My god, XMR is a loser crypto coin in this current environment. Look at 7 day and 30 day return for the Top 30 coins and you will see only maybe a couple of them have gained less than XMR.
At least it is going up, slowly, but just frustrating to see everything double and tripling and quadrupling around it.
And you can bet when the market tanks, XMR will drop hard just like the rest of them.
And where is all that new money going as those bubbles deflate, or even just correct? Not all money is smart money, and only some of the smart money will want to be private. But that money pretty much goes to Monero, by default.
Checking my Blockfolio app, Monero is C$43 while it stagnates at the bottom of the stack. That is sooo much more astonishing and gratifying to me than (current) C$2700 bitcoin. There is so much new money coming into crypto right now (Poloniex x6 in 4 months?!
)that will sooner or later find out about Monero, I begin to suspect my C$100 /2017 expectation of being far too low. Everything is accelerating.