The problem is miners like you or me dump the coin before anyone else does and because most of them think same they do it so quickly the price goes down even quicker. That causes miners to decide to move to another coin. Difficulty and hashrate drop so mininers who continue mining BWK mine it easier. So easier to get profit and dump the price further. Nevereding story so I do not believe in recovery. Check Tun, GOA, DSR, DIN, DNR and many more masternode coins. Also masternode owners dmp for the same reason - to ensure they dump before someone else does. HODL does not exist anymore and those who shout it usually dump first.
I'd have to disagree with you there considering we're all still holding our dev shares of the premine.
Any news for pump? When a next update?