There is some epic trolling and fud spreading going on in this thread.
Thing with this new exchange is , not many people dare to bring their coins over there, I am not going to do it, I am not bringing my coinye over there and I sure as hell am not bringing my btc to that exchange.
I exspect more people are willing to transfer their coinye to that exchange then there are people willing to transfer their btc over there, much easier to risk losing a new coin, that might die or might live and try to get some BTC for it, then risking your BTC in the hands of people you don't know and who have no trustworthy reputation so far.
So that would explains the rock bottom low prices for coinye on this exchange. Prices are so low at the moment that I dont even consider selling my coinye for these prices anyway, dont have much to loose if they only worth this little anyway. So I will just hold them and take my chanches with this coin.
I don't have an issue with those wanting to sell to get something, no biggie to me. I really hope 0daycoin keeps growing though, would be awesome to have a good exchange for the coins that start out. It takes time to get to Cryptsy, much less CoinEx or CoinedUp, so 0day has an awesome chance to become the replacement for escrow services for new coins. If it does, i'd think you'd find an opportunity to buy some coins that take off as well as invest in some coins that tank. Who cares, it's the game we play here but to have a place to speculate safely would be great.
It's the sole reason I did my COYE trades there this morning, to see if it worked. As for what i'm holding, i'll prob sell some when the COINYE exchange comes on, sell some more when it gets to the minor exchanges and even more if/when it hits Cryptsy. My only goal for the inital sells is to approximately cover what I could have made mining the spec coins for about what I could have made mining something more established. If I pick a good coin to mine for a week or two, you can generally do this and up with a big chunk of coins to sell if it makes it to Cryptsy for a nice profit vs. what you would have made mining less spec. coins for the same time period. It worked well for me with DOGE & LOT, notsomuch with MOON and GFT (LOL!).