rogerver Founder Posts: 1556 Joined: Thu Sep 10, 2015 6:55 am Monero Price Speculation Thread Wow!What a wild ride for Monero over the last few days!It just broke $8 earlier today, and this morning it was only $4!This feels a lot like Bitcoin did back in 2011!I'm glad to be along for the ride this time too!/topic7039.html lethos3 Nickel Bitcoiner Posts: 51 Joined: Fri Jul 08, 2016 9:49 pm Re: Monero Price Speculation Thread An important milestone was achieved with the surpassing of the previous ATH at around 0.011BTC.It feels we are really just starting, Monero was always a community funded project, with the recent growth in marketcap I can see the ecosystem expanding exponentially.Hope we get into more exchanges soon.the take-off: rogerver Founder Posts: 1556 Joined: Thu Sep 10, 2015 6:55 am Re: Monero Price Speculation Thread /exchange#btc_xmr /topic7039.html lethos3 Nickel Bitcoiner Posts: 51 Joined: Fri Jul 08, 2016 9:49 pm Re: Monero Price Speculation Thread /exchange#btc_xmrPoloniex still the main XMR exchange, I use https://cryptowat.ch/poloniex/xmrbtc but its basically like watching polo.There is also #monero-markets on freenode where some discuss price movements.

We also have Slack channels that relay from the IRC and telegram channels, anyone wishing to join just PM needmoney90.needmoney90 Posts: 2 Joined: Sun Aug 28, 2016 6:42 pm Re: Monero Price Speculation Thread /exchange#btc_xmrPoloniex still the main XMR exchange, I use https://cryptowat.ch/poloniex/xmrbtc but its basically like watching polo.There is also #monero-markets on freenode where some discuss price movements.We also have Slack channels that relay from the IRC and telegram channels, anyone wishing to join just PM needmoney90.I had no account here, just made it.Shoot me a PM with your email here, or to the same username on Reddit, and I'll get you on our Slack.rogerver Founder Posts: 1556 Joined: Thu Sep 10, 2015 6:55 am Re: Monero Price Speculation Thread Thanks for joining the forum here!I'll see if I can make some time for Slack in the near future.Since this is a price speculation thread, here are my thoughts at 2AM on a Monday morning in Tokyo.From what I have read so far, Monero has MUCH better privacy than Bitcoin at the moment, and its scalability is comparable to Bitcoin's.At the very least Monero has much much more room to grow before it starts bumping into any scaling issues.

(Bitcoin has already hit its scaling limit for the moment with the current dev team.Not for technical reasons, but for social ones)Anyhow, as I write this, the market cap is about $100M USD, but there is very little real business being done in Monero yet, so nearly all of that value is speculation.(My own included)Supposedly next month some Dark Net markets will start using Monero.The new Exodus GUI wallet is coming out soon.Shapeshift.io already supports Monero.I suspect that the more traction Shapeshift gets, the more traction Monero will get along with it.A $500M to $1B USD market cap for Monero in the next few months doesn't seem unreasonable with these things going on.Price increases will drive further development of services using Monero, that will lead to further price increases.It will be a self fulfilling cycle until we bump up against scaling issues.So my wild guess: $500M to $1B USD market cap by the end of the year, even with very few actual use cases at the moment.What do other people think?

/topic7039.html teek Posts: 3 Joined: Sun Aug 28, 2016 6:05 pm Re: Monero Price Speculation Thread $500M to $1B USD market cap by the end of the yearI think this is not as far fetched as some people may be thinking at this moment.I was thinking that number last week before this latest round of madness started.There are very few crypto's with any actual use.We know that ETH is very powerful, but is it even really "used" yet?Well, we saw the DAO and we know how that turned out.bitcoin lawyer london(Hi ETC ) I am sure there are a bunch of proof of concept's running on ETH but i think it got to where it is basically on speculation alone, and a great deal of the speculators have really no idea how to leverage it, they are waiting on the benevolent dictator to lead the way and basically riding the hype train.report bitcoin mining income

