I agree there are a lot of bagholders just hoarding coins.Many on the exchanges who wont even stake them.
For someone like me who invests daily and usually day trades to invest 20 bitcoins in and sell out for example it's no easy task, XBC lacks equity for me and therefore it's too risky to ride unless I was to minimise my investment.
Sad times, good possibility not enough investors ...
People need to either stake or trade and sadly I can't won't win in its current position...
Excellent point made and I understand where you are coming from.People buy coins thinking they are an "investment" and sit back on their asses hoping it will moon so they can cash out their bags all the while never bothering to trade,stake or even use a wallet and then moan about the price when it dumps.
Lack of liquidity is an issue for larger traders who need reliabe exit and entry points to trade and lack of liquidity is something that is holding back vendors and service providers from taking on XBC.