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Topic: MONERO - $2500 (Read 756 times)

full member
Activity: 1750
Merit: 186
October 11, 2019, 03:54:59 PM
#87
Isn't monero the number 1 privacy coin?  Shouldn't that mean a lot then?
hero member
Activity: 1162
Merit: 516
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October 11, 2019, 03:02:14 PM
#86
2,5 k is too much mate, i think 800$ is very posible if the market will go into a bull run

You can simply check the highest price for Monero, when we had a bull run in 2017 and Bitcoin was close to 20 thousand. It was under 500 dollars. So, it is not possible even to imagine that this cryptocurrency can reach 2/5 thousand, and even 800 in the nearest time. Nevertheless, it is good crypto and it is valued due to the anonymity, which Monero provides.  It is trusted crypto.

I am not sure whether the OP have checked the market value of this coin maximum worth of not. We need to look at the price at all the time but most of the people don't do that and start the big speculation whatever they wish.

I feel this coin may goes till 300 USD before 2020 end. Maximum value will be this but not sure whether it goes up or down.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
October 11, 2019, 02:26:32 PM
#85
it's impossible for Monero to touch $2500 and there's no reason for that. Manero highest price is $494 and it is too far from $2500. I think $500 is anough for Manero if bull run could happen.
nothing impossible in crypto indstry, remember when bitcoin price touch about $1K people think this price could be the highest price of bitcoin
but the fact, bitcoin can touch about 20K usd right ?
the moment of Bitcoin and Monero is very different, so we can't equate the situation experienced by Monero with Bitcoin.

and monero was known as the best privacy coins, so, monero will touch that level but for long term, maybe above 5 year mate
just my opinion
IMO, in the next 5 years, it is still impossible for Monero to reach $ 2500, I think the highest price of Monero is only around $ 800-1400.
full member
Activity: 862
Merit: 100
October 11, 2019, 01:18:38 PM
#84
2,5 k is too much mate, i think 800$ is very posible if the market will go into a bull run

You can simply check the highest price for Monero, when we had a bull run in 2017 and Bitcoin was close to 20 thousand. It was under 500 dollars. So, it is not possible even to imagine that this cryptocurrency can reach 2/5 thousand, and even 800 in the nearest time. Nevertheless, it is good crypto and it is valued due to the anonymity, which Monero provides.  It is trusted crypto.
legendary
Activity: 2730
Merit: 1288
October 11, 2019, 10:32:45 AM
#83

Right now only coin that is at least a bit used and adopted is Bitcoin. None of the other is used much. Monero have clear use case and when/"if" people will start start using it that will cause great demand. No matter how much markets will be open to buy Monero. With atomic swaps that exchanging should be quite simple.  Monero stock to flow ratio is higher then Bitcoins and in a year time will be also higher then stock to flow ratio of Gold. But that means nothing. Because Gold exist 10000 years and is fully adopted. Monero exist 5 and Bitcoin 10 years, so they  have most adoption ahead of it. So is not wise to expect much from its stock to flow ratio.  
It's a so unstable situation with an undefinable result. What about a currency that was stable but is history now? Italian lira, franc, escudo, gulden, something else - where are those currency? Simply under the law because of the Euro. We can see the same for Monero and other privacy. And it scares me. Gold and silver have a long history of becoming. That's why they left along. But privacy crypto can become illegal in the same way.

Cryptocurency can become illegal at some places. But that will not stop them. If people will find it useful they will use it. Bitcoin was illegal and still is at some countries but people still use it.  Bitcoin and Monero are not only unstoppable by anyone but also no one can prevent someone use it. Everyone can use it. If you are 150 cm tall or 220 cm. If you have white hair or black hair. Everyone.

At the end only people will chose what they will use. So far I see no one is building houses with glass walls and everyone close door when using public restroom. Companies do not show their competition how big salary they give or hw much they pay their suppliers. People, companies and governments do care about privacy.
sr. member
Activity: 896
Merit: 251
October 10, 2019, 01:20:37 PM
#82

Right now only coin that is at least a bit used and adopted is Bitcoin. None of the other is used much. Monero have clear use case and when/"if" people will start start using it that will cause great demand. No matter how much markets will be open to buy Monero. With atomic swaps that exchanging should be quite simple.  Monero stock to flow ratio is higher then Bitcoins and in a year time will be also higher then stock to flow ratio of Gold. But that means nothing. Because Gold exist 10000 years and is fully adopted. Monero exist 5 and Bitcoin 10 years, so they  have most adoption ahead of it. So is not wise to expect much from its stock to flow ratio.   
It's a so unstable situation with an undefinable result. What about a currency that was stable but is history now? Italian lira, franc, escudo, gulden, something else - where are those currency? Simply under the law because of the Euro. We can see the same for Monero and other privacy. And it scares me. Gold and silver have a long history of becoming. That's why they left along. But privacy crypto can become illegal in the same way.
legendary
Activity: 2730
Merit: 1288
October 10, 2019, 01:04:20 PM
#81
Official capital is resisting privacy. However, this market will sooner or later give the necessary value to confidentiality-based coins. This is my opinion because it would be an alternative to the current economy.