There has been very little hype around xmr until very recently, but the difference is that xmr is not a swiss army knife, it does one thing really well, it's a fungible currency, and that's all it needs to be.Any "hype" surrounding that is legitimate, and all you need to do is spend an afternoon (or maybe a few days) and really wrap your head around it and put your hands on it to see it for what it is.The same thing many of us did with bitcoin years ago, it was always easy for us to see bitcoins immediate value proposition, even when it wasn't so clear for some of us in the early days.comprar usando bitcoinSure bitcoin is more than just a currency, but most people really need to think outside the box to see it as other things.litecoin exchange rate historyThat's the reason i think why alot of it's other use cases haven't really took off (yet, and why eth will be slow to as well).ethereum out of gas

XMR isn't really as much of a brain exercise, once you wrap your head around it, it just is what it is, and what it is is very valuable, and can be used _today_ and looks like it's actually _going_ to be used today.That to me says even now it's undervalued.I also see it's property as a store of value to be very strong, which begs the question, unless your intention is to completely remove your capital from the crypto world, why sell?Architect Posts: 1 Joined: Sun Aug 28, 2016 8:03 pm Re: Monero Price Speculation Thread My belief is that XMR could reach anywhere between 0.2 and 2 by the end of this year.The demand will be extremely high (due to AlphaBay, Oasis & other DNMs) and the supply is relatively low.This could be insane, as some of these people that are about to buy in are going to be spending 100s or 1000s of at a time.I also recommend investing in XMR's little brother - AEON.ethereum the economist

TommyEconomics Posts: 5 Joined: Sun Aug 28, 2016 8:06 pm Re: Monero Price Speculation Thread Hey Roger, taking a look at the big picture, as I posted on my twitter, we are seeing a shift from Bitcoin to "Altcoins."You'll notice this by looking at Bitcoin's # of transactions per day.I used to think we would be knocking hard on the ceiling, thus forcing a hard fork, but now it's apparent to me that rather than fight the limit, a lot of users (and their money), are simply flowing to altcoins.bitcoin gun auctionI think, and hope, that Bitcoin will have a hard fork--- but right now, the money is strongly flowing to Altcoins, we are seeing this right now in Monero.As far as price projections, one thing to note is the insane volume that is occurring in Monero right now.irs bitcoin is not currencyWith currently $44M in 24h volume, we are hitting the levels of volume that carried Ethereum to a $1 billion+ market cap.buy bitcoin for ukash

Monero has an amazing "killer application" serving as the most functionally anonymous cryptocurrency with 4k+ users (in which more users are very important for it's mixing to be effective).Dark markets have sales of around $1-5 billion per year, and many of these markets may chose to keep their earnings in Monero, thus I see a bright future for Monero.I agree with you that $1B+ market cap is very reachable, it's hard to say exactly when, it depends on the market temperament, but currently, the market is very bullish./watch?v=4rwvcsA760EBest,Tommy Last edited by TommyEconomics on Sun Aug 28, 2016 8:21 pm, edited 2 times in total.teek Posts: 3 Joined: Sun Aug 28, 2016 6:05 pm Re: Monero Price Speculation Thread My belief is that XMR could reach anywhere between 0.2 and 2 by the end of this year.A real break of 0.05 and all hell would break loose.. into unprecedented territory.. BitcoinNewsMagazine Nickel Bitcoiner Posts: 191 Joined: Thu Sep 24, 2015 5:03 pm Re: Monero Price Speculation Thread My belief is that XMR could reach anywhere between 0.2 and 2 by the end of this year.A real break of 0.05 and all hell would break loose.. into unprecedented territory..Expect .01 to be tested before Monero rises to .05.

Bitcoin has had wild swings why should Monero be any different?TommyEconomics Posts: 5 Joined: Sun Aug 28, 2016 8:06 pm Re: Monero Price Speculation Thread My belief is that XMR could reach anywhere between 0.2 and 2 by the end of this year.A real break of 0.05 and all hell would break loose.. into unprecedented territory..Expect .01 to be tested before Monero rises to .05.Bitcoin has had wild swings why should Monero be any different?I don't know about that.With the buying pressure the way it is right now, it would be very hard to see .01 ($44 million of volume on a $105 million market cap, with the market pushing upward).Of course if market temperament changes you could be right, but as it is right now, it's very difficult to see it going down to .01 (perhaps unless an enormous whale dumps, which is unlikely).As far as comparing to Bitcoin, Bitcoin doesn't have near this level of volume relative to its market cap, a decent comparison perhaps would be comparing Monero right now to Bitcoin in Nov 2013 (though as you can see the action in Monero now is way stronger than Bitcoin's action then).

