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Bettergoham

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  1. Thanks
    Bettergoham got a reaction from GiddyUp in XRP News Update: MoneyGram on Front Page   
    Believe me, I absolutely believe this will pan out, but these are the basic rules of finance that have existed forever.  No Risk, No Reward.  It is that simple.  Government regulation could suddenly squash everything or something better could come along. Yes I invested with cold hard cash, that does not mean my "vision" or "belief" should ever be blind to all possibilities.
    The truth is this, if there was no chance to fail the market would have already valued XRP much higher than it is today.  You, I, and everyone else in this forum would have mortgaged everything we own and exchanged for XRP.  That is simply not the case.
  2. Like
    Bettergoham got a reaction from GiddyUp in XRP News Update: MoneyGram on Front Page   
    This is something I and everyone else here must take into extreme consideration.  My other comment on this post meshes perfectly with your comment.  Within 1-2 years we should see Moneygrams transactions costs, SG&A costs, and "Settlement Assets" reduced by a huge figures.  Moneygram should essentially rise from the dead if XRP and Ripple hold up to what they have said the technology delivers.  This star will shine so bright no one should be able to deny it.
    This is the ultimate showcase and validation opportunity, if it doesn't pan out everyone will have to reconsider their investment.
  3. Like
    Bettergoham got a reaction from XRPfan_Eelco in XRP News Update: MoneyGram on Front Page   
    Moneygram is a PUBLIC entity.  This is literally the power move of the decade.  Every investor on wall street will know who Ripple/XRP is if they can turn Moneygram around.
    The ultimate test of the XRP Ledger started yesterday.  We will now be able to see the effects XRP can have on a company every single quarter when financials come out.
    As of Q1 Moneygram has 3.416 Billion dollars locked up as settlement assets.  Assuming full adoption over the next year that number should greatly decrease.
    Look at their expenses on their Q1 P&L, sg&a and transaction cost should decrease within a year.  
    We will have absolute proof if this system works or not and Ripple knows that.  They truly believe in the IoV and have set out to prove what XRP can do for a single company.  If it works can you even begin to imagine what everyone else in this sector will want to do?
    Edit:
    Moneygram has an operating income of 2.7% and Western Union 18.78%.  XRP can fix transaction fees for Moneygram, decrease cost for customers, in turn raising revenues.
    Western Union does about 4x more in revenues on a quarterly basis but they both have nearly identical amounts of "settlment assets" on their balance sheets.  Could you imagine if Moneygram can suddenly remove 500M, 1B, 1.5B of this off their settlement assets line and move it to cash?  Now they can increase marketing or improve any other aspect of their business.
  4. Like
    Bettergoham got a reaction from wrongbenson in XRP News Update: MoneyGram on Front Page   
    Believe me, I absolutely believe this will pan out, but these are the basic rules of finance that have existed forever.  No Risk, No Reward.  It is that simple.  Government regulation could suddenly squash everything or something better could come along. Yes I invested with cold hard cash, that does not mean my "vision" or "belief" should ever be blind to all possibilities.
    The truth is this, if there was no chance to fail the market would have already valued XRP much higher than it is today.  You, I, and everyone else in this forum would have mortgaged everything we own and exchanged for XRP.  That is simply not the case.
  5. Like
    Bettergoham got a reaction from Tinyaccount in XRP News Update: MoneyGram on Front Page   
    Believe me, I absolutely believe this will pan out, but these are the basic rules of finance that have existed forever.  No Risk, No Reward.  It is that simple.  Government regulation could suddenly squash everything or something better could come along. Yes I invested with cold hard cash, that does not mean my "vision" or "belief" should ever be blind to all possibilities.
    The truth is this, if there was no chance to fail the market would have already valued XRP much higher than it is today.  You, I, and everyone else in this forum would have mortgaged everything we own and exchanged for XRP.  That is simply not the case.
  6. Like
    Bettergoham got a reaction from Tinyaccount in XRP News Update: MoneyGram on Front Page   
    This is something I and everyone else here must take into extreme consideration.  My other comment on this post meshes perfectly with your comment.  Within 1-2 years we should see Moneygrams transactions costs, SG&A costs, and "Settlement Assets" reduced by a huge figures.  Moneygram should essentially rise from the dead if XRP and Ripple hold up to what they have said the technology delivers.  This star will shine so bright no one should be able to deny it.
