Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Febo
on 17/06/2018, 20:45:06 UTC
where do you think 2018 ends? will it be a total bear year?

No.  Bitcoin will begin to rally sometime this year.


I hope that too, but why it would happen? Ligtning networks? Is there any info Lightning networks are now about to start real world use of the BTC?

What other reasons there are for BTC rally?

All that has to happen is for a fiat whale to backstop it and then for people to start to get caught in that greed feedback loop.

I dont think any new technical reason will build rally for bitcoin to reach new ATH.   I think just more and more institutional investors will buy BTC and slowly push it back to $20000. Once that will happen hype will start again and people will start buying it.   I dont see Bitcoin reach new ATH this year, earliest mid next.

And whats the lowest u can see bitcoin and Monero drop. I was reading in a magazine 5000 usd for bitcoin and Monero at 0.015 btc, that’s 75 usd per Monero. This is based on the charts

OK, while writing it makes me think. I call that Monero will not go under $50.   Most of the time will stay way over that but should not go under this number ever.

I made a pessimistic call so I dont need to change it ever again Smiley