The price falls and falls and falls. What is the problem ?
If you didn't notice, Everything is falling except Bitcoin. It'll be like this for probably a week or as long as Bitcoin keeps rising.
That doesnt make sense, waves is not a competitor to bitcoin. Waves has all its founds in bitcoin probably still more than 20k btc so an increase in bitcoin should in theory increase waves value. So that waves has increase this much more than BTC is more certainly a bad thing.
I think the downtrend is mostly due to the fast increase it has made this year, a 10 fold increase at the moment. At its peak (7$) it had an almost 30 fold increase. This is due to correct it self, people who invested at ~0.25$ will for sure sell a bunch when their investment has increase 10-30 fold, would be stupid not to cash out some of the investment. Another possible reason is what another poster said, people are selling altcoins to get their fare share of bitcoin cash.
Waves is still a good investment and i keep investing monthly, i will just hold since i believe in this project. Now they even added ETH to the dex, that is super cool! When we have v1.0 of the dex that is probably when waves price will have another huge increase, they just have to get rid of the bugs and improve GUI. Also, imagine when private individuals starts to crowd buy stuff they couldnt afford them selves, like a yacht, summer house, apartment, all types of real estate, a farm. I just hope the waves team are competent enough, last time i checked they just had one front end programmer (one person for such a huge project, that is insane, im sure he is really good, BUT what will happen if he quits/goes on to vacation/becomes sick).
View these price falls and corrections as an opportunity to invest more, rule nr1, buy when everyone else is selling (such a simple rule, yet few people really follow it). Im picking up much altcoins i didnt have money to buy in on a few months ago. The big waves is yet to come.