New wallet causing such a rise today?
I honestly believe this rise is not based on any specific announcement. Unlike other coins we are not relying on checkpoints to create pumps. We are just hard at work at improving our infrastructure and organically building the community. We are seeing an upward trend over time because of that.
This. Going this route might take years before we get back to the ATH for the coin... but instead of a bunch of bagholders and/or people profiting off bagholders - we'll have decent, yet moderate, returns for holders/traders and exits for those that need to buy things (kinda like a currency actually).
Although I'm cautiously optimistic, I'll need to see several more weeks before I'm ready to buy back in with most of my BTC. I'm happy with my holdings, and would like to accumulate some more - but we've had some serious dumps and drama before... and likely will again before everything is smooth sailing (if that's even possible in crypto).
As of now however, I'm back to nothing but BC/BTC in my portfolio... latest XMR recovery allowed me to unload my bags. Now just need to cost-average buys in BC over the next 6 months so I don't get caught in another spike.
Can of course happen again and again, since the people at hashtalk keep cheering as they are served broken things with massive delays
