Post
Topic
Board Altcoin Discussion
Re: Ripple exchange rate?
by
Spekulatius
on 22/02/2013, 23:53:48 UTC
A very optimistic exchange rate could be estimated by assuming parity between the "market capitalization" of BTC and XRP. If 21 million BTC have a market cap of $600 million as at present, then 100 billion XRP might have a similar market cap. This would value each XRP at $0.006.

This has probably been answered many times over, but doesn't this make the developers (or whoever has the power to issue XRP) incredibly rich and powerful?

With ONLY 20% of all Ripples in existence!??

Let me get a calculator...