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Topic: [XRP] Ripple Speculation - page 21. (Read 637667 times)

full member
Activity: 640
Merit: 103
May 24, 2020, 06:27:03 AM
Xrp has no future, I advise you to sell
full member
Activity: 1190
Merit: 117
May 24, 2020, 05:31:11 AM
Unlike other top altcoins, the ripple in 2020 experienced a lot of bad news. Including the news of Jed McCaleb selling 54M XRP, this is the worst
news about XRP. Of course making most XRP holders very disappointed including myself. Therefore I am decided to sell my XRP, because based
on my analysis, XRP would immediately experience a price decline a few months ahead.
sr. member
Activity: 1344
Merit: 250
May 22, 2020, 11:18:37 PM
LOL guys?

Ripple Co-founder Jed McCaleb Sold 54 Million XRP in April

https://cointelegraph.com/news/ripple-co-founder-jed-mccaleb-sold-54-million-xrp-in-april
I saw Ripple still able to go up to $ 3- $ 5 even though a lot of the news is not good CEO ripple been selling coin ripple around 54 million in month  April this makes the holder a bit disappointed but the investors still believe to trade ripple in exchange for up to current ripple remains cryptocurrency with the highest volume of the number 3 in coinmarketcap.
legendary
Activity: 1834
Merit: 1520
legendary
Activity: 3122
Merit: 1492
May 12, 2020, 08:46:22 PM
@leea-1334. Moneygram is dumps XRP immediately upon receipt. Read the news source.

@Branko. What would be my agenda? To annoy Ripple bagholders? I am only posting a comment based on the news that I have read and present an argument on why XRP might be more bearish than other altcoin. Also, in a released statement from Moneygram, the company said it is indeed dumping XRP. I pass your question to them. What is their agenda?

I reckon that you might be an investor in this. It should be you who should present an objective argument instead of hyping it.
sr. member
Activity: 2674
Merit: 328
May 12, 2020, 01:53:44 AM
@Raja_MBZ. I also posted an article about Moneygram dumping all the XRP that are paid to them by the Ripple decelopment team because according to Moneygram, they might be chargeable under law on holding XRP.

It appears that Ripple is continuing to pay them XRP to use their platform and Moneygram is also continuing to dump them hehe.



Ripple has paid money services firm MoneyGram more incentives in the first quarter of 2020, amounting to a total of $16.6 million.

The publicly-traded remittance company revealed the figure in its Q1 financial results, published on Friday, saying that its total operating expenses include "Ripple market development fees of $16.6 million, partially offset by related transaction and trading expenses of $4.5 million."

Ripple pays MoneyGram incentives for using its RippleNet solution, and MoneyGram categorizes these payouts as a "contra expense rather than revenue" and as a "market development fee based on the volume of foreign exchange that we transact on Ripple's platform."


Read in full https://www.theblockcrypto.com/post/63855/ripple-paid-16-6-million-in-xrp-incentives-to-moneygram-in-q1-2020



While MoneyGram receives incentives in XRP, it does not hold the digital asset for long. "We sell XRP as soon as we receive it – we don't hold any XRP," a MoneyGram spokesperson told The Block earlier this year.

Source https://www.theblockcrypto.com/daily/58860/we-sell-xrp-as-soon-as-we-receive-it-says-moneygram-on-ripple-incentive-payments

But., but...you forgot important parts:

"Reported 57% Digital transaction growth for the quarter, marking a continued acceleration from the fourth quarter 2019. Performance was driven by market expansion, high customer retention rates, and strong demand for the MoneyGram app
As the crisis unfolded, MoneyGram quickly shifted its marketing and operational focus to its online and digital capabilities to ensure customers were able to continue to seamlessly send and receive money from the safety of their own homes, in more than 70 countries
At quarter end, Digital transactions accounted for 18% of all money transfer transactions, and this percentage has grown significantly to 28% in the first 27 days of April
MoneyGram Online, comprising 73% of the Digital business, remained a key driver, with transaction growth of 60% for the quarter, and 66% in the post-COVID period, powered by:
Triple-digit growth in both the U.S. Outbound and International markets
App downloads increasing 46%
App transaction growth exceeding 200%
Improvements in customer retention rates of 23%, and monthly active customers of 40%
Transactions sent direct-to-account or wallet increased 80%, and in April these growth rates have improved further to more than triple digits"


from your own link at

http://ir.moneygram.com/news-releases/news-release-details/moneygram-international-reports-first-quarter-2020-results

Its as if you're having an agenda?
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
May 12, 2020, 01:44:38 AM
@Raja_MBZ. I also posted an article about Moneygram dumping all the XRP that are paid to them by the Ripple decelopment team because according to Moneygram, they might be chargeable under law on holding XRP.

