Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
TrueCryptonaire
on 07/08/2016, 19:47:10 UTC
So guys do you seriously think Monero will replace Darkcoin as # 1 anon coin?

Basically it requires close to ATH for Monero (assuming Darkcoin will not rise).

Pretty solid assumption to make.

#1 by what metric? In terms of actually being an anon coin, Monero already replaced xcoin / Darkcoin / DASH.

In terms of marketcap who gives 2 shits. I propose that in order to be #1 in market cap, we just airdrop 10 bajillion coins into a burn address. Because the total number of coins is calculated by adding up coinbase, and because we can't track where the coins go after coinbase, it'll work.

Three cheers for gingeropolous.

I speculate that we are soon to begin our climb to the moon. I'm hoping that this bail in news will tank prices enough to nab some monero in the $1.50 range (somehow).

Marketcap is pretty much the only term you can compare the coins. Other terms are more "off-topicish".
Correcting market cap by helicopter money is not legitimate thing to do. Numberwise there are 6.7 million Darkcoins mined, and 12.5 million Moneros mined. Therefore it should be easier to increase the market cap of Monero than with Darkcoin.
There are simply way too many coins available for the markets compared with the rate of adaption, that's the issue why the marketcap is still pretty low. If 99 % of the coins were hovered from the exchanges, the price should be pretty inelastic to even tiny increase in demand.