Is the coin dead? Or is the price collapse due to being six months behind schedule?
Yes it's dead. Only people holding now are major bagholders who are trying with all their puny might to get out alive.
Dead coin with 120 BTC buy support? Yeah, right.
Sure all buy support placed by one crooked dev, will will buy all your coins at a loss to you, then pump them and make money off you once again.
To me it'd dead with 1000 btc support or 1 btc support.
No difference to me.