is all the money that went to altcoins going back to bitcoin? Massive dump incoming? Will monero resist? Make your bets
I expect a huge dump, xmr could surprise(greater fools buying a coin with obsolete tech), i expect below 0.01 again unless btc fails hard due to the scalability issue. I do not usually agree with you but I think you got this pretty well.
Right now I think Monero is severaly overpriced and hyped coin with a lot of downside risk but limited upside potential.
lmao ure such a noob
How on Earth is XMR overvalued
Every shitcoin is worth more than XMR and barely of any inherent value
ZEC at 250, ETH at 180, DASH at 130, GNO at 230 and so many other shitcoins
XMR at 35 bucks is like heaven, Monero will pump to 100-200 dollars this year
Better get some noob
Alts are in a bubble - including XMR. Bear in mind, I sold already a nice part of my stash over 0.02 btc but I am not even considering buying anything at current prices despite it would be profitable.
Monero is lacking the most important thing which is marketing and hype. Therefore it cannot find new people adapting it and eventually the price will start declining as the old guys are starting to feel how hard it is to carry a heavy bag.