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Author Topic: Will Monero Reach $500 in 2019?  (Read 20236 times)
Crypto_Meet (OP)
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March 12, 2019, 07:52:07 AM
 #1

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?
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March 12, 2019, 08:12:26 AM
 #2

I doubt that this can happen by the end of the year, the market has not yet turned around, and monero without it just will not go to grow and tembolee in a bullish trend will not turn, I think the coin has lost its relevance, and there are analogues on technology that are more anonymous

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March 12, 2019, 08:13:29 AM
 #3

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?
Monero is a very good and well-established coin on the market which strikes the attention of users because of its anonymity. The project is developing and it has no problems, good capitalization. I don't think investors will be cold-blooded to Monero. I think that Monero all a great chance to overcome this psychological mark.

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Psynthax
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March 12, 2019, 08:19:29 AM
 #4

I doubt that this can happen by the end of the year, the market has not yet turned around, and monero without it just will not go to grow and tembolee in a bullish trend will not turn, I think the coin has lost its relevance, and there are analogues on technology that are more anonymous
This will not happen, the only main thing from monero is about its anonimity but it doesn't have other advantage compared with another coin. In fact that this coin will be so difficult to increase in the future.

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March 12, 2019, 08:22:01 AM
 #5

I doubt that this can happen by the end of the year, the market has not yet turned around, and monero without it just will not go to grow and tembolee in a bullish trend will not turn, I think the coin has lost its relevance, and there are analogues on technology that are more anonymous
This will not happen, the only main thing from monero is about its anonimity but it doesn't have other advantage compared with another coin. In fact that this coin will be so difficult to increase in the future.
Yeah, the biggest advantage of XMR coin is anonymous transactions, but latest research papers have some serious offense against this feature of monero network. Price of XMR is decreased for the same judgment why alternative cryptos failed to rise.
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March 12, 2019, 08:29:26 AM
 #6

Your prediction is too optimistic, now Monero has no features to make it rise again. Other top altcoins are better, and about the price - it is unreal to revive in the current market situation
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March 12, 2019, 08:33:43 AM
 #7

After the promised cards they made a smart step in the industry. Customers from SIngapure are able to download their app from google play store and they can order crypto to fiat debit cards with this app. Crypto dot com is the new name of Monero cards after rebranding.

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moynul2050
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March 12, 2019, 08:35:50 AM
 #8

$ 500 is a price that is too high for Monero (XMR). the highest Monero price (XMR) occurs in January 2018, with a price range of $ 494.
at the current price of monero, which is around $ 50, it will be very difficult to reach this price in 2019.

resources : https://coinmarketcap.com/currencies/monero/
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March 12, 2019, 08:39:26 AM
 #9

I don't think that it would happen this year maybe in the future but not in this year,
$500 per monero is too high and I think you also know it just look at its current price it is too far.

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March 12, 2019, 08:48:23 AM
 #10

Monero's successfully completed fork did not even affect the price. I don't think it's right to get an expectation from the XMR before the real bull comes.



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Crypto_Meet (OP)
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March 12, 2019, 08:51:29 AM
 #11

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?
Monero is a very good and well-established coin on the market which strikes the attention of users because of its anonymity. The project is developing and it has no problems, good capitalization. I don't think investors will be cold-blooded to Monero. I think that Monero all a great chance to overcome this psychological mark.


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March 12, 2019, 08:54:41 AM
 #12

I don't think that it would happen this year maybe in the future but not in this year,
$500 per monero is too high and I think you also know it just look at its current price it is too far.
$500 maybe if Monero have good things like ETH, it will happen.  Grin But who knows, if some people who have power pump it, that thing can be happen easily. In crypto some price of coin can be manipulated, so everything can happen.

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March 12, 2019, 09:00:16 AM
 #13

Monero does not have the required growth, developments, and massive adoption to thrive in 2019, so i am not sure it can attain a much better price of 500$
Just like every other coin, monero suffered from the bearish market and the project has been quiet on all axis.

You can move the thread to altcoin speculation for more suggestions.
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March 12, 2019, 09:04:49 AM
 #14

I doubt that Monero will reach $500 this year. A lots of coins is struggling, even bitcoin so what it doesn't makes any sense for Monero to suddenly jump in price when the most beloved coins is not having a sort of bull run. You also have to factor that Monero is a privacy coin, so there will be a lot of struggles specially governments who are trying to discredit it, for the reason being it's going to be used by criminals.

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Fluxtorrence9
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March 12, 2019, 09:10:55 AM
 #15

Expecting 500$ per monero by the year end is too much ,we all know what the market condition has done to many good coins and tokens out there ,500$ per monero can only happened if bullrun manages to come back
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March 12, 2019, 09:10:59 AM
 #16

The highest that Monero reached was $400 and although I'm not a supporter of it, I think it's possible to see it but for 2019? who knows.

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March 12, 2019, 09:12:02 AM
 #17

There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?

Ask yourself if Monero is the only coin out there in existance, does is offer something unique? What people's needs does it satisfy? Answer those questions and you will have your answer. Total supply is irrelevant in most cases. The lack of people is being short-sighted that's why history repeats and maybe that's ways we might see new heights without any reason why.
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March 12, 2019, 09:18:53 AM
 #18

Nah, I don't see Monero getting into that price. The only moment we can see it getting to that level is that the market goes on another bull-run. It's last ATH is $542.325. We are down 90%, how do you supposed to overcome that this year alone? We need to see the market pump like 2017, but I doubt we are going to see it this year.









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March 12, 2019, 10:26:26 AM
 #19

I don't see it going to that price by the end of the year without a serious bull run which doesn't look like it will happen for a while yet. But monero is a very good coin and its low supply and technology will send the price back up soon I believe.
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March 12, 2019, 10:39:06 AM
 #20

I don't really know if this can happen or not. It will depend on the recovery of Bitcoin. But i think that it is possible one day to see this price, but i don't know if it will happen this year.
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