Pennies for something that is this much distributed is not really that much of a bad thing. Think about it this way, if you bought XRP at 50 cents (and it was 25 cents just a month or so ago, so you could have gotten it a lot cheaper) you would have about 1000 xrp for just 500 dollars, and if it pays out just 2 cents per spark, that would mean you would have 10 dollar profit right there without doing anything. I would say that is a good deal.
If you bought at 25 cents however, which was possible for a very long time, and it gives you 5 cents, we are talking about making 20% of your return just from one fork of it. That is why there is a chance it could make people a ton of money, or may not make any money at all but people rather take that chance since its free.
Topic: How much is Flare going to be worth? (Read 260 times)
What if a lot of people buy this to stake? You need a lot of a coin to stake. I stake about 15 coins on four computers dedicated to that. It's not very much money totally but it helps keep the house warmer and produces a little coin to trade for Bitcoin and stable alts. I don't know what Flare is as far as a staking coin, what percentage of return. A lot of staking coins have return rates of like 250% a year.
Im not sure about this but it seems like flare will not use a common staking mechanism that being used by the majority of POS platforms. Have you seen this? https://flare.ghost.io/theflarenetwork/
You can see how spark token can be used to get FXRP. It was using the spark token as collateral. I don't even feel bad about this but i doubt this can attract a lot of people to buy spark token.
It might make people more money in a year by keeping it and earning FXRP. FXRP after all has "XRP" in it which is promising.
I wonder what the memory and CPU usage will be to have the Flare wallet running on one's computer.
What if a lot of people buy this to stake? You need a lot of a coin to stake. I stake about 15 coins on four computers dedicated to that. It's not very much money totally but it helps keep the house warmer and produces a little coin to trade for Bitcoin and stable alts. I don't know what Flare is as far as a staking coin, what percentage of return. A lot of staking coins have return rates of like 250% a year.
Im not sure about this but it seems like flare will not use a common staking mechanism that being used by the majority of POS platforms. Have you seen this? https://flare.ghost.io/theflarenetwork/
You can see how spark token can be used to get FXRP. It was using the spark token as collateral. I don't even feel bad about this but i doubt this can attract a lot of people to buy spark token.
What if a lot of people buy this to stake? You need a lot of a coin to stake. I stake about 15 coins on four computers dedicated to that. It's not very much money totally but it helps keep the house warmer and produces a little coin to trade for Bitcoin and stable alts. I don't know what Flare is as far as a staking coin, what percentage of return. A lot of staking coins have return rates of like 250% a year.
Coinbase just announced they will support it and give it to XRP holders there.
I going to be worth in pennies from looking at the total supply. I would suggest people not to buy XRP just for the sake of getting Flare.
Don't expect too much an Airdrop coin. Remember that the ratio is 1:1 to XRP so it means that the price was close to XRP price but not above on it. I don't expect much on any airdrop token for the long run. It might probably pump for a short period of time just like the typical airdrop coin then die over time once the hype is over.
The flare will be distributed according to the number of Ripple held. and I don't think the price will exceed Ripple's current price.
most likely after the market it will be the same as any other crypto launch. where prices will fall high because many sell from the results of the airdrop, then they are thrown away quickly to attract buyers.
so sell faster at launch, will reduce the risk of price losses.
most likely after the market it will be the same as any other crypto launch. where prices will fall high because many sell from the results of the airdrop, then they are thrown away quickly to attract buyers.
so sell faster at launch, will reduce the risk of price losses.
Flare will be airdropped on certain exchances for XRP holders. The Flare website has a list of the exchanges.
What do you think the price will be worth on release or worth a week from release? A year?
Flare has a total supply of 100 billion and XRP holders will receive the 1:1 Spark token, the supply is plentiful. I think the price is only $0.001 after the first week because many people will quickly dump (characteristic of airdrop coins) but the price will increase 5 cents after 1 year when the whale holds big enough.What do you think the price will be worth on release or worth a week from release? A year?
Some people said the supply of ripple coin will be around 40 billion and it's not 100 billions. Total supply - premined coin owned by ripple foundation = total supply of flare.
Well, considering there is going to be nearly 300 million of it, and it is just a addition side thing to XRP and XRP worths around 60 cents (even less mostly) I think we can assume that it will be less than that. Unless flare plans to be the first ever to actually go above the original it was based on.
It means we are looking at somewhere under 50 cents, and even though it may sound lucrative to get 50 cents per XRP you hold, doubling your profits, I would like to remind you that we went down from 90 cents very recently and came from 25 cents very recently as well, so that means we have seen what double is, even quadruple is, just in XRP. So, I would say expect anything under 50 cents but do not be shocked if it is just few cents or near 50 itself because both would be realistic.
