This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Got some big miners that just want some profit the only drawback to POW
Yes, many new POW coins are created every day and they must be sold to pay for electricity and make some profit.
Good days when coin was mined by coin supporters are gone.
There are miners who mine and sell and there are investors who buy and hold.
A POW coin constantly needs new investors to balance this out and that's why promotion is necessary.