Bitcoin can make ya money 4-5 times in coming year but have you heard about ripple?
Ripple is insane, it's up by 2782% this year😱.
All the banks are trying ripple for international money transfers some of them have tried and got good results.
So if banks are gonna adapt ripple, my prediction is ripple will be 200$ in couple of years.
The thing is you cannot mine ripple. All the ripple is made already and in every transaction some of it gets destroyed.It's confusing but you can just buy ripple and hold it for a couple of years and live a freaking millionaire life ahead.
The supply of Ripple is many many times greater than Bitcoin. For Ripple/XRP to reach 200$ the marketcap would have to be in the 100 Trillion range. This would not be happening even if banks poured all their money in Ripple. 1$ might happen, but even this needs a very signifanct market cap increase given the huge supply.
Even that would be a multiply by 5... And you have to mention, the maximum amound of ripple is always getting smaller.
International transactions 180 trillion happen every year. If all these transactions starts taking place through ripple. You never know what's gonna happen.
Because everytime you transfer money, some of the ripple gets destroyed. That should mean that ripple is deflating depending on how much volume is transfered.
Sounds great, maybe I should get into it with some money.