/biz/ - Business & Finance

>>20921711
$138000

XRP will be 2000 USD in Dec eoy.

>>20921729
That would be dope. I plan on putting $10 or so 20 every couple weeks onto a few coins just to see if i make some pocket change. If xrp really hits 2k I'd probably shit my pants ngl

>>20921807
Yeah man $2000 XRP would put the market cap of XRP at $200 Trillion, roughly the the entire economic output of the USA for 10 years straight.

There are 100,000,000,000 XRP.

>>20921884
So you agree $2000 is kinda necessary, I mean how else would they be able to transfer all financial transactions on this planet through their network

>>20921884
I.D.I.O.T = you.

Myth #1) The Market Cap represents how much money has been pumped into a coin

This is the single-most common misperception that virtually everyone falls for, at least in the beginning. For example, if a market cap is worth say $1 billion dollars, then there must've been $1 billion dollars of money pumped into it, right? Wrong. Dead wrong. So wrong, that I have to keep saying wrong just to really drive home the point of how incredibly wrong it is. Wrong.

Remember, the formula is LAST trade price TIMES circulating supply. So if person A buys 100 Bitcoins for $10K each, then the Market Cap is $10K TIMES ~17 million coins = $170 billion. Then person B comes along and buys 1 Bitcoin (just ONE) for $10.2K. That TIMES ~17 million = $173.4 billion. The Market Cap has increased by $3.4 BILLION DOLLARS because ONE person bought ONE Bitcoin for an extra $200!!! Yes, really! This is how it works!

This is how incredibly stupid and USELESS the calculation of Market Cap is in the first place.

http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2

>>20921807
Don't listen to marketcap retards anon, they have no idea what crypto is and what they are invested in. It's 20 bucks, hold it until Christmas and you will see I was right. There's a lot more information to this, but I wont share it. I am lazy and I've done the research for myself, if you are curious DYOR as well.

Good luck.

>>20921711
take that money and buy yourself a meal you fucking poorfag

>>20921711
XRP can make you money, but it’s the antithesis of what crypto is about along with Tether.

>>20921935
I never claimed that it would take $200 trillion of new money to go into XRP to bring its market cap that high. I said that if XRP reached $200 market cap, it would represent the same value as the entire output of the USA for 10 years, which is a valid comparison. It is a fuck load of money.

>>20921884
100% necessary senpai, I think it might actually overshoot and hit $200 quadrillion instead.

>>20921933

Meant to reply to you. XRP to $2m per coin, minimum.

see this guy? do you think a man of his persuasion is in it to lose?

>>20921935
Will do bossman
>>20921970
I think ill just not eat tonight

>>20922134
Now that's just unrealistic

>>20922152

If i only had 20$ to invest i wouldnt eat either, imagine missing moon mission due to shoving food down your throat.