just a thought...
if one btc can cost $3k
then there is no reason 1XRP cant cost $3
( next 3-5 hours my fresh fiat will become fresh XRP
)
if one btc can cost $3k
then there is no reason 1XRP cant cost $3
( next 3-5 hours my fresh fiat will become fresh XRP
)I think XRP can easily reach $2 by the end of this year. But let's talk about the max Ripple can reach in the far future. If all the banks will adopt it and it will replace all the money eventually, 1 XRP might be as high as $750 one day, but hardly more than that.
Here's how I came to that number:
All the money in the world =~ $75 Trillion
Max Supply of Ripple = 100,000,000,000 XRP
$75 Trillion / 100,000,000,000 XRP = 750$/XRP
There are still some more factors to further increase the price of XRP in that case... in the far future.
1) The most simplest problem about cryptocoins is that, many people will lost their first wallet
And that money will be lost forever.2) Some XRP will be destroy permanently per transaction. Imagine, with people around the world are using it for goods, services, etc. How many XRP will be destroy permanently, per day...?
I am sure we won't see all 100,000,000,000 XRP circulating in the market.
3) Economic growth. The cap won't be ~ $75 Trillion as of today anymore.
What do you guys think? I'm in my wet dream as a XRP holder and I will do so in a really long term. Let's see what will happen 5 years from today. Thanks.
One more thing, I noticed most XRP haters have a very similar thought to Microsoft haters. I will tell you that, I love opensource and all. I even use Ubuntu before I purchased the Surface 4 Pro and found out that Ubuntu is not major enough to use on touch screen device and battery consumption issue too. In the end, I will use what works best for me whatever it's close or open system. Now, I am holding BTC, ETH, and XRP to diversify the risk.
Yeah, I know. We are talking about the purchasing ability of $75 Trillion as of today. Of course in the future the number will be greater because of inflation.
I think your choice of cryptos to hold is an optimal one. BTC, ETH, and XRP are the most promising crypotos imo.