Hueristic
Legendary
Offline
Activity: 3934
Merit: 5288
Doomed to see the future and unable to prevent it
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July 04, 2017, 03:35:25 PM |
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I think sideways for awhile but everytime I think that there is something unforseen (DAO, Alphbay, Japan) and I'm wrong so...fucked if I know right now.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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nioc
Legendary
Offline
Activity: 1624
Merit: 1008
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July 04, 2017, 04:10:39 PM |
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I think sideways for awhile but everytime I think that there is something unforseen (DAO, Alphbay, Japan) and I'm wrong so...fucked if I know right now. Then let me guide you to somebody who knows. I'm gonna go ahead and call it:-
Monero to have a $2 billion market cap by 1st November (11/01/2017).
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Hueristic
Legendary
Offline
Activity: 3934
Merit: 5288
Doomed to see the future and unable to prevent it
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July 04, 2017, 04:17:36 PM |
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I think sideways for awhile but everytime I think that there is something unforseen (DAO, Alphbay, Japan) and I'm wrong so...fucked if I know right now. Then let me guide you to somebody who knows. I'm gonna go ahead and call it:-
Monero to have a $2 billion market cap by 1st November (11/01/2017).
SSShhhhssss, don't tell people our secret oracle!!!
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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KeyJockey
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July 04, 2017, 04:18:25 PM |
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I'm gonna go ahead and call it:-
Monero to have a $2 billion market cap by 1st November (11/01/2017).
I just read an article that said if everything goes haywire in this upcoming July-Aug-Sept period of contentious forks, in theory we could end up seeing not two but actually as many as FIVE different "bitcoins" each with separate blockchains diverged from the others. In-Fucking-Credibile they've let it come to this. All other things being equal, in theory, if BTC is now at $2500 and we end up with 5 "new-bitcoins", then a legacy coin on each one would be valued at $500 average, correct? Based on hash rate? But I doubt that'd really be true due to lost network effect (and just due to the bullshit of it all). In any scenario like this it's a foregone conclusion I think that Monero would benefit. XMR could easily become THE "new bitcoin" in this case. So, yeah, just about a 3X spike from here to hit $2B market cap would be nothing too hard. Actually it may be "easy" even IF bitcoin doesn't crash and burn like this: fucking Dash(LOL) is still holding over $150? XMR oughta be well past it too, actually...
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- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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cAPSLOCK
Legendary
Offline
Activity: 3766
Merit: 5146
Whimsical Pants
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July 04, 2017, 04:31:19 PM |
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Thing is, if bitcoin tanks... doesn't it rake the whole space down with it?
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KeyJockey
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July 04, 2017, 04:43:12 PM Last edit: July 04, 2017, 05:15:44 PM by KeyJockey |
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Thing is, if bitcoin tanks... doesn't it rake the whole space down with it?
Good question. I think it depends if people generally believe in the overall idea/concept of "cryptocurrency" OR if only "bitcoin" IS still "crypto" by itself alone. Back when BTC market dominance was consistently over 90% I think the latter was probably true, but nowadays after BTC has given up so much share and so many of the alts have taken so much more, seems to me like the former may be true now. Will "bitcoin people" just go back to fiat money if BTC implodes, or will they look to move to Facebook from MySpace instead? Seems at least 50-50 to me... P.S. {Edit} Update: here's the article where it says, near the end, that in theory up to 5 different bitcoins could be split apart: https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/ ...and, yes, it says it's very unlikely but all the same I'm curious what all you guys here, smarter than me, think what's actually most likely to happen?
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- 1KeyJKVWVxdavKTetDJpQWdUaota5jbtX6 -
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neilol-real
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July 04, 2017, 08:03:02 PM |
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Talking my book.
Just finished moving most of my trading stack back into XMR after a successful run with ANS/Neo. Looking for north of $70 before the end of July. Adding additional with leverage under $40. Technicals and news based trade. An inflammation of the BTC scaling debate is the biggest risk right now to XMR USD price imo.
At some point in the future I see XMR being a flight to quality asset for BTC instability, but we aren't there yet.
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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July 04, 2017, 09:48:50 PM |
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I think sideways for awhile but everytime I think that there is something unforseen (DAO, Alphbay, Japan) and I'm wrong so...fucked if I know right now. Then let me guide you to somebody who knows. I'm gonna go ahead and call it:-
Monero to have a $2 billion market cap by 1st November (11/01/2017).
