Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
elrippos friend
on 13/11/2020, 13:35:08 UTC
[...] i think i can buy back in at 0,0090-0,0088 levels [...]
I suppose my prediction of low 0,006 / high 0,005 will be reached by the end of November  Grin Grin Grin


Keep lowering that bar and one day you will be out of Moneros. Through the years I have seen many come and go on the WO trying to be smart.

The world needs easy to use, decentralized, actively developed and carefully tested financial privacy. There is currently, still, only one fulfilling those requirements (think about that for a second with the thousands of other attempts out there).  It is just that people with money, most living in first world countries, think they don't need privacy. They are OK their transactions are broadcasted to the world for anyone to review, forever. That is just being naive to say the least.

It requires only one external event though to make a 180 degrees turn. Thinking that Monero, as the private payment layer of Bitcoin, is not even 1% of its value is short term thinking. Monero's price will have its day in the sun again, and in the meanwhile it is maturing and improving each and every day. In about 1.5 years there are only new tail emission coins available, the rest needs to come from hodlers exiting. Don't be impatient or greedy while Monero's future is already so clear today.

I honestly do not get your point in this perspective, but the bar is lowering by itslef, so there is nothing wrong in selling monero and buying back in. If you did not do so, fine for me, but please don´t try to educate people about the use case in speculation thread  Wink