Before $7000 XRP most of the people in chat would sell around $1.40.

$1B per month + 1% growth rate does NOT equal $1.1B. It equals $1.01B.

@maroonmedia2000

9 ай бұрын

I also noticed that he did wrong 😊

@Greg1g7126

9 ай бұрын

What's $100 million?, give or take/

@ManiacalManiac

9 ай бұрын

Close enough!

@roycewilliams1360

9 ай бұрын

I posted the same thing. lol did not see your post first. At least you and I understand math.

@SL-yd8ri

9 ай бұрын

Saw that too immediately

Nice speculation, I would not mind 7000$. For now I like to see monthly close over 1$.

@abdalhaqq9465

9 ай бұрын

Or just hold on from sliding further down 😢

Do not ever sell your XRP

If it’s 1M drops in ONE xrp, and one drop is worth ONE cent, that’s a $10,000 xrp price for ONE token. I think this is where that $10,000 price came from.🤔

@MasterPaul

9 ай бұрын

My calculation came to the same result. I remember someone from banking mentioning that they sent $50M on XRPL at a cost of 30 cents. If we took that $50M and divided it by an estimated price of $10K you would need 5,000 XRP to be used in the transaction. When you multiple 5,000 x price of each token 0.0002, you come out with a figure approx $1. Pretty close to 0.3cents. Anyhow we all know that it will be a high price, but my warning to everyone is that the hackers will find a way of taking your XRP and so now I am working on Phone and Laptop security. Thanks again Lewis for all your hard work and dedication to your members 😊

@CHIM3RA.

9 ай бұрын

You're one of the only people who been thinking like me, why would they set the price of an XRP as a whole when transactions can move in fractions of XRP, lets say that they set the price of drops a certain price so instead of the banks sending whole XRP they send drops and the fees stay the same they just change it's name to microdrops.

@engelstody7171

9 ай бұрын

Individuals are still holding crypto coin and stocks? I didn’t know that , I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it more like capitalization with about 43.307% profits/ ROI weekly though.. ps.. Jo collier got me covered thanks

@kareem2457

9 ай бұрын

Thank I’ve been telling folks this but MC nonsense comes to play

Great content mate, people don’t want to believe XRP can go to 4 digits and beyond maybe you could show or talk about some examples of the thousands of people that bought bitcoin and are now worth hundreds of millions, no one talks about it enough… I was offered btc for $65 and thought no way would it even double and what a waste of money… I realised I missed a huge opportunity that I thought would never happen again. XRP is a once in 4 life times opportunity….

@halftime814

9 ай бұрын

Got a friend at who won't invest in xrp cause he doesn't believe banks and countries building there new financial system on the xrp blockchain he got all his life savings in eth🤦‍♂️

@adrianriley1939

9 ай бұрын

@@halftime814 Ouch 🤦🏻‍♂️

@ryan_drums

9 ай бұрын

Unreal coping

@cameronjones2778

8 ай бұрын

I regret not buying BTC back in the day at $1.30 each. Was going to buy $100 of it but then thought I was crazy. Could have transformed my life.

The real value of XRP is approximately $ 1 000 000 per XRP at the current monthly growth rate, discounting how long it can last, at the time of typing this comment. That's fairly conservative by the way. I factored in how long it can last, which is 70 000 years at the current burn rate of 0.00001 XRP and got close to $ 4 000 000 per XRP. This baby needs to be ultra expensive in order for it to last. Remember, it does billions of transactions per month. The burn rate is constant. If the price is very high, there's a whole lot more worth in a drop than when XRP is cheap. Also, as the nodes increase due to transaction growth, the price will skyrocket, obviously. Also, people say XRP needs to be backed by commodities. Sure, it can be a derivative, maybe that's why they joined the ISDA. But it does not need to. It's pure essence is it's value, it's liquidity. It's just a bridge and store of value. It will be backed by what will be running on the XRPL. Deriving it's value from commodities as a derivative like backing it with gold will only complicate things. Ripple joined the ISDA so that it could get all that value juice onto the XRPL and have XRP act as a derivative contract. So a car tokenized on the XRPL will be represented by however much the worth of the car is relative to the price of 1 XRP. This NFT will be a derivative contract called an Option contract, where the owner of the NFT will have the right to sell the car (NFT) and any other market participant to buy the car (NFT) at a predetermined date. Or it can be used for Commodity Swaps as CBDCs will be backed by gold and/or other commodities. I can give many examples. XRP WILL BE THEEEE SUPER DERIVATIVE ASSET. The CBDCs will be backed by gold, and will run on whichever network it commands at the time depending on the transaction type and the type of value being transmitted on the network. XRP IS A DERIVATIVE. IT WILL DERIVE IT'S VALUE FROM THE ASSETS THAT WILL BE RUNNING ON IT. Hence it will be a stable coin because even if people sell in hopes of making money (which they will), they'll just be exchanging value for value. And the stabilization mechanism which is the dichotomy between the burn rate and the transaction fee, will always keep the price stable.

