XRP World Bank Set Price between $7k - $70K? (Theory Calculated)

[@SVGPRO]

Before $7000 XRP most of the people in chat would sell around $1.40.

[@joeypellitteri5027]

Do not ever sell your XRP

[@sheikdaoud7909]

$1B per month + 1% growth rate does NOT equal $1.1B. It equals $1.01B.

[@maroonmedia2000]

I also noticed that he did wrong 😊

[@Greg1g7126]

What's $100 million?, give or take/

[@ManiacalManiac]

Close enough!

[@roycewilliams1360]

I posted the same thing. lol did not see your post first. At least you and I understand math.

[@SL_vids]

Saw that too immediately

[@gmc4005]

If it’s 1M drops in ONE xrp, and one drop is worth ONE cent, that’s a $10,000 xrp price for ONE token. I think this is where that $10,000 price came from.🤔

[@MasterPaul]

My calculation came to the same result. I remember someone from banking mentioning that they sent $50M on XRPL at a cost of 30 cents. If we took that $50M and divided it by an estimated price of $10K you would need 5,000 XRP to be used in the transaction. When you multiple 5,000 x price of each token 0.0002, you come out with a figure approx $1. Pretty close to 0.3cents. Anyhow we all know that it will be a high price, but my warning to everyone is that the hackers will find a way of taking your XRP and so now I am working on Phone and Laptop security. Thanks again Lewis for all your hard work and dedication to your members 😊

[@CHIM3RA.]

You're one of the only people who been thinking like me, why would they set the price of an XRP as a whole when transactions can move in fractions of XRP, lets say that they set the price of drops a certain price so instead of the banks sending whole XRP they send drops and the fees stay the same they just change it's name to microdrops.

[@engelstody7171]

Individuals are still holding crypto coin and stocks? I didn’t know that , I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it more like capitalization with about 43.307% profits/ ROI weekly though.. ps.. Jo collier got me covered thanks

[@kareem2457]

Thank I’ve been telling folks this but MC nonsense comes to play

[@garymarsh6803]

I love your theory as I’m sitting here wondering how I going to pay the bill next month and I’m sitting on 30,000 XRP and I don’t want to sell😩

[@djgoliday]

Aren't we all 😩

[@BLESSED1591]

Pay your bill, the price will be dropping down a little soon. We haven’t even touched regulations. Buy back in when you can!!

[@RealityTrailers]

Almost feel sorry for ya (almost)🤑

[@clydejr6065]

Patient out time will come 💰 🤑

[@learningcoins8872]

I hear you but, take care of your immediate moment... There's always pull backs... I would suggest you take out what you need & buy the dip... & DCA (dollar cost average) in when you can. Not Financial Advice!!!

[@Alexiscom1]

Nice speculation, I would not mind 7000$. For now I like to see monthly close over 1$.

[@abdalhaqq9465]

Or just hold on from sliding further down 😢

[@dominclarin1496]

Let's have another point of view! Stable coins mean's the price between the sender and the receiver is the same, minus the fees related to the transaction. Then no matter what the price of XRP if is 1$ or 10K. The xrp is already stable because it takes a few seconds to move and the price doesn't have time to change in between.

[@steph_nyc]

The higher the price the more efficient and liquid XRP is...that's why David Schwartz said XRP can't be dirt cheap and describes a scenario where XRP could reach $120 and beyond if you had many factors to it. So no, your perspective is not correct

[@ColofulThought]

Serious Q- but if xrp was used in the cross boarder transactions, wouldn’t this tie up xrp thus limiting the amount of xrp that is available on the market? Wouldn’t this increase the demand/value of each xrp?