4 months to rangedriver Redemption?
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TrueCryptonaire
Legendary
Offline
Activity: 1092
Merit: 1000
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July 04, 2017, 09:49:57 PM |
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Talking my book.
Just finished moving most of my trading stack back into XMR after a successful run with ANS/Neo. Looking for north of $70 before the end of July. Adding additional with leverage under $40. Technicals and news based trade. An inflammation of the BTC scaling debate is the biggest risk right now to XMR USD price imo.
At some point in the future I see XMR being a flight to quality asset for BTC instability, but we aren't there yet.
Indeed Monero can rise to 70 usd by the end of this month, but that would require bitcoin to rise. Monero cannot rise significiantly with its own merits.
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explorer
Legendary
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Activity: 2016
Merit: 1259
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July 04, 2017, 09:51:33 PM |
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I'm gonna go ahead and call it:-
Monero to have a $2 billion market cap by 1st November (11/01/2017).
... So, yeah, just about a 3X spike from here to hit $2B market cap would be nothing too hard. Actually it may be "easy" even IF bitcoin doesn't crash and burn like this: fucking Dash(LOL) is still holding over $150? XMR oughta be well past it too, actually... Could be achieved on the back on bitcoin alone without too much trouble, if BTC resumes its ascent in time.
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dEBRUYNE
Legendary
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Activity: 2268
Merit: 1141
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July 04, 2017, 10:02:10 PM |
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For those who haven't noticed yet, rehrar has revamped the official website: https://getmonero.org/
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reallynotme
Newbie
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Activity: 46
Merit: 0
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July 04, 2017, 10:15:37 PM |
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bitstomake
Member
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Activity: 111
Merit: 10
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July 04, 2017, 10:55:33 PM |
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Bassica
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July 04, 2017, 11:54:07 PM |
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Nice work by Rehrar!
OT: why is it that every time we see a bit of a rally, someone instantly comes in and ruins the party. Like that 4.2k xmr market sell today.
That said, it does feel like we're about to gain some momentum again pircewise. Can't help to feel that the btc uncertainty can be positive for monero in the short run. Also, the community is steadily increasing, some cool developments coming up, new website is out and on top of that the massive ascending triangle on the weekly which has been building for almost a year is getting nearer to a close as well. The latter sure wil fire up a big movement. As Tone Vays noted: 'I never invest in 'shit'coins, but I'm inclined to drop some btc into this, textbook example!'
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bitstomake
Member
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Activity: 111
Merit: 10
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July 05, 2017, 08:44:23 AM |
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Can't help to feel that the btc uncertainty can be positive for monero in the short run.
Is it mean spirited of me to be praying for SegWit to gigantically fail?
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NeuroticFish
Legendary
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Activity: 3780
Merit: 6486
Looking for campaign manager? Contact icopress!
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July 05, 2017, 08:48:51 AM |
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OT: why is it that every time we see a bit of a rally, someone instantly comes in and ruins the party. Like that 4.2k xmr market sell today.
That said, it does feel like we're about to gain some momentum again pircewise.
I've seen a technical analysis for Monero which has shown pretty plausible takeoff in some 2-3 weeks from now. Meanwhile some will buy and some will sell. Interesting fact is that the takeoff was predicted just before the Bitcoin's August 1st.
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bitwolf
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July 05, 2017, 09:19:09 AM |
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Guys, please stop bother yourself with the price speculation. Just follow TrueCryptonaire posts. Every time he says the price is going deep down - the price rises up and every time he joins/buys Monero and starts praising it - the price drops down. This happens in every single f.ucking price prediction post he has made trough out the years. I can't stop laughing when he predicts something.
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rinus
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July 05, 2017, 09:24:54 AM |
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Guys, please stop bother yourself with the price speculation. Just follow TrueCryptonaire posts. Every time he says the price is going deep down - the price rises up and every time he joins/buys Monero and starts praising it - the price drops down. This happens in every single f.ucking price prediction post he has made trough out the years. I can't stop laughing when he predicts something.
just because he is the TRUE cryptionaire
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CryptoPH
Full Member
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Activity: 161
Merit: 100
<3 Crypto
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July 05, 2017, 10:43:43 AM |
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Great! What a lovely home page for our Monero. Would also be nice if monero.org and or monero.com will be redirecting to this website too.
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