For the record I really really want BTS to rise in price but I know what phase we are in. We are in a crypto recession where money is leaving crypto in general. Money which remains is consolidating around projects which are edgey or which threaten the status quo (like Darkcoin) or just flowing straight to Bitcoin due to the fact that Bitcoin seems to be centralizing the whole industry.
Bitshares devs have to keep innovating, keep building, keep improving the software to maintain any possible advantage over Ethereum, NXT, Maidsafe, Omni/Factom, Counterparty.
Competition in the industry is now as fierce as it was when there were several search engines like Yahoo, Excite, Dogpile but no Google. Bitcoin isn't the Google of the industry but it wants to be. Bitcoin isn't naturally scalable but with developer effort it will be and the marketing effort and fact that Bitcoin is becoming synonymous with all Bitcash is going to make for interesting times.
I think when the crypto recession is over Bitshares will rise very quickly. We've seen it happen before in 2013 so we know how quickly the tide can turn and how fast millions or even billions of dollars can flow in our direction.
what is wrong with the market
We are in a crypto recession. When no new money is flowing into the ecosystem every community starts to consolidate itself. So now when new products launch people tend to sell their BTS to buy into those new projects. It's the need to diversify which makes people sell BTS.
Also BTS is centralizing around some really huge holders. This means these huge holders can sell the price down for way less than what most of us paid to get BTS. If you look at the peak of PTS and how much you donated in $ value to get the BTS you have it's more than the $ value of the BTS you currently hold unless you were smart enough to buy BitUSD and hold it all this time.
The people who have lots of BTS or who held BitUSD this whole time can now diversify by selling large amounts of BTS to buy into Ethereum, Maidsafe, Darkcoin, or Bitcoin if it looks like Bitcoin is going to rise.
This happens partially because BTS doesn't have BitEther, BitSafecoin, BitDarkcoin etc. It doesn't have that because there isn't enough liquidity to create it. So as a result people have to buy the real thing rather than trading on the BTS internal market.