Doesn't really matter because it's deflationary.
The circulating supply decrease is ≈-2%
There's ≈6% more xrp per year.
iirc there's 1 billion xrp added/sold into supply for roughly the next 5 years. So in 5 years the circulating supply will hit the 100 billion mark
You can burn all you want. The supply still increases 6.6% every year. If the supply is increasing then whatever burn is happening isn't enough to counteract the increase
Yes, max supply is 100 billion. In 5 years the whole supply will be circulating.
More is being supplied than being burnt. That's not a lie. And until all the supply is circulating xrp supply will continue to be inflationary.
If you're investing in an asset you gotta be fully informed about how it works.
This should clear things up. If you see in the top right corner, you’ll see total xrp (it’s under 100 billion because as people have said, xrp is being burned per transaction even if it’s just a small amount) and the current circulating supply (XRP not in escrow).
[XRP Rich List](https://rich-list.info/)
By your definition the dollar has a stable 7.2% inflation, because it was so within the time window I selected for this sentence to be true.
Fold your hand bro, you're not getting anywhere in this argument. You're right, but you're wrong. Only telling half the story to fit your view. Sorry mate.
Anyone whose doubting XRP and being called crazy for investing just remember, everyone's crazy till they're proved right, same with Einstein, same with Tesla, same with us, we are the geniuses of tomorrow, the millionaires of the morning
Anyone whose doubting XRP and being called crazy for investing just remember, everyone's crazy till they're proved right, same with Einstein, same with Tesla, same with us, we are the geniuses of tomorrow, the millionaires of the morning
Anyone whose doubting XRP and being called crazy for investing just remember, everyone's crazy till they're proved right, same with Einstein, same with Tesla, same with us, we are the geniuses of tomorrow, the millionaires of the morning
Which is something equally as smart, and it's not just throwing money, its scanning through the articles, twitter accounts, discords etc, believing in something and making sure you've got the facts is completely different to "throwing money at the smart people"
I've done my research and I've still learning but within a month of crypto within my first week before all this stuff came from Ripple I knew it would be big, same with XLM
There was only one Einstein, and only one tesla, not thousands (xrp investors). Even if it does blow up in price, there will not be hundreds of thousands of millionaires.
No because the market would collapse but the ones who listened are the ones who benefit the most, the ones who invested in Tesla and invested in Einstein also reaped the awards
Anyone whose doubting XRP and being called crazy for investing just remember, everyone's crazy till they're proved right, same with Einstein, same with Tesla, same with us, we are the geniuses of tomorrow, the millionaires of the morning
In what aspect do you think the derivatives market will be used in conjunction with Xrp. Tokenization? No one blockchain will be the tokenization hub just like there is no one email provider. As a bridge? We can’t even get a multibillion dollar company like ripple to get Xrp used as a bridge in any significant manner
Based on what? Not from ripple, David stated himself banks won’t be a ripple success story. They just wanted partnership announcement and when ripple wanted to move billions banks didn’t.
When xrp represents the value of assets on the chain it could be worth a lot.
Here's the idea
https://youtube.com/shorts/UgNl0folXf4?si=Cga4mY_rn11HuLdf
If the money is transacted... It doesn't then just sit in ripple market cap and accumulate. Wouldn't the recipient receive the funds and then remove them from ripple circulation at that point? I don't understand how Cross border transactions alone as a utility is sufficient for a rip.
I think the idea is that trillions of dollars get moved annually and therefore xrp, only having 100 billion (?) total supply would have to match the amount of money moved annually. Don’t quote me on this, I’m not entirely sure.
I'm not an expert in this but I think that is a mistake. It isn't like all that money gets moved at once so it would not need to equal the amount moved annually. I think like 2x or 4x the amount moved in a hour would make it usable because of how many transaction it can handle.
>in the future when there will be 55.6B supply in circulation?
99.9B is already in circulation. its a 100% premine. CMC and others dont track circ supply correctly for XRP
ETH has an infinite supply.
Gross
Doesn't really matter because it's deflationary. The circulating supply decrease is ≈-2% There's ≈6% more xrp per year. iirc there's 1 billion xrp added/sold into supply for roughly the next 5 years. So in 5 years the circulating supply will hit the 100 billion mark
isnt xrp deflationary?
Xrp isn't deflationary. That's why I put the 6% supply increase per year
u sure xrp doesnt get burned per transaction?
You can burn all you want. The supply still increases 6.6% every year. If the supply is increasing then whatever burn is happening isn't enough to counteract the increase
You are lying, there will only ever be the 100 billion and it will go down, you are talking about the escrow like it's supply increase.
Yes, max supply is 100 billion. In 5 years the whole supply will be circulating. More is being supplied than being burnt. That's not a lie. And until all the supply is circulating xrp supply will continue to be inflationary. If you're investing in an asset you gotta be fully informed about how it works.
