vanhalendlrband Posted May 26, 2017 Share Posted May 26, 2017 28 minutes ago, btald1331 said: In my opinion its not realistic. Bitcoins total supply is a lot less than XRP. Bitcoin's supply is 21,000,000, XRP's is 100,000,000,000. Not accounting for the deflationary concept, that would mean your looking at a price around 21,000,000 BTC /100,000,000,000 XRP = .021%, or $2400 * .00021 = $.504. This purely math of the max supply of each currency. If you do the math off of the current circulating supply for a future prediction your looking at 16,353,025 BTC / 38,249,335,400 XRP = .042% or 2400 * .00042 = $1.008. Not saying it won't go above $1 in 10 years, I believe it will. But this is just a direct comparison. Oh for sure if the supply stays the same. I've been reading that 2 billion of the supply could be burned relatively quickly within a year or so. I forget where I read that now but if that's the case and the supply keeps going down, or even the possibility that it will go down to investors could drive the price higher for people wanting to get in before the supply gets down to the same as bitcoin which I think is possible within several years. I know you were doin just math so I just threw that other variable in there of the burning supply. Maybe this will affect price differently in the long run? Link to comment Share on other sites More sharing options...
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