JBW Posted February 24, 2019 Share Posted February 24, 2019 (edited) I don't know why the title is named like this. This is a good article and it is not only about price prediction. https://smartereum.com/3345/ripple-price-predictions-2019-xrp-can-ripple-end-the-year-around-10-ripple-news-today-sun-feb-24/ Edited February 24, 2019 by Global fixed the link KaaKaaRmA, sophievu, Shuz and 1 other 2 1 1 Link to comment Share on other sites More sharing options...
3GO3D Posted February 24, 2019 Share Posted February 24, 2019 They publish the bulk of this Article on a regular basis only updating to the present prices... Outcome is always the same ; Buy some XRP while it's cheap . WuWei, AlbertStroller and Cesar1810 2 1 Link to comment Share on other sites More sharing options...
XRPJoe Posted February 25, 2019 Share Posted February 25, 2019 My t and A shows over $10 just my opinion. It could take longer depending on this market. KaaKaaRmA 1 Link to comment Share on other sites More sharing options...
AlbertStroller Posted February 25, 2019 Share Posted February 25, 2019 I stopped reading when they listed express.co.uk as one of the cryptocurrency experts. Stupid article. Shuz 1 Link to comment Share on other sites More sharing options...
Truckdriver Posted February 26, 2019 Share Posted February 26, 2019 $10 dollars ? Ok sure, I'm in , is this the back of the queue ? KaaKaaRmA, VanGogh and Trickery 1 2 Link to comment Share on other sites More sharing options...
borntohypetothemoon Posted February 27, 2019 Share Posted February 27, 2019 $10??? current price is $0,319032... It IS impossible guys, let's be realistic a bit Link to comment Share on other sites More sharing options...
xrpzilla Posted February 27, 2019 Share Posted February 27, 2019 16 minutes ago, borntohypetothemoon said: $10??? current price is $0,319032... It IS impossible guys, let's be realistic a bit It's very important to understand the concept below. It'll take 3-5 minutes to read & comprehend, and it will have an indelible impact on your perspective: Most coins are locked up, I'd go so far as to say 95% of XRP are out of the market's reach, and therefore do not contribute to supply in the context of determining value. That leaves 5%, which is less than 5 billion XRP, and it's only THIS small pile of coins, that everyone needing to procure XRP, will be fighting over. The "Demand" part of supply and demand, is an aggregate of many forces, but those forces all sum together at the point of purchase on an exchange. When demand is greater than supply, the price goes up; and vice versa. Demand for XRP will come from one thing, increasing usage. If I want to send my mother $150,000 worth of XRP, I will create demand. The more people buying their mother's shoe-shops, the more demand gets created. You might say, well as soon as mom sells the XRP I sent her, we have a net zero situation and the price wouldn't change. Yes, you are correct, but if during my purchase, transmission, and mom's sale, someone else needs to buy some liquid XRP, there'll be less supply of them available, and the price will be higher. Extend this scenario to where hundreds of thousands of transactions are happening per hour, and you should see that a lot of liquid XRP has been converted to in-flight XRP, drying up the supply, and rapidly driving up the price because of scarcity. In other words, the "volume" of XRP "utilization" trades (where XRP actually LEAVES one exchange for another for the purpose of value transfer, not speculative trading), will be what determines the basis for "real" demand, and it won't pay any attention whatsoever to said Market Cap. Demand is demand, and it will be satisfied at any cost. Higher volume, higher demand, higher price. Credits: Galgitron.net Blog, Fudbingo.com aavkk, cryptoxrp, BroHamBone and 1 other 3 1 Link to comment Share on other sites More sharing options...
Caracappa Posted February 27, 2019 Share Posted February 27, 2019 10 minutes ago, xrpzilla said: It's very important to understand the concept below. It'll take 3-5 minutes to read & comprehend, and it will have an indelible impact on your perspective: Most coins are locked up, I'd go so far as to say 95% of XRP are out of the market's reach, and therefore do not contribute to supply in the context of determining value. That leaves 5%, which is less than 5 billion XRP, and it's only THIS small pile of coins, that everyone needing to procure XRP, will be fighting over. The "Demand" part of supply and demand, is an aggregate of many forces, but those forces all sum together at the point of purchase on an exchange. When demand is greater than supply, the price goes up; and vice versa. Demand for XRP will come from one thing, increasing usage. If I want to send my mother $150,000 worth of XRP, I will create demand. The more people buying their mother's shoe-shops, the more demand gets created. You might say, well as soon as mom sells the XRP I sent her, we have a net zero situation and the price wouldn't change. Yes, you are correct, but if during my purchase, transmission, and mom's sale, someone else needs to buy some liquid XRP, there'll be less supply of them available, and the price will be higher. Extend this scenario to where hundreds of thousands of transactions are happening per hour, and you should see that a lot of liquid XRP has been converted to in-flight XRP, drying up the supply, and rapidly driving up the price because of scarcity. In other words, the "volume" of XRP "utilization" trades (where XRP actually LEAVES one exchange for another for the purpose of value transfer, not speculative trading), will be what determines the basis for "real" demand, and it won't pay any attention whatsoever to said Market Cap. Demand is demand, and it will be satisfied at any cost. Higher volume, higher demand, higher price. Credits: Galgitron.net Blog, Fudbingo.com Perhaps currently 95% of XRP are out of 'the market'. Once the price goes up that percentage goes down because people want to sell at some point. I however do believe 10 dollars is possible in the next run, as 3,5 was pure on speculation. But the market is going to need time to gain momentum again. cryptoxrp 1 Link to comment Share on other sites More sharing options...
sophievu Posted March 7, 2019 Share Posted March 7, 2019 Ripples xrp this year cant reach 10 bucks my thoughts Link to comment Share on other sites More sharing options...
XtraRarePeople Posted March 8, 2019 Share Posted March 8, 2019 On 2/27/2019 at 9:54 AM, Caracappa said: Perhaps currently 95% of XRP are out of 'the market'. Once the price goes up that percentage goes down because people want to sell at some point. I however do believe 10 dollars is possible in the next run, as 3,5 was pure on speculation. But the market is going to need time to gain momentum again. Another important thing to consider is that as price goes up due to demand, less XRP will be needed to transfer value. To transfer $100 today, you'd need about 322 XRPs to do it. At a $10 XRP, you'd only require 10 XRPs. Putting it another way, you'll need about 97% less XRPs at $10 than at 31c. Scout and SilverSailor 2 Link to comment Share on other sites More sharing options...
Scout Posted March 10, 2019 Share Posted March 10, 2019 (edited) On 3/8/2019 at 3:55 AM, XtraRarePeople said: Another important thing to consider is that as price goes up due to demand, less XRP will be needed to transfer value. To transfer $100 today, you'd need about 322 XRPs to do it. At a $10 XRP, you'd only require 10 XRPs. Putting it another way, you'll need about 97% less XRPs at $10 than at 31c. Makes sense, the more volume the higher the price, the higher the price the less XRP volume is needed, lowering the price. Which is why we are at .30 cents. Bring on mass adoption so we can sit at .002 cents =P Edited March 10, 2019 by Scout Link to comment Share on other sites More sharing options...
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