The Monstreous Massive Mad Monero Month May (be) 2017

You like it when people explain things to you! 

+1. ETH (and derivatives) have a hard year ahead of them hardening their use cases and coming to the realisation that Turing completeness on what amounts to a distributed vm is way too vulnerable. A lot of soul searching in that camp for 2017.
Ripple I see as essentially a digital postage stamp. LTC hmmm. Not sure. Bit like Mark Twain this one eg rumours about its death are somewhat exaggerated. Im reading that segwit is coming to ltc soon(tm). Anyhow it may show some innovation and potentially some growth. Plus of course the big C likes it.
So yeah good potential for an exceptional year for xmr it seems. Happy New Year!

Ripple was 100% premine IIRC
ETH Pre-mine scam
ETC The real ETH chain still premined

That really only leaves 2.


U2! Good year ahead I think. I need to catch up to you guys, I'm a year behind now. DOH

Yes the investment has been rising for a quite bit.
Here is the lesson for all of you guys who are pondering wether to go all in Monero or not.
I bought initially at 0.004 on average, then the period of dumps occured (which is still present quite often). The lowest point Monero has been trading this year is 0.01356669 btc per coin on Poloniex.
Actually, it is even around 20 % higher than the highest point in 2014!!!! So, do not panic if you buy on the peak. Do not let the trolls to convince you to sell your coins when the price drops after a pump but keep buying. I was lucky enough to buy more.

Thing is that on 1st January 2016, finally binaries that was named 0.9 Hydrogen Helix come out. Basically everyone knew they will be out 3 months before that since was tested so long as anything in Monero.  Market did not react on it even once they were out, it did slowly with a delay.  ETH and latter I also remember Siacoin attracted way to much attention and made many blind to not see Monero.

I remember when I joined Poloniex trolbox on January 1st 2016 and said that Monero with Hydrogen Helix finally  started running and that everything in Monero will now take way less to get developed, people were laughing or ignoring me.

Most that are reading and posting here, bought Monero way before 1st January 2016 and paid much more then would at that point. But I am sure there are some lucky guys that did it at that time, when all was totally clear what is ahead of Monero.



Well beside that positive Hydrogen Helix, there was 3 negative things that was pushing Monero price down.

1. Ethereum and co in Spring of 2016  steal all atention
2. Bitcoin halving in Summer 2016, since everyone expected BTC rally and would buy Monero soon after BTC ATH.
3. ZCash start in Autumn 2016. Highly advertised Monero competitor.


With this 3 things not be there, Monero price would be way higher today.

I used to have some Moneros, but the Russians hacked them all in an unfortunate boating accident and now I have none. 

Damn those l33t Russians!

As I type....

It's the only major alt on Polo in the green (albeit just) in the 24 hours since before before BTC broke the 1000.

That is totally incredible.

Historical moment. Monero Marketcap for the first time over $200 millions