Ripple and MoneyGram Don't Comment as Acquisition Rumors are Flying

[gakos1111]

https://cryptonews.com/news/ripple-and-moneygram-don-t-comment-as-acquisition-rumors-fly-4003.htm

[Braulio]

I don’t think ripple will buy a company in the remittance space bc it would deter other similar companies to MoneyGram, from doing business with ripple labs

[aye-epp]

how much liquidity does moneygram's network have?

at this point, it certainly makes sense to simply pay for expedited liquidity growth.

[ADingoAteMyXRP]

"Acquisition rumors"? You mean one known scammer on Twitter? CryptHawk has been trying to get people to send money to his arbitrage bot and created this rumor to drive traffic to it. Stop posting about it.

 

Edited June 6, 2019 by ADingoAteMyXRP

[princesultan]

Oh look, another crummy article that clogs this forum up

[Braulio]

19 minutes ago, princesultan said:

Oh look, another crummy article that clogs this forum up

So, start a prince sultan credible thread...

[cryptoxrp]

With the ‘leaked’ detailed information it could actually be true... and if it is than Ripple can set the standard and dictate international remittance pricing as they can provide near unlimited liquidity. 

A ‘golden move’ .... if true.

I find it more than a coincidence that they have reduced programmatic sales of XRP. Pushing up price for better liquidity....

[GiddyUp]

37 minutes ago, princesultan said:

Oh look, another crummy article that clogs this forum up

[VanHasen]

and here we go -- just produce some ****** rumors and generate hype around it to let more and more crypto outlets pick up this BS and force ripple and/or (insert company here) to comment on it -- and when they do they of course will deny any of such relationships, even if the rumors where true - they have to deny it!!

IMO if one really would have insider knowledge on such matters, making it public for attention and a few more clicks would be the dumbest thing to do - except you want to damage ripple and XRP!

[cryptoxrp]

3 hours ago, VanHasen said:

and here we go -- just produce some ****** rumors and generate hype around it to let more and more crypto outlets pick up this BS and force ripple and/or (insert company here) to comment on it -- and when they do they of course will deny any of such relationships, even if the rumors where true - they have to deny it!!

IMO if one really would have insider knowledge on such matters, making it public for attention and a few more clicks would be the dumbest thing to do - except you want to damage ripple and XRP!

Transparency will help the crypto community and its benefactors. Wheeling and dealing and hiding behind closed doors will not IMHO.

I see the XRP price rising.... where is the damage?

[XRP-JAG]

Brad himself has already on stage explained that Ripple cannot get into the habit of denying the untrue because that sets a precedent later if they do not comment on a particular one it’s then perceived to mean it’s true.

[XRP-JAG]

Besides, David himself just earlier this year explained that one of the big plus points for Ripple / XRP is the neutrality aspect.

No big bank is going to willingly trade using their competitors digital asset. Ripple buying MoneyGram just turns XRP into MGCoin, which becomes as attractive as JPMCoin to anybody who is not JPM!

[aye-epp]

On 6/6/2019 at 10:51 AM, aye-epp said:

how much liquidity does moneygram's network have?

at this point, it certainly makes sense to simply pay for expedited liquidity growth.

Ripple Announces Strategic Partnership with Money Transfer Giant, MoneyGram

Ripple would become MoneyGram’s key partner for cross-border payment and foreign exchange settlement using digital assets.

**** just got real..

[Finesse]

On 6/6/2019 at 1:26 PM, Braulio said:

I don’t think ripple will buy a company in the remittance space bc it would deter other similar companies to MoneyGram, from doing business with ripple labs

This aged well. 11 days.

[cryptoxrp]

On 6/6/2019 at 8:36 PM, cryptoxrp said:

With the ‘leaked’ detailed information it could actually be true... and if it is than Ripple can set the standard and dictate international remittance pricing as they can provide near unlimited liquidity. 

A ‘golden move’ .... if true.

I find it more than a coincidence that they have reduced programmatic sales of XRP. Pushing up price for better liquidity....

@Cesar1810 @EcneitapLatnem Allways nice to be right before the ‘confirmed news’ is out....

I sense next july is also going to bring some big names and ‘heavy adoption’ for Ripple and XRP.