That was exactly my point, and why I got out of this crap.

I lost .4BTC by selling but look it just keeps dropping, and with an extra million added to the supply it will just fail.

Gluedog fucked the reputation of this coin up a few months back, I wish I had sold then, but he reassured me all would be fine, hes full of crap, and just just wants to milk a bit more out us suckers