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Author Topic: CageCoin had its Dev come back, release a pool, and use it to steal mined coins  (Read 867 times)
eon89
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January 30, 2014, 05:40:47 AM
 #1

Coin forum thread: https://bitcointalk.org/index.php?topic=394958.0

Series of Events basically went like this.

1. Cagecoin is created

2. Dev disappears after 6 days

3. Dev returns after 21 more days with a single post of an official pool

4. People complain about official pool not being possible to cash out from

5. Website and block explorer go down.


Basically if you have the coin your options are hope someone comes into to take over the coin or cashout while you can.

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eon89
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January 30, 2014, 02:21:37 PM
 #2

Unsurprisingly coin is dropping back to pre-dev reinvolvment price.

blandana
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February 06, 2014, 12:23:53 AM
 #3

And soon no one will be able to get it anymore and the price will go through the roof :|
hearnomore
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February 06, 2014, 12:24:01 AM
 #4

If you do a whois on the domain name, you can see that the company that manages Nicholas Cage has seized the domain name... I would bet that the original dev has received a court order demanding the end of this coin and he/she ignored it.

http://www.dnsstuff.com/tools#whois|type=domain&&value=cagecoin.com
st0ned
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February 06, 2014, 12:39:08 AM
 #5

Yeah fuck CageCoin. Assholes promised 50k CAGE for tasks which they never paid out on. That left a sour taste in my mouth since the start and I stayed away. Glad I did!
vsmamm
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April 17, 2014, 02:40:31 AM
 #6

CageCoin on coinmarketcap.com finally!

http://coinmarketcap.com/volume.html#cage

you can trade cagecoin on
https://coinedup.com/OrderBook?market=CAGE&base=LTC  Wink
the price is very good for buying.

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April 17, 2014, 03:33:45 AM
 #7

You dont say
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