Maybe people lose faith in this coin. Too much is in hands of developer...
Personally, I've lost interest in it after I lost coins two times in a row. Friend had over 150 coins and he lost it after last update. May be less updates or test updates before rolling it over. Everytime there is a new update people lose coins and there is no way to get it back.
I've stopped mining it and really wasted my time in mining it for over a month.
It could be great or may be it'll be great in future but for now it's too unreliable. I'll check back once everything is stable and developers stop throwing updates on weekly basis.