The real reason why prices vary so much is because liquidity for Zeit is LOW on all markets. It wouldn't take much to crash the markets. 10M zeit is all it takes to clear out the cryptopia market on the bid side. It is only possible for the price to drop from 440 to 142 BECAUSE there are so few buyers on the bid side. A real market shouldn't gyrate +/- 20% percent just on the sale of 15 Million Zeit (esp when we have over 30 BILLION coins floating around).
With such low liquidity on the markets that we ARE on, is it any wonder that prices went the way it did? You couldn't buy a BUDGET LAPTOP with Zeit without the store crashing the prices 60% because they need to get LTC and then convert that LTC to cash to buy more wholesale laptops in fiat. If all it takes is 2 BTC worth of volume to crash prices, then I'm sorry, but we need more liquidity. Big question is, who's willing to provide it? And at what sustainable prices?
And then there's the issue that we're going to encounter major resistance from 10 to 17 satoshi level, which was our previous high from the mintpal days.
And again, look at other coins. ALL other coins besides BTC suffered from LTC dump, not just Zeitcoin. We just moved with the market.
Liquidity is more of a concern to sellers than buyers. Buyers will naturally migrate to the market with the lowest price at the moment they wish to buy...as ever the lowest price is at craptsy. Currently Zeit is 28% cheaper at craptsy than at either of the BTC markets. The lowest price is ALWAYS at craptsy, because that market is being held down by a bot. Coincidentally or not so coincidentally that's also the market that sets the price of ZeitCoin and the other markets follow. The only good thing about the fake price action at craptsy is that the spreads are artificially kept low.
Craptsy is again malfunctioning btw, there's a bid and ask posted at the same price point. Their software has done this regularly for months...if not years. It's really a very poorly run exchange.