Thank YOU.  Coming from you, I consider that high praise!

Two really good points you make below make me feel better:


Thanks!

I placed bids last night thinking it was possible to sell any acquired for a profit and thereby average down at least a bit.  Well a couple of my bids were filled below freezing.  The price has just spiked to ~300 but once more I find that my sell button is broken.

If you itch to sell, sell brokencoin bitcoin for XMR.  Instant gratification 

Expect a dump this week back to 0.015

Some trading advice: once everyone 'knows something', look out.  As one of the few people to make a little bit on an ETH short (last time it fell from 0.03 to 0.022), at the time of shorting everyone in the world thought it was a damn fool move - ETH was invincible and could only go up.  
  
Now Monero-land is filled with true-believers holding long-and-strong spot; not a lot of euphoria around here - merely a quiet resolve and patience.  That is fine.  In fact, if you mention XMR or Monero in most forums (/biz/ or the troll box) you get met with some confusion and skepticism.  That is also fine.  
  
But there will come a time when Monero can only go up.  When we pierce new price levels so quickly that people's heads are spinning and they are rushing to margin long as fast as possible to capture the XMR train that 'only goes up'.  You will see multiple XMR threads onbiz/ and people will consider dropping out of college to pursue a 'career in crypto trading' based soely on their XMR trading gains.  It will be a euphoric dash.  
  
That's when you, even as a long term hodl'er, should start to get nervous.  Long term I do believe that XMR goes to $1000+ (unlike ETH, which I have my doubts on), but nothing moves in a straight line.  Luckily, 300k satoshi is nothing compared to what's coming - I'm convinced of it.  We will look back on page 700-something and laugh.  This topic will go to 1500+ pages, and then 2000+ pages in the span of a couple of months.  You will hear the phrase "new paradigm" used in conjunction with Monero for the first time.  
  
And that's when you should get fearful.  I've seen this before, and I'm getting better at recognizing it.  But that's much later in the book - until then enjoy the conclusion to the first act.  

With glasses you look better

So the price of XMR is now 300k Satoshi, marketcap of 12 million. Stll pretty low, for a coin like XMR. x10 easily from here, but in how many time?

I don't know about 10x, but Dash's market cap is approximately 3x ours... which seems absurd that Dash would be more highly valued.  Our GUI release is speculated within a few months, by which time I would expect this discrepancy to be corrected.  Do not trade on my advice, but I personally am expecting $5 Monero by 3rd quarter of 2016.  That seems reasonable, IMHO.

How many BTC would you like to have owned for $14?

1000?  10,000?  100,000?  You are not alone.



To be clear, XMR currently stands alone with BTC and ETH as the only Szaboshi-endorsed cryptos available for retail consumption.

Short and FUD trash like Maid and Dash.  Don't hate on the legit stuff.

ETH is doing a lot of heavy lifting for XMR...