And no, I don't think "a fungible currency like XMR is useless".
Okay, I'll bite. What do you think would be the difference between XMR and "a fungible currency like XMR?"
XMR doesn't respect its potential users. With all this focus on back end and sloooow front end development xmr risks becoming a dev platform for other coins who take users seriously.
I'm also curious to see if fluffyponzi sunk this ship with his little stunt (at this point in crypto, traders are most definitely users). Near-future price action will probably give an answer to that. Fingers crossed.
I was not someone who looked at FP's "troll" announcement as wise or even funny. That said, it is what it is, and maybe I am just one of the ones who did not "get it".
But I have no idea why you are acting like Monero's descent against BTC has anything to do with that, or is even speculatively significant beyond the question of whether one should risk being out of alts in general to ride the BTC wave. After all Monero has not fared any worse in this market than other alts. Better than many. Looks to me like many are down ~50% right now as compared to BTC.
Monero is down a lot too... but its price in USD holds pretty firmly between $45-50 right now.
I'd say if it breaks under .010 significantly it will be more related to BTC approaching 5kUSD than FP's troll.
This little screenshot tells a story if you ask me:
