Why is everybody taking such a huge dump on MP and CYC? Exchanges don't kill coins......people do.
I've been mining this coin from the beginning and have never had any serious issues. The DEV-team is solid and the idea behind this coin is, I think, very well thought through.
It's only logical that such a stable and solid coin is dumped as soon as it hits another big market from wich every dumb fool believes will make the price skyrocket.
Bagholders can sell at a huge price knowing they can rebuy there coins at 50% because such a solid coin will defenitely rebound.
Who wouldn't do that?
This is a non-regulated market and therefore free to manipulation by bagholders and whales.
If you are not familiar with this coin and are just along for a quick buck, you have invested in something of wich you know nothing of. So don't come crying to the DEV or MP when you lose.