Desert Lord 🏜️

[Desert Lord 🏜️ @DesertLordd]

@argosaki You think anyone gives a damn about aliens anymore ?

I care that I can’t raise my kids on Weet bix and Milo and the price of a AA battery is $17

Fix that sh*t, or bring in the damn aliens to take over 🫥

[Desert Lord 🏜️ @DesertLordd]

@kevincollinz @feral_feed What a dumb comment 🤣🤣🤣

[Desert Lord 🏜️ @DesertLordd]

@B_arri_C 🤣

[Desert Lord 🏜️ @DesertLordd]

@HEN_FT @EleanorGirl08 Lol, utility isn't new - markets have always priced future utility. And even with real usage, price still comes down to liquidity, velocity and market depth. Fact.
Until there is sustainable liquidity at those levels, your price is unrealistic theory, only.

chow chow chow

[Desert Lord 🏜️ @DesertLordd]

@HEN_FT @EleanorGirl08 Sounds great in theory, but, again you're describing usage, not a pricing model. Even if XRP became a 'neutral bridge' price is driven by liquidity, velocity & market depth, not volume moved. Until real side by side depth is sustained, this price only exists on paper.

[Desert Lord 🏜️ @DesertLordd]

@HEN_FT @EleanorGirl08 I bought under .20c and held 100K+ at one time. Have now sold almost all of it. I done research and learnt how to read block chain and exchange sell orders. I suggest you DYOR. Sell before Ripple sells on you.

[Desert Lord 🏜️ @DesertLordd]

@HEN_FT @EleanorGirl08 That ol chestnut.. HODL !! To the moon!

[Desert Lord 🏜️ @DesertLordd]

@HEN_FT @EleanorGirl08 You just killed your own argument. Lol

HODL!

[Desert Lord 🏜️ @DesertLordd]

@HEN_FT @EleanorGirl08 Volume isn't the same as 'value held'. DTCC moving Trillions is the same money turning over, not new capital to absorb sells. Again, who is providing the buy side liquidity at these prices? Without that, your price exists on paper only and no one could absorb the sells.

[Desert Lord 🏜️ @DesertLordd]

@HEN_FT @EleanorGirl08 LOL, you're mixing up utility with pricing mechanics. Higher volume = higher velocity, and less need for higher price. But, the real question, who is buying at $589 when everyone is selling? Without deep LP, your price exists on paper, only.

[Desert Lord 🏜️ @DesertLordd]

@Anna15415685 Impossible. Anyone saying this, simply doesn't understand cryptocurrency. It is literally financially impossible. There isn't enough currency available globally. The required liquid cash that would need to flow in, makes this impossible. With the ability to sell, anyway.

[Desert Lord 🏜️ @DesertLordd]

@pogixrp @LucidIntels @Bird_XRPL All the best & I do hope you're right.

[Desert Lord 🏜️ @DesertLordd]

@XRPCryptoHub @Bird_XRPL @beyond_broke The simplest thing to understand is: No LP, no sell. There must be a liquidity pool to sell your tokens. Eg. I sell 10,000 XRP @ $589 - Who pays me the $5.89Mil, if they didn't aquire it through a true price rise?

[Desert Lord 🏜️ @DesertLordd]

@pogixrp @LucidIntels @Bird_XRPL Absolutely, will grow. But to those numbers is not realistic. It's important to be real with yourself. For eg: $589 XRP would require a $400T mc. Do you think that is reachable, when there is currently only $125T circulating globally? If MC/LP doesn't matter, how can you sell?

[Desert Lord 🏜️ @DesertLordd]

@XRPCryptoHub @Bird_XRPL I would absolutely welcome you to be right. Unfortunately I doubt you will be. Let me ask, if MC and LP doesn't matter, at $589 per token, where does the $ come from to allow the sells? $589 would need a $400T MC. There is currently only $125T $ circulating globally.

[Desert Lord 🏜️ @DesertLordd]

@pogixrp @LucidIntels @Bird_XRPL for $100 per XRP you would need a mc of 6T and that's based on circ supply only. Current mc of entire space is 2.5T, therefor seems highly unlikely. Also take into account Ripple labs selling on price rises. As much as many don't want to believe MC & LP definitely matter.

[Desert Lord 🏜️ @DesertLordd]

@XRPCryptoHub @Bird_XRPL A couple of hundred is not realistic. Market Cap and LP matter.

[Desert Lord 🏜️ @DesertLordd]

@a98589o @Bird_XRPL Do you understand how market caps and liquidity pools work and why the do matter?

[Desert Lord 🏜️ @DesertLordd]

@Bird_XRPL Market Cap matters. LP Matters. DYOR.

[Desert Lord 🏜️ @DesertLordd]

@10Xrp @EleanorGirl08 Incorrect. We know for sure that there isn't enough $ circulating globally to even come close to these price points. Current entire crypto mc: $2T - Required mc of XRP for $10K per XRP: $600T - Current $ circulating globally: $125T