it is a so profitable coin with CPU, i have mined it for some days
the price is droping. Why?
Just my guess based on what we've seen over the past few days and how the markets are treating different coins differently:
The market wants real programmers like DRK's Duffield and X11's Metcalf (he apparently has a serious linkedin profile) - not copy-paste "devs".
And for whatever reason, market considers MRO to be a more serious dev team than QCN's.
Have you guys even been watching what happened to MRO when it hit the exchange?
Huge run up to it's all time high then at the end of the 2nd day of being on the exchange it dropped from nearly 0.008 to 0.00275, then it made another rally.
Traders want to make profits. Once a coin reaches it's temporary max, the other way to profit it to unload everything and buy back at the bottom.
QCN isn't doing anything that MRO hasn't already done on Poloniex. Don't worry. Just buy.