In the meanwhile over at Cryptonator:

https://www.cryptonator.com/rates/BAY-BTC

Watching...

there are many different reasons

1. believed the FUD so sold
2. Impatient. thinking they have seen a different coin offering better chance of profit
3. Manipulation and selling into own buy/sell orders
4. The didn't believe the FUD but they think that it will still have a overall downward effect on price for the next few days and are selling in hopes of it carrying on down to pick up more
5. just selling cos they bored
6. Profit takers hoping to hop in and get some quick profit and back out again but didn't manage to

There is many different reasons

To be honest it was more a rhetorical question but thanks for the reply.

That´s bullshit, every time a coin goes down it´s manipulation.  That´s posted so often, and everytime the coin dies, not coming back, so that manipulators can earn, they just went down lower and lower.

So why should they do that. The coin is going down and down, where is the benefit?

Sorry you are lying to yourself. The price gets down cause people are selling. Simply as that.

@Monimaus : Don't you see that it is a completely unlogical affirmation ?

So in end a dev that would have bought is like any other buyer, why would he sold lower than he bought ?

If you imply that devs magically created coins that they sold or have from before the ICO, you are really embarassing yourself then, everything is public the Blockchain, the code...

Or are you implying that it is a global conspiracy including BTEr perhaps ? Well why not CIA and NSA too, and wait !!! don't forget Aliens!!!

By the way if you think that some people don't have 250 BTC or even more to invest in a Altcoin you should think again then...the Crypto world have a lot of big investors, sometimes because they were on BTC early and bought them cheap, some because of their business, some because of their succesful trading activity, some because they stole some Bitcoins by hacking,...

Cause he didn´t really bought it.

ICOs in generell, you buy with all bTC you have, you get coinX therefore, and you get all BTC. So bought coinX for 0. Understand?
So you can sell below ICO price, cause you didn´t pay anything.


And second, no I don´t think anybody buys into this coin for 250 BTC. Ethereum ok, Maidsafe maybe, but not in any other coin including this one.

Or everyone could be quiet and see what happens since all of the above is dumbass conspiracy shit.