I'm pleased to see my prediction come true so soon, despite no GUI. That the two largest dark markets are now looking into integrating monero is fantastic. If there was any event that really got bitcoin into mainstream media it was Silk Road. I don't think the effect on Monero will be the same as media has already spun that story. But it seems to me the darknet market is quite large (e.g 100k subs on reddit), so usage in itself could bring us a lot of new users, and a higher price. But more importantly we will probably see a great influx of volume and that makes monero better for everyone, even without price increases.

These news alone makes me incredible bullish, without even taking into consideration that RingCT is also coming up, which will make the anonymity of monero godly.

Every single one who bought and held monero since September 11th 2014 is now in profit. The major resistance is broken. People buying in today will likely have a higher target for selling, so I think we can easily continue from here to 500k+ XMR. I dare not predict where this will top out.

Also, due to the 1000 XMR withdraw limit on poloniex it can be time consuming to withdraw larger amounts. I've written a simple script that let's you withdraw tens of thousands of XMR super quick. https://github.com/TheKoziTwo/poloniex-mass-withdraw

As a side note, I have begun market making in bitsquare and will continue for the next weeks to increase bids/asks. The trading there has started to pick up, and I encourage everyone to try it out. An anonymous crypto needs a way to exchange with full privacy. With bitsquare there is no id requirements and connections are routed through Tor. As a bonus you don't risk your funds with a third party. It can now even be installed on raspberry pi, so it is cheap to keep an instance running 24/7.

Do you think Monero will rise to 1000 usd/xmr? How realistic you guys see it reaching 1000 usd (assuming btc is more or less the same as today)?

Probable price Monero possible within 0.015-0.02

Crossposted:

I compiled and checked out the GUI and I gotta say I'm really disappointed. It's nothing more than another wrapper. One more vector of attack not plugged. This GUI is no better than the 3rd party ones.

https://bt.irlbtc.com/view/583449.msg15986646#msg15986646

I am a thorough-going Bayesian, so I think the posterior is conditioned on the prior.  My priors favor a scenario in which $25 XMR is the central estimate for 2018 average.  Past 2018 there are too many conditional factors of unknown distribution to provide credible intervals for inference, so I prefer not to make estimates past that point, but if a $25 average, or higher, were realized in 2018, then it would seem less unlikely than you suggest.  Until then, I can't or won't say.

How?

Probably the most likely scenario would be better technology replacing XMR, or simply something like zcash that is better marketed and becomes mass adopted while XMR stagnates into nothing.

Do you think they dont have better work to do?  Like save the white whales or polar bears or something.

At the moment Zcash is mostly hot air with some serious design flaws.

The problem is the XMR community boiling in bullishness. The fall could be near