This is just due to BTC price. The pother coins are tied to BTC at the moment, and when BTC moves big they freeze up momentarily as traders try to figure out the impact.
No, it's due to the recent Monero FUD, and Monero simply cannot maintain its high level of buy support any more to keep the price up. It's not that everyone's dumping, it's that nobody's buying. If no one's buying and Monero is still being mined, then there's too much downward pressure and very little upward pressure.
How, in that sense, do you think Monero will recover?
Clearly someone is buying or the price would simply drop to zero. So all that is required for the price to go up is a modest increase in buying interest. That could happen for any number of reasons, nothing special or dramatic is required.
really ?
ever heard of devs buying their own coins ? (Manipulating the markets)
funny you spout off sooooooooo much arguing and trying to be the know it all around here and i actually had to say that too you LOL
oh and it's funny of all topics in the general altcoin section the only ones you ever comment on are Monero topics where you are Shilling..
1. I'm not aware of any significant dev participation in Monero trading. We trade from time to time, both buying and selling but it isn't a major focus of any of ours, as far as I know. I've made no trades at all in at least a week or two.
2. I have no idea why you find it surprising I pay more attention to Monero threads,
since I'm part of the Monero core team. In your warped view I should spend (i.e. waste) my time looking at JackpotCoin or Max Coin instead instead of the coin I actually work on? WTF? And discussing != shilling, just FYI.
3. Thank you for all the attention you have brought to Monero. Keep up the good work!
