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  2. Again, this is nonsense. You’re stating here that there will be a cap on the price because “ people won’t be able to buy that much”. We’re talking about market liquidity here: market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price. Liquidity is about how big the trade-off is between the speed of the sale and the price it can be sold for. In a liquid market, the trade-off is mild: selling quickly will not reduce the price much. In a relatively illiquid market, selling it quickly will require cutting its price by some amount. Liquidity is highly correlated with the daily average trade volume ( over a longer period). Whole crypto is an illiquid market as to now. And you’re right that parabolic rises of the price are more difficult, or even impossible, to sustain than organic rises. But although the correlation between liquidity and price level is not so high as with daily average trade volume, one can state in general that liquidity will be higher with higher prices. ( why do you think that is??) That’s the inverse of your statement!! It all depends of how much interest there is for a certain stock/ coin and the spreads ( highly liquid = tiny spreads). There’s no fundemental cap on XRP’s price that can be calculated with indicators like market cap. BTC is an excellent example, going from cents to $ 5000 in 10 yrs.
  3. I really thought with the name musclehog, this post was about a xrp or bg tattoo 🤔
  4. Today
  5. https://www.dcode.fr/tools-list Good luck!
  6. You can define new assets other than XRP on the XRP Ledger. One of the things you could define if you wanted to, is a substitute version of XRP. PRX is that asset. If you know how, you can buy it for XRP. The XRP remains locked up on the ledger in a type of smart contract implemented on the XRPL itself. It was a pretty cool hack. Because of that lockup, you can always sell your PRX back for XRP whenever you want. ILP uses XRP, but because of the high volumes of really small payments, not all of those payments go through the XRPL itself. For this use case, the streaming payments protocol uses XRP payment channels. That allows the to parties to "clear" a lot of small payments very fast. These could include sub-drop payments if they wish to implement that. The sub-drop payments would then accumulate into full drops that could be "settled' on the XRPL at any time.
  7. However, we seem to be in a "the longer the base, the longer the base" phase
  8. I ploughed my 24 word phrase in a large field in an unknown location. I couldn't help but laugh when I could see those 24 words clearly via Google Earth.
  9. Your still forgetting that there's 99 billion of XRP total. Its going to hit a certain price and people are going to stop pushing it higher, and its going to be way sooner at 5000. There's always going to be quite a lot on the order book and at a certain price, people simply won't be able to buy that much.
  10. Your only looking at it from one direction. Marketcap isn't total BS, you still need a percentage of it to maintain a certain price. Yoou can "debunk" it all you want. But reality, like when the bubble burst in 2017 says otherwise. As soon as your wall breaks at a certain price, the price will fall. You don't have a certain % of the market cap to buy up sell orders, your price goes down. At $3.85, about 13% that was bought became available for sale. The needed money wasn't there, so it fell. As price goes up, that percentage usually becomes higher. Even if only 15% who bought at 30 cents wanted to sell at $50, you still need 15x the money or more than the original buyers had. This is why theories like Shane Ellis Theory are total nonsense and why it is hard to push the price up so much. You can have a massive FOMO, but it will dump right back down. The chart Julian Williams showed is much more reasonable than predicting prices of $50 or whatever The growth phases and as the graphs show a $3 trillion Crypto market in 10 years is very achieveable. Hoping for a sudden rocket rise that is maintained is not.
  11. We may be popular, but we’ll never be as popular as football.
  12. Nice find! I know he had some distributed computing patents, but I wasn't aware that any were filed as early as 1988. That surprises me.
  13. Excellent points I like reading a good counter to my own thoughts. I’ll have to agree with you it would be odd to the public eye if that were to happen
  14. Is there a way to access ALV last price using an api excel query ?
  15. The bit I quoted was from the linked source JannaOneTrick put up downloaded from the IMF website. I don't read this stuff, just borrow bits that catch my eye and dump them back on line. Janna seems to be a serious asset to the forum. I think no one really knows what to predict because we are really in uncharted territory with huge volume being generated from public arriving via social media sources and buying on their Iphones rather than through the stock brokers. Crypto might be as disruptive to the stockmarket ways of working as they will be on Banks. (Just the hunch of an outsider looking in)
  16. We need to up our game everyone! A petition asking Congress to get involved in a ruling dispute at a high school football game has over 5 times the signatures as the Token Taxonomy Act petition. You can change this by going to: http://chng.it/Hk7SLLSSZk and 1) Signing the petition 2) Using the handy buttons to share on Facebook, email your friends, and tweet to your Twitter followers 3) Copy/paste this message to your favorite crypto forums Don't let crypto get beaten by a bunch of high school kids!
  17. @Julian_Williams, That Blockchain Business Value Forecast document sure looks interesting. I googled it and found it costs $1,299.00 Thats some pricey knowledge you’ve acquired; good on ya! Seeing Gartner’s forecast I realized that my thought of how I perceived XRP would rise in value matches what they forecast for the business value. It’s only these last few days since seeing your post that I’ve realized that XRP’s value could be a bit of a roller coaster ride following Gartner’s cyclical growth trajectory. Makes sense as I’ve already been on one part of the roller coaster ride. This flat part of the track is a bit boring. Been good for packing the bags a little better. You and @JannaOneTrick have been putting out some great education lately. My perspective on the possible future has been getting brighter.
  18. Yesterday
  19. Why not provide the IMF with a free integration package?
  20. Yeah. Easier for me to buy a loaf of bread now for $1 or pay $10 for the same loaf 10 years from now.. But then when people realize that with XRP there is no constant de-valuation and I can buy the same loaf of bread for 2 xrp today or 0.02 xrp 10 years from now.. I might think twice and go through the effort of registering on a Crypto exchange and keeping an XRP wallet ...which by the way is not that onerous.. in fact I can do all that from the comfort of my home..just upload my KYC info and at most 1 day later, I'm done.
  21. i just downloaded the app, but do not have tip bot set up yet. I’m going to set that up tonight, and I will gladly accept payment via xrp at my business. (however, personally, at this point in time, I would never pay anyone else via xrp, I’d rather hold on to my personal stash, but if someone wants to give up theirs, I’ll accept it for sure!) I use QuickBooks for merchant services right now, It’d be nice if there was a plug in to accept crypto from there! When I email invoices, I can only accept cc or bank transfer online right now.
  22. Some very good points here about market cap, which really are logical when you think about it. What is also very interesting is the argument works both up and down, and goes to explaining Dec 2017. Firstly, if the price went to $5 in the next minute, not everybody can cash out at $5 per Zerp. The market suddenly gets flooded with sell orders, which needs an equal amount of willing buyers to sustain the price. The price is $5, but I don't want to wait around in the queue for my buyer, so I sell at $4.99. You don't fancy waiting either, and undercut me at $4.98... and down we go. Where it get very interesting, and where Dec 2017 give us clues, is the way up. The days where the price went crazy was because loads of people were trying to buy, almost willing to pay any price and the supply was tiny. The exchanges were closed to new business, and who wants to sell theirs in an rising market.. so the want to be buyers were left squabbling around trying to outbid each other for the ones available for purchase. Imagine if you will a scenario where big banks hold stacks we can't even imagine. They are not selling, as they use it in their ecosystems (ie, R3 Corda). Ripple still have locked in Escrow billions, so new bank has to tempt the retail buyers to sell their zerps in order to do their business. BOA etc would not be able to liquidate their stacks without huge slippage, but us retail customers with tiny (by comparison) stacks could find they could almost name their own price.
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