[@ColofulThought]

Also xrp is burned

[@pppppp549]

​@@ColofulThoughtat this speed it will take 70 000 years

[@kathyroark9561]

Even at the percentage of less than a penny....the amounts cant ne identical or it would br totally free

[@dsilvagangvlogs432]

Great content mate, people don’t want to believe XRP can go to 4 digits and beyond maybe you could show or talk about some examples of the thousands of people that bought bitcoin and are now worth hundreds of millions, no one talks about it enough… I was offered btc for $65 and thought no way would it even double and what a waste of money… I realised I missed a huge opportunity that I thought would never happen again. XRP is a once in 4 life times opportunity….

[@halftime814]

Got a friend at who won't invest in xrp cause he doesn't believe banks and countries building there new financial system on the xrp blockchain he got all his life savings in eth🤦‍♂️

[@adrianriley1939]

@@halftime814 Ouch 🤦🏻‍♂️

[@MetalSlimeDrummer]

Unreal coping

[@cameronjones2778]

I regret not buying BTC back in the day at $1.30 each. Was going to buy $100 of it but then thought I was crazy. Could have transformed my life.

[@kb-bt3ng]

The real value of XRP is approximately $ 1 000 000 per XRP at the current monthly growth rate, discounting how long it can last, at the time of typing this comment. That's fairly conservative by the way. I factored in how long it can last, which is 70 000 years at the current burn rate of 0.00001 XRP and got close to $ 4 000 000 per XRP. This baby needs to be ultra expensive in order for it to last. Remember, it does billions of transactions per month. The burn rate is constant. If the price is very high, there's a whole lot more worth in a drop than when XRP is cheap. Also, as the nodes increase due to transaction growth, the price will skyrocket, obviously. Also, people say XRP needs to be backed by commodities. Sure, it can be a derivative, maybe that's why they joined the ISDA. But it does not need to. It's pure essence is it's value, it's liquidity. It's just a bridge and store of value. It will be backed by what will be running on the XRPL. Deriving it's value from commodities as a derivative like backing it with gold will only complicate things. Ripple joined the ISDA so that it could get all that value juice onto the XRPL and have XRP act as a derivative contract. So a car tokenized on the XRPL will be represented by however much the worth of the car is relative to the price of 1 XRP. This NFT will be a derivative contract called an Option contract, where the owner of the NFT will have the right to sell the car (NFT) and any other market participant to buy the car (NFT) at a predetermined date. Or it can be used for Commodity Swaps as CBDCs will be backed by gold and/or other commodities. I can give many examples. XRP WILL BE THEEEE SUPER DERIVATIVE ASSET. The CBDCs will be backed by gold, and will run on whichever network it commands at the time depending on the transaction type and the type of value being transmitted on the network. XRP IS A DERIVATIVE. IT WILL DERIVE IT'S VALUE FROM THE ASSETS THAT WILL BE RUNNING ON IT. Hence it will be a stable coin because even if people sell in hopes of making money (which they will), they'll just be exchanging value for value. And the stabilization mechanism which is the dichotomy between the burn rate and the transaction fee, will always keep the price stable.

[@DazGeary]

David Schwartz said it needed to be a large $ number for XRP to work. I'd be happy with the 1% growth rate TBH

[@pressurehead]

If calculating MGR with 1B$ as basis and assuming 1% monthly growth, the next month would not be 1.1B$ but 1.01B$. 1.1B$ is 10%

[@woofolliesmydog8628]

Correct

[@bryngriffith]

thats why i was thinking

[@nickcrypto1639]

Yea, 700 to 7000

[@grahamturner5176]

That’s what I thought. His calculations would be $700 -$7k

[@oscarestevez613]

Yes 700 to 7000. Still not too shabby.

[@jamil1985]

If XRP remains at the current price and it does trillions of transactions, then it will burn very fast, the point of XRP is to last a very long time. So XRP needs to reach a value where the burn rate becomes extremely slow and low. Otherwise just a Trillion dollar transaction per day on the current price of XRP ... approximately it will burn 330,000 XRP per year. I heard Citi Bank alone does $4 Trillion transactions. 😅

[@pauljohnson3219]

Burning 300K XRP a year would still last 300,000 years though...(@100 billion total supply)

[@christianjoseph7367]

^this...its going to take like 70k years even with mass adoption to burn through XRP. The burn is not going to drive price action.

