Methinks XMR might (and probably will) "rise [like a] chikun" (as was chanted in the btc-e trollbox) like LTC ran from $1.11 to $48.48 in fall of 2013. This will likely accelerate as BTC finishes the bottoming pattern and begins its next rally to $3-$10k BTC/USD. XMR will be a greater "chikun" than LTC especially once GUI arrives and it grows widely adopted & utilized.
How confident are you? As confident as you were in June 2011 when you were similarly bullish on BTC?
https://bt.irlbtc.com/view/12156.msg169759#msg169759Are you currently putting all your money into bitcoin? If you say this, you show you believe it by your actions. I am putting all my money into bitcoin - I see a possibility of $50-$100+ per coin this year. Just think, once the "bankers" and hedge funds find out about this, we are going to the moon. Once my bitcoins are $1,000+ I will be able to pay off my growing college loans and maybe get an apartment, and my first car
Great prediction and action in 2011.
Lets hope your XMR prediction comes true as well
One interesting thing about XMR is that it seems to have a relatively high percentage of BTC early adopters in the community including those who own few of any other alts rpietila.
It seems like the longer people have been around and the more educated they are the more they like Monero
No other anonymous currency in existence today has received as much attention from BTC core devs and early adopters. Probably because they realize the coinjoin based competition is not serious enough to warrant much attention
Nice find, and yes, good calls zhalox!
Those of us around in 2011 have seen this movie before. We recognize the smell of nascent fundamental disruption on the cusp of breaking into the mainstream. We are positively giddy to have an unheard of second chance to scoop up trainloads of The Next Bitcoin
TM for under a dollar. Absent a ride back to 2010 in the TARDIS, cheap XMR is the next best thing. Perhaps even better...
The deep background here is that most of us assumed mixing and other forms of obfuscation would suffice to anonymize Bitcoin and render it fungible (at the social level, of course all BTC are fungible in the protocol).
Upon learning this hope was a pipe dream, and chastising ourselves for being duped into accepting obscurity as a valid form of security, the race began for a 'dark' version of Bitcon. Darkcoin benefited greatly in the fallout, despite it being a fraud at the implementation level and pure crap in the technical.
XMR was the breath of fresh air we'd been waiting for. Finally, the next stage of Szaboshi's Master Plan To Free The Universe was here, now! Yay. The game was, once again, afoot (with Babylon on the defensive, and now more than ever at a profound, fundamental disadvantage as XMR enables defections previously impossible with BTC alone).
