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Super news from Western Union! They currently testing Ripple (XRP) for future money transfers.
Western Union Says It's Testing Transactions With Ripple (https://www.bloomberg.com/news/articles/2018-02-13/western-union-says-it-s-testing-transactions-with-ripple)

I'm a big believer in XRP, but the price changes are weird. Whenever there is good news the price is unchanged... and then it shoots up suddenly and dramatically after a while.
But this is yet more good news! Long-term, the XRP price is only going one way... up :)

Well after MoneyGram has partnered with XRP it is nice to see it's rival is also trying to catch up by looking into ways to integrate their system with ripple. This is really good news as we see day by day that companies are looking into ways for blockchain to help with their business run smoothly without any errors.

The fact of supporting Ripple by banking systems doesn't make it more centralized ?

Don't think so, but it the best adopted coin by banks atm.

LOL,the video doesnt announced any western union partnership so stop shilling your coin,the video only contains how greedy this XRP CEO is,he wants to regulate the cryptocurrency markets which is wrong because satoshi created the bitcoin to be a decentralized which today isnt being considered,we shoudlnt be calling XRP as  a cryptocurrency because it is being backuped by the central bank,stay away from this coin!

Exciting news for sure.  Too bad it is centralized coin...

Honestly, I'm not a fan of XRP, but the trend itself is great, because next supported coin can be Stellar, NEM or NEO for example.

Oh god, this company.

Honestly i do not know how are they still alive. They are so old fashioned and tremendously overpriced and have shady tactics as well, they get extra money by using bad currency exchange rate.

I know that there are online versions for their services in FEW countries which includes U.s. , but for the rest of the world it is used mostly by scammers or old people who are not familiar with never technology.

And who said that this coin is decentralyzed? The most centralyzed and known coin is ripple and I think we all know it and if we say oppositely, seems we try to lie ourself.
Why did they decide to add crypto on payments? And why did they choose ripple over bitcoin, ethereum and etc? What did they see something unique which wasn't in them?

A lot of central banks are working with ripple today, this centralized currency must not even exist at this time. How ripple shill try to spread bullshit news to the crypto atmosphere to make another momentum for ripple.
This was obviously true. ripple's shill hurt its credibility of ripple. Decentralized thing is everything for me. Centralized is't

Well, actually Western Union is fairly alive, with market capitalization about 9.5 billions, which is about ten times less than PayPal, but still ten times larger than Moneygram. And for the last 5 years WU experiences slow but constant growth.

Now all the email spams will be Please transfer us you're administrators fee with Western Union Ripple to claim your $1,000,000 dollars from the lottery you didn't enter.

I fear that the banking system is going no where so soon. Ripple is the best bet for the time being beyond bitcoin.

i still don't know and i don't understand what is connection between ripple and cryptocurrency. and are banks using same ripple coins with us?

That's why banking and payments systems try to join Ripple network asap. :)

Another milestone for XRP having WU as there possible partner in the future. If only they can address the centralization issues of there platform then I think Ripple would be way better to Bitcoin in terms of speed and transaction fees. That's the only remaining issue why Ripple don't pull up at 100K USD mark. If they only can convince all the cryptoworld that they are not threat to other crypto then it would certainly go above all.

Because of what I read, Im concluding that companies dont like open source and decentralized system, I supposed its because of volatility. Since the niche market of XRP is for bank transfers then it would be a good choice for remmitance companies.

Watch XRP overtake ETH again for Marketcap soon....

Its not happening this month for sure..

It's hard to predict whale routes, but my guess is that, in the best case, Ripple will simply keep its CMC position.

One SWIFT move and it will die. if you know what I mean.

Western Union is suffering losses in 2017 of about $ 550 million , is trying to tackle the situation through fashion innovation , God help you , the rate increases we are well

This is the best info! But i think! Why they do not to creat new coin sames as XRP?
Because at this times! Coin still by more people! Mean no bank to hold money!

I know Ripple has it's haters as it isn't "decentralised" but what it does do is encompass the blockchain technology and apply it well to a real world situation. I have some XRP stored away for the future so happy to see small and steady growth in the value of the coin as its get used more and more for it's intended purpose.

I hope these are some steps that can make XRP price very expensive I hope this is the trigger and the resurrection of XRP because XRP is a coin that has long been made and very little development of its cooperation.

