Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
obit33
on 08/10/2016, 12:10:41 UTC
Damn. That's quite the resume. Predictions moving forward? Are we building a floor here around 0.01?
I think we're going to see a spike up soon with the release of the GUI. I bought a few in anticipation of that. But once the initial excitement wears off I think we'll continue to slide down and below 0.01 again. This still looks like a bear market to me, and if bitcoin continues to rally this will result in selling pressure on altcoins at least for the short term, if past behavior is any indication.

mweh, you're possibly right, though I think if more stories like this one surface: https://www.reddit.com/r/Monero/comments/56c16n/fbi_uses_blockchain_analysis_to_deanonymize/
it could give monero the extra boost needed for another bull-run... but I'm just a small fish in comparison to you, thanks for all you're doing for the community btw!