[@jamil1985]

@@pauljohnson3219 you haven't read the full message.

[@hulksmash6858]

Who taught you math?

[@UncleDickeysRandomLife]

Ripple has 40% of the supply

[@leomeer]

What I don't understand is why we always calculate the price of an XRP coin in fiat USD. I mean, why would someone want cash out in fiat currency if it has no value?

[@halftime814]

Well for rn the US dollar is still on top for now we can't really compare it nothing else unless u wanna put all it in to gold or sliver

[@optimalvascularhealth5018]

$1 Billion times .01 would not be $1.1 billion but $1.01 Billion growth rate

[@manashat6534]

Jeez u need a doctor .01 .1 anything with a b that point doesn't matter. Because u way deep in the money. Lol

[@sweeneyb52]

It's up 8500% since the start which was 190 months ago, 8500/190=44.7. It's a crude way of looking at it but just to maintain this number puts a growth rate of 44% on average. So maybe a 75x4 $300,000+ XRP is in order.

[@raveeffect]

I love that, “stay emotionless” meanwhile the guy is visibly jittery cause he is so excited lol. Love the energy man, thanks for keeping me informed, videos like this keep the rocket going.

[@peter4237]

My thought on that is they would force a buyback by then they're never going to let us get $7,500 per xrp I feel like they'd force a buyback best case scenario $100 a piece just my opinion

[@Wolfmanjc-e3f]

Legally they cant do that

[@DethelMateo]

Where is this document? I would like to read it. Thanks.

[@TruthHealsUs]

0:25 bro STOP THE CAP It’s imperative that influencers are properly educating their following. A “stable coin” is defined as a coin that can be transferred between parties without valuation slippage during the transaction. Since some tokens of value like XRP are transferred virtually instantaneously there isn’t slippage in value. Mechanically they’re stable coins. They’re not pegged, nor ever will be, to a specific price.

[@k-loeblack6623]

You can't use 1500 tps as a factor. That is the maximum number of transactions possible. You would have to use what the XRPL is currently processing, which is 900 tps. Then, the factor in what that growth would be, as well as the potential need to scale the amount of tps which the XRPL theoretically could process 10K tps.

[@charlesvaldez]

Hasnt the TPS been revealed to actually be 3500? I may be wrong...but I saw that figure somewhere.

[@andyman1032]

based on your price prediction i got £38 million quid coming my way lets hope your predictions come true but lets see very very sceptical

[@megabuxman93]

I'd be ecstatic if it maxed out at $1000. 😀

[@mrme9517]

PEANUTS

[@whowantstoknow8492]

lol it can't even hit $1

[@herbey79]

You’ve assumed that the daily volume is constant and multiplied by 30 to get an assumed monthly figure. You need to check all 30 days to get an accurate starting amount

[@usa91787]

Plus, multiply by more than 1 year.

[@jupitereye4322]

Yup, I am pretty sure volumes fluctuate depending on the season, macro movement, currency rate changes, many different factors.

[@djgoliday]

True but if it's even close to any of these numbers... the future will be bright for us holders

[@ManiacalManiac]

Except one thing to consider is the speed at which XRP will settle transactions. Meaning the volume will be exponential from the current system allowing for more volocitity. But yes there would be fluctuations. That should be a given but this video was just a mathematical thought experiment. To gauge a range

[@malloycade8626]

​@scottroper8134 the more transactions, the higher the value

[@georgeratkovich7161]

Have you considered the continued release of XRP into the circulating supply? The total circulating supply is now at 52.7 BILLION and INCREASING. This is the elephant in the room that no one has any idea how to deal with. There has yet to be a token with tens of billions of coins in its circulating supply that reached any significant value. Most are stuck under $1.00.

