Luckily i sold some time ago and i got just a little stash.
Why is this tanking so hard?
F*kin xrp, is he dying?
Because all the banks are using QNT instead lol.
It was literally a fundraiser for banks to buy btc. Cheers reddit.
Because ZIRP doesnt want the youtube fanboys getting rich. they'll get strangled out. then ridiculous moon. talking flip switching instant $50 xrp
its gonna be gud
doubt it. They've been hitting that switch for the last 7 years or so, and fuck all has happened so far - bar the kimchi premium fortnight in Jan 2018, which of course had fuck all to do with XRP or Ripple as such.
$50 a pop would put people like Chris Larsen, Brad Garlinghouse or Jed McCaleb WAY ABOVE Jeff Bezos in net worth, not to mention in a supposedly liquid asset as opposed to shares or property. It would also make Ripple the most valuable company in the world today and in history of mankind - almost 3 trillion - and that is just valuation of their assets alone, their market value would have to be in tens of trillions as a result. Just to put things into perspective Amazon has a market cap of some 900 bil and it is the most valuable company on Earth.
Now think about it for a minute and tell me how likely is $50 per XRP and how sustainable is that price. Is Ripple REALLY doing something so valuable that it can end up up there?
>updated
3 trillion actually represents the value of Amazon, Google, Microsoft and Apple combined in their current market cap.
Think Ripple can just pass them all without a second thought? Flip of the switch?
Some people say banks that sign on to use Ripple's products don't actually use XRP but it's not really clear to me.
They would only do this if they intended for Ripple to be the new head central bank.
and how likely is that to happen?
This isn’t Chainlink. Ripple got hundreds of millions in VC capital. Plus the founder was already a billionaire. Chris Larsen.