ech.. i was happy all day when i didnt see any dumps, and price rising to 76k , and now i see that some fool dumped at 67k again.. how long it can continues.. very sad to see at it
wednesday could come faster and do the end to the dumps..
you know guys, the market has been really boring lately. The problem is due because no new money is getting into the market as we speak and until the trend is reversed you can probably expect all cryptos to stay this way. Volume on Bittrex was around 2k BTC per day not so long ago now it's often between 800-1200 BTC and it keeps dropping.
That is why blocknet is so important for XC. Crypto currencies have to do everything they can to market themselves to the general population by bringing services to them that are competitive and unique using the blockchain. Coins/Tokens like Storj have been doing well lately because they will have a day to day working product sooner than BC for instance.
We are still really early in the process and I was listening to Andreas Antopolous yesterday and he was saying that this universe is going to expand 3x quicker than the internet as there is no infrastructure needed and he was comparing the current state to the internet of 1992. It's still very early in the game.
The outcome imo is also going to be VERY binary, you will either lose everything or be set for life so you have to bet only the money you can afford to lose and try to bet on the winning horse and there is no doubt in my mind that XC is going to outperform the masses. This coin is ran like a business and it's thinking 1-2 step ahead of the masses.
I just hope that Dan has enough to survive 2-3 years because it might take this long before real return on investment is reached :/.