Is it end this coin? Prcie only goes lower and lower...
Possibly. Now the miners are starting to dump. Whats on the exchanges isn't even a fraction of what's been mined and this trickle will turn into a bit of a torrent.
As I pointed out earlier in this thread, the natural value of this coin is possibly in the 100 satoshi region if that (0.00000100) when everybody's done dumping. 3.5 million mined coins are mined every month so I can see why people want to offload them now while these prices exist. (See:
https://bitcointalk.org/index.php?topic=419873.msg4864038#msg4864038). Once it reaches it's natural level and goes on an exchange, the price could rise from there, at which point it will be in competition with all other coins.
It's looking like a pump & dump IMO which will be history in 2 years time.
I think it depends on what the "inventors" do - if they find an investor and realise a marketing campaign successfully .. it will give the currency a real upmove ;-)
But at this time to say anything regarding the future of the coino is really to early...