True. I wouldn't doubt the fact that XMr will be one of the best actual "cryptocurrencies" in terms of people's real use of it, and its practicality and scalability.

But with people's fear that XMR will get delisted as a matter of time from big time exchanges due to regulation changes, and the perennial concern over government's stance over anonymous coins in general, it is extremely hard for hype or FOMO to ever really kick off. Couple that with the fact that XMR's community has been historical quite rational and unencouraging of hype, we'll likely never see much volatility.

Unless BTC sees an extremely large bull run (which seems unlikely at the moment), I doubt that XMR will see any formidable price hike. Vice versa, I don't see any reason that its value should come crashing down even with all the additional restrictions on exchanges with trading it. It's fulfilling its role as a currency a lot better than most other cryptos, but it's just not going to be a good speculative coin.

Right now only coin that is at least a bit used and adopted is Bitcoin. None of the other is used much. Monero have clear use case and when/"if" people will start start using it that will cause great demand. No matter how much markets will be open to buy Monero. With atomic swaps that exchanging should be quite simple.  Monero stock to flow ratio is higher then Bitcoins and in a year time will be also higher then stock to flow ratio of Gold. But that means nothing. Because Gold exist 10000 years and is fully adopted. Monero exist 5 and Bitcoin 10 years, so they  have most adoption ahead of it. So is not wise to expect much from its stock to flow ratio.   
sr. member
Activity: 1120
Merit: 255
October 08, 2019, 11:57:06 PM
#80
When the buyers come in flocks, the price will increase quickly. The whole market is still bearish. right now the people buying Monero and Cryptos in general, are traders. Not many people will be buying in positions because there isn't any clear signs of quick growth. Traders will ride the price down, buying and selling positions as they go, but that doesn't represent the true value of the coin. Just the current buy price. Without checking my facts, the amount of Monero that could be purchased at $300-$400 isn't really that much when you consider the fact that sellers will quickly adjust their price when the bull market hits. In my opinion, Everything is possible.
sr. member
Activity: 1050
Merit: 250
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October 08, 2019, 06:40:56 PM
#79
it's impossible for Monero to touch $2500 and there's no reason for that. Manero highest price is $494 and it is too far from $2500. I think $500 is anough for Manero if bull run could happen.

nothing impossible in crypto indstry, remember when bitcoin price touch about $1K people think this price could be the highest price of bitcoin
but the fact, bitcoin can touch about 20K usd right ?
and monero was known as the best privacy coins, so, monero will touch that level but for long term, maybe above 5 year mate
just my opinion
sr. member
Activity: 1274
Merit: 261
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October 08, 2019, 06:34:40 PM
#78
$2500 seems to be high. I haven't stuck much of XMR because I put it on BTC and ETH. All time for Monero is $430+.
See it first if it can make it to $500 then expect $1k before proceeding to expect for $2500.

   Step by step. Undoubtedly one of the best comments I come across in recent
days. People should apply this analogy with all predictions they have about future
prices of certain alt-coins.
    Montero is far away from it's ATH price. To come back there, Montero needs to
break many barriers, starting with the 100$.
  

Monero may be excluded from some stock exchanges. It's dangerous because of the privacy property by some exchanges. They don't want to get caught up in countries' investigations. I think the most powerful is privacy!

    We all saw how some exchanges delisted privacy coins. That will slow down
those private crypto-currencies, but I doubt it will have some effects in the long
run. There are decentralized markets where we can trade with privacy coins.
sr. member
Activity: 812
Merit: 262
October 08, 2019, 06:31:42 PM
#77
Monero may be excluded from some stock exchanges. It's dangerous because of the privacy property by some exchanges. They don't want to get caught up in countries' investigations. I think the most powerful is privacy!
hero member
Activity: 2660
Merit: 651
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October 08, 2019, 05:50:13 PM
#76
XMR is $80 right now.

What do you think about XMR? Is XMR going to be $2500 along with BTC bull run?
If you have some ideas on how would this happen then we love to hear that from you

Monero is placing top 13 with $56 price so do you mean it will pumped up to more than 50x? No that’s impossible because Monero now shows no big update and devs seems to be silently working
Maybe years or more before we see this $2,500 price
I'm also not sure if Monero will surge to the $2500 price as new ATH but you're wrong when you said the dev seems to be silently working when they just did a network upgrade with release of 0.15 a few hours ago and they even held some meeting which included (communities, dev and research labs) toward the end of last month.
I believe the problem Monero has now the governments which believe it anonymity are used for illegal purpose.
sr. member
Activity: 2828
Merit: 357
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October 08, 2019, 12:47:06 AM
#75
XMR is $80 right now.

