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Ripple Insights | Q3 2018 XRP Markets Report

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7 hours ago, Jugular said:

needs to sell

No, wants to sell. And since we don't know their P/E ratio or have access to their balance sheet, isn't this a redundant point? It's like saying Amazon needs to sell 1,000,000 books a month to keep the lights on. That fact alone isn't terribly helpful for an investor like me.

@Jugular Do you have any other analysis that could help people like me think through this in a prudent fashion?

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2 hours ago, Pablo said:

No, wants to sell. And since we don't know their P/E ratio or have access to their balance sheet, isn't this a redundant point? It's like saying Amazon needs to sell 1,000,000 books a month to keep the lights on. That fact alone isn't terribly helpful for an investor like me.

@Jugular Do you have any other analysis that could help people like me think through this in a prudent fashion?

Let me answer that for him/her:

Quote: "Still amazed how such a relatively small startup in an emerging market needs to sell $1M per day of their own assets to stay afloat given their software & consulting premiums already."  :rofl:   :biggrin:   :spinlol:

 

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