not sure whether it is written, this is indeed a scam, there is a turkish group behind it. they even founded a local ponzi-like structure. there is a voice message from the head guy which is being circulated on the internet recently. very funny, he is trying to convince people to hold their coins after the recent price decrease and even buy more as much as they can, giving his ethereum address bla bla. he defines the recent price decline as an attack from "the big whales" who know that etdh will be the future and will be $100, $1000 and $10000 gradually, try to get etdh from the lowest price, lol. trust me, the voice message is real, nobody can speak such ridiculously & funny about ethd for 8 mins!
Any sources? It is obviously coordinated market manipulation by the top holders of the coin - probably to accumulate as much as possible for as little as possible since there is a buyer for every sell going on at Coinexchange.
I'm really curious as to the Dev's absence though - it would be a interesting excuse if he says "We didn't want to announce until we were absolutely sure of X and it took a bit longer than expected to get that confirmation."
Smell some manipulation! 20k re-entry point? Any one waiting for a lower price?
Everyone is calling this a scam at this point. The evidence is everywhere now.
Apparently there's still alot of undecided bag holders. Some got in at 100k, 90k ... Once they break, the price will go down to oblivion.