[XMR] Monero Speculation

[muenze]

I predicted Monero for June 2021 with €1800

I shortened your quote but thats what you just said right? How does this make any sense?

Why would Monero go x14 ?

This seems like wishful thinking from your side since you hold alot of Monero. But you havent
given any reason

I do agree it may be an interesting project as a store of value with possible further regulations
coming but its not clear yet how good atomic swaps will work and if they will be safe and
unregulated and if all exchanges get forced to delist monero it could as well drop below $150
even if Bitcoin keeps rising.

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[Globb0]

I do agree it may be an interesting project as a store of value with possible further regulations
coming but its not clear yet how good atomic swaps will work and if they will be safe and
unregulated and if all exchanges get forced to delist monero it could as well drop below $150
even if Bitcoin keeps rising.

is this congruent? atomic swap negates exchange usage

*edit*

Here is a chart to cheery the mood.  1D XMR USD

[elrippos friend]

I predicted Monero for June 2021 with €1800

I shortened your quote but thats what you just said right? How does this make any sense?

Why would Monero go x14 ?

This seems like wishful thinking from your side since you hold alot of Monero. But you havent
given any reason

I do agree it may be an interesting project as a store of value with possible further regulations
coming but its not clear yet how good atomic swaps will work and if they will be safe and
unregulated and if all exchanges get forced to delist monero it could as well drop below $150
even if Bitcoin keeps rising.

Because it seems to be the nature of XMR, as it was in the past. My speculation is based on a conservative view. Please keep in mind, that the last spark was 26 times the relation to BTC, if you take the half of that spike into consideration (times ~13 +/-) you will end up there. I do not think that the regulation will impact Monero in that way as it does for XRP, hence XRP is a company driven asset with literally no value at all. XMR has the value with the tech behind which was, is and will be often copied into other projects.
In my opinion company driven assets will end up in a dot.com bubble, government driven assets will end up like FIAT and community driven real assets will be superior. If you want to be kinky, call it gold standard of crypto 

[Hueristic]

Just running some figures...

I predicted Monero for June 2021 with 0,036BTC
Now say, BTC is at €50k in June (quite conservative calculation) and XMR is at 0,036BTC (quite conservative calculation) that would equal to €1800/XMR
Now if you want to be a XMR millionaire in € you would need to sell 555,555556 XMR to reach €1.000.000 in June 

In that context, at the current given exchange price for XMR/BTC looks like a heavy bargain 

Well I gotta say I would love to see this but I don't believe it for a second.

But I do believe this may be a final shakeout of weak hands from a very large adversary with strong hands and we won't see those coins loosed up again for awhile if ever.

There was very low volume for a long time before a massive FUD campaign from multiple directions and then a continual dump coinciding with a expected selloff while BTC finds a new floor.

That was a perfect time for a adversary to make a large move and with the new nodes sticking around even with the price plunge we can correctly assume something big is going on.

I feel pretty comfortable holding right now and even though it looks ugly I agree there will be a massive bounce back to a new floor in a few months.

I'm just glad I am in a position right now that I can ride it out as I have the operating capitol I need and don't expect another pre alphabay moment!

[cAPSLOCK]

It kinda seems like this is the opposite of the alphabay pump

[eseayan]

I have changed more btc to xmr at so LOW price. I will hodl it!

[Hueristic]

It kinda seems like this is the opposite of the alphabay pump

Point being.

[infofront]

This will have to turn around at some point soon.

Anyway, Kraken got a banking license and they have an XMR/USD trading pair, so things aren't that bad. It also looks like we may be getting some more pro-"crypto" regulators coming soon in the US.

[johnfoss]

Summoning all OG XMR BULLS!

This is a pivotal moment in the history of humankind. Monero is likely to be our only hope at ever having a truly private and immutable cryptocurrency.

Sure we can all stack our bitcoin or ethereum and get rich from previous sales of xmr and/or other cryptocurrencies, but this doesn't necessarily make the world a better place.

Monero is hope and freedom. And there aren't many investments where you can change the world solely via financial investment.

What side of the fence do you sit on. I know which side I'm on.

Time to smash that buy button  ;-)

[johnalan]

Just running some figures...

I predicted Monero for June 2021 with 0,036BTC
Now say, BTC is at €50k in June (quite conservative calculation) and XMR is at 0,036BTC (quite conservative calculation) that would equal to €1800/XMR
Now if you want to be a XMR millionaire in € you would need to sell 555,555556 XMR to reach €1.000.000 in June 

In that context, at the current given exchange price for XMR/BTC looks like a heavy bargain 

You still think 0.03X in June? I don’t think that’s even remotely likely. Unfortunately.

Maybe over the next 3 years.

