Possible price of XRP - 2 Distinct Camps. Which side are you on?

[Chewiecoin 14,260]

It's becoming obvious to me that there are two distinct camps of people in here regarding the question of what price XRP could reach?

The first seems to think XRP will be stuck at $10 to $20. In their mind our Market Cap will be too big, Chris and Brad will be too wealthy, there's too many coins,  mass FI adoption probably won't happen.  I don't believe they are trying to cause FUD. 

Then the second camp, where I proudly park the Falcon, believe that $100 price is a bare minimum. They believe $1,000+ is possible. This camp believes in the use cases. They understand the incredible size of cross border payment market Ripple is trying to revolutionize. They believe that 100Bn coins won't be enough one day. They know Market Cap is just an arbitrary number used as a ranking system and there is no limit to it. They believe that the run up to $3.30 (Bitstamp) and the 36,000% gains of last year is only just the beginning. 

I am a believer!

Edited January 20, 2018 by Chewiecoin

[iStay 61]

I wish the first group is correct in the short term 6 months to a year and the second group over the next 3-5 years.. then we will all be winners 

[Skunkape 225]

Generally I think $100 is the limit. This would require some significant partnerships and use, which I view as a likely event. For your assessment I’d be in the $10-$20 camp.

Regarding the other, $1000+ is, well, insane. Dont get me wrong, Id love for it to happen (although Id be out well before), but we’re talking about market domination (even a monopoly) and Amazon-style entry into many other services. That’s a decade or more of time that Im not interested in watching; conversely to above I also view it as much less likely.

 

Edited January 20, 2018 by Skunkape

[zerp300 3]

I just thought that when we reach $100, $1000 at least will be very likely. I will keep HOLDing until then. 

[Guest]

$100 +.   2020

$1,000. 2025

[Chewiecoin 14,260]

6 minutes ago, Skunkape said:

Generally I think $100 is the limit. This would require some significant partnerships and use, which I view as a likely event. For your assessment I’d be in the $10-$20 camp.

Regarding the other, $1000+ is, well, insane. Dont get me wrong, Id love for it to happen (although Id be out well before), but we’re talking about market domination (even a monopoly) and Amazon-style entry into many other services. That’s a decade or more of time that Im not interested in watching; conversely to above I also view it as much less likely.

 

Thanks for your comments. I was hoping to get a few thoughts from both sides. 

Is an "Amazon style entry into many markets" not possible though?  I think you think it is but many decades off. 

My belief is that we honestly don't know at this point in time how big Ripple could get and the number of use cases it could solve. XRP is the beneficiary of this. 

Could anyone have imagined how big Microsoft, Google, Facebook, Amazon et al would be in their first few years of operation. 

I think it will be fun to watch. 

[BigAggie 57]

My price prediction varies according to when Tether is exposed to the masses.  The more I look into it the more I believe it is being used to artificially inflate prices (significantly).  I believe there will be a massive crash in all of the CC that will take much longer to recover from - with XRP recovering the quickest...but hopefully I'm wrong and $10 December 2018 and $90 December 2019!

 

[Krypto 2,180]

7 minutes ago, Skunkape said:

 

Regarding the other camp, $1000+ is, well, insane. Dont get me wrong, Id love for it to happen (although Id be out well before), but we’re talking about market domination (even a monopoly) and Amazon-style entry into many other services.

 

Exactly - and that’s the reason why I’m in the $100-$1000+ camp

Such is the strength of the ripple organization, it gives XRP meaning and purpose, and it makes every other crypto look lost (bar a few with real world application)

[Chewiecoin 14,260]

2 minutes ago, Coretex said:

For me, it is about probabilities.

I believe that XRP can be worth 100+ USD in the future or even more. However,  it would require a massive adoption of xRapid eventually supported by other use cases in the future. The probability of this happening is much lower than XRP reaching 10-20 USD due to limited adoption and related effect of speculation.

While this puts me in the second camp , I will be among those selling their positions at 10-20 USD. It has always been my moon. I think I will cash out when I have enough to retire rather than risking it all, so that I could become really wealthy one day. It has never been my objective. 

I think your point is slightly different. You would sell at $10 to $20 as that gives you the returns you want but you believe the price can grow much further. 

I think many people in here will agree with you and will have that same plan. 

[7strings 1,113]

1 minute ago, Chewiecoin said:

Could anyone have imagined how big Microsoft, Google, Facebook, Amazon et al would be in their first few years of operation. 

I think it will be fun to watch. 

While I hope you're right, the problem with this argument is that there were 100s of such companies which were indifferentiable from lets say Amazon back in the day - Ripple could be the next Amazon or one of the other companies nobody remembers. Let's hope it will be Amazon 2.

[Chewiecoin 14,260]

10 minutes ago, DjemDiamond said:

$100 +.   2020

$1,000. 2025

I thought you were a $500 to $600 max man Djem?

[Guest]

I'm with both camps. It depends when you want to cash out most of your investment. I remember a few old timers who said we would never hit three dollars anytime soon. A dollar in a few years..."let's first get to 50 cents" they said.

It's a matter of time. In 10 years from now we could be blown away by its price, same goes for next year. It's also a matter of what your personal financial goals are.

[Guest]

I think $100 this year. Maybe more. I think behind the scenes so much is going on that we will be left in shock and awe. We get little tidbits now and then, but nothing we can completely confirm. Someday Ripple will drop all the info and the price will skyrocket.

[Coretex 1,433]

4 minutes ago, Chewiecoin said:

I think your point is slightly different. You would sell at $10 to $20 as that gives you the returns you want but you believe the price can grow much further. 

I think many people in here will agree with you and will have that same plan. 

But I do believe, I really do. 

[Mikeltxo 17]

Hi, I'm Mikel from the Basque country. I've been reading you for months but this is my first post. I find it difficult to place myself between the two options, but the illusion is the last thing that is lost. I started at 0.13 and followed at 0.24, so I'm going long. HODL FRIENDS !!