UPDATE Feb 15: Operation MaxCoin Pump & PandaCoin Blitz has been stealing our thunder. Duck Commander has acquired 25,000 Maxcoins and 65.5 Million PandaCoins
For all you newbies just wandering into this thread, the above announcement is what happened to this coin.
That banner was proudly displayed on the top of page one shortly after taking all of our money to purportedly launch this coin.
So, not only are the developers crooks, they wanted to make sure to rub it in all of our faces exactly how stupid we were to trust them. They were undoubtedly having a big laugh (at our expense, of course) the day they posted that.
What might be even more amazing than that is just how stupid these people are. These "investments" were made at the peak of the pump phase of coins that the entire internet said were pump and dump coins. They came in with our money and promptly bought all of the dumpers' coins of two crap coins. Needless to say, both Maxcoin and Pandacoin both have been complete dogs ever since. Maxcoin is down about 60% since February 15 and Pandacoin is lower by about 95%.
So. while it might be humiliating to be taken in by the most moronic con men in the crypto world, there is some satisfaction that they themselves have been conned out of their stolen cash.
What might be the weirdest part, is their con was better than the one they fell for. All of the crypto community warned anyone who would listen to stay away from those coins -- Pandacoin especially. Yet, the second they stole our money that is what they did with it.
It's a case where honesty would have made them more money, but they just couldn't do it.