Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
luigi1111
on 04/08/2015, 15:19:29 UTC
The point being made was nobody's made any real money out of XMR 2x $100,000? 90% of the posters here drool over the thought of that much money.


100k-200k is nothing if we truly understand the scope of technology we are talking about.

I guess this is one of the key points. Hopefully we'll look back and laugh about a handful of people making a few 100k. My issue is just with propagating this idea that there hasnt been some 'big' (depending on your definition of big) money already been made with this coin.

I think it's pretty generally agreeable that "big money" (with the backdrop of BTC and LTC) does not describe Monero. You're basically saying with near perfect trading (or you were dga/pttx) you could've made, say, 100-200k USD. Very very few people could've actually done what you describe, as the market is so small still.

In "success" stories (they've not nearly succeeded yet) such as BTC and LTC, multiple people made millions. We're talking ~1 billion+ market caps that came out of almost nothing. Monero's highest market cap was what, 7-8 million? It also started with a higher market cap because of the alt-boom going on at the time.

Anyway, congrats on your profitable trading. Smiley