Will Monero Reach $500 in 2019?

[Yalovtsev]

It is very difficult to talk about it now, of course, if there is a global market growth in 19 year, it is possible that there is a chance that will reach 500, from today's price is X10, and it is not weak!Since the last time I was blown away,and have not seen him a powerful news release,and the projects tend very quickly to be forgotten

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[kidbounty]

$ 500 is a big amount. I doubt that can be achieved this year. maybe $ 100 can still be achieved if the market starts to rise.

[darewaller]

Monero is a very good project and it's very possible for the price of monero to get to that level, though something new have to be done before that happens because we have a lot of other projects that have be launched after monero that has more functions and real life use than what monero has.

Hence, in order for monero to get more attention that those coin, the team in charge of managing the code have to come up with something new even if it's a function already implemented in another coin then we might see the price even beyond $500.

[tamango]

I think that Monero is one of best privacy coin and that it will probably survive in longterm but I really doubt that Monero will come back to 500$ in 2019....

[pilosopotasyo]

That's good news for Monero holders but bad news for some miners who mine Monero on Coinhive they are now closing shop
the reason is The drop in hash rate (over 50%) after the last Monero hard fork hit us hard. So did the “crash“ of the crypto currency market with the value of XMR depreciating over 85% within a year. This and the announced hard fork and algorithm update of the Monero network on March 9 has lead us to the conclusion that we need to discontinue Coinhive.

Read the complete articles here
https://coinhive.com/blog/en/discontinuation-of-coinhive

[starblocks]

Privacy coins are expected to become more popular over the next few years, but this large an appreciation for a single asset based purely on diminishing mining rewards may be a little too much to hope for considering the current market conditions, however in a bull market you might be able to expect moderate gains for this asset and others with similar features

[various]

Unless the market are recovered, it's impossible for the monero to be $500. In addition, many countries, such as France, began to take a stand against anonymous coins. These prohibitions will reduce investors interest in monero.

[dizzy1996]

In my opinion, this will not happen, since this token has no special advantages over similar projects. Monero can only provide anonymity, but at the moment anonymity is present in almost every project.

[Baimovic]

In my opinion, this will not happen, since this token has no special advantages over similar projects. Monero can only provide anonymity, but at the moment anonymity is present in almost every project.

in my opinion it's almost impossible because even if the market can recover I think monero won't reach $ 250.
especially if the market does not recover, it is impossible for Monero to rise up to $ 500.

[Sellman]

If there is a bull market same as the one happened by 2017, then we might see Monero reaching the price above $500. Earlier the ath of Monero was found close to $500. The team behind Monero is quite good and lot of miners have good dependence on Monero as it is easy mineable in comparison to other top altcoins listed to coinmarketcap.

Such an unbelievable bull market can only happen in the year of 2021, not this year, not next year.
Personally, I believe that $500 is a high price, but reachable price for Monero, but the coin need to see more achivements from developments and community expansion next years to hit that point.

[Question123]

Lets see in the coming few weeks if the monero will really reached $500 in this year. Don't worry this coin is one of the potential and I have some and I believe too that possible for monero will become that value or thousands of dollars or more depends to the market. Once the market up for sure rising for the value of the monero will happen too. But there is possibility or chances that monero will not reach that so stay tuned.

[robelneo]

It's not possible this year but I'm very bullish on Monero it's just unfortunate that Coinhive one of monero's   mining site is closing down, I'm using their feature to mine Monero using my website's offer, I still believe Monero is very cheap and this is the best time to acquire Monero and I recommend this exchange Buy Bitcoin, Ethereum and Monero

[Spider A4]

If there is a bull market same as the one happened by 2017, then we might see Monero reaching the price above $500. Earlier the ath of Monero was found close to $500. The team behind Monero is quite good and lot of miners have good dependence on Monero as it is easy mineable in comparison to other top altcoins listed to coinmarketcap.

I think no possibility to again in 2017 bull run happen in the year, if happen than must be Monero will be reach 500$, now 50$+ current value in that case 500$ is definitely big deal. Binance added extra two trading pair XMR/BNB and second one is XMR/USDT it was last week monero update.

[hell_slayer]

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.

Well , there is a certain logic in this statement, because the harder it is to get something, the more valuable it becomes and most likely it will happen with Monero, when all the coins will be mined. But I do not understand how these predictions are related to 2019? This year's bull rally is not expected, and all coins in the monero network will be mined in 2022. I do not think that the price of monero will greatly exceed the mark of $ 100 this year, but in 2022, perhaps, the price will soar above a thousand bucks. This is what I think about it.

[maximumcoin]

Lets see in the coming few weeks if the monero will really reached $500 in this year.

You are very optimistic on the next run of Monero, that is undoubtly a good coin.
However, to reach $500, I don't think Monero can do this task in next weeks or even months.
It is a really hard task for Monero to finish, it can but it have to fight hard to hit that point
It can hit that price because in 2017, Ethereum and Dash can hit $1000 per coin or even higher.
So, why not hit $500 for Monero.

[gangem07]

Lets see in the coming few weeks if the monero will really reached $500 in this year.

You are very optimistic on the next run of Monero, that is undoubtly a good coin.
However, to reach $500, I don't think Monero can do this task in next weeks or even months.
It is a really hard task for Monero to finish, it can but it have to fight hard to hit that point
It can hit that price because in 2017, Ethereum and Dash can hit $1000 per coin or even higher.
So, why not hit $500 for Monero.

Yeah you are right Monero will hit that price.According to the historical price of monero in the last two years Monero reached it 's highest price and no one can explain what is happened.Maybe this year or in the next few years it wil happen again to Monero to reach highest price even more than$500.

[5ensei]

It is predicted that monero will go much higher than $500 so that is a low estimate. However, for 2019 it is a maybe as the market is still unstable now. Monero could be the coin of choice for rich people to hide their wealth, it is better than bitcoin for this aspect

[RasenShuriken]

Not even thinking if it would 10x that easily. Just see about the ethereum past pump due to the block halving. It just pump approximately 50-60%.

[kingpin4321]

Monero has not been a bad coin in the coin market cap even at this bad situation it had no done very bad. But even ethereum would find it hard to reach 500$ not to talk of monero

[TastyChillySauce00]

That's good news for Monero holders but bad news for some miners who mine Monero on Coinhive they are now closing shop
the reason is The drop in hash rate (over 50%) after the last Monero hard fork hit us hard. So did the “crash“ of the crypto currency market with the value of XMR depreciating over 85% within a year. This and the announced hard fork and algorithm update of the Monero network on March 9 has lead us to the conclusion that we need to discontinue Coinhive.

Read the complete articles here
https://coinhive.com/blog/en/discontinuation-of-coinhive

Do you know that? coinhive is an evil and so many people have known very well about that if coinhave was an evil miner. I m feeling glad to see coinhave discontinue its service. thanks for your information but i will never read that link.