Still bullish as ever I see!
I think we should probably see north of $1500USD in 2018.
Any thoughts?
DNM adoption/emission drop alone, not to mention, iOS/Hardware wallets, bulletproofs, even a possible Coinbase onboarding.
I just don't understand why we are not top 5 by mcap. Anyway... room to grow!
Yes Monero and the mystery of market cap is fascinating
iirc it got as high as #5 last year but has been on a steady and slow tumble down the rankings ever since.
Even as I type this it is now at #12 behind NEO and then MASSIVELY behind Dash, I mean if every crypto were to stand still and Monero had a gargantuan increase of +50% it still would not be in the Top 10.
Why? who knows, there sure are a lot of coins with a circulating supply in the billions with a huge market cap probably a psychological buy seeing coins below a dollar being pumped so hard people jump on board rather quickly.
Maybe it can't shake the negative stigma around it that its basically only for criminal activity in a way that Bitcoin was able to shake.
Or maybe its because (My personal theory) people just don't give a damn about privacy, when you take that away its just a slower more expensive version of many other coins with implementation moving at a snails pace.
I still think it will move up gradually in fiat value (as a bagholder I sure hope so) but maybe it won't be in the top 10 ever again, would have to increase way over 50% to even keep up at this stage.
Who really knows though its crypto after all crazy market that makes sense to no one!