Quote from: rinus on May 22, 2017, 11:16:10 AM

It should be higher then it is now I think

I think you just articulated the very definition of a good investment.

Quote from: sp_skeptic on May 22, 2017, 01:03:21 PM

Stop and think about how surreal this situation really is. I bought into Monero when it was $1.60 and now it's up > 20X, yet I catch myself sometimes thinking I have missed the boat somehow.

I don't feel like I am missing out, because when xmrbtc is declining, I buy xmr, and when xmrbtc is rising, I sell xmr. Not with the majority of my xmr, but with about 2% of it, lately. The result has been that each time xmr hits a new ATH, my MtM net worth outperforms anything else I have seen running over 3 years. Including eth. Key is to have a discipline: Don't sell into a falling market, or buy into a rising one.

Quote from: sp_skeptic on May 22, 2017, 01:03:21 PM

I do not know of anything in the history of assets that has come close to the recent run-up in some cryptos. This dwarfs the South Sea bubble and the Dutch tulip mania and the dotcom bubble. Monero by itself dwarfs those bubbles but some others dwarf Monero.

The south sea company was worth more than global GDP. To day that would mean $50 trillion. It was the first and largest ponzi, with backing of parliament and king.

Tulips had negligible moneyness. Monero has perfected moneyness. The value proposition of Monero plausibly runs into the trillions, unlike tulips or ponzi shares. I did not say "probably". I said "plausibly". If you are not accounting for that possibility, you are not deciding rationally.