solodeji Posted November 26, 2019 Share Posted November 26, 2019 https://newslogical.com/indicator-xrp-fair-value-close-to-1/ Despite the decline in the crypto market, things may not be as bad as they seem, especially for XRP token. According to Link to comment Share on other sites More sharing options...
Scout Posted November 26, 2019 Share Posted November 26, 2019 Can you imagine what mass adoption will bring to XRP now that we have more Corridors open and the price is .21 cents. I'm guessing .08 cents! Hang toit! Link to comment Share on other sites More sharing options...
Gepster Posted November 27, 2019 Share Posted November 27, 2019 They base ''fair value'' on this: ''we have decided to use a 2 weeks exponential moving average of transactions in our calculations.'' As you probably know, someone has been spamming the ledger by sending a shitload of BTC IOU's back and forth. If this calculation of ''fair value'' had any merit, it is way off because they include every type of transaction that is happening on the XRPL. XRPboi, Scout and OzAlphaWolf 3 Link to comment Share on other sites More sharing options...
XRPboi Posted November 27, 2019 Share Posted November 27, 2019 6 hours ago, Gepster said: They base ''fair value'' on this: ''we have decided to use a 2 weeks exponential moving average of transactions in our calculations.'' As you probably know, someone has been spamming the ledger by sending a shitload of BTC IOU's back and forth. If this calculation of ''fair value'' had any merit, it is way off because they include every type of transaction that is happening on the XRPL. The optimistic side of me wonders if someone is testing the payments volume to see how it affects the 'Fair Value'... Cesar1810 1 Link to comment Share on other sites More sharing options...
Archbob Posted November 27, 2019 Share Posted November 27, 2019 The fair value is the price is listed at on the market. You can come up with imaginary numbers all you want, it doesn't matter. Let me know when you get a "fair value" wallet or find a "fair value" exchange. Link to comment Share on other sites More sharing options...
Scout Posted December 19, 2019 Share Posted December 19, 2019 (edited) The problem with fair value for XRP is that everyone can use XRP but no one really needs to hold it for any length of time. You buy to sell it, to bridge to your currency of exchange. MoneyGram is a perfect example of this. XRP was designed for high volume, quick exchanges of value catering to Exchanges and Banks not speculators and investors. As things unfold you can see the truth reveal itself. The only way I can see XRP's value increasing is if the demand out weights the supply per month and the Ripple net caves under pressure then value would increase as things would get buffered and gradually slow down. We've all seen what happens to Exchanges when volume ramps up. Exchanges crash, services go down and things stop working. All software has its limits, it will be interesting to see what the limits are for RippleNet once things start flying. Edited December 19, 2019 by Scout Link to comment Share on other sites More sharing options...
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