![]() While I plan to hold the vast majority until at least 2030, my goal is to cash out 25% of my AMP when 25% of my bag = payoff on my house + capital gains tax for the sale. With the recent market action and conditions, have those who made those predictions tempered your expectations? Or do you still expect it top pop off wildly in the next few years and blow past $10 in 2030? But the vast majority were calling for $1-3 within the next few years. I mean, even by 2030, $100 would be $6T which is just not gonna happen in any scenario. I saw a guy passionately arguing $100 for crying out loud, which runs up against the law of large numbers. I went through some older price prediction threads from last year and some of the predictions were pretty wild. So what do you think? I tend to be more conservative with my estimates, and think the best way to make money is to hold long-term instead of trying to make a quick buck. Then when you factor in all the international markets, the ability to send remittance payments back home without the huge fees, the ability to exchange foreign currencies, and all the other use cases, AMP ends up sucking up market share from all kinds of companies, like Western Union and more. And for a lot of those payment processors, AMP can just be implemented into them to make them run. We must also consider that VISA is only one company out of many such as AMEX, MasterCard, Discover, PayPal, Square, Stripe, etc. AMP would only need to suck up about 10% of VISA's business to reach that market cap. AMP would still be quite small by comparison at $3 for $182B. At it's current rate, VISA is on track to reach nearly $1.5T market cap by 2030. Digital payment companies are only growing at a faster rate over time as e-commerce continues to expand internationally in developing nations. In 2014, Visa was #42 at $137B market cap, and in 2022, Visa is #12 with a market cap of $446B. Then we have Visa, which may be a better comparison for payment processing in traditional finance. At this rate, $182B market cap likely wouldn't even crack the top 100 in 2030, hence easier to achieve. So a $182B market cap drops you from #26 in the world in 2014 to #59 in the world in 2022. In 2014, the closest company to $182B in market cap was BHP Billiton Ltd which was good for #26 at $178B. Salesforce is currently the #59 company in the world by market cap. Salesforce has $183B market cap right now, but in 2014 their market cap was only $33B. The highest market cap in 2014 Q1 was again Apple but with only $478B. 2030 is 8 years from now, so let's go 8 years into the past to 2014. So it won't even be as difficult to reach a market cap of $182B in 8 years, relatively speaking.įor instance, in 2022 Q1, the highest market cap was Apple with $2.8T. ![]() But by 2030 SalesForce and the entire market will be even higher. Reasoningįor comparison, the closest company to that market cap today is SalesForce. There will be 60.7 billion AMP tokens in circulation in 2030. But you live and you learn and you tighten down and adjust your budget. I probably invested more than I should have because I wasn't expecting this inflation. ![]() It is the only crypto that I currently hold because it's the only one that I think has stable, long-term gain potential with lower risk. I plan to hold until at least 2030, and have accumulated a decent sized bag that I believe will meet my goals to retire earlier. ![]()
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