Pages:
Author

Topic: Will Monero Reach $500 in 2019? (Read 20280 times)

sr. member
Activity: 896
Merit: 251
July 24, 2019, 02:44:55 PM
Sure no. I compare development, features, PR and some other details from several anon coins for self. And I can solidly say that we will not see XMR by $500 in 2019. Many investors try to watch on the 2017 situation as a sample and etalon. But today is not the same. Every day has own features and own reasons for growth. And 2019 is not the XMR time
full member
Activity: 723
Merit: 106
STABILA [STB] - Decentralize The Financial System
July 24, 2019, 12:16:17 PM
I don't really understand Monero, but if we look at the current market conditions and the current price of Monero, it is still possible to touch the price of 500 $.
because this time the bullrun will definitely make the altcoin definitely going up.
jr. member
Activity: 359
Merit: 1
July 24, 2019, 10:57:09 AM
this might happen but this is very heavy for monero to the value of $ 500 for this year, seeing the current market conditions are very heavy because it is still up and down unstable and investors are currently still interested in buying bitcoin, so it is very heavy
member
Activity: 397
Merit: 10
July 24, 2019, 07:25:05 AM
No it won't. I believe monero is a good alt. But i'm pessimistic to see monero goes to $500 in just several months remaining. Bearish market always come and drop monero price. But i hope the price will raise again since bitcoin and other alts price are in a good trend.
I agree with you that Monero will not reach the price of USD 500 until the end of this year. On this day July 27, 2019 the price of Monero is still at USD 81 so to reach USD 500 is of course very difficult.
If Monero have the opportunity to rise significantly, of course, the highest according to me is USD 250. Even then it has passed a very crowded trade where the capitalization is very large so that the trust in the Monero coin increases so that the impact of prices will rise immediately.
sr. member
Activity: 1092
Merit: 250
July 01, 2019, 09:38:43 PM
although in the crypto world there is nothing impossible but it is hard for me for monero to penetrate more than that, even higher than the price of ethereum. it takes a long time for that and not this year
hero member
Activity: 2632
Merit: 833
July 01, 2019, 09:27:27 PM
Last all time high - $542.
Current price - $86

So that's about 85% down from its previous highs. So I doubt that it can even reach $200 this year. I was thinking that it could be somewhat stable around $100-$200 only. And what till the real bull run in 2020. The so called spike we have seen so far is just mini runs to me.

I'm expecting that something big will only happen in 2020-2021.
full member
Activity: 406
Merit: 112
July 01, 2019, 06:40:06 PM
I think the price of Monero is still so far from the price of $ 500. although that is possible, I think it is still quite difficult to reach that price. if that is possible, I think it will happen in 2020. for this year, I don't think monero will rise that high.
It is, but with latest tweet from McAfee, Monero will rally very strongly in coming weeks. He said that "Privacy coins will win". $500 is a very far target for Monero, that might not be reached soon and easily. Anyway, we can have another reason to belief in future of Monero, and it makes sense especially after recent terrible falls of the coin. I think that Monero has to recover to the range of price around 0.03 BTC first, before being able to catch more attention from investors (old, and new)
https://coinpedia.org/news/john-mcafee-says-privacy-coins-will-be-the-next-big-thing/
legendary
Activity: 2730
Merit: 1288
July 01, 2019, 04:51:17 PM
...and even Bitcoin SV is ranked higher now Sad  I still think it is worth buying but I would invest more into altcoins like ethereum instead.

Monero dont have fake marketcap as BSV have. All Monero coins were fairly mined.  It also did not had an ICO as ETH. so no one was able to buy Monero coins for almost free. 1. whatever billion USD is real marketcap of Monero.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
July 01, 2019, 04:01:59 PM
Monero already has got its highest price to be close to $500. 2019 has been making a big difference over the market of bitcoin and other cryptocurrencies in large scale. This could get an impact over Monero as well, if not with the peak rise of bitcoin higher than the one that is reached in 2017 we can experience $500+ as it has good trading volume compared to many other which grows in a short and gets faded off.
member
Activity: 630
Merit: 10
July 01, 2019, 03:37:39 PM
I think that the recent changes in the cryptocurrency market will make quite strong corrections for many projects.  First of all, it will be necessary to pay attention to the Real relevance of the coin in society and its practical value, and today not all cryptocurrencies can please this. 
full member
Activity: 700
Merit: 101
BBOD Trading Platform
July 01, 2019, 05:20:18 AM
Now the market growth is getting more visible, the Monero (XMR) price is around $ 93.04 which is still very far to reach the price of $ 500 as the OP expects, Even though a bull run occurs the price will not be that expensive.
newbie
Activity: 7
Merit: 0
July 01, 2019, 01:53:21 AM
Of course the development team of the coin successfully works to maintain the security of the coin’s network. There were no significant troubles with Monero for a very long time. To this day there is no publicly known case of Monero users being exposed due to the flaw of the coin. But your expectations is too high... let just keep it at $250 - $300 for now
member
Activity: 490
Merit: 10
June 30, 2019, 06:43:53 PM
Everything is possible. Monero is on demand among dark net guys. So 500 $ price is achievable because drugs and cyber crime is growing, so there is more demand on monero
member
Activity: 336
Merit: 14
June 30, 2019, 03:06:52 PM
First let this crypto winter get over for alts market, then we will see how monero plays its role in regulated market. many countries working on regulation and some even thinking of ban, while few want all details of crypto users. so such thing will definitely boost adoption of privacy coins and monero is one of the best among them. We may also need privacy protocol for Dapps and smart contracts too so hope there will something which offer smart contracts tech like ethereum and privacy feature like monero.
hero member
Activity: 1568
Merit: 544
June 30, 2019, 02:17:20 PM
From all the crazy speculations in this section of forum , this is the only one I could come aboard with.
The legitimate reason could possibly be that it seems that laws are tightening around cryptos and their privacy . this could mean that privacy coins will get new influx of capital.
Indeed there is a demand for privacy focused crypto coins but if Monero can manage to reach 500 dollar in 2019 is a big stretch. Coming near it would already be a accomplishment.
member
Activity: 266
Merit: 26
June 30, 2019, 02:03:37 PM
From all the crazy speculations in this section of forum , this is the only one I could come aboard with.
The legitimate reason could possibly be that it seems that laws are tightening around cryptos and their privacy . this could mean that privacy coins will get new influx of capital.
jr. member
Activity: 322
Merit: 1
June 28, 2019, 05:57:58 PM
Highly unlikely, monero for me has been one of the heaviest disappointments in the crypto industry. Together with doge, these two have simply refused to fulfill their true potentials and have continued to be stunted in terms of growth. It will take a miracle to see monero actualize a marginal growth.
full member
Activity: 652
Merit: 103
June 28, 2019, 05:37:19 PM
No it won't. I believe monero is a good alt. But i'm pessimistic to see monero goes to $500 in just several months remaining. Bearish market always come and drop monero price. But i hope the price will raise again since bitcoin and other alts price are in a good trend.
full member
Activity: 952
Merit: 110
June 28, 2019, 05:20:21 PM
Monero is a good altcoins and I'm holding few in my portfolio but let's not exaggerate its value ,if xmr have to get to 500$ this year then it will only happen if altcoins season takes place
hero member
Activity: 1218
Merit: 534
June 28, 2019, 05:12:49 PM
Monero won't be anywhere close to $500 this year, it will be a miracle if it even reaches $200.  It is slowly dropping down on the list on Coinmarketcap and even Bitcoin SV is ranked higher now Sad  I still think it is worth buying but I would invest more into altcoins like ethereum instead.
Pages:
Jump to: