Topic: [XMR] Monero Speculation - page 467. (Read 3314316 times)

Are you anticipating a crash of BTC soon?  If you subscribe to the theory that 20k/BTC could be as soon as next summer( seems fantastic, but is really not so far out), that would put XMR at 20K+ on the same timeline?  A far more fantastic idea!
Or have I misunderstood your meaning entirely?

It was not an upper bound or stable endpoint which I was indicating, but rather my estimate of the range in which the clearing price of XMR would exceed the clearing price of BTC.

Yes, projects such as monero, which provide anonymity to gain momentum. People are waiting for 200 dollars soon think that by the end of 2018, the capitalization of the crypto market will reach $ 1 trillion. If all the money the cue ball will not go think that monero may as well as dash $ 500 cost by the end of 2018. Dash however will be more expensive than the 1000...

F**K, if DASH can hit 600, anything is possible!

Its true, I strogly agree.

Here is one use case mentioned: https://youtu.be/eKjnOi9BUiY?t=3m00s

The price seems to rise very soon to 200 bucks. For Monero followers this may seem like a tiny amount, but soon I think these prices will be better. Just a little time and patience

I think we will rather see XMR over 200 USD then around 120 USD. Coinbase will introduce 2018 new coins, my bet is on XMR and maybe IOTA.
Honestly, what else is left? Small market cap coins? No. NEM, DASH, XRP? Or Bitconnect? lol NEO? Maybe.
If you go through all those available coins only those 2 remain as high probability for introduction into Coinbase.

XMR would be so available to people new to crypto and to bigger investors, as Coinbase wants to make the entrance for those buyers easier.

With the coming storm into crypto we could see XMR prices above 500 USD.

Also the governance structure is really healthy. Monero routinely hard fork with no fork chains appearing. This is an under acknowledged accomplishment.

It is not only profitable to trade, it has been one of those altcoins that has been growing from strength to strength not just in price but in tech. So defiitely agree, once you read about it you realise this is not just another alt project, this really was one of the most different alts to hit the market. It is also one with real world practical use. Guess why all those faucet sites are asking to mine Monero? Because it is also still profitable to do so. Not any more with Bitcoin and all other alts are just too volatile or difficult to mine with computers.

XMR is one of my favourite coins, not only the chart looks promising, but especially it is an Anonymous coin.

i believe that is THE most important characteristic of this coin. political and financial uncertainty in incoming years and government, are gonna push toward a more anonymous and private system. and lots of people will need more and more hiding from financial globalist.

No need to be a conspiracy theorist to see how important the market of "anonimity" really is .

short term monero may take some corrections. but long term, i wouldnt be surprised if it reaches 1k$.

Looking at charts

I can hope but I cannot predict.  If I were opening a new position, I would start in the present with a small amount, and buy small amounts all the way down if it were to go down.  If it appears to bottom and trend up, I would then go all-in..  if on the other hand, it never goes down materially, I would just buy at a moderate but largely price-insensitive rate, perhaps selling small amounts on apparent spikes, to be recovered on any retracement.

Everything for which you can use physical cash, or paypal, or Western Union is a target application for moreero.  After the DNM growth phase, I expect a corporate use phase, for confidential business-critical transfers.  After the corporate growth phase, I expect volatility to be relatively low, and the the HNWI store of wealth use should really take off then.  Whenever privacy is important, Monero is your best choice.  It is digital gold, compared to bitcoin's decentralized SWIFT network.

+ 100% to the price, from November 1, not bad ... but to buy yourself a bit of a monero, I think we should wait for a rollback of at least $ 120. Or do you think that the price of $ 120 in the near future we will not see?

Can you suggest in which areas this coin is actually applicable? Or while the main area of application is speculation?)

Yes, over time it has been and continues to be so.   XMR only just passed its all time high in USD in the past few days.  

You need to get to know Monero and what drives it, and why it is special.  Then I have no doubt you will buy.  Over the long term it has been stunningly profitable.  But of course, you must make up your own mind and decide yourself.

It's the only coin I have ever actually told my family to buy a little of.  I shall be very popular this Christmas when I see them.

Oh Thanks for that laugh. What the.. Ripple ? Lol

I certainly do not have enough time for something to read all 1750 pages, and the desire to find out what is the same in a monero, and why such a huge interest among speculators to this coin, that in the speculation section about a coin of 1,750 pages? Is it really really profitable to trade a monero? Share the guys)

    

Firstly, dark net markets include all manner of free market activities.  DNM does not imply illegal or unethical.

Secondly, BTC had vanishingly small value until it was adopted on DNMs.  It required a "killer app" to give the platform enough utility to overcome the anti-monetary volatility which comes from microcap status.

I challenge you to name one "bad guy" using Monero.  John McAfee and Fluffypony don't count.

DNMs are adopting Monero in a monotonically increasing manner.  DNMs are a growing economy, and the global black market is now in excess of 20 trillion USD p.a..  If just 1% of that market is denominated in XMR at a money velocity of 10 (almost insanely pessimistic round numbers) and assuming NO reserve demand, the XMR market cap will inevitably rise to 20 billion USD, and 1 XMR will clear for 1 ounce of gold.  In reality I expect it to surpass the value of Bitcoin, somewhere around 10 to 20 thousand dollars.

Anyone who doesn't hold XMR because it is sometimes associated with dark markets is an cutting off their nose to spite their face, and their non-participation will have exactly no impact on the inevitable rise of XMR, which has nothing to do with public opinion, and everything to do with inexorable, overwhelming economic forces.

But hey, if your conscience tells you not to hold Monero, I hope you follow it.

I think Monero is one of the strongest alts in the crypto world. Now if only everyone would see that..