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Author Topic: XRP TRADING SUSPENDED  (Read 588 times)
mianvicky1 (OP)
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December 29, 2020, 06:42:55 AM
 #1

AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am.  after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .
meanwords
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December 29, 2020, 07:47:00 AM
 #2

I've heard the news. It's pretty devastating to those who really didn't listen to the news. And not just Coinbase, others like crypto.com are also suspending the trade of XRP to US which will start Jan of next year. I can see more companies delisting XRP in the future.


Source:
https://twitter.com/cryptocom/status/1343729471413620736?s=20
https://www.coindesk.com/coinbase-suspends-xrp-trading

Iyeman
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December 29, 2020, 08:05:17 AM
 #3

i knew that and i just expect more announcement will come soon from the US based exchange site. it maybe poloniex and bittrex will become the next exchange site who will be suspend the trading for ripple on their platforms. Coinbase and crypto.com already announced that but we hare some more US based exchange sites that are not yet taken the decision regarding the future of ripple.
this could be the end for ripple as well.

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danglongbtc
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December 29, 2020, 08:16:47 AM
 #4

This is really bad. This is a clear exhibition of power of SEC. US traders may want to consider for exchanges that aren't affected by SEC otherwise, when regulation introduced, it will create a mess.
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December 29, 2020, 08:18:14 AM
 #5

Every day come bad news for XRP. So every day fall down XRP price last 10 days XRP price almost 60% down what next XRP price soon we are see another price fall
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December 29, 2020, 08:32:40 AM
 #6

This is getting really intense and serious, and from all angles it is spelling bad for XRP hence the team needs to put everything in place to ensure they take care of this situation as early as possible. This is because the problems facing XRP keeps compounding, first they need to sort out themselves with SEC and secondly with exchanges which have delisted and already thinking about doing so, in addition, with what is happening to XRP no exchange will be happy to be under the radar of SEC as it is now clear that, once SEC comes for a platform, fud is already generated and that will cause dump for the coin or token of that platform.
In the case of XRP, the best strategy is to sell, even at loss and move over to Bitcoin, because the more exchanges delist, the more the value drops drastically.

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arabianhorse
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December 29, 2020, 09:12:16 AM
 #7

Coinbase will suspend trading in XRP on January 19. I heard the news. Too bad news for xrp. Today coinbase has given news to delist, tomorrow news will come from another exchange. If regulation is done in this way, many good coins will be destroyed from the market.
Brindez_kromo
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December 29, 2020, 10:54:39 AM
 #8

The XRP coin holders must be very anxious for this issue,there will be panic sales and it will greatly affect the market price.no wonder if the market price is very drastically decreased because of various rejections carried out by various markets
The SEC's power has brought them down, is this really going to end the XRP journey?
It is interesting to keep up to date with this news
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December 29, 2020, 10:58:05 AM
 #9

Well this coin was always quite suspicious

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December 29, 2020, 11:31:40 AM
 #10

I have some XRP in my wallet.
I heard that XRP is being banned from various exchanges.
What should I do now?
I will not hold for a few more days or sell.
Would anyone please cooperate a little?
mianvicky1 (OP)
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December 29, 2020, 11:38:57 AM
 #11

Every day come bad news for XRP. So every day fall down XRP price last 10 days XRP price almost 60% down what next XRP price soon we are see another price fall
YES YOU ARE RIGHT XRP IS EVEN ON NUMBER 3 IN COIN MARKET CAP BUT THE LUCK OF THIS COIN IS VERY BAD ,
WHENEVER THE PRICE WISE COIN NEED TO FLY THEN AT THE SAME TIME THEY NEED TO FACE THESE KIND OF NEWS . I DONT THINK SO THIS COIN WILL GO HIGH IF THIS KIND OF PROBLEMS COMES IN FUTURE .
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December 29, 2020, 11:41:43 AM
 #12

AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am.  after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .
If the XRP trading on Coinbase is temporarily suspended then I think this is the right time to buy XRP,
because currently XRP is very cheap, especially when XRP is still in the top altcoins,
of course there is still potential to bounce at a minimum $ 0.5

