332 BTC volume today on poloniex but almost no price movement. It's hard to make a case that it will go lower at this point, there is just no meaningful liquidity (25-50+btc) on the ask side without pushing the price up 15%.
Shapeshift.io just added XMR support and it looks like the database is one step closer. Development wise it looks like there are good things on the horizon.
Shapeshift announcement:
https://twitter.com/ShapeShift_io/status/585570515139563521Pull request to merge database into master:
https://github.com/monero-project/bitmonero/pull/256Interesting. So BTC -> ShapeShift XMR -> XMR.to = completely anonymous payments using BTC?