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From your perspective, what's the real potential price can XRP have?

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This post is for everyone to be able to express their thoughts about real potential price of XRP. The only driver I want you to have is to say a REAL ACHIEVABLE price, taking into account actual demand, potential demand, total amount of coins, global money, competitors, etc.

I know it's not that easy, but let's guess :)

P.S. Please, if you are going to say 589 with no real mathematical support, just don't say anything :P Real achievable prices!!!!

 

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You might find the following paper helpful. It was written by Susan Athey (Board of directors at Ripple)  and Robert Mitchnick (I'm assuming one of her grad students). 

https://s3-us-west-1.amazonaws.com/fundamental-valuation-framework-for-cryptoassets/A+Fundamental+Valuation+Framework+for+Cryptoassets_June+2018.pdf

 

 

 

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I have a hard time with a “real potential” price considering the fact that an absolutely useless piece of **** like bitcoin managed to reach $20k, let alone $1. XRP could reach $1 trillion dollars per XRP with the logic that brought that piece of **** bitcoin to $20k

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1 hour ago, RipDip said:

You might find the following paper helpful. It was written by Susan Athey (Board of directors at Ripple)  and Robert Mitchnick (I'm assuming one of her grad students). 

https://s3-us-west-1.amazonaws.com/fundamental-valuation-framework-for-cryptoassets/A+Fundamental+Valuation+Framework+for+Cryptoassets_June+2018.pdf

 

WOW!  Thanks for this thought-provoking reference, @RipDip!!   This is an interesting application of what seems to be a complex financial model, well beyond my level of expertise.  I would love to hear the thoughts of our forum's experts in finance.  From my (rudimentary) understanding, it sounds like the authors are indicating that their model provides one estimate of a possible range of fundamental values of two crypto assets, BTC and XRP (which may seem to many to be modest)...but they are adding that factors like speculative demand (thus limiting supply) could inflate shorter-term value (possibly for years) and allow for "abnormal returns...before storage demand value reaches its long tern trajectory."   From my reading of this paper, I thought this conclusion was most relevant to those of us who have interest in following XPR's value over the next X months and years:

"..those who believe that blockchain technology and cryptoassets are destined to become a powerful force for innovation in the new global economy may yet find that there remain opportunities to generate outsized returns by correctly predicting the long-term winners within this asset class."

I really hope that some others in this forum read this paper and share their reactions to it! 

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I never share my own thinkings about an actual future price delivered by utility once it has widely kicked in, solely because I have hard times believing in the number myself.

Deep inside me I really believe it can raise following a linear curve. Seeing all the different possibilities this asset can fit in (settlements, forex, tokenization...), I can not even think of an actual price once it has spread this much.

The 3.8$ it reached in 2017 is only a mere fraction of what I have in mind.

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Posted (edited)

Depends on true USAGE right now there isn't any worth talking about. If that comes (true usage) a much much higher price awaits us and if it does not? If it is just PR's, forward looking statements, and rosy outlooks then nothing will happen.

Where are those banks BG?

Edited by 010101

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16 hours ago, BiffTannen said:

I have a hard time with a “real potential” price considering the fact that an absolutely useless piece of **** like bitcoin managed to reach $20k, let alone $1. XRP could reach $1 trillion dollars per XRP with the logic that brought that piece of **** bitcoin to $20k

 

That fact the BTC went on a massive bullrun is why XRP broke out of its $.005 slumber and kept pumping to $3.00.  Without the Bitcoin mania, XRP might still be at $.005.  BTC created the whole illicit DarkNet market space where hundreds of millions have been seized over the years in busts.  So it is being used.  Not to mention countries like China which banned Bitcoin and crypto in general because it was being used bypass capital controls and move money out of the country.  Also if you have been around a bit, Bitcoin was used to keep US escort Backpage.com running after Visa and MC refused to process its payment and court documents showed they collected hundreds of millions in BTC over a years time.  

You might feel like it's useless but Bitcoin has been heavily used especially when it comes to bypassing control and censorship.  Now, XRP has been riding Bitcoin's coattails and hopefully there is a use case and that xRapid is actually used one day and not just for pilots or a few transactions here or there.  So until there is some substantiated use and volume of XRP over the years, it's absurd to call Bitcoin useless.   

 

 

 

 

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sadly we all would like to know what the potential is, and when it would arrive. but nobody does. 
Nobody in 1998 thought that Amazon.com, then valued at $4ish, would grow to $2000 some day. 

I do feel like if Crypto adoption truly takes off the way many people speculate it could, then the prices of $5, 10, $20 seems pretty low. 
It's hard to say where XRP will truly get used though. Who will stockpile it, who will use it daily. Where the rails are laid, etc. 

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well to be honest i think there are endless use cases for xrp, cause IoV to mee means just that.

i am sure that it will be possible for a farmer in Australia to transfer the value of 300 kg of pork to Brazil and exchange it for football tickets  in the exact same value  in less then 4 sec given that there is agreement between two parties about the xrp being the bridge asset. Having that in mind i think xrp can reach obscene prices but i am sure it will take  a little more time then i expect for it to happen cause of the tectonic shifts it would have on worlds economy by eliminating  the need for any other real currencies.

In more current context i think 3 to 4 digits is not that far away ( 5+ years) and really realistic especially if you consider that coins without use cases have reached those numbers already.

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19 hours ago, Oldschool said:

well to be honest i think there are endless use cases for xrp, cause IoV to mee means just that.

i am sure that it will be possible for a farmer in Australia to transfer the value of 300 kg of pork to Brazil and exchange it for football tickets  in the exact same value  in less then 4 sec given that there is agreement between two parties about the xrp being the bridge asset. Having that in mind i think xrp can reach obscene prices but i am sure it will take  a little more time then i expect for it to happen cause of the tectonic shifts it would have on worlds economy by eliminating  the need for any other real currencies.

In more current context i think 3 to 4 digits is not that far away ( 5+ years) and really realistic especially if you consider that coins without use cases have reached those numbers already.

3-4 digits... Damn I wish I could see $50 in 10+ years. 

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On 3/7/2019 at 2:39 PM, RipDip said:

You might find the following paper helpful. It was written by Susan Athey (Board of directors at Ripple)  and Robert Mitchnick (I'm assuming one of her grad students). 

https://s3-us-west-1.amazonaws.com/fundamental-valuation-framework-for-cryptoassets/A+Fundamental+Valuation+Framework+for+Cryptoassets_June+2018.pdf

 

 

 

This isn’t an estimate of XRP value, it’s a net-present-valuation. It shows what the authors think XRP’s value should be TODAY, based on market potential. They’re saying it should be worth about 2-3x where it’s trading.

My own view is that, if successful, we could see $1,000 based on cross-border payments activity alone (market makers holding most of that). Corporate buy ups could be another $500. New markets for money usage and small-value payment could add another $1,000 onto that. Speculation and wealth storage (to avoid inflation) would account for another $1,000. International RTGS could be $500 more (making use of existing market makers). If countries begin to stockpile or back with gold or other commodities, another $2,500.

So... $6,500 or so with ginormous success. Or $0 with failure.

 

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32 minutes ago, ADingoAteMyXRP said:

 

So... $6,500 or so with ginormous success. Or $0 with failure.

 

I think this is the highest valuation of XRP I've read untill today. I will help you hope! ;)

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