Jump to content

Chris_Reeves

Member
  • Content Count

    223
  • Joined

  • Last visited

  • Days Won

    1

Chris_Reeves last won the day on August 24 2018

Chris_Reeves had the most liked content!

2 Followers

About Chris_Reeves

  • Rank
    Regular

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. Press Release here https://seekingalpha.com/pr/17546813-moneygram-announces-strategic-partnership-ripple
  2. https://seekingalpha.com/news/3471902-moneygram-plus-53-percent-partnering-ripple For more information regarding this investment/partnership - MoneyGram International (NASDAQ:MGI) skyrockets after announcing a strategic agreement with Ripple (XRP-USD). - MoneyGram says the two-year partnership supports the companies' shared goal of improving the settlement of cross-border payments by increasing efficiency and reducing cost through RippleNet. - Ripple will become MoneyGram's key partner for cross-border settlement using digital assets. As part of this partnership, Ripple has made an initial investment of $30M in MoneyGram equity, made up of common stock and a warrant to purchase common stock. Ripple purchased the newly-issued common stock from MoneyGram at $4.10 per share. - MGI +52% after hours to $2.22.
  3. Take this article with a grain of salt. Found this little gem in the details... "Using bitcoin for settlements is also speeding the time to market for fintechs and start-ups competing without large amounts of capital."
  4. https://seekingalpha.com/news/3470354-visa-launches-b2b-cross-border-payment-network "Along with Visa’s core assets, Visa B2B Connect utilizes open source Hyperledger Fabric framework from the Linux Foundation, in partnership with IBM."
  5. I don't disagree. just curious
  6. Will you be using the funds from your Coil earnings to also buy more filters?
  7. First off, if this is true, then it's a huge SEC violation centered around insider trading. Be very careful with speculation of a publicly traded company. The stock trading has not been paused for pending news. Moneygram directors have not mentioned anything regarding a potential acquisition.
  8. https://seekingalpha.com/news/3469115-western-union-visa-payments-pact “Together Visa Direct and Western Union are collaborating with plans to scale real-time4 cross border payments to businesses and consumers in more than 200 countries and territories in more than 130 currencies,” said Bill Sheley, global head of push payments, Visa. “This new strategic relationship with Western Union combines the industry-leading capabilities of the world’s largest remittance provider with Visa’s global reach, risk management abilities and operating scale, to bring exceptional value propositions and user experiences to senders and receivers around the globe.” Visa is focused on improving and modernizing cross border payments. In addition to this new collaboration, last month, Visa announced the acquisition of control of Earthport, a company that provides cross-border payment services. The acquisition of Earthport is an extension of Visa’s overall cross-border strategy that’s complementary to Visa Direct and our existing partnerships.
  9. I believe that they decided not to pursue that specific venture anymore.
  10. I believe that's correct though my assumption is that they believe the digital asset market would be maturing at a much faster pace than it currently is. No other company is "catching up" to Ripple. They're developing products but Ripple is still chugging along growing the ecosystem one partner at a time. If they corner the Middle East and Eastern Asian countries, other money transfer companies will have to find a way to integrate in the technology if they want to do business with these enterprises.
  11. I'm of the opinion that the consistent release of XRP from escrow has a downward pressure on the price as the legal obligations to hold the purchased XRP have an expiration date and then institutions can begin selling in open market. Though, that's only one side of this argument. You could also make the argument that the escrowed XRP provides a sharp supply/demand impact when demand begins to outpace the current supply through speculation or cross-border remittance usage. Either way, I don't disagree with the premise of the article, it only points out one side of the argument.
  12. Laugh all you'd like my friend. It's interesting since you were berating people for treating you the same. Some would call that hypocritical. Either way, it has been said numerous times that the validators can vote to amend that specific code requirement which will most likely be done in the semi-near future. This is not a reason for XRP to fail. It's a simple code base change once it becomes a concern. The good part is that many companies on RippleNet are also hosting validators so they'll vote on the amendment when it becomes a financial concern for them. All in good time.
  13. This is not a reason for XRP not to succeed. This is just another roadblock on the way to adoption. Nothing to see here.
×
×
  • Create New...