Congrats to all ICO "investors". Price went through 200 sat, short term target is 100 satoshi and probably 0.
Never buy russian ICO. It's always a money grab, then scammers will blatantly run or continue feeding you with bullshit like "we want to make a product done". The product is always a bullshit and no one really interested in it and of course "product" does not cost the amount of money raised and never will even if it will be trading on NASDAQ or NYSE. All ICO "investor" want is a hype and pump, it will never happen with russian ICO. They are just not capable and not interested in bribing a bucket shop like binance or even cryptopia (lol). The tradeogre was probably a trick in order to kill it and render DOA. It's like getting rid of evidence. If they run it's a crime, failed project is a failed project, basically less years in a jail in worst case.
Also, I heard they are going to pour extra shitcoins on ICO suckers if this crap will not pump to ICO price this year. It will indeed hurt not only ICO morons, but also it will hurt those who think this coin is cheap at current price (> 90% discount from ICO).
But it wasn't even a Russian ICO. It was run out of the US. Both the founders also live in the US, were educated in the US and have extensive professional backgrounds working for US companies.
EXACTLY. U.S.A education is some of the worst in the entire developed world. It explains why none of the numbers really add up properly. The product exists, but it's barely online and the market was built on numbers that make little sense to the public.