any guesses where monero bottoms?
Long term seems Bitcoin is following 2014. Almost identical, since dates are similar. Bitcoin went then approximately from 1200 to 200. So if next year will continue as last half year did then we might have $3500 Bitcoin at some point and on average not much higher at start of next year. You can imagine where will Monero be. So there is your bottom. I dont predict this, but there is still possibility. I do hope and expect Bitcoin will recover faster then last time.
If you are asking in upcoming weeks, then it is ofcourse way higher.
OK, while writing it makes me think. I call that Monero will not go under $50. Most of time will stay way over that but should not go under this number ever.
If that hunk Romero goes back to $50 I will probably jizz my pants. Jus sayin.
Edit: I think I just now realized that I have a lot of complex emotional attachments to XMR.
Well I will be probably wrong as usual
But we were both right. $50 XMR was needed so people started getting gloomy, calling $1 Monero and the end of crypto. That is needed if we want to get out of it.
Monero needs to eventually make a move on its own. Not related to bitcoin or any other cryptocoin, but to its privacy related trait.