the coi nwent down badly ;(
You guys have to keep a couple of things in mind before automatically getting discouraged about price dips.
The volume is very low this early on so it does not take much at all to drive the price up or down by a lot. Also, these exchanges are not taking volume into consideration when displaying the ticker price. The price can be at .0001 and then someone can sell 1 coino for .000003 and then the ticker price will show as .000003. This causes confusion and panic so the next person puts up a sell order for .000002 and so on.
I have notice people putting in sell order for very small quantities at prices that are less than the highest buy offer. Now, think about this for a second. Why would someone put in an order for less than what they can get? The answer is simple. They are only selling a few coinos which is good enough to make the ticker price drop, which in turn freaks people out and causes panic selling. Then that person goes and buys up all the coins getting dumped.
I have said this once before several pages back but I feel the need to say it again. These buyers are counting and you guys being a bunch of retards that are trading on emotion rather than experience and educated analysis of how a market works. Just because the ticker says .000003 does not mean that is all you can get for your coinios. It only means that someone just now sold 5 coinos at that amount, hoping you will then sell of yours for an even lower amount.
Sellers need to be setting the price, not accepting it. These people would not be buying up all of your coinos if it was't going to make them a profit in the future. Instead of everyone undercutting each other and driving the price down, start driving the price up. You should have the mentality of, "If you want my coinos this is how much you have to pay". Not, "please buy my coinos, I will sell for a little less than the other guys."
The price can go to 1 satoshi or 10000 satoshi in just a few seconds. These exchanges we are on currently are very easily manipulated. All you guys have to do to keep things going and growing is to stay calm, ignore retards dumping for low values in hopes of tricking you into selling, and sell your coins for profit instead of desperation.