THE RISE AND RISE OF MONERO

[aminorex]

Felons moving to Monero Mountain?

Well, there goes the neighborhood.   

It was nice while it lasted.

In the u.s. everyone is a felon.  Read "Three Felonies a Day".  It's a huge part of the urgent need for privacy.

[codehtcmail]

Maybe I will get me some Monero to hold and see where this goes.

[Gaugh]

I am already planning on getting some monero to hold for long term. I think it has a good potential of appreciating in price.

[owlcatz]

Maybe I will get me some Monero to hold and see where this goes.

Hurry up, it's getting harder to buy every day!

[unknownids]

oh man what a crazy day!

[zana]

What price do you guys think will stabilize?

[MataKhobRazi]

What price do you guys think will stabilize?

I think a market cap of 500 millions $ is the goal for the moment

[Pursuer]

What price do you guys think will stabilize?

the pump seems to have slowed down compared to this morning and the peek of 0.014BTC but I think it is just a beginning and it can go much higher and even go as high as 0.03BTC.

p.s. interesting thing about market cap that I always say is a shitty factor for comparison.
monero which is an old coin with a high price and big daily volume (which is even bigger than ETH is not yet #2 in marketcap) so you see this factor is never a good comparison but yet everybody even coinmarketcap.com uses it to rank the coins.

[Febo]

What price do you guys think will stabilize?

I think a market cap of 500 millions $ is the goal for the moment

Lets go first with 100 millions $, then $10 a coin. After that we can go higher.

[NewLiberty]

Ain't this just a pump still just like how any coins can do? The graph on bittrex seem to have come down now. I does seem like users are already dumping it. Dark market don't matter to you if you are not in the shady business so this coin must really be for them only. 

bitcoin was around $100 when its primary use was in Silkroad

Bitcoin went from $1 to $31 in the first few months of Silkroad.
Feb2011.

Then it fell to $2 so...

[xmrlove]

ROGER VER PREDICTS 1 BILLION DOLLAR MARKET CAP FOR XMR IN 2016: https://forum.bitcoin.com/monero/monero-price-speculation-thread-t10274.html#p29049



FLUFFYPONY NEW INTERVIEW:
https://youtu.be/YVlQE-ObEXk   

Must watch brothers! Very important data here!

[fast2fix]

wish i had bought some more monero when the price was 0.002 btc. anyway still made profit. 

[European Central Bank]

Bitcoin went from $1 to $31 in the first few months of Silkroad.
Feb2011.

Then it fell to $2 so...

yep. there's no rhyme or reason to any of this. price is gonna do what it wants to do, or rather what certain groups of people want it to do. everything is speculation. if it was fundamentals only then bitcoin would be $20 or less still but speculation allows fundamentals to tag along. 

[BitLinkInvestments]

Monero is way over valued as of right now a dump will happen very soon

[owlcatz]

Monero is way over valued as of right now a dump will happen very soon

I disagree on valuation, but then I have maybe followed and used the coin longer and more than yourself.

As for a dump, sure... But, then it will go back up again. 

[aminorex]

Ain't this just a pump still just like how any coins can do? The graph on bittrex seem to have come down now. I does seem like users are already dumping it. Dark market don't matter to you if you are not in the shady business so this coin must really be for them only.  

bitcoin was around $100 when its primary use was in Silkroad

Bitcoin went from $1 to $31 in the first few months of Silkroad.
Feb2011.

Then it fell to $2 so...

At the time we lacked a precedent.  Bitcoin established a precedent that crypto can appreciate to a 10bn usd mcap.  Thus, investors are not so naive any more, as they were then.

[xmrlove]

Please tell me should I purchase 3000 USD of XMR? - Is this good to store savings in?

I have only 3000 to buy some bitcoin....man on local bitcoin says he will give 5 bitcoin for 3000 USD. I have no coinbase. So when I get bitcoin - transfer into poloniex? - then buy xmr. I love xmr since i read about it....but have finally decided to move into crypto now. Long time bitcointalk reader here and no account!

(stealth reader) ;P

[Dafar]

Please tell me should I purchase 3000 USD of XMR? - Is this good to store savings in?

I have only 3000 to buy some bitcoin....man on local bitcoin says he will give 5 bitcoin for 3000 USD. I have no coinbase. So when I get bitcoin - transfer into poloniex? - then buy xmr. I love xmr since i read about it....but have finally decided to move into crypto now. Long time bitcointalk reader here and no account!

(stealth reader) ;P

LOL

Well I hope so because I did

[European Central Bank]

Please tell me should I purchase 3000 USD of XMR? - Is this good to store savings in?

you ain't exactly gonna get objective answers from anyone here. store savings? hell no. make a bet? only you can decide.

[bbc.reporter]

Ain't this just a pump still just like how any coins can do? The graph on bittrex seem to have come down now. I does seem like users are already dumping it. Dark market don't matter to you if you are not in the shady business so this coin must really be for them only.  

bitcoin was around $100 when its primary use was in Silkroad

Bitcoin went from $1 to $31 in the first few months of Silkroad.
Feb2011.

Then it fell to $2 so...

What are you saying? That this is nothing but an empty pump? I disagree. The news of the darknet market accepting XMR is very big. Surely this is not just because of that news. XMR has the properties to be a good alternative to BTC and even a complement because it can be used as a second layer to make BTC more fungible and somehow anonymous too.