fact is nearly all coins are in a downtrend, and fact is nxt, counterparty, mastercoin, ethereum, bitcoin foundation, etc. are struggling as much if not more than we are.. fact is everyone in crypto have underestimated the cost associated with revolutionizing finance. fact is if we all go up again to 150 million, bitshares devs would be making $10k a month. fact is there is a good chance the whole space, bitcoin included, is in its deceptive phase. fact is even at this price things are getting done that wouldn't have been without the delegate system. fact is most of the vc cash flowing into this space is going to solutions that break with honest principles, and they will suffer from centralized control down the line, just like gox did, just like ripple did, just like the bitcoin foundation did. fact is most people don't "get it" yet, and they won't until there is a new bubble, and by then we are ready with a decentralized, sound economically viable system.
almost my own thoughts. We need now to lay the bricks and mortar to be prepared if someone needs an alternative.
be prepared when the world is ready for the alternative.[/font]
I'm not sure you can blame the bear market for our poor performance since the merger.
Since the Merger on November 5th, the top alts have gained an average of 68% vs. BTC
DRK - UP 225%
XRP - UP 180%
STR - UP 125%
MAID - UP 45%
LTC - DOWN 35%
NXT -DOWN 25%
DGC - DOWN 20%
PAYCOIN - Did not exist
BitShares is the worst performer in the top 10 and has lost
55-65% in BTC terms since the merger.
(Since dilution became a serious reality obviously the numbers for BitShares are even worse and we’re down 70-75% vs. BTC)
Bitcoin itself is down less 25% during that time.