Re:MoneyGram Signs Deal to Work with Currency Startup Ripple
by bcruddy on Thursday January 11, 2018 @11:33AM
(#16125198)
With 100B XRP eventually in circulation, $10 would give it a preposterous market cap. The current price is based on only 38B tokens in circulation.
[ Parent
| on HN ]
Re:MoneyGram Signs Deal to Work with Currency Startup Ripple
by avenoir on Thursday January 11, 2018 @01:03PM
(#16126072)
1. Nothing is preposterous in crypto. 2. Yes, I said $5 is more reasonable.
Re:MoneyGram Signs Deal to Work with Currency Startup Ripple
by dumbfounder on Thursday January 11, 2018 @12:55PM
(#16125998)
That's only about 12x the market cap now. I am sure the people investing don't think it's anywhere near preposterous to have a $1T market cap.