We'll see. XMR isn't a smart contract platform. It needs traders to keep the wheels spinning.
Almost hit the nail on the head, but not quite. It needs an economy, and DNMs are the critical bootstrap to a level of liquidity where the storage and transfer capacity corresponds to the needs of big money users (HNWIs, corps, and TLAs). Right now DNMs are reeling and traffic is negligible. But in less than 6 months there will be 20x the DNM throughput that we saw in SR1 , which took BTC to USD100, and perhaps 50% of that traffic will be denominated XMR, which will put the unit cost around $1000 by March - before the FOMO is factored in.
These are the last cheap coins, people.
I wish I could share your optimism.
Optimism is meaningless. The math does not lie.
Been accumulating - I had promised myself to pull a chunk of crypto profits out (for property investments and diversification that I can sleep easier with). However, seeing Monero under 0.012? Irresistible.
Somehow in XMR I am back up to where I was in coins - and I am happier than ever. BCH windfall has helped ofc. Where else do I put free money?
Keeping a few BCH just in case miners do find BCH more profitable and shift over, but unless Ver and Wu have more tricks up their sleeve I will dump the rest before the diff goes up on BCH as much as it ought to.
I'm curius if it can get at least to parity with Dash in terms of market cap. Monero is way better, so I don't understand why Dash should be more valuable.
