Ripple update: Future XRP price calculation, Help?
I came across a post, and tried to do it myself.
following are premise that i could think and used, Although I am open to suggestion.
**Premise Condition 1** —- World wide volume of transferred money=$2 Quad annually
**Premise Condition 2** —- Auto-bridging through XRP in Ripplenet takes 5 seconds (for simplicity let’s assume that, although actual transfer takes longer than that depending on liquidity)
**Premise Condition 3 —** Total XRP volume for market circulating is “50 billion XRP”., assuming ripple doesn’t sell massively.
**Premise Condition 4—-** Not all xrp is in circulation, hodlers like you and me, exchanges, companies, banks, payments providers will sock large amounts which will be locked up permanently with them or others at all times.
Revised circulation-10 million xrp.
**Premise Condition 5—-** forgetting coil, r3 and dapps which are also going to use xrp at some point in coming years.
**Premise Condition 6—** speculation and market forces included in premise 4.
Now (2 quad/365/24/60/60×5)/10 million = **31.7$/xrp**
This is value I came up with, let me know if I can/need change it somehow.
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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