Why Buy Ripple When You Can Buy Something That Will Be 'Very' Useful?
What? Why are you talking about Ripple, this was supposed to be about the price of EOS!
Oh yes, right! Well I have calculated EOS to be priced anywhere between $ 6.84 - $ 2660, based on my "analysis" (LOL) of Ripple & Ethereum's current market caps (see below) ....
Ripple:
- 38 BILLION tokens (38 x the # of initial EOS)
- Current Price: 0.18
EOS:
- 1 BILLION tokens (initially - post-ICO)
So, simple math here folks ..
38 / (9/50)
.. possible price per Ripple if there were only 1 BILLION in circulation ..
$ 211
Either that or $ 6 bux-n-change .. I suck at math. ;-)
Anyway, it's fun to think about, and I believe comparison with Ripple given the number of EOS that will be out there, is useful. However, there is no real comparison that can be made with any other "currencies" because the value of holding EOS and the purpose of EOS, is far far greater .. far more functional .. far more necessary in fueling this next generation tech, which will finally enable the next level of blockchain-based products to be created.
Compare it to ETH!? Okeee..
ETH:
- 93 MILLION tokens ( 1 / 10th the # of initial EOS)
- Current Price: $ 266.00
266 * 10
.. possible price per Ethereum if there were 1 BILLION in circulation ..
$ 2660
Haaa yes, I know .. this math is both wrong and entirely useless! :-)
My point here is to get one thinking about it ... if you understand the potential of EOS in comparison to Ripple (yes I know there is no real comparison to be made regarding the tech), and also with Ethereum, clearly the technology that EOS is competing against, 'directly' (ignore them when they say otherwise) ...