Nope, not looking good is it?
These scammers are real weirdos.
But I wouldn't say this was all a total loss.
We did get this great post from roastedparsnip.
roastedparsnip please don't ever leave the forum and post more often!
Brief Summary:
* Coin launched by airdropping 900k out of 1m total supply
* People got pissed off at missing out and demanded a second airdrop
* Dev decided to do a second airdrop with 50k of the coins that weren't sent in first airdrop
* 5000 people applied, many of those being scammers with multiple accounts, so the dev decided to pick 200 out of all the legit entries and send them 250 coins each.
* Upon hearing this news the Govts. of India, Phillipines, Indonesia and many other nations urged their citizens to unite and invade the Telegram group for this coin. With their combined brainpower they managed to create their own language which spans many cultures and conveys depth and meaning beyond the comprehension of the Western brain, despite consisting solely of the phrase 'When I receive airdrop?'.
* Coin ends up on CMC as well as Yobit and EtherDelta.
* Passionate community helps boost the price to an ATH of $1.30 usd.
* Just as the coin is ready for a big pump, Dev get's hacked and loses approximately 70k coins as well as access to email, twitter etc.
* Sophisticated investors who 2 days ago were predicting $50 price before Xmas are now making threats to put salt on the developer and eat him. Even though they apparently only lost a few $ due to their sophistication.
* Salt futures are up 20% in overnight trading
* As for ELITE, pick a side. Either you think this was all a scam and the project is over, or you believe the developer when he says he is sticking with the project, in which case you might see this as a buying opportunity.