Post
Topic
Board Speculation (Altcoins)
Re: Is Ripple Going To Reach 10,000$ By 2020?
by
Schirer
on 21/01/2018, 01:03:54 UTC
It appears that most people didn't read my post, or didn't understand it. Here's the math again, for all you hoping it to reach $10,000.
38,739,142,811 * 10000 = 387391428110000
In case you can't read that number, which I doubt you can:
387 Trillion 391 Billion 428 Million 110 Thousand
Taken by Ripple alone? That's 5 times the market cap of stocks. Also, that's calculated at the currrent supply, their total supply is 2.6 times higher.
That is the market cap needed. Here's what Market Cap is:
Market capitalization is just a fancy name for a straightforward concept: it is the market value of a company's outstanding shares. This figure is found by taking the stock price and multiplying it by the total number of shares outstanding

This is all the answers needed in this thread. It amazes me that people dont do the simplest research or calculation before investing . Most of them just see the value of coin- if it is below 1$ it is good to go , since it is so cheap.