Bid side collapsed hard, volume too. market seems exhausted. where do we go?
Yea.. forum activity and participation of prominent members also on the decline.
I think there is overall disappointment that the database and GUI, which were just around the corner two months ago are still not here. I guess the majority of investors are in the red, which doesn't add much to the enthusiasm..
I started developing a service based on XMR, but put it on hold until I see clear signs that things are going in the right direction.
I think it's the fear hanging around (see McHaggis' reply), not what you've stated above. The devs never gave a timeline for these things. So basicly that can't lead to disappointment.
Yes I guess the fear is also contributing to the situation, today is the 12th, which is the final deadline BCX gave, we'll see how the market behaves tomorrow.. My assumption is that many sold due to the threat, but will not be in a hurry to buy back in when the threat is gone due to the reasons I stated above. The fact that they didn't give a timeline does not mean there was no expectation, just go over the various threads, and see how many people asked about the DB & GUI, I'm pretty sure there is disappointment. I remember that ItsAboutSharing stated that he is not buying the dips because of the absence of GUI. I didn't sell anything, but also not increasing my stash due to this. The developers have clearly shown their ability to handle crisis, which is great. But they haven't shown their ability to deliver substantial core features yet.