Microsoft with partners is creating own blockchain check news in chip.pl.

good news again and again for a coin platform,
indeed for now ripple is very popular among companies,
various companies have adopted it,
I am sure the price will surpass from 1 $

Glad some of y'all have some common sense here 👍

If these will be success then maybe XRP will have the chance to increased its value. Since it is moving slowly at least they find ways on how they can make their value more expensive. Well, everything can be achieved if more people will support this innovation.

It's obvious why Ripple is so attractive for the financial sector: this guys can't live without controlling each coin movement.
From other side, such deals are definitely good for crypto marekt, because Ripple is a cryptoasset, even centralized one.

I don't really get it why ripple is so interesting, yes they have their own protocol but surely they have full bags of premined coins + there is no guarantee that financial institutions and banks will use XRP for their network, I mean they can simply create some new token. I guess when people hear regulation + something for companies and banks they want to buy in but the fact is ripple is opposite from what the first intention was for cryptocurrency and even they act as some sort of a middleman for banks...

it is very good news for us who still hold the ripple, we know that western union is one of the famous company, hopefully with this, ripple price will keep going up, and I thank for the information

Normally, it was meant to be the banker's coin, so I see no reason why bankers should not stick with a centralized coin compared to decentralized coin. However, I do not see anything much in the OP's video and nothing much about what the OP is talking about anywhere online. Also, I have always had reservations for XRP and I do not see that changing for any reason.

A lot of attention is being given to ripple these days by financial institutions and I am not surprised anyway. Even though I never liked everything about ripple and the idea that something about it has always been fishy, it seems for the profit, this one may be a good one to have some little bit of amount that I can afford to lose in, after all, we are mainly here for the long term benefit or who isn't.

Let's see how this goes for ripple anyway, but so far, it looks like the chart on its own is even looking good to be a part of for some short or long profit.

Research folks,western union wont announce it because it is a FUD just like what XRP did in the coinbase FUD,XRP is so desperate now because most of the people knew that this coin wants our community to be centralized if this coin would dominate our market it will be the end of satoshi's dream for us.This news will still remain a FUD without any confirmation from western union.For me i wouldnt waste an extra bitcoin for this centralized coin,i hate the bankers that is why i bought crptocurrencies especially privacy coins!

Where did people get this information? Because they did not say anything like that, they're starting to test Ripple. Although maybe I certainly missed something, but I think that no one is testing anything, it's just manipulation.

Considering all the disputes around Ripple, the company considers itself to be a simpler and more convenient payment system and does not pretend to be a cryptocurrency. bitcoin will never be used for payments. Most likely, the leading cryptocurrency will become a digital analog of gold and will act as a repository of value.

Haha

Western Union is going to be made obsolete by blockchain technology and everyone knows it.

They float this rumor to make their stock jump, key people will sell out and then the slow "Blockbuster Video" type descent will begin...


Fuck the established middlemen!


WE don't need them!!

 8) 8) 8) 8)

Again I don’t see this increasing value in the currently just stability (granted I have a large investment in XRP) banks and business are not likely need tons of value for transfers.

As someone who uses WU (and a small holder of XRP) this is fantastic. Hope it all pans out well - surely can't be any worse than their current system.

That is good news indeed, ripple is doing great job behind the curtains as we can see, many crypto guys dont like what ripple represents and because its centralized, but they do really make a good job

You are right people doesnt need this money transfer things,we have know the blockchain technology.Western Union is stepping forward to adopt the blockchain technology so they could save their dying industry. :P This just another FUD just like what happened to the previous COINBASE listing FUD. ;D

Really a good news. I firmly believe in ripple. Ripple has bright future and it is much potential. Western Union is testing xrp in money transfer and it is big great news for xrp holders.

If this will happen we should be supportive for what their planed to do atleast we have many choice.Cryptocurrency is so hype now that's why even in banking system they would like to tied up.Granted for all member of crypto world because this is a proof that people interested to involve in cryptoworld.

Great News! I think that in the short term well se such news from FIAT banks trying to be early adopters of crypto as a strategy for growth and gain competive advantages (at leat, so as to not get left behind).
They have to be wary though on native born crypto banks which are now on the surge from ICOs.

