Using the auto sell at cryptsy is driving the price of coins lower, I did advise people to look at this option but now I think it is a bad idea.
I don't think Middlecoin sells at the highest bid price, I think the pool OP sells coins at a percentage above that, which is at least going to raise the price and not bottom out coins. I know the BTC price has been rising and so the price of alts has dropped, but surely miners should have some say in the price they are selling their goods at and not just sell it to the highest bidder no matter the price. If everyone keeps dumping their coins this way, there aren't going to be many profitable coins left to dig for surely.