A huge BTC jump could take XMR anywhere, including the moon.
For a measly $20, it would only take a handful whale pod of Ristos.
Or one tweet from Szabo/Byrne/Trump, or one BTC core dev switching camps, etc.
That's because not many hloders plan to sell much XMR at $20.
You'll see some one-time cost covering and diversification at silver parity, but we're not selling our moontrain tickets that cheaply.
I agree with you, iCEBREAKER.
Selling Monero for 20 usd is simply retarded unless you have a need for emergency cash.
When Monero hits 20 usd, it might be 100 usd a few weeks from that.
Monero is indeed the currency that makes the generation 2 rich (early bitcoiners being the 1st generation).
Obviously.
I actually give pretty high odds for Monero becoming a great currency. It is still in its early steps, the ticket is almost free of charge (only less than a buck per ticket).
The less you own the tickets the higher you want the price to go.
However, personally I have many tickets and I will not plan to sell any time soon as the emission is slowing down drastically.
It has been said many times that these are among the last days/weeks/months you can possibly get the tickets to the raffle.
Does someone have a good image of the emission schedule they can post? This might be helpful to newcomers who do not understand how the supply/demand curve is beginning to change.
There is a lot of activity happening right now on github and elsewhere. Translations, games, exchanges (fiat and crypto), pr efforts, cold wallets, integrated addresses, view keys, database enhancements, crowdfunding and other services. The best thing about it is that most of these projects are being run by different people! Monero is a great case study for what decentralized development should look like.