Another garbage TA to add to the daily list. Now it's getting pretty obvious that you have no idea what you are talking about haejin.
First of all, ripple CEO Brad Garlinghouse doesn't ripple to be an "expensive" coin, which it definitely is at 15$ considering the huge total supply,
secondly, ripple needs to have a market cap of over 600 Billion to reach 15$, the total crypto market was at an ATH of 800 Billion a few weeks ago so yeah do the maths yourself, it's basically almost impossible for it to have a market cap like that. Unless trillions of dollars suddenly get thrown in the crypto market. Now that's difficult maths so most of you probably won't understand my point here, since you're all falling for his garbage TA
Third, ripple itself holds 60% of all coins. So do you really think moneygram and other banks that partner with ripple are going to buy ripple at exchanges??? No. They are buying from ripple itself who keeps those 60% at a stable low price. So what's left to push ripple to $15? We are, and come on do you really think we can make ripple have a market cap of 600 Billion? No, it's almost impossible unless every crypto invester puts all his money in ripple and only ripple..
Think guys stop falling for this BS, he is just throwing darts, it makes no sense his predictions.
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" it makes no sense his predictions."
Demonstrate that the crypto market currently makes sense. The #1 coin has huge fees and slow transactions, the #2 coin is taken down by a cryptokitty game, then your favorite Bankster coin is #3.
We'll wait.
it made no sense when bitcoin past 100 bucks, 1000, 5000, 10000....but it still happened. haha.
Could it be explained by the fact that bitfinex is artificially pumping prices with printed tethers which aren’t actually backed by any real fiat currency? Scams are a bloody unreal thing until the pop and reality sets in
Even if i personally think (and hope) that ripple wont be around 15$ it theoretically might go that high. How many people you think hold cryptos right now? Max 1% of worlds population? Those 1% are invested in a lot of different coins right now. What do you think will happen in 10 years (by considering the growth of population) IF cryptos start to take over the current fiat share? Ripple might still be top 10 of the coins in the future since some people might want to own regulated coins like xrp. Considering this parameters dont you think this could happen?
The difference between XRP Ripple & other coins is easy. XRP has gotten the blessings of the Banking Industry & the Government regulatory bodies. Do you know what this means? It means "Merchants" such as Amazon for example, have the GO AHEAD to utilize XRP as a digital currency, all because its passed regulations. That news alone is HUGE.
Sure people don't like Centralized crypto currencies. That's fine, you have 1,000's more to choose from. If Ripple didn't go after this market segment, somebody else would have.
XRP in 2-5 Years? Well over $500+. 10 years? $1000 Mark my words. Dam the market cap argument. Digital Currencies is infinite. lol
" Digital Currencies is infinite. lol"
Quantitative Easing are infinite ... aren't they so ? lol.
It truly makes my eyes bleed to see painfully stupid comments like this. Do you think the 800Bil market cap of crypto is the last we'll see? Also, do you see Haejin mentioning a time-frame? No. This would take months, years. Grow a pair!
With 15$ price XRP market cap would be bigger than total market cap is today.