I dont believe that western union will deal with ripple because they dont want to give power any token. if they use crypto , they can  create  western union token. it is speculation.

One SWIFT move and it will die. If you know what I mean. And western union token is great idea!

This is sure a FUD,just like what we had in the XRP's coinbase listing FUD a lot of people lose money,because these bankers are good in manipulating this coin,I hope less people arent researching so they would know that this is just a FUD,probably because these bankers wants to pump their coins so they could take profits from it.

Ripple was clapping because his ambition to defeat ethereum might become real.
The relationship between 'Western Union' and 'Ripple' can increase the popularity of Ripple rides up and become more aggressive in the market.
As a result of this cooperation, 'Western Union' probably will be blamed by speculators as it has led to a significant increase in the price of Ripple in crypto market.

I totally agree with Western-Union that Ripple is their best choice to be their partner on sending money across countries and I totally support their platform.
I am a big fan of Ripple and a holder of a couple of thousands of XRP since last year so now I'm getting excited that Ripple had again passed another milestone that companies are bringing up closer to  their clients trhough blockchain technology.

Nice to see that some big players in the global payment industry are tapping into the idea of the blockchain technology and making use of ripple as their drop spot to see how things go.

Hopefully, this should be a good one for ripple anyway as I should expect some of these news to spring up some rally for the coin. However, that still does not change my skepticism for the project. It is centralized and that is all it will ever be.

Global payments company Western Union is testing transactions using technology from cryptocurrency platform Ripple, its CFO Raj Agrawal said. It follows speculation in early January that Western Union planned to start using Ripple to facilitate money transfers.

Not going to happen unless western union announced it,no this is another FUD from the big players whos bet in XRP,there is no way that blockchain technology will be adapt by these remittances company because they are very centralized.I aint going to support XRP because it is a cancer to our community it could destroy our decentralized community.

Still I wont touch Ripple. Not decentralized, no proof of work and no open access. Ripple just trojan horse of the bank to get their hands on ETH and BTC for cheap. Ripple is the instrument with which the banks get into crypto for cheap. Holding Ripple is a risky game. Western Union should be history soon enough.

Great! Great move by western union, maybe theyre gonna start transferring cryptocurrencies to but i wonder why ripple? Instead of ethereum or bitcoin? I wonder why. But its great! this will be a stepping stone for other western union like to be accepting altcoins for transfer.

This might be FUD news or what but I'll do the same thing, will not invest on Ripple because its centralized though its good coin in terms of market cap but I still don't want to take more risk on this. I tried holding this thing when it hit 20k sats and suddenly dump too hard then because of that I learned not to hold centralized coin anymore.

sorry but for me the source is not clear
to claim possibles partnerships you need an official declaration or a post on the official western union website

banks could not fud in crypto market , so they are doing partnership with highly centralized coins like ripple .
why so much centralization in any coin !
crypto main purpose was decentralization and giving back power to its real owner .

i hate xrp if the banks and finical institutions controlling cryptos what’s the point of having decentralised stem.

It's good to know that the banks are totally aware and wanted to join the cryptocurrency hype. However I think the distribution/transfers of money is very unclear since the value of ripple or any altcoins are very unpredictable.

While this is good for xrp, I don't think it's good for crypto in general.

It's a centralized corporate coin after all. Goes against what most cryptos stand for.

That's great news! I think she can revive xrp and raise its price now.

lol What a load of BS WU has very little if anything to do with the rise or fall of Ripple. They'd wash their hands clean of crypto the first moment they can. In fact, if they even smell a crypto exchange has taken place through their networks they will simply freeze that money. Xrp has a tendency to pop up out of nowhere every couple of months to a year and then disappear into obscurity again.

If Western Union is trying to integrate XRP in to its system, then I would say that it gives us a prime reason to avoid Ripple like plague. Satoshi Nakamoto invented crypto-currency, so that ordinary people would be freed from financial slavery by corporations such as the Western Union. XRP is just the opposite of what Satoshi had in his mind.

Some guy that worked with Ripple said that Banks will not be using Ripple when they showed on the telly.

Ripple is a centralized crapper coin, sorry to all you ripple fan boys that don't have a clue about crypto.....

