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Moneygram MGI up 153% after Ripple XRP Partnership announcement

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LOL,even the greatest news of all time. The real use of xrp by one of the biggest remittance companies brought xrp up for 2 cents.  Not really a success

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4 minutes ago, ripple37 said:

LOL,even the greatest news of all time. The real use of xrp by one of the biggest remittance companies brought xrp up for 2 cents.  Not really a success

wall street is obviously paying very close attention to ripple. Moneygrams stock just bumped 153%...................stop fudding. 

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The actual real demand for Moneygram will come progressively.
However, it brings many other remittances and financial institutions to RippleNet. And it continues to spread as big ripples.

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Wonder how much of this market FB takes over in a few years. Ripple has deep knowledge about the payments industry and still invested in Moneygram.

Wonder if this is a play for short term liquidity ( say 3 yrs) to get the XRP ledger going.

 

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Just now, strikerjax said:

Wonder how much of this market FB takes over in a few years. Ripple has deep knowledge about the payments industry and still invested in Moneygram.

Wonder if this is a play for short term liquidity ( say 3 yrs) to get the XRP ledger going.

 

are you reffering to the role XRP could play in the ILP to benefit from the surge of FB's GC?

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1 hour ago, musclehog said:

wall street is obviously paying very close attention to ripple. Moneygrams stock just bumped 153%...................stop fudding. 

Finally company everyone heard about starts using xrp.. and xrp price pumps like 4%. Where is fud here?

And what the hack mgi stocks have to do with xrp price???

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1 hour ago, ripple37 said:

LOL,even the greatest news of all time. The real use of xrp by one of the biggest remittance companies brought xrp up for 2 cents.  Not really a success

I agree with you...however makes me think more about the people currently in the space (investors) actively sticking their heads in the sand ignoring the obvious. Which is fine.....with regulation and usage price will rise....and these pipe dream projects will fade away. 

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Posted (edited)
8 minutes ago, Kiwi said:

Finally company everyone heard about starts using xrp.. and xrp price pumps like 4%. Where is fud here?

And what the hack mgi stocks have to do with xrp price???

 

Wall Street and co so aware of ripples capability and potential that the stock bumped 153%. That’s a big deal. That means ripple is not some weird block chain company. It means they know very well what ripple and Xrp are. 

Edited by musclehog

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Just now, musclehog said:

 

Wall Street and co so aware of ripples capability and potential that the stock bumped 153%. That’s a big deal. That means ripple is not some weird block chain company. It means they know very well what ripple and Xrp are. 

Does it or only because ripple offered to buy them at $4 a share?

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1 hour ago, dreventures said:

are you reffering to the role XRP could play in the ILP to benefit from the surge of FB's GC?

   FB is going to dominate customer facing remittances. Most of the existing players who dont have well established apps
   are going to lose market share to FB, weChat etc  But this is going to take some time. Say FB takes up 40% market in 5 years.
   This guys Ripple a chance to get some of the volume from MoneyGram etc to use XRP liquidity and show on a bigger scale 
   that XRP liquidity solution can work.

 I think at this point we dont have any knowledge about FB using Ripple tech or ILP. So I am not counting on it. 

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Just now, strikerjax said:

   FB is going to dominate customer facing remittances. Most of the existing players who dont have well established apps
   are going to lose market share to FB, weChat etc  But this is going to take some time. Say FB takes up 40% market in 5 years.
   This guys Ripple a chance to get some of the volume from MoneyGram etc to use XRP liquidity and show on a bigger scale 
   that XRP liquidity solution can work.

 I think at this point we dont have any knowledge about FB using Ripple tech or ILP. So I am not counting on it. 

So we don't even have a white paper and FB is already going to dominate 40% of the market...Right!

 

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7 minutes ago, musclehog said:

 

Wall Street and co so aware of ripples capability and potential that the stock bumped 153%. That’s a big deal. That means ripple is not some weird block chain company. It means they know very well what ripple and Xrp are. 

Maybe you should check Volume of this amazing 150% pump from "wall street". 

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9 minutes ago, invest2lose said:

Does it or only because ripple offered to buy them at $4 a share?

Surely it’s the strategic alignment that got MGs price going. The quantum is pretty small in the scheme of things, no matter what the price per share paid. 

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