Quote from: CryptoPH on June 18, 2018, 08:38:59 AM

Quote from: Xenoph0bia on June 17, 2018, 06:21:11 PM

Monero currently has a market capital of $6 billion. The coin is the best privacy coin out there. With its ring signature, it makes transactions completely anonymous and highly secure. The transactions are untraceable and hence, the identity of the sender and reciever is kept private. The coin has one of the best development teams behind it. One of the coin's major aspects is that it provides world class research which ensures that all privacy angles are discovered and adressed. Due to this fact, the coin has the potential to cross the $500 mark in the next 3-4 months. You can expect good returns from it.

IMHO, 3-4 months seems to short.
It'll take "at least" 2 quarters (6 months) to repair the price action, then break all time high again.

Breaking $500 in short period of time (e.g. 3-4 months) will not be sustainable and price may crash again.

Yes breaking 500 seems more unlikely by the day. I think monero is by far the best crypto out there after btc, but you really cant expect anything to happen about the price given the current state of the market.

We are for all effective purposes in a bear market and most likely looking at another crypto winter similar to 2014 to the end of 2016.

IMO the next catalyst for a bull run will most likely be the next halfeneing in 2020