There is someone trading on cryptsy (no idea who), that is trying to force the marketcap down lower.
Comkort's zeit ~270 to buy, on cryptsy 269 down to 209 is sell orders , the guy seems to like pricing around 0.16366400 LTC per order.
So if you are buying you can get zeit cheaper on cryptsy as long as his supply of zeit last.
Would get them off of the exchange as soon as purchased, in case they pull any funny business.
Madness! I will never understand the thought process of some people. Why not do your part to increase the value of the Zeit you are already holding instead of purposefully pushing the price down just so you can buy some on the cheap? I mean, it would be smart for anyone who can to take full advantage of that and buy at the lower price. Buy up all those sell walls and get the price back where it needs to be and let the dumper make his small profit. There is no reason why we shouldn't expect double digit satoshi this year. But in order for that to happen, people need to get smart and stop dumping their Zeit for single digit profits on the LTC market.
I think I will bite the bullet a bit when I get a decent amount of Doge worked back up and start buying off the BTC market at Comkort. I may not get as many Zeit as I would from the LTC market, but there needs to be a more substantial amount of transactions on the BTC market because that is where we belong, for now at least.
*EDIT* I see that Cryptsy is now at 242 and someone has put up a 4 million Zeit sell wall at 220 on Comkort. Come on people! Litecoin is under $2. That 4 million Zeit wall is only worth about $16! We can do better than that. Zeit is better than that!