This is the coin which on the first day was listed on three major exchanges.
It was mined like crazy by many.
Good working POS!
Community already in placed but in tattered condition.
Great future is ahead when community takes over. Look at korecoin, it was dumped like anything and now trading over 7k.
That's right. I'd also direct everyone's attention to Karmacoin - A mildly similar situation to this coin; the dev scammed the community, the coin was dumped from 14 Satoshi down past 1 Satoshi then was relegated to the litecoin market where it hovered around 7-9 Litoshi at its worst. From there, the community took over under 2 men and grew a dev team out of nothing. Within 2 months Karma was trading over 100 Litoshi - within 4 months of being relegated to the Litecoin market it continued its rise to a peak of 600 Litoshis before backing off and consolidating once more.
Also remember that Karma had a confirmed failure for a dev who actively sought to destroy the coin when he found out the community wanted to take over. We are in no where near the trouble Karma was in at its worst and still that coin gathered a solid team together and slowly rebuilt.
Be patient - give the dev a chance - who knows, for all we know he lost family on the Malaysia Airlines flight or some other personal tragedy might have befallen him - shit happens. Remember DRK and its period of dev inactivity or Cloak just a couple of weeks ago? The price hit 138,000 Satoshi and then the dev didn't provide the community with to-the-minute updates and within 24 hours of silence from him it crashed to 64,000 with everyone calling it a scam; only to pop back up when he reappeared later.
Be aware that this happens all the time in the crypto world - usually because despite the significance cryptocurrency plays in our lives personally there are far more pressing concerns in the real world and sometimes we have to remember the bigger picture - the world and its problems extend well beyond the ups and downs of a virtual currency.