/biz/ - Business & Finance

I saved this from earlier in the year to help some of the brainlets who don't understand the relationship between volume, liquidity, market cap and how it affects a bridge currency like xRapid. Also helps to dismiss the market cap fallacy in cyrpto.

If xRapid starts to tap into the international remittance market, a multi-trillion dollar a day market...

>>7664688
Too conservative. Put a 0 at the end of your EOY estimate and you'll be closer.

Brainlets, don't bother sighting market cap. You barely have a grasp of the markets as is.

>>6933494
Market cap is another meme that most people don't seem to understand. Pic related.

>>6674651
Dont need to tell me.
Keep this shared so the brainlets can better comprehend how how the price of XRP needs to be to do what it was designed to do.
The price of XRP HAS to be, by a factor much higher than it is to transact the value of the sectors it's targeting

Thread died because shillthreads, referral threads, and other shitposting slid it when I left for 15 minutes.
Anyways anon, this was a good response.
Perhaps I need to lock away some Ripple just in case this future comes to pass. At any rate it won't lose much value compared to what it can gain.