zerptilyaderp Posted January 10, 2018 Share Posted January 10, 2018 (edited) I have seen a few arguments, and would like to discuss, that due to XRPs ability to be used every 4 seconds-10 seconds...however long it takes a tx to close (bankA to bankB? or would it be bankA to MM to bankB?) that this near instant re-availability will prevent XRP from attaining any high dollar value, because there will be so many available at any second...the supply overload due to velocity, will outweigh the transactional volume demand (within these 4-10 second windows)....and that the max value needed for XRPs float (eventually 70-80% of total supply, 70-80B XRP) will be equal to the max money needed to be moved every 4 - 10 seconds...this window may be longer in duration, i dont know...it depends on how the Market Makers are involved in this...id like some help understanding the transaction flow from XRP to USD...between banks ..ironically, this is the polar opposite of bitcoins currency-use-case problem, very low velocity possible due to POW...hence its commodity status at the moment...digital gold Theres one valuation model that correctly takes this velocity into account...TLDR is $60 plateau in 6-7 years with incredible adoption...realistic ...to be fair that is the same percentage growth to attain a 36k ETH... https://imgur.com/L7tpMf2 Edited January 10, 2018 by zerptilyaderp Messier16 1 Link to comment Share on other sites More sharing options...
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