As seen in my previous post here in publish0x - Prologue - I will provide a series of detailed analytics about predictions made in bitcointalk.org speculation thread "The next 100x-1000x coin? " .
This is a nice experiments able to provide a complete outlook of specific period "ICO MANIA" during August and December 2017.
I decide to dedicate a full chapter of this journey just to talk about Monero (XMR).
Monero, Esperanto's word that means "Money", is an open source, peer-to-peer, crypto currency created in 2014, that use a mining algorithm called RandomX.
It has been designed to allow mining especially via CPU and disadvantage the use of graphics cards.
It's an interesting coin for the effort in privacy, greater than what has been seen so far with bitcoin.
This coin is focusing attention on user privacy through the obfuscation of the Blockchain, in which anyone can send transactions, but no external observer can observe the origin, destination or amount of a given transaction.
This ability to obscure the blockchain has made Monero very popular with users who want privacy measures and has become one of the major cryptocurrencies used in black markets.
Over the years, its value has increased considerably from 0.17 euro cents up to a maximum of 409 euro.
In this topic has been suggested 5 times.
4 of this predictions get a positive ROI between 44-78%, placed between Aug and Sept 2017.
The 1 of 5 suggested on the last part of 2017 has accrued a negative result with a loss of 46.6%!
Although the price in FIAT has strengthened from start of 2017 there has instead been a drastic drop in value compared to bitcoin, which has nullified speculative attitudes for those who bet on this crypto currency.
What happened to Btc?
Top 10 vs BTC
Top -90% loss
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