I dont undestand this big dump...700 satoshi...
What´s problem with this coin?
Bad coin distribution, and it's limited to only two shitty exchanges with no volume. So when someone dumps there is not enough buy support. So price tanks.
Volumes are pretty good, like 2-3% of all coin in existence in a day. You need more, rly?
The problem is that GBT is in paradigm of ICO coin now. After Buterium rise we have tons of easy money and people who dont deserve them floating in the system. Now they are engaging with ICO PnDs loosing steam quickly. Since GBT was ICO project it falls into their reference system in which it is an extraordinary fail. SO they dumped and move to another projects. They are dead wrong obviously and at this prices GBT presents a great opportunity if devs deliver something.