Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
iCEBREAKER
on 30/07/2018, 17:35:49 UTC
How do you feel about XMR/BTC - USD drops I can handle, the XMR/BTC rate is insulting at this stage...

Underestimating the strength of Bitcoin has always been a mistake.  Every altcoin fanboy makes this error and later regrets it.  Bitcoin is the rich coin that gets richer (preferential attachment).

OTOH, XMR usually tests painful new lows before popping up again (green shoots grow in red blood).  Right now it's likely stolen DNM coins are being liquidated or at least diversified.  And the block reward is still relatively generous.

But we have lots of great news coming Soon(tm).

This weeks dev notes are very bullish for our fundamentals.

Be sure to check the Dash Collapsing Monero Up thread for necro-posts periodic updates when the ratio reaches new lows, in accordance with the long-term trend that thread was created to document and discuss.