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19244247 No.19244247 [Reply] [Original]

While i still say XRP will easily reach 10K

there is another theory i have

XRP can be subdivided by 1 million drops for XRP to be worth 10,000 it would need to be worth $0.01 cent (0.000001 DROPS)

What if 1 drop = 1$
that would make 1xrp worth $1Million (1.000000 DROPS)
You couldn't exchange this for smaller units than 1$. You would need another crypto to exchange XRP for smaller units.

I think that is where XLM Stellar comes into play
XLM will be used for the everyday people, the masses.

XLM can be subdivided into ten Million stroops
One stroop = (one ten-millionth: 1/10000000 or 0.0000001)

DROPS = 1 Million 1.000000D = 1XRP
STROOPS = 10 Million 1.0000000S = 1XLM

From this we can say 1 Stroop is worth 1/10 of a DROP
[0.0001000S = 0.000001D]

1000 Stroops =$1.00[0] = 1Drop
750 Stroops = $0.75[0]
500 Stroops = $0.50[0]
250 Stroops = $0.25[0]
100 Stroops = $0.10[0]
050 Stroops = $0.05[0]
010 Stroops = $0.01[0]
009 -001 Stroop = $0.00[10] Micropayment
-----------------------------------------------------------
1XLM = $1000 - 1XRP = $10000
10XLM = 1XRP

I don't know how Stellar burning 55billion XLM would factors into this.

>> No.19244297

>>19244247
wasn't XLM founded by the guy that owned MtGoX?
why the fuck would you trust your money to someone who cause GOX to happen

>> No.19244385

>>19244297
Jed also founded Ripple and had a "falling out" then went to create XLM

I can't say i know all the details but the website was originally created for trading Magic the Gathering Cards and hastily changed for crypto.

https://hackernoon.com/jed-mccaleb-on-the-creation-of-mt-gox-85645521eabf

>> No.19244535

>>19244385
he started fucking ripple too?
jesus christ this guy has as much impact on crypto as satoshi and moneyskele

>> No.19244550

>https://www.ccn.com/join-bityards-youtube-recruitment-competitionwin-38888xrp/

>> No.19244738
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19244738

>>19244535
Yes. You want to hear more crazy shit?

David Schwartz filed a patent for DLT in 1988
RipplePay came out in the early 2000s and influenced Satoshi
Satoshi actually knew the Ripple guys and congratulated them in a pastebin in 2009
Vitalik tried to intern at Ripple before creating Ethereum

>> No.19245095

>>19244738
https://pastebin.com/Na5FwkQ4

>Ripple is interesting in that it's the only other system that does something with trust besides concentrate it into a central server. -Satoshi
Date: Sun, Apr 12, 2009 at 10:44 PM

I think i just heard some bitcoin maxipads explode into dust.

>> No.19245215

What the actual fuck is going on? None of this is making sense anymore.

>> No.19245219

>>19244738
HOW DEEP DOES THIS RABBITHOLE GO?

>> No.19245328
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19245328

>>19244738
>>19245219
Fantom literally solved the R3 Corda problem and Fusion makes global trade on DLT interesting to bank parties. Now you're telling me Ripple will be king???? Fantom has the symbol, Ripple has it, LINK, tezos.. which one is it for fuck sake?

>> No.19245384

>>19245328
Distractions.

>> No.19245667

>>19244247
>While i still say XRP will easily reach 10K
>Supply of 44.1B
That is literally ridiculous. How would that even be possible?

>> No.19245679

>>19245667
it wouldn't. this is a short bus thread

>> No.19245709

>>19245384
Distractions? That doesn't make sense in the slightest. They literally need global trade to be near instant. Fantom is literally has the best ecosystem. Not to mention what is XRP even running on? ETH? Yea fucking right. You gotta give me something other than distractions...

>> No.19245723

>>19245667
>>19245679

>market cap number too big, make grug brain hurt

This is how retarded you sound

>> No.19245733

>>19245709
XFP already does what Fantom claims to do and has actual adoption by banks and remittance services.

>> No.19245743

>>19245723
Supply and demand, most basic concept in economics. What you've just said is not an argument, explain how XRP creates enough value to be worth 10k at 44 billion supply, you can't can you? Because you're a coping bagholder from 2017.

>> No.19245747

>>19245709
>Not to mention what is XRP even running on? ETH?
>what is RippleNet

>> No.19245779

>>19245743
Do you have any idea how much money is transferred across the world today, let alone what it will be in 10 years? Quadrillions. Hundreds of quadrillions in a decade.

>> No.19245793

>>19245733
>inb4
>duh ONLY thing ripple has is it's connections to banks
>XRP sucks

>> No.19245851

>>19245779
>Durrrrrrr lots of money transferred everyday hurrrrrrrr
XRP doesn't even facilitate even close to 1% of the global economy. It's like building boats out of your backyard and valuing your business at billions because that's how much is spent on boats in _________ amount of time. That's why you resorted to calling people grug, because you're the grug.

>> No.19245854
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19245854

>>19245779

>> No.19245899

>>19245851
>XRP isn't used by everyone all over the world today so it won't be used by everyone tomorrow

This isn't some short-term pump and dump scheme like generic shitcoin X. It's a decades-long project already seeing global adoption. This shit doesn't happen overnight

>> No.19245910

>>19245851
See >>19244616

>> No.19246019
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19246019

I hold 80% XRP 20% 0xMR

>> No.19246025

>>19245899
>XRP isn't used by everyone all over the world today so it won't be used by everyone tomorrow
I asked for reasoning for the price prediction of 10k and your initial response to me was deflective memeposting, as if you're an insecure bagholder, and you still given justification for the outlandish price prediction, so my analogy still stands.

>> No.19246053

>>19245667
Supply is 100B
Market cap is not a factor in a crypto's price. do not even mention market cap as it has nothing to do with anything other than how much of the cyrpto there is.

>> No.19246097

>>19246053
>Supply is 100B
44,112,853,111 / 100,000,000,000 thanks for highlighting that in the long term it is even worse, bagholders will get BTFO.

>> No.19246380

>>19244738
I have more crazy shit, https://threadreaderapp.com/thread/1189356847117033484.html?fbclid=IwAR2_LYZX6A0uh23QqaUzlr8ZtgSkjMb7UXoWHPOIhTvYf3n-OSRGG8hnNvk

>> No.19246552

>>19246097
>thinks 23 million is enough for 7 billion people and quadrillions
ok whatever you say.

>> No.19246593

>>19246552
Strawman. Well, that was easy.

>> No.19246602

>>19246552
>thinks we are still going to have a 7 billion population
Anon...

>> No.19246616

>>19244247
>While i still say XRP will easily reach 10K
totlally fuckin delouinoal. Only $88 trillion dollars in the whole world. thats like $1.2k/XRP. That's all the money in the world ffs. Right now BTC is ~200B, while gold is $8t market cap.

Anywho this is schizo /thread

>> No.19246670 [DELETED] 

>>19244297
>who cause GOX to happen
No he didn't cause it persay, but mt gox was fucked i.e the wallet got hacked before he sold it.

>> No.19247345

>>19245851
No you faggot.
It’s like designing a crazy groundbreaking boat, cruise companys worldwide say they all want it, but you have to build it first and show it works. You build that boat in your backyard then the cruise lines give you their business.