Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
walonek
on 21/10/2017, 20:33:26 UTC
Looks like I was right with the sub .015 prediction I made a couple of weeks ago. Hard to call a bottom here, as Bitcoin has the potential to continue its bull run. If Bitcoin hits $7500, I don't see how Monero will be able to stay above the previous bottom of ~.011. Don't see Monero's next bull run happening until March/April of 2018 at the earliest. The DNMs are too broken up and disorganized for a strong Monero economy to form at the moment. For now, it's a waiting game.

On the upside, this will give the Monero team some more time for improving the user experience. It's still difficult to use, compared to many other cryptocurrencies. Observe the high number of support requests in the Monero Reddit for confirmation of this. Hopefully this can be resolved with enough development work. Hardware wallets, multisig, and improved ease of use should set things up for an insane bull run, as the market realizes that Monero is the only no-nonsense digital cash.


I think the bottom is completely tied to btc as you have said while btc is in a bull run the price will go down in comparison but it's holding very steady in USD terms and thats what I really care about. Once BTC bubble bursts alot of capitol will come back and we should see a new high I believe in both BTC and USD terms.

Lol Lol Lol. "Belivers". When BTC bubble will start to pop everyone will start to CASH OUT into FIAT!
0.013 tomorrow! If nothing bad happens 25 october - 0.01 until end of october. noMore believers not in BTC.

Hehehehe 1D RSI dug new alltime LOW Smiley - 21.3