If they do decide to use it, then this is HUGE news and advancement for the crypto community!! We need more big name companies to get on the crypto train!!

 This thread just made me realize, but what ever happened to the wall street people testing the bitcoin? Did they ever release any thoughts or updates about what they thought of the product?

This is good news for Ripple holder. But I do not understand, why Western Union prefer choosing XRP rather than other coins. What are their reasons for choosing XRP? From that articles, the western union said "XRP could move money faster" really? only that reason?

That would be a great opportunity for XRP to be considered by Western Union as part of the currency to be used on their money transfer transactions. Probably Western Union had considered Ripple, the blockchain company trying to become to go to service for global money transfers with faster transactions.

I knew of this over a month ago. I wanted to buy Ripple when it was around $.60 too during the recent crash, but for some reason I just kept avoiding pulling the trigger. Now, like an idiot, I regret not doing it. I have made quite a few mistakes like this in the last 2 months, but I guess it is part of the learning curve. Crypto is difficult to figure out especially with the crash.

I still think XRP at $1 is a good deal, but I would wait until it drops below $.75 to think about investing again.

 :-\

Ripple is very strong cryptocurrency. this news is really positive and we hope ripple price increased after this news.but ripple is a centralized coin and banks control ripple price. hope we can earn good profit in near future.

Just found update from Western Union CEO with official confirmation concerning testing transactions using Ripple’s platform.
The Rumors Are True: Western Union Experiments With Ripple’s ‘xRapid’ (https://www.financemagnates.com/cryptocurrency/news/rumors-true-western-union-experiments-ripples-xrapid/)
WU still seems to be serious implementing Ripple transactions.

I had read this good news a few days ago. I am a big supporter of Ripple and I think that if it continues to close important agreements it could be one of the most positive surprises of this 2018

Sadly this news didnt affect XRP's price because people knew that this is just another FUD spreading to manipulate XRP's price because it is nearly dying nowadays,investors doesnt want to put their money into a centralized coin like XRP,so the people behind XRP needs to do something or some hype so the most of the people will put their money to this shitcoin.

If this is true then the future price of ripple will rise again with more and more using ripple then the price will most likely be more expensive.
But for now western union using ripple is still in testing phase and with unstable market conditions it looks like ripple prices will still be difficult to ride.

I do not think that this is a good idea, but of course you can not exclude it, of course, we all know what Ripple is and what evil it has for all other crypto currencies, so if you have Ripple, then give it back.

Seems that this news doesnt affect the XRP's price because most of the people wont bite another FUD because previous FUD of XRP gave a lot of people a headache.People are getting more and more wise everyday,because if they dont they would lose a lot of money.I am not a fun of XRP because it is the most centralized coin in the market,and i reall hate this coin because it shouldnt be called as cryptocurrency and it wont be qualified to be cryptocurrency.

The rumours would stay rumours unless western union has confirmed it with their official statement
But i doubt,they wont use XRP.

This wont be affecting people's mind because most of the people knew that this coin is being manipulated by the bankers,the recent FUD that people has received is surely burned a lot of money from the investors,so people are getting more wise today by nothing getting FOMO by these news,because if they got FOMO again,they would have lose a lot of money again,so people are getting more confirmation before they do anything,

This will be just another FUD until western union has confirmed it officially.

When I discover the real plan behind Ripple I pull out my support and I'm not believer anymore. We are doing cryptocurrencies to start decentralization on this world so people that who are very powerful out there cannot control us anymore. So I am no to ripple because there are so many altcoins out there that still has more potential than ripple.

Yes, it is. This is very good news. Ripple has made tremendous progress with his partnerships than any other crypto. She also entered the Chinese online shopping market by entering into a partnership with chinese LianLian International.

This will remain as a rumour until the official statement of western union has released,but for now people wont bite the bait because we are tired of these FUDs spreading across to manipulate these shitcoins like XRP who doesnt have any good developments,the only reason why XRP is getting pumped is because of the news like this one,previously the coinbase FUD which ended badly for the most of the people who got FOMO that time.

This is one of the reasons I hate Ripple the most.
By supporting XRP you are supporting Banks which is entirely opposite to the crypto vision. ripple is centralized, most of the tokens are still hold by them, they can generate more when required.

