Quote from: Febo on October 27, 2019, 02:32:07 PM

Quote from: Jason.W on October 27, 2019, 01:00:34 PM

Years ago it went down from $6.50 to a quarter, which was a crippling loss of 96% and 0.01 to 0.00095, which was a crippling loss of 91% BTC-wise and we aren't even all the way there yet. That'd be at the 0.0014 btc/xmr or $19 mark so until I see either of those hit I really don't see a point in recommending a buy to anyone who hasn't already been buying it all the way down until this point. At least anyone looking to actually make money within the typical frame of next week or next month, or next quarter, or even next year.

Monero went from $6.50 to a quarter in first year when yearly mining emission was 100%. So at the bottom in one year emission doubled. Before that was even higher. Now yearly mining emission is 3.4% and that would take 30 years to double, but since it keep decrease will take more then a century.

Sure, it's absolutely reasonable to assert that because the emission has effectively ended that there could be less selling pressure, however there were other massive declines at different points in the emission. For example, consider that there were massive losses in two month time frames two other times, 01Sep2016-01Nov2016 (80%) and then again 26Aug2017-05Nov2017 (70%), meanwhile the loss from 31Aug2014-31Oct2014 was actually a 77% loss while the >90% losses didn't come in until 14 months after that drop, where the yearly emission on those three periods was 16.23%, 8.46% and 154.98% respectively (source from : https://docs.google.com/spreadsheets/d/1qXi7zUSIh7F6UuSuhOryyFbHEy_LJuym3I3neAga_2s/edit?pli=1#gid=239466694), where now it's currently 3.39% per https://moneroinfo.herokuapp.com/ .

So unless you were to be implying that some point below 3.39% triggers the price to stop going down, I'd lean toward thinking the emission rate has significantly less of an effect when compared to market sentiment or something else entirely. I'm still not convinced that we don't have less than a year left, and as such still maintain that there is still more to lose from where Monero's at, despite what BTC does.