Monero will probably be the next +10x coin

[r0ach]

There has been some whale accumulation going on and they haven't spiked the price yet, so it still seems safe to get in before they do:

[meme magic]

woah woah woah

nothing to see there

carry on your days, gentlemen

[vuduchyld]

It's already more than 3x since January...and on heavier volume.  It's got a good running start on the quest for 10x.

Not sure I'd say "probably".  Hopefully, though!  It reminds me of bitcoin in 2010 or 2011 in many ways. 

Also might not be the next.  Who knows what pump-and-dump scamcoin could go 10x in the meantime.

But anything is possible!

[r0ach]

It's already more than 3x since January...and on heavier volume.  It's got a good running start on the quest for 10x.

It's more about figuring out where big investors entry points are knowing that they will be required to raise the price much much higher to have any exit point at all.  They seem to still be accumulating right now, which means it's likely to see much larger moves.

[camu6]

I am very positive that monero will have a very bright future. This opinion is based on monero's technical fundamentals, a world in need of anonymized crypto and a very dedicated dev team + community. So 10x+ gains are more than likely in my opinion too.

Your 'technical analysis' though... pretty much has no sound reasoning behind it at all. You posted a picture, wrote down three maybes, made a conclusion and gave the advice of a 'safe time to get in'.

Monero had a huge increase in price in a very short time. The graph is looking more and more parabolic. Indicators (especially on 1w/3d) show that there is a good chance monero's price will take a bigger dip in the short term, to refuel before MAYBE continuing upwards. Usually it's a good time to be cautious when everybody is talking about moon rockets or 5x/10x/100x increases.

I'm not saying you are wrong or that I am right. I'd merely advice potential investors to read up on their investments and never base their decisions on posts like yours.

[Blockchain.Ventures]

There has been some whale accumulation going on and they haven't spiked the price yet, so it still seems safe to get in before they do:

Where it says "not a lot of accumulation going on obviously" is not true.
Accumulation is going on the entire time during periods of what looks like no activity.
Monero deserves higher valuation but not until it becomes widely used in dark net.

[Spoetnik]

Isn't there already a 778 page topic bumped to the top of the forum every hour ?

I like how you guys praised it but skipped over any negative points as though they don't exist.

again..

It's been that way for years.. rampant denial (rule #1)

I could actually write a book on the negative aspects of Monero.
Yet you guys parade around as though it's flawless perfect with a squeeky clean history.

And it's going places!!
Like we're almost there.. just right around the corner the price is gonna explode !!111
ya ..... sure ........ 

[Ayers]

this is a bunch of not right speculation you got there, it's more easy to assume that lisk will increase to 200k satoshi from the initial 20k satoshi of the crowfunding

[wakhidNkcom]

I own some from 3 months ago. I think I am in a good hold for Monero.
I wont sell now, but maybe not wait for 10x

[sinner]

i need to look into this more, but i recall reading that ethereum is trying to steal some stuff from monero relating to ring signatures? i dont even know what this is, but the more i learn about monero the more i like it. i dont own any but might be taking the plunge soon.

given that ethereum is up 1800% in 2 months and monero up only like 300% or something (and not really pumped at all), there seems to be better risk/reward here.

[numismatist]

Your 'technical analysis' though... pretty much has no sound reasoning behind it at all. You posted a picture, wrote down three maybes, made a conclusion and gave the advice of a 'safe time to get in'.

Most noticeable he missed the point that "accumulation" always happens on the flat line. Each and every Pumpcoin.
The successional three pumpwaves are looking miserable, as if hitting on big bagholders. Usually there is no fourth pumpwave.

Where it says "not a lot of accumulation going on obviously" is not true.
Accumulation is going on the entire time during periods of what looks like no activity.
Monero deserves higher valuation but not until it becomes widely used in dark net.

^^^ this. Two or three Markets, and one official GUI, and +10x is no issue. But not today.

[owm123]

There has been some whale accumulation going on and they haven't spiked the price yet, so it still seems safe to get in before they do:

Where it says "not a lot of accumulation going on obviously" is not true.
Accumulation is going on the entire time during periods of what looks like no activity.
Monero deserves higher valuation but not until it becomes widely used in dark net.

Nothing is going to remove Bitcoin from darknet. It is still the main crypto used there:
http://www.coindesk.com/bitcoin-remains-most-popular-digital-currency-on-dark-web/

There is already too much infrastructure made for bitcoin in darknet. You have blockchain exporer there, escorove services, bitcoin exchanges, mixers, scammers, etc.

