@Mrpumperitis, @vsync
I'd like to add to your posts about shortterm price expectations the following example
Let's imagine that XRP (or any other coin) will double it's price every month (hypothetically):
1. $0.25 * 2 = $0.5
2. $0.5 * 2 = $1
3. $1 * 2 = $2
4. $2 *2 = $4
5. $4 * 2 = $8
6. $8 * 2 = $16
7. $16 * 2 = $32
8. $32 * 2 = $64
9. $64 *2 = $128
10. $128 * 2 = $256
Minimum 5-6 months to reach $10 price
Minimum 10 months will take achieving of 256 dollars level.
I'd like to add to your posts about shortterm price expectations the following example
Let's imagine that XRP (or any other coin) will double it's price every month (hypothetically):
1. $0.25 * 2 = $0.5
2. $0.5 * 2 = $1
3. $1 * 2 = $2
4. $2 *2 = $4
5. $4 * 2 = $8
6. $8 * 2 = $16
7. $16 * 2 = $32
8. $32 * 2 = $64
9. $64 *2 = $128
10. $128 * 2 = $256
Minimum 5-6 months to reach $10 price
Minimum 10 months will take achieving of 256 dollars level.
im gonna be honest most of your targets are very high
it could happen $256 =1xrp, but not in 10months..probably 10years if it ever does
ive had gd accuracy with this so far...4/6 all correct
lets go for the rest, then some more
$1+^ ^ ^ ^ ^ ^
March April May June July Aug
as you may notice, march to april, xrp did 5x overall roughly
then 2x roughly for each of the next 3months
the thing is ..as the snowball gets bigger and bigger ...it also slows down in speed
it will keep growing in value but slower
time is essential for great growth
also alot of outside factors from the fiat ecomony could play a big role in speeding things up, esp if euro breaks up (which seems likely)
With respect... keywords of my post are: imagine and hypothetically
I know that this rate is super high.
And even with this rate it takes several months to achieve the price that they wanted.
