Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
mnemonicsoup
on 25/12/2017, 05:03:23 UTC
In regards to BTC, I believe, at least for now, that BTC is essential as the backbone of the cryptosphere, not only because of the trading pairs but also because of the general sentiment which is important. All the people who want BTC to fail at this moment are delusional thinking that their alt coin of choice would increase in value. Mainstream sentiment would be destroyed.

Also, I still think BTC has a lot going for it with all the upcoming upgrades, and always thought that BTC and Monero have and can in the future have a great symbiotic relationship, like gold and cash.

To quote smooth:


Quote
I am not trying to be extra callous, but I am just so tired of hearing how Monero will still be going 20 years from now.

It may, it may not. I'm on record saying many times that it will probably fail and become worthless. Of all the coins around, it is in a small group that has the best chance to be around in 20 years (Bitcoin obviously far eclipses all the rest, and not only because of its size)

Although, he might have updated his opinion on this matter.


This is also quite interesting:

https://www.reddit.com/r/Bitcoin/comments/7lrc0u/did_anybody_else_spot_this_reply_from_head_of/


With all this said, I think that Monero is far more undervalued than any other crypto, and believe that 0.1BTC is a realistic mid term prediction.