypto because of financial revolution and not because of profit as Coinbase and similar exchanges. By far the best exchange.
Ripple is a lost case. It was pointless when created in 2012. It is pointless now and it will be pointless tomorrow and 10 years from now.

Exchanges don't want to risk working with Ripple. Nobody knows how this story might end.
It seems to me that if the situation were really bad, then the coin would be worth nothing. Now ripple cost still something, so there is a chance that Ripple will live

So one of the biggest exchange delisted XRP so what's next? Binance? Seems XRP is slowly dying it is really damaging now, I hope XRP can survive. XRP is very useful to me for transferring my funds because of low transaction fee.

If the court's decision is in favor of Ripple, then I am sure that the next day all the exchanges that previously excluded XRP from the exchange will restore trading on this coin. But even if the decision is not made in favor of Ripple, it is unlikely that other exchanges will continue delisting XRP.

I don't think XRP will have an advantage with the SEC in the upcoming legal battle. They should, I think, think of the best stacking process or arrangement. If it fails, investor skepticism and devaluation of the crypto world will also be of interest. Shame to look at XRP's trading volume over time.
The crypto environment adapts very quickly to that. TRX, DOGE are still pretty decent for the replacement.
Looking ahead, if a series of major exchanges close with XRP, who will remember XRP's value? forecast 0.15 for XRP price in February.

Yes, and I think that is a very natural thing, because every exchange always keeps their good name to the public and they also don't want to get into new trouble as a result of that, so some exchanges are releasing themselves with XRP tokens in the form of suspensions and deletions.

It is clear that Ripple will still be active, but right now they are in a state where they have to do their best in court. I don't know how the game ends, but maybe we'll see Ripple going to dip. and if you believe that Ripple can handle all that, it might be an opportunity you can't miss

Not be able to sent/receive to any US resident, citizen or business is devastating, the end. Thats is not  viable internet money-

i heard if xrp already suspended in coinbase, this is really bad situations for xrp
maybe people who believe with xrp now must change their mind and accept the facts if xrp isn't good investments
regards

From what I know, Coinbase does not delist XRP but suspend their trading, and for Kraken I still haven't seen this news on Kraken's Twitter officials,
is this a rumor or not? make sure it's better to share this tweak link, so that everyone can believe, indeed Ripple is having a problem,
but it will definitely be resolved, and so far XRP is also not experiencing a dump anymore, because the whales are being accumulated.

XRP is my option also whenever I convert my withdrawals into fiat durle to lower fees, it saddened that many exchanges already delisting XRP to avoid any SEC issues that may happen in them. There are too many negative reviews now keep popping for XRP that I don't hold any of it as of now until the issues not resolve, it will take more exchanges who will decide to do it unless SEC issues will be resolved.

I agree, it makes some coins into a massive dump, we all see that in xrp, xrp has their new ATH recently and then when SEC come in their way the dip of the coin is massive many people go broke because of that, but we can't blame them for buying the coin, it just that the unexpected issue towards xrp has been created the pushes exchanges and people to sell their xrp, and a lot of rumors has been released under the name of that coin so in order for some exchanges not to be sued or get the fire to hard them they will instantly announce the delisting.

This sudden delisting of XRP is really not good. Though I have gain a lot of profit from XRP, it just really sad that because of delisting the price is unstable and unsure of what the future will bring. Its one of the supported coin in our country, and it has a lot of use personally for me since I can transact without even spending big amount of fund.

You should find an alternative coin to be used as a replacement for ripple. The liquidity of ripple is also going down along with the more exchange sites declared to ban ripple. This is not something good for us dude. -20% for its daily trade volume

https://coinmarketcap.com/currencies/xrp/

The worst thing for ripple will happen soon.

The lawsuit was not a surprise but it came at the wrong time when the market was rallying. There were issues with the way in which they raised amount back in 2018 and there were legal proceedings against them during that period and now SEC followed up with that and filed the lawsuit and the exchanges are forced to delist and the future is not that great.

It could happen in three to four months it's not even a month and yet so many things happened on XRP, some top exchanges are delisting it, it is still listed in our local exchange but for how long the worse is yet to come for Ripple, investors who are still holding their XRP should have a backup plan in case the worse scenario happens, Ripple has become a risky investment to hold now, it could go from dip to crash.

No one knows what will happen... but I think when there's risk there's opportunity. I've kept some XRP and wait till 0.4 and will sell.  ::)

did not know about this news, just now. i'm curious what could be the effect of delisting the XRP to this kind of exchange? before, the price of the xrp reaches 0.20 or something but now it was around 0.27 some investors who buy on 0.20 line got really good profit.

There will be always an opportunity but you should also remember if ripple has a big chance to be a dead project as soon as possible.
It will never go back again to the 40 cents and that's only a dream. This time so many people aware if ripple has no future and the daily trade volume is growing down from the day by day.

I sell all my XRP 0,31 and now i feel better,
despite the fact that I lost money. But i forget it and go forward.

