jargoman Posted August 12, 2019 Share Posted August 12, 2019 https://dailyxrpnews.com/1-billion-xrapid-volume-end-of-2020-brad-garlinghouse-making-major-xrapid-xrp-statements-today-2 News is a few days old now. I think a lot of people are disappointed and expecting 1 billion in volume to occur any day and 10 billion plus by 2020. Feels like a snails pace. If you put things into perspective this is phenomenal news. lets say by 2020 there are 50 billion XRP in circulation. The melons lost a billion. So lets assume maybe 2% of that 50 billion are lost forever. leaves 48 billion. Lets also split the supply into 3 categories. cold storage and hodlers. 33.33% institutional holders 33.33% market makers and day traders. 33.33% Lets say at most 16 billion XRP are used to facilitate payments each day. What will those 16 billion XRP be worth? They will be worth their time value. one billion in volume is 365 billion in volume a year. If market makers are scalping 1% of each payment then there is 3.5 billion to be made a year. So what is 3.5 billion a year worth? If someone pays 35 billion for those 16 billion XRP, they could earn 10% a year. 35 billion dollars / 16 billion XRP = $2.1875 per XRP by the end of 2020. MINIMUM !!! If the volume is expected to grow exponentially then XRP would be trading a few times it's fair price. The $10 predictions by the end of 2020 are reasonable. opaopa, dr_ed and Scout 1 1 1 Link to comment Share on other sites More sharing options...
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