You are viewing a single comment's thread from:
RE: MONERO (XMR) Update: Head & Shoulders...Top or Bottom?
Agree with btc dependency. Even with strong btc monero holding up fine. The jump wud be when btc starts going down. How will monero price reflect if btc falls to 2500 hypothetically?
We're all going to find out together. I believe there will be a mass Exodus into other coins, but only briefly, then everyone will lose their gall and pull out.....just what I think. I don't think we're ready to make another child yet, so we pull out and wait for the next cycle. Then I think people outside of the crypto world will take notice again, and it will be known that profits are to be had at that time. I believe that is when secondary coins will be fertilized and really bloom into the new market to compete with the all mighty first son, BITCOIN!!!!!