XRP Market Cap - Real Problem? Everything You Need To Know

[Guest]

XRP Market Cap - Real Problem? Everything You Need To Know

https://www.ripplecoinnews.com/xrp-market-cap-real-problem

[Hodor]

This writer has some skill - I like!

Quote

How much was BTC’s market cap when it was $100? Using this type of limiting, market-based thinking, many people sold BTC and were satisfied with a small profit. Over a number of years, they realized they had made the biggest mistake of their lives.

I was one of those non-believers.  I remember thinking "OMG this is waaay too risky; it can't sustain these prices!" 

[Guest]

It's also important to note when comparing the market cap of Bitcoin and xrp to Apple, that the 837 billion value doesn't include the value of all Apple products in existence.

If we were to compare like with like, then the market cap of Apple should really be based on not only the value of outstanding shares, but also the value of all Apple products that exist in the world such as your iPhone or iPad. People have said xrp cannot get to a high value because it would make Ripple the most valuable company in the world etc based on the market cap of xrp. That's not true, as I and everyone else here owns xrp that Ripple no longer owns. The value of Ripple as a company and the digital asset they created are very different things. Right now xrp is Ripple's most valuable asset, but as time goes on and Ripple release more xrp  into the market, that will change. XRP can only increase in value as liquidity and volume increases and this will happen with more coins in circulation. 

Basically what I'm trying to say is that if you compare xrp to Apple as in the article, our market cap is actually far less than 1% of Apple's. We still have so much room to grow.

[Guest]

12 minutes ago, Niall said:

Basically what I'm trying to say is that if you compare xrp to Apple as in the article, our market cap is actually far less than 1% of Apple's. We still have so much room to grow.

it's just example

[Apollo]

I don't mean to criticize. 

But, try Grammarly. I think it will help you create a more professional presentation of your information. 

[Pharoh]

From my understanding, the market cap of any cryptocurrency is based upon basic supply and demand for the coin.  The business terms for stocks do not fit.  

[PRX]

3 minutes ago, Pharoh said:

From my understanding, the market cap of any cryptocurrency is based upon basic supply and demand for the coin.  The business terms for stocks do not fit.  

exactly

it's possible to use it for calculations and they will indeed tell you somethin but stocks in business terms usually gives you a ownership of the company (if it's public listed this might be 0.0001% but for that small part you are indeed a owner). With cryptocurrency this isn't the case, you don't own anything. That is, at least, officially/legally. Of course it has value because a lot of people attach that value to it; but legally you don't own anything. This is what some Terms & Conditions of certain altcoins/and ICO's tell you as well.

[Zerponaut]

When you look at crypto market caps alongside the top 50 companies, it's easy to anticipate that when the cryptos' market caps start threatening those companies - who do you think will start buying cryptos to hedge their dwindling market caps?

I think there is a good chance these large companies will be the biggest buyers of cryptos in the near future as the public begins to pump the market and their market positions are threatened.

Edited September 7, 2017 by FunkyGiraffe

[ScottBranson]

2 hours ago, Hodor said:

I was one of those non-believers.  I remember thinking "OMG this is waaay too risky; it can't sustain these prices!" 

$125/BTC seemed like such a high price when I sold...

 

Quote

“XRP will never reach the $1 price because it should have a $38 billion dollar market cap.”

This $38 billion would be a bigger market than ETH, at present about $30 billion. We know very well that in May, for a short period of time, XRP was second on the market cap surpassing ETH at that time.

Also, given the size/volume of banks and other financial institutions, I would not be at all surprised if Ripple's market cap far exceeds Ethereum's.

Edit: by "if" I mean "when".

Edited September 7, 2017 by Rabbit_Kick_Club
change "if" to "when"

[Sandman]

2 hours ago, ahmadderar said:

XRP Market Cap - Real Problem? Everything You Need To Know

https://www.ripplecoinnews.com/xrp-market-cap-real-problem

Another great article bro. Are you the author?

[Guest]

48 minutes ago, Sandman said:

Another great article bro. Are you the author?

 

Thank you Bro ... yes me and my team

[Ripplestil]

3 hours ago, Sandman said:

Another great article bro. Are you the author?

Brilliant!!!!!!! Precise and factual....Give that man a Bells??

 

3 hours ago, Sandman said:

Another great article bro. Are you the author?