I love your theory as I’m sitting here wondering how I going to pay the bill next month and I’m sitting on 30,000 XRP and I don’t want to sell😩

@djgoliday

9 ай бұрын

Aren't we all 😩

@BLESSED1591

9 ай бұрын

Pay your bill, the price will be dropping down a little soon. We haven’t even touched regulations. Buy back in when you can!!

@RealityTrailers

9 ай бұрын

Almost feel sorry for ya (almost)🤑

@clydejr6065

9 ай бұрын

Patient out time will come 💰 🤑

@learningcoins8872

9 ай бұрын

I hear you but, take care of your immediate moment... There's always pull backs... I would suggest you take out what you need & buy the dip... & DCA (dollar cost average) in when you can. Not Financial Advice!!!

If XRP remains at the current price and it does trillions of transactions, then it will burn very fast, the point of XRP is to last a very long time. So XRP needs to reach a value where the burn rate becomes extremely slow and low. Otherwise just a Trillion dollar transaction per day on the current price of XRP ... approximately it will burn 330,000 XRP per year. I heard Citi Bank alone does $4 Trillion transactions. 😅

@pauljohnson3219

9 ай бұрын

Burning 300K XRP a year would still last 300,000 years though...(@100 billion total supply)

@christianjoseph7367

9 ай бұрын

^this...its going to take like 70k years even with mass adoption to burn through XRP. The burn is not going to drive price action.

@jamil1985

9 ай бұрын

@@pauljohnson3219 you haven't read the full message.

@hulksmash6858

9 ай бұрын

Who taught you math?

@doyouevengrowbro

9 ай бұрын

Ripple has 40% of the supply

Let's have another point of view! Stable coins mean's the price between the sender and the receiver is the same, minus the fees related to the transaction. Then no matter what the price of XRP if is 1$ or 10K. The xrp is already stable because it takes a few seconds to move and the price doesn't have time to change in between.

@steph_nyc

9 ай бұрын

The higher the price the more efficient and liquid XRP is...that's why David Schwartz said XRP can't be dirt cheap and describes a scenario where XRP could reach $120 and beyond if you had many factors to it. So no, your perspective is not correct

@ColofulThought

9 ай бұрын

Serious Q- but if xrp was used in the cross boarder transactions, wouldn’t this tie up xrp thus limiting the amount of xrp that is available on the market? Wouldn’t this increase the demand/value of each xrp?

@ColofulThought

9 ай бұрын

Also xrp is burned

@pppppp549

9 ай бұрын

​@@ColofulThoughtat this speed it will take 70 000 years

@kathyroark9561

9 ай бұрын

Even at the percentage of less than a penny....the amounts cant ne identical or it would br totally free

David Schwartz said it needed to be a large $ number for XRP to work. I'd be happy with the 1% growth rate TBH

Thanks for all your research 🧐 and informative show. We appreciate you Lew Lew 👍

nice work, God bless you Lewis

I love that, “stay emotionless” meanwhile the guy is visibly jittery cause he is so excited lol. Love the energy man, thanks for keeping me informed, videos like this keep the rocket going.

Where is this document? I would like to read it. Thanks.

