BibleChronologyXRP 286 Posted September 28, 2018 Share Posted September 28, 2018 10 minutes ago, Panopticon said: Sooner or later always one of those "Market Cap guys" appears to tell us about it. These people should really start understanding basics terms. Marketcap is a misleading idea , total circulating coin value is not a marketcap in its original term. But is used everywhere on cryptocompare websites also Chill 1 Link to post Share on other sites
Yodaxrp 1,286 Posted September 28, 2018 Share Posted September 28, 2018 Just make a preventive strike . .: If you want to compare something compare the value of a digital asset designed as a bridge currency with the value of USD M2 https://fred.stlouisfed.org/series/M2 Comparing a digital asset with a share has absolutly no meaning stdyrm, Cesar1810 and BibleChronologyXRP 2 1 Link to post Share on other sites
Guest Posted September 28, 2018 Share Posted September 28, 2018 (edited) 3 hours ago, AlibabaGrp said: Xrp needs 100s of billions of dollars being injected to go from 50 cents to 600 bucks. One perfect example why market is bullcrap: Quote I create the Chapo Network with the native token being ChapoCoin. I (as the developer of the network) decide to limit the supply to 10 ChapoCoins, all of which I will sell in an ICO at the price of $1 per token. After the ICO is completed, 10 people bought 1 token each at the price of $1/token. Token Circulating Supply = 10 Price Per Token = $1 / ChapoCoin Chapo Network Mcap = $10 Total NET Investor Capital = $10 A week after the ICO above, a savvy investor sees great potential in the Chapo Network and wants to buy 1 ChapoCoin. He offers $2 to anyone who is willing to sell him one. Since this is double what an ICO investor paid, one of the ICO investors agrees to sell his token for $2. The new price/token (going rate) has now become $2 per ChapoCoin. Token Circulating Supply = 10 Price Per Token = $2 / ChapoCoin Chapo Network Mcap = $20 Total NET Investor Capital = $11 ($10 from the ICO + $2 paid by new investor – $1 originally paid for the token that was sold) In looking at the example above, only $1 worth of new capital entered the market. However, the price per token, network value & thus the coin market cap increased by $10 (DOUBLED)! https://whalereports.com/market-cap-myth-debunked/ Edited September 28, 2018 by Guest Link to post Share on other sites
MrClamtastic 366 Posted September 28, 2018 Share Posted September 28, 2018 The point of xrapid is that they buy and sell the same quantity in the blink of an eye. Link to post Share on other sites
XrpWave 66 Posted September 28, 2018 Share Posted September 28, 2018 I don't think this is feasible at the end of this year. But you never know ❌ Chill 1 Link to post Share on other sites
Karl 364 Posted September 28, 2018 Share Posted September 28, 2018 I am in it for the long haul. Time for some G-rated ***** pics. tony71, earth and Deeznutz 1 2 Link to post Share on other sites
earth 270 Posted September 28, 2018 Share Posted September 28, 2018 I could see something mental happening if there is a trifecta of: FOMO speculation, regulations solidified, and xRapid kicking in at the same time. I think we will see meteoric growth over the next 5-10 years, yes. Paradigm 1 Link to post Share on other sites
bayarea510 1,152 Posted September 28, 2018 Share Posted September 28, 2018 If we are going to see $589 EOY I'm going to start writing my resignation letter ASAP. Inruin 1 Link to post Share on other sites
Inruin 154 Posted September 28, 2018 Share Posted September 28, 2018 I would eat a lot of chili and leave my resignation letters on the desks of my coworkers. Yep. I'm sh$t out bro. Link to post Share on other sites
Hatch 28 Posted September 28, 2018 Share Posted September 28, 2018 (edited) Who know's what immediate impact xRapid going live will have on order books, but doesn't hurt to put a small portion of your stack on Bittrex with a sell order of, I don't know, say $589. Just in case of a quick price spike before everyone piles on sell orders! Edited September 28, 2018 by Hatch Link to post Share on other sites
DividendGamer 269 Posted September 29, 2018 Share Posted September 29, 2018 It seems very unlikely that it will reach that any time soon. If you are hoping for it to do so because you are over invested into it you need to reassess your assest class diversification. I see far too many people on the various forms and message boards that I suspect are kid in, or not too far out of highschool. When you are young and inexperienced with Investments and proper diversification it can be very tempting to go all in behind a fad. This is one of the most common mistakes that people make. It is just gambling at this point, and emotional trading is the fastest way to lose your money trading. When you enter into a trade with no plan, in a situation where you are not making sound financial decisions, you are stacking the deck against you, and the market will be only too happy to cut you down at the knees. Link to post Share on other sites
Bearmark 30,049 Posted September 29, 2018 Share Posted September 29, 2018 I voted yes, just to make a self-fulfilling prophecy more likely. nicktemple and Paradigm 2 Link to post Share on other sites
bluedalmatian 19 Posted September 29, 2018 Share Posted September 29, 2018 $5.89 maybe if we're lucky Link to post Share on other sites
pumpndump 233 Posted September 29, 2018 Share Posted September 29, 2018 1 hour ago, bluedalmatian said: $5.89 maybe if we're lucky Very very very very very lucky!! It to 6.18 billion to move this from high .20's to spike at .79. $589 would take some serious "volume" lol. CindyLou 1 Link to post Share on other sites
Coco 85 Posted September 29, 2018 Share Posted September 29, 2018 16 minutes ago, pumpndump said: Very very very very very lucky!! It to 6.18 billion to move this from high .20's to spike at .79. $589 would take some serious "volume" lol. 5.42% daily gains would put xrp at $589 EOY....just sayin nicktemple and ImTheRippler 2 Link to post Share on other sites
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now