[@modgarden]

So 700 to 7000….which is still pretty good….The other thing is that I think it will be 10% anyway. So, 7K to 70K….

[@MikeStJacques]

I'm a new owner of XRB. What stops the powerful international banks from making their *own version* of XRP?!?

[@brukutu99]

Your line 2 is wrong. 1.1B is a 10% growth not 1%. On 3 you are also assuming that it will be at 1500 transactions per second the whole time. 100% capacity 247. If you correct line 2 and assume 100% network use, you have divide your calculated value by 10.

[@lefullhouse]

You are not wrong about XRP needing to be stable to work. Right now, XRP and every other crypto out there are not good for any type of payment systems. They are too unstable, they are not liquid at all, the exchange fees will make you lose even more money. Any crypto right now hoping to be used as a payment system is a pipe dream. So even if XRP eventually becomes "stable", it is still not any better than other cryptos as a payment system.

[@stevenjennings5160]

Do a video on the tokenomics of XRP. The amount Ripple releases every few months is astounding

[@LetsGetBiblical207]

Boost that volume lewlew, Some of us are driving big rig diesel trucks and can't hear this while we drive....lol

[@noahpuite4018]

Burn rate means deflation. So growth and burn rate both get the price up.

[@terrabusinessLLC]

UNFORTUNATELY.... There is not and will not be a set price

[@michaelcarmean4906]

Maybe 🏦 Just To Start… Remember For XRP To Be Cheap And Move At The Speed Of Light It Has To Be Valued @ $1,000,000

[@apolloneils2727]

That's the spirit ! 😋

[@halftime814]

This guy gets it keep telling ppl that xrp will have to be very very high in price to make that supply last long but ppl just can't rap they head around what they actually holding can reach that..which I understand cause we ain't never seen anything like this before

[@robtriton]

Does this take in consideration that Ripple recently joined "ISDA?" Because the ISDA derivatives market is estimated to be over 1 quadrillion dollars.

[@christineervin7032]

What number do you get?

[@Adam-mo2qw]

Absolutely don't believe it. But holding my xrp just in case you are right 😆

[@jupitereye4322]

But hold on... if an institution buys XRP and settles these transactions in XRP units, of course, institutions between themselves can set the price of one unit to any amount. You and I can say that between ourselves, and a few other people maybe, XRP is valued at 10k or 20k, and that is how we calculate our transactions. Everything outside of our trading can be valued differently. It seems to me that this calculation of yours only works in the way you describe it if EVERYTHING connected to an XRP is connected and settled to each other. And why would it all be unified anyway? It's not like XRP is the only cryptocurrency available. I hope you are right, but I am very skeptical of the whole thing.

[@tynriggs1]

No they have to buy XRP just like we do on exchanges hence the future price.

[@nicholasowens2351]

NEXT GREAT VIDEO --- keep the 7k caluclation, and add 10% of the derivitives market - what price is that ????????????

[@rayhowell7002]

Thanks for all your research 🧐 and informative show. We appreciate you Lew Lew 👍

[@dannybiron1252]

Lewis it's number 4 on your list

[@ulrichsherry7092]

It's not a ridiculous notion. To resolve all the problems around the financial world, why wouldn't they create a high value token...as opposed to a low value one. If they have the tech, Win Win!

[@LosingMyMindCrypto]

You will either have people fainting right now, their brains unable to comprehend what you just said..... or saying to themselves....IMPOSSIBLE! I am open to all possibilities, such you have mentioned in previous videos. Plus you always mention Caleb & Brown so people can prepare...great video....

[@elihujones6383]

1500 TPS is a max value as well. I'd assume that value changes to 75-80% efficiency.

[@monkeyboy0876]

Is your MTV value correct when performed your calculation? Should it have been the $28B?

