CWC has taken a massive dump in price on bittrex...
damn...
Yes, as with other coins I have seen the same thing happen to, the price is reflecting the poor efforts of the coin's development "team".
Considering the developer has dodged direct questions regarding plans for the coin for months now, we can all safely assume the project has been effectively abandoned. Obviously, people are feeling the same way and acting accordingly on Bittrex.
If a company met their shareholder's warranted questions with silence, would anybody be surprised when the shareholder's dumped?
It is
well past time for new developers who give a shit, or have the time to give a shit. There are plenty of people out there who would do a better job of up-keeping and promoting this coin. At this point, a monkey with a sign on it's back could do a better job of promotion. This is pretty much inexcusable, considering the coin developer supposedly works for a MARKETING FIRM.
One thing that bothers me is why anyone would spend MONTHS slowly attempting to fix coding issues, only to just walk away when it seems coding issues may finally be fixed. Why even bother fixing the wallet if you are just going to walk away from the project afterwards?
The potential for this coin was so high, which is why its slow death has been so sad and frustrating to watch. I hope it one day finds the sun again, though "hope" is just about all this coin has supporting it right now.
Posts like this come from months of frustration of watching your investment go to shit and getting the run around from the investment developers all along the way. Lots of "next week", or "when he gets back" stuff. If ANY substantial effort was made to further promote and expand the coin, you would soon see the cheer-leading posts start to replace the sad/frustrated/angry posts.
That being said, I have been impressed by Doabiitofgood's stepping up to include a floundering coin in their efforts. I only wish the actual development team for CWC was as dedicated!
Good luck to all fellow bagholders. Apparently, we're gonna need it.