The dev's are either scammers or grossly negligent - either one is bad news. Someone/s clearly dumping tens of thousands of ETHD and they are content to push the price down and down despite plenty of people happy to buy for higher prices.
I've been watching it all day, someone has sold nearly 150 bitcoins worth in large sell orders. I wonder who.. lol
Yeah - if the dev was here posting it would at least provide some doubt but seriously, this is so obvious now its not even speculation.