Think it is over for Monero at this point. BTC ratio is getting weaker and doesn't show signs of a rebound. XMR volume remains low compared to eth and btc and still hasn't gained any notable adoption rate. Time to pack it up boys and head for greener pastures. Was a good ride while it lasted.
On the contrary, getting out now would be ridiculous. Monero has bottomed and steadied, while other alts are continuing to crater. XMR now sits in the top 10 on CMC, and in terms of price has shot past LTC and in market cap has left Dash / Darkcoin for dust. Even in USD terms Monero is way above the $30 level it hit not so long ago.
Yes, BTC is unassailable right now, due to institutional money only wanting the liquidity and security of the No. 1. However, when retail returns the market cap dominance rise will stall as the whole market has its day again in the reflected sunshine of the next bull run.
XMR is currently a great buy. Thanks for confirming this with a little welcome trolling.
Does the top 10 really mean anything? These projects are ranked ahead of xmr:
Ripple: centralized excel spreadsheet
eos: centralized can take your coins
Bitcoin SV, Bitcoin Cash, I don't really care about these coins but most of the bitcoin guys here consider these to be scam shitcoins.
I really do think this time is different and don't believe XMR will ever recover in btc price.
All these people kept saying it wouldn't go under .012, they were sure of it.......
I still applaud the privacy angle they attempted to do but that doesn't really have an effect on the price.