The people selling now are the miners, because mining is more profitable than buying (and they have to pay for electricity for those hungry GPU rigs), at this current net hasrate. As soon as mining halts (in 5 days), we will see a significant rise in price when there are no sells to fill the buy orders.
EDIT: I don't think mining is more profitable atm, nethashrate is 5+ GH, I may be wrong. Buy HYPER!!!
You can check mining profitability for HYPER at http://whatmine.com/
That site I think gives bad info......numbers are WAY off from reality!
In what regard? Right now they both have the same coin as the most profitable and if you use whatmine to behave closer to how coinwarz does then you see the same results, as long as coinwarz has updated...they are pretty slow.
There are some issues regarding most, if not all calculators because the seem to use the last buy price to do calculation...that allows for a lot of manipulation.
Maybe I am just new and don't understand these sites very well, I don't know. When I checked what was best to throw my 50mh/s at a scrypt coin, it told me I could make over $500 a day mining Myriad, second choice was over $400 for NeoCoin.......this was pretty obviously WAY inflated. Doesn't seem to me that I could have made even a 10th of those numbers on those coins. First time I looked at this site and so far have never seen anything so inflated from reality on CoinWars before which I honestly have not been using very long either.....probably a month or so.
It is because of the price being used is the last price bought at, so some will go and buy a coin on a small exchange for a stupid high price and it reflects it as the price that the coin is being bought at which is not the case. That is a byproduct of using small exchanges and the last price. If the top buy price was used it would eliminate that for the most part. On whatcoin you can really dial in what you are looking for and choose from multiple exchanges yourself, and the volume on said exchanges, and also for a certain time period/average. You should give it a shot again but really try to dial it in and eliminate the smaller exchanges because of the chance of easier price manipulation. I am not attached to it in any way, but when I found it I was very excited with the ability to control the search the way I wanted. It is just that one draw back. I will email him now and see if he is will to change it.
Thanks for the advice, will play with it a bit more:-)