The Colombian peso has been making headlines lately. There are calls of Colombia to dollarize amidst some expert calls that the COP might be overvalued by as much as 30%. This chart is an update to my last year's chart that correctly forecasted the current price range in the usdcop pair.
According to this chart, continued dollar strength and a weak cop could see...
Many folks have been proclaiming that alts are dead.
Despite this current wave of sentiment one needs to consider the following:
1. Exchanges have incentive to list altcoins.
2. Users have incentive to buy altcoins
3. Miners have incentive to mine altcoins
Why is there merit to thinking that BTC dominance will rise to 100%? Seems unlikely.
In my opinion the...
According to this chart we are in the beginning of a long term impulsive bullish move. A move to $190 looks doable, crypto is a wild market indeed!
FYI GBTC has been the best performer in my brokerage account the last couple of years.
I've made wild predictions in the past about Monero. When it was worth pennies I made estimates of it's value reaching well over $1 into the $10 range. This absolutely happened.
I then speculated that Monero could further increase from $10 to over $100 given the tremendous updates and growing community making it the best form of Money anyone has seen. This...
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!