    This is the ultimate showcase and validation opportunity, if it doesn't pan out everyone will have to reconsider their investment.
  7. Like
    Bettergoham got a reaction from ringer2 in XRP News Update: MoneyGram on Front Page   
    Believe me, I absolutely believe this will pan out, but these are the basic rules of finance that have existed forever.  No Risk, No Reward.  It is that simple.  Government regulation could suddenly squash everything or something better could come along. Yes I invested with cold hard cash, that does not mean my "vision" or "belief" should ever be blind to all possibilities.
    The truth is this, if there was no chance to fail the market would have already valued XRP much higher than it is today.  You, I, and everyone else in this forum would have mortgaged everything we own and exchanged for XRP.  That is simply not the case.
  8. Like
    Bettergoham reacted to KarmaCoverage in XRP News Update: MoneyGram on Front Page   
    The Ripple team has produced significantly brilliant ideas and exhibits the professionalism required to accomplish very difficult goals.
    I would be hesitant to bet aginst them. Fbook is late to the game, but they have significant resources and a large network graph to leverage as a competitive edge. 
    At the end of the day, I think fbook will have mild success, and will join the ILP IoV and possibly RippleNet as a hub node payment network.
  9. Like
    Bettergoham reacted to AlejoMoreno in XRP News Update: MoneyGram on Front Page   
    There is ALWAYS a chance that something won't workout.
    Ripple and XRP isn't a bullet proof omnipotent project that can foresee all things good and bad. If you have been following Ripple for a while then you can read about some mistakes that they have said that they made.
    Having said that, I do think it will succeed. However, there is definitely a chance it won't.
    Like Bettergoham said, Ripple and MoneyGram better be able to show printed results about how they are better off as a result of this partnership.
  10. Like
    Bettergoham got a reaction from GiddyUp in XRP News Update: MoneyGram on Front Page   
    Moneygram is a PUBLIC entity.  This is literally the power move of the decade.  Every investor on wall street will know who Ripple/XRP is if they can turn Moneygram around.
    The ultimate test of the XRP Ledger started yesterday.  We will now be able to see the effects XRP can have on a company every single quarter when financials come out.
    As of Q1 Moneygram has 3.416 Billion dollars locked up as settlement assets.  Assuming full adoption over the next year that number should greatly decrease.
    Look at their expenses on their Q1 P&L, sg&a and transaction cost should decrease within a year.  
    We will have absolute proof if this system works or not and Ripple knows that.  They truly believe in the IoV and have set out to prove what XRP can do for a single company.  If it works can you even begin to imagine what everyone else in this sector will want to do?
    Edit:
    Moneygram has an operating income of 2.7% and Western Union 18.78%.  XRP can fix transaction fees for Moneygram, decrease cost for customers, in turn raising revenues.
    Western Union does about 4x more in revenues on a quarterly basis but they both have nearly identical amounts of "settlment assets" on their balance sheets.  Could you imagine if Moneygram can suddenly remove 500M, 1B, 1.5B of this off their settlement assets line and move it to cash?  Now they can increase marketing or improve any other aspect of their business.
  11. Thanks
    Bettergoham got a reaction from AlejoMoreno in XRP News Update: MoneyGram on Front Page   
    This is something I and everyone else here must take into extreme consideration.  My other comment on this post meshes perfectly with your comment.  Within 1-2 years we should see Moneygrams transactions costs, SG&A costs, and "Settlement Assets" reduced by a huge figures.  Moneygram should essentially rise from the dead if XRP and Ripple hold up to what they have said the technology delivers.  This star will shine so bright no one should be able to deny it.
    This is the ultimate showcase and validation opportunity, if it doesn't pan out everyone will have to reconsider their investment.
  12. Thanks
    Bettergoham got a reaction from Finesse in XRP News Update: MoneyGram on Front Page   
    Moneygram is a PUBLIC entity.  This is literally the power move of the decade.  Every investor on wall street will know who Ripple/XRP is if they can turn Moneygram around.
    The ultimate test of the XRP Ledger started yesterday.  We will now be able to see the effects XRP can have on a company every single quarter when financials come out.
    As of Q1 Moneygram has 3.416 Billion dollars locked up as settlement assets.  Assuming full adoption over the next year that number should greatly decrease.
    Look at their expenses on their Q1 P&L, sg&a and transaction cost should decrease within a year.  
