BTC went down so that causes a panic too and all altcoins reacted but cnc went down just too much. Never expected this to be honest, I went in at 0.0017 and thought that's solid entry point for next pump round.
I still think it will go up when btc stabilizes as people are probably trading btc now, to try to protect it from possible crash, there is only 130 btc buy orders for cnc on btc-e right now.
But it looks scary, we're very close to go below 0.001. The only good thing is that sell orders are below 1 btc value all the way to 0.0017 or more. I'd definitely buy even more if I had resources, it can't stay so low.
I still think it will go up when btc stabilizes as people are probably trading btc now, to try to protect it from possible crash, there is only 130 btc buy orders for cnc on btc-e right now.
But it looks scary, we're very close to go below 0.001. The only good thing is that sell orders are below 1 btc value all the way to 0.0017 or more. I'd definitely buy even more if I had resources, it can't stay so low.
And why exactly should it go back up ? It's more like a penny stock than like BTC. Everybody got to play early adopter again, can we now please focus on the important things for example trying to get BTC adopted ?
) CNC is the first crypto which have chines client, own discussion forum, obviously in chines. Only thing which might hold is back is (as far as I have understood) the thing that it's illegal in China but that might only slow it down. If CNC gets into Chinese newscasts it will immediately jump sky high, it's absolutely best option for those few million/billion, or what ever, Chinese. And....it's still profitable to mine, which make it interesting and tempting to newbies. 
