I will admit that I didnt check the price today before making that post and it really only applied to what had been going on with the price bouncing between 4500 and 3500.  The diff being below 2 and price what it is today means more than just multipools are driving it down.  This hasnt been the case up until within the last couple days but it does seem like people are beginning to panic and get out. This is too bad because it just triggers more people to panic and get out and eventually the people that hold out are left with nothing.

It really does all stem from impatience though. You guys have seen the roadmap and all the things planned starting with the month of March but you are freaking out and leaving before the time has even come.  At least give the dev a chance to follow through.  Making something go from nothing to something takes people believing in it when everyone else doesn't.  If you just follow the herd and get in and out when everyone else does the most any crypto coin will be good for is the 8 to 10 dollars per MH per day.

I recall a time where BTC was at $32 and everyone thought it was peaked.  People started dumping which caused everyone else to start dumping and it fell from $32 down to $2.  So many people wrote it off.

The truth is, all of this is speculation.  What makes it succeed or not is whether people believe in it or not.  One thing is for sure, there are more followers than leaders in this world.  All it takes is for people to not freak out and leave, because when they do, so do all the followers.

I do understand there is a difference between being a follower and just knowing when to cut your losses.  I just dont think that time has come for coino. People are bailing too early.