max supply of 100,000,000,000 XRP so how can xrp reach $5,000 a share with that amount of supply ? Is it even possible to hit $100 with that much supply ??
Why do ppl worry so much about market cap? Also keep in in mind that once it is launched, it will be all used up by the cbdcs and when its being used it gets burned
At the lowest fee acepted you Will need 10k transactions to burn 1.2 xrp. XRPL supports 1500 tps(thats what Is advertised), so in 1 second at Max capacity the burn Will be 0.18 XRP per second, so... You Will only burn 259xrp a day. Hoy many days for you to burn 1 million xrp?
Psst, i'll give a hint, it's about 10.5 years.
ya ive often said the burn will never affect the price in our lifetime
Well if the tx fee keeps increasing, It could start to impact on the long term
can't they add nodes to keep it down ?
my comment was based on the current rate though but i know what you're saying
Even if they add nodes, if the XRPL has to handle More than 1500 tps, then starts the fee bidding wars
You’re only looking at the current market cap of the entire crypto market. Wait until mass adoption. How much money is circulating the globe in fiat, debt and commodities? Over 1 Quadrillion.
Bro really u think that crypto is easy for masses? You imagine all the 60 yo and 50 yo that a lot can’t even use their bank’s ebanking to understand crypto?
Mass adoption as in institutional. Grandpa will still be able to use cash and they will have crypto cards as well.
My husband and I are in 60’s , 70. We buy crypto. 😊. I know a lot of 25, 30, 40 year olds that don’t.
Mass adoption is about the majority, not the minority
Thanks 😊
Yes when it goes to top 2 crypto behind after btc.
Patients Grasshopper, patients.
To make it sound better edit spelling Patience
Didn’t have my glasses on.
Patents grasshoper, not patient.
I know, stupid phone, auto corrected, I didn’t have my glasses on. I know how to spell patience. My phone changed the word, I didn’t have my glasses on so I didn’t catch it.
Patent what? Patience is correct
In the initial post my phone gave the wrong spelling of patience. I didn’t catch it.
You do know most of the money is with the baby boomers and their investing
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