    We will have absolute proof if this system works or not and Ripple knows that.  They truly believe in the IoV and have set out to prove what XRP can do for a single company.  If it works can you even begin to imagine what everyone else in this sector will want to do?
    Edit:
    Moneygram has an operating income of 2.7% and Western Union 18.78%.  XRP can fix transaction fees for Moneygram, decrease cost for customers, in turn raising revenues.
    Western Union does about 4x more in revenues on a quarterly basis but they both have nearly identical amounts of "settlment assets" on their balance sheets.  Could you imagine if Moneygram can suddenly remove 500M, 1B, 1.5B of this off their settlement assets line and move it to cash?  Now they can increase marketing or improve any other aspect of their business.
  13. Thanks
    Bettergoham got a reaction from Cesar1810 in XRP News Update: MoneyGram on Front Page   
    Moneygram is a PUBLIC entity.  This is literally the power move of the decade.  Every investor on wall street will know who Ripple/XRP is if they can turn Moneygram around.
    The ultimate test of the XRP Ledger started yesterday.  We will now be able to see the effects XRP can have on a company every single quarter when financials come out.
    As of Q1 Moneygram has 3.416 Billion dollars locked up as settlement assets.  Assuming full adoption over the next year that number should greatly decrease.
    Look at their expenses on their Q1 P&L, sg&a and transaction cost should decrease within a year.  
    We will have absolute proof if this system works or not and Ripple knows that.  They truly believe in the IoV and have set out to prove what XRP can do for a single company.  If it works can you even begin to imagine what everyone else in this sector will want to do?
    Edit:
    Moneygram has an operating income of 2.7% and Western Union 18.78%.  XRP can fix transaction fees for Moneygram, decrease cost for customers, in turn raising revenues.
    Western Union does about 4x more in revenues on a quarterly basis but they both have nearly identical amounts of "settlment assets" on their balance sheets.  Could you imagine if Moneygram can suddenly remove 500M, 1B, 1.5B of this off their settlement assets line and move it to cash?  Now they can increase marketing or improve any other aspect of their business.
  14. Thanks
    Bettergoham reacted to AlejoMoreno in XRP News Update: MoneyGram on Front Page   
    If this partnership with MoneyGram fails then I might sell my XRP. Ripple will have a lot of explaining to do if they aren't able to deliver with the xRapid product on this deal.
     This is Ripple's time to shine. MoneyGram's success likely depends on Ripple being able to deliver on the promised cost-savings.
    If the xRapid experience and cost-savings that Ripple has been advertising is really magnificent in true then this partnership should be a home run, hands down. And based on the outline of the partnership, Ripple thinks they can do it in two years!
  15. Like
    Bettergoham got a reaction from Messier16 in XRP News Update: MoneyGram on Front Page   
    Moneygram is a PUBLIC entity.  This is literally the power move of the decade.  Every investor on wall street will know who Ripple/XRP is if they can turn Moneygram around.
    The ultimate test of the XRP Ledger started yesterday.  We will now be able to see the effects XRP can have on a company every single quarter when financials come out.
    As of Q1 Moneygram has 3.416 Billion dollars locked up as settlement assets.  Assuming full adoption over the next year that number should greatly decrease.
    Look at their expenses on their Q1 P&L, sg&a and transaction cost should decrease within a year.  
    We will have absolute proof if this system works or not and Ripple knows that.  They truly believe in the IoV and have set out to prove what XRP can do for a single company.  If it works can you even begin to imagine what everyone else in this sector will want to do?
    Edit:
    Moneygram has an operating income of 2.7% and Western Union 18.78%.  XRP can fix transaction fees for Moneygram, decrease cost for customers, in turn raising revenues.
    Western Union does about 4x more in revenues on a quarterly basis but they both have nearly identical amounts of "settlment assets" on their balance sheets.  Could you imagine if Moneygram can suddenly remove 500M, 1B, 1.5B of this off their settlement assets line and move it to cash?  Now they can increase marketing or improve any other aspect of their business.
  16. Like
    Bettergoham got a reaction from Hodor in XRP News Update: MoneyGram on Front Page   
    Moneygram is a PUBLIC entity.  This is literally the power move of the decade.  Every investor on wall street will know who Ripple/XRP is if they can turn Moneygram around.
    The ultimate test of the XRP Ledger started yesterday.  We will now be able to see the effects XRP can have on a company every single quarter when financials come out.
