Consolidation is good. The pullback from 800 to 600 is good imo. The notion of it going to a dollar or anything resembling that in the near future is absurd. It's not a 2.4 billion dollar company even by crypto standards. Before it gets there it's going to have generate some actual revenues. Transactions will be small when the network begins to run. There are a lot of problems that still have to be solved that are independent of Safex. They are attempting to tackle existing real world problems that exist in today's real world efforts for fluid marketplaces. In order to make the system seamless and trustworthy from a transactional standpoint, is no small task.

That said, I'm a total holder because, if you look under the hood, this platform is quite proprietary and has already addressed some seemingly intractable issues. I believe it to be both a good long and relatively short term investment. I can not offer up any experiential observations on trading the coin. Whether or not the market agrees in the coming months with what coin owners might envision is ultimately immaterial. Value surfaces over time and it is an eventuality. Unless someone needs the money to get their guitar out of hock, don't rely on the marketplace to understand your needs in a timely manner.

Please don't feed the trolls. One of them, I think the handle is bitgenius, is fudding in here and at the same time, recommending Safex as a buy in other threads. There are plenty of idiots willing to shamelessly embarrass themselves. All for a few dollars or to stop you from realizing some. Even in the Safex forum, not the slack, there are people doing the same. One said it will go back to 180-200 after the wallet is announced but he doesn't care because he bought in the market when it was 8 satoshis. Safex was never 8 satoshis in the open market or elsewhere.

By the way, Bittrex stated that there were no orders filled at 9000 or 10000 or whatever the claims were. It was a glitch on their end when the new logo was inserted. The highest quoted order was a few days ago at 925 if memory serves me. Just thought I'd give you all the heads up.

I wish everyone a peaceful journey and success in their investments; whatever they might be.

Cheers