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January 05, 2018, 05:08:04 PM |
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Just som general conclusions:
High supply and Market cap does not make it impossible to reach a high value. Market cap is only a teoretical figure if all circulating supply would be sold instant at the same time (which is not possible, because the second all sell, price and market cap declines). Meaning the market cap is just a hypotetichal number. If people buy the supply the price will be what the seller decides and the market cap just follows. This is why Ripple can reach 100$. Yes the more supply the slower.
So to make it more clear, if i bought 1000xrp at 1$ and now it is 3$ that does not mean i have invested 3000$. It means someone else could be willing to give me the 3000$ if i sell. But the moment i sell the price is not longer 3$ (translate to big whales that is).
So when you compare and say that the world money is not enough for 100$ xrp you are including all xrp bought before today as if they are bought for current price.
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