What will the price be when MMM comes into Monero?

maybe he meant WMM

Why monero matters

I cannot say much at this time because I don't want to give signal as to what my "wealth management empire" is doing. Everything I have said concerning the principles is fully in force, of course 

IMHO, XMR is the perfect diversification vehicle. I don't own anything else (apart from BTC & XMR) as primary crypto-assets at the moment. XMR incorporates what BTC doesn't, which is a nice excuse for me when I see these prices to just dive in without much hesitation. Within 1y time it evolved much more than BTC did.

Bottom line, I'd advise you to buy "as much as you don't blame yourself if it goes 1:1 with the BTC, and as much as you don't care if it goes to zero".

@Risto:
We figured out that much...

Here's what I was wondering today.  
  
After watching the famous video about the awful wealth inequality in the United States:  
https://youtu.be/QPKKQnijnsM  
  
I started wondering: is it the wealth inequality that's the problem or the velocity of the wealth inequality?  The rich aren't just getting richer; they are getting richer faster and all new money that is being created is funnelled to their coffers.  Since the new money that is being created never stops, there is never time for any of this money (or incentive) to slosh down to the lower classes, either in the form of high taxes or economic development.
  
Let's say we had the exact same situation as the U.S. Dollar today bundled up in Monero (in reality it might even be worse considering that half of all Monero is already mined:)  
  
 
  
Now what would happen if there were a tight limit on how many new US Dollars could be created a year?  What other government policies might influence the "slosh" of money in a system?  Money reflects a social liquid that is exchanged between humans, and the big problems only happen when the faucet is turned on and left on.  Do you think wealth inequality would *stay* bad or would slowly grow more idea as time went on in a currency with very limited inflation?  Is the nature of Monero: equal access, privacy, and strict limits on creation going to automatically solve the run away debt and inflation problems that we are facing currently?

You can't be sure. It could be translated differently: "We are not buying a single Monero until the price is 0.001. Everything I have said concerning the principles is fully in force, of course, so after that we'll continue accumulating as much as we could  "

It may solve those problems, but wealth inequality is a fact of nature and not a problem. Also it does grow worse unless and at the same time:
- there is plenty of inflation
- the monetary system is based on wealth and not debt.

Currently we lack the latter, and in the future perhaps the former.

I'm not afraid to say it - I've been buying all the way down.

Trying to predict the price of Monero is coming down to predicting the timing of the release of the 0.9 tagged binaries. The recent market behaviour is very indicative of this. After the first deadline for a code freeze of September 15, 2015 https://forum.getmonero.org/4/academic-and-technical/303/a-formal-approach-towards-better-hard-fork-management passed with no news the market started to go down. On September 17, 2015 we were at 0.00227, by September 29, 2015 the low of 0.00131 was reached. We are now at 0.00147 after the second deadline for a code release of October 15, 2015 has passed.

Edit: The recent selling pressure can easily be attributed to market participants reaching the conclusion that this project is simply not able to make a tagged release.