It means we are looking at somewhere under 50 cents, and even though it may sound lucrative to get 50 cents per XRP you hold, doubling your profits, I would like to remind you that we went down from 90 cents very recently and came from 25 cents very recently as well, so that means we have seen what double is, even quadruple is, just in XRP. So, I would say expect anything under 50 cents but do not be shocked if it is just few cents or near 50 itself because both would be realistic.
These days many traders or users are accumulating of XRP just for the purpose of airdrop. Before the snapshot or after airdrop many hodlers will sell their assets to take profit. So in my opinion, this is free airdrop and mostly those who will received the flare will dumped their tokens. And I can't think how much flare will be traded in the market.
Flare will be airdropped on certain exchances for XRP holders. The Flare website has a list of the exchanges.
What do you think the price will be worth on release or worth a week from release? A year?
Flare has a total supply of 100 billion and XRP holders will receive the 1:1 Spark token, the supply is plentiful. I think the price is only $0.001 after the first week because many people will quickly dump (characteristic of airdrop coins) but the price will increase 5 cents after 1 year when the whale holds big enough. What do you think the price will be worth on release or worth a week from release? A year?
Flare will be airdropped on certain exchances for XRP holders. The Flare website has a list of the exchanges.
What do you think the price will be worth on release or worth a week from release? A year?
What do you think the price will be worth on release or worth a week from release? A year?
It's airdrop, I expect a huge drop after it hit the market, people are just interested in the airdrop that is why people are buying XRP, but when the smoke clears up and we'll see how this flare token turn out then we'll see if it's worth dumping it or holding it, honestly this is one of the hype coins in the market right now and the stat won't lie see the pump on XRP, a good starting price is 10 cents I don't know it's hard to tell.
It's safe to assume we rely on the price of XRP as it's 1:1 airdrop but not that hopeful as it could be dumped when it touch to exchanges considering it's free and the maximum supply of it is quite huge unless they burn some of those that may not be claimed of any XRP holders. Locking it isn't bad before get traded but that doesn't change the fact that it may be just a P&D at the first but good thing if it pumps that will be an easy one if you have much XRP in an exchange if it's instantly listed.
100B supply
If this is the supply of Flare then that would pretty be near to the price of XRP but before it has turned to bull. But don't you expect a lot. Although free money is still free regardless how much you have XRP and how many Flare you'll receive with its airdrop. I see that you're thinking of holding it but you need to research first if its development is good.I don't expect the price of Flare to even touch XRP at the moment. Now when I look at the supply, it tells me that get whatever you can from Flare and quit.
Despite the dump, then it will remain strong.
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Flare will be airdropped on certain exchances for XRP holders. The Flare website has a list of the exchanges.
What do you think the price will be worth on release or worth a week from release? A year?
I just take BCHA as the best example to determine how much each flare coin will worth. BCHA is 20 times less compared with BCH and the same thing could happen with spark token too. What do you think the price will be worth on release or worth a week from release? A year?
I predict if the price for each flare will be around 1 - 10 cents.
The thing that we should remember if the flare token will have a fixed supply which will be around 48 billion.
100B supply
If this is the supply of Flare then that would pretty be near to the price of XRP but before it has turned to bull. But don't you expect a lot. Although free money is still free regardless how much you have XRP and how many Flare you'll receive with its airdrop. I see that you're thinking of holding it but you need to research first if its development is good.I don't expect the price of Flare to even touch XRP at the moment. Now when I look at the supply, it tells me that get whatever you can from Flare and quit.
100B supply
If this is the supply of Flare then that would pretty be near to the price of XRP but before it has turned to bull. But don't you expect a lot. Although free money is still free regardless how much you have XRP and how many Flare you'll receive with its airdrop. I see that you're thinking of holding it but you need to research first if its development is good. 
It is really difficult for ordinary traders to predict in advance what the price of this coin will be after it comes on the market. Airdrop coins have performed well in the market many times and traders have been able to make good profits. But all the airdrop coins did not do well after being listed on the market and later went out of the market. Many traders have lost their funds by buying those coins.
So be careful before running towards any new airdrop coins to avoid big losses.
So be careful before running towards any new airdrop coins to avoid big losses.
We cannot predict the price at this point of time because market will decide that so we have to wait till it is available for trading at exchanges. Personally i would expect good dump initially because a lot of people will rush to sell free airdropped coins to take bonus or profit.
Yes and no. Typically, when there is an airdrop (like UNI) or a hard fork split (like bitcoin cash), the initial price quickly rises and rises first before it gets dumped hard.
Afterwards it the price will stabilize. I have no idea, what the value would be of Flare, but it will probably be not very high due to the enormous supply...
More and more exchanges will support this airdrop (including Binance and Kraken).
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