My opinion about the price drop:
The pool was mining scrypt coins (litecoin/doge.. w/e), the devs put their own hashing power in the pool to make it look like there are lots of miners since they get the ltc/doge anyway + get the midascoins which later gets dumped on the market (double profit).
* I've contacted coinsource -
http://www.coinssource.com/ticket