The coin value has dropped over 95%. I'm not sure if there's a better time to find a new development team. Logging in and saying nothing might be hurting the price more then just not logging in. Anyone can roll back. But the community has to adapt it. Yes, if the original developer comes back it might split the community.
We should set up a FAC Escrow. Development team gets paid in FAC. Those bagholders with massive FAC will have more incentive to donate. But we have to decide who make the decision of which development team to go with.
Has it lost it's value? I'd beg to differ. You could also say it has never reached it's potential value. My view on this:
If you look at the point where this coin hit mintpal, it was about 400 to 500 satoshi. Then it grew to around 1500 to 2000 satoshis in a very short time. After that we all know what happened. The coin got 'abused' and once some people found out it couldn't be abused anymore (imho because too many people owned it and there wasn't much volume on exchanges) it was left to rot. Leaving it at the point where it is now, around 450 to 550 satoshi with a lot of angry people who had high expectations and invested a lot of BTC when the price was 2500 to 5000 satoshis (I recall; "BC and FAC, the King and Queen of the AltCoins").
So we've learned our lesson the hard way - we got pumped and dumped - (once again hehehe) and we're back where we were. Now let's cut out the negativity and sarcasm and get this coin back on the road :-)
Who can set up an Escrow and find the things out that need to be found out? I'm happy to throw in 10.000 FAC if this plan can work. I think 10.000 FAC can easily translate to 3 to 4 BTC in time.
Update: I've asked the bitcointalk moderators for a way for us to change the OP. Updating the title and that thing with recent events and plans will at least give a bit more trust to this coin.
I don't think there would have been a "dump" if the dev didn't abandon us. The price hit 4200 sats off just his 1 BS announcement. We'd be sitting here at least 3000 if the Faircoin dev would just show up and talk about plans.