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May 05, 2013, 04:08:13 PM |
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100,000,000,000 XRP / 21,000,000 BTC = 4762 XRP/BTC at equal market cap value. Today 1 BTC = 6000 XRP.
OpenCoin has a lot of power in their hands to move the exchange rate. It requires a lot of trust in them to buy at this price even though it is in their interest to keep XRP value high.
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