![](https://investorshub.advfn.com/uicon/707647.png?cb=1555353072)
Wednesday, July 10, 2019 3:41:08 PM
I think 10-20 cents is not likely and sub-penny? Come on, you are confusing this with a empty shell of a penny stock company with no prospects. This is a coin with a use case. If it was fairly priced before the monthly addition of liquidity, then at worst it would be fair to price it after the influx from escrow at ... what? 97.7% of the previous fair price. Correct my math if wrong, but that would be the dilutive effect if you add a billion to an existing supply of 42.5 billion.
Since we are down 11.5% from July 1, there are clearly other factors at work besides dilution (what some people refer to as dumping, or F-ing BS when they are feeling particularly FUDdy-duddy). Liquidity, dilution, dumping, effing sh*z, whatever you call it cannot in and of itself drop this so low. Sentiment, whale-watching, buying the rumor and selling the news, etc., all those things that traders do are going to have much more effect on the price than the eventual 134.74%* inflation of the number of coins over the course of the next 50+ months.
And at the rate they are going, it will be closer to 100 months than 50. Keep in mind, the billion a month has not actually been a billion a month. Over Q1, it was an average of 233 million/month. The other seventy-six and two thirds percent went back into escrow for another 55 months. Anyone else looking forward to the next quarterly report ... due next week?
*57.4b over the 42.6b quoted in a post from David Schwartz from 2 days ago.
My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.
Recent XRPUSD News
- Ripple XRP Gains Weight In SEC Lawsuit After CFTC Chair Says 70-80% of Crypto Are Non-Securities • ZyCrypto • 07/11/2024 12:33:50 PM
- XRP Set To Skyrocket 60,000% On Tightest Bollinger Bands Ever: Analyst • NEWSBTC • 07/11/2024 12:30:45 PM
- XRP Price Poised for a Bullish Path Unless This Support Paves Way • NEWSBTC • 07/11/2024 04:18:41 AM
- Price analysis 7/10: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB • Cointelegraph • 07/10/2024 05:25:27 PM
- XRP Price Set For Comeback: Breaking This Resistance Could Trigger Recovery • NEWSBTC • 07/10/2024 04:28:41 AM
- Crypto Whales Buy The Dip As $22 Million In XRP Flows Out Of Binance • NEWSBTC • 07/09/2024 09:30:57 PM
- Crypto Analyst Predicts XRP Price Crash Fall To $0.07 Amid Triangle Breakdown • NEWSBTC • 07/09/2024 09:35:04 AM
- XRP Price Finds Relief: Will It Break Past $0.45 Amid Numerous Hurdles? • NEWSBTC • 07/09/2024 04:48:24 AM
- XRP Price: Crypto Analyst Identifies ‘Point Of Control’ That Could See A Repeat Of 2017 • NEWSBTC • 07/08/2024 11:00:17 PM
- Price analysis 7/8: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA • Cointelegraph • 07/08/2024 06:56:24 PM
- XRP Gearing Up For Phenomenal Breakout As Legal Expert Reveals Imminent End Date For SEC-Ripple Case • ZyCrypto • 07/08/2024 05:16:26 PM
- Ripple’s Brad Garlinghouse And Mark Cuban To Discuss Crypto At High-Stakes Biden Roundtable This Week • ZyCrypto • 07/08/2024 04:50:24 PM
- XRP Bulls Face Continued Pressure: Key Challenges Ahead • NEWSBTC • 07/08/2024 04:31:03 AM
- XRP Stages A Comeback: Aims To Reclaim $0.50 After Recent Plunge • NEWSBTC • 07/07/2024 03:00:53 PM
- Pundit Predicts Ripple’s XRP Surge To $200 In Case Of “Full Logarithmic Follow-Through” • ZyCrypto • 07/06/2024 10:23:09 PM
- $26 XRP Price Still in View as Ripple CTO Cites its Practical Utility in the Trillion-Dollar Payments Market • ZyCrypto • 07/05/2024 09:56:50 PM
- Buy The Dip? XRP Whales Doing Exactly That – Is A Price Rally Next? • NEWSBTC • 07/05/2024 09:30:16 PM
- Prominent Hedge Fund Exec Blasts Cardano And XRP As “Cult Meme Coins” • ZyCrypto • 07/05/2024 08:55:31 PM
- Crypto Market Sentiment Dives, PancakeSwap Launches zkSync Reward • IH Market News • 07/05/2024 06:33:10 PM
- Price analysis 7/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB • Cointelegraph • 07/05/2024 06:00:43 PM
- XRP Holds Bullish 2014-2017 Pattern Unless This Happens: Analyst • NEWSBTC • 07/05/2024 05:00:17 PM
- XRP Lawsuit: SEC Sticks to $2 Billion Fine on Ripple As Pressure On XRP Soars — Is This Your Buy Signal? • ZyCrypto • 07/05/2024 01:47:03 PM
- Why is XRP price down today? • Cointelegraph • 07/05/2024 08:34:40 AM
- Bitcoin Price Crashes Below $54,000: Top-5 Reasons • NEWSBTC • 07/05/2024 08:00:18 AM
- XRP Price Crashes 15%, Slips Under $0.40: Difficult Recovery Ahead • NEWSBTC • 07/05/2024 03:58:37 AM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM