[XMR] Monero Speculation

[CTTE]

Im actually surprised RingCT hasn't had any effect on price, but I'm in for long-term investment anyways.
I could definitely see a price of $50 to $100 in a few years from now which would be a great return on your investment, even if you bought today.
If Bitcoin can hit $1000 I don't see any reason that coins like Monero and Ethereum couldn't hit that price point.

Monero has already been over $18 USD just recently, so a 3 times increase would not be ridiculous and put it over $50. So, I think it would be very likely that we could see that mark in the next month or just a few weeks. Especially with the volatility that we've been seeing recently.

[bbc.reporter]

Check XMR/USDT in Poloniex and compare it with BTC/USD. It is beginning to appear that Monero is following bitcoin's price. Are we seeing XMR becoming the real silver to bitcoin's gold? Some say what about litecoin? Litecoin is a 200+ million market cap of nothing.

[danimlg]

hi mates,

New here, I wish a good 2017 for all of you and of course monero and Bitcoin.

[ozkraut]

hi mates,

New here, I wish a good 2017 for all of you and of course monero and Bitcoin.

Welcome!  Same to you 

[alphahacktivist]

Check XMR/USDT in Poloniex and compare it with BTC/USD. It is beginning to appear that Monero is following bitcoin's price. Are we seeing XMR becoming the real silver to bitcoin's gold? Some say what about litecoin? Litecoin is a 200+ million market cap of nothing.

thats actually interresting, why is litecoin having a 200m marketcap? why do people buy litecoin? i bought because of a "maybe" situation but ive been holding for 4 years now, afaik nothing happening that i should get excited about

[CryptoPH]

Im actually surprised RingCT hasn't had any effect on price, but I'm in for long-term investment anyways.
I could definitely see a price of $50 to $100 in a few years from now which would be a great return on your investment, even if you bought today.
If Bitcoin can hit $1000 I don't see any reason that coins like Monero and Ethereum couldn't hit that price point.

IMHO, the RingCT feature is already probably price-in.

[elrippo]

Im actually surprised RingCT hasn't had any effect on price, but I'm in for long-term investment anyways.
I could definitely see a price of $50 to $100 in a few years from now which would be a great return on your investment, even if you bought today.
If Bitcoin can hit $1000 I don't see any reason that coins like Monero and Ethereum couldn't hit that price point.

IMHO, the RingCT feature is already probably price-in.

Let's wait and see 

[Febo]

Check XMR/USDT in Poloniex and compare it with BTC/USD. It is beginning to appear that Monero is following bitcoin's price. Are we seeing XMR becoming the real silver to bitcoin's gold? Some say what about litecoin? Litecoin is a 200+ million market cap of nothing.

This is happening quite many months now. I wish I would make some notes in past and could be more exact. It seems it already come in my subconscious and a week ago with huge BTC raises i was already predicting Monero price going up even BTC wise. So double gain. Same as when BTC go down,Monero go down even in BTC.


I dont know why this happen and dont know how to call it,but Monero dont act as other alts, but like a BTC baby.


I might be totally wrong since was so many news, and could all be just because of that. + as I said, i am just flowing my instinct and not having real data here.

[SolarStorm]

from the syscoin thread:

Syscoin 2.1.1 has support for dynamically updating the currencies supported by the marketplace dependent upon which peg the merchant has selected for their offer listing. We will be demonstrating this ability this weekend by adding support for five new currencies to the Syscoin marketplace- Ethereum (ETH), Waves (WAVES), Dash (DASH), Factom (FCT), and Monero (XMR). Through the power of the dynamic peg system these new currencies will become available for all merchants to price their item in as of 12pm US/PST.

usability of xmr just got bigger

[Globb0]

from the syscoin thread:

Syscoin 2.1.1 has support for dynamically updating the currencies supported by the marketplace dependent upon which peg the merchant has selected for their offer listing. We will be demonstrating this ability this weekend by adding support for five new currencies to the Syscoin marketplace- Ethereum (ETH), Waves (WAVES), Dash (DASH), Factom (FCT), and Monero (XMR). Through the power of the dynamic peg system these new currencies will become available for all merchants to price their item in as of 12pm US/PST.

usability of xmr just got bigger

Good post for page 1337   

[KeyJockey]

Good post for page 1337   

Aaaaaa shoot, man... you beat me!  I just clicked here quick to try and write:

Welcome To The 1337 Page!!!

Hehehehe 

[goin2mars.]

Couldn't think of a better way to celebrate other than place an order for 1337 moneros earlier 

[danimlg]

Just wondering how hard will be this down of BTC. Monero needs BTC, at least right now.

I am sure this will be a crazy year. Hopefully bitstamp (I assume Coinbase is adding monero) adds it, if you carefully read email they sent to customers about XRP, they said, I quote: "As you would expect, we are very excited about making more services available to our customers. But the year is still young. Stay tuned for more developments as and when they arise!"

Well, let's see if Monero "arise" on their platform Dreaming is free

[elrippo]

Until now, XMR Monero seems to be quite unimpressed by the BTC rollercoster 

[pa]

It's wonderful that the potential of Monero is being more widely acknowledged. Kudos to its creators, to our core team and other developers, and to the community members who've been rooting for it all along. It's now earned its place on the crypto-cognoscenti's short-list of trustworthy projects. I look forward to 2017 as the year that people who actually need digital cash begin to discover and use Monero.

[hyc]

Check XMR/USDT in Poloniex and compare it with BTC/USD. It is beginning to appear that Monero is following bitcoin's price. Are we seeing XMR becoming the real silver to bitcoin's gold? Some say what about litecoin? Litecoin is a 200+ million market cap of nothing.

thats actually interresting, why is litecoin having a 200m marketcap? why do people buy litecoin? i bought because of a "maybe" situation but ive been holding for 4 years now, afaik nothing happening that i should get excited about

When there were still no fiat/XMR exchanges, I was considering using LTC to get in and out of XMR, since the BTC network was so congested. But I guess the need for that has passed.

[TrueCryptonaire]

Check XMR/USDT in Poloniex and compare it with BTC/USD. It is beginning to appear that Monero is following bitcoin's price. Are we seeing XMR becoming the real silver to bitcoin's gold? Some say what about litecoin? Litecoin is a 200+ million market cap of nothing.

thats actually interresting, why is litecoin having a 200m marketcap? why do people buy litecoin? i bought because of a "maybe" situation but ive been holding for 4 years now, afaik nothing happening that i should get excited about

When there were still no fiat/XMR exchanges, I was considering using LTC to get in and out of XMR, since the BTC network was so congested. But I guess the need for that has passed.

Bitfinex and Kraken are both accepting Monero as a method of payment for fiat money.

[Hueristic]

Check XMR/USDT in Poloniex and compare it with BTC/USD. It is beginning to appear that Monero is following bitcoin's price. Are we seeing XMR becoming the real silver to bitcoin's gold? Some say what about litecoin? Litecoin is a 200+ million market cap of nothing.

thats actually interresting, why is litecoin having a 200m marketcap? why do people buy litecoin? i bought because of a "maybe" situation but ive been holding for 4 years now, afaik nothing happening that i should get excited about

When there were still no fiat/XMR exchanges, I was considering using LTC to get in and out of XMR, since the BTC network was so congested. But I guess the need for that has passed.

Bitfinex and Kraken are both accepting Monero as a method of payment for fiat money.

Don't trust Bitfinex and Kraken collects more info than coinbase and only offers EFT which makes it worthless for most our needs.

Couldn't think of a better way to celebrate other than place an order for 1337 moneros earlier 

Very nice.

Im actually surprised RingCT hasn't had any effect on price, but I'm in for long-term investment anyways.
I could definitely see a price of $50 to $100 in a few years from now which would be a great return on your investment, even if you bought today.
If Bitcoin can hit $1000 I don't see any reason that coins like Monero and Ethereum couldn't hit that price point.

IMHO, the RingCT feature is already probably price-in.

I agree that it's already priced in and that is a side effect of the dependability of the devs and scientists.

We have so much faith in their ability that we all had already  taken it as a given.

[KeyJockey]

HoneyPony seems holding pretty steady with all the BTC red/green today... still roughly about 0.015-ish at least, as priced in BTC terms (fiat value fallen of course, but who wants any of that old shit currency anymore anyway? LOL).  I think that's not changed much from last few days, isn't it?

Seems to me also that anti-XMR brigade has been making the rounds to stir up FUD about blocksize and temporary fee/rate increase after the fork.

Guys: IMHO, it's gonna take some TIME for normal humans to GROK what *true* perfect fungibility really MEANS for a digital currency: I was surprised there was not more of a 'pop' in the price after the successful fork but reality is probably that this information just has not sunk in yet to any appreciable degree.

Personally I'm *doubling* my long-term stake in XMR on all the recent good news: fully intend to just HODL and ride the pony to moon and beyond.

Buy The XMR,  Take The Ride... LOL
 

         

[OrangeP]

Also gotta admit that this is rough times. I don't even think its over.

Most interesting thing is: Why is Monero the only top20 currency that suffered in relation to Bitcoin?