OKCoin suspend XRP trading and deposits (after Coinbase announcement)

[robelneo]

Xrp or Ripple has a huge plan this year they even launch their Fuel airdrop to pump the price of Ripple, but all the plans and roadmap and dreams of their holders are shattered because of the SEC action, this is a long court proceeding, SEC is ready for that, but Ripple cannot manage a very lengthy court proceeding.
It will slowly damage its reputation and investors and exchanges will have a second thought about supporting their cause it will be bad news one after the other for Ripple, this is going to be costly for Ripple they should be ready and do the best possible way to get out of this situation.

[husdemba]

All major cryptocurrency exchanges are taking the same steps. In this case, no one stands with Ripple because the SEC is too strong. Ripple must look for a solution or their future will be too dark 

[Becky666]

coinbase, bitstamp and now okcoin, this is really bad. in the market, ripple is the most unlucky altcoin because it is not enjoying the ongoing increase. the more exchanges that start suspending ripple, the harder it will be for ripple to survive. and maybe this will be the hardest time for this coin.

This will definitely be the hardest time for ripple (if the coin will be back to existence again) becasue after these aforementioned cryptocurrency exchange de-listing ripple from their platforms more others will follow which won't be good for ripple as altcoin. Well, i don't really blame SEC for this suit against ripple becasue they did more harm to investors (including myself). Most of the time it value went down was from their unlimited supply in their shitcoin which they used as an advantage to unlimitedly dumped coins on investors regularly.

[azisjz4]

This is a tough problem for Ripple, with the suspension of XRP Trading and Deposits on OKCoin and some delisting exchanges including Bittrex will send XRP prices down even further. Currently XRP price is hovering around $ 0.2, maybe in the next few days it will fall further to reach $ 0.1. It's just waiting to see if Binance will suspend XRP as well, because if Binance does something similar, it will obviously make XRP even less valuable.

[Stalker22]

Not happy hearing these news, imagine if the Sec opens a law suit against Bitcoin as a cryptocurrency .. what would happen?
...

Don't compare a centralized cryptocurrency like XRP with Bitcoin. Who exactly would the SEC sue in the case against Bitcoin? There is no centralized institution or company behind Bitcoin.
It would be as if someone wants to file a lawsuit against the Internet.

[sgenuine]

Coinbase will remove XRP from its trading platforms, but the ability to deposit and withdraw funds from wallets will fortunately be preserved. Those who have XRP will be able to participate in token giveaways. OKCoin will suspend trading of the asset and freeze operations on withdrawal and replenishment of deposits. Bad news for Ripple.