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December 29, 2020, 12:03:53 PM
 #13

Recently, there has been some bad news for XRP, and exchanges have repeatedly proposed to delist them. I don't know what countermeasures XRP has against the SEC prosecution. At present, it seems that XRP has no countermeasures. Undecided

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December 29, 2020, 12:09:47 PM
 #14

As a result of the aftermath of the SEC suing Ripple, which issued the crypto asset XRP, the price has plummeted unstoppably in the past week. Not only is the Coinbase exchange stopped trading XRP but a number of other exchanges are reluctant to trade it again such as the OSL, Beaxy, CrossTower, B2C2 exchanges, there is even a possibility that the OKEX and Binance exchanges will stop XRP trading.
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December 29, 2020, 12:10:41 PM
 #15

There are some exchange already announce that they are going to delist XRP so if you have XRP on that exchange make sure you act accordingly or else you'll lose that money and to prevent the hassle, try to trade it before the deadline. The pressure is too much, I expect more exchanges to follow coinbase decision, maybe ASIAN market will be the last option for XRP, this is very unfortunate for their growing business.

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December 29, 2020, 12:55:36 PM
 #16

AS we know coinbase is suspended the trading of xrp because of US regulation last week . coinbase said trading of xrp is limit for only 2:30 monday, and it will be fully suspended after jan 19 at 10 am.  after this news xrp price fell 19% and new price is 0.22$ . PRICE of XRP fell 0.24$ from 0.28$ within the 20 min after the announcement .

Brad Garlinghouse knows this already, at first they should leave the US soil and set up the company HQ elsewhere and choose a crypto-friendly territory, SEC was already waging war against cryptocurrencies that were base and operated in the US territory that they think as suspicious.

IMHO, I believe that SEC will not stop on Ripple many crypto-based companies that operated in the US territory are now under the SEC radar for suspicion. so I think it will not stop and we continue to hear about this kind of issue.  
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December 29, 2020, 02:07:11 PM
 #17

Many exchange market have suspended for trading ripple from coinbase until bittump and almost united state exchange have stopping for deposit, withdraw and trading with ripple coin after investigating SEC or Securities and Exchange Commission. Any exchange give extended time more than two weeks later for Ripple could win for SEC cases and back normally for trading on any exchange but if they loss maybe Ripple become bigger coin will delist on any exchange market, just waiting for how Ripple team will give reason to fight with SEC they will win or loss and many investor have loss with drop price from Ripple.

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December 30, 2020, 02:32:46 AM
 #18

The XRP coin holders must be very anxious for this issue,there will be panic sales and it will greatly affect the market price.no wonder if the market price is very drastically decreased because of various rejections carried out by various markets
The SEC's power has brought them down, is this really going to end the XRP journey?
It is interesting to keep up to date with this news
Luckily I got good profit from XRP, both during its low and got it right to sell during 0.7$. Its just an accident when I bought XRP, I suddenly convert my funds to XRP instead of Bitcoin. Unexpectedly, the price continued to increase and learned that there a fork thats gonna happen and just decided to hold it. It's sad that most didn't experience my profit, this is the downside of altcoins, you can earn a lot in one day and also lose all in one day. Just invest what you really can afford to lose.
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December 30, 2020, 02:48:44 AM
 #19

"The complaint alleges that Ripple raised funds, beginning in 2013, through the sale of digital assets known as XRP in an unregistered securities offering to investors in the U.S. and worldwide. Ripple also allegedly distributed billions of XRP in exchange for non-cash consideration, such as labor and market-making services. According to the complaint, in addition to structuring and promoting the XRP sales used to finance the company's business, Larsen and Garlinghouse also effected personal unregistered sales of XRP totaling approximately $600 million."

They clearly crossed a line.
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December 30, 2020, 03:47:12 AM
 #20

Usa will regulate not only xrp but many more coins in the future. If good coins like Xrp are destroyed in this way, many more coins will be destroyed in the future. xrp new update https://ripple.com/insights/our-statement-to-recent-market-participant-activity/ 
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