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Nothing serious here.. but seeing as how 589 seems to be a popular number associated with XRP, Here's a challenge to tax the imagination of XRP community members... Challenge: How many ways are there to arrive at a $589 price for XRP ?. ..and here's my recipe... Take the numerical position of each letter in XRP. Add the first three digits in reverse order with the last three digits also in reverse order. x = 24 r = 18 p = 16 428 161 --------- 589 =====
New member, forgive me if the post format isn't perfect. Came here from DAI on youtube. I'm invested in XRP like most, if not all of you. In my research, I've come to the conclusion that XRP is going to the metaphorical 'moon' that everyone talks about. Here's why: Ripple has created a currency that destroys .00001 of itself (10 drops) with every transaction. (https://developers.ripple.com/transaction-cost.html) I don't remember which Ripple exec talked about it (not BG or Schwartz), but the potential transaction per second of Ripple is quite large, upwards of 500 billion - 1 trillion per second. I think that's a bit much, so I factored it to 1 billion/second. Don't remember which article it was, but I'm trying to find it. When you do the math, that's a minimum of 864 million ripple being burned every day, conservatively. Multiply that by 500 and its just shy of 500 billion xrp per day. Factor in Apple's integration with XRP, Amazon's likely partnership, 5-25% of SWIFT integration within three years, retail adoption on a global scale, and finally, FOMO. When emotional wall street investors start getting phone calls from their clients, the average uneducated investor will be priced out. Too late. With the Cobalt update and the Transcendence upgrade to the ledger, Ripple's transaction speed appears to be headed toward 1 sec. That speed is phenomenal. I don't think it'll be at the end of this year when we see it. Analysts have said that the global markets look safe through the middle of 2019, and SEC regulators appear behind the ball when it comes to getting things in place. Thanks to Malta and other crypto havens, they have no choice but to act. Institutional investors are on board, but within three years, probably after the 2020 election, is when I see XRP taking off. Now that I think of it, it might have been Stefan Thomas on twitter (Coil founder) who mentioned the transaction speed/second. I may be wayyyyyy off on that Tx/sec, but with Ripple's scalability, anything seems possible. They've created a perpetual demand-creation machine that is aimed squarely at global domination. Their aim seems true. $10,000 XRP. Thanks for reading.