Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
johnalan
on 04/10/2017, 13:40:00 UTC
Massive call indeed, for Monero to take even 1% of BTC share, let alone 3.5%! But stranger things have happened in the world of crypto. We saw Monero take centrestage in 2016. It did not prevent Alphabay and Hansa from getting caught since they still loved Bitcoin, and we have seen Monero spike in 2017. I believe if it can fend off competition from Zcash we will see another ATH for Monero in 2018. I do not have much, but enough to make me a happy camper if it gets to $200!


What are you talking about?

$70,130,799,071 = BTC Market Cap
$1,356,728,026   = XMR Market Cap

Ergo, we already have 1.93% of the Bitcoin Market Cap, rejoice!


Look at the price ffs. 0.021 --> given that the XMR and BTC coin supply is approx the same for rough calculations, the XMR/BTC exchange rate is literally a rough indication of XMR's percentage of BTC mcap.

How is this not obvious.