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Topic: Will Monero Reach $500 in 2019? - page 13. (Read 20282 times)

sr. member
Activity: 798
Merit: 250
April 21, 2019, 09:44:22 AM
I do not know in advance, but maybe the crypto market will recover in the future. Good altcoin has the same opportunity to grow!
sr. member
Activity: 517
Merit: 257
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April 20, 2019, 05:13:23 PM
As a symptom of the general market rise I think monero will go even higher than $500. Patience is key here!
jr. member
Activity: 1806
Merit: 2
April 20, 2019, 04:09:27 PM
As you know every coin and token is at low level and bitcoin also ,so i hope at the end of 2019 Monero will be reach $500 may be more than $500 in 2019.
full member
Activity: 686
Merit: 100
April 20, 2019, 03:55:57 PM
As a leading privacy coin with a talented development team, Monero (XMR) can potentially reach $500 at some point in the future, but I wouldn't bank on it in 2019. We are not even sure if the bear market has ended yet. Part of what makes XMR so enticing is that its supply is limited.
in my opinion it is difficult because at this time the market condition is still not changing from a long time, although there is an increase but there is no significant.

but if the bull market really happened this year then maybe the monero could touch the price of $ 500 will increase but in my opinion it is still difficult because at this time the price is still very far.
newbie
Activity: 19
Merit: 0
April 20, 2019, 03:43:12 PM
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hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
April 20, 2019, 03:36:43 PM
There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

This kind of statistics in the crypto ecosystem does not really guarantee that there will be an increase in the market value of a particular crypto coin. Considering the current state of the crypto market, there is no chance that the price of Monero reaching $500 at the end of 2019. The possible price of Monero can attain at the end of 2019 will be between $90 and $100.
Yes, it is no secret that, the chances are low for the specific crypto to reach these levels except something bigger happens in the project. The current price anlaysis is ineffective because of the time factor in the young coins. The past performance doesn't guarantee future success.
sr. member
Activity: 854
Merit: 281
April 20, 2019, 03:35:55 PM
As a leading privacy coin with a talented development team, Monero (XMR) can potentially reach $500 at some point in the future, but I wouldn't bank on it in 2019. We are not even sure if the bear market has ended yet. Part of what makes XMR so enticing is that its supply is limited.
full member
Activity: 298
Merit: 100
April 20, 2019, 03:32:52 PM
There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

This kind of statistics in the crypto ecosystem does not really guarantee that there will be an increase in the market value of a particular crypto coin. Considering the current state of the crypto market, there is no chance that the price of Monero reaching $500 at the end of 2019. The possible price of Monero can attain at the end of 2019 will be between $90 and $100.
full member
Activity: 602
Merit: 102
April 20, 2019, 03:18:51 PM
I don't think Monero will reach $ 500 that soon, maybe next year although I doubt it will reach that price , I believe Monero is good coin and one of my mainstay coins .
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
April 20, 2019, 03:09:08 PM
Even though it's a privacy coin with anonymous transactions, I seriously doubt this happening this year. The current market is yet to recover from the bear and untill it's stable then you can talk of higher value for xmr. Though it's has a finite supply, a higher price for bitcoin may just push it up a bit but not up to $500
full member
Activity: 1316
Merit: 105
April 20, 2019, 03:04:24 PM
Monero won't reach $500 in 2019 and may not reach this price ever. this coin is used for privacy and such demand is limited.
full member
Activity: 1382
Merit: 105
April 20, 2019, 02:54:40 PM
As you know prices of all coins and tokens are down at this time BTC also down so in coming months or end of the 2019 it hope that Monero will reach $500.
sr. member
Activity: 728
Merit: 252
April 20, 2019, 02:36:53 PM
If bodies such as the SEC do not stop monitoring cryptocurrencies and try to verify us, then nothing will happen, but if they do this, projects like Monero will have a big increase in price. On the other hand, how do we know with you that this project really has great opportunities.
legendary
Activity: 2730
Merit: 1288
April 20, 2019, 12:27:22 PM
of course, it possible if bitcoin will grow to 15k $, As I understand when btc is growing - everything will grow too, so monero is perspective as others


But Bitcoin will not be $15000 in 2019. 2020 is different story.  But hopefully Monero will make a leg up on itself this year.
full member
Activity: 896
Merit: 103
April 08, 2019, 02:15:14 PM
of course, it possible if bitcoin will grow to 15k $, As I understand when btc is growing - everything will grow too, so monero is perspective as others
copper member
Activity: 191
Merit: 0
April 08, 2019, 01:56:17 PM

