i think that exchange is dumping... their stake, if had some way to stop it.
What exchange are you talking about?
Anyway the interest will drop to 8% in about 1 month and this will cut off from the Inflation's inflation (to say so).
This can be translated to 2 things:
1) the price will start to rise as there will be less coins forged by PoS.
2) the price will go down further as people will loose interest as they will not get as much coins as they were used to.
If we won't make some noise, make some promotions (marketing) about this project and bring new people in, i think the 2nd option is more plausible, unfortunately.
i think all exchanges does that, stake what people deposited there, some exchanges gives the stake to the owners but a few ones.
i agree, those 2 things can happen, actually the option 2 is happening now, coin is worth 12 litoshi... darkstar said something about a animation and about something to happen on next year, but no buzz after that... just a deadly silent. in the worst case we can get delisted from the only good exchange we have, cryptopia.
If price dropping its not worlds end, its just how coin ownership is remade, some people sell some buy, i actually have nice buy orders on 6-7 litoshi, if someone is stupid enough to sell that cheap im happy to buy them up. And with dev just have a patience, he will develop coin by his own tempo and his own strategy, if he decides to dop a coin there are plenty people around who are ready to pick it up and develop futher.