The reason Waves is not mooning is a lack of demand. One is bidding lower and lower, nothing to do with amount of buying, its about valuation.
What is the cause of this decreased demand and valuation?
Let me start... a total disrespect towards loyal community. Examples are overpromising and not keeping promises. WRT ambassadors are fucked by promising 1wrt=1wave l, now its 0.01cent per wrt or something. Hyping up VST, multiple exchanges, lots of enterprises and governmental entities building on Vostok, but sold all in once, wham. Not even a promised 1,60$ minimal for public sale, because the promised sale didnt went through. A dillusional CEO tweeting out his arse waves should be worth intrensic 20-30$ and meanwhile the coin is trading around 1$ A CEO farting a tweet waves should be top 3, later top 5 cmc, and the coin is freefalling in cmc, around 68 atm.
Marketing, which marketing? As promised, but surprise... nearly any marketing.
Transparency regarding disclosure how ico funds was put to use, again, no transparency.
And NXT holders are still waiting for their money. Dont get me started on that, can be read here:
https://bitcointalk.org/index.php?topic=5198937.0;allDont even start about how communit managers, like admins on TG, use their power to enslave censorship. Every direct question, or something which is seen as critique will be deleted. A ban will be the final result. Thats not how to run a serious discussion Almost if they are afraid of something.
Ofcourse Mr Ivanov himself is banning most critiques at twitfer, even when admins at TG suggest to post the question on twitter.
So, in a nutshell. You still wonder why waves price is tanking? Why most enterprises chooses other chains, why the investors arent interested anymore? I have lots of examples.
Lots of screenshots to back things. Ask, and I will post.