Guys, guys, guys... c'mon! This forum is IMHO entirely too bogged down lately with the tiny miniscule day-to-day price movements of XMR.
This is the SPECULATION forum, right? So, here's a much more interesting (IMHO) big-picture "speculation" for y'all to chew on.
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We can all agree that investing in any crypto is a high-risk, high-return endeavor, right? Just a nosh above outright gambling probably LOL
Many people much smarter than ME have said, many times, that overall this is probably a binary-outcome type situation, i.e. either crypto in general is going to totally fail for some reason -OR- it's going to fully take over the world's finance infrastructure.
One or Zero, in other words.
People have said that BITCOIN will be worth $0 nothing zilch nada, or in 20 years it's gonna be the foundation of global finance. In this case, each "whole bitcoin" will be valued at present-day purchasing power of $1 Million per BTC (i.e. so that a single satoshi, 0.00000001 will be equal worth to a PENNY today).
Now, to be a BILLIONAIRE in this future world, one needs to have control of 1,000 BTC
A thousand bitcoins today costs over a half-million dollars in the old-world, fiat currency... unfortunately putting it out of reach of most common people. Back in the early days, when guys like Laszlo were throwing around tens of thousands of BTC for a pizza, it was feasible for an ordinary person to sock away a thousand bitcoins.
But sadly, those days are LONG over, and for someone like me, I know that short of winning the PowerBall I ain't ever gonna own a thousand BTC.
But, it's not at all clear that first-mover bitcoin is really going to be that final crypto-currency global dominant winner.
It's a standard truism in software development, the first version of almost any software is hardly ever any good. You have to get something to about Version 3.0 before it's really solid. So, in all likelihood there's going to be something equal to like bitcoin 2.0 then 3.0 evolving in this space WELL BEFORE we see any real chance that a crypto-currency will take over the world and reach these global adoption type numbers.
This means, to me, that there's still a chance (however small!) that many of us right here in this forum have NOT YET missed the boat, and we did NOT really lose out on the opportunity to amass 1,000 of whatever the ultimate global-adoption crypto coin will be.
Putting aside 1,000 Monero even just a year ago would've cost only about a thousand dollars.... call it two or three bitcoins. Chump change.
Putting aside 1,000 Monero even TODAY would cost someone only about $5,000 to $10,000... the fiat value of just a crappy used car. Totally do-able.
The downside here is you lose a used car, but the upside is you're retiring AS A FREAKING BILLIONAIRE.
Now, yeah of course you can't do this with EVERY likely coin that MAY have a shot at taking over from King Of The Mountain BITCOIN.
Maybe it's gonna be Monero. Maybe Dash (LOL). Maybe this upcoming Z-Coin (double LOL)... or something else nobody's ever thought of yet.
All we can do here is just try and stay on top of things, pay attention, place your bets where they are most likely to have a shot...
...and may the best coin win