Dafar Posts: 8 Joined: Fri Nov 06, 2015 5:47 pm Re: Monero Price Speculation Thread Expect .01 to be tested before Monero rises to .05.With the buying pressure the way it is right now, it would be very hard to see .01 ($44 million of volume on a $105 million market cap, with the market pushing upward).Of course if market temperament changes you could be right, but as it is right now, it's very difficult to see it going down to .01 (perhaps unless an enormous whale dumps, which is unlikely).As far as comparing to Bitcoin, Bitcoin doesn't have near this level of volume relative to its market cap, a decent comparison perhaps would be comparing Monero right now to Bitcoin in Nov 2013 (though as you can see the action in Monero now is way stronger than Bitcoin's action then).I see this volume shift happen quite often-- the times when most action is seen in the alt coin space while bitcoin stays quite, and after the alts calm down bitcoin gains the headlights again.And I'm usually left thingking... why the f*ck did I exchange my precious bitcoin to an alt that I jumped into over hype!

There's always a hot new alt (ltc, vert, flux, drk, eth) , but the end of the day these alt coins end up becoming shitcoins and bitcoin remains bitcoin.Although, I agree with mr.ver's price speculation.. I could see $500M market cap happening over the next few months.This is an alt that will actually be used and the DNM is a great place to start.Once the DNMs start using XMR and once it gains traction is there any reason for them to use ?I doesn't seem like it.So for that I put in 10% of my btc stash at 0.009 and 0.0140... hope I don't regret it, but right now I don't see why 0.02 and 0.03 won't be achievable this year.I find it worse when I see an opportunity, don't take the risk and regretting it over taking a risk and losing Myagui Global Moderator Posts: 18 Joined: Sun Sep 20, 2015 12:53 am Re: Monero Price Speculation Thread $500M to $1B USD market cap by the end of the yearI see $500M as somewhat inevitable, assuming the current course (I am certainly biased though).The top of my speculation scale, I'd move north of $1B USD market cap, perhaps $2B, mostly because I would expect that there's a strong psychological effect coming into play if Monero approaches Eth's market cap and if it shows consistent/regular volume to crown it the 2nd spot (with Bitcoin still sitting right at the top).In my mind, that 2nd spot is only possible if indeed there is actual usage.

I don't see that speculation alone could drive Monero into such a market cap (of $1B+ USD).Usage is certainly within reach now, so let's see.bitkilo Global Moderator Posts: 2089 Joined: Sat Sep 26, 2015 4:08 am Re: Monero Price Speculation Thread ./The Bitcoin StoreJust click the QR code to your right, for donations, .thank you.rogerver Founder Posts: 1556 Joined: Thu Sep 10, 2015 6:55 am Re: Monero Price Speculation Thread /topic7039.html Spanx Posts: 1 Joined: Mon Aug 29, 2016 7:04 am Re: Monero Price Speculation Thread /exchange#btc_xmrPoloniex still the main XMR exchange, I use https://cryptowat.ch/poloniex/xmrbtc but its basically like watching polo.There is also #monero-markets on freenode where some discuss price movements.Shoot me a PM with your email here, or to the same username on Reddit, and I'll get you on our Slack.Van you add me to Slack please? needmoney90 Posts: 2 Joined: Sun Aug 28, 2016 6:42 pm Re: Monero Price Speculation Thread Poloniex still the main XMR exchange, I use https://cryptowat.ch/poloniex/xmrbtc but its basically like watching polo.There is also #monero-markets on freenode where some discuss price movements.

