Topic: [XMR] Monero Speculation - page 102. (Read 3314316 times)

Who bought the sub 0,0065dip, i am waiting for the sub 0,0060dip to come 

Damn, that BTC/XMR price is looking tasty.

I think we all know transaction growth can be easily faked

They can take a hint from all the reports of "an unknown amount of Monero was seized".

Sure some people are not 1 million percent happy with BTC but how will they know to use XMR ?

This market is all about Btc and right now it's not showing a true representative of some outstanding technology like Monero. Physical cash between 2 individuals is private and so should digital cash. Monero is what people think Bitcoin is.

So this year is proving to be rather interesting. We are witnessing the end of the petro dollar and quite possibly the beginnings of a hyperinflation event. Additionally, we are starting to see food shortages in the US, particularly in meat products. This is reflected in reduced availability, increased prices, and buying restrictions that have popped up long after the "COVID-19" measures were implemented back in March. It's also worth mentioning that consumer staples are generally the LAST products to be affected by inflation, which means you're less likely to notice any discrepancies during your weekly grocery store visits. Don't get caught with your pants down, and don't assume this bubbling of the stock market represents any kind of value-add to the economy. Shares are likely increasing only due to the rapidly eroding buying power of fiat.

Because of this, I no longer think it's wise to track Monero prices in USD or other fiat currencies. Moving forward I'm only concerned with its value measured in precious metals or maybe soft commodities like coffee or cotton. We've sat around for the last two years waiting for some action in the crypto space but this year we're in for a hell of a lot more than we bargained for.

My short-to-medium-term prediction is that stocks and precious metals will continue to rise due to the eroding USD and shaky market confidence, respectively. Many investors will continue to remain in cash, but as businesses begin to reopen it will become painfully clear how much the purchasing power of their fed notes has deteriorated. Further, surviving businesses will likely be in considerable debt with lost time to make up for, and will pass on the costs of these obligations to their customers. This will lead to a transition of capital into the precious metals market, with silver seeing the bulk of that movement, perhaps even returning to its historical 1/15th price ratio to that of gold. Savvy investors looking for other opportunities to side-step the inflation will see crypto currencies as the natural "location-independent" alternative to precious metals.

Monero is currently traded at roughly 4X the spot price of silver. I see that ratio doubling to 8X by end of year or sooner. That would put us at around $480 if we see silver hit $60 in the coming months, but again I expect fiat prices to become increasingly meaningless.

Price of most altcoins move the same at the same time only until they dont move the same anymore.   If more people use a coin i have to reflect to the price. Such event happened in August 2016. Now transactions growth is more steady but at some point price will follow.

Inflow outflow from daddy coin (BTC)

What do you guys think about the collateral to other altcoins like dash or ether? When monero is something special why the price of most altcoins move at the same time?

In Monero we trust

Thanks I needed a good laugh.

Don't know if you've ever heard of it, but there's a family of moths in the order Lepidoptera called the Gambler Moths.
They're known for their failure to hodl in the most critical times, and are strongly attracted to flame.
The most famous species in this family is Opodiphthera huerstici.  It was discovered by Vladimir Nabokov, and inspired him to write his novel Pale Fire.

People don't understand this, if it doesn't half they don't get the fact that the emission is drying up and when they do notice it will one big parabolic with most left out in the cold.

Thats why I'm paranoid about going any period of time not holding, it happened to me once and I'll be damned if I let it happen again.

It challenge it on a micro level from the last September. If it continue with this rate then very soonTM.

MONTHLY TRANSACTION COUNT
                 Monero   Bitcoin   Ratio
Apr 2020   365,875   8,702,021   4.20%
Mar 2020   303,291   8,904,203   3.41%
Feb 2020   231,953   9,439,548   2.46%
Jan 2020   257,942   9,612,337   2.68%
Dec 2019   216,720   9,430,057   2.30%
Nov 2019   212,716   9,243,776   2.30%
Oct 2019   179,114   9,892,853   1.81%
Sep 2019   159,225   9,798,992   1.62%


Also few days after Bitcoin halving Monero mining emission will go under 2%. 

XMR !    seriously bro, seriously?

I do not really follow the development of Monero, but if I read from several friends' posts in this forum, it means that the monero price is good. and I think this is good for investment only and not for big profits
 

Loving the dips on the btc ratio, feel it's got a legit chance of Monero challenging Btc in the future, to me Monero is digital cash.

Its being seeded, don't ask me how I know.

Torrents now that's a name I haven't heard in a long time