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Check out all the screaming at the Bitstamp Reddit. Lots and lots of pi**ed off people https://www.reddit.com/r/Bitstamp/ I'm in there screaming as well.
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Hello Everyone, I am new to XRP, Ripple, and this excellent chat community. I would like to bring up an issue I am having when attempting to purchase XRP. I feel this is having an impact (although it may be very small) on the current price and downtrend. I recently purchased a nice portion of XRP on the Poloniex exchange using BTC. This process was extremely easy because I am familiar with the exchange and had BTC available for the trade. I got in at .36 and am very happy in my long position. After my initial purchase I decided I wanted to make another XRP purchase. Keep in mind this was at least 3 days ago when the price was much higher than it is right now. Unfortunately I am running into the following roadblocks: My first plan of action was to open an account with Kraken as they offer USD to XRP transactions. I was and am still very excited about this. I followed all the steps to get my account verified... and it is still pending 4 days later. On their website they say account verification typically takes 48 hours. Searching the forums and support it appears some people are still waiting for account verification 9 days later. I continue to patiently wait as this is my preferred method to purchase XRP. So patience aside and with the dip in XRP to the low/mid 20's this morning I decided to try option #2. I've had a Coinbase account for a long time and went there to purchase BTC. The plan was to then transfer the BTC to Poliniex and make the XRP trade. Should be easy right? Nope - Coinbase had a disclaimer stating newly acquired BTC will take 7 days before showing up in my account... yikes. So now I am back to square one lol. I am standing here with a large wad of USD and I cannot purchase XRP. I am patiently waiting on Kraken and now considering other exchanges that offer USD to XRP purchases. Of course I am all ears for a better solution if you have one. I wanted to bring up my dilemma because as someone trading altcoins the past few years I did not expect to be in this position. Now imagine someone looking to purchase XRP for the first time... yikes. So what now? What if BTC continues going through the roof as some people predict? Will all of the excitement and new purchases push the 7 day delay even further? If so how long will a BTC purchase take in the future? What about the exchanges and the rush of new accounts? I have now idea how long before my Kraken account is fully verified but they are already behind schedule in a major way. If it takes a person over a week to purchase XRP right now... any ideas on how long it will take in the future? It seems crazy to word the question in this way but XRP is at the mercy of these things unfortunately. I would love to walk up to a Ripple machine right now and buy XRP directly... at its current price, without delay. I wanted to share my experience and bring up these questions because I believe this having a negative impact on the value of XRP. I am not necessarily looking to have my questions answered but am bringing up questions someone new to the BTC XRP ALTCOIN world may have. Please keep in mind I wanted to purchase additional XRP days ago when the price was much higher... hopefully I can make a purchase sometime this or next week... who knows what the price will be then. I believe in Ripple and XRP and want them (and us) to succeed. Have a great day everyone and thank you in advance for the great insights and information already provided on this site.