Is there a proof that this coin ever got 70 BTC ICO?
Perhaps the dev just sent his own 70 BTC (possibly from different accounts) and in reality there are no investors, and only a few miners who dump as soon as they mine?
Either the dev is accumulating his own coins or he moved on. This coin look too familiar to Cypher and Ascension, don't you think?
If you look at the statistic tab in QT wallet, you will see that it shows the POW reward to be equal to block height [this was a "feature" of ascension]. While the real block reward is 120 now, not 8187.00
