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Author Topic: Bittrex removing XRP  (Read 539 times)
Dr.Osh
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December 30, 2020, 05:27:27 PM
 #41

After coinbase and Okcoin announcement, bittrex is also removing XRP on 15 January 2021 announced here- https://bittrex.zendesk.com/hc/en-us/articles/360054838991-XRP-Market-Removal-January-15-2021
Just wondering, why Kucoin has created a competition for deposit and trade XRP on their platform.
if it's like this, then sooner or later, XRP will really lose its market. for now, we suspect that Kucoin is doing this to defend XRP, but if the popular markets out there delist XRP, sooner or later, the price of XRP will fall.

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AjithBtc
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December 30, 2020, 05:37:02 PM
 #42

Already coinbase have removed XRP from its trading. Now it's the time for more other exchanges delisting XRP. SEC is thriving much deep and it is very strong with all proofs. Thats a big turnaround with the market in no time. Finally the sufferers were the common people who were left with the least opportunity to trade the world's fourth largest cryptocurrency.
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December 30, 2020, 05:42:55 PM
 #43

WTH XRP is surely having a bad time right now many investor/traders lost a lot because of it.
XRP gained attention because of it's snapshot and most of my friends invested on it because of FOMO I was also going to invest but I like to hold my BTC rather than converting it into XRP.

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December 30, 2020, 06:48:12 PM
 #44

WTH XRP is surely having a bad time right now many investor/traders lost a lot because of it.
XRP gained attention because of it's snapshot and most of my friends invested on it because of FOMO I was also going to invest but I like to hold my BTC rather than converting it into XRP.

With current conditions, of course it will be very risky to hold XRP because there is possibility that there will be a complete elimination of XRP in the cryptocurrency market and of course the impact of enormous losses will occur to XRP holders, for me personally it is better to release XRP now and exchange them for safer altcoins like ETH or BNB.

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December 30, 2020, 06:53:18 PM
 #45

WTH XRP is surely having a bad time right now many investor/traders lost a lot because of it.
XRP gained attention because of it's snapshot and most of my friends invested on it because of FOMO I was also going to invest but I like to hold my BTC rather than converting it into XRP.

With current conditions, of course it will be very risky to hold XRP because there is possibility that there will be a complete elimination of XRP in the cryptocurrency market and of course the impact of enormous losses will occur to XRP holders, for me personally it is better to release XRP now and exchange them for safer altcoins like ETH or BNB.


And you don't think that this is a specially staged performance to drop all the random passengers from the Ripple rocket before the flight to the moon!

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December 30, 2020, 07:01:30 PM
 #46

WTH XRP is surely having a bad time right now many investor/traders lost a lot because of it.
XRP gained attention because of it's snapshot and most of my friends invested on it because of FOMO I was also going to invest but I like to hold my BTC rather than converting it into XRP.

With current conditions, of course it will be very risky to hold XRP because there is possibility that there will be a complete elimination of XRP in the cryptocurrency market and of course the impact of enormous losses will occur to XRP holders, for me personally it is better to release XRP now and exchange them for safer altcoins like ETH or BNB.


And you don't think that this is a specially staged performance to drop all the random passengers from the Ripple rocket before the flight to the moon!

This is also a possibility, even the posssibility of an inside job is so weak; SEC is working for point but we can't expect how things would turn with the huge number of XRP holders. 

 
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December 30, 2020, 09:25:51 PM
 #47

This is going to be a hard hit on ripple and a road to the end. Top relevant exchanges have started backing out and many more will do same. It will be risky to hold or trade ripple at this time.

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December 30, 2020, 11:39:13 PM
 #48

Just wondering, why Kucoin has created a competition for deposit and trade XRP on their platform.
This is just a business strategy, Kucoin sees this as a great opportunity to attract XRP holders to move to Kucoin, when many exchanges reject XRP then Kucoin becomes an exchange that accepts XRP and takes the opportunity.
I saw nothing surprising about this, but yes, it wouldn't be a bad move to attract a lot of traders there. Smiley
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December 31, 2020, 12:08:01 AM
 #49

But no mention on Bittrex global, so it looks like it is just the US. It is very interesting to watch this compilation.
Just wait to buy on any good news. No sense holding through this

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December 31, 2020, 12:46:53 AM
 #50

Just wondering, why Kucoin has created a competition for deposit and trade XRP on their platform.
This is just a business strategy, Kucoin sees this as a great opportunity to attract XRP holders to move to Kucoin, when many exchanges reject XRP then Kucoin becomes an exchange that accepts XRP and takes the opportunity.
I saw nothing surprising about this, but yes, it wouldn't be a bad move to attract a lot of traders there. Smiley
It looks like it's Kucoin's strategy to bring more traders to their platform, but there is still binance even though Binance doesn't have any competition, many traders seem comfortable trading on Binance, because Binance is one of the highest volumes. if the prize given by KUCOIN is large, maybe many traders will follow it
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December 31, 2020, 03:11:06 AM
 #51

After coinbase and Okcoin announcement, bittrex is also removing XRP on 15 January 2021 announced here- https://bittrex.zendesk.com/hc/en-us/articles/360054838991-XRP-Market-Removal-January-15-2021
Just wondering, why Kucoin has created a competition for deposit and trade XRP on their platform.

