well...it was a wild ride...now it's just the baggers picking the bones off the average miners holdings...pump, manipulate...then leave when they've squeezed every last etc out and traded it for btc. Miners, you realize you are now just either selling your hard mined coins at flea market prices or mining to support 'their' coin value..all the while mining to support their 'blockchain'....because the blockchain IS basically centralized in the hands of a few thousand people. It's THEIR blockchain. In a week, maybe two...they will jump off to another coin...leaving miners with electric bills and equipment used that made the baggers more wealthy....while we return to cryptonews to scavage for new releases...
     I realized how this all worked when I saw whales buying their own sells (playing both sides to pump the price). When you have 100-200 btc, you can set up a sell that is high, then buy it yourself....lol...people watching are like 'wow!....look at the buys and the volume...lol...all just manipulated by two or three whales on each exchange. I saw walls on both sells and buys that were so obviously set up to manipulate price and motives of small holders...it was amusing to watch to some extent...they repeat this cycle until the coin is essential gone, until miners hold enough, then they repeat the strategy...I believe this is why some coins are moving to be backed by actual physical things like gold and silver...to create a price to value ratio that is not just completely arbitrary...