So there have been some pretty serious exits from BTCD in the last day, two ~5k dumps. Nobody concerned by this or the 25% loss of value?
I think there's still more big BTCD holders who couldn't exit due to shortage on liquidity in BTCD.
10K BTCD is less than 1 % of total BTCD supply and I don't think that is a serious exit in a coin with 1M market cap.
If you go to Bittrex Beta, you can see top 50 BTCD holders (in Bittrex).
https://beta.bittrex.com/Market/Index?MarketName=BTC-BTCDThere was a wallet with little more than 10K which is gone by now and I think that's who exited few days ago.
And 25% loss of value is not that meaningful as major trade took place on pretty much usual price range (around 0.004).
I just hope that usual daily trading volume for BTCD stays at 20 BTC so that quitters can quit and new comers can join without worrying / being bothered about their entry/exit.
Anyway, quitters will keep quitting while devs will keep developing and when both are done, I believe that price will soar higher.