Well isn't it more probable that multi pools use Eur USD as their point of reference to making profits.
Maybe project hybrid also contributes to this I don't know the exact workings of the project maybe George can elaborate on this.
The other thing is the people who normally buy their NLG at bittrex and thus creating buy support well most of them bought dev shares.
Project Hybrid buys only Gulden from the market.. On the last item you are probably right, the buy support of the community is lower because of the dev shares. But nevertheless it's obvious that someone is manipulating the market. Every time the BTC price is rising a few percent you can see that the NLG/BTC price is falling with the same percentage.
The price will be depressed until Prime is being worked on. That is what we all want to see... MaNI unleashed, no one in crypto look forward to wallet updates. Bring us crypto innovation and the market will change direction regardless of btc price. People were expecting Prime for a long time but wallet projects are in the way but it looks like Prime is next unless another wallet update come.