Don't worry about it. I have seen coins go down to 1 sat which then reached 10,000 sats. I recall Scotcoin sat at 1 sats for a year. See Marx Coin as a long term invest and at this price it doesn't get much cheaper to buy a few. As I said above I suspect miners are selling of their surplus coins to break even. This will eventually pass. The volume of selling off is preventing traders adding in buy orders. 

Some miners tend to want to break even or make small profit early on in a coins life only keeping a small percentage of what they mine and selling off surplus as soon as they have mined them.  Don't worry about that, it will eventually slow down and people will start adding in more buy orders when they see less quick selling. A good time to accumulate 

No definitely not. This is a long haul project. I have been busy with family matters the last ten days. I will be fully back on the case in a few days. 

Great, thanks for that. Coins were sent 

15,115,680.00000000

15 million, 115 thousand approx in current circulation

If all were mined (2 years from now) there would be just over 100 million.
I have 5 million at this address. MtBg5RVrsKtuEGiXykDFyvQ5UhdaKqicG8  4.5 million of those are for funding the custom wallet but that's a long way off as price would need to be much higher to help with the cost. They would be sold off slowly over time. This means currently there are 10 million in circulation.

FYI: This is the address the Marx Development fund is kept. MtBg5RVrsKtuEGiXykDFyvQ5UhdaKqicG8
Of the 6 million I have given away 1 million and the rest remains. From that amount I have a personal amount of 500k leaving 4.5 million. I wont touch these coins until a time that some can be slowly sold off to fund the coding of the custom wallet. 

Coin is now listed on Coinmarket cap

https://coinmarketcap.com/currencies/marxcoin/

I can understand why you would roll your eyes but please be aware the ideology behind Alt Marxism will be very different from legacy Marxist ideology. I will produce a guide to the ideology in due course but for now the text below might give you an idea of where it's coming from. There is a great appetite within the left for something not entirely based around identity politics but most are to frightened to voice any objection to the current course the left are moving in. Alt Marxists will not be afraid to challenge the regressive left head on. I must also point out much of Karl Marx philosophical statements have been twisted and sabotaged over the decades by the left and the right.

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MarxCoin is a digital currency that will be used to help support the funding needs of activists and organizations within the Alt Marxist movement. Digital currency is an excellent choice for this purpose and like most digital currencies it can be sent and received anonymously. MarxCoin will eventually be traded on multiple alt coin exchanges and within these exchanges converted to fiat currency.

Alt Marxism is a radical departure from traditional Marxist socialist ideology which is still submerged in nineteenth century thinking. Much of the original concepts are not only unsuitable, but also unworkable in the twenty first century. Alt Marxism will of course still embrace and uphold some of the most important social concepts but we will be discarding elements of the ideology which make traditional Marxism an unworkable political ideology for the twenty first century. Think of it as classic liberalism with enhanced social policies which strongly consider the future of all humankind.

Alt Marxism doesn’t covet the concept of a one size fits all socialist utopia in today’s world. This will only be achieved by universal human enlightenment which at our current stage of human evolution is a long way off. However, we can still set the course toward a utopian goal without resorting to a dictatorial approach. This means working with others who may not share the same belief system. It also means debating with our opponents using constructive argument based on logic, reason and truth.

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I should have the Block explorer on line by tomorrow 

It will be as there is great appetite out there for something the thinking left can get in to. It's crazy politics out there at the moment but that is also an opportunity.

Thanks. More progress over the next few days in the form of a block explorer and over the coming few weeks more attention on gaining interest
on Twitter etc.

An example of the regressive left today is they still tout this, yet western females are the most privileged in human history.


Equality between the sexes was achieved long ago. Alt Marxism recognizes this but the illogical factions among the left deny this reality and now push for something very different veiled under Socialist Marxism. This will give you an idea where Alt Marxism is coming from. Of course Alt Marxism fully recognizes females in other parts of the globe do not have equality.

I have distributed 1. 5 million of the coins in free giveaways from a total of 6 million Premine. This leaves approximately 4.5 million, 3 million of which is allocated for the funding and development of the custom wallet. They will never be sold off or dumped in large numbers and will only be sold when the price is sufficient to cover the costs. Of the remaining 1.5 million I  plan on releasing at least 500k of those in various promotions and perhaps translations and anything else that may come up. The remaining 1 million are my personal coins which if I purchased at current price would cost me less than $200.
Global supply (if all coins were mined) will be 100 million but that's a long way off. I estimate around 15 million coins in existence at the moment but can't be sure until I create the block explorer which will be done this week. Once that is done I will send the 3 million to an address displayed publicly for all to see. I do not believe this is a large Premine considering what I have seen lately with some coins having up to 50% and above Premined. i am genuinely trying to be fair with this project.

Alt Marxism is a political project based around the teachings of Karl Marx. Most of his philosophical ideas (ie the good stuff) was hijacked and twisted by Communists. This political project is intended to interest liberals who can see the left imploding due to illogical thinking and actions. I see the recent election of Donald Trump as a great opportunity to bring Marxist ideology in to the 21st Century. It is a political project for the long haul and the coin is a means to help bring the ideology to light and peak people's interest. It is Marxism, but with much of the bad stuff removed and designed for the 21st century. I know from my friends on the left there is a great appetite for something that isn't almost entirely based around identity politics.

Great, I had no idea it was listed on there until now. I applied about 20 times 

I don't understand? Can you explain more clearly

 I'm about to start a new round of Twitter promotion freebie coins and then get followers to tweet Yobit.

I've created the Yobi code but it hasn't been cashed in by Yobit. Listing on another exchange is a priority which will happen but can't give an exact time frame.

Interesting you chose that particular one, it's one of my favorite quotes. Alt Marxism ideology is aligned more closely with Karl's philosophical thinking and is a theme to be pushed toward the emotion based left who are in need of guidance.