I agree. I am not sure why it has stayed so low. The only thing I can think of is there is to many coins and miners are still dumping. I was a very early miner on this coin and did sell off some of mine before it hit the exchanges but have held quite a few since the beginning. I refuse to sell anymore of these at super low prices. I am in it for the long haul!
Price is low because someone put wall on buying side and he is buying at lower price! Someone is collecting huge amount of tops and later he will define the price and sell it for at least 100 satoshi! That is what I think! This is very valuable coin, people just don't release that!
The buy wall was yesterday, and I think it was just someone trying to sell his coins. Now it's just people trying to get out. I've lost over 0.7 BTC on this damned coin.
Nop, the coin will go up, much, much up!