As of the current price i guess it`s BUYING TIME?
I think you're right. Looks like dumping is over. And some interesting announcement on the multipool ahead. Let's buy!
We still have a lot of large coin holders like the mining farms that hold a large number of coins. Since our market is so small, it doesn't take much to drastically move the price up or down. Fortunately, the large sellers are selling slowly (1 or 2 BTC at a time). But with our market, that still causes wide swings. We will continue to see these dumps until all their coins are sold. They seem to be dumping and then waiting for the price to go back up a bit before selling again.
In the long run, this can only help us because it provides cheap buying opportunities. It can, however, be scarey in the short term. I certainly don't like seeing my investment's value quartered in 10 minutes time. I do take comfort though in the knowledge that the market will not only recover, but will continue to rise eventually.
We can expect to see more wild swings in the near future. Just don't panic and sell when the price is low. Use these price dips to buy and if you need to sell, sell when the price goes up.
Edit: Large sellers only start most huge downswings. Panic and FUD make it twice as bad as it should be.
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