I have sold all of my XRP at 60 cents and got very nice profit when so many people are thinking they will got money from the flare token but after the legal suit by SEC and it looks like spark developers already abandoned the coins that airdropped to the XRP holders.
Kraken is also giving very bad impact to the liquidity. The problem is when liquidity of ripple gets drained and people have no way to withdraw their money.

No surprise there, eventually all exchanges will delist XRP if things don't get resolve between Ripple and SEC. And IMO, things will get worse if none of the two surrenders.

The lists of exchange removing XRP on any pairs will keep going as long as the issue is not resolved, especially those exchanges sited in the U.S. The price is still holding on due to XRP believers or supporters despite the issue. I wonder how long will this keep on while the issue is still alive, XRP's rank in the market cap is going down as time goes by.

I feel like there is a big and serious problem with XRP if it is removed from the Exchange. I think this is a big problem for XRP and maybe XRP must immediately fix it so that it can return to having a strong identity in cryptocurrency

It will keeps going down as the issue still unresolve, the chance that those who are keeping their faith to this project
eventually will tired up and move to another project.

It's tough to continue holding withiut knowing what's the plan coming from the team, though if ever that the team
manage to escape from this issue, bounce up will be expected.

I understand the logic. Kraken is the company that got the rights to create a bank in USA, so as a company that got such a right and work so hard on the american crypto scene so much to make a buck, I doubt that they would want the attention of SEC on themselves. This means they had to delist XRP, with them delisting it, that means SEC will not be going after them that easily or at least they could say "as soon as we assumed it was dangerous we stopped working for them, we were tricked like every other customer" and so forth as a defense if they need to for their previous listing of it for years.

It is really not a big deal to get XRP delisted somewhere these days, it is on less and less places and as long as companies care about what USA and specifically SEC thinks of them, they will delist it, so it is really going to get more and more places delisting it, not a big surprise.

All major exchanges like Binance & KuCoin (https://trade.kucoin.com/XRP-BTC) still have XRP. I guess as long as the XRP is on top 5 of cmc and still on most exchanges, XRP is still worth investing. Once they solved the issue XRP will be back on track as soon as possible. Those exchanges including Kraken decided to delist XRP coz' the volume on those exchange isn't that great compared to those who have the XRP trading pairs since the very beginning.

I suggest you better wait until XRP is stable (SEC and XRP issues are resolved), because there are already many exchange that delist XRP and of course it's very risky if you invest in XRP for now (you can lose your money if you invest in XRP), because the possibility for the price of XRP can go down very much will happen at this time if SEC and XRP issues are not resolved

They are in the worst case, SEC never gives them a chance but totally cuts them off from the market.

How I wish that XRP holder will sell their coins anytime before they were late and cannot make a trade for it. Because as of this time, more exchangers are closing down their trades on XRP and delisting it. It can be soon that XRP will be no longer to see in crypto.

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TBH, I actually love XRP coz this is helping me to save fees in transferring (in/out) but very unfortunate that it ends like this.

I will not invest any money in XRP.  Because that misuse of unauthenticated oversupply trumps the mentality that I have placed in it.  It makes me want to forget XRp in my mind.  Do not enter that shipwreck or if you wish to follow the same thunderstorm.
At the very least, I'll wait for that indictment to be resolved in transparency.

I am too, there's no guaranty now what the future holds for Ripple, Ripple is good in transaction and fees that is why so many exchanges are listing it and many traders are trading it contributing to its liquidity, but now that big exchanges are delisting we will see it's volume going down and this will harm Ripple.

doubt and fear of ripple is a natural thing because a lot of problems caused by ripple and not lessening but always happening again, will obviously doubt the credibility it has.
But Ripple is always confident and even gives a surprise, the price increases and this will certainly be beyond the expectations of all who have not believed in it all this time.
Hopefully all problems will be done by Ripple because many expect from its existence that it can actually help for cheap financing.

there would be doubts if the major exchanges did not trade ripple, but it doesn't seem like it is happening as it has been, I don't see it as a threat to ripple.

Isn't the problem faced yesterday over? If there are still problems that are still faced, it is better to delay first to store Ripple coins. To avoid a significant decrease. Because Ripple has experienced an up trend, the issue is only a little, can make the market price change.

I think that there will be some positive movement of XRP soon. The annual Ripple Swell 2021 Conference will be held on November 9-10
 We can expect interesting statements from Ripple that they intend to implement. Influential people from the sphere of crypto, financial services, blockchain technologies and other are invited there.
Ripple will present information about new products that will be presented to the world. There will also be a discussion of the SEC vs XRP conflict, the former commissioner of the Commodity Futures Trading Commission will speak.

We all know that any "hype" in the crypt gives certain results. And as usual, they present interesting statements, which in consequence may affect the volatility of the XRP price.

Falsely crypto coin does not deserve the attention of true supporters of blockchain technology. But this may not affect the price of the coin, or on the contrary, it may affect the growth, because the market manager of XRP is very strong and ready at the right time to raise the coin to the moon.

Now Ripple just needs time to rid himself of the problems that have befallen them in order to restore investors' trust in him so that he can have a good influence on Ripple's price in the market and people will no longer see Ripple from the wrong point of view.