If calculating MGR with 1B$ as basis and assuming 1% monthly growth, the next month would not be 1.1B$ but 1.01B$. 1.1B$ is 10%

@woofolliesmydog8628

9 ай бұрын

Correct

@bryngriffith

9 ай бұрын

thats why i was thinking

@nickcrypto1639

9 ай бұрын

Yea, 700 to 7000

@grahamturner5176

9 ай бұрын

That’s what I thought. His calculations would be $700 -$7k

@oscarestevez613

9 ай бұрын

Yes 700 to 7000. Still not too shabby.

So much fun listening to your calculations Lewis😊

What I don't understand is why we always calculate the price of an XRP coin in fiat USD. I mean, why would someone want cash out in fiat currency if it has no value?

@halftime814

9 ай бұрын

Well for rn the US dollar is still on top for now we can't really compare it nothing else unless u wanna put all it in to gold or sliver

Fascinating and tantalizing contemplation you're bringing to the table today brother 💥😎💥

Looking forward to this one!

I love your theory Lewis!!

It's up 8500% since the start which was 190 months ago, 8500/190=44.7. It's a crude way of looking at it but just to maintain this number puts a growth rate of 44% on average. So maybe a 75x4 $300,000+ XRP is in order.

Hasnt the TPS been revealed to actually be 3500? I may be wrong...but I saw that figure somewhere.

Love the content man. Great work as always. It’s going to be years before we get to prices like this but worth the wait.

Amazing math calculations with consideration of all the variables I can foresee. Well done and yet another outstanding presentation

$1 Billion times .01 would not be $1.1 billion but $1.01 Billion growth rate

@manashat6534

9 ай бұрын

Jeez u need a doctor .01 .1 anything with a b that point doesn't matter. Because u way deep in the money. Lol

You were going to link the World Bank Document in comments or description…I have the BIS document would be interested in the World Bank doc too pls

You can't use 1500 tps as a factor. That is the maximum number of transactions possible. You would have to use what the XRPL is currently processing, which is 900 tps. Then, the factor in what that growth would be, as well as the potential need to scale the amount of tps which the XRPL theoretically could process 10K tps.

Thanks, Lewis. What about how much xrp Ripple releases on the market? That inversely affects the price, like what’s supposedly going on now with this dip?

Interesting analysis. Thanks!

Absolutely Brilliant Lewis!!

My thought on that is they would force a buyback by then they're never going to let us get $7,500 per xrp I feel like they'd force a buyback best case scenario $100 a piece just my opinion

@Wolfmanlj

9 ай бұрын

Legally they cant do that

awesome content as always

You're brilliant bro. Thank you

Boost that volume lewlew, Some of us are driving big rig diesel trucks and can't hear this while we drive....lol

I love your calculations Lewis. That will do just nicely

Is your MTV value correct when performed your calculation? Should it have been the $28B?

1500 TPS is a max value as well. I'd assume that value changes to 75-80% efficiency.

Lewis your assessment is100% spot on great work!!

Did you consider totally supply???

Good work Lew

I like your thinking and really hope it does work out! What time scale are you thinking? Cheers Lew

@whowantstoknow8492

9 ай бұрын

20 years probably

@ManofLiberte

9 ай бұрын

2030 upwards

A very interesting mathematical approach to solve a question … my math are too rusty to cross check, but interesting take on it and from what you are saying it does seem to make sense 👍

What about the fact that the settlements complete in seconds, then the same tokens are reused in the next transaction? I've been looking for this answer with logical factual info and you are showing the closest concept in my book. The only thing not showing is the reuse of the token and some will be tied up longer, but how does that factor in? Any thoughts?

Love your content Lew

Great Analogy

Math is a little off you would have to calculate the bottom down to the second and not the daily trading volume increasing will be the biggest factor in the price increase as the tokens will need to be worth more as more money is being transacted but either way the price is going up

I'd be ecstatic if it maxed out at $1000. 😀

@mrme9517

9 ай бұрын

PEANUTS

@whowantstoknow8492

9 ай бұрын

lol it can't even hit $1

What about the inflation rate

The value of the digital assets being used in the cross border transaction? Your calculation appears that XRP will serve as the actual currency for the transaction, but will only be the medium used to perform the payment. Middle man. Am I missing something?