I hope this happens. All of these corporate deals are not respected. I been reading about so many projects that did big raises and supposedly having contracts about holding and not dumping but so many C level people dumped and the community was unable to take action. Worse is all the equity deals,,, paid in tokens.
legendary
Activity: 3122
Merit: 1492
May 11, 2020, 09:35:55 PM
@Raja_MBZ. I also posted an article about Moneygram dumping all the XRP that are paid to them by the Ripple decelopment team because according to Moneygram, they might be chargeable under law on holding XRP.

It appears that Ripple is continuing to pay them XRP to use their platform and Moneygram is also continuing to dump them hehe.



Ripple has paid money services firm MoneyGram more incentives in the first quarter of 2020, amounting to a total of $16.6 million.

The publicly-traded remittance company revealed the figure in its Q1 financial results, published on Friday, saying that its total operating expenses include "Ripple market development fees of $16.6 million, partially offset by related transaction and trading expenses of $4.5 million."

Ripple pays MoneyGram incentives for using its RippleNet solution, and MoneyGram categorizes these payouts as a "contra expense rather than revenue" and as a "market development fee based on the volume of foreign exchange that we transact on Ripple's platform."


Read in full https://www.theblockcrypto.com/post/63855/ripple-paid-16-6-million-in-xrp-incentives-to-moneygram-in-q1-2020



While MoneyGram receives incentives in XRP, it does not hold the digital asset for long. "We sell XRP as soon as we receive it – we don't hold any XRP," a MoneyGram spokesperson told The Block earlier this year.

Source https://www.theblockcrypto.com/daily/58860/we-sell-xrp-as-soon-as-we-receive-it-says-moneygram-on-ripple-incentive-payments
legendary
Activity: 1834
Merit: 1520
May 04, 2020, 11:48:39 AM
LOL guys?

Ripple Co-founder Jed McCaleb Sold 54 Million XRP in April

https://cointelegraph.com/news/ripple-co-founder-jed-mccaleb-sold-54-million-xrp-in-april
sr. member
Activity: 1037
Merit: 253
April 30, 2020, 09:32:20 PM
But muh lambo
full member
Activity: 287
Merit: 100
April 22, 2020, 12:20:15 AM
i dont believe in ripple. its a ripoff Cool
https://opencoin.org/Members/jhb/opencoin-and-ripple
newbie
Activity: 1
Merit: 0
April 05, 2020, 10:15:32 AM

Will the SEC bring Ripple (XRP) to its knees?

Brad Garlinghouse is pursuing sales of Ripple (XRP), which he says is at the heart of the company's economy as investors believe XRP is a security token and must comply with the U.S. Securities and Exchange Commission's (SEC) standards for this asset class. The case has been before the SEC for several months, but so far the SEC has not expressed its opinion on the matter. In the meantime, XRP continues to function as a utility token and the SEC's silence on the matter is beginning to bother investors.

They are demanding that SEC guidance be applied to the sale of XRPs.
The legal action brought by certain Ripple investors against the company is based on a number of factors, including the nature of the XRP tokens and the legal standards allegedly governing their sale.

The renegade investors relied on the SEC's legal framework defining cryptographic tokens to prove that XRP is a security token - a tokenized financial asset - rather than a mere utility token.

They take exception to the fact that "XRP has been circulating in the crypto markets since 2013", and that although the SEC published a guide to recognizing security token offerings (STOs) last year, it has not yet issued its verdict to date.

What is interesting is that if this token is considered a security token, Ripple's responsibilities to XRP holders would be much more stringent than they are currently and the company would have less leeway in the cryptographic markets.

In view of this, one might be tempted to wonder whether the SEC would be protecting Ripple.

Ripple Labs continues to sell XRPs freely in the deafening silence of the SEC
In principle, the SEC must have required Ripple to comply with the legal framework applicable to the sale of security tokens for a long time.

It is worth recalling that Ripple's CEO, Brad Garlinghouse, had recently stated that Ripple derives most of its revenue from its sales of XRP in the market. In other words, if the SEC were to impose restrictions on Ripple in this area, the company would face real difficulties.

