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Topic: Will Monero Reach $500 in 2019? - page 11. (Read 20282 times)

hero member
Activity: 3024
Merit: 745
Top Crypto Casino
April 23, 2019, 05:45:23 PM
Monero are good currency. But it will not go $500 in this year. Because the market are not too jump in that time. I think it will go highest $200 in this year.
We're done for the first quarter of this year and let's see if the 3 remaining quarter will be meaningful for the whole market. If it becomes colorful and goes on bullish, we might even see $300 but not $500.
It will be nice to see the Monero keep rising like other coins during the bull run of btc. Many people had invested in many coins during the 2018 and still are in heavy losses as market had gone red in 2018 and people have being holding patiently for the rise to happen.
Majority who entered during the peak are in major loss and its nice to see that the market has recovered 1/4 of that devastation that we had experienced before. Including Monero, I'm sure that it's likely to get the spotlight soon.
jr. member
Activity: 504
Merit: 5
April 23, 2019, 12:41:08 PM
It might be possible but price prediction never work in cryptocurrencies because of it decentralized nature, many assumption about price can only happened with surprise when we never expect it. Bitcoin is the driver of almost all cryptocurrencies hopefully when it rises Monero may get to $500 in 2019.
full member
Activity: 672
Merit: 140
April 23, 2019, 12:31:46 PM
Of course there is a chance...
But, only if BTC will be around 30k+. But, not really trust that it will happen this year. Obvious price, if everything will go good, might be around 200$, what will be really nice. (Actual price around 70$)
full member
Activity: 616
Merit: 100
April 23, 2019, 12:25:52 PM
It is difficult to predict for Monero in 2019, but I think it is difficult to achieve this year's price of $ 500, when the BTC grows strongly and the Altcoin increases accordingly.

but if the positive trend continues then the Monero will likely be able to go up high and even though it's difficult to reach $ 500 but I think I can approach it because a good market will make coins easier to ride.
jr. member
Activity: 188
Merit: 1
April 23, 2019, 11:49:54 AM
It is difficult to predict for Monero in 2019, but I think it is difficult to achieve this year's price of $ 500, when the BTC grows strongly and the Altcoin increases accordingly.
jr. member
Activity: 333
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April 23, 2019, 11:31:35 AM
It’s quite very very difficult that monero will reach $500 by the end of this year. Cause you know the situation of crypto market is still in bearish trend and for this every coins price is dropped. But I hope monero will reach that target within next 3 years.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
April 23, 2019, 11:25:08 AM
If we can see the BITCOIN more than 10000$ then the possibility for the Monero to hit the 500$ can be a real. 2019 will be interesting to watch and buy the altcoins but there are scam projects that can ruin this purpose.
sr. member
Activity: 1148
Merit: 254
April 23, 2019, 11:23:58 AM
Monero is great coin. it top 13 in coinmarketcap and time high already reach about $490+ in 2017, so the price surely will exceed that price, we want monero reach $500 in 2019, but i think if 2019, not the time. Need maybe 2 or 3 years from now
you are right. for this year, it looks like Monero has a very small chance to reach the price of $ 500. well, even though it belongs to the 15 best coins in the coinmarket. still it will be difficult to reach that price. you're right, maybe at least 2-3 years it can be achieved again.
full member
Activity: 1554
Merit: 101
April 23, 2019, 11:18:24 AM
it depends on bitcoin price because if bitcoin raise, then other will follow it, specially coin with rank top 50 cmc.
they usually follow btc price immediately, but some coin will pump if have some new feature or it naturally happen demand and supply.
legendary
Activity: 1358
Merit: 1000
April 23, 2019, 11:13:47 AM
When compared to the development of other Alts monero has still a long way to go to reach $500 we cant give false promises without knowing the market conditions. Yes monero has a great future without any doubt and most probably it will come under the top rated coins table in couple of days.
Monero is one of the best altcoins, so it surely deserves higher price. However, for now, the coin has lots of things have to surpass to hit $500 someday. In the future, when crypto will become more widely accepted in human civiliaztion, it is sure that not only bitcoin, but also good altcoins will hit their higher price, including our favorite coin, Monero.