Interesting.....I will take any of those prices 😊

Hello Lew. Thsnks for your contrnt. If transaction time is only 3 or 4 secs then the xrp can re used a gazillion times i worry does this make the value much smaller? Also is the xrp in circulation being used or is it the escro being used for ODL and tokenization etc. ? Or is it up to institutions to buy xrp or is it pre allocated or is there a separate pool? Also can u let me know where i can see the 24 hr podcast? Thanks again for your interesting content. . R

@v3dsltd157

9 ай бұрын

I think it does, these price predictions don't take this into account... the real price isn't massive if it can be reused 3 seconds later

@jaysalbhatt2501

9 ай бұрын

resuing would increase the transaction costs

@malloycade8626

9 ай бұрын

I'm betting use is a price factor within the coins algorithm

Growth rate possibly exponential, as in y=logx

That's the range I've always thought was necessary

😂😂😂😂😂😂😂 Lew Lew sez, “Get excited and stay emotionless!” Well, Lewis, which is it? 🤨 Good mathing here!

Thanks for your input and perspective! Unfortunately, the majority will have sold way long before this comes to fruition. 😅

Burn rate means deflation. So growth and burn rate both get the price up.

Love it 👌🏻

You’ve assumed that the daily volume is constant and multiplied by 30 to get an assumed monthly figure. You need to check all 30 days to get an accurate starting amount

@usa91787

9 ай бұрын

Plus, multiply by more than 1 year.

@jupitereye4322

9 ай бұрын

Yup, I am pretty sure volumes fluctuate depending on the season, macro movement, currency rate changes, many different factors.

@djgoliday

9 ай бұрын

True but if it's even close to any of these numbers... the future will be bright for us holders

@ManiacalManiac

9 ай бұрын

Except one thing to consider is the speed at which XRP will settle transactions. Meaning the volume will be exponential from the current system allowing for more volocitity. But yes there would be fluctuations. That should be a given but this video was just a mathematical thought experiment. To gauge a range

@malloycade8626

9 ай бұрын

​@scottroper8134 the more transactions, the higher the value

Doesn't the number of XRP change in the process? Suppose I have 10k xrp now but if the fraction is burned on a daily basis and the value will remain the same or higher (as of market cap I assume) then the amount of coins must be reduced proportionally, no?

wouldn't the burn rate price be relative to the current price, and hence to counter a loss today of 0.000362175 xrp per transaction the price would only have to go up a few cents?

Well done

Very very interesting. I like the way you think. I'm now joining your channel.

Would it be possible that there is platform containing 1.6e16 xrp

burn rate would increase price so why are you saying it would stabilize price against growth?

You have a time frame love your analogy

Don't take this the wrong way, but where did you get that formula? I don't think it's really calculating what you think it is. The top part of your fraction is multiplying the monthly transaction volume by the monthly growth rate, which gives you how much the volume will grow next month. The bottom part of your fraction is calculating the number of transactions in a month times the burn rate, which tells you the Maximum number of XRP that will get burned in a month. So you're dividing how much the volume grows next month, by the maximum XRP that _might_ get burned in any given month, which doesn't give a price per XRP. In fact, I don't think it gives a useful number at all. I don't have enough understanding of how it all works to come up with anything better, but I wouldn't make any plans based on this calculation.

If you can calculate the growth rate for the past, lets say 2 years month to month, then that should give you an approximate growth rate for the coming months/years but that % could be more given the recent win against the SEC.

Lewis could I ask you, why everybody say that xrp can’t be valued over 5$ -10$ usd? Because of market cap? WhT you think about that

Get excited and stay emotionless!!!

Is XRP like Bitcoin? Where they can’t add to the supply?

Love your enthusiasm lol fair play to you as it sits at 48p...... gotta remain positive and I'm sure eventually whenever that is we will be rewarded for perseverance lol 👍🙏

What’s the value of the assets being used for the transaction? Per your theory they seem to be zero.

