how to spot a troll in 3 easy steps
1- noobie account, but thinks they know everything
2- talks alot
3- doesnt listen
1- noobie account, but thinks they know everything
2- talks alot
3- doesnt listen
Everyone starts somewhere on these forums. Calling me a troll doesn't negate the concerns about XRP.
wrong, you have been here before...you dont just create a new account to come bashing a coin...we are not that stupid m8..
also i asked a simple question 3 times...nothing near as complex or stupid as your questions...
ill try for the last time...
AGAIN...nothing personal...but why the noobie account to come here and post nothing but negativity on a coin you seem to know about but dont want to buy?
I've been a long time lurker, just blown away by all the XRP hype so I wanted to put my 2 cents in the pot. Too many noobs think XRP is going to make them rich, like bought 10,000 ETH at $0.80 rich, so I had to chime in. Math just isn't there, supply just is way too much and the creators still own 60%+.
How about you show us your math? Maybe 5-10 clear distinct steps of your logic and supporting arguments around what value you would place on XRP and why?
2) The XRP that is destroyed by transactions is not enough to significantly reduce circulation in the foreseeable future considering that 1,000,000 transactions would only cost 10 XRP.
3) For XRP to hit $1 total XRP market cap would need to be $38B-$100B depending on total circulation at the time. For a $10 valuation that would need $380B-$1T total XRP market cap. Let's give XRP the benefit of the doubt and say it captures 25% of the total crypto market cap (all coins). That would mean a $10 per token value would need to be in a $1.5T to $4T total market cap scenario. That scenario would need BTC north of $100k per token. While I do believe that BTC has the potential to reach that number and even higher I think we are still a ways off.
4) Ripple currently controls 62% of tokens of which 54B will be locked up for the next year then start dumping on the market 1B at a time. During this time they still have 8B which is 17% of total unlocked up tokens to manipulate the market with.
5) Previous articles hinted that Ripple was going to retain 50B permanently, now they have a contract to release them.
6) Today it looks like it's on a warpath downward just like it did the last time it spiked then spent 2 years trying to find a bottom while loosing 95% of its value.
I am not saying that XRP won't go up in value but I hear a lot of people with the idea that it will be up there with ETH. It won't. It may hit around $1 this year or early next but as soon as the contracts start to release 1B on the market every month that will drop the price significantly and keep it at or below $1 for a very very long time. It also may just stay in a price range between $.2 and $.4.
...do you think they gonna use slow ass btc with huge fees for transfers,lol im guessin you have never sent or received a single XRP to another XRP address. 
its clear your fudding skills are weak and its also clear you dont understand crypto markets and supply ...
here 1 tip...btc has 17mill coins...are 17mill on the market?...what percent is for sale?
Ripple has put funds into a 54month SC, 1bill XRP a month will be available to Ripple labs....now why the hell would they dump on market , do you think they are broke lol...
they looking at the bigger picture, longterm , usecases that you cannot understand...they are not changing a bank, they are changing the entire system ( why would 10yr swift director join Ripple 2months ago?) , are you even aware of who Ripple is partners with?? google..sbi is just two ill name for you..go check how much money they have,lol.
Fiat is worthless to these guys, they want the crypto...your just to stupid to see this and you try misled others with your stupdity.
as for the up there with eth comment,lol er it is up there right now
and last week it was worth alot more than all of eth too ,lolyour here because you want XRP, its obvious,
trash talk all you want....you are a troll, look at all the talking you do...and damn not even once do you listen lol
nooooooooobie
