joematty06 Posted February 29, 2020 Share Posted February 29, 2020 some exchanges have had a 'glitch" where xrp prices have jumped from around current price to a crazy price level of 8300$ for a small time frame of a minute or so. now all the articles ive looked at say its a glitch but could it be possible that ripple were testing their odl if it were live for a moment? and causing it to skyrocket? or did some one goof. XRP_to_20dollars 1 Link to comment Share on other sites More sharing options...
Guest Posted February 29, 2020 Share Posted February 29, 2020 10 minutes ago, joematty06 said: or did some one goof. I think, if it is not a glitch but a real price that someone paid, that it was much more likely a goof. Link to comment Share on other sites More sharing options...
peanut56 Posted February 29, 2020 Share Posted February 29, 2020 Chance in h!@# it was not a glitch. I hope it was not it glitch, but some extremely intense live testing, that was behind the scenes and anyone who paid that price is compensated. XRP_to_20dollars 1 Link to comment Share on other sites More sharing options...
joematty06 Posted February 29, 2020 Author Share Posted February 29, 2020 was just thinking about it after reading these across multiple exchanges it had happened and different points of last year. https://www.thedigitalcrypto.com/ripple-xrp-japanese-glitch-priced-xrp-at-2000-why-it-could-be-the-true-value-xrp-must-be-stable/ and coinbase different price but testing different corridors at a different time? XRP_to_20dollars 1 Link to comment Share on other sites More sharing options...
joematty06 Posted February 29, 2020 Author Share Posted February 29, 2020 in mean all of this is, is just a big what if would be nice XRP_to_20dollars 1 Link to comment Share on other sites More sharing options...
Andy_79 Posted March 1, 2020 Share Posted March 1, 2020 8000 USD XRP would not be realistic anyway with the large amount of supply. XRP_to_20dollars, SquaryBone and cryptoxrp 2 1 Link to comment Share on other sites More sharing options...
0083041 Posted March 1, 2020 Share Posted March 1, 2020 Do these price glitches happen with other cryptos? I think that would be the question. Link to comment Share on other sites More sharing options...
Fleshmeister Posted March 1, 2020 Share Posted March 1, 2020 I see that hope isn't dead yet. Do you really think the price will ever hit $8300? Really? Sharkey 1 Link to comment Share on other sites More sharing options...
Andy_79 Posted March 1, 2020 Share Posted March 1, 2020 38 minutes ago, Fleshmeister said: I see that hope isn't dead yet. Do you really think the price will ever hit $8300? Really? Nope Fleshmeister 1 Link to comment Share on other sites More sharing options...
Paradigm Posted March 1, 2020 Share Posted March 1, 2020 54 minutes ago, Fleshmeister said: I see that hope isn't dead yet. Do you really think the price will ever hit $8300? Really? It could happen with hyperinflation. Although $8300 wouldn’t be worth nearly as much as it is today. Fleshmeister 1 Link to comment Share on other sites More sharing options...
Sharkey Posted March 1, 2020 Share Posted March 1, 2020 1 hour ago, Fleshmeister said: I see that hope isn't dead yet. Do you really think the price will ever hit $8300? Really? if it ever went that high, then we'd all be standing in line to buy a head of cabbage at $1,000,000+. Fleshmeister 1 Link to comment Share on other sites More sharing options...
peanut56 Posted March 2, 2020 Share Posted March 2, 2020 (edited) $8,300 , only if xrp somehow captures nearly the entire market. We are in the early stages of this asset class. There are approximently 40X the number of xrp than there are BTC when the divisibility of each coin is taken into account. The question that has to be asked is what drives price? Is it marketcap, daily volume, speculation, usage, or others not accounted for? So, who knows, I do not. If it was daily volume then xrp would need to trade 1.4 daily volume if compared to BTC and the relationship was linear. Market Cap= I'm not going there it is an absurd number. Speculation=IDK. Edited March 2, 2020 by peanut56 Link to comment Share on other sites More sharing options...
SquaryBone Posted March 2, 2020 Share Posted March 2, 2020 21 hours ago, Andy_79 said: 8000 USD XRP would not be realistic anyway with the large amount of supply. Don't try to make too much sense! Remember that it was 589 like 2 years ago. Link to comment Share on other sites More sharing options...
Andy_79 Posted March 2, 2020 Share Posted March 2, 2020 1 hour ago, SquaryBone said: Don't try to make too much sense! Remember that it was 589 like 2 years ago. Even 589 USD seems unrealistic to me. If we ever see 10 USD, that would be massive. Link to comment Share on other sites More sharing options...
SquaryBone Posted March 2, 2020 Share Posted March 2, 2020 48 minutes ago, Andy_79 said: Even 589 USD seems unrealistic to me. If we ever see 10 USD, that would be massive. I was convinced my sarcasm was gushing through 10 USD would be insane returns. Maybe if we are extremely lucky it could go to 100 in maybe 10 years or more. I'd be happy with anything over 10 USD. Andy_79 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now