[XMR] Monero Speculation

[Nathan047]

I believe if it can fend off competition from Zcash we will see another ATH for Monero in 2018. I do not have much, but enough to make me a happy camper if it gets to $200!

Like I’ve stated in my previous posts, I don’t expect Zcash to last more that a year or so. I am guessing that Zcash will hit another pump to about 60% of it’s original high after being talk highly about by most everybody who’s an “important figure” in the crypto world, and then the whales are going to dump and leave everybody in the dirt, again; causing most people to completely lose trust in it.

[rangedriver]

Lol that is massive call, And I would say one that is banking on BTC falling off a cliff in the next few months as one would expect

Massive call indeed, for Monero to take even 1% of BTC share, let alone 3.5%! But stranger things have happened in the world of crypto. We saw Monero take centrestage in 2016. It did not prevent Alphabay and Hansa from getting caught since they still loved Bitcoin, and we have seen Monero spike in 2017. I believe if it can fend off competition from Zcash we will see another ATH for Monero in 2018. I do not have much, but enough to make me a happy camper if it gets to $200!

I can't imagine in what world 3.5% of BTC represents a massive call. It's literally just a creative way of saying breaking (and permanently staying above) XMR/BTC ATH by Springtime.

It's probably the easiest and least riskiest call anyone has ever made in the entire history of technical analysis ass number pulling.

[KeyJockey]

Just spitballin' here guys...

A few of my personal medium-term price numbers for crypto that I think may be worthwhile:

XMR = $300
BCH/BCC = $1000 (or $0, or $10K if the flippening happens)
BTC = $10,000 (or $0, or $1K if the flippening happens)
ETH = $500
LTC = $500
MAID = $5

Anyone care to venture when, or IF at all, any of the above may achieve these values?

[Billy Bunter]

A new DNM has apparently just opened. It seems to have its ducks in a row insofar as it places Monero at the top of the crypto food chain:

https://np.reddit.com/r/DarkNetMarkets/comments/7482h9/market_launch_aero_marketplace/

[LennyCarl]

A new DNM has apparently just opened. It seems to have its ducks in a row insofar as it places Monero at the top of the crypto food chain:

https://np.reddit.com/r/DarkNetMarkets/comments/7482h9/market_launch_aero_marketplace/

The kill switch sounds neato.

[cAPSLOCK]

And the next level begins.  Multi-sig cannot come soon enough.   

[Billy Bunter]

And the next level begins.  Multi-sig cannot come soon enough.   

Absolutely. Multi-sig and a hard wallet. Add light wallets to the mix and both DNM's and Globee will fly.

[Rostchild]

XMR is a bit dropping now,
in overall it is rising,
I choose to HODL and I predict it may go even higher later.
HODL

[Hueristic]

A new DNM has apparently just opened. It seems to have its ducks in a row insofar as it places Monero at the top of the crypto food chain:

https://np.reddit.com/r/DarkNetMarkets/comments/7482h9/market_launch_aero_marketplace/

Is it true?

[mnemonicsoup]

Just spitballin' here guys...

A few of my personal medium-term price numbers for crypto that I think may be worthwhile:

XMR = $300
BCH/BCC = $1000 (or $0, or $10K if the flippening happens)
BTC = $10,000 (or $0, or $1K if the flippening happens)
ETH = $500
LTC = $500
MAID = $5

Anyone care to venture when, or IF at all, any of the above may achieve these values?

You seem to be most bullish on LTC. Any particular reason why?

[KeyJockey]

Just spitballin' here guys...

A few of my personal medium-term price numbers for crypto that I think may be worthwhile:

XMR = $300
BCH/BCC = $1000 (or $0, or $10K if the flippening happens)
BTC = $10,000 (or $0, or $1K if the flippening happens)
ETH = $500
LTC = $500
MAID = $5

Anyone care to venture when, or IF at all, any of the above may achieve these values?

You seem to be most bullish on LTC. Any particular reason why?

Actually, no... based on my overall portfolio percentages of each coin, I'm most bullish on Monero (but I guess I've just gotten used to "things taking a bit longer then they really should" in MoneroWorld over last couple years... LOL)

Maybe flip those $ values then, so LTC = $300 and let's have XMR = $500?  Works for me 

[thoth-Atlantian]

hate to tell it to you but no one can predict the markets.

Except Rangedriver.  His short term record is enviable. (Inside info, I assume.)

Well it's now October and it looks like my prediction of 0.07-0.075 by the end of September was wayyy off course. Weird huh?

I guess it just shows that no-one can predict the markets after all... and puts to bed the rumour of trading on inside info. (I really don't want to get investigated by the Feds for pulling numbers out of my ass.)

With that being said... I'm looking at Q1 2018 to be the most interesting for Monero. Read, bullish.

I've spent a lot of time doing some research and can now confirm that XMR will have at least 3.5% of BTC's marketcap by February 24th at just after 2pm PST.

You can take that to the bank. (I mean it this time.)

Lol that is massive call, And I would say one that is banking on BTC falling off a cliff in the next few months as one would expect

What are you talking about, This implies a price of about 0.036 XMR/BTC (or 2.4bn mcap ~~ 160USD) with the emission curve/wave for XMR and BTC.

We (as you know) hit that last month, how do you come to the conclusion that BTC would have to fall off a cliff for XMR to reestablish such a recently achieved price over the course of nearly half a year?

If we are not at over 5% of BTC mcap by this date, something is wrong.

I'd like to know how you reach your conclusion.

It is called a bubble, I have seen it befgore in 2013 and I would expect the same outcome again, maybe not a bear market for as long though

[elrippos friend]

Bottom reached by now, now we are going back upwards until a high on 18'th December for 0,06125 

[RenaiSHITechnology]

Monero is promising.
I bought much lower and it is still good to HODL.
All coins are low now,
It is okay to buy more XMR.

