Still think we may see 0.07 in the coming few months?

Market feels like possible long bear season ahead...

Yes, XMR has risen greatly, but it's far from done. Just look at the relevant metrics. Reddit subscribers, IRC activity, Github activity, third party services, etc. Now compare these to other cryptocurrencies. For most of the metrics, Monero is right behind Ethereum. However, Monero's market cap is 16x smaller than Ethereum. So my view is that Monero is still underpriced. I can't see how it doesn't move up to #5 or higher.


Monero's biggest problem was lack of awareness. People mistakenly thought that Bitcoin was anonymous, and the Monero team was busy making Monero rock solid. The last few days have resulted in a tremendous increase in awareness of Monero. People are starting to realize that their Bitcoin is completely traceable, and Monero is perfectly positioned to benefit. Another 5x increase is not just possible, but very likely. If you're worried about buying at a high price, then distribute your buys over time.

One of these tables is going to correct. You do the math.

Why is the Monero price so high? Because it's targeting the most valuable market in the entire cryptocurrency space, private wealth storage. Look at the Monero Github. Look at the Monero IRC. Both are far more active than any coins other than Bitcoin or Ethereum. Monero deserves to be #3 by market cap, at the very least.

As to what Fluffypony did, it was stupid, but it's pretty much irrelevant at this point. He apologized and said he won't do it again. Given how much he's contributed to Monero, I think the vast majority of the community has forgiven him.

I can not tell why Moreno's price is so high. Can someone explain the reason for this to me?

Monero team had previously lied to their supporters. Did everyone forget that? Please do not forget everything, because forgetting some things can encourage liars.

I am a longtime Monero supporter.  I bought within a month or two of the coin's issue in 2014, when Bittrex first listed it.  Monero is my biggest holding, more than any other crypto, and more than my dollar-denominated assets.  I had to get my bona fides out of the way because of what I am about to say.  And I want you to read and consider.
All the back and forth, including refuations posted by Monero people, are 99.9% motivated by partisanship.
Wake up and stop acting like kids in the schoolyard.
I come to this thread to read and communicate with people who understand crypto, and what I see is the same dreary tit-for-tat that infects every debate I'm following, whether it's core vs bitcoin cash, Monero vs Zcash, and all the rest of the small minded wrangling over crypto controversies.
Grow up, people.  There's much more to this than winning the argument.
I want to read something written in a tone of detachment.  A high-handed, superior tone, and the conviction of your own righteousness, counts for nothing with me.
God damn it.

Lmao @ that extremely biased nonsense. Monero users like to twist words and meanings to try and convince people what aspects of privacy are actually important. They will conflate things that would protect users privacy with gimmicks like not having a rich list. The important aspects of privacy fall extremely short for monero. The way the community tries to ignore it is embarrassing.

https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

http://monerolink.com/monerolink.pdf

SHITCOIN

btw. did just see a stupid mistake...had an auto short at 142 with 75.000$...some glitch in my bot...i hope i dont get liquidated when a whale comes -_- could actually close now but i dont now, maybe the glitch is a sign from a more powerful creature ^^
What you think?