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.
What's crazy to me is that if the dev came on here to post anything at all, even a bogus announcement, the price would go back and they'd get more for their dumps. Seems so simple, but this current way they're just quietly dumping while people wait for the "announcement".