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52443892 No.52443892 [Reply] [Original]

XRP $2k

soon

>> No.52444340
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52444340

>>52443892
$50k

>> No.52444466

>>52443892
Sad part is I know this probably isn't satirical and you genuinely just don't know what "market cap" is

>> No.52444550

>>52444466
loser

>> No.52444671

>>52444466
Look at me, I am so smart, I can multiply two numbers together.

>> No.52444680

>>52444466
midwit

>> No.52444921

>>52444466
Wasted digits

>> No.52445055

>>52443892
>Ripple Labs Incorporated sued by SEC
Very nice decentralized coins you have here.

>Three more companies and organizations have requested to weigh in on the ongoing lawsuit the U.S. Securities and Exchange Commission (SEC) filed in 2020 against Ripple Labs Inc.
https://forkast.news/headlines/sec-gets-more-support-in-xrp-lawsuit-against-ripple/

>> No.52445095

>>52445055
Gary Gensler head of SEC caught with pants down with FTX

>> No.52445121

>>52445095
>Gary Gensler head of SEC caught with pants down with FTX

Just two jews comparing scars on their mutilated cocks

>> No.52445423

>>52444466
>you genuinely just don't know what "market cap" is

Market cap is the multiplication of last trading price x circulating supply.

In other words, someone could create a coin with a 100 billion supply and buy a few of the coins for $11 dollars and its market cap would exceed a trillion dollars. Does this mean that a trillion dollars have been pumped into the coin? No, not even a hundred dollars, yet its market cap is over a trillion. This simple example illustrates how naïve market cap discussions are when it comes to crypto.

XRP’s price will be determined by utility, not by market cap. For example, SWIFT moves around $5 trillion dollars per day. $5 trillion divided by 100 billion XRP = $50 dollars per coin, and this is assuming that SWIFT owned all the supply. XRP is going after more than just SWIFT, it is going after a $2.7+ quadrillion market. Market cap means nothing.

XRP will handle much more than SWIFT; it will eliminate the need for nostro accounts (worth $27 trillion), tap into the $2.7 quadrillion global transfer market, as well as interact with other blockchains and technologies. In other words, if XRP’s price was low, it wouldn’t be able to handle the trillions/quadrillions within its 100 billion coins.

XRP will likely be pegged to precious metals and/or a basket of assets to make the price even more stable and liquid over time, likely by governments, central banks, and institutions like the IMF.

Sounds to me you don't know what market cap is.

>> No.52446280

>>52444466
Ethereum didn't had a market cap and went more up

>> No.52446348

>>52444444

>> No.52446353

So XRP is the next scam to fall?

>> No.52446363

>>52446280
Isn't that quite interesting guys? Wow you can' make this stuff up

>> No.52446484

>>52444466
always funny to see this post as the standard midwit response thinking they are owning you because they heard someone say once
>muh market cap would never allow X coin to go as high as Y
when in actually you don't know what you are you talking about
here anon, why not expand your knowledge on a subject you thought you knew everything about while making it obvious you're just repeating something you saw someone else say
https://www.xrpchat.com/topic/10366-the-myth-of-market-cap/

>> No.52449004

>>52446353
See: >>52448451

>> No.52449274

>>52449004
I ain't reading all that shit anon.

>> No.52449361

>>52449274
Yes