Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
aminorex
on 02/04/2015, 14:02:07 UTC
There's no way you can suggest Monero will replace Bitcoin in public and not get laughed out the room.

You can't stop the signal.  Laugh all you like.  I will laugh all the way to global domination.

Monero replaced bitcoin already for perhaps a quarter of those crypto speculators with whom I interact (a self-selected but very leading group).  The cutting edge of the high-linear-risk, higher-exponential-reward speculators always recognize very quickly that risk/reward asymmetry overwhelmingly favors Monero over Bitcoin.  Once they understand the competitve landscape, the differentiation from other "altcoins", they act decisively.  Their followers are legion, and will do what they always do:  Follow.

Perhaps a buying pause for a little while now.  I dunno.  But the major gains are still ahead.  Trying to front run the dips for a cheaper buy back is exceedingly difficult in XMR.  I will not even try.  Just drip buying here.

In general:  Now is a good time to buy BTC while it is still cheap, to buy all the more XMR if it corrects a bit.  My approach is "be right and sit tight".