Why XRP Crash?

[VanityWallets2015]

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.

[zasad@]

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."

There will be a trial in February and there will be new news. It is possible that the coin's price will rise

[Tash]

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

Date		Supply		Increase		Inflation
2013-12-29		7 817 889 792
2014-12-28		30 978 075 200		23 160 185 408		296,25%
2015-12-27		33 537 439 933		2 559 364 733		8,26%
2016-12-25		36 003 596 482		2 466 156 549		7,35%
2017-12-31		38 739 144 847		2 735 548 365		7,60%
2018-12-30		40 794 121 066		2 054 976 219		5,30%
2019-12-29		43 319 477 613		2 525 356 547		6,19%
2020-12-27		45 404 028 640		2 084 551 027		4,81%

[judeafante]

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.

[sallybein987]

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.

[malcovi2]

XRP hodlers would be like this in the near future.

[HoweyFeeling]

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

[plr]

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.

[metenjean]

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.

[Banulit]

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.

[crazy-pilot]

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

[Cling18]

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.

[Tash]

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?

[shoreno]

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

[Fredomago]

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.

[Tash]

Because this crypto joke is a rocky horror show
https://bitcointalk.org/index.php?topic=5302931.msg55993973#msg55993973

[Argoo]

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.

[sana54210]

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.

[guydin]

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.

[BaeSuzy]

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.