Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
azmojo
on 21/05/2017, 14:29:46 UTC
2 is not possible. Do you smoke crack ? If xrp is 2 by end of year it would mean the market cap with current supply would be 77 billion. For the moment total market cap is 72 billion.

Please be realistic. And were talking with current supply so if there is more supply it is definitly some crazy crack talk.
That's your mistake right there. The market cap doesn't have to be realistic or rational. By the end of the year there will be a "new normal" for crypto market caps, and even that will probably be temporary. These will be figures we can't even imagine being rational right now. Crypto is a new frontier, not a business with earnings, costs, etc. Would be like saying that gold could never be $50k/oz because that would make the total value of all gold in the world $x.