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Topic	Crypto General #1: Bearish af
clearaflagrantj 12/13/17 10:29:55 AM #393:	HypnoCoosh posted... clearaflagrantj posted... HypnoCoosh posted... FightingGames posted... ripple is mooning now. worth jumping into? supposedly, they are establishing connections with coinbase and amazon Why not it's cheap enough It's cheap but it has the 4th highest market cap, so it's not like it's going to follow the same trajectory as Bitcoin necessarily. Current market cap of BTC is $287B, XRP is $18B. If XRP matched BTC's market cap today one XRP would be worth $7.33. So it's not likely to ever be worth more than $7-ish? Can't say for sure how XRP will pan out, just saying that it's not going to $17,000, that would require a market cap of $750T. <cite>clearaflagrantj posted [p:892136892] in Crypto Gen... [t:76049103]...</cite> <quote><cite>HypnoCoosh posted...</cite> <quote><cite>clearaflagrantj posted...</cite> <quote><cite>HypnoCoosh posted...</cite> <quote><cite>FightingGames posted...</cite> <quote>ripple is mooning now. worth jumping into? supposedly, they are establishing connections with coinbase and amazon</quote> Why not it's cheap enough</quote> It's cheap but it has the 4th highest market cap, so it's not like it's going to follow the same trajectory as Bitcoin necessarily. Current market cap of BTC is $287B, XRP is $18B. If XRP matched BTC's market cap today one XRP would be worth $7.33.</quote> So it's not likely to ever be worth more than $7-ish?</quote> Can't say for sure how XRP will pan out, just saying that it's not going to $17,000, that would require a market cap of $750T.</quote> ... Copied to Clipboard!
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