maybe its a tactic to get the difficulty low so he can mine allot.
Or we are delusional and losing all our money.
Probably smart coin haters. SMC will eventually go up, i wish I had some btc to buy more. Got 10k but bought at a high price, I know I'm going to regret not buying at this low level.
You might think I'm crazy but this happened more than once. With BBQ coin I could of bought 10k worth 30$ and didn't. 2 days later that 10k coins were worth 1500$
I then noticed fedora TIPs it was at 1 satoshi!!! it took me a day to cashout of craptsy and deposit into coined up by the time I bough it, it was at 16 satoshis. 2 days later it was at a 150.
I noticed smartcoin and invested into it too with 1.5 BTC, i could of sold and left with 4.5 BTC but I'm greedy. YES! greedy!!!
Not leaving without 10-20x my investment, either do or die.
Experiment, pump SMC just so it doubles in value so it pops up on coinmarketcap as 100-200% gain and watch the magic happen.
Look at mint coin, another billion crap coin and look at its market cap.
As long as the dev is active we are ok.
About the premine, the dev hasn't sold it. Its not her's to begin with as she also stated that, its for bounties and giveways which I think a small giveway should happen to compensate abit for people that had problems with the online wallet.