Sent rogerver Founder Posts: 1556 Joined: Thu Sep 10, 2015 6:55 am Re: Monero Price Speculation Thread /monero-rising-dark-markets-matter/I wonder if first Ethereum, and now Monero gaining traction will make the Bitcoin small blockers realize that Bitcoin is far from guaranteed of having the top spot in the crypto universe.Looks like we also made it into Bloomberg too!/news/articles/2016-08-29/new-digital-currency-spikes-after-giving-criminals-more-secrecy /topic7039.html iFixBTCmemoryIssues Gold Bitcoiner Posts: 2683 Joined: Tue Nov 24, 2015 9:03 pm Re: Monero Price Speculation Thread Bitcoin has been running so half assed under the current team of for profit developers, it's no wonder blockchains such as Monero gain traction so quickly.I am for as many markets and businesses we can have, cheers to all If you are running a version of Bitcoin Core, stop using it.Upgrade to Bitcoin Unlimited or Classic immediately.Fix Your Unconfirmed Transaction.Vote for the future of our Bitcoin network!

lethos3 Nickel Bitcoiner Posts: 51 Joined: Fri Jul 08, 2016 9:49 pm Re: Monero Price Speculation Thread /science/20160829 ... tions.htmlWorld is awakening to Monero, this was a really fair article, fluffypony got quoted and XMRs very important 'view key' feature is explained.BitcoinNewsMagazine Nickel Bitcoiner Posts: 191 Joined: Thu Sep 24, 2015 5:03 pm Re: Monero Price Speculation Thread Last edited by BitcoinNewsMagazine on Mon Aug 29, 2016 9:21 pm, edited 1 time in total.Dafar Posts: 8 Joined: Fri Nov 06, 2015 5:47 pm Re: Monero Price Speculation Thread /monero-rising-dark-markets-matter/Looks like we also made it into Bloomberg too!You all pro-monero and anti-bitcoin now?I agree, there will be a devastating crash, but until Sept 1st everyone is riding the hype train and whales will find it easier to manipulate the price up than try to reverse the trend..02 by Sept 1st is highly likely.... then people will realize that XMR isnt being used nearly as much as they hyped it up to be and then comes the flash crash / 50% retrace BitcoinNewsMagazine Nickel Bitcoiner Posts: 191 Joined: Thu Sep 24, 2015 5:03 pm Re: Monero Price Speculation Thread /monero-rising-dark-markets-matter/Looks like we also made it into Bloomberg too!

.02 by Sept 1st is highly likely.... then people will realize that XMR isnt being used nearly as much as they hyped it up to be and then comes the flash crash / 50% retraceSorry for the typo original post corrected.I expect a correction to .01 to .012.It will be unexpected but traders will already have bids in to pick up cheap Monero.I do not see Monero advancing to .02 until long past Sept 1. rogerver Founder Posts: 1556 Joined: Thu Sep 10, 2015 6:55 am Re: Monero Price Speculation Thread We?I bought some Monero a few weeks ago specifically due to my frustration with Bitcoin not being allowed to scale.I'm not anti-Bitcoin in any way, but the current team of Core developers don't seem to feel any urgency at all.I suspect the management at Friendster and Myspace didn't feel any urgency either./topic7039.html Blazin8888 Nickel Bitcoiner Posts: 23 Joined: Tue Jun 28, 2016 8:21 pm Re: Monero Price Speculation Thread Glad to now be a member here.

Much better interface than Bitcointalk, they gave me a 14 day ban for posting too much on this subject.Have been watching for years.//Business/AC/Bitc ... u-bans-adsTo me, its clear the advantages XMR has over for day to day cash.One example I like as a non technical person, is the ability to have the option to remember a "seed phrase" in your memory or write it down and put it in a safe.Bitcoin only allows you to have a un-encrypted key file ready to be stolen.- I see as a digital gold like asset.It was the first digital coin that sparked the "digital gold rush"...in some way.With XMR I also have the option of using a .keys file however if it is stolen, the file is encrypted!I see these minor things as great benefits for a cash system.There are other great benefits to XMR as well.I dont think we need to necessarily choose one system over the other or one will die.I think both will complement each other in some way.iFixBTCmemoryIssues Gold Bitcoiner Posts: 2683 Joined: Tue Nov 24, 2015 9:03 pm Re: Monero Price Speculation Thread Glad to now be a member here.