Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Ompan
on 24/08/2017, 20:10:55 UTC
I can not tell why Moreno's price is so high. Can someone explain the reason for this to me?

Monero team had previously lied to their supporters. Did everyone forget that? Please do not forget everything, because forgetting some things can encourage liars.
Why is the Monero price so high? Because it's targeting the most valuable market in the entire cryptocurrency space, private wealth storage. Look at the Monero Github. Look at the Monero IRC. Both are far more active than any coins other than Bitcoin or Ethereum. Monero deserves to be #3 by market cap, at the very least.

As to what Fluffypony did, it was stupid, but it's pretty much irrelevant at this point. He apologized and said he won't do it again. Given how much he's contributed to Monero, I think the vast majority of the community has forgiven him.

Forgive but never forget, i could bet my left toe on that he made a couple of yearly salaries from longing and shorting. And maybe he deserves that money but deceiving the community was pretty fucked up..  Cool