Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
TrueCryptonaire
on 18/09/2016, 10:08:58 UTC
Glad to see the price is up today, I hope it will continue to go back to its peak price. Still cannot realize any profit but at least I was able to minimize my loses, with it go back to 0.02 this month or not?


People buying XMR at current prices are literally paying pennies on the dollars and probably they are not aware of it even... 

?

If you think Monero will reach 1:1 ratio with bitcoin someday, it means every around 1.5 cents invested into Monero today will be worth of 1 dollar (assuming bitcoin will have the same price in the future) because Monero represents only around 1.5 % of the price of bitcoin.

Some people have even a big chutzpah to claim 1 XMR will be worth more than 1 btc.