vsyc
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March 13, 2020, 03:19:14 AM |
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New day new low actually very low lol .but i am not losing Hope that at least next month i will see the growth in my XRP holding because it seems that we are falling more than 50% i wish we can feel the effect of this partnership after this Downtrend,i hate looking in the chart now because of this lowering but i consider Buying again and will take this opportunity . XRP is the only one that continues to make lower lows for a second year.
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vsyc
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March 17, 2020, 04:17:03 AM |
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Memba memba
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MemberBerries
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March 21, 2020, 10:40:32 PM |
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As I am the only one left: "Congratulation with new, 6th or wtv low built today"
Left holding the bags while corona rapes the rest of the bagholders Ripple ded
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vsyc
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March 22, 2020, 03:18:55 PM |
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As I am the only one left: "Congratulation with new, 6th or wtv low built today"
Left holding the bags while corona rapes the rest of the bagholders Ripple ded After 2 months it will be hard for opium addicted explain, why XRP lower than 3 years ago... But RIPple sells OTC, it does not impact price they said....
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DU18
Sr. Member
Offline
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
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March 22, 2020, 06:47:10 PM |
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Although at present the Ripple developer of doing a partnership with moneygram but in my opinion, it will not be able to fully increase the price of xrp in the market, and even the fact we can see if xrp has decreased in prices some days almost reached 2.5%. and even if moneygram liquidates all XRP received through its partnership with ripple, it certainly does not have a good impact on the xrp (Ripple) price movement in the future. https://cointelegraph.com/news/intermex-is-not-using-ripple-for-its-mexican-remittances
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bbc.reporter
Legendary
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Activity: 3094
Merit: 1486
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March 23, 2020, 03:11:24 AM |
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Is Ripple hiding what has occured? They pay financial institutions in XRP to use Ripplenet, however, I reckon all of them might never develop beyond the testing phase after dumping their XRP payments. MONEYGRAM HAS MADE ‘MILLIONS’ SELLING RIPPLE’S XRP
This activity is proof positive that Ripple Labs seeks to use whatever means necessary to get financial institutions to use its service. It reportedly pays other partner institutions as well. In the case of MoneyGram, such payments are curious, as Ripple Labs already owns a sizable percentage of the company. The arrangement to use RippeNet expires in 2023.
Ripple’s strategy of bringing banking partners into its ecosystem is clearly working, yet the extent to which these institutions actually use RippleNet remains less clear. Few appear to have moved beyond the research phase. The fact that Ripple has had to pay them to actually use it underscores this fact.Read in full https://bitcoinist.com/moneygram-made-millions-selling-ripple-xrp/
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██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
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Vinsonner
Newbie
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Activity: 15
Merit: 0
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March 29, 2020, 08:13:07 AM |
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What are the predictions for the outcome of the hearing?
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vsyc
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April 03, 2020, 12:01:15 AM |
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Blah blah blah, next XRP rises from 0.065 to 0.68 bringing new highs in violatility.
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vsyc
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April 03, 2020, 12:03:48 AM |
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New day new low actually very low lol .but i am not losing Hope that at least next month i will see the growth in my XRP holding because it seems that we are falling more than 50% i wish we can feel the effect of this partnership after this Downtrend,i hate looking in the chart now because of this lowering but i consider Buying again and will take this opportunity . Lol XRP down 98% but yeah keep hope. Retail retards on demand sude vs MoneyGram & Ripple on supply
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styca
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April 04, 2020, 08:28:49 AM |
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I do think that XRP price will recover eventually. It's just so much of crypto is still speculation-driven, and it leads to runaway price movements, down as well as up. XRP still has one of the strongest use cases out there, and is way ahead of so many other cryptos in terms of integration with the 'real' world. A lot at the moment hinges on the legal rulings and potential for more court cases. I'm confident XRP will survive all this, and prices will then rise.
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JollyGood
Legendary
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Activity: 2702
Merit: 1812
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April 04, 2020, 12:44:50 PM |
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Another innovative approach but it is not reflecting in the current XRP price. Right now the markets have hit low because of the coronavirus issues but I think the current price of $0.18 is way too low.
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Piston Asshole
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April 05, 2020, 03:15:32 PM Last edit: May 17, 2020, 03:29:54 PM by Piston Asshole |
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Will the SEC bring Ripple (XRP) to its knees?
