Ninjastic
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Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
EuSouBitcoin
on 05/12/2017, 04:55:18 UTC
Quote from: Nathan047 on December 04, 2017, 03:49:57 PM
Quote from: EuSouBitcoin on December 04, 2017, 06:23:26 AM
Quote
monthly predictions on XMR/USD through June 2018 based on returns to date and the road to $500 and $1,000

From April 2014 to now, XMR/USD has had a geometric return of approximately 0.3696% per day. Extrapolating that into the future gives us the following monthly prices:

$220 on Dec 31, 2017
$247 on Jan 31, 2018
$274 on Feb 28, 2018
$307 on Mar 31, 2018
$343 on Apr 30, 2018
$385 on May 31, 2018 and
$430 on Jun 30, 2018
...
...
I saw $209 yesterday.  Pretty confident it will be up more than $11 this month.
I’m guessing @EuSouBitcoin is taking into account that after pumps Monero seems to slowly lose it’s value on and off until it hits it’s next pump.

I’m going to guess that we’ll see 180$ going into Jan. as Monero slowly loses value coming off the pumps now, but then hits another pump sometime mid-January (at least that’s what I expect).

Another way to look at my post is "on those dates what will the price of XMR/USD be"? So for the Dec 31, 2017 price of $220, we could hit $220 or higher prior to that date but I think the price would come back down and the price on Dec 31, 2017 would be $220.