If Monero had the same market cap as Dogecoin..
By - XMR_MartyByrde
Yes xmr is definitely a top 3 crypto currency. I used to be exposed with 20% but now I am 100%. The opportunity is too good to miss it. This crypto currency will shock the world. Xmr should already be at $2k - $5k if it was not for heavy price manipulation and lack of visibility and accesibility for new comers
FUTURE ME WILL BE SO PROUD OF ME IF THIS IS TRUE
\> Call me a moon boy but I think it is only a matter of time before this happens.
Yeah, I've been thinking the same for the last 4 years
Are you still bullish ?
That’s the real question
It will happen, I ain't selling any of my XMR or either similar coins like RAIL etc.
When I sunk a chunk into xmr I first made a chart of the size of the Blockchain each month (this was before that crucial update a couple years ago that made the transaction sizes smaller) In order to see the curve of how fast the use was growing.
I'd be interested to see the comparison of growth *rate* (The curve not the number of transactions) vs doge over the last two years. I predict the monero curve is steeper. I also predict that you see hardly any increase in the steepness of the doge curve following Elon's tweets.
In other words the important thing is how fast the adoption and use is growing, not the price.
I’d love to see some graphs or information on the Monero blockchain size. Most people don’t even consider size of transactions and potential bloating of a blockchain, but it should be of major concern when a chain grows exponentially, like Ethereum did with cryptokitties.
Speaking of which, do decoy addresses add lots of extra data to the chain?
nah, especially once triptych is finished. after triptych tx-size to decoy-count will scale logarithmically.
in my opinion xmr is already better prepared for mainstream use,than most other coins, especially thanks to the dynamic block-size
I see it exactly like this and can't wait for the dynamic block size to finally kick in to see it in action!
Do you have a link to this? I follow Raoul Pal and he mentions this often, how network effect proceeds price and he measures that by checking transactions, number of addresses and community. needless to say he is bullish on Eth for these reasons.
Me too. ETH+BCH+XMR ftw, for the same reasons. They all have huge dev communities, and are most often offered as payment options.
There's no link. I just did it on Excel the time. Just check the dates on the blocks. Make a column of months. Make the second column the block numbers that were produced first on the corresponding date in the first column. Chart it.
Since 2008 I'm waiting for the stock market collapse... Maybe this collapse that will come triggers the xmr price up
You waiting for the stock market to collapse since the last stock market crash? Huh? There was a crash in March 2020, pretty decent one.
The stock market will not crash, of course there could be a (short) bear market, but the stock market is going up only, that's programmed into the system. It basically have to grow all the time, that how the system works, otherwise it's not stable. And you absolutely don't want to have this system getting unstable in a fast pace (collapse), because many people will die and neither Gold or Monero will save you.
Would be good if you had a system that could predict XMR performances :D
I've been using this crystal ball that works about half of the time.
want to exchange crystal balls?
Soon as people start cashing out public coins after the next ATH, and have to pay crazy taxes. It will explode. So will distributed exchanges.
>it doesn't have a public celebrity.
And what about our self-murdered Jesus Christ: **John McAffe**?
So we are all Team Weirdo.
Well then most of the world is a shithole, because "Weirdos" are often the nicest people in a society and the ones introducing positive change and innovation.
The possibility to be "different" but respected is crucial for a free society and for the society to evolve.
Right now weirdos are the people that know the truth before everyone else. Once people wake up to how much they are being tracked and taxed, there will be a world migration to XMR. When you’ll say you sent someone money, it’ll just be the shorthand word for Monero.
Bernie Arnault is richer than Bezos now
Make an effigy of him from your hair and toenail clippings and put it outside his house!
Just don’t tell Elizabeth Warren about Monero. Or Janet Yellen. Or Gary Gensler. We don’t want them to know. Haha.
I feel like Jack Dorsey might get on board
I personally believe a bigger factor is simply the lack of visibility and availability of XMR on major exchanges. Normies but what they can see pumping, and if they hear about XMR but it isn’t available on their exchange of choice they won’t buy it.
Never bought this argument as it’s alwYs been listed on the biggest exchange, binance.
XMR SCRT ZEC are my top 3 privacy coins. SCRT provides space for programmable privacy i n smart contracts
Look up zano, mining rewards are good, private, both pow and pos so very safe against attacks made by the cryptonote founder wich is what monero is a fork of, still at around 24mil market cap very lowkey at the moment
Sounds good. Does it have privacy preserving smart contract features like SCRT?
SCRT can be Monero-Killer if the smart contracts actually work. It can eat into Monero's main market on the dark web.
SCRT smart contracts are actually working and lots of projects are getting built
Without smart contracts it won’t have the utility to go that high.
Doge smart contracts? Btc smart contracts?
Both are shit. Bitcoin outdated af, and doge… won’t waste time on that.
Doge shit yes Bitcoin okay buddy.
Bitcoin isn’t outdated? Besides first mover advantage and being household name, the utility is not there. Defi is where it’s at these days. If Tari gets released and has solid development on the smart contracts, it’ll be good news for XMR.
Btc and xmr do not need smart contracts, imo btc Is the new gold or blue chip stock. Saying Bitcoin is outdated is like saying dms are outdated - they both do what they claim to do on the tin and they’re both exponentially growing regardless
Ooh couple that with atomic swaps - first transactions took place on main net couple days ago. Vectors for xmr Liquidity are opening due to demand, with or without CEXs
Smart contracts =/= defi tho - you don’t think the Monero network is decentralised finance? Anyone with a cpu can run a node and mine xmr, it’s extremely decentralised
No, I get that. But monero doesn’t earn me more monero by just holding it. Defi does that. So holding monero is just dependent on price action to make money, whereas defi you earn % regardless of price action.
Ah okay yes I do see your point, although I avoid such things as I’m unwilling to relinquish ownership of my private keys.
Then again having the choice to stake some of my portfolio would be nice.
Being fungible put it top three on my list.
Start memeing then! Doge owns the largest market share of yolo/edgelord/lolz people. XMR currently isn't in that market because its too sensical.
WOW this is the confirmation bias i needed
Lol. These posts always crack me up.