It appears to be a bot on Cryptsy that automatically places smallish orders on both the sell and buy sides. If you put up a big buy or sell wall, it will almost always put up an order 1sat in front of it. If you sell or buy into its orders, it moves the orders on the opposite market side closer.
Looks like we lost our 3500 buy order. My orders all got eaten too.
If we don't establish a solid price base as a group soon, this coin is going to lose most of its hashrate.
At 3000sat, that's a pretty small market cap. There must be enough people that believe in the potential of nscrypt and specifically EXEcoin that we can stabilize the market value. If sellers (miners and holders) see a large enough buy wall, they are much more likely place higher sell orders instead of selling into the buy orders.
this bot has been pushing a price down and what i think it's happening is someone is aquiring huge amounts of exe, there is people watching these forums chatrooms and all, exe community is small but loud and i after all these crazy color coins and whatever is pumped today, once all that is over there will be time to pump and exploit a good and fair coin like exe (i really hope it won't cause pumps are dangerous and can kill a coin but my opinion someone is pushing price down and stacking up preparing for something big.I wish we had an explorer with rich list so i can check the history of fat wallets and their patterns to confirm it) also once people get sick of scams i hope they will turn to good and fair coins. i'm a huge supporter of exe since day 1 but a slow single card miner but i have been buying as much as i can , yesterday i got around 3k at 3650.
keep up the good work everyone