I'm a permabull, but starting to feel like an ATH again this year is unlikely. (in BTC or fiat terms).
Painful market right now...
i have the exact same feeling. Long time HODLer and i wanted to sell some at 1000 usd , i dont know if i should be realistic and sell some at a lower usd rate
or just wait
. But i dont have the feeling we will go higher then 500. I expect a lot of Bulletproofs ... thats just huge , but with the comming hardfork and ledger
integration, the price does not really move up ...
It is hard to predict what will happen with price half year from now. Can be new ATH or not.
Bulletproofs will not do much on short term, their main impact will be to slow down increasing of the blockchain size. So they will have impact in years to come.
Updates in this upgrade are huge. Most important is probably multisig support.
Some highlights of this major release are:
tweaked PoW to block DoS attacks from ASICs
added input ordering to prevent wallet inference
increased minimum ring size from 5 to 7
subaddress support added, with addresses starting with a prefix of 8
added multisig support
added support for SunOS / Solaris
initial support for Ledger Nano S hardware wallet
added seed encryption by password
securely erase keys from memory, for most cases, when no longer in use
initial Bulletproofs implementation live on testnet
added accounts, tags, and labels, via subaddresses
added initial, quite rough support for 0MQ
added some mitigations for privacy-threatening key reusing forks
added a new network, stagenet, which mirrors mainnet's features
added SSL support for light wallet API
added CORS support to the RPC stack
added a --generate-from-spend-key flag to the CLI wallet
added a --disable-dns-checkpoints flag to the daemon
massive improvements to build hardening
added native fuzz testing for user input
added the ability to limit inbound connections
enabled "fluffy blocks" by default
added a --max-txpool-size mempool size limit flag
allow a remote node to temporarily process RPC requests during IBD
added a relay_tx command to the RPC wallet
allow for spend key retrieval via RPC wallet call
made libraries use position independent code
improvements made to Docker image
added a sweep_single command to the CLI wallet
made RPC error codes more specific
improved stack trace printing, and noted stack trace lib in output
split and refactored wallet_api from wallet code
added priority arguments to sweep_all and donate CLI wallet commands
added a --do-not-relay option to the CLI wallet
made the hashchain unit tests work again
added tests for subaddress expansion
added RingCT performance tests
added package installation instructions for Void Linux
made changes to ensure no sensitive data is logged accidentally
added a Croatian mnemonic word list
added a Lojban mnemonic word list
added a Swedish CLI translation
added stoffu's GPG key to the source code
added an timeoue for connections which don't complete a handshake
moved test building to the end of the CMake build process
as always, loads of bug fixes and performance improvements