Its not dead...its been out less than a month (although that is a long time for the crypto world). Although it is sad looking at price...one is foolish to think any coin is dead with a community like this and the exchanges that are willing to list it..I am neutral on this coin. I only hold 2000 SMC for fun. But seriously..those thinking that a coin is dead just because of price drops like this should just quit the crypto world.
no its dead because the community is pretty stale except for the few who keeps saying its a 3 week old coin so it'll be great blah blah, the dev is really great (most coins community think their dev is satoshi reincarnated), it's fair and transparent (plenty of alt/crap/shit coins that are like that out there), it's got great potential (which alt doesn't think that?), and most of all it's name (really?)
you guys keep preaching it'll be back from the dead (Yes it's dead) yet the price keeps sinking. so either you know something that I don't in which this case I just think the devs + a few insiders are trying to slowly offload their holdings to bag holders (ie general public who buys into this crap they're feeding: see above)
anyway these are just my sentiments. I'd be happy to make a huge loss and sell off my 18200 smcs or so for 2-2.5 btc. Any takers?