Yup. Where are the chartists who saw that coming? Which chart explained any of the recent dump? NONE. That's why TA etc are just dumb tools to dupe newbies (regardless of legitimacy of a coin). Overall this is coin has more slimeballs than even DASH and ETH combined. Normally I use crude language to go with this but it serves no purpose.
Just don't introduce anyone to XMR. BTC is the best one can do and that's what should be supported. Otherwise it's just dump a coin, come to this thread with a TA line to mock everyone, post negative sentiments when you want to buy, positive when you are ready to dump. Rinse, laugh and repeat.
Don't forget to post at what price you want to get back in. What price you want to sell right now. Everything out in the open, to steal from the guy posting before you in this very thread. Works everytime.
Bitcoin is a walking deadman. No one knows it yet.
Not sure what will take it's place but it will be worth less two years from now than it is today. It has both stagnant development (or development to benefit one primary company - not the protocol as a whole) and non functioning governance. First mover advantage can't compensate in this arena with those problems. Every year in crypto is like 20 in the real world.
Every other coin has it's problems. Monero has it's ridiculous emissions curve & larger blockchain (although as time goes on the latter is less of a problem). Ethereum has the massive presale which is effectively a 100% premine. ZCash will have a 20% tax and is effectively centralized at the development arm and if they don't change anything will inherit all of bitcoins problems (minus ASICs). IMO ETH, Monero and ZCash (when it's released) are the only things I'm interested in.
Despite the flaws of everything else - Dash is and always has been a joke.