Quote from: explorer on August 31, 2017, 11:47:30 PM

Quote from: JohnDoe3490 on August 31, 2017, 11:33:46 PM

Quote from: explorer on August 31, 2017, 11:26:01 PM

Quote from: Nathan047 on August 31, 2017, 04:47:15 PM

Quote from: explorer on August 31, 2017, 05:15:54 AM

Speculation: There will be XMR billionaires by the end of next year. Wrap your hear around THAT one.

I wouldnt go that far. I mean even if it quadrupled in price (hitting 600$) then in order for somebody to be a billionaire then theyd 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 .

Yes, S p e c u l a t i o n !
Damn my experience in trading stocks led me to misjudging and bad timing, and selling too early. XMR and other worthy cryptos are different animals, so I decided to just HODL.

P.S.: Sold 20% of my XMR, and I found it very challenging to buy them back. Cool