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/biz/ - Business & Finance


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17477973 No.17477973 [Reply] [Original]

Judge DENIES Ripples motion to dismiss securities lawsuit, today

Moneygram posts a revenue loss of 6%

Moneygram posts a money transfer loss of 6%

Moneygram LOWERED guidance

We find out Ripple paid an extra 11.4M USD for Moneygram to use their “tech” LOL

Bagholders (you) have given 61.4M USD to a dying rent-seeking company, stock is down 60% from where Ripple bought and YOU have recieved NOTHING

You are SERIOUSLY BRAIN DAMAGED if you still hold XRP, once it is declared a security, it drops sub 5 cents. I welcome the XRP shills on this board, I know you need to feed your pajeetlets.


>3 xrp goyim tokens will be deposited into your account if you refute this “FUD”

>> No.17478001

Based post

>> No.17478048

Cripples eternally BTFO

>> No.17478071

>>17477973
Gonna need some links

>> No.17478087

>>17478071
>doesn't hold 10k minimum links

uh oh

>> No.17478092
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17478092

>>17477973
>We find out Ripple paid an extra 11.4M USD for Moneygram to use their “tech”

>> No.17478095
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17478095

>>17477973
Oh look its the same braindead retard going on about old news on the silly lawsuit

go back to the Jed fud this just sucks...

>> No.17478102

>>17477973
Don't know about the validity of the post but I'm convinced ripple is a theranos tier scam

>> No.17478114
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17478114

>>17478071

Securities lawsuit drop denied

https://7bitcoins.com/judge-will-let-xrp-lawsuit-to-continue-against-ripple/

Ripple paying Moneygram 11.4M

https://www.crowdfundinsider.com/2020/02/157947-moneygram-received-11-3-million-from-american-fintech-ripple-during-q3-and-q4-of-2019-as-a-market-development-fee/

Moneygram disasterous earnings
>pic related

>> No.17478133

>>17478095
>“Old news”
Posted today

You’ll need to do better than that to recieve your goyim tokens, apu.

>1 ripple goyim token has been deducted from your account

>> No.17478134

>>17478102
yea, they're on a similar level

>> No.17478182

What does this mean for Rumens

>> No.17478207

>>17478133
No, it was yesterday. Everyone was talking about it. zzzzzzz old news...such boring fud just go with the Jed dumping, it works better in a market like this

>> No.17478256

>>17478134
at least they're scamming the lowest denominator crypto normie and some tech illiterate bandwagon banks

>> No.17478671

>>17477973
Lol fucking Ripple shills have been so silent these past few days.

>> No.17478681
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17478681

>> No.17478770

>>17478681
lmao drop them bags for link

>> No.17478792

>>17478681
I still love this WEBM

>> No.17478854

>>17478681
LMAO WHO MAKES THESE?

>> No.17478878
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17478878

>>17477973
>link holders

>> No.17478892

This board is obsessed with xrp.

You guys acting like you've never seen that xrp gif are the real pajeets.

>> No.17478936

>>17477973
This FUD is bad and you should feel bad. Confirmed not going to make it.

>> No.17479031
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17479031

>Judge DENIES Ripples motion to dismiss securities lawsuit
And? that just means there will be a trial where XRP will finally be deemed a commodity. Anyone who thinks XRP is going to lose a retard. Ripple is the only crypto company actually lobbying in DC. Plus the persecutor is some loser in california who claims to have lost $150,000 in XRP. He does not have the money to afford an actual competent legal team that could take on Ripple in anyway. This lawsuit is the equivalent of someone suing microsoft for violent video games

>moneygram lowered revenue
XRP reduces costs, it does not produce revenue. Revenue does not equal profits. And if moneygram never used XRP, you can bet that profits would be lower

>THE 9.8 MILLION IS OBVIOUSLY FROM THE 11 MILLION RIPPLE PAYED
if you took any accounting course, you would realize how fucking retarded this would be. Reporting money invested in your company as a contra expense would be completely illegal. The cash flows would count something like investing as a finance, while cutting expense is operational. If Moneygram counted a financial inflow of cash as an operational inflow, Moneygram would not be a company; their accountants would be in jail

Proving once again XRP fuds have room temperature IQ once again

>> No.17479034

>>17478936
What a well thought out, structured argument.

>3 XRP goyim sheckels have been deposited into your account
>you cannot withdraw unless your balance is >20

>> No.17479061
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17479061

>>17477973
The fact any premined shitcoin is in the top ten is baffling to me. Same goes for Chainlink. All these idiots are going to get rekt so fucking hard.

Really the only coin that even deserves to exist is BSV.

>> No.17479079
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17479079

>>17479031
Yeah its clear XRP is not cutting costs considering they are LOSING more money than last quarter

Also HAHAHAHAHAA you act like you know accounting, a contra expense is EXPLICITILY used in the way you described you fucking retard. Its literally the fucking basics of contra expenses. XRP shills once again proving their intellectual inferiority, that is why they have to shill XRP anyway, they can’t make money with their intellect.

>> No.17479091

>>17478207
>oy vey, goyim! This happened yesterday! Don't worry about it

>> No.17479092

>>17479031
Last year the losses were more right? On top of them using XRP for only 10 percent of dealings. Ramping up to 20 percent this year.

>> No.17479115

>>17478256
Don't worry, DeFi will scam the rest of the illiterates who aren't quite as dumb as XRP or Bitconnect people, but dumb enough not to realize that DeFi is exactly the same thing with extra steps.

>> No.17479126
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17479126

>>17478770
>link
I don't know why linktards believe they're any different.

>> No.17479143

>>17478114
im betting xrp beats the case and moons. my hands are solid.

>> No.17479151

>>17479031
>XRP will finally be deemed a commodity
>prints billions of shitcoins
>look guys, its a commodity!

>> No.17479152

>>17478048
They have been BTFO for years now

>> No.17479154
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17479154

>>17478092
lmao

>> No.17479172
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17479172

>>17477973
>Doesn't know how Contra expenses work and denies that 8.9 million MG saved using XRP. (If you think Ripple buying 10% of MGI has anything to do with contra expenses, and how they're filed, you don't know what you're talking about)
>Ignores the part where the Judge dismissed 3 of the 5 grievances in the suit
The suit will go forward, Zakinov has 28 days to properly amend his case, or else it will be dismissed with prejudice. It's still up in the air and if it's declared a security, yes XRP will get BTFO. But to imply that it's a done deal, after posting other misleading stuff, makes me question your motive.

>> No.17479178

>>17479079
LMFAO ripple shills are truly fuckkng retarded. This one should be FIRED, that literally is a contra expense
>moneygram writes off losses
>third party (ripple) (your bags) pays them all off to make earnings slightly less of a fucking disaster than it was

Its so god damn transparent how stupid these fucking shills are. Ripple is going to 8 cents.

>> No.17479197

>>17479079
>>17479172
Yeah, I explained a contra expense right here faggot. I never said the original 50M was included.

I’m questioning your motives