I don't think he's going to go that high. The reason for this is that the bull season still does not come. If the bull arrives in 2020, it will reach the values ​​you specified. However, in 2019, this seems unlikely.
member
Activity: 151
Merit: 10
April 08, 2019, 01:50:54 PM
Is looking very good, but I don't think that will reach 500 is a bit too much for 2019, but who knows...
legendary
Activity: 2730
Merit: 1288
April 08, 2019, 01:31:09 PM
There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

Monero will have 18.1 million mined mid 2022. So in 3 years time.  After that it will add like 150k XMR every year. And that way forever secured its network not needed  to rely on fees.  Number of daily mined Monero decrease drastically. and went from 25k in April 2014 to 2150 XMR today. 25k XMR mined daily was huge selling pressure that kept Monero price low for years. Now that pressure is slowly going away and that will reflect on Monero Bitcoin ratio.

I dont think $500 Monero in 2019 is likely to happen. Yes of course it is possible but for that needs a serious adoption to happen. Without that adoption to happen and relying only on Bitcoin cycle we should see a $500 Monero in beginning of 2021.

I didn't know that there will be a constant issuance of 150k Monero per year. Will it be 150k per year infinitely?
Every year the issue of Monero coins will decrease.
but in the coming years, the release of new coins will be at the level of 100-150 thousand per year.

Yes and then finally the block reward will go to zero and the network incentives will only come from transaction fees?

No it will stay at around 150k.  What will decrease is a % that that will add to the whole number of coins in existence. I believe it will be 0.87% yearly and then just decreases slowly.   Gold yearly mined inflation is between 1.5% and 2%.  Current Monero yearly issuance inflation is around 4%

Ok thank you for the clarification. Do you think that it is good to have an infinite issuance of 150k per year? Could that in theory be changed if the majority of the network agrees or what are the majority rules for such changes? Do you know that?

Of course it is good since it is the only way to secure the network. Fees will never be high enough to secure network on its own. Bitcoin and many other copies of Bitcon will have this problem to add tail emission "soon". In Bitcoins case in about 15 years time.  Main point of money is top be secure. If someone make you think he sent you coins but he did not then that is not the money anymore and value of such coins will be zero.

And what if Bitcoin turns into a pure store of value? Wouldn't it even be better for it to become deflationary?


How can you store value if anyone can make 51% attack and fake its transaction that never happened? Would that not make that coin worthless? If you would be always scared that whenever you receive Bitcoins you would get fake ones?   When network is not secured enough and I believe you cant secure it just with fees. Then this will happen.  But as I said. Bitcoin should be safe until at least year 2040. So there is plenty of time to find solution or add tail emission like Monero solved this problem.

Monero with 0.8% yearly emission will be deflationary. I am totally positive about that. That will barely cover the lost coins. As I mention before that will be even less then half less as gold have. Is gold inflationary? I dont think so. One ounce of gold bought you an amour in roman times. One ounce of gold bought you a business suit 100 years ago and one ounce of gold buys you a designers outfit today. So pretty neutral, nor deflationary nor inflationary.   And gold was tested over several millenniums. So the answer is pretty clear. Monero will be deflationary. So as Bitcoin already 6 years from now.

This is a huge exaggeration to say that anyone could pull off a successful 51% attack on the Bitcoin network. You need the hardware and all the other resources. who has that and once somebody has it, why not just use it to mine it?


This is not what I wrote. Have you read what I wrote or not?  Let me try to explain once again just for you.

Bitcoin secures its network right now with coinbase. 12.5 BTC, there is also some from fees. I see in last 10 blocks fees were from 0.1-1 BTC.  This Bitcoins secure network. This is why miners mine. Now coinbase is halving every 4 years and in like 15-20 years will get quite low. Lightning dont use any fees. If most transactions will go on lighting then fees will not increase and will stay at similar level as now. This as a result will make Bitcoin network insecure. Bitcoin developers will have to find a solution. There is plenty of time for that. One of the solutions is to add more supply like Monero did.  
newbie
Activity: 15
Merit: 0
April 08, 2019, 06:43:59 AM
It is absolutely true that we will get a cheaper price if we can buy directly, and Monero is a very good place for future investment, and I am very confident that in the future the price of monero will soar even higher, and now is the right time to buy Monero prices are currently experiencing a very deep decline but  provides a great opportunity to profit too.
copper member
Activity: 479
Merit: 11
April 07, 2019, 09:13:06 PM
There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

There's a big possibility that it could happen if the bull trend continues, right now we have a good run if this continues and all the coins are going up it has potential, and it could happen last quarter of this year.
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