Ok, the miners are dumping but who is buying?
Who are the morons? The miners making instant profit, or the buyers investing in a plummeting coin?
Make no mistake, I'm a miner and I would love to sell my coins at a much higher price!
But I'm afraid to hold assets on a coin loosing 30% value per day.
Am I a moron? Maybe...
This is what has happened to every coin. Only fools would hold.