    As of Q1 Moneygram has 3.416 Billion dollars locked up as settlement assets.  Assuming full adoption over the next year that number should greatly decrease.
    Look at their expenses on their Q1 P&L, sg&a and transaction cost should decrease within a year.  
    We will have absolute proof if this system works or not and Ripple knows that.  They truly believe in the IoV and have set out to prove what XRP can do for a single company.  If it works can you even begin to imagine what everyone else in this sector will want to do?
    Edit:
    Moneygram has an operating income of 2.7% and Western Union 18.78%.  XRP can fix transaction fees for Moneygram, decrease cost for customers, in turn raising revenues.
    Western Union does about 4x more in revenues on a quarterly basis but they both have nearly identical amounts of "settlment assets" on their balance sheets.  Could you imagine if Moneygram can suddenly remove 500M, 1B, 1.5B of this off their settlement assets line and move it to cash?  Now they can increase marketing or improve any other aspect of their business.
  17. Like
    Bettergoham got a reaction from Julian_Williams in XRP News Update: MoneyGram on Front Page   
    Moneygram is a PUBLIC entity.  This is literally the power move of the decade.  Every investor on wall street will know who Ripple/XRP is if they can turn Moneygram around.
    The ultimate test of the XRP Ledger started yesterday.  We will now be able to see the effects XRP can have on a company every single quarter when financials come out.
    As of Q1 Moneygram has 3.416 Billion dollars locked up as settlement assets.  Assuming full adoption over the next year that number should greatly decrease.
    Look at their expenses on their Q1 P&L, sg&a and transaction cost should decrease within a year.  
    We will have absolute proof if this system works or not and Ripple knows that.  They truly believe in the IoV and have set out to prove what XRP can do for a single company.  If it works can you even begin to imagine what everyone else in this sector will want to do?
    Edit:
    Moneygram has an operating income of 2.7% and Western Union 18.78%.  XRP can fix transaction fees for Moneygram, decrease cost for customers, in turn raising revenues.
    Western Union does about 4x more in revenues on a quarterly basis but they both have nearly identical amounts of "settlment assets" on their balance sheets.  Could you imagine if Moneygram can suddenly remove 500M, 1B, 1.5B of this off their settlement assets line and move it to cash?  Now they can increase marketing or improve any other aspect of their business.
  18. Like
    Bettergoham got a reaction from dr_ed in XRP News Update: MoneyGram on Front Page   
    Moneygram is a PUBLIC entity.  This is literally the power move of the decade.  Every investor on wall street will know who Ripple/XRP is if they can turn Moneygram around.
    The ultimate test of the XRP Ledger started yesterday.  We will now be able to see the effects XRP can have on a company every single quarter when financials come out.
    As of Q1 Moneygram has 3.416 Billion dollars locked up as settlement assets.  Assuming full adoption over the next year that number should greatly decrease.
    Look at their expenses on their Q1 P&L, sg&a and transaction cost should decrease within a year.  
    We will have absolute proof if this system works or not and Ripple knows that.  They truly believe in the IoV and have set out to prove what XRP can do for a single company.  If it works can you even begin to imagine what everyone else in this sector will want to do?
    Edit:
    Moneygram has an operating income of 2.7% and Western Union 18.78%.  XRP can fix transaction fees for Moneygram, decrease cost for customers, in turn raising revenues.
    Western Union does about 4x more in revenues on a quarterly basis but they both have nearly identical amounts of "settlment assets" on their balance sheets.  Could you imagine if Moneygram can suddenly remove 500M, 1B, 1.5B of this off their settlement assets line and move it to cash?  Now they can increase marketing or improve any other aspect of their business.
  19. Like
    Bettergoham reacted to Finesse in Quite in here today   
    We all know this is speculation i assume. Im waiting for bank fomo, consumer fomo does not interest me, a 20% rise will be nothing in hindsight.
  20. Like
    Bettergoham got a reaction from Julian_Williams in Interesting Capstone Study XRP Pricing as Correlated to Article Sentiment Analysis   
    Is anyone actually surprised by this?  I am incredibly confused by why anyone who is actually looking at crypto as an investment would be so excited about yesterday/todays runup in price.
