XRP to $46,000? David Schartz Drops A Rational Bid Price for XRP Holders

David Schwartz is one of the most recognizable names in the XRP ecosystem. He has a wealth of experience as a former CTO of Ripple. So when he posts a question about XRP’s price potential, the community pays attention.

Schwartz’s Opinion on the $10,000 XRP Target

Schwartz posed a thought experiment. He argued that if a small group of wealthy, rational investors was convinced that there was a 1% chance XRP could reach $10,000 in 10 years, they would bid the token up to at least $20 today. His question: “Why aren’t they? Conspiracy?”

Many in the XRP community read this as skepticism. The argument suggested that the absence of major buying pressure at current prices reflects a lack of conviction among sophisticated investors.

Pumpius Flips the Argument

Crypto commentator Pumpius (@pumpius) took Schwartz’s reasoning and reversed it. He highlighted a post from Schwartz as additional context. In it, Schwartz acknowledged selling 40,000 ETH at $1.05 and 100 BTC at $750, and noted that none of his posts are intended as financial advice.

Notably, Schwartz previously revealed that he sold his ETH to buy solar panels for a property he no longer owns. The ETH sale is the key detail here. Schwartz exited ETH at roughly $1. ETH later appreciated by approximately 2,300x from that price.

Pumpius applied that same multiple to Schwartz’s $20 rational bid for XRP. The math resulted in $46,000 per XRP. The post does not argue that $46,000 is a guaranteed or even likely target.

It uses Schwartz’s own historical multiple to challenge the credibility of his skepticism. If Schwartz misjudged ETH’s potential at $1, his current framing of XRP’s ceiling deserves scrutiny.

Why the XRP Community Is Paying Attention

Schwartz’s post landed differently in the XRP community. Some read it as a genuine analytical point about market structure, while others doubt.

Pumpius represents a portion of the community that pushes back on that reading. His post highlights that Schwartz has a documented history of selling assets far below their peaks.

Notably, Schwartz also sold his XRP at $0.1, revealing that he didn’t believe it would surpass $0.25. Pumpius considers Schwartz’s track record, which shows that his doubts don’t impact XRP’s potential.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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