Why XRP Crash?

[Houdini76]

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.

[sulis sudibyo]

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.

[asriloni]

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.

[inoes]

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

[Becky666]

SEC Sues Ripple Over XRP Cryptocurrency
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. 

[Tash]

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

[trauchot]

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.

[Eddyc]

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.

[tvplus006]

SEC Sues Ripple Over XRP Cryptocurrency
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.

[Tash]

SEC Sues Ripple Over XRP Cryptocurrency
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?

[tvplus006]

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.

[Tash]

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.

[bassbity]

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.

[Imran232]

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.

[Argoo]

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.

[terrific]

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.

[TastyChillySauce00]

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.

[Twinkledoe]

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.

[Miaallen]

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.

[jademaxxiss012]

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.