And what happens when the dev team resets the chain? All the wealth would be lost.
don't think you've been listening in class today
Then please explain...
It's really be said so many times, even in this thread just one page lower.
They don't "reset" the chain, they change the genesis block, which creates a NEW chain. The old one still exists, nothing changes about that. They just make a new one in an updated version of the client. Actually there is work right now to make it so that you can optionally switch between chains within the config of the client. Very handy for people who want to try different things on different chains that multiple people are mining, without needing to start from scratch.
So no. Your coin does not go "poof".