I've been reading along for quite some time now and seeing how strongly some people push their views, projections and guesstimates, I can't shake the feeling they do this to influence the share price to their own good.

The argument has been brought forward, that "investors" were screwed over by releasing scryptx, then, as soon as "everyone" moved their funds over to it and away from PETA, cryptx "inflated" the share price of PETA, leaving former PETA investors out in the cold.

This, my friends, is bullshit.

Look at the PETA share price: it was on a slight uptick right before and shortly after the announcement of scryptx. There is no sign whatsoever that PETA holders sold significant numbers of shares to free capital for investing in scryptx. Also, scryptx ipo was not sold-out, reaffirming the observation that demand was not excessive and especially not driven by former PETA holders switching over.

Apart from this observation, people moving over from one project to the other on words notice can hardly be called investors. They are short term speculators. The difference is important:
long term investors care about long-term dividend yield, that is company profits. Long-term some and multiple years, although in the bitcoin business I am willing to accept a single year as long-term already. Investors do not care much about the share price, as long as they are confident that overall they will make a profit. Note that there is always two sources of profit for shareholders: dividend yield (often misleadingly called ROI around here) plus profits from selling at a higher share price after the long-term holding period.
speculators, on the other hand, care about short-term profits, mainly from jumps in the share price. Speculators always quickly move their funds where they believe the next market price swings will be strongest, they are often the spearhead when it comes to ipos. Normally, they don't care about dividends at all, as they typically hold shares for too little time for them to be relevant. In the bitcoin business, with weekly dividends, large dividend yields and little trading volume, however, they have come to care about these as well.

Now, here we seem to have the case of small time speculators, who simply made a bad choice: they jumped at the scryptx ipo, selling their small holdings of PETA. When the new ipo with a baseline price of 0.9 was announced for PETA and market share price adjusted, they cried foul for missing out on the opportunity.

Now, to remedy their own bad decision, they try to frame cryptx' behavior as bad for investors, while really only speculators like themselves are negatively affected by a short term reinvestment if all profits and a long-term value increase by increases in the total hashrate. Clearly, they try to get people to sell their PETA shares, thereby lowering the price and giving speculators the chance to put their funds back into PETA at lowered share prices. Remember: speculators mainly care about share price changes! With a market this thin, they can easily affect the price and will want to do so, if they feel they missed out on something by making a bad decision.

Sadly, it seems to be working and the speculators seem to be getting away with their method: first, scryptx share price went down, indicating people sold to get free capital to move back into PETA. Now, PETA's share price is also down, indicating that investors are actually fooled by the guesstimates and statements around here and selling their shares. I believe, the shares are happily picked up by speculators who move back into PETA shortly before the ipo.

One last thing (edit): if you are unhappy, you are free to sell your shares on the market. No need to complain and try to influence others. They will see the sentiment just by looking at the share price.

Dip in share price presumably.

The number of bids are so low it doesn't take much to crash the price.  I think someone got bored and wanted out, nothing more.

agree,
btw
฿0.00063172 per unit on Mar 21st