You might regret selling now if it hits Cryptsy today, tomorrow, or whenever "soon".
This coin only goes down, it is a great coin but it only moves down, never up. I think the reason it is going down is a lot of us miners are deciding to dump our coins to help defray the cost of mining because it looks like it is never going to be on cryptsy. If it doesn't get listed on Cryptsy within 12 hours I am dumping all my coins I have mined since day 1. I have watched this thing fall from 800 to 200, enuogh is enough. Too bad since it looks to be one of the best new coins out there.
Not to be an ass about it (well maybe a little bit) but if you have to dump everything at whatever low price you can get to defray your mining costs, your mining operation isn't on a sound footing to start with, and you might want to re-think what you're doing.
Do you know how stupid that sounds??? Not to sound like an ass, (well maybe a little bit) So if you mine a coin for a week and see the coin having troubles and price dropping so you decide to liquidate to recoup mining costs, how does that have anything to do with overall operation. A smart man moves on to more profitable coins. Just like a real world business, if a certain part of it is losing money the business may get rid of the losing part and do something else, IT HAS NO BEARING ON BEING ON STABLE FOOTING TO START WITH, THAT IS HOW A BUSINESS STAYS ON SOUND FOOTING IS TO DUMP LOSING AREAS AND WORK IN THE PROFITABLE ONES. What person in their right mind (and I am assuming your not by your response) would keep on a course that will run their business into the red?
When you factor in the high cost of setting up a mining rig (4-5k usd), you can't afford to wait around in this volatile market. Get what you can. You can't afford to speculate. "not being on sound footing". That's pretty ridiculous. Makes no sense. Most miners don't mine to hold. Miners get market value for it. It's up to others to speculate. Hasn't it alwasy been like this? Miners assume less risks; but less reward. Investors assume high risks; but high reward.