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Topic: THE RISE AND RISE OF MONERO - page 17. (Read 35401 times)

full member
Activity: 196
Merit: 100
August 29, 2016, 05:52:41 AM
XMR went from $25M to close to roughly $130M market cap on a DNM announcement.
FCT has Department of Homeland Security and a Wall Street firm amongst their clients.

There's a mismatch with the demographic of crypto here and many investors put their idealism before money. The US government and Wall Street are easily in the top 5 of what most crypto people despise and for this reason it'll take some time to reach price discovery. The kind of revenue US government and Wall street can generate stomps any shady DNM.

legendary
Activity: 2730
Merit: 1288
August 29, 2016, 05:34:32 AM
Lets go first with 100 millions $, then $10 a coin. After that we can go higher.
Both of those things already happened earlier today.
What's next?

Litcoin marketcap.
legendary
Activity: 952
Merit: 1000
Stagnation is Death
August 29, 2016, 03:24:11 AM
Lets go first with 100 millions $, then $10 a coin. After that we can go higher.
Both of those things already happened earlier today.
What's next?

Stable 20-30 by year end possible
vip
Activity: 1052
Merit: 1155
August 29, 2016, 02:48:29 AM
Lets go first with 100 millions $, then $10 a coin. After that we can go higher.
Both of those things already happened earlier today.
What's next?
legendary
Activity: 3010
Merit: 1460
August 28, 2016, 10:35:11 PM
Ain't this just a pump still just like how any coins can do? The graph on bittrex seem to have come down now. I does seem like users are already dumping it. Dark market don't matter to you if you are not in the shady business so this coin must really be for them only.  

bitcoin was around $100 when its primary use was in Silkroad

Bitcoin went from $1 to $31 in the first few months of Silkroad.
Feb2011.

Then it fell to $2 so...

What are you saying? That this is nothing but an empty pump? I disagree. The news of the darknet market accepting XMR is very big. Surely this is not just because of that news. XMR has the properties to be a good alternative to BTC and even a complement because it can be used as a second layer to make BTC more fungible and somehow anonymous too.
legendary
Activity: 1288
Merit: 1087
August 28, 2016, 08:39:05 PM
#99
Please tell me should I purchase 3000 USD of XMR? - Is this good to store savings in?

you ain't exactly gonna get objective answers from anyone here. store savings? hell no. make a bet? only you can decide.
legendary
Activity: 1330
Merit: 1000
dafar consulting
August 28, 2016, 07:45:05 PM
#98
Please tell me should I purchase 3000 USD of XMR? - Is this good to store savings in?

I have only 3000 to buy some bitcoin....man on local bitcoin says he will give 5 bitcoin for 3000 USD. I have no coinbase. So when I get bitcoin - transfer into poloniex? - then buy xmr. I love xmr since i read about it....but have finally decided to move into crypto now. Long time bitcointalk reader here and no account!

(stealth reader) ;P


LOL

Well I hope so because I did
member
Activity: 78
Merit: 10
August 28, 2016, 06:36:19 PM
#97
Please tell me should I purchase 3000 USD of XMR? - Is this good to store savings in?

I have only 3000 to buy some bitcoin....man on local bitcoin says he will give 5 bitcoin for 3000 USD. I have no coinbase. So when I get bitcoin - transfer into poloniex? - then buy xmr. I love xmr since i read about it....but have finally decided to move into crypto now. Long time bitcointalk reader here and no account!

(stealth reader) ;P
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
August 28, 2016, 05:42:50 PM
#96
Ain't this just a pump still just like how any coins can do? The graph on bittrex seem to have come down now. I does seem like users are already dumping it. Dark market don't matter to you if you are not in the shady business so this coin must really be for them only.  

bitcoin was around $100 when its primary use was in Silkroad

Bitcoin went from $1 to $31 in the first few months of Silkroad.
Feb2011.

Then it fell to $2 so...

At the time we lacked a precedent.  Bitcoin established a precedent that crypto can appreciate to a 10bn usd mcap.  Thus, investors are not so naive any more, as they were then.
legendary
Activity: 3570
Merit: 1959
August 28, 2016, 05:26:22 PM
#95
Monero is way over valued as of right now a dump will happen very soon

I disagree on valuation, but then I have maybe followed and used the coin longer and more than yourself.

As for a dump, sure... But, then it will go back up again.  Cool
newbie
Activity: 28
Merit: 0
August 28, 2016, 05:10:55 PM
#94
Monero is way over valued as of right now a dump will happen very soon
legendary
Activity: 1288
Merit: 1087
August 28, 2016, 03:43:14 PM
#93

Bitcoin went from $1 to $31 in the first few months of Silkroad.
Feb2011.

Then it fell to $2 so...

yep. there's no rhyme or reason to any of this. price is gonna do what it wants to do, or rather what certain groups of people want it to do. everything is speculation. if it was fundamentals only then bitcoin would be $20 or less still but speculation allows fundamentals to tag along. 
legendary
Activity: 1612
Merit: 1001
August 28, 2016, 03:38:12 PM
#92
wish i had bought some more monero when the price was 0.002 btc. anyway still made profit.  Tongue
member
Activity: 78
Merit: 10
August 28, 2016, 02:10:00 PM
#91
ROGER VER PREDICTS 1 BILLION DOLLAR MARKET CAP FOR XMR IN 2016: https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049



FLUFFYPONY NEW INTERVIEW:
https://youtu.be/YVlQE-ObEXk   

Must watch brothers! Very important data here!
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
August 28, 2016, 10:53:49 AM
#90
Ain't this just a pump still just like how any coins can do? The graph on bittrex seem to have come down now. I does seem like users are already dumping it. Dark market don't matter to you if you are not in the shady business so this coin must really be for them only. 

bitcoin was around $100 when its primary use was in Silkroad

Bitcoin went from $1 to $31 in the first few months of Silkroad.
Feb2011.

Then it fell to $2 so...
legendary
Activity: 2730
Merit: 1288
August 28, 2016, 06:24:22 AM
#89
What price do you guys think will stabilize?

I think a market cap of 500 millions $ is the goal for the moment


Lets go first with 100 millions $, then $10 a coin. After that we can go higher.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
August 28, 2016, 06:10:55 AM
#88
What price do you guys think will stabilize?

the pump seems to have slowed down compared to this morning and the peek of 0.014BTC but I think it is just a beginning and it can go much higher and even go as high as 0.03BTC.

p.s. interesting thing about market cap that I always say is a shitty factor for comparison.
monero which is an old coin with a high price and big daily volume (which is even bigger than ETH is not yet #2 in marketcap) so you see this factor is never a good comparison but yet everybody even coinmarketcap.com uses it to rank the coins.
hero member
Activity: 876
Merit: 568
( ͡⊙ ͜ʖ ͡⊙)
August 28, 2016, 04:41:58 AM
#87
What price do you guys think will stabilize?

I think a market cap of 500 millions $ is the goal for the moment
newbie
Activity: 40
Merit: 0
August 28, 2016, 04:36:06 AM
#86
What price do you guys think will stabilize?
newbie
Activity: 5
Merit: 55
August 28, 2016, 02:08:27 AM
#85
oh man what a crazy day!
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