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/biz/ - Business & Finance

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17484388

Anonymous Fri Feb 28 07:41:40 2020 No.17484388 [Reply] [Original]

>MoneyGram's Q4 Earnings Report shows that by using Ripple's ODL for only ~10% of their remittances in a single corridor they have saved $9mn in a single quarter
>The SEC classifies that money as contra expenses so it won't be taxed
>MoneyGram is going to start using XRP for more remittance corridors and RippleNet for account-to-account transfers

LOL FUCKING RIPPLETARDS THINK MAJOR BANKS AND BUSINESSES WANT TO SAVE POTENTIALLY HUNDREDS OF MILLIONS TO BILLIONS OF DOLLARS A YEAR BY USING XRP!? FUCKING DELUSIONAL!

Remember: MoneyGram's success has nothing to do with XRP's success. MoneyGram can go bankrupt, but if they go down proving that XRP can be trusted to save millions/billions on contra-expenses, then it has done what we need it to do.

>Lawsuit against Ripple partially dismissed
>Plaintiffs need to amend their complaint
>Another round of discovery will occur
>Ripple may be able to prove the lawsuit is untimely, which will have it dimissed
>Request for summary judgment
>All this some months out

Anyone telling you Ripple lost and now has to go to jury trial, or some other bullshit is an ignoramus. Essentially, the trial has been restarted from the beginning with fewer charges and more evidence to be collected.

The ABSOLUTE STATE of XRP FUD. Buy while you can.

>>	Anonymous Fri Feb 28 07:43:54 2020 No.17484405 XRP has lately been working well as a safe haven. Its been dipping less and recovering higher than the rest of the T10 lately

>>	Anonymous Fri Feb 28 07:45:02 2020 No.17484415 File: 87 KB, 1301x478, 57326958723.png [View same] [iqdb] [saucenao] [google] >>17484405 pic related

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Anonymous Fri Feb 28 07:46:18 2020 No.17484431
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>>17484388
> Major Banks
Promised at end of year 2018 and 2019. Instead Ripple scams investors and uses the money to overpay for MoneyGram stock which has tanked from ATH $282 to current price $2 while most companies have reached new ATHs in the market. MoneyGram lost money again in Q4 and looks like it's about to collapse and go to $0.

>>

Anonymous Fri Feb 28 07:52:21 2020 No.17484498
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>>17484388
I unloaded most of my XRP bags yesterday with a heavy heart

I want this project to succeed but Ripple are doing almost everything in their power to fuck it up. From dumping on early investors relentlessly to failing to get validators to pass the deletable accounts amendment to actually essentially losing control over the UNL.

Worst of all they never managed to buy Jed out of his bags so every day without fail Jed removes millions of dollars from the market. Millions of dollars XRP can't afford to give him. And he gets it for nothing he doesn't even want it he just hates XRP.

Fuck me man I think we're going to 10c.

>>

Anonymous Fri Feb 28 08:00:56 2020 No.17484615

>>17484498
This is some retarded FUD right here. This week alone there have been four confirmed new institutional adopters of XRP, with rumors of BoA being on board.

The only thing -- and I mean only thing -- that can stop a massive XRP moon now is the lawsuit turning south. After that, the sky's the limit.

>>	Anonymous Fri Feb 28 08:01:56 2020 No.17484627 >>17484615 who are the new adopters?

>>	Anonymous Fri Feb 28 08:06:26 2020 No.17484681 File: 31 KB, 477x491, 20200204_194411.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Fri Feb 28 08:09:03 2020 No.17484710 this incessant shitcoin shilling is getting really tiresome, no wonder /biz is total shit lately. It has never been that great to begin with, but over the last year or so, man, it makes Idiocracy look like utopia

>>	Anonymous Fri Feb 28 08:09:07 2020 No.17484711 File: 255 KB, 1006x942, dragoniscoming.png [View same] [iqdb] [saucenao] [google] >>17484498 If you knew anything about the occult, you would hold onto your bags for dear life. XRP is the chosen coin.

>>	Anonymous Fri Feb 28 08:10:16 2020 No.17484726 >>17484627 Azimo, Stenbe, Hanpass, and WireBarley

>>	Anonymous Fri Feb 28 08:12:01 2020 No.17484754 >>17484726 never heard of any of them are they publicly listed companies? what's the remittance flow like?

>>	Anonymous Fri Feb 28 08:13:06 2020 No.17484770 File: 60 KB, 465x501, 20200226_185837.jpg [View same] [iqdb] [saucenao] [google] >>17484627

>>	Anonymous Fri Feb 28 08:15:18 2020 No.17484798 >>17484770 you guys are really bullish on it huh? I might buy back in at 10c

>>	Anonymous Fri Feb 28 08:16:33 2020 No.17484809 >>17484798 I don't think it will ever see 0.10 again. Come back at 0.19 and double down if it goes to 0.18.

>>	Anonymous Fri Feb 28 08:18:07 2020 No.17484830 >>17484809 I do good news dumps it, bad news dumps it just a few more good dumps and we'll see those prices :/

>>

Anonymous Fri Feb 28 08:44:46 2020 No.17485223

>>17484754
Because they're very small companies. That's how this works. First the smaller companies absorb the risk of testing and proving XRP, then the large institutions get on board. FIs and banks are extremely risk-averse, so they're not going to transfer their working, legacy system that is decades old onto new as yet unproven tech.

>Create product
>Proof of concept
>Trust building (you are here)
>Widespread adoption

>>	Anonymous Fri Feb 28 08:46:02 2020 No.17485240 >>17484726 >>17485223 Are they also being paid to use XRP?

>>	Anonymous Fri Feb 28 08:51:20 2020 No.17485318 >>17485240 Lab rats are fed.

>>	Anonymous Fri Feb 28 08:55:14 2020 No.17485368 >>17485240 Who knows? Who cares? As long as XRP gets used the trust in it as a product that can save a shitload of money grows.

>>	Anonymous Fri Feb 28 09:38:26 2020 No.17486086 >>17484830 XTP has dumped less than any other t10 coin recently. see >>17484415

>>	Anonymous Fri Feb 28 09:40:33 2020 No.17486118 All facts and data aside, Preshit minedcoin jew ham

>>	Anonymous Fri Feb 28 10:12:26 2020 No.17486819 File: 98 KB, 1240x942, xrpthewayitis.jpg [View same] [iqdb] [saucenao] [google] >>17484388 Have fun getting rekt by ripple!