That fucking joke of a fork (XMV) will have fuck all hash rate, and be dumped to pennies in seconds. It's literally a fucking money grab.
This market is a retard, notwithstanding this fact, even this market isn't stupid enough to pump on the 'promises' of XMV.
This minor upswing (from 0.029 (our 2 month average)) is everything to do with accumulation and nothing to do with that fork.
We are about to see a biblical in-surge of wealth into XMR for three reasons:
1) Fundamentals:
Hardware wallet support, particularly ledger, opening the door to a whole new class of investor
Subaddresses
Kovri
Bulletproofs
Multisignature wallets
Hyperbolic adoption IRL/DNM
2) 2018 will be a pump year for 'privacy' coins as they come into vogue
3) Monero is the truest, most altruistic, sovereignless crypto today. Also MRL, is a fucking incredible powerhouse.
Monero will be 0.05 ~~1KUSD by year end, about rank 7 on CMC. I have no doubt of this.
If there is a 'dump' back to 0.028X, this is due to self fulfilling prophecy as people expect a pre/post fork dump. Not due to the MoneroV speculators, because there simply can't be many. Why? they have 1K subs on their subreddit, they have single digit active figures and the whole fucking world is aware it's just another BTG.
This market is a retard, notwithstanding this fact, even this market isn't stupid enough to pump on the 'promises' of XMV.
This minor upswing (from 0.029 (our 2 month average)) is everything to do with accumulation and nothing to do with that fork.
We are about to see a biblical in-surge of wealth into XMR for three reasons:
1) Fundamentals:
Hardware wallet support, particularly ledger, opening the door to a whole new class of investor
Subaddresses
Kovri
Bulletproofs
Multisignature wallets
Hyperbolic adoption IRL/DNM
2) 2018 will be a pump year for 'privacy' coins as they come into vogue
3) Monero is the truest, most altruistic, sovereignless crypto today. Also MRL, is a fucking incredible powerhouse.
Monero will be 0.05 ~~1KUSD by year end, about rank 7 on CMC. I have no doubt of this.
If there is a 'dump' back to 0.028X, this is due to self fulfilling prophecy as people expect a pre/post fork dump. Not due to the MoneroV speculators, because there simply can't be many. Why? they have 1K subs on their subreddit, they have single digit active figures and the whole fucking world is aware it's just another BTG.
I find that to be sadly pessimistic, but to each his own. Maybe shorten the window some, and it will be more palatable
