Quote from: Bassica on October 27, 2019, 09:09:39 PM

Quote from: joroz on October 27, 2019, 08:17:53 PM

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

Top in BTC: 0.035
Now in BTC: 0.006
Lowest in BTC since: 0.006

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

When did they stop requiring basic math skills at Russian troll farms? 91% loss from .035 would put us at 0.00315, not .001**.

Bitcoin has had two 90%+ declines in its history, from $0.17 to $0.01 in 2010 and from $32 to $2 in 2011. The Jan 2015 bottom was at 85% down from ATH and the Dec 2018 bottom at 84%. Note that it hasn't had another 90% decline in the last 8 years. Those are not regular occurrences.

Monero has also had two 90%+ declines, from $5.53 to $0.22 in 2015 and from $467.77 to $37.16 in 2018. Those bottoms are clearly established and hoping to get a 96% discount after youve missed the 92% off sale is a recipe for FOMO.

But please keep shoveling Siberian FUD coal into the steam engine, just try not to get run over when the train gets moving again.

Ha, this is amazing! Well said.

Some clarity / good news on the regulatory side would be the perfect storm here. Imo Monero can run back to 0.0125 levels in a few days on very little extra inrerest.

Just my 2 monerujo

The last spike was 26 times fold. Let's take into account 50% loss in the spike of that because of the emission, adoption, bla bla blaaaa so that would end up in a 13 times fold.
0,006 * 13 = 0,078BTC/monero
0,004 * 13 = 0,052BTC/monero

I personally think our bottom will be 0,005'ish so that would end up at 0,065BTC/monero
My feeling tells me that we will hit the 0,065'ish mark a few months after the BTC halving, so keep on to your monerujo and then it will be lambo time Grin

(respectively Lexus and Ducati time for me Shocked

)

cheers