Monero is on the third place on my personal list of the best cryptocurrencies. I wish it would reach 500 dollars this year but still, I do not see that it shows very fast movement. Probably, a bit later it will do this jump.
sr. member
Activity: 1512
Merit: 316
April 23, 2019, 12:14:41 AM
Monero are good currency. But it will not go $500 in this year. Because the market are not too jump in that time. I think it will go highest $200 in this year.
We're done for the first quarter of this year and let's see if the 3 remaining quarter will be meaningful for the whole market. If it becomes colorful and goes on bullish, we might even see $300 but not $500.

It will be nice to see the Monero keep rising like other coins during the bull run of btc. Many people had invested in many coins during the 2018 and still are in heavy losses as market had gone red in 2018 and people have being holding patiently for the rise to happen.
full member
Activity: 560
Merit: 100
April 22, 2019, 11:55:13 PM
I don't think so ,it will be very hard for Monero to reach the price in nearest years.Most likely in 2022 bitcoin will touch again 20k level and I guess Monero will do the same with 500$.
member
Activity: 644
Merit: 10
April 22, 2019, 11:35:25 PM
It is really hard for Monero to reach $500. Actually crypto currency are depending on bitcoin. Price of bitcoin can effect on the price of crypto. For ethereum, it is possible to reach $500 but for monero, i think it is not possible for this year.

Of course the biggest factor that makes the altcoins price up or down is bitcoin, and the Monero price can reach $ 500 if the bitcoin price is at least $ 25k, if you look at market conditions that have not recovered it seems difficult to achieve this year.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
April 22, 2019, 11:12:19 PM
If we are going to compare the price movement for the last 5 months I don't think it can reach that level, the price is moving slowly and we are moving in the second quarter if we can finish the second quarter and we can get Monero in the $300 level then it's possible fo Monero to finish $500 this year.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
April 22, 2019, 08:05:54 PM
There is a big possibility that you have pointed out the correct one. They are nearly in their maximum limit already therefore there is a big chance that it's price will skyrocket especially once they will hit their limit in the following months or year.

But 500$ is kinda long possibility if we will talk about this year only. Though we will not know unless the time will come, if it will hit 500$ by this year then there is a big possibility that it will be part in the top 10 in coinmarketcap.
jr. member
Activity: 154
Merit: 4
April 22, 2019, 07:23:59 PM
Privacy and fungibility are, in my opinion, essential characteristics for a cryptocurrency to be actually used as cash. That's exactly what Monero was made for. Also, in the future, with regulation tries coming in the dawn, those characteristics will be very desirable in crypto (more than ever).
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
April 22, 2019, 05:57:23 PM
Monero are good currency. But it will not go $500 in this year. Because the market are not too jump in that time. I think it will go highest $200 in this year.
We're done for the first quarter of this year and let's see if the 3 remaining quarter will be meaningful for the whole market. If it becomes colorful and goes on bullish, we might even see $300 but not $500.
full member
Activity: 1026
Merit: 110
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April 22, 2019, 05:56:18 PM
I'm not sure that monero can reach $500 this year. The tight competition in crypto currencies made many new coins appear that were more technologically innovative. Indeed, the limited number of monero makes the opportunity for a higher price increase in the monero to occur but I am not sure that monero can compete with other potential coins. Indeed monero is one of the potential coins, but there are still many other potential coins that are competing to gain public trust. The limited amount of monero resources does not guarantee that the price of monero will increase. All depends on conditions and competition in the market. Yeah, if you are a monero lover, hopefully monero can reach the price you expect.
hero member
Activity: 1484
Merit: 535
April 22, 2019, 05:45:32 PM
Why do you think Monero has the chance to reach $500 by the end of 2019? Monero getting closer in reaching its maximum supply of the coin is not really a strong indicator to influence the price of the coin.  Considering the trading details provided by coinmarketcap, Majority of the exchange platforms that trade Monero have it paired with Bitcoin. This means that the fluctuations in the price of Bitcoin has a strong influence in determining the market value of Monero. The only chance Monero has to reach $500 is when Bitcoin is worth about $17k or $20k.     
sr. member
Activity: 1036
Merit: 275
April 22, 2019, 03:43:43 PM
In as much that the crypto ecosystem kinda operate under the principle of  demand and supply, there is no way Monero can have a market value of $500 in 2019.  Its all time highest market price was $495.84, this was when Bitcoin market value was around $17k.  The highest price I see Monero attaining in 2019 will be between $90 and $150.
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