Don't know why you would bring up a Known Scam group such as KNCminer to try to prove some point. You people need to do your market research to see what happened to the Floor as bigtime miners dug under it and caused it to collapse. Also making a 'Market floor' is highly illegal in commodity trading so we could not make a floor. There were big dumps on the exchanges of XPY at the start which caused the rapid price drop. This should not happen as often now as the coin is mineable through POS only now. Having the POW stage last as long as it did and not limiting the amount of hashrate was a mistake as I beleave there were big mining co. that used there power to mine XPY and cause a huge XPY serge to cause a price drop. This action of purposeful abuse and illegal market manipulation by the BTC community as they felt threatened by XPY being a better long term alternative and we as a community beleave it is still the better long term option as the Current upcomeing crash of BTC is showing it multiple weaknesses.
That was a post by Josh Garza on KnC forums, and it is directly relevant to the "point".
"bigtime miners" may have owned merely ~300k XPY out of ~12.3+ million, i.e. less than 3%. The rest of your post is full of contradictions as well. So was the promised floor illegal or not? Was GAW's attempt to manipulate the market with the floor illegal or not? How does it now become "illegal market manipulation by the BTC community"? I know these are all popular myths on HT but when you put them all together they don't sound any more credible. If you have sources to back it all up, please do.