Privacy is a big deal. What's the price for the best private and fungible blockchain based money going to be in the next couple of years? I think the potential for appreciation is dramatic. Log Term Long.
A sharp decline due to bad news competition from grin, gov't regs, bad press? could be...
Followed by market realization that Monero is a superior MONEY. The specifics of the technology is less important that a design for sound money!
According to this chart the bottom is in.
2019 will be a sideways year of accumulation and slower growth relative to 2017 but with a greater upward trajectory as compared to 2018.
In 2020 the block reward halving and continued interest from institutional investors will have us break out of 20k resistance into new uncharted waters.
Fears that Turkey’s Lira crisis will drag down the currencies of emerging markets, compounded by falling global oil prices, pushed the Colombian peso to trade at $3,050 to the U.S dollar on Wednesday, and level not seen since June 2017. There is a potential for a breakout above 3500cop into the 4k-5k range.