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/biz/ - Business & Finance


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50255132 No.50255132 [Reply] [Original]

Hey guys, some guys in the XRP thread said it would go to $37500.

Is this even possible? It would literally be a x1000.

Normally i would call doubt but yeah Ripple is kinda a big thing so can anyone spoonfeed me please? Thanks

>> No.50255145

>>50255132
It's not possible, so it is possible

>> No.50255208

>>50255132
market cap is a meme
which is calculated by what people will pay for it
not what is in the "pool"
so if the global economy needs XRP to be $37,500 a unit to transact within in 24hr period that is what the price will be.

>> No.50255220

>>50255208
But theres 100billion coins


100billion x 37500 is an insane amount of money