[Phash2k]

man... I wish I had found this one earlier

got only few moneros, but I will hodl them!

[johnalan]

hate to tell it to you but no one can predict the markets.

Except Rangedriver.  His short term record is enviable. (Inside info, I assume.)

Well it's now October and it looks like my prediction of 0.07-0.075 by the end of September was wayyy off course. Weird huh?

I guess it just shows that no-one can predict the markets after all... and puts to bed the rumour of trading on inside info. (I really don't want to get investigated by the Feds for pulling numbers out of my ass.)

With that being said... I'm looking at Q1 2018 to be the most interesting for Monero. Read, bullish.

I've spent a lot of time doing some research and can now confirm that XMR will have at least 3.5% of BTC's marketcap by February 24th at just after 2pm PST.

You can take that to the bank. (I mean it this time.)

Lol that is massive call, And I would say one that is banking on BTC falling off a cliff in the next few months as one would expect

What are you talking about, This implies a price of about 0.036 XMR/BTC (or 2.4bn mcap ~~ 160USD) with the emission curve/wave for XMR and BTC.

We (as you know) hit that last month, how do you come to the conclusion that BTC would have to fall off a cliff for XMR to reestablish such a recently achieved price over the course of nearly half a year?

If we are not at over 5% of BTC mcap by this date, something is wrong.

I'd like to know how you reach your conclusion.

It is called a bubble, I have seen it befgore in 2013 and I would expect the same outcome again, maybe not a bear market for as long though

The sovereignless, borderless, value storage/transfer that crypto provides is now pervasive.

It's known, proven and understood.

Crypto is a token of credit, not a token of debt like the US Dollar.

I lost coins in Gox too, I remember when bitcoinity was the only chart service, and I've worked in the fiat markets for years.

We aren't in a bubble. This is the price discovery phase for the 6th Generation of money (post plastic), true crypto has been recognised for it's disruptive power.

Do you really think that such a technology as I've described will stay long with a market cap 1/100th the size of metals? I don't.

Best of luck.

https://www.finextra.com/newsarticle/31140/imf-chief-says-banks-would-be-unwise-to-dismiss-the-threat-from-virtual-currencies

[explorer]

Bottom reached by now, now we are going back upwards until a high on 18'th December for 0,06125 

I thought it was to be $500 10 days prior to that... I suppose both is a reasonable projection 

[aminorex]

We aren't in a bubble. This is the price discovery phase for the 6th Generation of money (post plastic), true crypto has been recognised for it's disruptive power.

Do you really think that such a technology as I've described will stay long with a market cap 1/100th the size of metals? I don't.

Yes.  I would add: Bubble is subjective.  It's made of bubbles.  Bubbles all the way down.  When the panic comes, everyone will say, oh that was a bubble.  In fact the panic is equally a mispricing, but the doomsayers will consider it their (fleeting) vindication. There is a well understood fundamental attractor for price (Fisher's law), but it is only partially observable in the market, and there are quasicyclical factors as well (technically, "quasiperiodic on time scales", some of which may be predictable given sufficient observation, and a low model error - but that is an awful lot of hard work).  

Whenever the price moves there are winners and losers, support and resistance.   The price will have to move a LOT in order to achieve fundamental value over the coming years.  So there will be BIG winners and losers.  So there will be a LOT of resistance and support.  It will be painful for everyone.  Too much drama for my taste, certainly. But, the holders will be the winners after the smoke clears.  That's where I want to be sitting.

Suppose the "end point" (your investment horizon) has XMR denominating 1% of JUST the global black markets. (Although in reality it is more likely to be 10%, and another 2% of the "regulated" market besides.). You all know the numbers by now.  In order to reach even 20kUSD it has to go through all the levels between here and there.  That's a vast battlefield.  It will not be crossed without much blood.  Call me a coward but I do not want to bleed.  I will mostly just sit on the side, and hold.  Maybe pick a dead man's pocket or two when the action is far away, or the blood is deep in the streets.

The brute, incontestible fact is that Monero has a growing share of a growing sector (crypto).  It is going to do fantastically well over the long haul.  It has already done so, when the future was relatively dark.  Now that it  has enough cap to make technical development much easier to support, the future is brilliant, and one day the market will suddenly price that in.  I want to be holding on that day.  And indeed, to pass my (unknowable, inalienable) wealth to my heirs, if I can't find a better use for it in my lifetime. BTC on the other hand, has a declining share of that growing sector.  It may do very well, but not so well as XMR.

Whenever someone tries to pry your fingers apart with FUD, remember the facts, remember the logic, remember that markets rise by climbing a "wall of worry", and hold.  It is a scary rip tide, but it is a rising tide.  Stay in the fracking boat!

[Febo]

A new DNM has apparently just opened. It seems to have its ducks in a row insofar as it places Monero at the top of the crypto food chain:

https://np.reddit.com/r/DarkNetMarkets/comments/7482h9/market_launch_aero_marketplace/

"Cryptocurrency
Aero provides the facility for use of both Bitcoin and Monero. The recent events referenced above gave us a real look at how much of a serious liability Bitcoin can be, we want to offer it as an option due to it's ease of use and it can still be used anonymously if done correctly, but we are firm believers in the future of Monero and it's capabilities. We will strive to be a Monero first marketplace and consider to move away from Bitcoin completely in the future once Monero receives true multisig transactions and becomes more accessible to the average user."

[aminorex]

Probably low quality, but for what it is worth,  "First Crypto ETF" to hold XMR https://themerkle.com/first-crypto-etf-launches-a-pre-ico-guarantees-to-buyback-tokens/