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Topic: Will Monero Reach $500 in 2019? - page 21. (Read 20282 times)

full member
Activity: 602
Merit: 101
March 17, 2019, 12:07:54 PM
#86
There is always a chance and I hope that there are a very large number of opportunities to increase prices not only at Monero. I think that we will have the opportunity in the future to make a lot of X and other altcoins.
hero member
Activity: 1722
Merit: 895
March 17, 2019, 10:42:09 AM
#85
In my opinion, not because their highest achievement monero is only when exposed to bullish market influences and in my opinion to return there seems to be very distressed for monero, and also coins that can be mined mainly problems are difficult to increase prices except for major coins like bitcoin
sr. member
Activity: 812
Merit: 256
March 17, 2019, 10:24:26 AM
#84
IMO, it should not be a problem for Monero to go to $500 again since it can achieve $500 in its last ATH. I believe that it is doable but can’t say for sure it will happen in 2019. 
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
March 17, 2019, 10:22:33 AM
#83
I really wonder how people make this threads i mean where does 500$ value come from. Why not 450 or 600?

Also 500$ something can be reached but also it is something can't be reached.
full member
Activity: 546
Merit: 100
March 17, 2019, 10:17:33 AM
#82
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?
If we can mine 18.4 million Monero, surely its price will increase but it cannot reach $ 500 for a Monero, if it reaches $ 500 / monero, and how will  bitcoin be ?  if it is mined out all?
legendary
Activity: 2730
Merit: 1288
March 17, 2019, 09:38:55 AM
#81
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.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
March 17, 2019, 09:30:54 AM
#80
That's good news for Monero holders but bad news for some miners who mine Monero on Coinhive they are now closing shop
the reason is The drop in hash rate (over 50%) after the last Monero hard fork hit us hard. So did the “crash“ of the crypto currency market with the value of XMR depreciating over 85% within a year. This and the announced hard fork and algorithm update of the Monero network on March 9 has lead us to the conclusion that we need to discontinue Coinhive.

