I don't understand what the red lights are? Its pretty normal for coins to get dumped by miners after proof of work is over. Big miners don't hold alts they just move onto something else to mine. If you weren't expecting that dump then you clearly haven't been around very long.
With only 2.8 million coins at 1800 satoshi there is still a ton of room to grow when miners are done exiting.
*** my original reply deleted *** 
edit : i had to remove that reply i did yesterday because i received a pm quoting it from a shill account that told me that i "did an excellent fud job" and if i would be interested to enter an "organized fud group" and be paid 0.25btc for the job, per target (coin,member) ...
i don't know what is going on here on bitcointalk, but i don't want to be part of that.
I still think there is some red lights about investing in mysterycoin but i trust the dev that told below they weren't enough prepared for that launch.
They tried to rent hash to mine their own coin and get some %(control) over it, but the hashrate was so high they couldn't do it.
still, it was a good and fair PoW phase.
so :
1. innovative coin concept never seen before with great potential
2. huge hashrate during PoW.
3. organized fud (?) and coin dumped.
4. many many buy walls at low price getting the coins that is dumped.
5. still only 2.2millions coins (at the moment) for an insane low price of 1k satoshis
... no wonder why we see nasty behavior, since it's BCT
so, i am willing to give solacedev the benefit of the doubt and will watch the next development in a week. good luck
