Maybe cause the devs don't give a fuck about daytraders fighting over the hourly price movements.
That's pretty much the impression I got. From the YouTube video the dev did with that Bitcoin Girl he even said the large premine was so enough of the currency would be kept for the project itself rather than the traders.
People have gotten do used to pumps that a day of inactivity and there's mass panic. If this coin is going to become a real currency then it's not going to take off overnight.
and yet the official mods on their IRC chat keeping screaming "mazacoin to the moon". Go figure!
Heh. It's that get-rich-quick mentality that makes me think MazaCoin is overpriced. At least until the currency is officially adopted. Right now it's just another coin to most traders. I'll silently buy in when the dust settles if I think the coin has a future. Too risky to hold now in my opinion. Not unless you're day trading or waiting the long game.