Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
explorer
on 31/08/2017, 23:47:30 UTC
Speculation:  There will be XMR billionaires by the end of next year.  Wrap your hear around THAT one.
I wouldn’t go that far. I mean even if it quadrupled in price (hitting 600$) then in order for somebody to be a billionaire then they’d need to be holding 250 million dollars worth of Monero. Even if it went 1 thousand times you'd still need a million worth of XMR to become a billionaire.

The math is not complicated.  400K XMR @ $2500 and there you go.  or 200K @ $5000.  Manipulate at will.  16 month window,   Say 5X BTC increase, and 5X XMR:BTC increase, or some combination (would put XMR ~$3500).   We just had a 2X in 8 hours, and 3X in a week in XMR.   BTC is up about 5X in the last 8 months.  Is that a lot?  Yeah, it sure is.  Hardly unprecedented though. 

That would be quite a call. You don't see a dip in price or a correction. IT was quite a big rise from 50 --> 150ish.

Of course there will be corrections.  But a 3X move in crypto can't be called big.  It took a whole week.  What do you call the 10X, 20X + moves?
 Bitcoin 100X in 2013
Monero  ~20X in 2016 (~10x so far 2017, looking like that can be made into 20+ pretty soon).
ETH whatever astronomical rise it had in 2016-2017
You think its all over?  Shut off the lights, there's nothing left to see in this space? 
S p e c u l a t i o n .