What do you think about XMR? Is XMR going to be $2500 along with BTC bull run?
If you have some ideas on how would this happen then we love to hear that from you

Monero is placing top 13 with $56 price so do you mean it will pumped up to more than 50x? No that’s impossible because Monero now shows no big update and devs seems to be silently working
Maybe years or more before we see this $2,500 price
hero member
Activity: 2912
Merit: 556
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October 07, 2019, 11:54:21 PM
#74
$2500 will be too high to reach along with bitcoin bull run, but that could be possible. It is hard for monero to increase the price until that price, except there is a lot of good news from the monero project that can help to lift the price so high. But it will be interesting if the monero can really increase the rate for up to $500 because that will make people's shock and wonder why the price can increase higher.

The chance for monero to increase still wide open, but I don't think that it will hit $2500 in a short time because bitcoin is not yet moving to the higher price and still at a price now. Perhaps, we need to wait for a very long time to see monero can reach that price.
hero member
Activity: 1666
Merit: 753
October 07, 2019, 11:42:26 PM
#73
Official capital is resisting privacy. However, this market will sooner or later give the necessary value to confidentiality-based coins. This is my opinion because it would be an alternative to the current economy.

True. I wouldn't doubt the fact that XMr will be one of the best actual "cryptocurrencies" in terms of people's real use of it, and its practicality and scalability.

But with people's fear that XMR will get delisted as a matter of time from big time exchanges due to regulation changes, and the perennial concern over government's stance over anonymous coins in general, it is extremely hard for hype or FOMO to ever really kick off. Couple that with the fact that XMR's community has been historical quite rational and unencouraging of hype, we'll likely never see much volatility.

Unless BTC sees an extremely large bull run (which seems unlikely at the moment), I doubt that XMR will see any formidable price hike. Vice versa, I don't see any reason that its value should come crashing down even with all the additional restrictions on exchanges with trading it. It's fulfilling its role as a currency a lot better than most other cryptos, but it's just not going to be a good speculative coin.
full member
Activity: 721
Merit: 100
October 07, 2019, 06:49:20 PM
#72
Official capital is resisting privacy. However, this market will sooner or later give the necessary value to confidentiality-based coins. This is my opinion because it would be an alternative to the current economy.
hero member
Activity: 697
Merit: 520
October 07, 2019, 05:40:33 PM
#71
Things are looking increasingly grim for the privacy coin market. First Coinbase UK delisted ZEC, now the Korean exchanges are mass delisting privacy coins, citing the new FATF rules as the reason. If this trend continues, privacy coins won't be listed on the top tier exchanges at all. That bodes really badly for the price.

It pains me to say it, but I probably won't be looking at XMR for speculation any time soon.
hero member
Activity: 1834
Merit: 566
October 07, 2019, 04:48:25 PM
#70
2,5 k is too much mate, i think 800$ is very posible if the market will go into a bull run

Even 800 bucks for a privacy coin is too much. Maybe on a bull market, when BTC will moon, altcoins will follow, but to be realistic there is no space for privacy coins in the future, if we would ever reach the mass adoption.

I totally disagree that there is no place for opaque ledger cryptocurrencies. I believe, the marketshare will be way over 50%.
With so many companies and startups doing blockchain analysis and the constant progress that they make. With most exchanges doing KYC and with decentralised exchanges still being hard to use and avoided by users. With all that, people, companies and governments will realise how important are cryptocurrencies with opaque ledger whose transactions cant be linked. Capitalism is a comparative environment. You lose a lot when your competition knows everything about your transactions.
I supported what you said because the opaque ledger cryptocurrencies respect the vision of Satoshi in the creation of decentralized currency and the government are just trying to manipulate the price of Monero and others opaque crypto through FUD but I don't know if the new ATH of Monero will be $2500 but it will definitely surpass $800 price range.
legendary
Activity: 2730
Merit: 1288
October 07, 2019, 04:26:37 PM
#69
2,5 k is too much mate, i think 800$ is very posible if the market will go into a bull run

Even 800 bucks for a privacy coin is too much. Maybe on a bull market, when BTC will moon, altcoins will follow, but to be realistic there is no space for privacy coins in the future, if we would ever reach the mass adoption.

I totally disagree that there is no place for opaque ledger cryptocurrencies. I believe, the marketshare will be way over 50%.
With so many companies and startups doing blockchain analysis and the constant progress that they make. With most exchanges doing KYC and with decentralised exchanges still being hard to use and avoided by users. With all that, people, companies and governments will realise how important are cryptocurrencies with opaque ledger whose transactions cant be linked. Capitalism is a comparative environment. You lose a lot when your competition knows everything about your transactions.
legendary
Activity: 3738
Merit: 1415
October 07, 2019, 12:07:50 PM
#68
2,5 k is too much mate, i think 800$ is very posible if the market will go into a bull run

Even 800 bucks for a privacy coin is too much. Maybe on a bull market, when BTC will moon, altcoins will follow, but to be realistic there is no space for privacy coins in the future, if we would ever reach the mass adoption.

What are you basing the "800 bucks is too much" comment on?  The fiat valuation of altcoins is always based on bitcoins fiat valuation.  If bitcoin is $1000 then yeah 800 is too much but if bitcoin is $500k then $800 is nothing...it all depends on bitcoin price.  And as far as privacy coins and their place, if someone is willing to accept it as a form of payment then it has a place in the "money" space.
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