Hey guys, so the last ripple thread got closed down and since there aren't any new ones I decided to make one on my own.
I got around 126 ripple at the moment and I'm just wondering if they will turn me into a millionaire in the next two years.
I personally believe that they will and that anyone reading this should invest into ripple.
*NOT AN EXPERT, RESEARCH YOURSELF BEFORE BUYING ANYTHING*
After all, you cannot beat the banks.
They will buy all the ripple and they will pay whatever amount is needed just to get the technology for themselves.
This means that getting in now, at a dollar, is a bargain as the more banks get interested in ripple and buying it, the more the demand for it will grow and the prices will shoot up crazy!
We watched it go from 0.19 to almost 5$ in the span of just a few weeks, I don't see why bigger growth isn't possible and don't tell me about the market cap- people were bickering about it on a dollar and ripple dumpstered it without any issues.
Please discuss and remain civil while doing it.
The maximum and current supply of ripple will make it very hard to reach the 10000/XRP. Growth is not possible if the supply is overflowing. Think of the supply and demand if there is low supply in the market then price go up. See, ripple is a billion coins supply in the market and I should be very happy if it reach $5.
5$ by the end of 2020 would be pretty low i think... As i mentioned few posts back, every day there are 3-5 trilion $ in cross-boarder bank transactions. That is what XRP was created for in the first place. If they will do a good job, they should have at least 1/4 of those transactions covered by XRP by the end of 2020. That will require market cap of at least 750 billion, if tehy will reach maximum supply which is 100 billion that would equal to at least 7,5 bucks, but with lower fees, there will be more cross boarder transactions, so they would need market cap of at least 1,5 trillion, which is 15$ per coin if EVERY coin would be locked in the transactions. Which will not. So the price should be AT LEAST 20-25$ by the 2020 if they wil lcontinue to do a good work.