[dEBRUYNE]

CLI & GUI v0.17.1.9 'Oxygen Orion' released (includes patch for memory exhaustion attack)!

https://www.reddit.com/r/Monero/comments/kt1xgp/cli_gui_v01719_oxygen_orion_released_includes/

[TheKoziTwo]

Starting to build a margin position here. From 0.0035 to 0.007 is 2x your BTC. It's inconceivable that this won't happen, and it will likely happen in Q1. Even if we only recover to 0.0053 that's 50% return. XMR has been going down almost consecutively since mid December with no recovery in sight. There's no fundamental reason that I can see for this complete wreckage. We're back to 2016 levels. Before the alphabay pump when XMR struggled to break out past 0.0042. Not that other altcoins are doing great, but for XMR this is the kind of blood in the street and full on capitulation that's perfect for entry. I can't think of any better purchase than monero at the moment. Not a big fan of margin, but just can't help it at these levels.

STRONG BUY

[Globb0]

Yes I agree with you.

Its hard to even believe these levels.

Maybe we have gone full fanboi! I am continually disbeliefing. lol

Dug in again for the winter.

[birr]

XMR looks like it's crashing and burning versus BTC, but has been holding steady against the dollar.  So the apparent crashing a burning of XMR is really just a function of the madly mooning btc market.  Makes me think it behooves to wait until this btc bull runs out of steam before aping into XMR.

[phishead]

Starting to build a margin position here. From 0.0035 to 0.007 is 2x your BTC. It's inconceivable that this won't happen, and it will likely happen in Q1. Even if we only recover to 0.0053 that's 50% return. XMR has been going down almost consecutively since mid December with no recovery in sight. There's no fundamental reason that I can see for this complete wreckage. We're back to 2016 levels. Before the alphabay pump when XMR struggled to break out past 0.0042. Not that other altcoins are doing great, but for XMR this is the kind of blood in the street and full on capitulation that's perfect for entry. I can't think of any better purchase than monero at the moment. Not a big fan of margin, but just can't help it at these levels.

STRONG BUY

I told myself a while back that anything below .01 is a strong buy... this is buy one get two free kinda prices

And yes, perfect time for people who missed out in 2015/2016 to hop on board again for the kinda “mad gains” people know and love...

Let Elon keep shilling his Dodge, I’ll keep stacking neroj.

[cAPSLOCK]

I suppose I am just mad because I really have all I want in my positions in both BTC and XMR.  I am pretty much already all in, unless I sold my house.

But XMR should be ~ $300 US now.  Conservatively.  And XMRBTC should be in the 7 range at least.

F&*$ing Bittrex.  Heh.

I am glad for those of you who want to load up a little.  But damn.

Unless there is something fundamentally that is super messed up Monero is ridiculously oversold.

[elrippos friend]

I suppose I am just mad because I really have all I want in my positions in both BTC and XMR.  I am pretty much already all in, unless I sold my house.

But XMR should be ~ $300 US now.  Conservatively.  And XMRBTC should be in the 7 range at least.

F&*$ing Bittrex.  Heh.

I am glad for those of you who want to load up a little.  But damn.

Unless there is something fundamentally that is super messed up Monero is ridiculously oversold.

Wait until the people get their profits from BTC, then we will rock again 

[sujonali1819]

I suppose I am just mad because I really have all I want in my positions in both BTC and XMR.  I am pretty much already all in, unless I sold my house.

But XMR should be ~ $300 US now.  Conservatively.  And XMRBTC should be in the 7 range at least.

There was no hesitate that XMR will follow the BTC trend as like as ETH. And this was not happen only for the bittrex delisting news. Same also happened with some other privacy coins.
Yes, it's sure that this news has helped to fall down the price of XMR but this will back again on it's position today or tomorrow, And the main lose will be bittrex will lose huge user after this delisting.

[Hueristic]

Starting to build a margin position here. From 0.0035 to 0.007 is 2x your BTC. It's inconceivable that this won't happen, and it will likely happen in Q1. Even if we only recover to 0.0053 that's 50% return. XMR has been going down almost consecutively since mid December with no recovery in sight. There's no fundamental reason that I can see for this complete wreckage. We're back to 2016 levels. Before the alphabay pump when XMR struggled to break out past 0.0042. Not that other altcoins are doing great, but for XMR this is the kind of blood in the street and full on capitulation that's perfect for entry. I can't think of any better purchase than monero at the moment. Not a big fan of margin, but just can't help it at these levels.

STRONG BUY

Hey, you may have to spark up the old exchange software again!

[TheKoziTwo]

Hey, you may have to spark up the old exchange software again!

Haha, I hope not Regulations have taken all the fun out of it. The only way forward is to completely decentralize trading on permissionless, unstoppable exchanges. I believe centralized exchanges will take a big hit in the coming years as we transcend them with decentralized finance. The old broken financial system is pushing us out, and they will come to regret that. Now atomic swaps are being worked on, and there are experiments with wrapped xmr. Eventually wrapped xmr will be made trustless and allow unregulated, KYC-less trading with massive volumes on services such as uniswap. That will be very exciting.