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GoodTimesRoll

It’s about the Valuation, stupid!!!

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Every YouTuber promoting XRP is all hot and bothered that XRP isn’t pumping like other alts.

So let’s examine reality.

XRP has 100 Billion units outstanding ( circulating + escrowed note: just because units r not circulating does not mean they do not count)

This metric alone puts XRP at a valuation of 36 Billion. This actually ranks XRP #2. 

Every time XRP moves 1 cent, the market cap rises ( or falls ) by 1 BILLION Dollars. 

There is no other altcoin with this type of volatility, or even close to this valuation.

Is this valuation justified based on the fundamentals today? Or is it 99% speculation considered how far XRP valuation has crawled up since 2013. 

There r no defined valuation metrics in this space. This makes it a kind of wild Wild West. Which is sad really for those of us who want to see adoption take hold and be viewed as a serious asset class.

Lets look at other financials to compare ( best we can do)

GS - 74 Billion

JPM - 341 Billion

BAC - 279 Billion

You get the idea.

This is why, for me, comparatively, I see the current market cap as quite high. Complicated by the fact that adoption is not a lock, no defined regulation status, and just based on a potential utility factor? And whoever decided to redefine market cap for this space alone needs to rethink this foolish stance. Until we get these types of things sorted out, this space will be a side show and casino. (don’t get me wrong, I have purchased XRP, just don’t like the price)

I struggle with understanding how a vehicle such as XRP will never generate revenue and still have such high valuation. To date I have not seen a worthy explanation. What model is this that does not make money but is so highly valued? Who decides what the valuation models are in this space? How would we even know what’s expensive?

I want to tell the YouTubers and pumpers to Just Stop it and Shut Up. Stop thinking/saying .36 is “cheap”.  You r scamming new comers.

$1.00. $10.00 $125.00?.. oh please don’t be stupid. Even at a buck the valuation is 100 Billion, exceeding most companies listed on the NYSE. Be responsible.

There needs to be a reality check in this space. Based on the progress alone with most of the other top projects, we r not ready for a new bull market. I believe this consolidation/basing period will extend far longer than anyone thinks, with a real possibility of another visit to the low 3000s again for BTC. It’s just the nature of markets.

What do u think about XRPs true valuation? Does it bother u they don’t/will never make money? What happens to XRP when Ripple goes public?

 

 

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1 hour ago, GoodTimesRoll said:

Every YouTuber promoting XRP is all hot and bothered that XRP isn’t pumping like other alts.

So let’s examine reality.

XRP has 100 Billion units outstanding ( circulating + escrowed note: just because units r not circulating does not mean they do not count)

This metric alone puts XRP at a valuation of 36 Billion. This actually ranks XRP #2. 

Every time XRP moves 1 cent, the market cap rises ( or falls ) by 1 BILLION Dollars. 

There is no other altcoin with this type of volatility, or even close to this valuation.

Is this valuation justified based on the fundamentals today? Or is it 99% speculation considered how far XRP valuation has crawled up since 2013. 

There r no defined valuation metrics in this space. This makes it a kind of wild Wild West. Which is sad really for those of us who want to see adoption take hold and be viewed as a serious asset class.

Lets look at other financials to compare ( best we can do)

GS - 74 Billion

JPM - 341 Billion

BAC - 279 Billion

You get the idea.

This is why, for me, comparatively, I see the current market cap as quite high. Complicated by the fact that adoption is not a lock, no defined regulation status, and just based on a potential utility factor? And whoever decided to redefine market cap for this space alone needs to rethink this foolish stance. Until we get these types of things sorted out, this space will be a side show and casino. (don’t get me wrong, I have purchased XRP, just don’t like the price)

I struggle with understanding how a vehicle such as XRP will never generate revenue and still have such high valuation. To date I have not seen a worthy explanation. What model is this that does not make money but is so highly valued? Who decides what the valuation models are in this space? How would we even know what’s expensive?

I want to tell the YouTubers and pumpers to Just Stop it and Shut Up. Stop thinking/saying .36 is “cheap”.  You r scamming new comers.

$1.00. $10.00 $125.00?.. oh please don’t be stupid. Even at a buck the valuation is 100 Billion, exceeding most companies listed on the NYSE. Be responsible.

There needs to be a reality check in this space. Based on the progress alone with most of the other top projects, we r not ready for a new bull market. I believe this consolidation/basing period will extend far longer than anyone thinks, with a real possibility of another visit to the low 3000s again for BTC. It’s just the nature of markets.

What do u think about XRPs true valuation? Does it bother u they don’t/will never make money? What happens to XRP when Ripple goes public?

 

 

Another new one through the door.  Please just stop!!  Don’t like it then leave and if you bought at ATH then you should have done your research on the market cycles.  

