Think back everyone to all the similar hype around Vertcoin, that reached dizzy heights and came crashing down. Has it recovered yet? nope it hasn't, if your a bagholder from 60k upwards then your going to be one for a very long time. No matter how much you hype this up now, your not going to create a massive rise, only whales can do that and 99.9% of you all here are not one.
Yes Vertcoin has thousands of new coins mined and being dumped on the market everyday.
As explained in this topic, Blackcoin has no proof of work coins to be dumped by miners for profit. The only real dumping occurs from speculators and eventually they run out of profit to take and if the demand is still there then the price rises. I've seen it happen 7/8 times since way down at 600 satoshis.
The last dump this brutal we recovered from it in a week (75% drop in value, 1500 BTC traded).