People are still snapping up the coins on cryptsy even though people are dumping billions of them, if only there was some way to get people to hold onto them for a while. Perhaps make a bank that gives a little interest or something... Just an idea. Maybe the interest can be funded by donations from the biggest IFC holders?
It was me dumping, I've dumped over 7 billion of them. It may seem counter intuitive, but I've been taking IFC in it's billions from weak hands, then dumping on market to stronger hands, in order to liquidise and stimulate the economy. I've only got 1b left now, which I'm keeping and going long on. If the price gets in to single digits then I'll repeat the process and buy a few billion more.
ps: the MEM on cryptsy thing is just wrong, I bought a wedge of them, then somebody else did a dump straight after
After that, the BTC/MEM charts were deleted from the site and MEM was devalued / demoted to the LTC market.
As far as I am aware, Cryptsy was the only exchange trading MEM at the time...