And So Ripple Starts to Make RipplessteemCreated with Sketch.

in #news7 years ago (edited)

Ripple and MoneyGram Test XRP Currency Transfers

Ripple, a blockchain company and rival to bitcoin, on Thursday announced a tie-up with Dallas-based money transfer giant MoneyGram.

Ripple and MoneyGram Test XRP Currency Transfers

ripple_chart.png

Here is the chart at 9:05 am EST.

We'll see how it goes today.
I know a lot of people believe that Ripple(XRP) is the anti-cryptocurrency. All of the coins are already mined. They are working with centralized banks to provide payments. But, Ripple did have a huge run in December, mostly due to rumors and misquoted pumps and dumps. We'll have to see how this MoneyGram deal affects the price.

Right now, all of crypto is down due to one thing or another. Mostly due to a pull back correction after drinking too much egg-nog in December. But, it will go back up, it just needs a spark to get beyond the FUD and start the FOMO again.

Quick Update:
Ironically Future Forecasting from Reddit in July 2017

What is the main difference between MoneyGram and Ripple?

Moneygram can send cash as well in 10 minutes to other countries to people but not to companies accounts, does anyone know if Ripple can do that?

Now we know.

Here is the official announcement from Ripple.
MoneyGram to Use XRP for Faster International Payments


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I think time as come to buy Ripples now.

So, should we buy it or wait for it to drop even more, hmmm. That is the question...

That is the question.
It has dropped a lot from the pumped high.

This probably should tell you something.

ripple_chart-bump.png

ripple or litecoin to buy in the next days @deanlogic .What is your opinion?

Ripple jumped on the news.
LiteCoin has to find its bottom still.

When everything starts turning around, either would be a good buy, if you got it low enough.

probably right.thank you a lot!

Ripple is up over 15% now.
LiteCoin is still down.

Very interesting! I was actually looking into Ripple for the future.

Look at it now.

It was a matter of time, thanks for the information deanlogic!

As with all the coins, that aren't just crap coins, they have to get beyond the Alpha and Beta stages and start to actually do what they say they are going to do, so that they show their real value.

Korean exchanges being seized and shutdown is what caused all the drops.

Ripple broke it's descending resistance it started a week ago. Will be interesting to see if it can stay strong with all the blood in the streets. I bet there are a lot of bag holders that bought at the top waiting to sell.

FUD.
Exchanges weren't seized or shutdown in Korea or China.

For those who put their money in BitCoin Cash or Tether, now will be a good time for them to buy cheap.

Yes, like you said.
I don't like XRP.

But, if it can kick the market back into green, I won't hate it too bad.

I am always very critical with XRP, but if it helps to give visibility to the crypto market it will be good news. Even so, I prefer not to invest in it.

Interesting! i'm starting to do some crypto 'info sheets' to get a better understanding of the projects or ethos behind the cryptos i don't have. I've tried to avoid BTC copies and all the other 'vacant' cryptos, don't want to be putting my money into things like that when there's loads of cryptos which have a brilliant ethos or project behind them. But I hadn't looked into Ripple yet, didn't know it was such an antagonist (who's the Dr Evil of cryptocurrencies?). Thanks for the post!

You can only buy Ripple after signing a contract with a drop of your blood.

Sounds like having a job

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