Miners crushing the economy

[h0g0f0g0]

The best would be to get coin on more exchanges. Will all these C*O folks do something about it or just talk on this forum?

[Grekk]

The price has just slumped to 0.00057BTC/MMC, this seems to be because of miners selling straight after mining, as opposed to holding.

We need to stop this, if you are a miner, please hold. It will work out well for you long term, if you are anyone else fire up any machines you have and get mining, hold the coins. If we mine the coins they can't sell them.

We all expected the price to dip as miners tried to recoup costs, but if it goes too far south it may just fail altogether.

GPU miners crashing MEM market (fast money) and back to mine LTC(or script forks).
CPU mine not profitable today.

[andhar]

Been holding since i started and will continue to hold.

[AdamBLevine]

prisoners dillemma at work. 

What reason would Miners want to hold something that has a very large supply mined over a long period of time that is losing value as the supply expands because there is no reason to hold it?

Altcoins need a reason or they're not interesting.   Advertising that mining is profitable means that people who want to profit have to sell their coins.

[ripplexiaoshan]

Good propose, but I doubt all miners would obey the the rules...market will regulate everything

[isaacgoldbourne]

The price has just slumped to 0.00057BTC/MMC, this seems to be because of miners selling straight after mining, as opposed to holding.

We need to stop this, if you are a miner, please hold. It will work out well for you long term, if you are anyone else fire up any machines you have and get mining, hold the coins. If we mine the coins they can't sell them.

We all expected the price to dip as miners tried to recoup costs, but if it goes too far south it may just fail altogether.