Bitcoin Forum

I am planning to investment in ETN now what you thinks about that and it is a right time to buy ETN? Because from Last week the ETN was going like a skyrocket in cryptocurrency market place any one suggestion me to that this is best team to buy ETN?

DYOR. You seem to have a fair have basic knowledge about the currency. And I think Electroneum is a good project with potential, and also healthy trading volume. No one can advise you to buy or not. It's your investment, so do your own research.

if you are referring to this one and not others kind of 'ETN' ;
https://coinmarketcap.com/currencies/electroneum/
i think it's a good choice,because a lot of people mining it right now. Just look at its difficulty;
https://i.imgur.com/uEFoZ3P.png

nothing could go wrong if you are choosing it at this moment,they will not mine it like a crazy if they're only wanted to dump it because it's not really that profitable compared to any other cryptocurrency.
but always bear it in your mind that everything is possible!



ETN difficulty statistic : https://electroneum101.com/statistics/difficulty.php

ASIC miners are mining it. Normal guys with CPUs and GPUs cant mine it.

ETN is total shit. If you want get a solid coin that will be worth something 10 years from now buy Monero.  ETN is fork of Monero and they use some quite old version. Not to mention that with new Monero protocol upgrade that will happen this month transaction fees will reduce by factor 8.  

Right, you should not look at the difficulty of mining as it is mined by ASIC miners. It is impossible to mine ETN with CPU and GPU.
At the start of the project and at a certain time they tried to make it ASIC resistant, but their fork didn't go well. That's why they decide to
stay ASIC compatible.
ETN has skyrocket because of a video and announcement of the instant payment. It can skyrocket if there is more adoption of ETN by more shops and people. But other projects can increase too. You never know what can happen.
You should subscribe to their newsletter to get the latest news of ETN, if you are interested to buy ETN.
Take note that KYC is required if you have more than $50 of ETN apparently if you transfer them on the mobile mining app/web wallet.

I thought that the whole niche and selling point of ETN before ICO was that it would be the first crypto to be mineable by mobile and now it cannot even be mined by CPU or GPU, LOL.

That's FOMO. You are buying when its increasing and that's not a good strategy.

If you bought when its not yet getting hyped and you are about to sell then that's good. But still go on if you think that you can appetite the risk.

Back in days, Electroneum had good hype, the community is pretty big and the project itself is really awesome. That's absolutely awesome that they brought a BETA version!
Is that right that there could be 7000 transactions per second on their blockchain? If so, it beats some even big projects in tx/s..

Man that project only had HYPE, I remember when the project was just starting and some of the team was trying to explain how it can be mined on mobiles without destroying the phones and finally, they gave up and announced that it is simulation mining they could just announce that from the start but they have a team who know how exactly to create a HYPE.

You mean that beta version that should have been almost a year ago now?

ETN skyrocket because some good news that this coin have payment adoption, richard ells etn founder wake up for 5 month sleep..

And then this coin has been dominated by ASIC miners and then it would be the next bitcoin gold. I never understand about what the purpose of this coin , remember this coin has created mobile mining and i don't get about what's the purpose of this one dude. this coin is absurd

Not really wise if buy coins / tokens that already get pumped so much, because it means you need to wait price back again. Always choose your investment wisely and try to buy coins that already down for a long time, it have bigger chance to pumped in short time.

I can't understand why the growth Electroneum? it seems that no updates were able to affect the price. Honestly, I thought it was a Scam.

don't be surprised, this always happens to altcoins, all because of the pump and look after that a big dump will occur.

There's an article created for that.

Electroneum (ETN) skyrockets in the wake of a deadly bug fix (https://www.cryptorecorder.com/2018/09/27/electroneum-etn-skyrockets-in-the-wake-of-a-deadly-bug-fix/)

I don't have that coin though its skyrocketing.

until now the team has continued to develop ETN to become one of the payment tools for stores and others may be for most ETNs, only dirt that has no price but I don't want to prevent you from investing in ETN because if the sale and purchase transaction using ETN can be received in the community and continues to grow at the industry level then we will only bite the finger with the growth of ETN prices
he he he maybe this analysis is crazy ... but everything can happen and be lucky  ::) ::) ;D ;D :D :D ??? ???

Personally I like the project Electroneum and yes, the last week it's price has increased like a skyrocket.

On one hand, it's hard to tell whether this is a good moment to invest. If you're looking for fast profit and want to take the risk, it may be a good opportunity to buy and sell intra-day or in a very short term for a good % of profit, but this strategy could turn against you if there is a punctual pump. On the other hand, if you are looking to buy for long term, I think it may continue growing like in good old days, specially if the entire crypto market makes a new FOMO like the last ATH's, because the team is active and developing the product.

it is the most spec coin of this market.
please be very careful when you buy and sell this coin.