How do you explain such a downtrend with almost no inflation where multipools actually help the price?
Which multipools exactly help the price? At the current moment no one I know. blackcoinpool.com is not paying out for the whole weekend cryptsy API is still fucked up since the last maintenance (they have experience in fucking things up).
And noone cares. Who mines on those anyway anymore? Why would you when the price only goes down.
And the volume on exchanges means they are only slowly dumping,
It makes more sense to mine when the price is low since you get more coins per MH. And at their current rate, they should do 2-3 BTC/day, what would be enough to rise BC price by 2000 satoshi.
Mintpal does maybe 80% of BC volume averaging 70 BTC/day...
So a pool that generates 2-3 BTC/day will have near zero effect.
It's not a BC problem...
There has been a general selloff in alts for the last month...
A lot of quality coins are down 50%... some like VTC and MYR are down 80-90%.
Also, traders (who price coins)...
No longer care about stuff Devs are "working on"...
Unless it's released... and working... and being widely used... it doesn't matter anymore.
That said... there will be a BIG rally in Alts soon enough.