It would be nonsense were it not for the fact that Battlebit is still in Early Access. Being Early Access implies regular updates and the fact the game technically isn’t released yet. There are still bugs and balance issues in Battlebit that remain unsolved.
You are right that people lose interest but the majority of players wouldn’t have lost interest if updates kept coming to this unfinished game, or at least if the developers kept their promises.
Oh yeah there are plenty of way worse examples. It’s just such a shame because Battlebit had something going for them and then they messed up like this. Many developers would kill to have a faction of the exposure Battlebit had.