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StarOrbiter

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  1. Like
    StarOrbiter got a reaction from johnlogan in How long to millionaire status with 100k XRP?   
    On a purely hypothetical and speculative level, when could a person who now holds 100k XRP hope to be a millionaire on that investment alone? 1 year? 10 years? 50 years? Within 10 minutes of this post?
    And explain why you think it will take your speculated time frame to reach that valuation...
    Hopefully this will be a fun, conjecture based post and subsequent replies...
  2. Like
    StarOrbiter got a reaction from Mr760 in How long to millionaire status with 100k XRP?   
    I really only have about 500 XRP anyway, so I guess no millionaire status for me. I really want to get a real job but my mom says I have to wait till I'm 16. Till then, I guess I'll just have to keep mowing a lawn or two... You just can't beat honest labor. 
  3. Like
    StarOrbiter got a reaction from Altcoinbonanza in How long to millionaire status with 100k XRP?   
    I really only have about 500 XRP anyway, so I guess no millionaire status for me. I really want to get a real job but my mom says I have to wait till I'm 16. Till then, I guess I'll just have to keep mowing a lawn or two... You just can't beat honest labor. 
  4. Like
    StarOrbiter got a reaction from rippleric in How long to millionaire status with 100k XRP?   
    I really only have about 500 XRP anyway, so I guess no millionaire status for me. I really want to get a real job but my mom says I have to wait till I'm 16. Till then, I guess I'll just have to keep mowing a lawn or two... You just can't beat honest labor. 
  5. Like
    StarOrbiter reacted to tulo in How long to millionaire status with 100k XRP?   
    MY Price of XRP:
    Year 2013: 0.06 (December)
    Year 2014: 0.02787 (December 17)
    Speculation:
    Year 2015: 0.015 (December 30)
    Year 2016: 100
    Year 2017: 0.2 e-15
    Year 2018: 1000000*sqrt(2)-log(17)
    Year: 2019: 
    Year 2020:
    _, _ _ ,_ .-'` / \'-'/ \ `'-. / | | | | \ ; \_ _/ \_ _/ ; | `` `` | | | ; .-. .-. .-. .-. ; \ ( '.' \ / '.' ) / '-.; V ;.-'
    Year 2021: humans extincted --> XRP are useless
  6. Like
    StarOrbiter reacted to darnoc in How long to millionaire status with 100k XRP?   
    We often forget to look at the fundamental differences between crypto-currencies and government based currencies. Quantitative easing and the inherent function of dollars makes them a very poor store of value. If ripple truly succeeds as the hydraulic fluid of the internet of value, it will be the most real basis for value that has ever existed. It will act as a type of financial anchor for all of the markets: retail, investment, banking, international transfers, etc. Ripple's price will therefore  be a pretty holistic representation of all value exchange. If this actually comes to be, I could easily see the price of ripple being significant.
    If bitcoin can hold a speculative value in the hundreds of dollars with very little real utility, it's safe to assume that a crypto-currency with financial utility that reshapes the entire global economy will be extremely valuable. Granted there are far more xrp than btc, so that needs to be taken into account. But I think that $10 xrp to be a very realistic price if Ripple succeeds in its goals. Obviously this entire game is a huge speculative gamble, but the possibilities are mind boggling.  The global economy and flow of value are about to be changed dramatically. We just don't know exactly how. 
    So I think if Ripple succeeds,  100k xrp could be worth a million dollars sooner than some might think. Equally, xrp could be distant memory and a very short chapter in the development of the internet of value. Given that major changes are comging to the world of value exchange, I believe xrp to be the best way to gamble as a total layperson in finance and technology
  7. Like
    StarOrbiter reacted to deemdior in How long to millionaire status with 100k XRP?   
    Wow I love how random every single number in this post is!
  8. Like
    StarOrbiter reacted to FNetV1 in How long to millionaire status with 100k XRP?   
    Well, lets calculate when possibly holding 100k XRP would make someone a millionaire:
    Price of XRP:
    Year 2013: 0.06 (December)
    Year 2014: 0.02787 (December 17)
    Speculation:
    Year 2015: 0.015 (December 30)
    Year 2016: 0.05574 (mid to late)
    Year 2017: 0.240
    Year 2018: 0.05574
    Year: 2019: 0.030
    Year 2020: 0.314
    Year 2021: 0.11148

    By year 2021 your 100k XRP might be worth over $11,148, hardly a millionaire.  Your job is to trade your way to having millions of XRP by year 2021, if you can accomplish that then you might have something to retire off by year 2021.
    Now, by year 2052 each XRP might be worth $57.07776 each.  At that price your 100k XRP will be worth $5,707,776 right around when you just got your Medicare card in the mail along with a ton of AARP offers.
     
  9. Like
    StarOrbiter reacted to deemdior in How long to millionaire status with 100k XRP?   
    For xrp to be $10 the total value of xrp will be 1 trilion dollars.
    I dont see that happening without xrp being one of the 5 major accepted currencies in the world.
    I believe i read somewhere that in america on a daily basis 78 trilion dollars is moved.
    So to be honest I dont see xrp ever achieving that.
    $1 per xrp is maybe doable in 7 to 15 years if everything goes well. ilp made sure that xrp is not needed anymore for transactions between ledgers for the major currencies. So whats left is the fx market for the rest. Might be 10% or so (my estimate, i have no idea)
  10. Like
    StarOrbiter reacted to Phintech in How long to millionaire status with 100k XRP?   
    I think the key to success is Ripple's long term goal of being the backbone of the Internet of Value.  If and when money moves like data does now, and Ripple is involved, is when you'll see the big XRP gains IMO.  That will not happen anytime soon without the banks and their participation / liquidity.  Ripple is digging the footers for that foundation right now. 
    Could it devalue completely?  Sure it could.  It's a speculative investment.
  11. Like
    StarOrbiter reacted to tulo in How long to millionaire status with 100k XRP?   
    I think it's better if you start looking for a job instead
  12. Like
    StarOrbiter got a reaction from Parabellum in How long to millionaire status with 100k XRP?   
    Is there anyone who thinks XRP could devalue completely, regardless of whether Ripple blockchain tech emerges as a long-term industry leader or not? 
  13. Like
    StarOrbiter reacted to Morty in How long to millionaire status with 100k XRP?   
    When Trump becomes president. He prints a wheelbarrow full of million dollar bills to pay off the US debt.  The mighty dollar now worthless, XRP becomes the currency of choice. 
    1 year, 9 months, 7 days and 1 hour from exactly. ...... now!
  14. Like
    StarOrbiter reacted to Global in How long to millionaire status with 100k XRP?   
    I don't think it will happen in our lifetime. You would have to buy (or make) some more XRPs, to meet your goal. I just don't see how 1 XRP could ever be worth 10$. There will be a lot more companies providing similar services and will be sharing the market with RCL.   Also as a bridge currency, not all the FIs and banks in the world will be partnering with Ripple, right? Well, if that was the case, you probably would have a chance...
     
  15. Like
    StarOrbiter reacted to karlos in How long to millionaire status with 100k XRP?   
    I agree with Global..nothing is impossible but I just don't see that happening
    See this thread for our endless speculation/ramblings on the price of XRP
  16. Like
    StarOrbiter reacted to xtrapower in New Member Would Like To Activate Gatehub Wallet   
    Welcome to XRPchat Brian!

    I got u started, have fun with Ripple

    Cheers
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