Quote from: cAPSLOCK on Today at 04:57:05 PM

Quote from: kurious on Today at 03:52:15 PM

Quote from: rinus on August 04, 2020, 09:32:45 PM

How high do u guys think the price will go before end of year ? I guess 120 usd Cheesy

Ah... I will bite.

Well we're pushing towards the $100 mark now - and given Monero seems to be rising against Bitcoin little by little, looks like we're along for the ride.

Price in USD? (notwithstanding Bitebits comment about that pile of filthy fiat) well, if we end this year over $100, which looks likely and even conservative at this point in time... hmm.

Bitcoin is hoping for 10x (or more) so I think four figures for XMR is not a crazy thought. I think EOY 2021 will be special - even if Monero just stays at the same rate against BTC, a thousand bucks is possible.

And don't forget, in this four year cycle world... Monero IIRC went up by 2,600% four years ago. And in January 2018 in USD terms it was at over $500.

I suggest it might be wise to ignore Ricardo's advice between now and the end of 2021.

Little note:
I credited Bitebits above, but I should also give a shout to cAPSLOCK for his fine posts both here and on the WO of late.

Thanks Kurious.

I am just excited because we are STILL in a gimongous binary bet. Both with BTC and with Monero... same dynamic.

Monero is either already pretty much done and will not surge again, or it's greatest days value wise are still to come. It is starting to become so obviously the second one that it's just an exciting time.

And I agree that, though the old saw, "don't hold, use" really is a meaningful one, and may end up the exact mechanism that XMR ends up coexisting with BTC we loons are ourselves taking a big risk by staking (not like that) some Monero, running nodes and keeping the network going in the face of risk (governments, hacks, etc). and our risk stands to pay off.

Hopefully. Wink

You're right and I was not entirely serious - I know what Fluffy meant. That's why I got in as soon as I could way back, when it was forking off and the name Monero was first mooted.

I am excited too. Very. It's always been an amazing project and, like Bitcoin, was designed as money, but private - without an entirely visible blockchain, with no rich list. It's brilliant, beautiful and it works. Those who have manned the node barricades, used it as money and defended the fort by hodling through the toughest times have my respect and gratitude. I have tried to play my small part in buying the dips, market making and buying the dips again. Even though I was underwater until 2016 - I just kept on, it seemed it 'had' to work.

One risk has been the pressure on exchanges from TPTB because Monero's secrecy was 'too good', something they might want to crush. That's been a concern and has wobbled some - and made it harder to keep the faith. We will deserve whatever benefit there is; it has not been easy, but we're still here and yes, our time is coming - privacy is too precious, everyone has good, legitimate reasons to want their financial dealings to be private. Even banks Wink

I have had a few coins over the years, but only two have truly mattered and are still things I trust.

I hold a few bitcoins and 'an undisclosed amount' of one other, which is and always will be... private.