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Topic: Will Monero Reach $500 in 2019? - page 24. (Read 20280 times)

member
Activity: 355
Merit: 27
March 14, 2019, 02:25:00 AM
#26
To date, the cost of Monero is $52. In order for the cost to increase 10 times (up to $ 500), the entire cryptocurrency market must go up proportionally, and at a very fast pace. Anyway, with any achievements of Monero, but without the rapid growth of the entire market, the price does not increase 10 times. This is too much, especially for such a period of time.
member
Activity: 742
Merit: 21
Be the reason someone smiles today
March 14, 2019, 02:10:38 AM
#25
Anything is possible in crypto due to its volatility,  but this will most probably not happen.

In order for Monero to reach 500$, glabal capital should increase ~ 10 times. This means a lot of new money should be thrown on the market. All signs indicate rather the opposite.
sr. member
Activity: 1056
Merit: 251
March 14, 2019, 01:52:09 AM
#24
There are so many news spreading that Monero will going bullish this year 2019. The current price of XMR is $50 and I really doubt it will go up that far. Even if it has a great objective and platform, i do not think it will hit $500.
I also think that the price will not be 500 dollars this year. But I expect that the price of monero can be more than 100 dollars. This is the same anonymity coin.
jr. member
Activity: 406
Merit: 1
March 13, 2019, 09:37:42 PM
#23
Moreno had reached the level of $ 52 and mining in the market was $ 16.8 million, the possibility of reaching the level of $ 500 seems difficult.
 This looks quite heavy, this year still has a market that is less supportive.
sr. member
Activity: 1330
Merit: 326
March 13, 2019, 08:59:20 PM
#22
There are so many news spreading that Monero will going bullish this year 2019. The current price of XMR is $50 and I really doubt it will go up that far. Even if it has a great objective and platform, i do not think it will hit $500.
newbie
Activity: 14
Merit: 0
March 12, 2019, 05:41:04 AM
#21
500 is abit much right now but I think it could possibly go to $100 which is double its price right now
full member
Activity: 798
Merit: 103
March 12, 2019, 05:39:06 AM
#20
I don't really know if this can happen or not. It will depend on the recovery of Bitcoin. But i think that it is possible one day to see this price, but i don't know if it will happen this year.
newbie
Activity: 13
Merit: 0
March 12, 2019, 05:26:26 AM
#19
I don't see it going to that price by the end of the year without a serious bull run which doesn't look like it will happen for a while yet. But monero is a very good coin and its low supply and technology will send the price back up soon I believe.
full member
Activity: 807
Merit: 150
March 12, 2019, 04:15:03 AM
#18
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
sr. member
Activity: 2618
Merit: 439
March 12, 2019, 04:18:53 AM
#18
Nah, I don't see Monero getting into that price. The only moment we can see it getting to that level is that the market goes on another bull-run. It's last ATH is $542.325. We are down 90%, how do you supposed to overcome that this year alone? We need to see the market pump like 2017, but I doubt we are going to see it this year.
legendary
Activity: 1315
Merit: 1002
March 12, 2019, 04:12:02 AM
#17
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?

Ask yourself if Monero is the only coin out there in existance, does is offer something unique? What people's needs does it satisfy? Answer those questions and you will have your answer. Total supply is irrelevant in most cases. The lack of people is being short-sighted that's why history repeats and maybe that's ways we might see new heights without any reason why.
hero member
Activity: 3024
Merit: 745
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March 12, 2019, 04:10:59 AM
#16
The highest that Monero reached was $400 and although I'm not a supporter of it, I think it's possible to see it but for 2019? who knows.
member
Activity: 336
Merit: 12
March 12, 2019, 04:10:55 AM
#15
Expecting 500$ per monero by the year end is too much ,we all know what the market condition has done to many good coins and tokens out there ,500$ per monero can only happened if bullrun manages to come back
hero member
Activity: 2660
Merit: 551
March 12, 2019, 04:04:49 AM
#14
I doubt that Monero will reach $500 this year. A lots of coins is struggling, even bitcoin so what it doesn't makes any sense for Monero to suddenly jump in price when the most beloved coins is not having a sort of bull run. You also have to factor that Monero is a privacy coin, so there will be a lot of struggles specially governments who are trying to discredit it, for the reason being it's going to be used by criminals.
jr. member
Activity: 532
Merit: 6
March 12, 2019, 04:00:16 AM
#13
Monero does not have the required growth, developments, and massive adoption to thrive in 2019, so i am not sure it can attain a much better price of 500$
Just like every other coin, monero suffered from the bearish market and the project has been quiet on all axis.

You can move the thread to altcoin speculation for more suggestions.
hero member
Activity: 1932
Merit: 504
March 12, 2019, 03:54:41 AM
#12
I don't think that it would happen this year maybe in the future but not in this year,
$500 per monero is too high and I think you also know it just look at its current price it is too far.
$500 maybe if Monero have good things like ETH, it will happen.  Grin But who knows, if some people who have power pump it, that thing can be happen easily. In crypto some price of coin can be manipulated, so everything can happen.
newbie
Activity: 3
Merit: 0
March 12, 2019, 03:51:29 AM
#11
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?
Monero is a very good and well-established coin on the market which strikes the attention of users because of its anonymity. The project is developing and it has no problems, good capitalization. I don't think investors will be cold-blooded to Monero. I think that Monero all a great chance to overcome this psychological mark.


Yes, Exactly!
sr. member
Activity: 868
Merit: 265
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March 12, 2019, 03:48:23 AM
#10
Monero's successfully completed fork did not even affect the price. I don't think it's right to get an expectation from the XMR before the real bull comes.
sr. member
Activity: 1176
Merit: 301
March 12, 2019, 03:39:26 AM
#9
I don't think that it would happen this year maybe in the future but not in this year,
$500 per monero is too high and I think you also know it just look at its current price it is too far.
sr. member
Activity: 812
Merit: 250
March 12, 2019, 03:35:50 AM
#8
$ 500 is a price that is too high for Monero (XMR). the highest Monero price (XMR) occurs in January 2018, with a price range of $ 494.
at the current price of monero, which is around $ 50, it will be very difficult to reach this price in 2019.

resources : https://coinmarketcap.com/currencies/monero/
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