The fall in prices is very large, when compared with the leading cryptocurrencies. I think BTX is undervalued. But we need to wait for the rise of the entire market, one BTX will not be able to make a breakthrough.
Well, if the alts market is still falling, then the level of electrical energy costs will soon be in cheap regions. But BTX is not profitable at all, why mine and sell it, this question has been tormenting me for more than a month.
For the ordinary users with electricity cost above 0.1$ per kWh GPU mining already nonprofitable. So current situation is very similar the later 2014 and 2015 year in cryptomining.
About the question: "why someone mine and sell BTX now?" Unfortunatelly we can't see the whole picture. It could be that early BTX miners-investors sell because of they practically reach non-loss level. It also could be private BTX miner with better hashrate. Or smth else. Who knows...