 

To be honest we may go sideways until mid 2020 then slowly rise.    And XRP is not a stock so market cap doesn’t apply here.  Does the USD have market cap??

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1 hour ago, GoodTimesRoll said:

I struggle with understanding how a vehicle such as XRP will never generate revenue and still have such high valuation. To date I have not seen a worthy explanation. What model is this that does not make money but is so highly valued? Who decides what the valuation models are in this space? How would we even know what’s expensive?

Another one

https://blockchain.unsw.edu.au/symposium18/HTML/slides/rao.pdf

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1 hour ago, GoodTimesRoll said:

Every YouTuber promoting XRP is all hot and bothered that XRP isn’t pumping like other alts.

So let’s examine reality.

XRP has 100 Billion units outstanding ( circulating + escrowed note: just because units r not circulating does not mean they do not count)

This metric alone puts XRP at a valuation of 36 Billion. This actually ranks XRP #2. 

Every time XRP moves 1 cent, the market cap rises ( or falls ) by 1 BILLION Dollars. 

There is no other altcoin with this type of volatility, or even close to this valuation.

Is this valuation justified based on the fundamentals today? Or is it 99% speculation considered how far XRP valuation has crawled up since 2013. 

There r no defined valuation metrics in this space. This makes it a kind of wild Wild West. Which is sad really for those of us who want to see adoption take hold and be viewed as a serious asset class.

Lets look at other financials to compare ( best we can do)

GS - 74 Billion

JPM - 341 Billion

BAC - 279 Billion

You get the idea.

This is why, for me, comparatively, I see the current market cap as quite high. Complicated by the fact that adoption is not a lock, no defined regulation status, and just based on a potential utility factor? And whoever decided to redefine market cap for this space alone needs to rethink this foolish stance. Until we get these types of things sorted out, this space will be a side show and casino. (don’t get me wrong, I have purchased XRP, just don’t like the price)

I struggle with understanding how a vehicle such as XRP will never generate revenue and still have such high valuation. To date I have not seen a worthy explanation. What model is this that does not make money but is so highly valued? Who decides what the valuation models are in this space? How would we even know what’s expensive?

I want to tell the YouTubers and pumpers to Just Stop it and Shut Up. Stop thinking/saying .36 is “cheap”.  You r scamming new comers.

$1.00. $10.00 $125.00?.. oh please don’t be stupid. Even at a buck the valuation is 100 Billion, exceeding most companies listed on the NYSE. Be responsible.

There needs to be a reality check in this space. Based on the progress alone with most of the other top projects, we r not ready for a new bull market. I believe this consolidation/basing period will extend far longer than anyone thinks, with a real possibility of another visit to the low 3000s again for BTC. It’s just the nature of markets.

What do u think about XRPs true valuation? Does it bother u they don’t/will never make money? What happens to XRP when Ripple goes public?

 

 

I had to create a login to reply about how ignorant this post is. The simple answer. You DON'T value most digital assets like an equity with a market cap. Digital assets act more like currencies or commodities. Market cap is non-existent with currencies or commodities. Even the market cap of gold is just an estimated number since gold is continually being mined and/or consumed in economic activity. XRP is in no way tied to Ripple's revenues nor will it ever be. Market cap within the crypto space is only a thing because a lot of cryptos have fixed supplies which is just a metric that people apply in terms of relative comparisons to other coins. It has somewhat of a correlation to volume/liquidity. These posts are just cringe worthy.

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3 hours ago, GoodTimesRoll said:

$1.00. $10.00 $125.00?.. oh please don’t be stupid. Even at a buck the valuation is 100 Billion, exceeding most companies listed on the NYSE. Be responsible.

Stock value and coin MC have nothing to do with one another.

If XRP succeeds -- we'll have 30+T in daily volume running through it. That means potentially 100T in total market cap and a $1,000 coin. 

It won't happen soon, but it's certainly possible. We are early.

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3 hours ago, GoodTimesRoll said:

I struggle with understanding how a vehicle such as XRP will never generate revenue and still have such high valuation. To date I have not seen a worthy explanation. 

You are either being purposelessly ignorant to the plethora of utility cases propping up every month or you are just playing dumb.  Open your eyes man, the market decides the value of any asset  your opinions and feelings don't get to have a say!

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7 hours ago, GoodTimesRoll said:

$1.00. $10.00 $125.00?.. oh please don’t be stupid. Even at a buck the valuation is 100 Billion, exceeding most companies listed on the NYSE. Be responsible.

Princess, it already hit well over $3 so who is the stupid one? 🤗

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The "market cap," as in this particular instance, isn't a reflection of the value of the company, but rather of the carrying capacity of their digital assets. To repeatedly suggest otherwise is merely FUD imho. If world-wide adoption of Ripple's software suite; in particular, xRapid; continues at the current pace, it won't be long until the price of xrp will need to greatly increase in order to support the necessary liquidity.  

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