if XMR goes $80-100 I will literally be buying 5-figures worth... easiest long-term play ever at these prices. already began DCAing, but I am wary for further drops as you predict.
reasons for being bullish: community fundamentals are unrivalled, tail emission rate will reduce block reward from current ~4.5 XMR/block to a floor of ~0.3XMR long-term -- this will greatly reduce selling pressure from those who mine at a $0-cost-basis (malicious miners are theorized to be anywhere from 10-30% of the network and they all dump at market).
I would love to load up at these levels!
Sabibaby
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Monero sub $100 is a deal but below $50 is even better! This is a coin to accumulate, send to cold storage, and forget about for a few years. Bullet-Proofs are coming to Monero this year and hopefully Ledger Support will be fully integrated. Years down the road iKovri will be implemented for more privacy and Tari will be developed to compliment Monero supposedly too.
TraderT33
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@Sabibaby, kovri will have its alpha-release by endo of year.
Sabibaby
⋅
Monero sub $100 is a deal but below $50 is even better! This is a coin to accumulate, send to cold storage, and forget about for a few years. Bullet-Proofs are coming to Monero this year and hopefully Ledger Support will be fully integrated. Years down the road iKovri will be implemented for more privacy and Tari will be developed to compliment Monero supposedly too.
reasons for being bullish: community fundamentals are unrivalled, tail emission rate will reduce block reward from current ~4.5 XMR/block to a floor of ~0.3XMR long-term -- this will greatly reduce selling pressure from those who mine at a $0-cost-basis (malicious miners are theorized to be anywhere from 10-30% of the network and they all dump at market).
I would love to load up at these levels!