Post
Topic
Board Altcoin Discussion
Re: Will Monero Reach $500 in 2019?
by
mv1986
on 21/03/2019, 21:34:28 UTC
There is a total availibility of 18.4 million Monero in the market, and out of that 16.7 million has already been mined, since the genesis of the cryptocurrency back in 2014.

Now as mentioned before, the limit of mining Monero is 18.4 million, 16.7 million of which has already been mined. It has been noticed that a more finite a resource is, the more valuable it becomes.

Similarly, it can be predicted that the more finite Monero will become as a cryptocurrency, the more likely it is for the prices of Monero to shoot up.

You can find detail info also here: Monero Price Prediction

Now Let me know what you guys think about it? Will Monero Reach $500 in 2019?
Monero is a good altcoin, i mined it when it was launch and now i regret that i had no trust in it, still the value of it will grow, if not to 500 it will be close to it.

Lucky you if you have been one of those guys mining it in the very beginning. That turned out to be a great deal for you. Did you mine it with instances from AWS or did you wait till the GPU miner came out?