Ripple (XRPUSD)

[GreedyAgorist]

Based on current distributed supply of XRP (Ripple's numbers as of July 21) and the max amount of XRP, eventually there will be an increase in XRP of 133%. Is that really worse than any dilution anyone has ever seen with a penny stock? Not to mention the time it will take to achieve this increase in outstanding shares (or coins, that is).

At the current pace of XRP being released from escrow, it will take 14 years to clean out those escrow accounts. However, one should note that there was an increase of about 28.57% in the velocity of XRP release from 2019 Q1 to Q2 (from 700 million to 900 million). If that percentage increase continued quarter over quarter, by this time next year we would be seeing the entire 1 billion per month coming out of escrow and staying out. In which case, the time it would take to empty out the escrow would be 55 months (as it turns out, the exact number of monthly escrow accounts first set up nearly two years ago). That seems unlikely*, so it should be somewhere in between. I think we are still looking at closer to 10 years than 5 years before the escrow accounts are exhausted.

*Indeed, it will be nearly mathematically impossible for it to take less than 70 months.