[XMR] Monero Speculation

[XMR2020]

I wonder if this is a bullish sign for Monero.

https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/
https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/

The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow. It doesn't matter, however, it's bullish for Monero regardless.

This obscene public spectacle with hunderds of people on r/bitcoin pouring over the forensic details of this transaction is a giant advertisement to anyone with two neurons that bitcoin is non-viable as a store of value and currency. This individual is one KYC leak away from the entire world knowing their net worth and identity. I hope they trust every single employee at Bitfinex, Binance, and Bitmex. Their life may depend on it. 1 billion in crypto is nation state level threat model.

[Anon136]

I wonder if this is a bullish sign for Monero.

https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/
https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/

The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow. It doesn't matter, however, it's bullish for Monero regardless.

I can't imagine being someone sitting on a pile of silk road bitcoins. That would terrify me. Anyone with any sense would be moving that into monero while they can still transfer them to an exchange at all.

[lusiaga]

Something that then makes many people do not hesitate to invest in Monero. This is evidenced by a research data that Monero is in the top 10 as the most popular and most widely used crypto currency in the world. This fact makes Monero's prospects very promising.

[elrippos friend]

it seems that "emerging" countries with falling fiat currencies are now a good support for crypto markets:

https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade

"Crypto currencies are attractive to individuals in less developed economies for a few reasons:

Transaction costs are the same as gold.  BTC's higher price volatility is offset by gold's higher conversion fees
Liquidity favors BTC
BTC only requires access to the internet
Easier to transport and hide $20,000 of BTC offsets gold's bulkiness"

this applies to Monero as well.

And I would definitely add independence from governments. We can see what they are doing to their people in Venezuela, Turkey, some of the African countries... People have lost value of years of work in just a few days.

That's exactly the reason we are meeting in here 

yep. Talk about real value proposition eh?

Jopidopi, we will see how this evolves 

[elrippos friend]

Self-moderated thread for discussion of Monero trading and price speculation.

Off topic posts will be removed. Off topic includes any extensive discussion of other coins, promoting other coins, or posting of promotional materials from other coins.

Non-substantive comments such as Monero sucks, Monero is a scam, Monero is great, Monero to the moon, etc. are considered off topic. Every post and reply should add to the discussion. The preceding sentence forbids repetitive exchanges on the same topic without some topical context.

Hostile trolling (which includes but is not limited to use of "meme" pictures to attack or demean) especially by sock puppet accounts is not allowed.

When quoting posts, please remove any large charts or other images unless the quoted post is at least one page old. Please shrink (or remove) large images in replies in all cases.

When I am speaking as the moderator, and only then, I will write in red. Other messages using red text are not permitted.

People speculating on Monero may also be interested in the MoneroMarkets subreddit (unaffiliated)

There's no much hype for this coin actually unlike the other coins that there's so much hype but in the end it was just a shitcoin . I really consider investing on this coin since it's aim is good and I know it will succeed in the future.

Then go for it and welcome in the community 

[elrippos friend]

I wonder if this is a bullish sign for Monero.

https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/
https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/

The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow. It doesn't matter, however, it's bullish for Monero regardless.

This obscene public spectacle with hunderds of people on r/bitcoin pouring over the forensic details of this transaction is a giant advertisement to anyone with two neurons that bitcoin is non-viable as a store of value and currency. This individual is one KYC leak away from the entire world knowing their net worth and identity. I hope they trust every single employee at Bitfinex, Binance, and Bitmex. Their life may depend on it. 1 billion in crypto is nation state level threat model.

Should have used Monero in the first place, then nobody would watch them transfering their coins 

[nysefloortrader]

ill post it simply

1) Facebook are in trouble with privacy

2) Monero is a privacy coin

3) People want more privacy these days6)

4) They will flock to privacy coins down the track

5) Buy the dips here, and sell the rips

6) you will win.

[bitverzo]

We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?

[kurious]

We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?

Not much. 

Prediction is 12% down today, wipe out in a year (under $2). Let's see if it's right today.  It might get lucky - but frankly it looks utter nonsense to me.

In summary:  a waste of a click.

[Mallyx]

We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?

I think the $22 prediction for end January 2022 is a bit harsh !
It even goes negative for 2023: exchanges will give you money to take XMR

[Hueristic]

We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?

Not much. 

Prediction is 12% down today, wipe out in a year (under $2). Let's see if it's right today.  It might get lucky - but frankly it looks utter nonsense to me.

In summary:  a waste of a click.

I read that then went and put in some buys.

[Febo]

I wonder if this is a bullish sign for Monero.

https://www.reddit.com/r/Bitcoin/comments/9ceb5v/1b_bitcoins_on_the_move_owner_transfers_100m_to/
https://www.reddit.com/r/Bitcoin/comments/9bfnff/near_1b_are_currently_on_the_move_from_a_silkroad/

The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow. It doesn't matter, however, it's bullish for Monero regardless.

This obscene public spectacle with hunderds of people on r/bitcoin pouring over the forensic details of this transaction is a giant advertisement to anyone with two neurons that bitcoin is non-viable as a store of value and currency. This individual is one KYC leak away from the entire world knowing their net worth and identity. I hope they trust every single employee at Bitfinex, Binance, and Bitmex. Their life may depend on it. 1 billion in crypto is nation state level threat model.

Should have used Monero in the first place, then nobody would watch them transfering their coins 

They probably would if Monero would exist back then. But in general this are reasons why Moneor is so superior. Now wehn you deal with Bitcoin you can always be feared you will get Silkroads tainted Bitcoins. You will never have such or similar fear while using Monero.

[7jaka7]

We now see that it is worth keeping a monero only for a long time.
https://bitverzo.com/forecast/monero

What do you think?

Possible prediction - as any other...
I really don't like websites like this. They just made a template in which they can put some data and it looks like deep analysis. Compare Monero analysis to others. Basically same page just different numbers.

[giacatluong]

Monero is the 9th cryptocurrency based on market capitalization. Monero is designed to be private, secure and untraceable cryptocurrency. Its price has increased by half compared to December last year, which is a good sign.

[Whtwabbit]

Monero is the 9th cryptocurrency based on market capitalization. Monero is designed to be private, secure and untraceable cryptocurrency. Its price has increased by half compared to December last year, which is a good sign.

No, still a gap of $700,000,000 till #9 (unless you are excluding tether)

[AlteregoX]

Couldn't buy in the 0.014 zone, now I'm trying not to FOMO in but the price just doesn't want to stop

[Globb0]

[Whtwabbit]

"The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow"

Is it tomorrow already?

[Globb0]

Feels a bit risky stepping out of the elevator for a second

[generalizethis]

"The possibility exists that 1 billion in bitcoin could black-swan dive into Monero tomorrow"

Is it tomorrow already?

Given that rational investors are well aware that when maximalists chant, "Decentralized! Censorship resistant!" in their quest to distance themselves from shitcoins, they also point out that if those are the value proposition for a cryptocurrency, then Monero is more valuable.

So maybe tomorrow, tomorrow--