Did he said next year this will be happening?

Absolutely don't believe it. But holding my xrp just in case you are right 😆

Your line 2 is wrong. 1.1B is a 10% growth not 1%. On 3 you are also assuming that it will be at 1500 transactions per second the whole time. 100% capacity 247. If you correct line 2 and assume 100% network use, you have divide your calculated value by 10.

Lewis, I have thought for some while that the burn rate will be the most important factor for XRP price determination. This is following the volatile period driven by sentiment, which will come once mainstream media and legacy financial instituions advocate for XRP adoption. Once utility is the main driver, there can never be a 'settling' of the XRP price at a higher point. Rather, the XRP price has to follow an exponential function because of the burning, which will look like an acceleration of price movement over time ...

@gliu0567

9 ай бұрын

I like where you're going with this but will you spell out the rest as I am learning? Thanks!

Great when will it happen?😮

Very reasonable way to look at this. I haven't heard any theories that are better. The only other predictions are based on charting I think. My question is, why should XRP behave based on charting that's based on what?.... stock behavior?? I don't know. Maybe it works but this seems to have a lot more solid rationale.

If those figures are right am selling at 5k+, as for reading documents one should read near the end as the above is always boring, the bottom end is the actual blueprint, my ?? Is when is those figures likely to happen?? Is it after " flip the switch" ??? If your theory is correct I will buy an organic pint of the good stuff!

Bloody hell ❤......liking this

Can you explain burning xrp? Like what is it? Why is it needed and how does it work. The supply is limited so how does burning it help for a future use? Maybe I'm confused and maybe you can clarify?

@deanskidmore4495

9 ай бұрын

less supply more demand means price increase

@chrisbarker2554

9 ай бұрын

Burn even at a small cost stops the network being attacked (ddos) slowing it.

Ok would be when they flip the switch??🤔🤔🤔

Oh my days this is going to break the internet 🤯 this makes so much sense but also creates many more questions 🙏❤️

based on your price prediction i got £38 million quid coming my way lets hope your predictions come true but lets see very very sceptical

Perhaps I'm wrong but I think that MTV should be Monthly Transaction Volume but you used Monthly Transaction Value. Daily number of XRP transactions seem to be ~1000, so MTV should be 30,000 imho.

At 3:11 if the MGR is 1%, it would go from $1B to $1.01B, not $1.1B (which would be 10% MGR).

I don't understand all these talks of set price for RP, yes a high price is required for its usecase however if the money isn't there for each XRP how can it be worth that amount?

Would there be max transactions every day? (130mil) On the plus side you only need a max of 143 xrp to be a millionaire after we hit 7k per coin.

Have you considered the continued release of XRP into the circulating supply? The total circulating supply is now at 52.7 BILLION and INCREASING. This is the elephant in the room that no one has any idea how to deal with. There has yet to be a token with tens of billions of coins in its circulating supply that reached any significant value. Most are stuck under $1.00.

what do you think about new paypal stable coin?

Stable meaning all the money, then burn rate countered by economic growth and debt erasing and deflation... Also Crossborder is one sector, derivatives another, credit cards is another, bonds is another. And high value GDP transfers

XRP is lent out for settlement. Can this be fixed by NFTs..

Nice!!

You will either have people fainting right now, their brains unable to comprehend what you just said..... or saying to themselves....IMPOSSIBLE! I am open to all possibilities, such you have mentioned in previous videos. Plus you always mention Caleb & Brown so people can prepare...great video....

You need and are missing the final piece to this equation. At what price with burn last 100 yrs

error in calculation, 1B x.01 = 1.01 billion so calculation is off by a factor of ten so 700 to 7000

0:25 bro STOP THE CAP It’s imperative that influencers are properly educating their following. A “stable coin” is defined as a coin that can be transferred between parties without valuation slippage during the transaction. Since some tokens of value like XRP are transferred virtually instantaneously there isn’t slippage in value. Mechanically they’re stable coins. They’re not pegged, nor ever will be, to a specific price.

Lewis it's number 4 on your list

Surely but the question is when???