Brad had also proposed an IPO for Ripple fully supervised by the SEC. In his view, the company could exploit this platform to obtain financing in the capital markets and could finally stop relying on XRP sales to finance itself.

In the meantime, therefore, XRP and Ripple will continue to operate as they have always done. The SEC has, of course, never spoken publicly on this matter.

This laxist attitude is akin to de facto authorization. There's every indication that we're in a game. And no one knows if the SEC will actually force Ripple's hand.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
April 04, 2020, 12:47:41 PM
Crypto Custody Firm Lists XRP for Institutional Clients
https://medium.com/anchorage/anchorage-supports-xrp-78f088c8b5e7

Qualified digital asset custodian, Anchorage Trust Company, has added XRP to the list of assets supported by its institutional custody solution.

https://cointelegraph.com/news/crypto-custody-firm-lists-xrp-for-institutional-clients



legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
April 04, 2020, 07:44:50 AM
Another innovative approach but it is not reflecting in the current XRP price. Right now the markets have hit low because of the coronavirus issues but I think the current price of $0.18 is way too low.

Ripple Engineers Publish Design for Private Transactions on XRP Ledger

A new proposal specification from Ripple's software developers would allow users to send private transactions to one another using the XRP ledger.

https://www.coindesk.com/ripple-engineers-publish-design-for-private-transactions-on-xrp-ledger
sr. member
Activity: 1078
Merit: 354
April 04, 2020, 03:28:49 AM
I do think that XRP price will recover eventually. It's just so much of crypto is still speculation-driven, and it leads to runaway price movements, down as well as up. XRP still has one of the strongest use cases out there, and is way ahead of so many other cryptos in terms of integration with the 'real' world. A lot at the moment hinges on the legal rulings and potential for more court cases. I'm confident XRP will survive all this, and prices will then rise.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
April 03, 2020, 01:10:40 AM
Ripple Engineers Publish Design for Private Transactions on XRP Ledger

A new proposal specification from Ripple's software developers would allow users to send private transactions to one another using the XRP ledger.

https://www.coindesk.com/ripple-engineers-publish-design-for-private-transactions-on-xrp-ledger
sr. member
Activity: 1037
Merit: 253
April 02, 2020, 07:03:48 PM
New day new low   Grin
actually very low lol  Grin.but i am not losing Hope that at least next month i will see the growth in my XRP holding because it seems that we are falling more than 50%
Ripple Partner MoneyGram Turns to Amazon and Google to Power Faster Payments

“MoneyGram is integrating with the leader in cloud-based applications, AWS, to bring scale to the company’s transaction processing engine. Additionally, MoneyGram is using Google Cloud as its data and analytics engine to better understand customer behavior and deliver a more personalized experience.”

https://dailyhodl.com/2020/03/06/ripple-partner-moneygram-turns-to-amazon-and-google-to-power-faster-payments/
i wish we can feel the effect of this partnership after this Downtrend,i hate looking in the chart now because of this lowering but i consider Buying again and will take this opportunity .

Lol XRP down 98% but yeah keep hope. Retail retards on demand sude vs MoneyGram & Ripple on supply
sr. member
Activity: 1037
Merit: 253
April 02, 2020, 07:01:15 PM
Ripple (XRP) Signaling Fresh Surge Similar to Bitcoin and Ethereum

Ripple is rising steadily from the $0.1680 support area against the US Dollar. XRP price is likely to rally 3%-4%, similar to the recent move in bitcoin and Ethereum.

https://www.newsbtc.com/2020/04/02/ripple-xrp-signaling-fresh-surge-similar-to-bitcoin-and-ethereum/

Blah blah blah, next XRP rises from 0.065 to 0.68 bringing new highs in violatility.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
April 02, 2020, 01:47:19 AM
Ripple (XRP) Signaling Fresh Surge Similar to Bitcoin and Ethereum

Ripple is rising steadily from the $0.1680 support area against the US Dollar. XRP price is likely to rally 3%-4%, similar to the recent move in bitcoin and Ethereum.

https://www.newsbtc.com/2020/04/02/ripple-xrp-signaling-fresh-surge-similar-to-bitcoin-and-ethereum/
newbie
Activity: 15
Merit: 0
March 29, 2020, 03:13:07 AM
What are the predictions for the outcome of the hearing?
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