And yea they could take that risk in buying more . but why? I mean unless they are going to push the price back up after buying more so that they make a bigger profit . It should be at 500 and holding at least , as fast as it hit yobit , ccex and trex .
Because the coin is new and this 500 GH hashrate is pretty unusual. You should also loon on other exchanges. For example, I sold @ 134 on EmpoEx and bought about 90k more coins for the same amount BTC, because currently I decided to accumulate the coin. Of course there is high possibility for loss, but that's how the game is played.
The problem is that the biggest holder is selling and there is not enough buying. Interest of this coin was very good but that support have not been seen yet, so price is falling.