[@HapiestLitttlePlaceInTheGalaxy]

Incorrect! If you do $1B one month and your R is 1% (0.01), your next month is not $1.1B, as that is a 10% rate increase month over month. Also, the burn rate isn't based on price, it's based on transaction. The burn rate for a $1 transaction is the same as for $5, thus the % burn rate is variable based on # of transactions, not price($).

[@positivetrends1]

You were going to link the World Bank Document in comments or description…I have the BIS document would be interested in the World Bank doc too pls

[@paulblack1959]

nice work, God bless you Lewis

[@p.a.93]

Max transactions per second does not mean that many transactions are completed every second.

[@AI_CANISTER]

Did you consider totally supply???

[@RickMichielin-ne8jb]

Lewis your assessment is100% spot on great work!!

[@walterjones7212]

Before I retired 3years ago I challenged myself to put away 50% of my monthly income into stocks which is quite easy since I lived frugal without debt.I work as an account executive,and I make over $200,800.$100,000 goes into dividends and the other $100,000 goes to my living expenses, I am seeing improvements in my portfolio, dividends look certain,but I have to attribute this to only guidance of a licensed wealth strategist who allocates funds to a plenitude of assets, I have to stay discipline and remember that I am in this for a long term,recently got my first property and looking forward to get another soon.good luck everyone and thanks for the wonderful video

[@nellyther5017]

If 1 XRP has 1,000,000 points how can you know the transaction cost is going to be 0.00001 of an XRP ?

[@silvereagleranch7352]

your math was correct however you visual calculation was not. Your second P should be 28.990.943.450 x 1% -- just my 2 cents

[@iesous444]

burn rate would increase price so why are you saying it would stabilize price against growth?

[@KalElvis]

I admire your study and report, and it's exactly what the Pirate David Schwartz has said in the past.

[@GENXplain]

Burn rate is .00001 per transaction not per dollar amount of the transaction.

[@harrisra4944]

What happens if the xrp held by retail market is only used by retail. Institutions use the xrp held by Ripple. So Retail never gets to play in the institutional markets. So price for retail does not go that high. Bummer. 😢

[@zackbass5126]

There’s only one XRP and only one value for it, regardless by whom it’s being held.

[@jordanfeist2569]

If Chinaa ruled the world it might be so.. but in this world that’s not how things work

[@rpg350]

You can't use 2 halfs of the same token for different prices, completely out of logic. Imagine buying 1 bread packed half fresh and half old , you'll still pay 1 price for bread right

[@stevebondy7924]

Don't take this the wrong way, but where did you get that formula? I don't think it's really calculating what you think it is. The top part of your fraction is multiplying the monthly transaction volume by the monthly growth rate, which gives you how much the volume will grow next month. The bottom part of your fraction is calculating the number of transactions in a month times the burn rate, which tells you the Maximum number of XRP that will get burned in a month. So you're dividing how much the volume grows next month, by the maximum XRP that _might_ get burned in any given month, which doesn't give a price per XRP. In fact, I don't think it gives a useful number at all. I don't have enough understanding of how it all works to come up with anything better, but I wouldn't make any plans based on this calculation.

[@zepher3609]

I'm sorry, but you made a mistake in the 1% monthly increase rate. You said 1B / 1.1B which is incorrect (3:45) it should be 1B / 1.01B the next month. So at 1%, XRP should be $748.23 if your theory is correct.

[@terrytibbs951]

Would there be max transactions every day? (130mil) On the plus side you only need a max of 143 xrp to be a millionaire after we hit 7k per coin.

[@coastlineflyfishing4419]

The TPS is not 1500, it´s 3400. So the price is USD 3289,-

[@Serdar.B]

no i checked is 1500

[@StubbedToeNews]

Blessings all. There are many of us like Lewis who are years ahead . We vibrate at a higher frequency. Every country will be sovereign. Every country will have their own currency. All based on Gold. It's the only equilibrium, along with silver, diamonds and oil. XRP Will! be the bridge! in all trades between Countries/ Financial Institutions 💟 France needs 2 billion bushels of wheat from the US, XRP! ❤

[@handle3179]

You need and are missing the final piece to this equation. At what price with burn last 100 yrs

[@steve9697]

IMHO Marc Philips was the first one to mention an estimated valuation for XRP.... NP. Krgds.

