Bitcoin Forum

I see that Monero is trading over $300 and there's only 18 million coins. I would assume that it has a chance to run up to $3-$5 grand per coin. Is it a good buy at its current price and where do you see it going? Thanks!!

hi, could you provide with a authentic link for monero webpage?

The better targets would be either ZEC at 450$ or DASH at 750$

These are the incumbents to beat in the anonymous sphere. There is also a LOT of new coins that have better anonoymous protocols. The competition is incredibly stiff.

Both ZEC and DASH are well known for nefarious dev/founder practices, so there is definitely room for Monero to grow and it should be happening anytime now. Not sure about the Monero target, 1600$ seems achievable, for anything more - huge spurt adoption needs to happen, which I don't see in anonsphere.

You should definitely check some younger zcash and dash forks.

P.S.: https://getmonero.org/

Do not ride into a running train or else you can get rekt,XMR is a great coin but it seems it is somehow outdated with these new privacy coins.You can try XSPEC for now it is very cheap but after sometime it would be like XMR it has more advance technology and has potentials to grow what i like about spectrecoin,it has Native Tor Integration. preserves network privacy and protects users against surveillance,by keeping traffic within the Tor network at all times.OBFS4 Bridge Support facilitates undetected use in countries that block Tor,such as China & Iran.

I like monero and some of these reasons made me invest in monero.
It is being used already.
The best anonymous altcoin.
On its way to become user-friendly.

Why you said monero is outdated coin,I think still it is the best anonymous coin and most under valued coin yet.Soon the price may shoot up on monero.And I heard that forked coin from monero is cheap and more anonymous than its original.But still there is no clear about that coin,so if that is true investing on that coin is a great choice.

There is definitely a chance for Monero to grow. It is the one of the
preffered coins for anonimity and this feature will always have a
demand.

Personally i was going to buy more Monero at $94 not so long ago,
actually not even 3 months ago but it surged to over $300 and
has not returned back. I bought more now before the ciming upturn.

I think it is a real solid coin with good adoption already.

I noticed that most of the top 15 coins/tokens had a period of stagnation when looking at the relative growth compared to others with exception of a short period of time when the coin went upwards. For Monero this happened during the period of last November and December when it rose up in value around 3,5 times. After that it went "stable" again.

If we take aside general trend for a moment and just look at it's scarceness and value compared to Ethereum, it has a room for self correction of 27,5x upwards. However, in order for it too accomplish at least some of this that, it should show some real development and adoption. The only "ace in the slave" that I see for Monero currently is unfortunately coming from the dark side. Since it's main focus is anonimity it could be accepted and used on the Darknet. Hence I am, despite it's potential, not very keen to support it, but for the speculative purposes it is very interesting. On the other hand, a lot of other, smaller coins, are as well.

I'd guess that's possible.
It's hands down the king of anonymous transactions and has been proven, the Wannacry hackers moved their bitcoins to monero and successfully disappeared with the money. Every other coin is playing catch-up.

Monero is king of privacy and probably will remain that way despite coins like verge, deeponion and xspectre looking to compete with them. The main thing I see holding Monero back is that I don't feel as though too many people are that bothered about their privacy and so I don't see it gaining mass adoption.

That coin gets dumped a lot though the prices remain stable with their walls. I think that it could get to $1,000 easily.

This coin has good potential in crypto market. Now some issues are occur in the market this is affected in monero value. But surely it will develop soon in the market so it make 2x profit also possible in this year end. So majority of the competitors are investing this coin but some peoples are jumped in alternative platform because they don't believe the cryptocurrency strategy.

in various markets and pegged monero coins, monero coins will be one of the favorite coins traders to be used as an investment material. where a trader will tend to choose a coin that has a little total supply because of the potential to increase the price is very high. so I think it will come true.

It is the gamble you take investing in any coins nearly every one is speculative hodling in the hope that said coins will increase in years to come.
Monero is probably one of the better known privacy coins and you hear more about xmr than the likes of zencash.

Already this coins mining difficulty increases due to the GPU miners started mining it in more numbers and today alone marketcap list movement more in the trading site like binance and bitrex. I think bulky buyers invested on monero today.
Even etcher and hive sight and all giving the option to make the payment monero along with the btc and eth. Hope value may increase more than you expect. For your information, lol XMR is not in the value of 3 to 5 USD. Its there 325 USD in coinmarketcap price.

Monero is trading over $300 but I don't see any kind of strong buying signals in the current market situation and also I would like to wait for the confirmation signal for buying the XMR coin as there is no strong signal yet. The overall market conditions are not good and mostly all the altcoins are weakening right now so better try to enter your positions in Monero when there are high chances that your coin trend continues to move up and you could hold your positions over there.

Monero is the most well known privacy coin and that makes the price high.

But there are newer entrants with better tech such as XSpec which not only has better tech, it has a lower marketcap.

Hence the returns can be much higher. Look at XSpec if you are keen on privacy coins.

The market is not stable. I think the current price is not a good price to own it. Try to wait for it in early February because I think this is the time when the market starts going down; it would be a good time to own it at a good price.

Yes monero ( XMR ) is a good long term investment coin , & these are some analyses about it :
Current price : 324 usd
Price after one year : 678 usd
One year potential : +108 ℅
Price after 5 years : 2078 usd
 source (https://walletinvestor.com/forecast/monero-prediction).
You can also find some relevant information on Quora (https://www.quora.com/What-do-you-think-about-Monero)

Where I can find some news about xmr? I tried to do it trow some websites, but couldn't find anything.

Monero developers understood such need and requirement for the person therefore the privacy of operations became one of the main principles of the created digital money. In last articles we already said that the initial myth of Bitcoin – confidentiality, already and not "counter" of Bitkoin. Such currencies as Monero and Dash can just brag of this quality, they give to the users privacy of all the transactions. The fact that dishonest people can use it is already other subject for a reasoning.

So, for today in respect of confidentiality of Monero consider one of the best cryptocurrencies. To provide such function developers use the following:

Reddit has a pretty active Monero subreddit.

https://www.reddit.com/r/Monero (https://www.reddit.com/r/Monero)

Oh, nice, thanks. I was using for watching news: coinmarketcal, coindar, happycoin.

If we have 2nd phase of mass adoption this year, i would agree that Monero will rise up from ashes, Monero serve as the king of anonymous coin though some of emerging coins are not yet develop but they are promising and i will save them in my list, but looking forward to this coins--  Zcash, Dash :)

   In my personal opinion, I would advise you to go for it in addition to altcoins like ZEC & DASH. Although it may seem dormant for now, but I believe it has great potential for a long term investment.

IMO, Monero is a good investment. Hitting a few grands shouldn’t be a problem but i guess it will takes a few years to reach this target.

I think that Monero more popular than ZEC and DASH. Also Monero is very popular as currency for Dark Market. If regulators will implement system of monitoring of blockchain transaction, the value of Monero could increase.

My view that price of Monero will grow in future, it could be good investment and without any significant risk of scam. Of course it will not be rocket grow, but 10x it could be reality.

10x is not a rocket?) C'mon people, stop being so greedy.

Yes, Monero is a good coin to buy now as it is one of the best altcoin. It is having good market potentail and i thought that in coming time it will give good profits to its investors. I also holded some monero and i like it.

Monero is an open sources that is secure , privacy , and untraceable currency system . It is best altcoin in which you invest in it and earn good profit .

Monero is going up very quickly. It is gaining constantly, and even during the market fall the altcoin did not lose much. Hurry up to buy it otherwise its value will be great, and you will be late. XMR has brilliant future.