I think this small dumping is because of weak hands of miners which rented their hashpower and now they need to cover their costs. I fully believe in mblados and his projects as he did not have done anything stupid or reckless, but we must not forget he is only human and when he is annoyed funny answers and debates pop out. Keep up the good work dev!
I am one of those miners you speak of that rented the hash power...however, it wouldn't make sense to dump to cover my rental costs as I would barely make any profit...staking and price stability is the only way I can turn a profit from this. But I do believe you may be right about others, because the prices reflected on the exchanges work out to be just over the average (rental) mining costs.
On a side note:
I've never staked a coin before, so pardon my ignorance but, my wallet says that I am currently staking in the bottom right corner and I have 5 hours til reward time, but in the top left corner under the spot that says "stake" it is showing "stake 0.00 eags. Am I missing something here or am I all good?
Nothing will show until staking actually occurs, ie., it will say "Stake 0.00 EAGS" until it actually attempts a stake. I know, that somehow doesn't sound like it makes any sense to me either, but until your wallet actually finds a PoS block, nothing will show there. 5 hours is the
estimated time until you actually find a PoS block.
Does that make sense?