Read the complete articles here
https://coinhive.com/blog/en/discontinuation-of-coinhive
Do you know that? coinhive is an evil and so many people have known very well about that if coinhave was an evil miner. I m feeling glad to see coinhave discontinue its service. thanks for your information but i will never read that link.
member
Activity: 280
Merit: 14
March 17, 2019, 09:26:56 AM
#79
Monero has not been a bad coin in the coin market cap even at this bad situation it had no done very bad. But even ethereum would find it hard to reach 500$ not to talk of monero
member
Activity: 560
Merit: 10
March 17, 2019, 09:15:01 AM
#78
Not even thinking if it would 10x that easily. Just see about the ethereum past pump due to the block halving. It just pump approximately 50-60%.
full member
Activity: 728
Merit: 103
March 17, 2019, 09:13:22 AM
#77
It is predicted that monero will go much higher than $500 so that is a low estimate. However, for 2019 it is a maybe as the market is still unstable now. Monero could be the coin of choice for rich people to hide their wealth, it is better than bitcoin for this aspect
full member
Activity: 598
Merit: 100
March 17, 2019, 09:07:10 AM
#76
Lets see in the coming few weeks if the monero will really reached $500 in this year.
You are very optimistic on the next run of Monero, that is undoubtly a good coin.
However, to reach $500, I don't think Monero can do this task in next weeks or even months.
It is a really hard task for Monero to finish, it can but it have to fight hard to hit that point
It can hit that price because in 2017, Ethereum and Dash can hit $1000 per coin or even higher.
So, why not hit $500 for Monero.
Yeah you are right Monero will hit that price.According to the historical price of monero in the last two years Monero reached it 's highest price and no one can explain what is happened.Maybe this year or in the next few years it wil happen again to Monero to reach highest price even more than$500.
full member
Activity: 487
Merit: 100
March 17, 2019, 06:35:52 AM
#75
Lets see in the coming few weeks if the monero will really reached $500 in this year.
You are very optimistic on the next run of Monero, that is undoubtly a good coin.
However, to reach $500, I don't think Monero can do this task in next weeks or even months.
It is a really hard task for Monero to finish, it can but it have to fight hard to hit that point
It can hit that price because in 2017, Ethereum and Dash can hit $1000 per coin or even higher.
So, why not hit $500 for Monero.
full member
Activity: 728
Merit: 139
March 17, 2019, 06:31:26 AM
#74
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.
Well , there is a certain logic in this statement, because the harder it is to get something, the more valuable it becomes and most likely it will happen with Monero, when all the coins will be mined. But I do not understand how these predictions are related to 2019? This year's bull rally is not expected, and all coins in the monero network will be mined in 2022. I do not think that the price of monero will greatly exceed the mark of $ 100 this year, but in 2022, perhaps, the price will soar above a thousand bucks. This is what I think about it.
full member
Activity: 657
Merit: 100
March 17, 2019, 06:09:19 AM
#73
If there is a bull market same as the one happened by 2017, then we might see Monero reaching the price above $500. Earlier the ath of Monero was found close to $500. The team behind Monero is quite good and lot of miners have good dependence on Monero as it is easy mineable in comparison to other top altcoins listed to coinmarketcap.
I think no possibility to again in 2017 bull run happen in the year, if happen than must be Monero will be reach 500$, now 50$+ current value in that case 500$ is definitely big deal. Binance added extra two trading pair XMR/BNB and second one is XMR/USDT it was last week monero update.
legendary
Activity: 3416
Merit: 1225
March 17, 2019, 05:26:01 AM
#72
It's not possible this year but I'm very bullish on Monero it's just unfortunate that Coinhive one of monero's   mining site is closing down, I'm using their feature to mine Monero using my website's offer, I still believe Monero is very cheap and this is the best time to acquire Monero and I recommend this exchange Buy Bitcoin, Ethereum and Monero
sr. member
Activity: 1624
Merit: 267
March 17, 2019, 05:11:40 AM
#71
Lets see in the coming few weeks if the monero will really reached $500 in this year. Don't worry this coin is one of the potential and I have some and I believe too that possible for monero will become that value or thousands of dollars or more depends to the market. Once the market up for sure rising for the value of the monero will happen too. But there is possibility or chances that monero will not reach that so stay tuned.
full member
Activity: 406
Merit: 112
March 17, 2019, 05:06:18 AM
#70
If there is a bull market same as the one happened by 2017, then we might see Monero reaching the price above $500. Earlier the ath of Monero was found close to $500. The team behind Monero is quite good and lot of miners have good dependence on Monero as it is easy mineable in comparison to other top altcoins listed to coinmarketcap.
Such an unbelievable bull market can only happen in the year of 2021, not this year, not next year.
Personally, I believe that $500 is a high price, but reachable price for Monero, but the coin need to see more achivements from developments and community expansion next years to hit that point.
full member
Activity: 1210
Merit: 100
March 17, 2019, 04:49:10 AM
#69
In my opinion, this will not happen, since this token has no special advantages over similar projects. Monero can only provide anonymity, but at the moment anonymity is present in almost every project.
in my opinion it's almost impossible because even if the market can recover I think monero won't reach $ 250.
especially if the market does not recover, it is impossible for Monero to rise up to $ 500.
full member
Activity: 854
Merit: 102
MoonDeFi
March 17, 2019, 04:32:54 AM
#68
In my opinion, this will not happen, since this token has no special advantages over similar projects. Monero can only provide anonymity, but at the moment anonymity is present in almost every project.
sr. member
Activity: 854
Merit: 267
March 17, 2019, 03:35:55 AM
#67
Unless the market are recovered, it's impossible for the monero to be $500. In addition, many countries, such as France, began to take a stand against anonymous coins. These prohibitions will reduce investors interest in monero.


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