Every post from the ElasticCoin account was subsequently deleted from that thread (presumably when they realized they'd messed up and that there was no way to hide how shady the whole thing was), Lionel Keys disappeared (abandoning a project he'd supposedly spent months working on and preparing) and Evil-Knievel suddenly emerged as project lead.
I haven't enough time to dig through it, but here's the original thread. Evil-Knievel has also deleted every single post he made in that thread, though enough of his and ElasticCoin's original posts have been preserved in quotes in replies to show you what's going on here.
Deleted original ANN:
https://bitcointalksearch.org/topic/relaunched-completely-1362006
Quote from: Evil-Knievel on February 19, 2016, 09:46:04 AM
I am currently invested in this coin with a total of 6.8799 BTC.
A very clear scam.
Devs remain anonymous today. Some people never learn...
You must be new here.... community takeovers happen all the time. Sometimes, they are very successful.
It doesn't matter if a coin's beginnings are questionable... take a look at Dash, it's as sketchy as it gets.
They have demo'd a working product (something golem has not done because golem is vaporware), have a low cap, and the chart looks nice.
That's why I bought.
Golem never demo'd a working product? Is that the level of research you've done on XEL? So little that you don't even understand their main competitor?
XEL demo'd a crappy Bitcoin miner in 2016 and they've been parading that same video around since then.
Looks like they're making tons of progress on GitHub though: https://github.com/elastic-coin/elastic.github.io/graphs/contributors?from=2017-04-09&to=2017-09-12&type=c
Oh wait... it's practically dead.
OMG look at the price, your FUD is working!