This is NOT a dead coin until the Royalties development team says so. Anyone who would come on this board and say otherwise is just spreading FUD about this coin. It truly is not fair to those who invested.
Why hasn't Eric or someone else from the Royalties Development team come on here and given an update? No clue. Perhaps they are in talks with a corporation that has made them sign an agreement which requires their silence. Perhaps they are under a court order which requires their silence. I don't have the answer to "why" they haven't updated the coin holders.
I can say this:
1. The wallet software is still functioning as it should. I have personally used it today.
2. The network is still hashing transactions without issues. Today was about two minutes for my transfer. Check here to confirm:
http://xryexplorer.info/3. The hash power looks good - meaning it still has mining support.
SO PLEASE - don't FUD Royalties Coin unless you know for 100% FACT that it is dead. It's not fair to those who invested in this project.
Until then - we wait to hear from the development team.
Maybe coin is death because its dump 800 to 1 satoshi & no new updates
Clearly someone is selling massive amounts of XRY. We could sit around here and hypothesize about who and why they sold all day. The only one who knows the true reason why - is the seller. Personally, I saw it as a buying opportunity. The Royalties brand and image is appealing. The existing software and system works. I think the coin has potential in spite of this recent price flop.
I'm not excusing the developers absence - for certain we would all like to hear from him, but really - why should the developer have to report to this or any other board? (other than his foundation board)
This coin appears to me to still be working as designed. The equipment that runs the coin block chain is still powered on and executing transactions.
Check out this video from August:
https://www.youtube.com/watch?v=mMlz6gtRCsM In it the developer clearly says that he is going to focus on coding. Anyone actually stopped to think that is what he is doing?
My only advice to the developer is this - if you say you are going to do weekly, biweekly or monthly updates. Put it on a calendar and do it please. Or just simply don't make promises...
When the power switches OFF - I will know that I need to write this one OFF... Until then...