Because of price ETC going down doesn't mean it is dead, in my opinion it is just fluctuating and it is normal. Today is time for buy ETC hold until price going up again. But that is my way of trading ETC.
That is logical way of thinking, ETC also has a lot of support with the community and the market to handle the sells.
But Logic does not fit the agenda of fudsters
ETC is fine, right now there is more sellers than buyers and the reversal will occur after DTHs get their ETC which might not be that big of a drop if any for the ETC price when it occurs given that most DTHs are disgruntled with ETH and Dao after being played for suckers. The real sell offs have likely already occurred as an anticipation for this. We'll just have to wait and see when the WHGs finally release the hostage they tried to smuggle through the borders of Polo.
Exaggerations on markets goes both ways and ETC will go through the same cycles as other markets. Every new case tends to be slightly different but in a nut shell rather similar.
The real sell off has not started yet for the ETC. The hacker has 3% of the total ETC to sell.
The Etheruem Foundation also has a lot to sell.