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Prediction of XRP price in 2024 based on "Blockchain in Payments 2018" report by Ripple

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Careful.

You're taking annual totals for all payments and then using the total circulating supply of XRP to arrive at your price.  But what you're saying, in effect, is that each XRP can only be used once each year to facilitate a transaction, and obviously that's not the case.

I want you to be right as much as anybody, but this is a huge calculation error.

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3 hours ago, cryptoxrp said:

There is a different calculation....you may choose.... (start video at 7:30 min)

So additional usecases AND worldwide adoption for enterprise, retail and micropayments is needed!

This is such a soul crushing video hahaha

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1 hour ago, Plato said:

This is such a soul crushing video hahaha

 

5 hours ago, cryptoxrp said:

There is a different calculation....you may choose.... (start video at 7:30 min)

So additional usecases AND worldwide adoption for enterprise, retail and micropayments is needed!

Reminds me of that video of a guy riding around in his car explaining how xrp was a sh1tcoin and how he sold all of his xrp that very morning.  Unfortunately, this was recorded and uploaded in December 2017, and xrp *literally mooned* that very same afternoon.  That guy ended up taking down the video because of too much ridicule.

This guy right here looks like a strong contender for our annual "Greg 2.0" list.

...and yes, his analysis is both rudimentary and incomplete.  Search the forums here and you will find much better (thorough and well thought-through) xrp price modeling spreadsheets put together by people who actually know their sh!t.

 

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By 2024 we might have super tight regulation or a new breed to updated crypto which renders XRP and all of todays crypto useless and worthless...

Maybe by 2024 the EURO might be the worlds primary currency because OPEC and other oil producers stop using $US DOLLARS

Who knows what the future holds... trying to predict or calculate or estimate the outcome that far down the line is pointless.

Edited by HazzaHat

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5 hours ago, HazzaHat said:

By 2024 we might have super tight regulation or a new breed to updated crypto which renders XRP and all of todays crypto useless and worthless...

Maybe by 2024 the EURO might be the worlds primary currency because OPEC and other oil producers stop using $US DOLLARS

Who knows what the future holds... trying to predict or calculate or estimate the outcome that far down the line is pointless.

Exactly, nobody knows. This market is crazy. XRP could go to 589 it could go to 0.1, we are all just guessing.

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