Question is of xmr could recover from this ?
(1)No. Moreno is likely headed back to its ICO price; and may remain at sub-$20 for a while if it survives as a cryptocurrency.
(2)Afraid cannot suggest any viable cryptocurrency as a stable investment during 2018-2020.
(3)Historically, when any asset bubble bursts, the unwinding bear market typically lasts 2 years on average (from peak price to ultimate low); and usually erases 80%-90% in value; see here:
http://www.thebubblebubble.com/historic-crashes/
Applying the same metrics to the cryptocurrency bubble, it would suggest Bitcoin at sub $1000 by Christmas 2018 or Easter 2019.
From late 2019 to early 2020, the second generation of cryptocurrencies ought to emerge as viable long-term investments; however this time, with stable growth, purpose fit technology, robust secure exchange platforms and real adoption not parabolic exuberance.
4. Paradoxically, a volatile and rapid appreciation of a currency, is a failed currency. By definition, currencies are supposed to be recognized, accepted and stable mediums of exchange not just another speculative boom-bust asset class.
https://bitcointalk.org/index.php?topic=2711461.0
1. Monero never had an ICO. This reveals you do not know what you are talking about.
2. Then what the hell are you doing here? Trying to save us from ourselves? Talking your book? This calls your motivation into question.
3. Maybe, Maybe not. Work your crystal ball... make a fortune.
4. Your definition of a currency is very much the liberal-econ-professor/Jorge Stoffli/Paul Krugman sort of Keynsian-esque mindset that Bitcoin was created to destroy.
Who are you anyway? Why are you here spreading fear, uncertainty and doubt? What is your motivation?
Don't answer. Those are rhetorical. We see through you. And some of us are glad you're here.
