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!!!
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.
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….
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🤦♂️
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.🤔
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 $1. Pretty close to 0.3cents. Anyhow we all know that it will be a high price, but my warning to everyone is that the hackers will find a way of taking your XRP and so now I am working on Phone and Laptop security. Thanks again Lewis for all your hard work and dedication to your members 😊
You're one of the only people who been thinking like me, why would they set the price of an XRP as a whole when transactions can move in fractions of XRP, lets say that they set the price of drops a certain price so instead of the banks sending whole XRP they send drops and the fees stay the same they just change it's name to microdrops.
Individuals are still holding crypto coin and stocks? I didn’t know that , I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it more like capitalization with about 43.307% profits/ ROI weekly though.. ps.. Jo collier got me covered thanks
Let's have another point of view! Stable coins mean's the price between the sender and the receiver is the same, minus the fees related to the transaction. Then no matter what the price of XRP if is 1$ 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.
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
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?
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.
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?
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
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.
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. 😅
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.
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.
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
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
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
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.
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.
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.
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.
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
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!
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. 😢
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
If there Re 100 billion xrp on the table, and each one can transact 1500 transactions per second, and each transactioms takes one to three seconds. 100 billion x 1500 per second is a s**t ton of transactions. With each one beking ready to transact again in about 3 seconds. Hmmmm
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.
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.
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....
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 $5, thus the % burn rate is variable based on # of transactions, not price($).
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.
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 😉
Thanks, Lewis. What about how much xrp Ripple releases on the market? That inversely affects the price, like what’s supposedly going on now with this dip?
Hello Lew. Thsnks for your contrnt. If transaction time is only 3 or 4 secs then the xrp can re used a gazillion times i worry does this make the value much smaller? Also is the xrp in circulation being used or is it the escro being used for ODL and tokenization etc. ? Or is it up to institutions to buy xrp or is it pre allocated or is there a separate pool? Also can u let me know where i can see the 24 hr podcast? Thanks again for your interesting content. . R
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
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 👍
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! ❤
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.
Math is a little off you would have to calculate the bottom down to the second and not the daily trading volume increasing will be the biggest factor in the price increase as the tokens will need to be worth more as more money is being transacted but either way the price is going up
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.
$100 would be amazing!!! And out of reach at this moment in time 😭 Never in my wildest dreams would I ever think of prices like that !! But I can pray 🙏
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.
If you can calculate the growth rate for the past, lets say 2 years month to month, then that should give you an approximate growth rate for the coming months/years but that % could be more given the recent win against the SEC.
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.
