If all 100b XRP was available right now, the price would be whatever it's going to be due to supply AND demand.
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If all 100b XRP was available right now, the price would be whatever it's going to be due to supply AND demand.
Correct, which is what I meant when I said "...you can expect the price to decline unless exuberance is so insane that it outpaces the increased supply."
Yeah, I read what you posted. You basically wrote "this post is incorrect unless it isn't." You disproved nothing @jrcornel wrote.
I mean, if that's how you want to interpret it. His entire post is assuming that if 100% of supply was circulated today, that price would remain the same thus price x total supply = market cap = "technically" bigger than Bitcoin. If you can't see the logical flaw in that type of reasoning...dunno what to tell you.
If 100% of the supply was circulated today at the same price, it would be a larger market cap. It's not hard to get this. I think a) you don't believe that demand would allow for the price he imagines, and b) you're just looking for something to disagree with.
Of course I don't think demand would keep up with a 60 billion coin increase in supply...that would be an unnecessary and stupid assumption. See the diamond point I made above, same logic. No one would ever speak like this in a market outside of crypto.
This is all hypotheticals. The fact that you're getting so worked up about this is hilarious.