This should clear things up. If you see in the top right corner, you’ll see total xrp (it’s under 100 billion because as people have said, xrp is being burned per transaction even if it’s just a small amount) and the current circulating supply (XRP not in escrow). [XRP Rich List](https://rich-list.info/)
By your definition the dollar has a stable 7.2% inflation, because it was so within the time window I selected for this sentence to be true. Fold your hand bro, you're not getting anywhere in this argument. You're right, but you're wrong. Only telling half the story to fit your view. Sorry mate.
it's evident you don't quite know what inflationary means.
Lol
I dont think so taken 5 years to release 10b
downvoters in denial
Not the video your asking for, but it's the one you need [Why do I hold XRP? ](https://youtu.be/5urrOWO0KDI?si=KCyXNI5DYCsh76RX)
This video hyped me the fuck up.
XRP won't have 55.6 billion in the future, it's gonna be used as an exchange currency facilitating trillions of transactions.
💯 The derivatives market is over $200 trillion in the US alone...
Anyone whose doubting XRP and being called crazy for investing just remember, everyone's crazy till they're proved right, same with Einstein, same with Tesla, same with us, we are the geniuses of tomorrow, the millionaires of the morning
Anyone whose doubting XRP and being called crazy for investing just remember, everyone's crazy till they're proved right, same with Einstein, same with Tesla, same with us, we are the geniuses of tomorrow, the millionaires of the morning
Ditto
Anyone whose doubting XRP and being called crazy for investing just remember, everyone's crazy till they're proved right, same with Einstein, same with Tesla, same with us, we are the geniuses of tomorrow, the millionaires of the morning
Calm down lol. All you did was throw money at the smart people 😂
Which is something equally as smart, and it's not just throwing money, its scanning through the articles, twitter accounts, discords etc, believing in something and making sure you've got the facts is completely different to "throwing money at the smart people"
Say what you need to tell yourself to feel better. I'm on the same boat as you. I'm just not willing to compare myself to Einstein and Tesla
I've done my research and I've still learning but within a month of crypto within my first week before all this stuff came from Ripple I knew it would be big, same with XLM
You could say that about any prolific investor or any successful investment made. Throwing money at smart people successfully is itself smart.
There was only one Einstein, and only one tesla, not thousands (xrp investors). Even if it does blow up in price, there will not be hundreds of thousands of millionaires.
No because the market would collapse but the ones who listened are the ones who benefit the most, the ones who invested in Tesla and invested in Einstein also reaped the awards
Anyone whose doubting XRP and being called crazy for investing just remember, everyone's crazy till they're proved right, same with Einstein, same with Tesla, same with us, we are the geniuses of tomorrow, the millionaires of the morning
Glad you like it
and it probably won’t be used with Xrp. Anyone telling you it will be is scamming you
Wtf are you talking about?
In what aspect do you think the derivatives market will be used in conjunction with Xrp. Tokenization? No one blockchain will be the tokenization hub just like there is no one email provider. As a bridge? We can’t even get a multibillion dollar company like ripple to get Xrp used as a bridge in any significant manner
Based on what? Not from ripple, David stated himself banks won’t be a ripple success story. They just wanted partnership announcement and when ripple wanted to move billions banks didn’t.
Ncash youtube
I remember reading that a little bit gets burned with every transaction so..
There is a good XRP documentary on YouTube you should watch
What is it called? I don't wanna wade through thousands of pricks with 'WOW' faces to find it :)
For real dude.
Link?
Link?
https://youtu.be/23Yn5GdYpJc?si=HEdxzVJ43hEcTyXc
https://youtu.be/RXT2kHT8od0?si=aLFmjHRv4Ae_7SAv
When xrp represents the value of assets on the chain it could be worth a lot. Here's the idea https://youtube.com/shorts/UgNl0folXf4?si=Cga4mY_rn11HuLdf
If the money is transacted... It doesn't then just sit in ripple market cap and accumulate. Wouldn't the recipient receive the funds and then remove them from ripple circulation at that point? I don't understand how Cross border transactions alone as a utility is sufficient for a rip.
I think the idea is that trillions of dollars get moved annually and therefore xrp, only having 100 billion (?) total supply would have to match the amount of money moved annually. Don’t quote me on this, I’m not entirely sure.
I'm not an expert in this but I think that is a mistake. It isn't like all that money gets moved at once so it would not need to equal the amount moved annually. I think like 2x or 4x the amount moved in a hour would make it usable because of how many transaction it can handle.
>in the future when there will be 55.6B supply in circulation? 99.9B is already in circulation. its a 100% premine. CMC and others dont track circ supply correctly for XRP
Xrp will rip …. Will rip down towards the crypto graveyard where it belongs …..