Quote from: olubams on May 18, 2017, 06:44:49 PM

Quote from: Calangaman on May 17, 2017, 09:16:10 AM

As of May 17 2017

1 BTC is worth $ 1790, maximum 21 millions coins. Implied market cap = $ 37.59 billions
1 XRP is worth $ 0.41, maximum 100 billion coins. Implied market cap = $ 41 billions

Do you believe that this is justified ?

To me, it shows that XRP is completely overvalued.

What do you expect when a coin is having a billion units available. Its just defy common sense to see how developers can just decide to go that high and that is the reason why they are now trying various cosmetic approach by looking for ways to lock the coin in other to create artificial scarcity in other to increase the price and bring in unsuspecting individuals who are only interested in making short term money.

because it is made for real world economy that has multi-trillion dollar trade ! XRP with only 37 billion circulating and 100 billion all together sounds about right for moving a multi-trillion dollar economy around !

what don't you get in it ? and besides it does not need peta-flops of computing power , nor burn forest neither needs hours and hours of transaction time madness !

faster, better, slimmer and uses mathematics instead ! go figure !