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/biz/ - Business & Finance

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51104662 No.51104662 [Reply] [Original]

>Start looking into XRP because it sounds interesting
>Literally makes more sense the deeper I dig in
>It actually makes sense

holy shit why did I believe all this /biz/ fud all this time

>> No.51104667
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51104667

>>51104662

>> No.51104683
File: 98 KB, 1200x700, xrpp.jpg [View same] [iqdb] [saucenao] [google]
51104683

>>51104667

>> No.51104684

holy shit it makes me mad how dumb XRP holders are

>> No.51104697
File: 1.10 MB, 1483x615, xrpdohs.png [View same] [iqdb] [saucenao] [google]
51104697

>>51104684

>> No.51104751

>the official bagholder flowchart of random associations with metals
Keklmao imagine missing an entire bullrun holding these corpo scam coins because of a fucking text message standard coming out next decade

>> No.51104778
File: 143 KB, 1152x2048, standard.jpg [View same] [iqdb] [saucenao] [google]
51104778

XRP is the standard. Non-XRP holders on suicide watch :D

>> No.51104782

>>51104778
based and XRPilled

>> No.51104936

>>51104683
If it's as cheap as shit, it's worth shit, simple as.

>> No.51105025

>>51104662
>XRP = GOLD
>XLM = SILVER
>ME SMART :D

>> No.51105053

>>51104697
>users cannot invest in Ripple
You can buy Ripple stocks at linqto

>> No.51105140

>>51104936
Uh huh.

>> No.51105540

xrp should stick to Reddit

>> No.51105733
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51105733

Please stop spoon feeding anon. Please stop making other XRP threads in the catalog… stop…

>> No.51106091
File: 2.93 MB, 1067x1873, 0E86A1F9-007E-499F-BA5D-75FEBDF3B385.jpg [View same] [iqdb] [saucenao] [google]
51106091

>>51105733
Checked, we must gatekeep.

>> No.51106194

>>51104662
Ripple is not xrp.
Xrp will forever be in limbo between 30 cents and 120 cents.

>> No.51106223

>>51106194
cope

>> No.51106256

>>51105733
>>51106091
No. Everyone get's a chance to make it. EVERYBODY BUY XRP!!

>> No.51106423

>>51106091
we are the gatekeepers

>>51105733
checked

>> No.51106435

>>51106223
whats ur unironic price prediction anon? do u think we could see within 3 years 100 usd per xerp or in 5 we see 1k+ per xerp

>> No.51106493

>>51106435

$500 in November 2022 when its gonna replace Swift

Then $2000 when the switch is flipped

$37500 per XRP in a while

>> No.51107020

>>51106493
your meming how can this happen that soon? ik iso implementation in nov but still

>> No.51107118
File: 93 KB, 971x636, Screenshot 2022-08-26 092548.jpg [View same] [iqdb] [saucenao] [google]
51107118

If XRP had a market cap equal to that of Bitcoins (never going to happen) with a fully diluted supply of 100 billion tokens, 1 XRP would be worth a measly $4

Solana is what ripple could never be

>> No.51107165

>>51107118
>2022
>Still believing market cap matters in crypto

SWIFT moves around $5 trillion dollars per day. $5 trillion divided by 100 billion XRP = $50 dollars per XRP, and this is assuming that SWIFT owned all the supply.

XRP will handle much more than SWIFT; it will eliminate the need for nostro accounts (worth $27 trillion), tap into the $2.7 quadrillion global transfer market, as well as interact with other blockchains and technologies. In other words, if XRP’s price was low, it wouldn’t be able to handle the trillions/quadrillions within its 100 billion coins.

XRP will likely be pegged to precious metals and/or a basket of assets to make the price even more stable and liquid over time, likely by governments, central banks, and institutions like the IMF.

Market cap is the multiplication of last trading price x circulating supply.

In other words, someone could create a coin with a 100 billion supply and buy a few of the coins for $11 dollars and its market cap would exceed a trillion dollars. Does this mean that a trillion dollars have been pumped into the coin? No, not even a hundred dollars, yet its market cap is over a trillion. This simple example illustrates how naïve market cap discussions are when it comes to crypto.

XRP’s price will be determined by utility, not by market cap. For example, SWIFT moves around $5 trillion dollars per day. $5 trillion divided by 100 billion XRP = $50 dollars per coin, and this is assuming that SWIFT owned all the supply. XRP is going after more than just SWIFT, it is going after a $2.7+ quadrillion market. Market cap means nothing.

>> No.51107238

>>51107165
holy shit i thought xrp schizos were just a meme

not fucking reading that shit lmaooooo

>> No.51107245

>>51107165
but how realistic is seeing $100 in Nov when isos go live

>> No.51107281

>>51107245
Yes

>> No.51107296
File: 3.00 MB, 854x480, XRP.webm [View same] [iqdb] [saucenao] [google]
51107296

>>51107165
pic related

>> No.51107320

>>51107281
wat

>> No.51107337

>>51107320
Could be very well yes