Post
Topic
Board Speculation (Altcoins)
Re: Is Ripple Going To Reach 10,000$ By 2020?
by
Sadikrx
on 14/02/2018, 18:19:39 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

I'm trying to understand your logic but can't catch that could you explain me in little bit more.