It's called supply and demand Collegestudent. Don't waste your time trying to get people to PnD here.
Don't even try to pump and dump, there's a huge whale keeping the price at a consistent low price in order to increase their holdings (sell at .00000021, buy at .00000022, etc). I thought i was all big and mighty with 20mil mintcoin, and this whale dropped a 36btc buy wall at .00000018. so i pulled my funds off cryptsy and i plan on increasing my holding via PoS and mining.
do you have any evidence of this big ''whale''?
Yes, just go on cryptsy and look at the buy/sell walls. it is not as noticeable now, but the manipulation shows itself once trading becomes a lot more active. (huge sell/buy orders separated by smaller orders. traders buy/ and or sell all the smaller orders. Big holder then moves the buy/sell wall any direction they choose.
Also, look at the last 6 hours. the price stayed the same. you can easily make a profit buy selling at 24 satoshi, and then buying again at 23satoshi.