It was said that there was a premine on block 1 to 7200. We never hid it, it's written in every ann, and our code is open source so it can be checked over there too.
We plan to have around 50 000 000 coins, so our premine represent 14% of the max total of the coin.
Moreover, it's our personnal fund which are used for the moment, and we'll never push the market down. It's not in the project interest, and not in our interest too.
It's your choice to trust us, you can do it or not. In the weeks to come, there will be some information that will prove that we are totally serious about this project.
Somebody is pushing down the market... It was $1.11 and suddenly someone "decided" to start selling 50% off....
Well, there is a low volume, so the price is really volatile right now, the price was at 7k only yesterday, so selling at 17k is already 150% for a trader. We can't do anything against this, that's the market law.
The more the project will grow, and the volume increase, the less the market will be volatile.