"3250 blocks multiplied by 500 coins a block is 1,625,000 Darkcoins created between the times of 3:54 and 11:22 on January 19th, 2014". And today is only 4,315,600 DRK available supply.
And you are asking WHY ARE WE SELLING? It's kind of private money of fews who now manipulate the market. And you are asking why Litecoin is better than this?
I understand that success draws hate, but please, check the facts before spreading FUD.
http://wiki.darkcoin.eu/wiki/FAQ#Was_Darkcoin_Instamined.3F
https://darkcointalk.org/threads/the-birth-of-darkcoin.162/
Coin is in steady development for over 5 months.
Also, check the price charts, the coin is very well distributed, and resistance to dumps after pumps is the best example. There is no conspiracy theory here.
Last but not least last time I checked, the price is on the steady rise, and the only thing keeping it < 0.02 is the wall, which will go down soon.
A lot people is waiting for their FIAT transfers into BTC (I know few personally).
Yes, you are right but I'm not talking about steady development, about price charts. A want to say only one thing - the rest is as you wrote.
Here http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins& you can read:
"3250 blocks multiplied by 500 coins a block is 1,625,000 Darkcoins created between the times of 3:54 and 11:22 on January 19th, 2014". And today is only 4,315,600 DRK available supply - about 50% of the market coins have been instamined.
38% of the coins currently being distributed has been minted in that time, by anyone who was willing to.
There was clear announcement, no ninja launch.
Now, to your conclusion about few who manipulate the market - you have no fact/proof of that - this is a pure speculation/accusation, and the past 5 months is not supporting your theory.
People mined, people sold, coins got redistributed many, many times over.