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There isn't any depth to the ripple price. If I created 1 trillion digital yakitori coins and I got my father to buy 1 yakitori coin for $10, I am theoretically
by yakitori 9y ago
There isn't any depth to the ripple price. If I created 1 trillion digital yakitori coins and I got my father to buy 1 yakitori coin for $10, I am theoretically worth about $10 trillion. "Theoretically". Will journalist at cnbc do an article on that?
Is it me or are the media pushing out a ridiculous amount of clickbait lately? Or am I just more aware of it because of HN.
What's crazy is this isn't journalism. The article comes off more as a paid advertisement for ripple than an article.
- pietjepuk88 9y agoAccording to coinmarketcap.com[0], the traded volume of Ripple today was 8 billion USD. That's a bit better than your Yakitori coin. I am a bit confused about the volume of e.g. Amazon on Yahoo Finance[1], which is either 3 million or 3 billion USD. So if such calculations are allowed/typical for someone like Jeff Bezos and his AMZN shares, why wouldn't it be for a cryptocurrency? [0]: https://coinmarketcap.com/currencies/ripple/#markets https://coinmarketcap.com/currencies/ripple/#markets [1]: https://finance.yahoo.com/quote/amzn/ https://finance.yahoo.com/quote/amzn/