The BTC chart is a tad disappointing, I really thought we'd bottomed at 0063.
0055 is a bit 'ouch', but the fundamentals are still there, it's just it's all about Bitcoin right now. I think, like others perhaps, that it's a great buy right now, but I can't bear to spend BTC just now to take advantage.
As I said previously I think we need to wait until spring to see a decent run again. There were good signs of life in October, we will see them again in Feb/March. As always at times like these, HODL.
It is also about Greyscale, XRP and XLM pulling down the alts really hard too. It's beautiful from a maximalist perspective.
But as you said the fundamentals are there. We just saw one of the most meaningful things happen for Monero on a fundamental level, and it's crickets all the way around. Even we are yawning about it. But Monero is the only payment source at the worlds largest online crypto only marketplace that is not an exchange/casino. They ONLY ACCEPT MONERO. They have a customer base of a half million, and a third of them are "active" (whatever that means).
I mean... this will not ultra-significantly change the usage levels, since it was virtually Monero only already, but this is really a bit of sleeper news. It is a significant shift in the whole virtual currency realm.
Have you guys noticed? Monero has the odd penchant for having some really bullish news come during overall market downturns. I kind of wonder if that crazy spike we saw a few weeks ago was insiders thinking they were gonna get in before the pump? I dunno, maybe I am overestimating the impact... Thoughts?
