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Will Ripple XRP reach $1000


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On 2/22/2019 at 3:12 AM, Archbob said:

Its quite simple actually. You have to buy up the order book to reach each price. If you want to reach $3, you just have to buy up all the XRP at $2.99. To get to $1000, you have to buy all the XRP up to $999.99 . Each XRP you buy at $999 will cost 333 times as much than at $2.99.

OK yeah I get u

With the influx of funds coming in soon, $1000 will be surpassed in few years ....IMHO

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2019 - 0.3$ 2020 - 0.3$ 2021 - 0.3$ 2050 - 0.3$ 2500 - 0.3$ 5000 - 0.3$ 10000 - 0.3$ We will never see these prices again Kappa

Anything below 1,000,000% increase will be a huge disappointment. 

sorry, I got the word "rich" confused with "drunk"!

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On 2/22/2019 at 12:12 PM, Archbob said:

Its quite simple actually. You have to buy up the order book to reach each price. If you want to reach $3, you just have to buy up all the XRP at $2.99. To get to $1000, you have to buy all the XRP up to $999.99 . Each XRP you buy at $999 will cost 333 times as much than at $2.99.

Actually that isn’t how it works.  Those bids and offers in the orderbook are not set in stone.  

You don’t have to walk up the order book to raise the price.  You just need sentiment to change, and suddenly the offers are rescinded and set higher, and similarly the bids.  

The price can move in either direction with very little funds changing hands if the market hears price affecting news.  

So at one end of a spectrum you have the mechanistic ‘walk the orderbook’ and at the other end you have the flighty pidgeons resetting the price at every nuance of news.  

The reality is somewhere between.

The amount of funds in, and the amount of price rise,  is not always directly correlated.  It can be if the process is orderly and smooth.  Or it can also not be if the action is fast and furious.

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On 2/21/2019 at 7:12 PM, Archbob said:

Its quite simple actually. You have to buy up the order book to reach each price. If you want to reach $3, you just have to buy up all the XRP at $2.99. To get to $1000, you have to buy all the XRP up to $999.99 . Each XRP you buy at $999 will cost 333 times as much than at $2.99.

That sounds almost as simple as the following:

The only thing that really needs to be done for this SOB to moon higher than anybody could possibly imagine is a mere 1/20 of the world's population needs to buy 250 XRP....

That would deplete the entire amount of XRP... even the escrowed puppies.... yes... all 100 billion gone in the blink of an eye...

Kapow!.... I mean Kitao!

...... so tell your friends.... to tell their friends..... to tell everybody they know!!!

Edited by EcneitapLatnem
the world is posessive
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5 minutes ago, EcneitapLatnem said:

That sounds almost as simple as the following:

The only thing that really needs to be done for this SOB to moon higher than anybody could possibly imagine is a mere 1/20 of the world's population needs to buy 250 XRP....

That would deplete the entire amount of XRP... even the escrowed puppies.... yes... all 100 billion gone in the blink of an eye...

Kapow!.... I mean Kitao!

...... so tell your friends.... to tell their friends..... to tell everybody they know!!!

...................Or else the 20 million SBIVC customers buy 5000xrp each

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1 minute ago, bloodhound said:

Once Scooter Braun has his clients Ariana Grande and Justin Bieber tweeting their hundreds of millions of followers about XRP (which I believe will happen when the time is right) we'll see what this puppy can really do.

About as much as having Kobe Bryant being their spokesperson did for TRON at their conference.

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2 hours ago, Archbob said:

Assuming they were convinced that you couldn't get XRP anywhere else in Japan besides SBI's VCtrade.

Coinbase has 12 million customers, if they only bought 9000 XRP each....

Hell, let's just shoot for 6 million buying 4500 each.... that should actually do the trick...

Edited by EcneitapLatnem
...there is not enough XRP for the retail investor.....
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On 2/28/2019 at 3:26 AM, Jaynespark01 said:

With the influx of funds coming in soon, $1000 will be surpassed in few years ....IMHO

such expert, wow analysis

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If XRP can average $3 in 5 years that is a great return and my exit strategy. Need to be realistic people. $3.00 / XRP would be the moonshot and it will take time to get there. HODL!

Something to keep in mind, Banks are a business. They won't buy into a tech that will make everyone rich around them. That is a pipe dream. Banks are in it for themselves, not for the customer. The incentives for Banks to use XRP is quite small when modern tech like Xcurrent can settle just as fast in FIAT using existing channels.

Edited by Scout
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