Ninjastic
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Board Speculation (Altcoins)
Merits 2 from 2 users
Re: [XMR] Monero Speculation
by
phishead
on 22/10/2020, 16:52:53 UTC
⭐ Merited by bitebits (1) ,Hueristic (1)
Quote from: johnalan on Today at 04:35:09 PM
Quote from: Febo on Today at 03:31:50 PM
Both Monero and Bitcoin are destined to go up this and most likely whole next year. Swings down as Monero had last two days will for sure happen but general trend will be up. I dont see any other way. Number of transactions will be by far highest in October, no matter the protocol upgrade bad two days. Emission inflation is at 1.58%. That is just like Gold. Everything under $200 for all year high does not sound nice.   

I agree, though I think there are too many weak hands to ever see Monero > 1KUSD.

Though I think we will probably see XMR/BTC at 0.008 with BTC at 50K some day, so say 400usd for XMR.

FWIW I've held from 7usd to 480usd and back.

Emission is already below Bitcoin’s and the deficit is only going to increase over the short term. With atomic swaps coming soontm[/tm] and a steep learning curve for properly using coinjoin, I think you may be underestimating the demand for a truly private/fungible currency.