Market is recovering like one step at a time, a steady and imo sustainable recovery is on process right now. (which is better than one day booms)
You are right, better would be, if thousands of buyers slowly drive the prise up, this would be more stable.
At least it's not dropping anymore, I don't know what or who caused it. It's a tough job for crypto to attract thousands of buyers, at least for the time being. We need more quality projects for that, something like eHealth, but in various areas, not just healthcare.
The thing that scares people away is that huge amount of FUD news we got during the last couple of weeks/months. In this environment it's indeed hard to attract new investors. People still don't see the huge potential of the blockchain technology yet and where it can be of use.
crypto is not dead yet. people started to talk about it again here and there.
last time in 2013/14 crypto went into hiatus for 2 years, but this time around, crypto became so mainstream, it cant be get rid of it anymore
Yeah, I am not saying it is dead. But with all that bad news about cryptocurrencies we got, it's just normal that no new people want to get involved in cryptos.