I,m quite sure the main reason for the resent drop in the price of Supercoin was directly caused by the thread started labelled -
supercoin is fundamentally broken
Stated in the thread is
"this thread was started because you have idiots in your community that picked a stupid fight against the XC community (which is 10x larger than Super's) and spread FUD about our coin and this thread was more of a retaliation."
When this thread was most active, the price started dropping hard, which shows that some people believed instantly what was said there. Which shows how easily people can be caused to sell off through being scared that something was wrong.
For others it has been a great buying opportunity.
There is no need to be insecure about this coin. Just look at what is being accomplished. And as with any altcoin only put into it what you can afford to lose as all altcoins are a high risk. And with high risk, it can also equal high reward.
Supercoin has much to offer, and like I have said before I expect all this trading to look like a flat line on future exchange graphs.
The anonymous decentralization, and the speed is of great importance, as the tech becomes more understood, and if all goes well as it seems to be then the sky is literally the limit.
I mean this coin is trading for 1 or 2 cents each. Think about it.
XC has a big fud team, they tried nasty ways against supercoin, because someone pointed out their claims of multisig is not true and praised supercoin tech (they actually never saw their own XC multisig address before - see
https://bitcointalk.org/index.php?topic=742025.0). supercoin dev team is not related to this at all.
The unfortunate thing is that the fuds seem working, and many people don't understand the technologies believed their fuds. But truth is truth, people will understand the value and this new multisig technology and how significant it is.