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[AudraMiller]

With the SEC suing the XRP Ripple company, there are many investors that are worried about the value of the coin and the future of the coin, as it could result in major losses for large investors. However, this worry is not just for investors but also for exchanges as well. In fact one of hte crypto exchanges that is known as Bitstamp has taken the action to halt the trading of ripple until the middle of January in the new year. Withdrawals may still proceed. This restriction will be applicable to the US citizens and will not affect the other nations that are involved in trading through this exchange.

Why do you think this decision has been limited to the US traders?

 

[Wisdom01]

I think it was limited to only us traders because it was sec in usa that had issues with xrp and its not affecting others, but its really affecting the price of coin , because man are losing hope on the coin

 

[onlyprofits]

The SEC cannot prohibit its commercialization in other countries, but by doing so in the US it stops many investments made from that country and therefore delays and even endangers the evolution of the cryptocurrency with the current market.

 

[Brain]

It only about the US for now since the suit emanated from the US, so it for them. But I think other investors should follow suit since the outcome of the suit is known to avoid any heavy loss

 

[Wisdom01]

The SEC cannot prohibit its commercialization in other countries, but by doing so in the US it stops many investments made from that country and therefore delays and even endangers the evolution of the cryptocurrency with the current market.

True i think this would stop some investmen t companies , i think its now i know the reason why ripple change their headquarter from usa to another country

 

[onlyprofits]

True i think this would stop some investmen t companies , i think its now i know the reason why ripple change their headquarter from usa to another country

That's right, especially some large institutions that due to the rise of cryptocurrencies are turning their gaze to invest in this ecosystem, but unfortunately Ripple is facing that demand that I trust will come out well

 

[AudraMiller]

I think it was limited to only us traders because it was sec in usa that had issues with xrp and its not affecting others, but its really affecting the price of coin , because man are losing hope on the coin

yes the price of the coin has taken a massive hit. It is natural however as there are many that are selling off their investments in the coin in order to prevent further losses, for the fear that a possible win by the SEC in this lawsuit may result in the coin being delisted on even more exchange platforms than just bitstamp.

 

[westmania]

No idea why limited to US traders but at least all users can trade definitely thats nice. deposit or withdraw is not an issue they can transfer it to bitcoin or tether to withdraw after trade is over.

 

[Furqi]

I really dont have any idea,why limited to trader but atI least all new nd old user can trade thats look good
Deposit or withdrawal are not a big issue.

 

[Wisdom01]

yes the price of the coin has taken a massive hit. It is natural however as there are many that are selling off their investments in the coin in order to prevent further losses, for the fear that a possible win by the SEC in this lawsuit may result in the coin being delisted on even more exchange platforms than just bitstamp.

I think that if major exchange sites like binance start delisting it , then this might be the end of the coin , because the coin price would really fall rapidly

 

[AudraMiller]

I think that if major exchange sites like binance start delisting it , then this might be the end of the coin , because the coin price would really fall rapidly

I agree with you as well. These are the more popular and major crypto exchanges. Personally i am hoping hat exchanges are able to support the coin during this trying time, as the ripple coin does have a lot of potential if it is able to get through this.

 

[Wisdom01]

I agree with you as well. These are the more popular and major crypto exchanges. Personally i am hoping hat exchanges are able to support the coin during this trying time, as the ripple coin does have a lot of potential if it is able to get through this.

I think exchange sites are also doing so to be able to protect investors fund ,because if the coin turns out to be faulty there would be a very big problem i think