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Pure, Uncut Hopium: The Case for a $300 XRP


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3 hours ago, Nat99 said:

So... about market cap.

Comparing 21mio BTC to 100b XRP is not like comparing M2 of USD to M2 of EUR. EUR and USD have 100 sub-units each ("cents" in both cases).

But BTC has 100mio sats per BTC and XRP has 1mio drops per XRP.

So... is 21m BTC vs. 100b XRP (and the subsequent multiplication by current price to get to market cap) really a valid comparison?

Like, we compare GDP per capita and not per country when comparing two countries' economies. We do want to account for the value of the smallest unit possible.

Then it's:

Two quadrillion one hundred trillion Bitcoin units

vs.

one hundred trillion XRP units

 

or 21 times more BTC units than XRP units in circulation.

Your maths are totally wrong. 

1 XRP =      1 000 000 Drops (6 zero)

1 BTC = 100 000 000 Satoshis (8 zero)

100 000 000 000 XRP = 100 000 000 000 *  1 000 000 = 100 000 000 000 000 000 (18 digits)

21 000 000 BTC =  21 000 000 * 100 000 000 = 2 100 000 000 000 000 (16 digits)

100 000 000 000 000 000 (18 digits (This is XRP)) / 2 100 000 000 000 000 (16 digits (This is BITC)) = 47,61904761904762

There are 47 times more of the smallest XRP units compared to the smallest BTC units.

 

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Disclaimer: the post is not intended as advice on anything. It is not even claiming to be accurate or close to the accurate. In fact the opposite. This post is more akin to a fan fiction, a fever drea

The OP was having fun. The people replying were having fun. This isn't twatter.  We can all poke fun, and have fun, with $300/$589 dreams.   Because it's all light entertainment un

To be fair, crypto would be a lot more liquid than gold with a lot more utility than being a hedge against equities/inflation and usage in electronics/jewellery. That said, my personal hopium is

Market cap is highly linked to your personnal conviction.

I, personnaly, think dollar will experiment a hyperinflation (no idea when) but in that case where is going the market cap ? Infinite ?

I put some money on crypto to cover myself against such event.

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1 hour ago, Remake_Moments said:

Your maths are totally wrong. 

1 XRP =      1 000 000 Drops (6 zero)

1 BTC = 100 000 000 Satoshis (8 zero)

100 000 000 000 XRP = 100 000 000 000 *  1 000 000 = 100 000 000 000 000 000 (18 digits)

21 000 000 BTC =  21 000 000 * 100 000 000 = 2 100 000 000 000 000 (16 digits)

100 000 000 000 000 000 (18 digits (This is XRP)) / 2 100 000 000 000 000 (16 digits (This is BITC)) = 47,61904761904762

There are 47 times more of the smallest XRP units compared to the smallest BTC units.

 

Forget $589, you've just made the case for thousand-dollar XRP.

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32 minutes ago, MoneyTree84 said:

Hey new to the chat and had seen some of you talking a 300 price target. I was curious and wanted to know if that prediction was for this year this upcoming month orrrrrr what??

Definitely not for this year and the post was fantasy/humorous in nature if I’m not mistaken. Just a post to fantasize and have fun. 

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4 hours ago, Remake_Moments said:

Your maths are totally wrong. 

1 XRP =      1 000 000 Drops (6 zero)

1 BTC = 100 000 000 Satoshis (8 zero)

100 000 000 000 XRP = 100 000 000 000 *  1 000 000 = 100 000 000 000 000 000 (18 digits)

21 000 000 BTC =  21 000 000 * 100 000 000 = 2 100 000 000 000 000 (16 digits)

100 000 000 000 000 000 (18 digits (This is XRP)) / 2 100 000 000 000 000 (16 digits (This is BITC)) = 47,61904761904762

There are 47 times more of the smallest XRP units compared to the smallest BTC units.

 

 

Do you know how to calculate a SATOSHI/DROP price for today?

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5 hours ago, MoneyTree84 said:

Hey new to the chat and had seen some of you talking a 300 price target. I was curious and wanted to know if that prediction was for this year this upcoming month orrrrrr what??

IF we were ever to get to $300, I wouldn't expect it for at least 10 years, probably much longer. 20 years? Who knows. Not this year. Not even if it is insanely bullish and Warren Buffet himself uses a wiffle bat with XRP written all over it to beat Elon Musk to a bloody pulp while screaming 'XRP the Standard!' at the top of his lungs will we see such prices this year. 

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  • 2 weeks later...

While almost all coins have moved towards ATH, XRP had a lot of trouble to reach $1. At some point, XRP finally managed to cross the 1$ mark and has been swinging back and forth between 1.70 and 1.50 since weeks now... just 50% of the last ATH.

I know, dreaming is really fun and I also like to spend all the gains I will probably receive sometimes in the future... but XRP at 300$? Come on, you're not serious, are you?

At 30$ I would already have to smile about the dreamer, but 300$....

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Posted (edited)
23 minutes ago, xSODAx said:

XRP at 300$? Come on, you're not serious, are you?

 

He's not serious.  The OP made that clear in the first post.

Still, fun to dream...  I see those guys that have a yacht that goes into their bigger yacht.  I want a Lambo that goes into a bigger Lambo.  Russian doll type Lambos, or Lamboception.  Call it what you want, doesn't matter.

 

Elon!  Make it reality!!!

Edited by PlanK
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