i think we can declare this coin a SHITCOIN!
Nah, I wouldn't be too quick on that. The demand for news and development milestones these days has just become absurd. As soon as there's a silence of half a day people shout scam and what not. That's just retarded.
I agree, although I understand why people freak out like this. Remember TorCoin? Yea, I got burned on that one. The dev just disappeared. Actually, didn't buy any... thankfully, but I did mine tons of 'em. It was a waste of hash power & I feel bad for people who actually bought them.