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About meegwell

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  1. Someone help me with an example...off the cuff I see this as: I can buy NYSE: XYZ stock at 12:00pm US ET, sell it and hour later, then buy NASDAQ: ABC stock with the same proceeds from the XYZ sale since this all settles near instantly. In todays world that transaction, using no credit or additional funds, takes 2 days to clear. In the background the actual value is transacting in digital assets? If so this seems like a similar/somewhat similar setup to the nostros/vostros cross boarder settlement solution where the value is "toekenized" in from currency at home, then "un-tokenized" into another currency away from home?
  2. Tinyaccounts's post, graphic, and link are about 24h volume, not market cap. $573/7% is a volume number. fyi...
  3. I had a rippex wallet years ago and obviously they are no longer. I have and still make deposits to my wallet, and I have my secret key associated with said wallet stored securely offline. As my xrp account grows, I have increasing anxiety about whether or not I can access the XRP. At a minimum, I would like to do some sort of simple test - I have at least two other wallets, exchange-based, for various reasons with much smaller balances, coinbase and something else I dont recall at the moment. Is transferring a small amount of XRP from my primary (former rippex) wallet to say the coinbase exchange wallet a safe way to test that I can access my XRP? Going forward, and assuming all is good related to the above test, am I OK just keeping things as-is: know my wallet key and periodically check the balance and make deposits; have my private key securely stored and safe offline. ?? Or should I change this setup to a hard wallet for some reason?
  4. Sorry, but as a finance practitioner I can't let this one go. There is nothing "artificial" about shareholder value increasing due to a stock buyback. This is typically a good use of excess cash for a corporation. All else constant, less shares = higher price per share, and vice versa. It's a simple math problem and is basically increasing the value of shares to current shareholders at a price. That is not artificial....the valuation of the company does not change, each shareholders value increases as it should - naturally - not "artificially" - do to less outstanding float. This is corporate finance 101.
  5. listen to re-broadcast here: http://ir.moneygram.com/events-presentations
  6. around 24 min - i think the second analyst question - they do a great job explaining the consumer vs. back-end sides of sending money cross-boarder and for the first time ever we can settle the back-end process as "near to instant as humanly possible" and getting rid of all the money "trapped in transit". Great stuff...the vision becoming reality.
  7. They gush a bit about Ripple and xRapid "Ripple has become our key partner for settling cross border payments using digital assets" "Sooo excited to announce today that moneygram is live and settling transactions on the xRapid platform" "we started executing trades this week and all signs point to this being a tremendously beneficial relationship for all parties involved" "we are literally settling trades in seconds and quote my friend Larry 'this is really cool'"
  8. Seems like that is generally positive. Sorry if Im missing it and it is here somewhere just looking for thoughts. https://techcrunch.com/2019/06/26/imgur-premium/
  9. Any thoughts on this memo from the latest escrow movement? An apparent reference to Gil Scott-Heron’s "The revolution will not be televised". On the surface I guess you could just say this is going to be big (and from a media coverage standpoint the opposite of what Scott-Heron says about the uprising).
  10. About 80% of "Exit Stage" private companies go the way of acquisition rather than IPO. Significant legal, administrative, and filing fees make the M&A choice much more preferable than IPO. (source Sharepost Investment Management publication "Understanding the J-Curve").
  11. Any Accredited Investor has the opportunity to buy Ripple shares if they are offered...no "company" needed.
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