None of the ppl involved in these services, e.g., mixers, will allow to have any other crypto to take their mixin cut.

[kelsey]

with the sheer amount of shills trying to have this pumped over so long, you can bet any profit takers will kill any pump ie do the math more people tying to make fiat out of this then interested in the actual crap.

[numismatist]

Nothing is going to remove Bitcoin from darknet. It is still the main crypto used there:
http://www.coindesk.com/bitcoin-remains-most-popular-digital-currency-on-dark-web/

There is already too much infrastructure made for bitcoin in darknet. You have blockchain exporer there, escorove services, bitcoin exchanges, mixers, scammers, etc.

None of the ppl involved in these services, e.g., mixers, will allow to have any other crypto to take their mixin cut.

Everybody could add another service over there. It's not regulated as in "needing a licence signed from these former infrastructure providers". A new service can just pop up at random. Overall, they tend to vanish at random, too.

Back on toppic, the yearly spring season pump might have been widely anticipated, to many people prepared can make that difficult terrain.

[Spoetnik]

When it comes to Monero's market price i think it would have died off hard long ago..
If it was not for a certain Millionaire who has poured money into this project.

It's even gotten to the point where he is controlling the coin.
He also bought a massive shitload to fuel the fire long ago then had kept donating to it.
If it was not for reptiela pouring money all over the fire this would have burned out and went into obscurity long ago.

I also agree with kelsey (no surprise)

[TrueCryptonaire]

When it comes to Monero's market price i think it would have died off hard long ago..
If it was not for a certain Millionaire who has poured money into this project.

It's even gotten to the point where he is controlling the coin.
He also bought a massive shitload to fuel the fire long ago then had kept donating to it.
If it was not for reptiela pouring money all over the fire this would have burned out and went into obscurity long ago.

I also agree with kelsey (no surprise)

That's true and I agree.
Actually the involvement of Rpietila made me also investing there - if he is participating in the project it has chance to succeed (I personally know his track record and trust the ventures he is investing and developing despite I do not agree with him in politics and religious issues).

The deep involvment of talents and money is certainly bullish sign and therefore I want to participate as well in the rally. Only invest in projects that has some chances to succeed otherwise you end up failing time after time.

[cryptimus prime]

That's true and I agree.
Actually the involvement of Rpietila made me also investing there - if he is participating in the project it has chance to succeed (I personally know his track record and trust the ventures he is investing and developing despite I do not agree with him in politics and religious issues).

The deep involvment of talents and money is certainly bullish sign and therefore I want to participate as well in the rally. Only invest in projects that has some chances to succeed otherwise you end up failing time after time.

+1

Monero is even now not overly pumped nor dumped, its value has already increased threefold in 3 months, but what I like in it, it is a stable and privacy protected storage of value. Even on the ETH reddit there has been talk about it. I think the price is still in a great range for entry, but this will change fast, even without the media driven Hype like in case ETH. The XMR community growth is accelerating and is a great indicator for the near future. When the GUI is soon out expect a price over 4 USD or more just because of the news.

XMR and ETH are rare shiny diamonds in a big box of worthless stones and scam-garbage. Monero is what we all hoped BTC could have been.

[Monerobuyer0]

Did the OP know the Azure integration was coming today?  If not, great timing!


XMR has achieved what it has achieved with very little marketing, and no official GUI. 
It has done this because its cryptography and tech is top notch. 


Hordes of pumpcoins with ICO funds to spend on marketing have been unable to achieve a higher market cap than it, only a few are above it, most of which are other very solid coins.  Monero is up with the elite.

[inca]

Did the OP know the Azure integration was coming today?  If not, great timing!


XMR has achieved what it has achieved with very little marketing, and no official GUI. 
It has done this because its cryptography and tech is top notch. 


Hordes of pumpcoins with ICO funds to spend on marketing have been unable to achieve a higher market cap than it, only a few are above it, most of which are other very solid coins.  Monero is up with the elite.

It is certainly having a good run. The market cap is minuscule at this stage and the privacy features are a strong buying point.

[vuduchyld]

It's already more than 3x since January...and on heavier volume.  It's got a good running start on the quest for 10x.

Not sure I'd say "probably".  Hopefully, though!  It reminds me of bitcoin in 2010 or 2011 in many ways. 

Also might not be the next.  Who knows what pump-and-dump scamcoin could go 10x in the meantime.

But anything is possible!

Oh, did I say 3x since January?  I meant 4x!  It was .00105 on January 6th.  Well, I guess it only hit .00416 today.  Still needs .00004 to be a 4x'er.