There are a lot of centralised alts, but Ripple is the most controversial one because it was not just created by bankers, it is totally controlled by them. That's why I don't like Ripple. Crypto was created as something free from banking system. I never use Western Union. But they seemed to be a good money transfer organisation. Don't understand why do they need Ripple..

That's great news . Can you expect $ 15 for Ripple this year ?  Just I still keep them for long ,although there was good growth but I decided not to sell them as we believe in this coin

It is a very important development for a payment instrument such as a Western union to start testing the Ripple's blockchain system in this way. At the end of these tests we will also see the times when the system is completely running.

Its definitely a step in the right direction, I hope that this will now further influence more transactions through these mediums. I would say all the new alts coming out that have the intention for 'unbanked transactions' will start to replace these payments for sure. NOTE: These will need serious KYC/ AML checks !

This is never gonna happen because it is jusdt FUD from those people who wants XRP to get pumped because probably they were trapped from this shitcoin a long time ago,that is why they need to do someting about this coin,this is just like what happened to the last FUD we have received,coinbase FUD listing have broked a lot of people because they have loose most of their investments.

to save the existing financial system and cash flows, for this purpose and to introduce a system with a crypto currency. In this way, new banking systems are already in place.

Although XRP is centralized coin, the mainstream financial system is more enthusiastic about the potential of the Ripple blockchain. Several partners are currently testing out Ripple's technology. Besides Western Union,  it's also American Express, Banco Santander and MoneyGram International. Perhaps investors are helping drive the XRP tokens higher. We can expect the coin to grow.

I often read articles about the high risks of ripple, a lot of rumors about it, one of them adding xrp to coinbase, it never happened. In January, its price rose to almost 3.8 dollars, then its the rate began to fall. By February 4, XPR cost 0.86 dollars (minus 80 percent to the historical maximum) Let me remind you that 60% of the coins are in the company ... Personally, I would not make big bets on this coin.

I am very glad that Ripple is widening its cooperation with governments and different financial institutions. Now is turn of Western Union. It will be nice to see the good results of this partnership.

So will Western Union lower the cost of transactions now they have a cheaper way to transfer money?

I am totally in with you bro! And it totally pisses me off when people are regarding Ripple as a cryptocurrency. This is one coin I will never be comfortable holding either in a short term, let along long. Let's see how their idea of centralization ends up working out for them, but as far as I am concerned, it sucks and will always suck. Moreover, there are better coins to hold than ripple and if western union wants to gamble on this, their choice!

Good news that crypto currency is taking more roles in our daily life

Right, when Western Union officially announces XRP payments or transactions in Ripple network the price of Ripple will significantly increase, no doubts.

I do not like Ripple. But this is just great news. All that is related to the spread of technology blockchain in the broad masses is good. It will not make me buy Ripple. But this news will give the right message to society. Namely, those who do not believe in technology or doubt or something else. They will see that technology will gradually occupy all branches and will be simply irreplaceable.

Ripple is a centralized coin in every aspect.

BTW - I think that those deals are great but the question is if it will be used the same ripple structure. or that they will create for the organizations a separate structure which in this case won't make any difference for the currency value

Still believe fiat has it's place in a world of cryptos, just like horses has a place in a world of cars, and letters in a world of email. It's not either/or, both systems can co-exist, and anyone betting their whole life savings in one system (blockchain) is not smart. Even if he ends up making 1000x, it's not a smart decision, just a lucky one.

There is always such news for ripple every year
but I do not believe these reports

Yes, crypto currencies have not penetrated so much into our lives so that we could refuse to use fiat money. We all have to still use fiat in everyday life.

If this is true this huge for both Western Union and Ripple. It is huge for Western Union because if they didn't innovate soon their whole business is gone, and one of the worlds oldest companies would be gone forever. Smart of them to recognize the landscape is changing and they adapted well. If Ripple lands such a huge company as a client there use case goes up phenomenally and they actually have a leg to stand on (albeit a centralized shit leg, but a leg nonetheless ;D).

Western Union will benefit the Crypto and they will have their own benefit also due to high speed transfer of XPR.

Ripple (XRP) proving its mettle. With more banks and financial institutions working with it. Should be beneficial for the crypto world in general.

