CageCoin had its Dev come back, release a pool, and use it to steal mined coins

[eon89]

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]

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

[blandana]

And soon no one will be able to get it anymore and the price will go through the roof :|

[hearnomore]

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]

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]

CageCoin on coinmarketcap.com finally!

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

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

[hashtag101]

You dont say