Kraken Delists XRP - page 4. | Bitcointalksearch.org

nelson4lov

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Quote from: Gcrypto786 on January 21, 2021, 10:15:54 AM

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Is it safe to invest in the XRP or we have to still wait for the stability of the XRP?

I don't think it would be a wise call to invest in XRP just yet until this saga with the SEC blows over. Trading XRP now is basically a game as there's so much uncertainty around the next direction for the project in light of recent events. Except you know what you're doing, I suggest you just wait it out because more exchanges might decide to follow suit. There would still be time to get in on XRP when all these is over. No need getting caught in the cross fire.

cilgindansci

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Delist news for Ripple continues. These decisions discourage investors. Ripple is unfair about the SEC and still doesn't back down. If these conditions persist, the bad news for Ripple will continue. Price stability for Ripple is now very difficult and it is inevitable that it will lose value in the future Undecided

Mahdirakib

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I think this delisting problem doesn't really affect the XRP price, you can see now that XRP is still in the top 10 rankings, if it does have a very big effect, XRP should have dropped significantly now.

Ripple price has decreased significantly while the SEC charged lawsuit against it's co-founder. The price dropped more when many other exchanger/trading platform announced about delisting. Xrp price had reached above 0.9$ quickly. But after all these news it again back to the point from where it started the rally. How can you say that delisting haven't affected the price of xrp! It's still staying on top ten but lagging behind slowly. We will see another notable move of xrp price at the end of February month when the final decision will be made in court.

CuriousGeorge

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Quote from: IkonaDro4ku on January 21, 2021, 11:16:37 AM

There are so many projects on the market and you still can't leave Ripple alone...
This project has always had a hazy future. Forget ripple and see the world wider!

Agreed, people should move on from ripple and try to find the new gem from the market. We have a lot of legit coins in the market that can replace ripple anytime. Ripple is not the only one that has a blockchain that fully scalable. There are so many blockchain projects that already implemented the scalability solution too.

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Quote from: IkonaDro4ku on January 21, 2021, 11:16:37 AM

There are so many projects on the market and you still can't leave Ripple alone...
This project has always had a hazy future. Forget ripple and see the world wider!

Investing in XRP right now is really risky. Although you need to remember that in the case of a positive decision in court, XRP will go to the moon. Therefore, most investors continue to hold this coin, and some even increase their number at such dumping prices that are now offered in the cryptocurrency market.

Charles-Tim

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The first time I created noncustodial ripple account, I sent $50 worth of ripple to the wallet, surprisingly, 20 ripple which worth around $10 at the time was unable to be used, it is called ripple reserve, anyone that want to invest in ripple and want to use noncustodial means, he will have to have a ripple reserve of 20 ripplewhich can not be sent but locked in the wallet. Why the ripple reserve?

About ripple blockchain, it is clear that it is not decentralized but centralized. Also the law suit filled by United State SEC seems not of a false allegation. If ripple is not truly centralized, then ripple CEO will not sell such $1.3 billion worth of ripple.

Since the allegation, ripple price has been falling, to the extent ripple was not able to partook in the present bull run in the long run, it for now remain a centralized and less worthy coin. That is why most exchange based in United States have being delisting it. Centralized government non-backed coins will surely be shady.

plr

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Quote from: Gcrypto786 on January 21, 2021, 10:15:54 AM

As we all know that XRP is in trouble and recently it is delisted by the coin base. Another exchange is known as "KRAKEN" also announces to delist XRP for US customers on 29/01/2021 at 5PM PT. I think if that happens then XRP will be fall to $0.2 or $0.18.
Is it safe to invest in the XRP or we have to still wait for the stability of the XRP?

Since SEC announced that they are charging XRP things have looked bad for XRP instead of going up in the bull run since they are one of the top coins in the market, they are sliding down in their position and so does their price, I don't expect anything positive on Ripple right now, they have no stability in the market and you must access if this is the coin that you want to invest, they are not worth it right now.

IkonaDro4ku

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There are so many projects on the market and you still can't leave Ripple alone...
This project has always had a hazy future. Forget ripple and see the world wider!

masterrex

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Quote from: Gcrypto786 on January 21, 2021, 10:15:54 AM

As we all know that XRP is in trouble and recently it is delisted by the coin base. Another exchange is known as "KRAKEN" also announces to delist XRP for US customers on 29/01/2021 at 5PM PT. I think if that happens then XRP will be fall to $0.2 or $0.18.
Is it safe to invest in the XRP or we have to still wait for the stability of the XRP?

IMO, I believe that the decision was still yours to make if you are willing to gamble despite that there was a threat coming from the US SEC to prosecute Ripple, And if you believe that Ripple (XRP) will solve that SEC problem through all legal means then that was your choice to make if you want to invest or not. Because I believe that US SEC was after all of the cryptocurrencies that have based or doing business in the US territory meaning after XRP they might turn their noses into other cryptocurrencies and who knows if Bitcoin was next. Because US SEC nowadays is very unpredictable.

X-ray

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Quote from: Gcrypto786 on January 21, 2021, 10:15:54 AM

Is it safe to invest in the XRP or we have to still wait for the stability of the XRP?

It's not safe and stay away from this garbage coin. If you are dealing with this coin and you are putting your money to the chance to get lose instantly due to the bad announcement from SEC that maybe come soon.
Ripple will never stable. It will be following the news that will come from the legal battle with SEC.
if the news will be good and XRP will get positive trend but the opposite thing may happen too.

Jawhead999

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XRP is centralized coin and can only be traded in centralized exchanges, if those centralized exchanges delisted this coin... then it will become worthless since no one will trade again.

Quote from: Ken_terrance on January 21, 2021, 10:21:29 AM

many exchanges have delisted Monero too but look at the privacy coin, still mooning like nothing happened, as for XRP case I'm just been greedy when others are fearful is all, I'm still going to keep by bag

Because Monero is privacy coin and decentralized, it still can be traded on decentralized exchanges (e.g. Bisq) so don't be panic. The purpose of cryptocurrency is being decentralized and no one can control it, so we need to trade more in DEXs and leave CEXs.

Dariusburst

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I don't know how XRP is going to come out of this mess Huh

, I don't want to just into conclusion straight away, all I can do is wait and see how all this plays out in the end, too much delist is bad honestly, it's not a good sign

Ken_terrance

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No one is going to tell you to invest in XRP or abandon the project for another because no one actually knows what will happen in future, many exchanges have delisted Monero too but look at the privacy coin, still mooning like nothing happened, as for XRP case I'm just been greedy when others are fearful is all, I'm still going to keep by bag

Gcrypto786

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As we all know that XRP is in trouble and recently it is delisted by the coin base. Another exchange is known as "KRAKEN" also announces to delist XRP for US customers on 29/01/2021 at 5PM PT. I think if that happens then XRP will be fall to $0.2 or $0.18.
Is it safe to invest in the XRP or we have to still wait for the stability of the XRP?

Topic: Kraken Delists XRP - page 4. (Read 589 times)