Will Monero Reach $500 in 2019?

[Febo]

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.

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

Monero will have 18.1 million mined mid 2022. So in 3 years time.  After that it will add like 150k XMR every year. And that way forever secured its network not needed  to rely on fees.  Number of daily mined Monero decrease drastically. and went from 25k in April 2014 to 2150 XMR today. 25k XMR mined daily was huge selling pressure that kept Monero price low for years. Now that pressure is slowly going away and that will reflect on Monero Bitcoin ratio.

I dont think $500 Monero in 2019 is likely to happen. Yes of course it is possible but for that needs a serious adoption to happen. Without that adoption to happen and relying only on Bitcoin cycle we should see a $500 Monero in beginning of 2021.

[tranquangvinh]

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?

If we can mine 18.4 million Monero, surely its price will increase but it cannot reach $ 500 for a Monero, if it reaches $ 500 / monero, and how will  bitcoin be ?  if it is mined out all?

[beeelzebub]

I really wonder how people make this threads i mean where does 500$ value come from. Why not 450 or 600?

Also 500$ something can be reached but also it is something can't be reached.

[shirackjs]

IMO, it should not be a problem for Monero to go to $500 again since it can achieve $500 in its last ATH. I believe that it is doable but can’t say for sure it will happen in 2019. 

[lizarder]

In my opinion, not because their highest achievement monero is only when exposed to bullish market influences and in my opinion to return there seems to be very distressed for monero, and also coins that can be mined mainly problems are difficult to increase prices except for major coins like bitcoin

[JohnMacZeppelin]

There is always a chance and I hope that there are a very large number of opportunities to increase prices not only at Monero. I think that we will have the opportunity in the future to make a lot of X and other altcoins.

[axel2078]

Price prediction hardly works in this space, because for its volatility. Many coins have been predicted to reach a certian price but none ever fulfilled that prediction. On the other hand, with constant improvement and enhancements, the price this coin might surpass, but yet it is not a yardstick to believe it will.

[rdewilde]

I can't say yes neither can I say No. All I can say is, if the team is up and doing the coin might reach $500 or even more. The growth of every project depends on what the team is capable of doing.

[asdlolciterquit]

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?

are you serious?

i really don't know how people can believe this kind of articles. A X10 in 1 years, in a bear market?

Stop dreaming

[m0Ray]

$500 is a very good price for Montero. If we can wait for bullrun in 2019 then I'm sure the price could be much higher. It is also necessary to take into account that the main contender for the rise in prices at the moment is BNB. And if BNB is able to revive the hyip around the cryptocurrency, then the increase in the price of Montero is an integral option.

[Little Mouse]

The chance is very low. Monero mostly get hyped because of its usage and majority of is use come from the darkweb. Some days ago, there was a news that Monero can be traced and I think it will make thinking about Monero twice before accepting them by darkweb users.

[MBMauL]

I can't say yes neither can I say No. All I can say is, if the team is up and doing the coin might reach $500 or even more. The growth of every project depends on what the team is capable of doing.

We see a situation where all of a sudden the coin undergoes pump high, we won't know it when it happens. you are right, all depend on the ability of the developers where their role to perform the update is very traditional.

[dance2009]

This asset is very undervalued, but without the rise of the entire market or any huge updates to the monero ecosystem, I personally do not see the prerequisites for such growth.

[ballerin and giroud]

I really wonder how people make this threads i mean where does 500$ value come from. Why not 450 or 600?

Every one are free to predict cryptocurrency prices as long as they use strategy to predict. You know the characteristic cryptocurrency prices are very volatile, the price will rise drastically in an hour and otherwise. Maybe this is the reason OP choose 450 or 600 for monero price in the end of this year.

Also 500$ something can be reached but also it is something can't be reached.

This is what I meant of every one are free to predict cryptocurrency prices like you said above.

[mv1986]

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.

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

Monero will have 18.1 million mined mid 2022. So in 3 years time.  After that it will add like 150k XMR every year. And that way forever secured its network not needed  to rely on fees.  Number of daily mined Monero decrease drastically. and went from 25k in April 2014 to 2150 XMR today. 25k XMR mined daily was huge selling pressure that kept Monero price low for years. Now that pressure is slowly going away and that will reflect on Monero Bitcoin ratio.

I dont think $500 Monero in 2019 is likely to happen. Yes of course it is possible but for that needs a serious adoption to happen. Without that adoption to happen and relying only on Bitcoin cycle we should see a $500 Monero in beginning of 2021.

I didn't know that there will be a constant issuance of 150k Monero per year. Will it be 150k per year infinitely?

[leetcoiner]

This asset is very undervalued, but without the rise of the entire market or any huge updates to the monero ecosystem, I personally do not see the prerequisites for such growth.

Even if Monero is an undervalued asset, this year its price will not be able to rise above $ 150. Because the price is directly dependent on Bitcoin.

[daarul50]

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

Now I assume that it's useless to make predictions about the altcoin price because even though the altcoin price will still follow bitcoin including xmr (monero). If you want to make a prediction of the price of monero, then do a prediction against bitcoin because monero will follow the price movements of bitcoin.

[wesk1212]

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.

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

Monero will have 18.1 million mined mid 2022. So in 3 years time.  After that it will add like 150k XMR every year. And that way forever secured its network not needed  to rely on fees.  Number of daily mined Monero decrease drastically. and went from 25k in April 2014 to 2150 XMR today. 25k XMR mined daily was huge selling pressure that kept Monero price low for years. Now that pressure is slowly going away and that will reflect on Monero Bitcoin ratio.

I dont think $500 Monero in 2019 is likely to happen. Yes of course it is possible but for that needs a serious adoption to happen. Without that adoption to happen and relying only on Bitcoin cycle we should see a $500 Monero in beginning of 2021.

I didn't know that there will be a constant issuance of 150k Monero per year. Will it be 150k per year infinitely?

Every year the issue of Monero coins will decrease.
but in the coming years, the release of new coins will be at the level of 100-150 thousand per year.

[mv1986]

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.

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

Monero will have 18.1 million mined mid 2022. So in 3 years time.  After that it will add like 150k XMR every year. And that way forever secured its network not needed  to rely on fees.  Number of daily mined Monero decrease drastically. and went from 25k in April 2014 to 2150 XMR today. 25k XMR mined daily was huge selling pressure that kept Monero price low for years. Now that pressure is slowly going away and that will reflect on Monero Bitcoin ratio.

I dont think $500 Monero in 2019 is likely to happen. Yes of course it is possible but for that needs a serious adoption to happen. Without that adoption to happen and relying only on Bitcoin cycle we should see a $500 Monero in beginning of 2021.

I didn't know that there will be a constant issuance of 150k Monero per year. Will it be 150k per year infinitely?

Every year the issue of Monero coins will decrease.
but in the coming years, the release of new coins will be at the level of 100-150 thousand per year.

Yes and then finally the block reward will go to zero and the network incentives will only come from transaction fees?

[Saisher]

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?

It's possible that Monero will reach $500 in the future, but not in 2019 the market is very slow to get up before we get into the third quarter of this year the market will only grow by 20% to 30% maybe three years from now, the price is possible, Monero has a huge change to 5005 increase.