The deal might already be made a contract with Kucoin months ago before this Sec thing has been announced. With the contract has already been signed, Kucoin needs to do the thing they agreed upon. Therefore, we still see the competition for XRP in their exchange. however, We will need an official announcement from the Kucoin regarding this one. Which will clear their name to the crypto industry.

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December 31, 2020, 05:03:59 AM
 #52

After coinbase and Okcoin announcement, bittrex is also removing XRP on 15 January 2021 announced here- https://bittrex.zendesk.com/hc/en-us/articles/360054838991-XRP-Market-Removal-January-15-2021
Just wondering, why Kucoin has created a competition for deposit and trade XRP on their platform.

This is so sad to all who holds Ripple(XRP) now, even in Binance they are suspending the trading and deposit unto it.
The issues for Ripple is not yet being resolve. Meaning, at this point of time it is not the right time to buy XRP and no wonder
why for a couple of days the price will dumped in the market.
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December 31, 2020, 05:51:58 AM
 #53

WTH XRP is surely having a bad time right now many investor/traders lost a lot because of it.
XRP gained attention because of it's snapshot and most of my friends invested on it because of FOMO I was also going to invest but I like to hold my BTC rather than converting it into XRP.

Only the people who have been going out after the snapshot will be a winner in XRP market. This dump trend will still continue as the more problem will come. Even the exchange site that doesn't operate in US started to delist XRP from its exchange sites and that means if ripple will be facing a very difficult situation if non us exchange sites will be following the step that already taken by the US-based exchange site.
Ripple will die soon dude.

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December 31, 2020, 10:44:54 AM
 #54

WTH XRP is surely having a bad time right now many investor/traders lost a lot because of it.
XRP gained attention because of it's snapshot and most of my friends invested on it because of FOMO I was also going to invest but I like to hold my BTC rather than converting it into XRP.

With current conditions, of course it will be very risky to hold XRP because there is possibility that there will be a complete elimination of XRP in the cryptocurrency market and of course the impact of enormous losses will occur to XRP holders, for me personally it is better to release XRP now and exchange them for safer altcoins like ETH or BNB.


And you don't think that this is a specially staged performance to drop all the random passengers from the Ripple rocket before the flight to the moon!

This is also a possibility, even the posssibility of an inside job is so weak; SEC is working for point but we can't expect how things would turn with the huge number of XRP holders. 

And yet, I am inclined to think that this action is planned.

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December 31, 2020, 12:51:49 PM
 #55

Quote
Bittrex just another one to add to the list.

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I am not sure but i think Huobi also jumped ship
No idea what it says
https://imgbb.com/QNd3bn8

And the next one https://support.binance.us/hc/en-us/articles/1500000956801
Finanlly this crypto parasite is dealt with, such a nice christmas gift.

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December 31, 2020, 01:05:58 PM
 #56

Bittrex is not a big exchange anymore. The volume of this market has decreased over the last few years. This move may not affect ripple much since it has suffered much from SEC. Delisting from Bittrex is inevitable since bittrex locates in US

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December 31, 2020, 01:20:57 PM
 #57

Bittrex exchange XRP removed.
I'm a cryptocurrency lover,
I invest by visiting the market all the time.
I don't think Bittex is a big exchange,
I intend to buy XRP on kucoin exchange.
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December 31, 2020, 02:04:50 PM
 #58

Bittrex is not a big exchange anymore. The volume of this market has decreased over the last few years. This move may not affect ripple much since it has suffered much from SEC. Delisting from Bittrex is inevitable since bittrex locates in US

Maybe because of the strick rules they ad to it's users in 2017 when they make a mandatory KYC to it's users . Binance is one of the largest volume exchange right now and they also delisted XRP from binance.us exchange not the main exchange they are only restricted from US citizens . By the way there are also news that coinbase is also Sued by SEC by selling security tokens which is XRP.

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December 31, 2020, 02:12:08 PM
 #59

Bittrex is not a big exchange anymore. The volume of this market has decreased over the last few years. This move may not affect ripple much since it has suffered much from SEC. Delisting from Bittrex is inevitable since bittrex locates in US
I agree,exchange like Bittrex only follow suit of the larger ones. Coinbase has already delisted XRP and with any surprises more exchanges will most likely continue to delist XRP. Meanwhile its price keeps dumping.

Is there an end to this for XRP? Who knows, even if they do go through with the legal battle, investors confidence has already been stained.
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December 31, 2020, 02:41:50 PM
 #60

Bittrex is not a big exchange anymore. The volume of this market has decreased over the last few years. This move may not affect ripple much since it has suffered much from SEC. Delisting from Bittrex is inevitable since bittrex locates in US
I agree,exchange like Bittrex only follow suit of the larger ones. Coinbase has already delisted XRP and with any surprises more exchanges will most likely continue to delist XRP. Meanwhile its price keeps dumping.

Is there an end to this for XRP? Who knows, even if they do go through with the legal battle, investors confidence has already been stained.
Well this waves of bad news for XRP gonna end if they happen wins the lawsuit however if it's the opposite and things go south, just expect more and more exchange to delist it and making XRP vanish from its existence like a thin air.
Though as you said, XRP already has bad reputation just because of this lawsuit alone and I doubt it's gonna ever recover and go beyond its former normal price.

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