The site still has no auctions. So it just counts as another altcoin would. Not much value no backing just what people say it is worth on exchanges. It has lasted a very long time. We other it deserves to or not is another questions all together.
Not only are there STILL no auctions currently on the website, I have a feeling that the 60 second time given for listings will be a HUGE deterrent! The listings should last for several days, NOT seconds. That would ultimately help sustain a better item price for the seller, & incentivize more people to sell. Buyers would benefit because they would likely still pay less than retail for items and/or not bid (but at least they would have a chance).
Admittedly, I didn't know what traditional "penny auctions" were & I realize keeping them traditional was more than likely done so intentionally. Perhaps the auction format, time, & rules can be "modernized" simply for the sake of keeping this coin alive. The "average joe" has no idea what Bitcoin or crypto currency are, therefore focusing on auctioning these crypto currencies is not the best idea either.
There are MANY more updates/changes that can be implemented aside from those mentioned above, & [in my opinion] it seems like the time has come to start..
I want this coin re-started again and DEV needs more details for this coin. It looks like good coin but DEV left it without any notices. and if somebody has strong power of altcoin, He should be a new DEV to restart this project and I'm sure everybody will support this coin again.
If you checked the developer of this coin, the last time he check this thread was way back Sept. 06, 2016 https://bitcointalksearch.org/user/chronoscoin-876858 . This coin has been dead for more than 4 months. I do not know if there is a take over, but probably those pump in Yobit was some kind of strategy to bait unsuspecting new investors.
He picked up a couple of tens of BTC and ran to spend them. And because he could earn even more, and along with it, and we could.
