Does someone know the dev? Perhaps it would be time for him to get online...
It's pretty obvious what's going on here. Other than Dopey being incarcerated or incapacitated in some manner, the coin has either been abandoned by the developers or they are intentionally trying to tank the price in an effort to buy up / mine a significant percentage of the coin before they release whatever they're working on so they can get a huge payday on the ensuing pump. Even when he was partially active a month ago, he just flat out refused to update the wallet link in the OP. The link gets you a wallet version that is pre-fork and it won't sync. C'mon... that means you don't want new people to adopt the coin for some reason. It's really shady and has been from the very beginning here. It seems kind of retarded to put so much time and effort into something and then just give up but who knows for sure? If he just didn't have time right now because of whatever else is going on in life he would still check in every few days and string us along. Do you really believe he hasn't read this thread for 20 days? I'm not buying it. So... You either hold and gamble or dump out now and take what you can. If Dopey don't show up in the next couple days it's likely to get real ugly on mintpal next week.. but maybe that's the plan.
Ummm... that would've been the case if there was some volume on the coin. No one's really bought anything significant for their "huge payday". Its abandoned. There is no ticking clock to the last day's last hour of Q3 or whatever. The buy orders are vanishing and the sells are increasing significantly. You just need to step back and see that when the dev doesnt show up for 20 days, for any coin, its not really any part of a "grand plan". In most cases the simplest answer is the correct one.
I also don't think there is or was anything shady about anything really. At one point, this community was pretty much the best place to be, with a kick ass dev and brimming with positivity. But as with most long term planned coins, traders became impatient and deferred gratification was no longer acceptable. The leadership was questioned and suggestions cropped up (I too offered my share of free advices). Not adhering to these "temporary" solutions further angered the mob and I guess a point came when everyone asks themselves the question: "Is this worth my time?"
To be honest, It's not. I don't blame Dopey or the other devs for the disappearances. I would've done the same if I was in their place.
There certainly has been enough volume and concentrated mining going on here for the last 2 months to accumulate a very significant position without creating upward pressure on the price, if you did it smart.
There is a ticking clock here. It's set for June 30. The dev himself was the one who set the expectation, and reiterated it in one of his last posts here. Whether that expectation is met, exceeded, or missed the market will react.
I didn't see any angry mob or mass exodus from the coin due to impatience. It was a slow steady decline as the developer became more and more aloof after the much expected 4/20 pump and the necessary hard fork a few days later. If the coin was on schedule to have this supposedly revolutionary new coin mixing feature implemented and we had some regular updates it would right now be trading at an all time high. The community here has always been really cool and level headed, especially when you compare it to the nursery school that was the potcoin subreddit about 2 months ago. Even after all their amateur moves in the beginning they got it together, stayed the course, and the coin is now headed for greatness. It seems like you are blaming this community for the developer abandoning the coin, and I'm sure many people here take offense to that.
