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Author Topic: Kraken Delists XRP  (Read 589 times)
tvplus006
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January 24, 2021, 12:31:15 PM
 #41

Even if the court decision become positive, would the exchange market that already delist XRP will list XRP back? If its happen im sure XRP will go back to the price before dump, but if not the price will go nowhere. Moreover, if there will be more exchange which start to delist XRP that will be bad sentiment which affect on XRP price. Avoid XRP investment would wiser at this time.

If the court's decision is in favor of Ripple, then I am sure that the next day all the exchanges that previously excluded XRP from the exchange will restore trading on this coin. But even if the decision is not made in favor of Ripple, it is unlikely that other exchanges will continue delisting XRP.

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January 24, 2021, 12:45:31 PM
 #42

So one of the biggest exchange delisted XRP so what's next? Binance? Seems XRP is slowly dying it is really damaging now, I hope XRP can survive. XRP is very useful to me for transferring my funds because of low transaction fee.
I don't think XRP will have an advantage with the SEC in the upcoming legal battle. They should, I think, think of the best stacking process or arrangement. If it fails, investor skepticism and devaluation of the crypto world will also be of interest. Shame to look at XRP's trading volume over time.
Quote
XRP is very useful to me for transferring my funds because of low transaction fee.
The crypto environment adapts very quickly to that. TRX, DOGE are still pretty decent for the replacement.
Looking ahead, if a series of major exchanges close with XRP, who will remember XRP's value? forecast 0.15 for XRP price in February.


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January 24, 2021, 01:04:27 PM
 #43

Exchanges don't want to risk working with Ripple. Nobody knows how this story might end.
It seems to me that if the situation were really bad, then the coin would be worth nothing. Now ripple cost still something, so there is a chance that Ripple will live
Yes, and I think that is a very natural thing, because every exchange always keeps their good name to the public and they also don't want to get into new trouble as a result of that, so some exchanges are releasing themselves with XRP tokens in the form of suspensions and deletions.
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January 24, 2021, 01:09:33 PM
 #44

Exchanges don't want to risk working with Ripple. Nobody knows how this story might end.
It seems to me that if the situation were really bad, then the coin would be worth nothing. Now ripple cost still something, so there is a chance that Ripple will live
It is clear that Ripple will still be active, but right now they are in a state where they have to do their best in court. I don't know how the game ends, but maybe we'll see Ripple going to dip. and if you believe that Ripple can handle all that, it might be an opportunity you can't miss
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January 24, 2021, 06:20:49 PM
 #45

XRP does not fall significantly yet but it's volume is decreasing significantly. I guess it will take time before this coin will be out in the game, the US market is quite big to lose, I investors will realize that they are playing a high risk here of still holding XRP or even trading it.

Marketcap now is only $12 billion, if price will dump at 0.05 usd, this will slide down significantly and probably will be out in the top 10 spot.

Not be able to sent/receive to any US resident, citizen or business is devastating, the end. Thats is not  viable internet money-

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January 24, 2021, 08:56:12 PM
 #46

So one of the biggest exchange delisted XRP so what's next? Binance? Seems XRP is slowly dying it is really damaging now, I hope XRP can survive. XRP is very useful to me for transferring my funds because of low transaction fee.

i heard if xrp already suspended in coinbase, this is really bad situations for xrp
maybe people who believe with xrp now must change their mind and accept the facts if xrp isn't good investments
regards
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January 24, 2021, 08:56:43 PM
 #47

From what I know, Coinbase does not delist XRP but suspend their trading, and for Kraken I still haven't seen this news on Kraken's Twitter officials,
is this a rumor or not? make sure it's better to share this tweak link, so that everyone can believe, indeed Ripple is having a problem,
but it will definitely be resolved, and so far XRP is also not experiencing a dump anymore, because the whales are being accumulated.
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January 24, 2021, 09:04:48 PM
 #48

So one of the biggest exchange delisted XRP so what's next? Binance? Seems XRP is slowly dying it is really damaging now, I hope XRP can survive. XRP is very useful to me for transferring my funds because of low transaction fee.
XRP is my option also whenever I convert my withdrawals into fiat durle to lower fees, it saddened that many exchanges already delisting XRP to avoid any SEC issues that may happen in them. There are too many negative reviews now keep popping for XRP that I don't hold any of it as of now until the issues not resolve, it will take more exchanges who will decide to do it unless SEC issues will be resolved.



