Yes, but I think NAV needs its decentralization to be finished first.

Such techniques never allows NAV price to go higher. People bought enough cheap NAV and I'm sure they will dump it again if market shows uptrend direction. Newly arriving users and new markets, accepting NAV, could change the situation. I'm staking and do not care about the price. I will buy more if it drops  

What is also new is that instead of having the parties to the transaction maintain private electronic records, the records are maintained in numerous copies and easily available for review by anyone.Such transparency makes sense for regulated transfers such as real property transfers and commodity trades. But not for transactions requiring privacy.

The anonymity benefits of blockchain are frequently oversold, according to Khan. All bitcoin transaction records are open and available for inspection using tools like Block Explorer. At some point, bitcoin ownership could be connected to individuals. Individual transactions could be accessible to outside parties.

i dont see this dump as manipulation in this case.
navcoin had a big pump... last consolidation was at 2k~3k for a long time and then boom. 10k~12k.

a few smart holders sold at 10k~12k, others at 6k~9k. but most of the investors were specting to see a new ATH. Right now we are seeing a "desperation" dump... bitcoin price brought the price down and now the old holders from 2k and others who bought at the top are getting out.

i've sold at 8500 and bought back at 4k. now they are back to my wallet and i will hold for a month or two again.

Was theviralexchange used for this?

For the most part, you are correct and, I think most of us understand that but, look at it like cheering for your favorite football team. When there's a good play during the game, we all cheer and when there's a touchdown we stand and cheer but, when our team wins the season, that's when the real celebration begins. It's all about getting to the "holy grail", massive adoption by the public. Granted, some folks are only there for the one game but, that doesn't matter to the rest of us.

As human beings, we need to pat ourselves on the back as we travel that road and cheer on the team we have picked to win. Now, I'm not saying we all care, many are only here for a quick profit and then move on to the next project for the same but, we need to take the good with the bad on that road to adoption and make what we can of it.

Also keep in mind there are many, many behind the scenes that don't post in these forums but read them. The "instant gratification" day traders post things to influence the rest of us to act as they want us to act. For the most part, they are wasting their time and energy but they do have some influence, it's a big world out there. Through all this Syscoin continues to raise and is getting closer to the goal every day. In all fairness, so are many other projects and that is healthy. Without competition, there would be no innovation.

Just remember, no matter what the reason for investors to cheer on Syscoin, we ALL are hoping for success and wide spread adoption. In that, we all all the same. So, hang in there, ignore the stuff that bothers you and comment on the stuff that interests you, and remember, life goes on...

For a layman's explanation of how it works. Taken from our Wiki.

Most cryptocurrencies including Bitcoin rely on public ledgers. This means that all transactions are public, and the history of a coin can be traced from its inception, and all the transactions that it has been involved in.

Although the ownership of addresses are not known, through advances in statistical analysis and other meta-data (such as IP, time, use of exchanges), researchers have managed to reasonably accurately tie ownership of addresses to a real life identity.

As the blockchain forms a permanent record, they can be endlessly analyzed and once the identity is revealed, all the history of the coin is also tied to the identity.

This can be problematic for example if someone used Bitcoin to do some illegal activity and that particular Bitcoin somehow ended up in your hands, you may be implicated just by virtue of being in possession of that Bitcoin. Furthermore, if you are business or merchant, you may not want competitors to have knowledge of your transactions. With a public and transparent blockchain like Bitcoin's, this may be problematic to achieve.

Some have tried to make it harder to do this by using coin mixers/tumblers. However, this involves trusting that the mixer/tumbler will not steal your money and also is not secretly recording how the coins are being mixed.

Zerocoin technology, which Zcoin uses allows the anonymization of coins that doesn't require you to put your trust in a mixer.

The easiest way to visualize Zerocoin tech is a black box, where everyone who wants to anonymize their coins places their coins in it. When they are ready to spend the coin, they produce a proof that they did place coins in the box, but the proof does not state which coin they placed. The proof could refer to any of the millions of coins in the box, and nobody knows which coin the proof is referring to. The proof simply states that the creator of the proof has placed a coin in the box, without giving any specific information about which coin it is. When other people see this proof, they have no idea who created this proof but are mathematically convinced that it is a valid proof. If the proof is valid, the proof entitles the proof creator to create a new coin with no transaction history and not related to any of the coins in the box, provided that it is of the same value. This means there is no linkage between the deposit transaction into the box and the redemption transaction whereby a coin is taken from the box.

The innovative part of Zerocoin is how this proof is generated where although you deposited the money into the box (and this transaction is recorded in the blockchain), you are somehow able to prove that you deposited into the box, without revealing which 'deposit' transaction was originally yours, hence the term 'zero knowledge proof'.

Highly priced? Snakeoil Navcoin with Soopy the photoshop "cryptographer" is worth 5x more than working zerocoin tech, it's crazy really. This is why we need to get on Polo, even the scam coins prosper over there with its daily volume.

Not in this case! When the Bitcoin was green, other currencies were red. NAV kept artificially high price and sell their coins is expensive, now the price should fall as the other coins. I do not believe in fairy tales, it's time red. View the price in the summer and understand where we are going.