Hey @BobWay, I hope you are willing to answer noob questions as well. Well, here’s one...asking for a friend:
Let me ask you about a mathematical problem uuhm he is having. Let’s assume a FI would like to transfer $1M and the current price of xrp would be $1. So, they would be in need for 1M xrp. A year later the same FI wants to transfer $1M again. The price of xrp has reached $2 by that time (for whatever reason, say speculation).
They obviously need only 500k xrp to clear this transaction.
So, the higher the price of xrp, the less demand there seems to be. (And possibly less influence by speculators). But a declining demand usually would lead to lower prices per xrp. That “heating engine that cools itself” can only reach a certain temperature and stops at equilibrium.
Have you guys been talking about that equilibrium scenario and what’s your take on this? Or what do we miss here? Given the total amount of xrp available it’s very hard to think of a time when demand outweighs supply. Or asked the other way round: will all the xrp from escrow ever be in the market?