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 nows, 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.
At last...someone saying it as it is. Great to hear from you Darlidada, been a long time. We used to chat on IRC a few years ago as we were both very early monero adopters (mainly thanks to aminorex and risto) (new bcttalk acc as i got hacked)..hope your still hodling? Been the best investment i have made, monero has changed my life completely.
completely agree with your post, traders are gonna trade shitcoins with one motive - to increase their buying power for more monero. It is a cycle we see again and again. and everytime when monero takes a breather we hear posts saying its because of lack of marketing...ha ha.