/biz/ - Business & Finance

>>27103680

mfw I look at my bags and try to remember mainnet is coming and bing boom POP 400 sats Cosmos confetti, but I only see the number on my screen today.

>>23141159
>its RSR all over again
Ask me how I know you're a new fag, go on

>>23086754
What do you think the value of XRP would need to be to handle 10 trillion in daily transfers? Just for this conjecture, I'm going to assume settlement is 5 seconds, XRP is market bought/sold immediately upon use, and all 100B XRP are in play. Obviously this isn't real (20XRP wallet deposits, Ripple escrow, HODLers, etc.), but keeping it simple to make a conservative estimate on price.

86,400 seconds per day
10 trillion / 86,400 seconds = $115,740,740.74 per second in value if usage was perfectly steady.
$115,740,740.74 x 5 seconds = $578,703,703.70 per 5 second settlement period if usage was perfectly steady.

Keeping in mind the hypothetical FI's are doing market buy/sell as needed and not holding any on hand, $578,703,703.70 / 100 billion XRP = $0.00578.

Because usage won't be linear, it will ebb and flow, we need more than $578 million dollars total worth of all XRP to account for spikes in demand. Let's assume we need an x100 in value to account for fluctuations. Now are XRP is valued at $0.578 per coin to create a 5 second liquidity bandwidth of $57,870,370,370.

When people bring up ridiculous MC valuations for XRP and FUD, I think this is a better way of looking at actual pricing, bearing in mind I used some really lazy, conservative math.

>>22553878

>>22337929
WOW SOMETHING TO READ

>>22313142

>>22311294

>>21946795

>>18720080
isn't this shit from fucking twitch? like a twitch emoji? fucking niggers from reddit, now faggots from that aids infested shithole
pls kill yourself and never post here again

>>15481553

>>13670400