Anyone care to speculate on price and this bear market...?
Risto flipped to 'maybe 0.004', Aminorex is sadly absent. We have seen bottoms below where I expected (I can't be alone in that), so it's tough for all of us who know Monero is sound and will rise again - but is all speculation dead while BTC looks this bullish?
Monero is in a secular uptrend, same as Bitcoin.
Both experience highs and lows - stellar rises of 1000%+, and grinding downtrends of up to 2 years in length.
Unless anyone decides otherwise, Monero is going to new lows.
- As for pricing, 0.004 BTC/XMR seems somewhat good target (just don't get religious on it if you are a lucky long term holder who is temporarily out).
- As for timing, Monero has an annual cycle and after a few months it's again the peak time.