Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
americanpegasus
on 09/04/2016, 23:50:29 UTC
Yup a lot of words to basically say what I have been saying, greedy slimeballs infest this thread, more than any other coins combined. In DASH you only have toknormal and quizzie manipulating the morons at will. ETH has its own indentified slimes.

Sure lets "retest" 230k because that number feels better in my ass. Keep fucking each other up. Moon is around the corner.

It's not "greedy slimeballs", it's just random people like American Pegasus spamming the coin is going to be worth $5 billion dollars each before dinner time, or TrueCryptonaire saying it's going to be worth $100 each in 2014 and $1000 each by 2016.  If people trade on that advice, it's probably not going to work.  Just because he has unrealistic expectations or might not be the greatest of traders doesn't mean the thread is full of manipulators.

I personally think anyone trading altcoins this close to BTC halving is insane, but that's just my opinion, man.  That is, unless you have so much money that tossing a few thousand at Monero is inconsequential.

Now that's not fair.  I repeatedly said an honest and fair price for Monero is about $4 to $5 by this fall.  I think next year we may see $40.  I think by 2020 we will see $2000, and by 2030 we may see $100,000+.  
  
That's assuming continued development and adoption.  If those conditions are met, these estimates are quite reasonable.  Of course you need to remember that I am just a guy with opinions, some of which may be wrong.  As well, I always stress that nothing moves up in a straight line - we will have many corrections and rocketships on our way up, many of which will be unpredictable.
This is exactly and certainly the kind of shit you are saying that was referring r0ach. How can you say such bullshit?
What is your bid for year 2500 or 3000?

How do you propose Monero become a global financial network without a market cap of at least $5 trillion?  And if Monero will still be around in 2030 then it must have such a market cap to still be alive.  And if it has such a market cap, then it will be worth around $100,000 per Monero.  
  
So I don't see what the problem is.  By 2030, Monero will either be worth $100,000+ each or $0 each.  The good news is we are currently quite close to that $0 each, making Monero a good long term bet.  
  
I encourage everyone to start with premise that 'Monero is a scam' and work backwards from there understanding g why it's not, and finally coming to understand that unless something drastically better takes its place there are few future possibilities where Monero doesn't become one of the most valuable assets in the world.