[XMR] Monero Speculation

[Last of the V8s]

@cAPS tyvm
@mic there's no hurry. I er don't think the bottom is in here, even with the inflation change to come.
then yes it's a good bit more likely than not to increase against btc. and it's such a nice safu coin.

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[Millionero]

How did you guys get here, was there a jailbreak out of WO?
Who's next, JJG and Roach?

[Hueristic]

One more pump in the old girl left? My bids await in the 30's and 40's.
How's the scaling thing coming along?

Please tell us sir, is there one? Would be easy to decide or i'm gonna buy or not, take your Palantír and let me know THX

I have no clue, I've cost averaging since .03, pretty much all I hold is XMR and BTC. I'm happy accumulating right here.

[El duderino_]

I just follow the HATs

[Last of the V8s]

I'm only here for the barolo.

[infofront]

Not enough hats here yet. I didn't know V8 and mic were depraved shitcoiners too.

Monero blockchain records all-time high transaction count; average transaction fee falls to 3-year low

[Hueristic]

Not enough hats here yet. I didn't know V8 and mic were depraved shitcoiners too.

Monero blockchain records all-time high transaction count; average transaction fee falls to 3-year low

Damn shitcoiners coming out of the woodworks!

The transaction fee also simultaneously decreased to a low unseen since December 2015. The average transaction fee came down to $0.025. The number of transactions started to skyrocket from 4,425 to 9,389 on April 25, 2019, which was an increase of 112%

That bolded is just fucking perfect.

[El duderino_]

Not enough hats here yet. I didn't know V8 and mic were depraved shitcoiners too.

Monero blockchain records all-time high transaction count; average transaction fee falls to 3-year low

There were times when ONE just BOUGHT everything and still didn't do anything wrong 

I have a few coins when I look @them.... yeah then I truly can almost cry that I have convert BTC for that, on the other hand I did sell some in time and gained BTC as well BUT FML with that LUX

[phishead]

I’m here to watch the dramatic conclusion to fluffy’s eventual 2023 exit scam...

Crypto’s greatest ever unfolding saga!

[Hueristic]

I’m here to watch the dramatic conclusion to fluffy’s eventual 2023 exit scam...

Crypto’s greatest ever unfolding saga!

We still have time to bail!

[infofront]

I’m here to watch the dramatic conclusion to fluffy’s eventual 2023 exit scam...

Crypto’s greatest ever unfolding saga!

Too bad everyone has lost their Monero in boating accidents.  


Anyway, anybody have some long-ish term moonshot predictions? Let's say BTC hits $120K in May 2022. What price is XMR at?

I ran across this Satis report again, and it got me thinking:

[Biro Bob]

Not enough hats here yet. I didn't know V8 and mic were depraved shitcoiners too.

Monero blockchain records all-time high transaction count; average transaction fee falls to 3-year low

I had to double check I was in the right thread for a second there...

[Whtwabbit]

I’m here to watch the dramatic conclusion to fluffy’s eventual 2023 exit scam...

Crypto’s greatest ever unfolding saga!

Too bad everyone has lost their Monero in boating accidents.  


Anyway, anybody have some long-ish term moonshot predictions? Let's say BTC hits $120K in May 2022. What price is XMR at?

I ran across this Satis report again, and it got me thinking:

"it got me thinking"

Any results yet? Or https://www.youtube.com/watch?v=mlejsgxOxrU

[Hueristic]

Too bad everyone has lost their Monero in boating accidents. 

Well I lost mine on the poker table a month before alphabay.

My timing in life to be on a cooler just cannot get worse, one day I'll walk away instead of marveling on how I can lose to another one outter.

Anyway, anybody have some long-ish term moonshot predictions? Let's say BTC hits $120K in May 2022. What price is XMR at?

