Bagholders (like me) wont dump coins.
They allready lost everything due to these prices.
They'll wait it out. Dumping smc now is useless
what's the problem with multipools dumping on cryptsy? - it's generating activity and volume and that's good.
which multipool would mine SMC at this point? Just wondering, because it's one of the least profitable coins right now. Multipools only mine the most profitable coin, and then dump them, so I think SMC is safe from that.
Can't agree with you, try to set buy order for (let's say) 100k SMC on Cryptsy below 170 sat. I bet you will wait 2-3 hours and someone will start selling at this price with small packs 64-128 smc's. I know what I'm writing because I've done it twice last week.
Yes I noticed that too, I think it is someone pretending to be a solo miner. I say pretending because such sales were happening at Cryptsy when we were in maintenance mode. There were no withdrawals or deposits during this time but the 32, 64, 128 etc sales continued. Someone is using a bot to dump SMC at block reward multiples instead of in a big chunk.
there's someone with a nice chunk of hash on updamoon.com mining.