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RE: Stop Investing In Ripple! (XRP) Warning. DO NOT BUY. Here's Why:
For me market value is the total market cap. Intrinsic value is off course something different.
But if we compare market cap of a crypto to the market value of a company it is trying to disrupt it should give us an indication no ?
Like imagine if market cap of steem would be higher than facebook. Would be strange in current times no ?
For me it's the case in the Ripple story. Maybe there is some potential but way to early to be valued like a blue chip
The exchanges do place a price on coins but the coins themselves are priced on how much people are willing to buy them for and they don’t give dividends like stocks so they’re valued from speculation more
But that's that the same with stock market. People are willing to pay in correlation for what they expect to benefit.
Doesn't matter if its divend or value increase. Moreover crypto like EOS will give some dividend when people rent out their holdings