Brad Garlinghouse is pursuing sales of Ripple (XRP), which he says is at the heart of the company's economy as investors believe XRP is a security token and must comply with the U.S. Securities and Exchange Commission's (SEC) standards for this asset class. The case has been before the SEC for several months, but so far the SEC has not expressed its opinion on the matter. In the meantime, XRP continues to function as a utility token and the SEC's silence on the matter is beginning to bother investors.
They are demanding that SEC guidance be applied to the sale of XRPs. The legal action brought by certain Ripple investors against the company is based on a number of factors, including the nature of the XRP tokens and the legal standards allegedly governing their sale.
The renegade investors relied on the SEC's legal framework defining cryptographic tokens to prove that XRP is a security token - a tokenized financial asset - rather than a mere utility token.
They take exception to the fact that "XRP has been circulating in the crypto markets since 2013", and that although the SEC published a guide to recognizing security token offerings (STOs) last year, it has not yet issued its verdict to date.
What is interesting is that if this token is considered a security token, Ripple's responsibilities to XRP holders would be much more stringent than they are currently and the company would have less leeway in the cryptographic markets.
In view of this, one might be tempted to wonder whether the SEC would be protecting Ripple.
Ripple Labs continues to sell XRPs freely in the deafening silence of the SEC In principle, the SEC must have required Ripple to comply with the legal framework applicable to the sale of security tokens for a long time.
It is worth recalling that Ripple's CEO, Brad Garlinghouse, had recently stated that Ripple derives most of its revenue from its sales of XRP in the market. In other words, if the SEC were to impose restrictions on Ripple in this area, the company would face real difficulties.
Brad had also proposed an IPO for Ripple fully supervised by the SEC. In his view, the company could exploit this platform to obtain financing in the capital markets and could finally stop relying on XRP sales to finance itself.
In the meantime, therefore, XRP and Ripple will continue to operate as they have always done. The SEC has, of course, never spoken publicly on this matter.
This laxist attitude is akin to de facto authorization. There's every indication that we're in a game. And no one knows if the SEC will actually force Ripple's hand.
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Alanin
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April 22, 2020, 05:20:15 AM |
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vsyc
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May 01, 2020, 02:32:20 AM |
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But muh lambo
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Raja_MBZ
Legendary
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Activity: 1862
Merit: 1505
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May 04, 2020, 04:48:39 PM |
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bbc.reporter
Legendary
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Activity: 3094
Merit: 1486
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May 12, 2020, 02:35:55 AM |
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@Raja_MBZ. I also posted an article about Moneygram dumping all the XRP that are paid to them by the Ripple decelopment team because according to Moneygram, they might be chargeable under law on holding XRP. It appears that Ripple is continuing to pay them XRP to use their platform and Moneygram is also continuing to dump them hehe. Ripple has paid money services firm MoneyGram more incentives in the first quarter of 2020, amounting to a total of $16.6 million.
The publicly-traded remittance company revealed the figure in its Q1 financial results, published on Friday, saying that its total operating expenses include "Ripple market development fees of $16.6 million, partially offset by related transaction and trading expenses of $4.5 million."
Ripple pays MoneyGram incentives for using its RippleNet solution, and MoneyGram categorizes these payouts as a "contra expense rather than revenue" and as a "market development fee based on the volume of foreign exchange that we transact on Ripple's platform."Read in full https://www.theblockcrypto.com/post/63855/ripple-paid-16-6-million-in-xrp-incentives-to-moneygram-in-q1-2020While MoneyGram receives incentives in XRP, it does not hold the digital asset for long. "We sell XRP as soon as we receive it – we don't hold any XRP," a MoneyGram spokesperson told The Block earlier this year.Source https://www.theblockcrypto.com/daily/58860/we-sell-xrp-as-soon-as-we-receive-it-says-moneygram-on-ripple-incentive-payments
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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leea-1334
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May 12, 2020, 06:44:38 AM |
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@Raja_MBZ. I also posted an article about Moneygram dumping all the XRP that are paid to them by the Ripple decelopment team because according to Moneygram, they might be chargeable under law on holding XRP.
I hope this happens. All of these corporate deals are not respected. I been reading about so many projects that did big raises and supposedly having contracts about holding and not dumping but so many C level people dumped and the community was unable to take action. Worse is all the equity deals,,, paid in tokens.
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