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RE: Bitcoin (BTC) Morning Update: Classic Vintage Running Flat

in #bitcoin7 years ago

I don't think it's unlikely that BTC shoots at least past $22k in the next few weeks considering New Years money being pumped into it... even though XRP is better short-term gains the market cap/total coin number make it tough to imagine ripple goes beyond $10/coin for a long, long time, bar speculative investment pushing it a little further than its 'natural limit'. Ripple would have to be worth more than the Portuguese economy at $10/coin; more than the Spanish economy at $20/coin

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We are early in the BTC adoption. Dollar cost averaging bros. keep it simple.

XRP will go back to 2 USD anyway before anything more happens

I'm cashing out at $4/coin, if it drops and doesn't hit this I'm just gonna hold infinitely in case it blows back up at some point thanks to future hype...

Good comparison. Someone yesterday pointed out that there is no way XRP goes to 100, because it would then be valued at 100 x 38,739,144,847 (its current circulating supply) which is approximately $3.87T. Yes, trillion with a T!