You'd think pricing would go up once the halving took place, but it looks like the driving force to bring the price down is stronger than that.
Basically there are too many coins being dumped right now. The concept is great, but too many dumpers is crashing the price. There's no scarcity yet so unless people buy up all those coins then I may as well sell now too, because there won't be enough buy volume for it to recover.
I think it will take at least a few weeks for prices to go up.
It's ok: more cheap coins now and more dumb miners screwed later
Also buy volume is pretty good for a coin launched 6 days ago: 11+ btc buy wall at 4 on an exchange unknown to mankind xD
mining this coin is no more profitable
False, actually is still more profitable than Doge even at 4 satoshi which is ridicously low (50% more profitable than dodge).