Looks like dev is not satisfied after he dumped billions of coins in both the exchanges. He wants more and is selling again but does not want to continue developing the coin?
I too haven't received the free coins yet. But does it really matter at this stage? I have seen pump and dump coins, but dump only coin?
Its better if community can take over the coin and start fresh.
I'm a bit flabbergasted at how gushing people are being, considering that there's fairly clear evidence (in the
blockchain, which anyone can independently verify) that:
a) Very few people have been sent their free coins - 19 x 555555 when I checked earlier today. Nineteen. [edit: it's still 19 - no further sets of free coins have been sent]
and
b) Significant amounts (1.3 billion) of the premine have been sent to 3 addresses, likely to be exchange deposit addresses, some which coincide with huge sell orders on an exchange.
... yet people are still saying pls continue, pls give me free coins sir. Is this a victim syndrome thing? C'mon guys, you were played. The dev started dumping right after this coin made it to an exchange, and only sent out a token number of free coins.
The only way forward is for someone else to take it over, completely [edit: or provably destroy the remaining premine]. Otherwise you'll be left wondering when/if the dev is going to dump more of the premine and dilute the value of your coins. The remaining premine if dumped at 1 satoshi is worth more than 300 BTC... how do you think you'll go with making a couple of bucks with your 555555 coins?