Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
vanhalendlrband
on 21/05/2017, 15:27:50 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. 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. 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.

If you talked to someone in 2015 or even this time last year and said Bitcoin would have 32 billion market cap and be worth 2000 when it was only like 2-300 then?

Dude even in January 8-900 for BTC wasn't it? It's more than doubled.

Clearly these markets grow at an exponential rate when necessary that nobody can really predict.