[@LegendaryAllen]

4mins in and your 2nd calculation is wrong. You assuming increase of 1% then proceeded to write down 1.1bill which would be 10%

[@christophernewcombe9524]

At 3:11 if the MGR is 1%, it would go from $1B to $1.01B, not $1.1B (which would be 10% MGR).

[@robertmcgill216]

Is XRP like Bitcoin? Where they can’t add to the supply?

[@dacui1969]

I don’t think there will be that much growth. I believe the price of XRP has already been decided to make the price stable. I don’t think the price will fluctuate that much.

[@SGTMARSHALL1]

I think you forgot to divide the $ 1,000,000,000 daily transactions by the average transaction value

[@Catherine-pz8gp]

I love your theory Lewis!!

[@PhoenixNL72-DEGA-]

Can't follow the how of his formula, nor his calculations.... 969,698,115 * 1% would make 9,696,981.15 ? Or does he mean +1% cause that's a completely different outcome? $249.40795 vs $25190.20309. How did he arrive at $7482.24? Also why does he use the daily transaction value (MTV) but divides it by the Monthly transaction count? And why does it need to be divided by the burn rate?

[@Fernando-xx3vs]

its nice to dream, $7k is never going to happen imo, i'm satisfied with bart prediction of $589

[@x21records93]

bart was fake

[@deecrump2179]

You have to understand that the price "HAS" to be high for it to be able to handle the mult-trillion dollar tokenization of assets that are headed towards the blockchain.

[@naturelover-r7q]

Its fake wach original episode

[@oxygen635]

For it to be actually used by banks as a cross border payment system, it has to be over 5k at some point. People never thought that their BTC they were buying at $1 was going to 60k either lol, I'm with you tho, when it hits as little as 200 per I can put my "phase one" into play and gtfo 😉

[@halftime814]

Man believes in 589 price but not 7k😂 ik ppl can't rap they head around something like this going to make them that rich ik it be a scary thought

[@DD-gq2jg]

You forgot number of coins in circulation. Currently 52 billion out of a total of 100 Billion.

[@michaelyoung3795]

What’s the value of the assets being used for the transaction? Per your theory they seem to be zero.

[@hoos.crypto]

Lewis, I like your videos and I share them with the pham, but there are often smells of buy back better here. The burn rate of XRP could be a lot more with the advent of burn to mint, see XPOP and Hooks side chain. XRP is not a stable coin, it isn't pegged to any underlying currency or basket of commodities. Its utility as a bridge asset comes from the speed of final settlement which reduces counter party risk to the extent that it can be used a bridge asset. The price calculation that you are using his pure hopium.

[@brianunderwood3109]

Try telling any of this to Moon Lambo. He reviewed this in one of his videos today. He strongly disagrees with any and all of this.

[@SPACEMAN_2.0]

86400 x 1500tps equal amount of transactions per day x 30 days for monthly transactions, so its more transactions to be calculated in...rest to me , is genius wrk

[@isaacm2671]

I never hear anyone talking about how a valuation of this type would affect the total value of ripple as a company. If we take you’re low end estimation of 7k per XRP, and there is an escrow of 50 billion XRP, that would make the escrow worth 350 Trillion dollars. For those playing at home that looks like this….. 350,000,000,000,000. As of today, Apple the company is valued at 2.83 trillion. Let’s just let that all sink in shall we. This is why all of these price predictions are absurd and make you sound like a lunatic. Thank you for coming to my TED talk. 🎤

[@aLGOL4EVER]

Perhaps I'm wrong but I think that MTV should be Monthly Transaction Volume but you used Monthly Transaction Value. Daily number of XRP transactions seem to be ~1000, so MTV should be 30,000 imho.

