Guys hyper is not dead its just taking a break. It had a lot of hype around the fight and is taking a breather. I dont think the dev gets paid to do this work so he needs breaks too and obviously must have some other job to feed himself and his family.
So dont give up on hyper or any of the game coins, Youth are the future and youth play a lot of games and are much more welcoming to try a new game or tech or coin
I am buying and hording all the gaming coins as of a little while ago and I think it will pay off soon but right now of all the gaming coins so far I like jewels the best because it has real world uses as soon as it launches.
He was constantly being paid via staking from the fairly large premine. Before he disappeared he had over 400k HYPER and at the time the price was around 20k satoshies staking 20k+ per month. The previous time he disappeared was when it was 40k satoshies and it dumped then too.
Right now 400k HYPER is roughly $4,000. First disappearance it was worth $92,000, second time it was $46,000.
This will be the first time I come out in public and say it but I believe he dumped what he could of his large pile, came back and tried to get the price higher to do it again and when he couldn't he dumped the rest down to 2k satoshies and is either waiting for the price to go back up or he is out completely.
A takeover is most definitely needed for both HYPER and GP to help the coin progress. The issue is whether or not the premine still exists and I have no idea which address they are in.
This is the wallet he had the premine funds in:
https://chainz.cryptoid.info/hyper/wallet.dws?25030.htmIt's down to 224k. Also, I agree with your assessment. I had actually talked privately with another member about my suspicions months ago, as there were funds being moved from that wallet at the same time that coins were being dumped in batches on Bittrex. We hoped for the best and wrote it off as him paying out bounties and the people getting them just dumping them right away. Now I'm really not so sure anymore.
I've backed this project a long time. I've gone out of my way to help it be successful. I currently hold over 60k HYPER and have even before the dumping, but didn't throw them on the market because I had hopes, volume was low, and i didn't want to destroy the coin by dropping them all. It sucks watching that value keep plummeting, and knowing that the person behind the coin is possibly the culprit for why it died.
Ah yes, 224k is a hell of a lot lower than the 400k+ he had before, thanks for the link as it does help confirm my suspicions as well.
I've been supporting it for a while as well, ever since he contacted me and asked me to add it to DKV. Right now, basically, HYPER cannot advance until the threat of the rest of that premine being dumped is gone.