The boat hasn't been missed on btc, it's just setting sail. Bitcoin could easily go to $50k per coin.
As for xrp...it will never get to $10 or even $5. You're talking about a market cap of hundred of billions to get to $3 and beyond. Not going to happen.
China is the biggest bitcoin miner in the world because of Cheap labor,cheap parts,cheap energy.
But....China also has a big problem with money laundering.
China just put the kaibash on the whole ICO craze and Bitcoin. Ethereum is affected too.
As far as XRP not going to $3 or $5 or $10 the same use to be said about Bitcoin not to long ago. that no way it could go to $1000 or $2000 or $3000 or $4000 and now $50,000 seems not unattainable.
What I do know is XRP is trying to take down Swift.
Swift does $200 Trillion in transactions per year. Factor in that if you walk into a bank and try to send out $1000 anywhere chances are the fee for such a transaction would be what? $100? give or take? don't take my word for it.
say hypothetically one customer wanted to send $200 trillion dollars in one shot? Impossible? yes! but if there were such a transaction. XRP would need to be worth $2000 to complete this transaction.
obviously such a transaction is in the realm of fantasy.
but just think about it $200 TRILLION dollar industry! not billion but trillions!
I know. everyone has issues with the whole 100 billion XRP's in existance "problem"
things to remember.
There is the destruction factor and then there is the 20 XRP's required to sit in any Ripple wallet or exchange account to keep it open.
so say there were 1 billion XRP users. right then and there we're talking 20 billion XRP that are NOT in circulation.
now factor in the destruction factor. Every transaction "destroys" .00000004 XRP. I know that's not alot but remember Ripple and XRP is being tested to handle 70,000 transactions per second. Why? because Swift does only 10,000 per second.
Ripple with XRP blows Swift out the water.
so imagine once "on line" the Ripple transaction destroying .0000000004 XRP's per transaction at a speed of 70,000 transactions per second?
how many seconds in a minute? how many minutes in an hour? how many hours in a day?
see where I'm going with this?
Bitcoin is creating ie mining more bitcoins daily and the closer it gets to it's limit of 20 million it's getting slower and slower. because the mathematical equations designed to keep blockchains safe is also it's flaw. but ultimately bitcoin volume will increase and at some point those 20 million Bitcoins will have been completely mined.
But XRP? overtime? will only get more rare. at the speed of XRP and Ripple we might see Ripple become MORE rare than even bitcoin.
hypothetically if Ripple and XRP finally get used by banks or fi's. XRP logically could end up from 100 billion to zero.
which I doubt. I suspect Ripple would put a cap on the destruction rate if it goes too low that it can't sustain it's transaction completion rate.
not to mention the planned Escrow of 55 billion XRP's coming thee end of this year.
I have yet to see any mined coin that can compete with XRP's transaction speed. if all altcoins are copycats of BTC and ETH but XRP beats BTC and ETH in transaction times @ 4 seconds for an XRP transaction then the next logical statement would be.
XRP beats all crypto coins in speed and usefulness.
but that's my opinion.
of course I could be wrong.
Crypto is so fast paced. someone who is right for the moment could be wrong the next. It's scary and exciting all at the same time like a sexy chick with mouth full of braces! lol