Author

Topic: Is XRP overpriced? (Read 632 times)

legendary
Activity: 1806
Merit: 1003
April 30, 2013, 05:03:18 PM
#2
Right now, at bitstamp, you can buy ~200 XRP for 1 USD.

There are about 100 billion XRPs, so XRP market cap is about 500 million USD.

I suppose it's too much for such young currency.

No there's infinite amount of XRP, since it is centrally controlled and can be arbitrarily increased.
newbie
Activity: 30
Merit: 0
April 30, 2013, 04:58:23 PM
#1
Right now, at bitstamp, you can buy ~200 XRP for 1 USD.

There are about 100 billion XRPs, so XRP market cap is about 500 million USD.

I suppose it's too much for such young currency.
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