Everyday the price drops another Satoshi, but the standard response is "stay strong", "hold", "it's the whales", "keep the faith" or "but it's a great coin".
The basis for this faith is that the coin is technically innovative (i.e. POW/POS combo). But technical innovation doesn't determine a coins success, for the simple reason that anyone can fork it, change a couple of parameters and call it another coin. Then it's technical merits no longer give it an advantage.
The market is too saturated with alt-coins, and it's only going to get worse.
For an alt-coin to succeed, it has to have a strong momentum which sustains growth for several months. Almost all new alt-coins have momentum for a few weeks, then slowly die away. I'm sorry to say, but Mintcoin is following this pattern as well.
The only coins that have managed to show sustained growth for extended periods are Bitcoin and Litecoin. Yes, these coins have crashed as well, but they have proven themselves to always come back and that's why investors have faith in them.
Honestly, this is not a troll post because I'm outlining exactly why I believe what I do based on my observations and I'd be glad to be wrong on this one.
Yeah, but what if it is a bear trap and when you put your order on one of the lower priced sell walls the rest of it evaporates away and someones snaps up your entire stash for cheap.
Don't stack large orders close to the asking price. You could get poked.