Within the crypto community you have people who love XRP and people who hate the digital currency. The reason for this seems to lie in the goals of the project. While Bitcoin started as an alternative to the traditional financial system, Ripple and XRP see opportunities to improve the existing system.
Simply put: Bitcoin is against the banks, XRP is with the banks.
Price of $589 per coin
In recent days, a prediction from Balaji Srinivasan has been circulating, in which he states that the Bitcoin price will rise to $1 million per coin within 90 days due to hyperinflation. If that’s possible, David Gokhstein thought, an XRP price of $589 should also be a possibility.
Gokhstein does not want to say with his message that he expects a price of $ 589, but wants to indicate that he thinks it is strange how these kinds of predictions are received.
When someone predicts that the Bitcoin price will rise to $1 million in 90 days, everyone is excited. While people who publish seemingly unattainable targets for XRP are laughed off.
Bitcoin price of 1 million dollars
Gokhstein is clear about Balaji Srinivasan’s prediction that the Bitcoin price will reach $ 1 million within 90 days. He says that will not happen. “Realistically, there is no chance of Bitcoin going up to $1 million in the next 90 days. But it does make for good conversations on social media,” says Gokhstein.
That also seems to be the goal of Srinivasan, who himself also recognizes that a Bitcoin price of 1 million dollars within 90 days is a very difficult job. What he mainly wants to achieve is that people realize that their money is not safe in the traditional financial system.
He wants people to think about banks and the way they handle our money. Bitcoin is an alternative to that and he hopes to bring that to the forefront. For the time being, Srinivasan seems to be reasonably successful in this.