But here in the SPECULATION thread I do not see much speculation as to what this means price wise for Monero. I can't really figure it out myself. So many moving parts... So far there's been a little drop in price. I imagine Jihan want's to revenge sell... and he might have a warchest to do that with, though I doubt he kept more than he sold. Then there are the forks. Not a direct relationship, but related at least.
What do you guys think. Way less hashpower hitting the network, yet so much more decentralized. Web miners suddenly more profitable.
I think ASIC resistance is a positive thing for the project... but what does this do to the price?
It is hard to fight the overall negative trend the crypto markets, especially for a coin like XMR which is very much a true
crypto currency, and not some ICO project that is claiming to revolutionize online dating/storage/dentists/etc. For XMR, if money is flowing out of crypto we're probably losing value. Perhaps we decline less.