Brutal couple of weeks for Monero, has virtually been left behind on the run up.
Maybe now its rid of the forks it can make some moves.
Monero has a bit of a tradition of being more stable during both alt bulls and alt bears.
Until it decides to take a quantum leap.
At least this is the way things have gone for XMR in the past.
It's pretty common to feel like you are missing out on the party when you hold Monero. Monero throws it's own parties.
Still one of my favourite posts in this thread:
It's not about HW wallets or anything, XMR is being price suppressed because big players are accumulating it big time. As someone said smart money is well aware of monero and they want to keep it as much as they can for themselves until inflation is low and they can mark the price way up
Didn't you guys notice we always are the last to pump ? its because pump happen in hierarchical orders, first you get the shittest of the the shitcoins with the wierd names like GROESTLECOIN and so on, then you got noob coins and strange coins and semi good coins, and when smart money has taken dumb money for as much as they can they pump XMR because they need to store their accumulated wealth somewhere, and whats the better place than monero?
Next year, we'll be at 4% inflation, this is bitcoin level now, and then quickly we'll be under bitcoin yearly inflation... this will be the time to mark up the price BIG TIME, I'm talking BTC current level
This is a slow play, this is like poker when you got quad aces and you want to take as much as you can from the noobs, you take your time, you let dumb money bids and buy DRAGONCHAIN and then you put your profit back into XMR.
RINSE and REPEAT until we're at 2-3% inflation and price is above 10K and doesn't come back.