Japenese bank to incorporate Ripple Moneytap

[Harrydose]

The new organization with SBI possessions and because of the harms of the losses, the Fukushima Bank of Japan is incorporating Ripple fueled MoneyTap. Japanese financial association SBI Property Inc. has molded a capital converge with Fukushima Bank Ltd.

As a significant part of the association, the common bank will incorporate ripple controlled loan application MoneyTap. The declaration communicates that MoneyTap will help Fukushima Bank to build customer comfort while diminishing operational costs.

Source: TheCoinRepublic

[tinyteapot]

This information was released 2 days ago but it does not have any impact on the market price, i also read it about it here https://u.today/ripple-powered-moneytap-to-be-integrated-by-major-japanese-bank the market would have moved if the news came from china.

It is a statement of facts that the implementations will help the customers to reduce transaction cost and bring convenience to them.

[Bravext]

What I wanna know is... What came out of the previous partnerships that Ripple had with Banks and online payment services in the past? Or a partnership agreement is where it all starts and ends? They should have realised by now that news like this does not move prices anymore, the Cryptocurrency sphere has matured past the stage where every news would have a huge impact on price because of FOMO, Stellar recently burned 50% of the whole coin supply and it barely added $0.02 to the price of XLM, if that had happened in 2017 or early 2018, it would have increased the price of Stellar +1000% just like the news of bank partnerships did with Ripple price in the past.

[Finestream]

This information was released 2 days ago but it does not have any impact on the market price, i also read it about it here https://u.today/ripple-powered-moneytap-to-be-integrated-by-major-japanese-bank the market would have moved if the news came from china.

It is a statement of facts that the implementations will help the customers to reduce transaction cost and bring convenience to them.

This tells us that we are in a bear market now, at least for altcoins that's why its hard to see some growth at this moment.

If the market is healthy and people see that a certain news is significant to the success of XRP, we would have seen a pump of XRP now, but we have to accept the reality, it is what it is, but don't loss hope because it doesn't mean that effect is gone, we can always wait until the right timing will come which is when the market is fully healthy or bullish again.

how I miss the old times when market is still very predictable.

[el kaka22]

Ripple has been working with banks all the time, there has been a lot of connections with the banks of the world (literally in 20+ countries so far as far as I heard) and that is why I still think that Ripples real friends are banks and not the people.

There are a lot of people who think XRP is a great deal for them and because XRP is at top third coin that it is something good but honestly Ripple just wants to make a big deal out of themselves by working with banks and having those banks just make those changes with Ripple blockchain so that the banks could drop the costs of their transactions.

Anyway, if they really want to still believe ripple is working for the XRP people they can, all of these Japanese bank things are all ripple really working to make more money for their own pocket.