Quote from: nakaone on September 22, 2015, 09:42:06 PM

Quote from: owm123 on September 22, 2015, 09:02:40 PM

Quote from: SmoothCurves on September 22, 2015, 06:27:05 PM

It's amazing that Moneroj are selling for 0.47 cents. Anyone reading this post 5 years from now will be wishing so hard they were in our spot.

Or, they will be glad they did not buy it. In 5 years, monero devs can be long gone and the coin be long dead.

jep - in that case they lost 47 cents per coin on a risky invenstment backed by a top-notch technology with the potential to a) fill a niche and b) become a new kind of asset class.....

we all have confirmation biases as well as well as endowment effects over here and I personally think that there are many cryptos, including bitcoin, that are vastly undervalued... but nothing is so oddly priced as monero.

Like with all investments, it may or may not succeed. Time will only tell. But I do agree that monero aims at filling very specific and important void in crypto, anonymity and privacy. Fungability and adaptive block size are additional pluses. But still it does not guarantee a success.

Devs can leave the projects, as life and priorities change over time and can do something else. Investors can leave if the monero price is stagnant for too long, and community can move to the next super hiper new coin.