Looks like Freetrade's reputation isn't doing too great right now
You are right.
And also notice how FreeTrade is trying to blame everybody else for the dropping value, except for himself.
He claims that the value of the coin drops because people are attacking him here, while all they are doing is asking him valid questions that he will not answer.
When you read the whole thread and not just FreeTrades replies then you will get a clear picture of his hidden premine game.
Fortunately we have the voting system to replace him as CEO. I suggest you use your votes.