    What has changed in the last two weeks that warrants this rise in price?  Absolutely nothing is the answer, this is purely FOMO.  The day the little yellow line on Galgitron's graph increases is the day I will actually get excited.  There is currently one use case for Cryptocurrency, payments for cross-border remittances.  This market will comeback down when people are paying $80 in miner's fees to move $500 in bitcoin and those transfers are taking 24+ hours. 
    This pump is a sham, if you believe in the vision of IoV and XRP's roll then nothing matters between now and utility.
  21. Like
    Bettergoham got a reaction from cryptoxrp in Interesting Capstone Study XRP Pricing as Correlated to Article Sentiment Analysis   
    Is anyone actually surprised by this?  I am incredibly confused by why anyone who is actually looking at crypto as an investment would be so excited about yesterday/todays runup in price.
    What has changed in the last two weeks that warrants this rise in price?  Absolutely nothing is the answer, this is purely FOMO.  The day the little yellow line on Galgitron's graph increases is the day I will actually get excited.  There is currently one use case for Cryptocurrency, payments for cross-border remittances.  This market will comeback down when people are paying $80 in miner's fees to move $500 in bitcoin and those transfers are taking 24+ hours. 
    This pump is a sham, if you believe in the vision of IoV and XRP's roll then nothing matters between now and utility.
  22. Like
    Bettergoham got a reaction from Caracappa in Interesting Capstone Study XRP Pricing as Correlated to Article Sentiment Analysis   
    Is anyone actually surprised by this?  I am incredibly confused by why anyone who is actually looking at crypto as an investment would be so excited about yesterday/todays runup in price.
    What has changed in the last two weeks that warrants this rise in price?  Absolutely nothing is the answer, this is purely FOMO.  The day the little yellow line on Galgitron's graph increases is the day I will actually get excited.  There is currently one use case for Cryptocurrency, payments for cross-border remittances.  This market will comeback down when people are paying $80 in miner's fees to move $500 in bitcoin and those transfers are taking 24+ hours. 
    This pump is a sham, if you believe in the vision of IoV and XRP's roll then nothing matters between now and utility.
  23. Thanks
    Bettergoham got a reaction from Finesse in Interesting Capstone Study XRP Pricing as Correlated to Article Sentiment Analysis   
    Is anyone actually surprised by this?  I am incredibly confused by why anyone who is actually looking at crypto as an investment would be so excited about yesterday/todays runup in price.
    What has changed in the last two weeks that warrants this rise in price?  Absolutely nothing is the answer, this is purely FOMO.  The day the little yellow line on Galgitron's graph increases is the day I will actually get excited.  There is currently one use case for Cryptocurrency, payments for cross-border remittances.  This market will comeback down when people are paying $80 in miner's fees to move $500 in bitcoin and those transfers are taking 24+ hours. 
    This pump is a sham, if you believe in the vision of IoV and XRP's roll then nothing matters between now and utility.
  24. Like
    Bettergoham got a reaction from aavkk in Interesting Capstone Study XRP Pricing as Correlated to Article Sentiment Analysis   
    Is anyone actually surprised by this?  I am incredibly confused by why anyone who is actually looking at crypto as an investment would be so excited about yesterday/todays runup in price.
    What has changed in the last two weeks that warrants this rise in price?  Absolutely nothing is the answer, this is purely FOMO.  The day the little yellow line on Galgitron's graph increases is the day I will actually get excited.  There is currently one use case for Cryptocurrency, payments for cross-border remittances.  This market will comeback down when people are paying $80 in miner's fees to move $500 in bitcoin and those transfers are taking 24+ hours. 
    This pump is a sham, if you believe in the vision of IoV and XRP's roll then nothing matters between now and utility.
  25. Like
    Bettergoham got a reaction from Archive in Interesting Capstone Study XRP Pricing as Correlated to Article Sentiment Analysis   
    Is anyone actually surprised by this?  I am incredibly confused by why anyone who is actually looking at crypto as an investment would be so excited about yesterday/todays runup in price.
    What has changed in the last two weeks that warrants this rise in price?  Absolutely nothing is the answer, this is purely FOMO.  The day the little yellow line on Galgitron's graph increases is the day I will actually get excited.  There is currently one use case for Cryptocurrency, payments for cross-border remittances.  This market will comeback down when people are paying $80 in miner's fees to move $500 in bitcoin and those transfers are taking 24+ hours. 
    This pump is a sham, if you believe in the vision of IoV and XRP's roll then nothing matters between now and utility.
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