Feels more like a game of chicken to me. But however you wanna look at it.
There is a bit of a that as well. All I am saying is when devs create these coins they need to configure the reward so there is not millions of coins flooding the market at once. So when there is dumping it is minimal and doesn't drive the price down into oblivion.
The price is being driven down to what it should be. It's been posted throughout this thread that people shouldn't be buying before the first halving and people did anyway. You are witnessing a dump coupled with natural inflation. There is nothing nefarious about this.
The first halving ended hours ago and many people like myself did wait, the dumps continued well after the halving. I do not care about the current price and I think you are missing my point. People quickly lose confidence in a coin when the value drops significantly over the span of only a few hours. Both miners and investors are important to the life cycle of a coin.