2019 is the year. Emissions falls silly low.
I expect explosions
Like 1000 USD or higher? I still think 1000 is possible in 2018
I bought monero because I liked monero. Unfortunately it refuses to do anything other than follow bitcoin around everywhere it goes like some sort of lost puppy. It's stupid and annoying but it is what it is. So anyway, the point being, it looks like its going to depend a lot on what bitcoin does. It might outperform bitcoin. We can hope it does of course. There are good reasons to expect that it will. But it doesn't look like its going to climb in value unless bitcoin does also. So you want to figure out how well monero is going to do in 2018? First figure out what you think bitcoin is going to do.
I almost wish bitcoin would die, even though the price of everything in the sector would crash, just so that everything could break free and we could have a dynamic and competitive market with internal relative price discovery. You know, so that the good projects could actually be separated from the bad. So that the crypto sector could improve based on bad projects dying and good ones absorbing their capital. Instead we have an entire sector that moves togather in one direction or the other irrespective of whether the individual projects are actually garbage.
Frustrating.
I understand what youre saying, but dude... Monero followed Bitcoin around in 2015 at around .001-.0015 for a while too... its not a permanent thing, just a temporary coincidence.
I communicated poorly. It's not really that that I hate. It's that shitcoins get boosted up when bitcoin goes up and quality projects go down when bitcoin goes down. Bitcoin going up shouldn't make your worthless garbage product more valuable. It's completely unrelated. It should be completely unrelated anyway. I feel like peoples obsession with bitcoin is subsidizing garbage. They treat the entire sector like its one homogeneous blob and not tons of very different projects that should be evaluated individually on their individual merits. If people would evaluate each project individually it would reward the better ones more and punish the bad ones more and the whole sector would improve more and faster. It would be healthy for the sector. I hope that makes more sense.
You know how people like to talk about zombie banks and zombie corporations. People treating this sector like one homogeneous blob is creating zombie currencies.
Goes back to my earlier point. I think people mentaly baseline at entry point against BTC.
It remains to be seen whether a settlements network can be salvaged from the ashes of the house Satoshi built and the core team burned down. I would not invest in bitcoin now, simply because it is not useful now, and I have no confidence in the salvage crew.
A blind, arthritic and demented standard bearer does not seem like a good thing to me. Lack of utility, if it persists, will surely bleed its value inexorably down. I hope I am proven wrong because the wake of a sinking titan can capsize numerous lesser vessels. Even a sound one will be tossed brutally in those swells.
I know Bitcoin has been slipping in your estimations, and I agree in many ways it has lost its way. Maybe it's wishful thinking on my part that it recovers its credibility, and remains as the market driver in CC, because if it sinks - rather than is gradually surpassed - I think a crypto as a whole is in for a very long and painful time before it finally sorts itself out.
God help us with all the silly bitcoins. If BTC goes down the who space will be made a mockery of