Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MONA] Monacoin LAUNCHING 2014/01/01 0:00 GMT
by
bricevdv
on 14/12/2017, 10:44:07 UTC
Let's keep a cordial tone on this thread.

We all reckon that MONA is becoming increasingly visible in Japan and that should soon be reflected in its value.
As to when and how much, nobody knows and everybody is free to post its own view.

I also believe that MONA has the potential of becoming the Litecoin of Japan. Its tech is as solid as LTC. Its network is less developed but it could grow very fast in Japan. That's why my target is 50$ by mid-2018 and a long term target of 100$

i dont think it will reach 100$ , monacoin, i think , maybe im wrong, is supposed to be easily spendable. Do you want to buy a coin that cost 100$ ? but this is crypto , everything can happen
If it reaches $100, why would that make it not easily spendable? I bought bitcoin at 2000 USD and I bought some at 11 000 USD, because I believe in it and I believe that more people will come later and buy so the price will go higher and higher. So it doesn't make sense to say that people will stop buying if the price will be 100 USD.
Just look at Litecoin. I remember not too long ago when the price was 60 USD, ok that is under 100 but now it is 300 USD and people keep buying.

could be a while as much as I like MONA its not an LTC yet.  LTC is on 14 plus large exchanges while MONA is on two. Its pretty much where they want it around 2000 yen ( $18 USD) which makes it a fun coin for night on the town eating and or shopping. BTC is still used as the larger store of value coin.

 They might not even want it on other exchanges as they already have Zaif MONA/JPY MONA/BTC

Still I keep it as a long term prospect because this is the wild wild west of crypto and demand from surrounding countries could push this wonderful coin into much higher status.

I agree with the analysis, for me MONA is a long term runner and will go to more exchanges, however for its value, to be used in Japan, 5000 yen or 10000 yen per unit would be reasonable and it will remain under the 100$ mark.