/biz/ - Business & Finance

>>17430929
>NET LOSS OF 11.9M
HAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHHAHAAHHA

hhhhhhnnnngggggg

>>17430929
>Q4 Money transfer revenue down 6% as well
yes but Crypto transfers went UP

>>17430999
HAHAHAHAHAA
RIPPLES KEY PARTNERSHIP IS WITH A DYING COMPANY

Buy the dip ya retards.
None of you can read hahah

>>17431110
We got a live one boys
HAHAHAHAHAHAHAHAHAHAHHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHABABAABABABABAABAHAHAHAHAHAHAHAHAHHA

Enjoy your useless centralized shitcoin where every single executive or ex executive is dumping as much as they can MONTHLY.

>"buy the dip"
>he thinks Ripple is ever coming back up

Cut your losses and GET OUT NOW

>>17431133
RIPPLE PAID 4.10$ a SHARE FOR A DYING COMPANY THAT WAS WORTH 3$ AT THE TIME AND 2$ NOW

WITH BAGHOLDERS MONEY!!!

HAHAHAHAHAHAHAHAHAHHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHA

It's so quiet now that xrp shills are gone.

>>17431199
If they ever have the nerve to come back, all you have to do is post this thread. Notice how they went quiet today LOL

>>17431199
they're busy committing suicide

>>17431193
THEY HAD TO BUY THEIR WAY IN TOO LMFAO

MONEYGRAM WOULDNT TOUCH THEM UNLESS RIPPLE PAID THEIR FUCKIN WAY IN LOOK MOTHERFUCKERS U HAVE TO USE RIPPLE WE WILL FUCKIN PAY YOU PLZZZ DINOSAUR COMPANY

OH NO NO NO NO AHAHAHAHAHAHA

>>17431222
Their technology is so REVOLUTIONARY, THAT THEY HAVE TO PAY COMPANIES TO USE IT

WOW

>>17431194
Not xrp ya wanker, I’m talking MGI .

:(

I just want to make it ferns

>>17430929
Come on XRP shills, you stink up this board daily, I know you are here. Totally BTFO? No script for this yet??

XRP is for cutting costsx not revenue.

Revenue =/ Gross Profit, you fucking morons

>>17431620
revenue is down, profit is down, stock is down, you're a clown

>>17431670
>>17431670
If you look at the financials, XRP still cut costs by 9.8 million with ODL in just 2019. ODL has more than trippled since

do you not understand basic accountint? Revenue - cost = Profit

XRP only reduces costs. Moneygram just doesnt have good revenue source. XRP is not meant to help Moneygram improve revenue. Just cut costs.

whats there not to get about this?

>>17430929
I still don't get how this thing has a 10B mcap. Who's holding all these worthless coins and why ? Do they really think this shit is going above 2$ ever again ?

>>17431920
>I still don't get how this thing has a 10B mcap.
because its the only crypto with any commercial use at all?

when has anyone used Bitcoin cash, EOS, or tezos commercially?

>>17431955
Fair enough. Just seems weird when people shill it here considering its speculative value is close to zero.

>>17431830
HAAAAAAAAAAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>>17432072
>speculative value close to zero

>>17430929
Damn. Is too late to short MGI?

>>17431830
Cope with it any way you want to. MoneyGram lost money again. Revenue is down and so are profits. That is why the stock is tanking more. They're doing slightly better in operating costs than 2018 Q4 because they they've been laying off employees all year in 2019
https://www.dallasnews.com/business/2019/11/18/dallas-based-moneygram-to-eliminate-up-to-90-jobs/
But yeah keep buying this scam

>>17432241
>MoneyGram lost money again
great. i didnt know XRP was actually just shares of money gram.
>revenue is down
XRP is for cutting costs. How do you not get this? XRP was never supposed to be an incentive for more people to use moneygram to generate more revenue. XRP was for cutting costs to PRESERRVE as little revenue moneygram gets.
>laying off employees
the financial statement directly states here >>17431830 the 9.8 million costs reduced was solely XRP
>HURRRR WHAT IF MONEYGRAM IS JUST LYING
that would be breaking a federal law you fucking moron. the XRP cost savings are well tracked because they were originally going to count XRP as part of revenue but then converted it to contra expense.

go read the financials again. they credit XRP solely to a 9.8 cost savings. Maybe cost went down because of employee lay off or not. But if it did have you ever thought ODL replaced those said employees jobs??

