Seems to me that if someone was sitting on over 1 billion coins that they would want the price to rise, not crash. This is weird.
Y, I've been thinking about that too: original dev(s) who bailed?That is a possibility as well, I suppose. Having one of the exchanges that bailed earlier on consolidate all the coins into one wallet and then dumping seems very possible too. I just looked at Cryptopia's LTC/ZEIT pairing and in the last 12 hours there have been buys at anywhere from 46 - 50 litoshi... and still there is someone or some people who are selling at 40.
Someone is definitely trying to suppress us. And that's fine. We have bounced back from worse than this before.