Yes, this is a major event for the world of crypto currencies. Crypto currencies begin close interaction with financial institutions and it's great. Crypto currencies have a very promising future and this event only confirms this fact.  8)

Just noticed that MoneyGram already has partnership with Ripple and actively tests xRapid network.
Ripple and MoneyGram Partner to Modernize Payments (http://ir.moneygram.com/releasedetail.cfm?releaseid=1054088)

The title should be,western union FUD is still on and those people who are manipulating XRP price doesnt give up yet.This coin really sucks a lot of speculations but none of these came from reality,i am one of those people who got fooled with the coinbase rumour that turned into FUD when coinbase announced that there will no coin to be listed.


You should be checking the official website of money gram,yours like fake one  ::)

It seems that the site is really a fake .....  ::) Now we have to check back the information very carefully. Scammers are waiting in every corner.

Good news for RIpple. But if, as a result of testing, western union decides that it is not suitable for them, then there will be a strong price collapse

We already see a very strong fall in prices, can there be something even worse? The news about testing does not mean anything. The news of the beginning of the full use of RIpple will be really good news if it really happens in the future.

If Western Union is trying to integrate XRP in to its system, then I would say that it gives us a prime reason to avoid Ripple like plague. Satoshi Nakamoto invented crypto-currency, so that ordinary people would be freed from financial slavery by corporations such as the Western Union. XRP is just the opposite of what Satoshi had in his mind.

Good news!

It is a good news that one of the most well-known money remittances Western Union start accepting Ripple this is really big help in all crypto currencies. I also believe that Ripple is only the beginning and time will come  Western Union will accept also other digital currencies.

#Datarius

Why are you a big believer in XRP?
And you obviously don't know that much about ripple if you think the price changes are weird.

There is no use case for XRP.
Banks use the platform but the coin itself has no use.
So you have a coin with no use case (classifying it as a security rather than utility) with an incredible amount of coins minted and a vast majority of it held by the company ripple themselves.
This is not guessing, it is well researched and the blockchain doesn't lie.

So what happens? Whenever xrp has a price change it is because the company themselves start to devalue or value their coin to sell off for more money.
There isn't enough ripple in the public hands for use to make that much of a difference.
Investors are literally at the mercy of the company ripple.

Still believe in it?
Don't believe me?
Just do a quick google and you can verify all of these things.

I would not be so strict with ripples. This is an ordinary crypto currency, although it has unlimited emissions. You can simply ignore the existence of this crypto currency if you do not like it for some reason.

Ripple's XRP token to me isn't a valid cryptocurrency worth investing in.
To me, it is no different from centralized Fiat crypto-currencies such as the petro and whatnot that can be manipulated by corruptible centralized entities.

I'd rather invest in Stellar Lumens, which is now tightly partnered with IBM, and have joined the NEO-ecosystem.
Follow this series of videos: https://www.youtube.com/watch?v=Tb4movhMWi4

I hope this is not just rumor. Ripple really has no use case other than speculation from newbies and whales from forums. I really wanna see some use case for it that justifies its price even as centralized coin.

Yes, I would prefer to invest in something more promising, for example in effect.ai or nex. There are many more worthy projects. The cost of a ripple is very easily controlled by banks, and it does not suit me.  ;)

I do not think that this is true information, of course this may be true, but in this case it just confirms the theory that Ripple is a project that is created by the banking structure to buy out real crypto currency for candy wrappers.

Western Union is testing Ripples for money transfer is a good news for those who are researching and investing in the Cryptocurrency market. This proves that commercial companies, services gradually accept the liquidity by digital currency. In the near future, there will be many companies and corporations in the world applying digital payment, because of the convenience and security as Altcoin.

no one needs western union and no one needs ripple

I have to say it is a very good news for Ripple investors. Ripple, which is a hope for investors with a sudden rise in the past year, has also gained a good reputation within the past 24 hours. It is debatable to see 3 USD levels again, but if this news is confirmed and if the villain is passed, it can exceed the 3 USD band very likely. It's not an investment recommendation, but I think it's worth keeping some Ripple in the corner.

There's always news like this, but there's no one that's real. :-[

They might be testing it but I don't think they will be using it in the near future as using such a volatile currency for transfer of huge amounts of money and such large number of transactions is very risky also why use Ripple when they can develop their own coin that they can control.