Namecoin dump

[Carajillu]

Does anybody know why or who is behind this huge sell NMC orders in BTC-e?? Its been bleeding lately...

[virtual_master]

Does anybody know why or who is behind this huge sell NMC orders in BTC-e?? Its been bleeding lately...

Merged mining is saving energy while reusing the hash-power of Bitcoin and also creates the highest hash difficulty/coin value but it doesn't creates binding between miners and the network. The most miners just sell the secondary product of their work.(especially now before the holidays - like last year)
We would need something what creates more binding between users, miners and the network.
Other possible reasons:
- Some people expected also that MtGox will introduce NMC trading this month.
- The Pirate Bay will create his own domain system. Some people expected that it will rely on the Namecoin domain.

[xxxgoodgirls]

- The Pirate Bay will create his own domain system. Some people expected that it will rely on the Namecoin domain.

source?

[virtual_master]

- The Pirate Bay will create his own domain system. Some people expected that it will rely on the Namecoin domain.

source?

They are some rumors like this:
http://torrentfreak.com/pirate-bay-dock ... nt-131212/
And rumors influence prices.
But who knows what they are doing in the reality ? Our project is not connected in any way with them.