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January 24, 2021, 10:24:42 PM
 #49

The SEC makes many alternative coins to collapse because the goal is to destroy cryptocurrencies that are invisible and have no clear legality, while the SEC will never be able to interfere with bitcoin because indeed the goal is very clear that the creation of bitcoin can never be controlled by anyone, including the SEC. therefore if XRP is currently removed from various exchanges it is very reasonable because many exchanges prefer to be safe from SEC investigations.
I agree, it makes some coins into a massive dump, we all see that in xrp, xrp has their new ATH recently and then when SEC come in their way the dip of the coin is massive many people go broke because of that, but we can't blame them for buying the coin, it just that the unexpected issue towards xrp has been created the pushes exchanges and people to sell their xrp, and a lot of rumors has been released under the name of that coin so in order for some exchanges not to be sued or get the fire to hard them they will instantly announce the delisting.
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January 24, 2021, 10:25:58 PM
 #50

This sudden delisting of XRP is really not good. Though I have gain a lot of profit from XRP, it just really sad that because of delisting the price is unstable and unsure of what the future will bring. Its one of the supported coin in our country, and it has a lot of use personally for me since I can transact without even spending big amount of fund.
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January 24, 2021, 10:41:20 PM
 #51

This sudden delisting of XRP is really not good. Though I have gain a lot of profit from XRP, it just really sad that because of delisting the price is unstable and unsure of what the future will bring. Its one of the supported coin in our country, and it has a lot of use personally for me since I can transact without even spending big amount of fund.
You should find an alternative coin to be used as a replacement for ripple. The liquidity of ripple is also going down along with the more exchange sites declared to ban ripple. This is not something good for us dude. -20% for its daily trade volume

https://coinmarketcap.com/currencies/xrp/

The worst thing for ripple will happen soon.

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January 24, 2021, 11:13:42 PM
 #52

This sudden delisting of XRP is really not good. Though I have gain a lot of profit from XRP, it just really sad that because of delisting the price is unstable and unsure of what the future will bring. Its one of the supported coin in our country, and it has a lot of use personally for me since I can transact without even spending big amount of fund.
The lawsuit was not a surprise but it came at the wrong time when the market was rallying. There were issues with the way in which they raised amount back in 2018 and there were legal proceedings against them during that period and now SEC followed up with that and filed the lawsuit and the exchanges are forced to delist and the future is not that great.
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January 25, 2021, 06:29:14 AM
 #53



The worst thing for ripple will happen soon.

It could happen in three to four months it's not even a month and yet so many things happened on XRP, some top exchanges are delisting it, it is still listed in our local exchange but for how long the worse is yet to come for Ripple, investors who are still holding their XRP should have a backup plan in case the worse scenario happens, Ripple has become a risky investment to hold now, it could go from dip to crash.

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January 25, 2021, 06:36:07 AM
 #54

No one knows what will happen... but I think when there's risk there's opportunity. I've kept some XRP and wait till 0.4 and will sell.  Roll Eyes
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January 25, 2021, 06:43:58 AM
 #55

did not know about this news, just now. i'm curious what could be the effect of delisting the XRP to this kind of exchange? before, the price of the xrp reaches 0.20 or something but now it was around 0.27 some investors who buy on 0.20 line got really good profit.
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January 25, 2021, 09:58:25 AM
 #56

No one knows what will happen... but I think when there's risk there's opportunity. I've kept some XRP and wait till 0.4 and will sell.  Roll Eyes
There will be always an opportunity but you should also remember if ripple has a big chance to be a dead project as soon as possible.
It will never go back again to the 40 cents and that's only a dream. This time so many people aware if ripple has no future and the daily trade volume is growing down from the day by day.

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..PLAY NOW..
Ronny29
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January 25, 2021, 01:29:30 PM
 #57

No one knows what will happen... but I think when there's risk there's opportunity. I've kept some XRP and wait till 0.4 and will sell.  Roll Eyes

I sell all my XRP 0,31 and now i feel better,
despite the fact that I lost money. But i forget it and go forward.
Teraboy
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January 25, 2021, 01:41:28 PM
 #58

No one knows what will happen... but I think when there's risk there's opportunity. I've kept some XRP and wait till 0.4 and will sell.  Roll Eyes

I sell all my XRP 0,31 and now i feel better,
despite the fact that I lost money. But i forget it and go forward.
I have sold all of my XRP at 60 cents and got very nice profit when so many people are thinking they will got money from the flare token but after the legal suit by SEC and it looks like spark developers already abandoned the coins that airdropped to the XRP holders.
Kraken is also giving very bad impact to the liquidity. The problem is when liquidity of ripple gets drained and people have no way to withdraw their money.
RPDesim
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January 25, 2021, 01:43:46 PM
 #59

No surprise there, eventually all exchanges will delist XRP if things don't get resolve between Ripple and SEC. And IMO, things will get worse if none of the two surrenders.
virasisog
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January 25, 2021, 01:48:51 PM
 #60

The lists of exchange removing XRP on any pairs will keep going as long as the issue is not resolved, especially those exchanges sited in the U.S. The price is still holding on due to XRP believers or supporters despite the issue. I wonder how long will this keep on while the issue is still alive, XRP's rank in the market cap is going down as time goes by.
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