Man, Yobit is really blowing up with volume just like Mintpal used to.
Once this
INSANE dumping stops ... it will be fun.
I say, yobit - mistake, because on yobit - more than 500 coins. need artickles in journals sites etc. And more exchanges.
I don't really see it as a problem, this happens to most coins, what matters is what happens next.
Things are in development, time will tell if insane is worth owning. I know what is in the future for insane, and its going to be a good one, let the dumpers dump and those who believe collect and profit.
Its a waiting game really, if you have the gonads to wait good things may well come, dumpers run and regret it later.
It is not a dump as such, some are dumping but the framework of sells have been set purposely. Look at the sells on the explorer - markets- you can see more than on Yobit.
It is an old tactic, and they even have a bot on the sell side, which I tested before.
It is easy to beat if you know how many coins they have, but not if you do not.
I have had the buy at 20, so far 2 sells into it for 26,000. These are either testing me or real sells.
It really needs a few bitcoin to flush the game out, though.
NB. These guys will stick it out for a year and gradually take the network coins at rock bottom.