2 da m00n or 2 da dungeon?
I think the price is still under the fear from BCX "attack". He comes on every few days and says he "still has time" ( it was 22 days....)
Until that threat is resolved either way we aren't moving much up or down.
I don't believe anyone with money to move the markets is waiting on that. Weak hands sold, strong hands held, new hands are buying. Business as usual. With a little less Monero-centric worldview you could see that Bitcoin and alts are fighting for their life, so a low price is just sympathy.
Maybe, but it doesnt take much to move monero back to the 4x area instead of the 3x that it has been since the threat.
True, other alts have been suffering as well but there have been some that have moved also the other direction.
I think the current price represents the amount of risk people are willing to take on this great coin although the threat is still in the air.
If BCX would come out and say he was wrong (no vulnerability or that he will now help the devs fix one) the price would jump back up in hours.