I ran across this Satis report again, and it got me thinking:

I think the premise is faulty as people are just not that smart.

https://www.bloomberg.com/opinion/articles/2018-12-07/2019-forecast-predictions-will-be-wrong-random-or-worse

https://zycrypto.com/taking-a-critical-look-at-the-satis-group-cryptocurrency-future-price-prediction-report/

[joroz]

I think the premise is faulty as people are just not that smart.

https://www.bloomberg.com/opinion/articles/2018-12-07/2019-forecast-predictions-will-be-wrong-random-or-worse

https://zycrypto.com/taking-a-critical-look-at-the-satis-group-cryptocurrency-future-price-prediction-report/

That second rebuttal shows some deep analytical thinking.

[Millionero]

@joroz I can't tell if you're being serious or not.
You should put an emoticon like  if you're being sarcastic.

[freedomoptions.io]

Monero still the best privacy coin in the world hands down

[kurious]

Haven't popped in for a while but I will throw my hat in the ring, too - albeit a little late for the mad hatters tea party.

While Monero has held up in USD reasonably well - and stayed above the $60 mark having briefly dipped to sub-$40 six months ago, it may seem to have languished against BTC since things picked up. So far...

However, looking back, XMR always lagged behind BTC when things turned upwards.  See XMR/BTC lows in early '17, and of course massive highs in both BTC and USD in Spring 2018 sometime after BTC's last bull run had peaked.

So, while all alts are definitely out of season, Monero is about where it should be, with BTC's market dominance at such high levels.  Monero dropped to its recent USD ATL in mid-December within a couple of days of BTC reaching its absolute low to end the last bear market.  For me the low point is around now for XMR/BTC.

Why?  Well, while BTC is dominant and obviously looking up at last, anyone increasing their investment in crypto is tending to buy BTC - rather than speculating in a sluggish alt-market right now.

I expect - judging by historic patterns and some technicals - XMR/BTC will see a decent bounce against by summer between mid-July and Early Sept.  

I'm a long-term holder of XMR and, but for my boating accident, I'd be a substantial one.  XMR is not a 'here-today-gone-tomorrow' coin, it's an honest POW, no-premine coin with decent use cases as money, and is the dominant privacy coin.  Never out of the CMC top-20 since Monero debuted in it - despite the token shit that dominates the index - it has a great community, active development and an admired ethos.  

If you're speculating - then a medium term BTC to XMR and back if well-timed could increase your stash of BTC nicely, but for me it's always been something I advise everyone (even my family) to keep as a portion of a balanced portfolio.

So, enjoy the bargain season for XMR, I cannot see it lasting for long.

[kurious]

I’m here to watch the dramatic conclusion to fluffy’s eventual 2023 exit scam...

Crypto’s greatest ever unfolding saga!

Too bad everyone has lost their Monero in boating accidents.  


Anyway, anybody have some long-ish term moonshot predictions? Let's say BTC hits $120K in May 2022. What price is XMR at?

I ran across this Satis report again, and it got me thinking:

I tend to under-estimate.  It often works for me as I am rarely disappointed.  Although I have under-estimated bear markets too, to my great regret. 

Anyway, to answer your question:
Firstly - I reckon the next ATH in BTC will be a little earlier (autumn '21), but Monero's habit of lagging will mean spring 2022 may well see its peak, so I will take a guess.

From the end of the bear market to top of the next bullrun in BTC should be a minimum of 1600% which means a 50K USD - or higher - new ATH.

Let's say 50K - 100K.   Monero, post-peak has been as much as 3.5% of BTC, but more often around 2.5% at its peak during BTC bull runs.

So - May 2022 just after BTC ATH, let's pick a figure of 75K for BTC
XMR/BTC at 0.025 gives a figure of:  $1875

Note: I may not be here to see if I am right.  I could be fortifying my private island by then, and avoiding BTCT for opsec reasons.

[Hueristic]

Monero still the best privacy coin in the world hands down

Nothing else  compares to Monero's feature set, and security. I think mimblewimble would be considered the most fungable now but that tech is years away from real world use.