[ANN][ELITE] Ethereum Lite | FIRST ETHEREUM CURRENCY | LOW SUPPLY | YOBIT | CMC

[roastedparsnip]

So guys is this coin done? Will it recover or not?

I am also of the opinion that it will recover.

Other coins have also suffered hacks in the past and gone on to recover very successfully.

I know that the famous Ethereum hack was very different from what has happened here but it has a similar impact on investor confidence.

Some people might be worried about the developers motivation to continue considering they now only have around 8000 ELITE but I think this will motivate them even more to succeed and make their coin valuable.

[1anton12]

lol yall said it was gonna moon so i bought 300 and yall bail out pussies

[ttsyre]

So guys is this coin done? Will it recover or not?

I am also of the opinion that it will recover.

Other coins have also suffered hacks in the past and gone on to recover very successfully.

I know that the famous Ethereum hack was very different from what has happened here but it has a similar impact on investor confidence.

Some people might be worried about the developers motivation to continue considering they now only have around 8000 ELITE but I think this will motivate them even more to succeed and make their coin valuable.

Thanks, do you really believe that it is a hack? A lot of people saying that it is scam. Ethereum hack happened in 2 years after launch. ELITE hack - in 10 days.
How much ELITE was stolen btw?

[Tadzka]

I did not dump any of my coins, even though I bought em.
All we need is communication from devs, just lighten things up

[SummerSTL]

This forum is almost a carbon copy of ECash and ebitcoincash a week ago. Y'all have been Kerler-ized

[wojteks102]

Is there any official statement about last day action? What are the plans right now for development of this token?

[Tadzka]

Is there any official statement about last day action? What are the plans right now for development of this token?

They don't have access to twitter or telegram, as they say.
That's why there is no statement at all.

[treepixel]

Is there any official statement about last day action? What are the plans right now for development of this token?

They don't have access to twitter or telegram, as they say.
That's why there is no statement at all.

I've offered to post their statement on reddit but so far no response.

[roastedparsnip]

Total Supply 1 Million.

900k airdropped

Dev had 100k total.

They've paid out maybe 20k to 30k in bounties (they were still sending out bounties on the day of the hack).

They said they've recovered one wallet with 8k.

This puts the stolen amount at around 60k to 70k ELITE depending on the exact amount that had already been paid out in bounties.

Put yourself in the shoes of the developer. If you were gonna scam then you could pull the exact same move in another two weeks. All the signs were pointing towards a big price pump.

Investor confidence was high, awareness was growing, more exchanges were expected to be announced and volume was exploding.

If you're gonna scam then would you do it now for a potential $60k or wait a few weeks for $300k plus?

[treepixel]

If you're gonna scam then would you do it now for a potential $60k or wait a few weeks for $300k plus?

You have that the wrong way round.
It's a guaranteed $60k now or wait for a potential $300k plus.

[cmyers27]

Do you know these facts:
- cost of one year of domain name like .com or .org is 9$/year
- cost of a website like ethereum shit we have here is 40$ max. Time to get website ready: 2 hours max.
- domain name infos shows that owner paid for a service to hide his identity
- website has no 'team' section

After this, if you still think you can buy beans with this shit, make my day and say Yes. Scammer must be watching this thread for sure. Half laughing loudly on all these morons who believed and still believe in his scam while his other half is freaking out like any thieve...

[arnew1]

Accounts will be recovered. look at LTG was 1400 at low point. Hour after accounts recovered price was 50000. Will happen to this coin too, im buying all atm

[lahadema]

Total Supply 1 Million.

900k airdropped

Dev had 100k total.

They've paid out maybe 20k to 30k in bounties (they were still sending out bounties on the day of the hack).

They said they've recovered one wallet with 8k.

This puts the stolen amount at around 60k to 70k ELITE depending on the exact amount that had already been paid out in bounties.

Put yourself in the shoes of the developer. If you were gonna scam then you could pull the exact same move in another two weeks. All the signs were pointing towards a big price pump.

Investor confidence was high, awareness was growing, more exchanges were expected to be announced and volume was exploding.

If you're gonna scam then would you do it now for a potential $60k or wait a few weeks for $300k plus?

Well said.

[roastedparsnip]

If you're gonna scam then would you do it now for a potential $60k or wait a few weeks for $300k plus?

You have that the wrong way round.
It's a guaranteed $60k now or wait for a potential $300k plus.

If I was greedy enough to make a living from scamming people then I'd also be too greedy to give up the potential of $300k plus.

$60k is a few months worth of coke, whores and fast living. Even less if it has to be split between a group.

$300k plus can change most people's lives.

[Billionare-club]

When will the next coin pump? I'm waiting for 5 bucks

[treepixel]

If you're gonna scam then would you do it now for a potential $60k or wait a few weeks for $300k plus?

You have that the wrong way round.
It's a guaranteed $60k now or wait for a potential $300k plus.

If I was greedy enough to make a living from scamming people then I'd also be too greedy to give up the potential of $300k plus.

$60k is a few months worth of coke, whores and fast living. Even less if it has to be split between a group.

$300k plus can change most people's lives.

It's a bit of a catch-22.

The only way to get value up is to hype the coin and make twitter posts about 'really cool upcoming news tomorrow guyz!". You need to take your money as soon as the market responds to that news else you're gonna get called out the next day and the price drops.

(I'm just talking about scamming generally, not specifically ELITE)

[ethereumlite]

Some updates: we managed to recover our ethereumlite@yandex.com email. We're still trying to recover our google account/email to get access to our other accounts.

[cmyers27]

Some updates: we managed to recover our ethereumlite@yandex.com email. We're still trying to recover our google account/email to get access to our other accounts.

If I meet you someday, I eat you with salt although I lost only few $ in this scam.

[arnew1]

Good news, coin will pump to 3$ when everything is recovered.

[cmyers27]

Good news, coin will pump to 3$ when everything is recovered.

And you created this newbie account to continue scamming... mother fucker. What next? Username arnew2, arnew3... why don't you tell morons who still hold that you partner tomorrow with NASA? They willebelueve it. That way you dump more at 2$. Better than 1$ little scum.