[@allenthomas2739]

So much fun listening to your calculations Lewis😊

[@ashleymalamute]

There are currently circa 52 billion XRP. Call it 50 billion. An XRP price of $10 would be a market cap of half a trillion dollars. XRP of $40 would be $2 trillion, which is roughly the total amount of $US in circulation. An XRP of $2000 would be $100 trillion, which is the global GDP. Lol Don't forget the max XRP circulation is 100 billion. Double lol

[@RottieBull]

Amazing math calculations with consideration of all the variables I can foresee. Well done and yet another outstanding presentation

[@jeffdonofri8027]

Very reasonable way to look at this. I haven't heard any theories that are better. The only other predictions are based on charting I think. My question is, why should XRP behave based on charting that's based on what?.... stock behavior?? I don't know. Maybe it works but this seems to have a lot more solid rationale.

[@kathyroark9561]

Why burn crypto???

[@michaelyoung3795]

The value of the digital assets being used in the cross border transaction? Your calculation appears that XRP will serve as the actual currency for the transaction, but will only be the medium used to perform the payment. Middle man. Am I missing something?

[@patriotfighter2878]

He's very much wrong .. to determine the price you have to know how much gold is on the ledger & what they set price of gold at ..

[@allowed2know1]

Fascinating and tantalizing contemplation you're bringing to the table today brother 💥😎💥

[@oziprince3352]

wouldn't the burn rate price be relative to the current price, and hence to counter a loss today of 0.000362175 xrp per transaction the price would only have to go up a few cents?

[@CampbellDownie]

error in calculation, 1B x.01 = 1.01 billion so calculation is off by a factor of ten so 700 to 7000

[@Battlered713]

When price 7k?? When lambo???

[@jc.inalberta1451]

Hi there, I'd like to see a currency in that future value you predict with your formula. Unfortunately there are many flaws. First, you assume that transaction volume is equal to number of transactions per day. This assumption is false, you may have one transaction with 969,698 115 USD, how much would it be burn if all this money would be transfer in only one transaction. 0.00001 USD. MTV should the number of transactions not the amount of money transferred. Any ways good attempt. All the best.

[@andevipertraderpfeiffer8787]

I don't know how long it would take to get to such a amazing price or if it even actually will but my God with all the connections that are being made through Ripple with the utilization of xrp it's just a matter of time before we see some growth that you can't even truly imagine that is why my motto HODL that ODL

[@richardkrottje2546]

How and where could you pay out f.e. 1.000 XRP at a price of 7K? Who will buy these XRP's?

[@elpatron8696]

One guy on youtube said including David Swartz that 1 xrp will be worth 1 million. All i can say just hold and forget about it. 2030+ is when we who hodl will see wealth. Its atleast 50% on here that have spent or lost 10/15k gambling or buying some toys. So holding something with the potential to be worth that much i would sleep in a cardboard box and work at McDonald's until my investment payoff.

[@DramaFlashes]

$1.01B for #2 I think?

[@herbrice8933]

This EXCHANGE RATE PEG (XRP) was literally designed to be $XX,XXX.XX digits.

[@justindd6830]

I don't understand all these talks of set price for RP, yes a high price is required for its usecase however if the money isn't there for each XRP how can it be worth that amount?

[@dimosthenis3668]

You calculated wrong the mtv (m), you used the daily figure instead for the monthly one. However your calculation is correct, which means that the mistake was made only by the time you made the video and not during the "real" calculation that you had already made in advance.

[@christineervin7032]

If you use 29 billion what number do you get?

[@HovingtonInstruments]

A very interesting mathematical approach to solve a question … my math are too rusty to cross check, but interesting take on it and from what you are saying it does seem to make sense 👍

[@chaddrj]

1% growth would be 1B X 1.01 = 1.01B. 1.1B would be a 10% growth chief