Self-moderated thread for discussion of Monero trading and price speculation.
Off topic posts will be removed. Off topic includes any extensive discussion of other coins, promoting other coins, or posting of promotional materials from other coins.
Non-substantive comments such as Monero sucks, Monero is a scam, Monero is great, Monero to the moon, etc. are considered off topic. Every post and reply should add to the discussion. The preceding sentence forbids repetitive exchanges on the same topic without some topical context.
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People speculating on Monero may also be interested in the
MoneroMarkets subreddit (unaffiliated)
Monero is a coin based upon the idea of complete privacy and security. It is a coin whose transactions are completely anonymous and untraceable making it one of the better privacy coins available out there. Even the amount sent can't be traced making it one of the better choices for black market.
Monero has one of the better development teams backing it which is another factor which makes it fit for investment. I think the coin has tremendous amount of potential to grow and you can easily expect it's value to be around 400-500$ by end of this year for sure.