>XRP saved money gram 8.9 million dollars just from using ODL for 10% of MXN corridor transactions
>This is bad
Yes please keep fudding. DUMP DUMP DUMP, SELL SELL SELL GET RID OF YOUR XRP PLEASE

>>17432351
>credit XRP solely to a 9.8 cost savings
> ODL replaced those said employees jobs
Christ, there are no bigger morons in the crypto space than RippleTards who will defend scammers who make money off them while avoiding any critical thinking

>>17430929
>There are people on this board who actively watch the markets so hard just to fud XRP
>Actually spend time out of their day seriously making board threads about XRP
I feel really bad for you OP. Your life is this horrible just hating on XRP? That's all you do. You live a sad life. You were on last night fudding xrp like a retard and circle jerking yourself about Moneygram and here you are again...

Screencapping this, putting it into my xrp fud folder for when we moon

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

I JUST WANTED TO MAKE IT WHYYYY

>>17430929
>>17430999
>>17431110
>>17431193
>>17431222
>>17432241
>In 2020, there are actually mentally deranged retards that get so excited about short term price movements of some fintech company, sit on biz and cant wait to start a thread and get so excited they spam caps lock

incredible

>>17432496
Yeah the caps lock cope is real.

>>17432410
>credit XRP solely to a 9.8 cost savings
YES.
Do you not get basic accounting? You cant mis label contra expense accounts. That would be breaking federal law. On their financial statement, they literally state word for word XRP added 9.8 million to a contra expense.

How do you not understand this? If a company loses $5 worth of cardboard everytime they make a product, you cant just say
>Debit $5 to Nigger lynchings

If XRP save 9.8 million in costs, you cant just say
>9.8 NOTHING TO DO WITH XRP, ALL EMPLOYEE LAY OFFS

also, XRP is a CONTRA EXPENSE. as you can directly track what expense is being cut. You cant track the contra expense of an employee lay off.

>ODL cant replace jobs
Do you even understand how money processors settle money now? They have to go through hoops of verifications by all types of people to keep track of it and maintain the computers that do so. So yes, ODL can cause employee lay off

>>17432351
Ripple is hiring more people, you retard. Where do you get this FUD?

>>17431133
>>17431150
>>17430929
>>17431194
Were people this badly burned by the Ripple pump they can't wait to FUD 2 years later? Jesus christ

They act as if Ripple and Moneygram is on a vacuum and the whole market isn't crashing

>>17432526
THEY MAD LINK IS NOSE DIVING AND XRP IS SHOWING STRENGTH
LOLL
TOOK A BREAK FROM POSTING LITERALLY 20 LINK THREADS TO THROW ICE AT THE SUN

XRP
THE
FUCKING
STANDARD

Remittance is a meme in 2020+, even street shitting pajeets are using BITCOIN to send money home

>>17431194
>Literally telling people to get out
We're you this badly burned? Jesus christ

The hatred for Ripple is real. Wew. The whole crypto market is crashing. The stock market is crashing. But somehow we need to target Ripple. We have to get our rocks off and circle jerk about how Ripple sucks

Can't make this up

>>17432594
XRP isnt even dumping as hard as a lot kf the market

>>17432645
Because it hasn't recovered at all to begin with

>>17432677
It consistently stayed between a certain sat range... There is no such thing as "recover"

Unless you bought the top, of course

>>17432677
and this matters for someone who bought a day ago, how?

>>17432435
This. Underage and pajeet fudsters comprise most posts Xrp threads. It’s because they have no idea how the market works and think Xrp is a threat to their trash coin.

This really doesn’t at all change my view on Xrp and especially not on a day when the entire market is red

Thanks for the cheap options faggots!

>>17432514
I applaud you for trying anon, but these people are lost causes

>>17432496
>in 2020 there are actually
yeah /biz/ went to shit after the 2017 bullrun, this is actually completely normal