Its not garnered on fundamentals, its all about market perception.
I have no doubt in my mind that if ripple had less coins on issue it, it would not have gone so well.
People are buying ripple because they think '$2 is cheap' without understanding how market cap works and that there is a maximum supply of $100,000,000,000.
So often I have heard 'bitcoin is $15,000, ripple is only $2!'.... Not taking into consideration the maximum supply of bitcoin is a multiple of 4,761 less...
Not that I own bitcoin either.
- Forums
- International Markets
- Ripple-XRP
Its not garnered on fundamentals, its all about market...
-
- There are more pages in this discussion • 92 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)