They wont approve it until after launch and see it on an exchange. Interesting considering Android approved it already and its in the app store now, even though it doesnt do too much until launch.

Paper wallet, launch as well

82 BTC
1703 ETH

In two days, with 43 days to go!!

I

Thanks for the comment

All of your issues have been addressed recently upthread, and some on this page, however it is good that you took the time to let us know whats on your mind in relation to Electroneum.

Overvalued would mean you believe that it wont be worth more on exchanges than $.01 after launch Nov 1st. Considering some of the misinformation out there I can see why.

The team doesnt keep any for themselves. They have to buy into this themselves. Zero premine for the devs. Unsold coins are added back in to be mined. None stays out and that is in the whitepaper.

But that is not what people who are purposefully fudding Electroneum have to say. Rarely will someone actually research and come back and make an accusation that any coins are being held by devs, or whatever else they dream up, unless they are part of a competing coin. If you check their recent post history, youll see they are part of another ICO. Many times you dont even have to check, as they have the coin in their signature lol.

There are 20 million put aside for bounties, and that happens either way no matter how many coins are sold. This represents .0095 % of total coins.

Its funny that there is still a notion that the Electroneum mobile mining app will drain the battery.

That is simply not true. The innovation here is the fact that Electroneum doesnt overly drain the battery or damage the phone.

Why Electroneum? What makes you different? Why buy?

This is the reason. You have a phone that mines and it doesnt put stress on your phone like the miners out now.

The innovation gives us first mover advantage. We are the first and the only coin that can be sucessfully mined on a mobile phone.

Notice I said "successfully mined".

Plenty of apps have tried it. The most popular one is minergate.com. They try to have the users of their app mine regular coins. The problem is the people trying to mine are trying to power the blockchain. That takes a TON of power to do. Doing this would destroy a phone no problem. You cant mine any crypto right this minute successfully without putting your phone in serious risk or frying it. You definately cant make money at it.

Electroneum took the cryptonote algo and modified it into a twin algo with a special processor that allows those who are mining the chain on their home computers to power the blockchain.

The cryptonote basis used for this coin was already designed with the intention of stopping people from using specialized mining computers called ASICs. Cryptonote doesnt use miners like Bitcoin and is specifically made to have a regular computers mining it. Electroneum will have those people powering the blockchain with their home computers just like all cryptonote based coins, but only Electroneum can be successfully mined on a cell phone, in the background, or you can play the game to mine slightly more.

Those mining with a cellphone will not have the load of keeping the blockchain alive and can mine coins without the stress.

Yes, the team is made up of good marketers. That one even the trolls have a hard time trying to gloss over. Its smart you checked and didnt take their word for it.

Is the idea unpolished? Doesnt sound like it does it?

Thanks again for coming and voicing your concerns, as this thread is the place to do so. I hope you go give the whitepapers a read. There are two. One overview and the other a technical whitepaper.

They are adding the logos of Ethereum and Bitcoin and those are where they will go.

First sentence "scam", "no product", "no innovation" and "no value"

All 4 of these are not things that are under the "opinion" category.

ALL 4 of these things are either YES or NO, ON or OFF, etc.

So the FACT that you were incorrect on ALL 4 only means that:

1. You have us confused with something else

2. You are lying

3. You misunderstood what you read

It can only be one of those 3 things, because you are definately incorrect. Like I said these 4 things are not in the "abstract" category.

"Scam"
This would mean that people are not going to get what they were promised and some level of fraud is/was involved.

That is simply not the case here. Everything is above board. You can be sure everyone involved will get what they were promised.

They have offices in England
The dev is the founder and CEO of a marketing company that is valued at 50 million dollars, and has clients such as Avon and Herbalife for example. He is not throwing all that away for a crypto scam.

"No product"
This is actually a token sale that had a working product prior to the start of it. There is already an App on the Andriod market.

"No innovation"
Any time something is a FIRST, Id call it "innovation".
This is the first time that anyone has made a coin that can be mined by mobile phones. We all know the debacle called Minergate, which is the App that tries to mine cryptocurrency on a cell phone. We all know the resources needed to mine coins as they are made prior to Electroneum. Minergates reviews are riddled with horror stories of phones being ruined and very few coins actually being mined.

Electroneum had to "go back to the drawing board" to avoid the same fate, if they were going have phones successfully mining cryptocurrency.

What made that possible is they were starting from scratch. In doing so, they were able to create a crypto that COULD be mined by a mobile phone or a regular computer. What they did was create a twin algo based on cryptonote that allowed the regular computers mining to power the blockchain, and those on mobile phones to generate coins without using the resources on the phones in a way that did any damage to them whatsoever!!

This I would definately call INNOVATION!!

"No value"

This is simply not true, although this might be closer to an opinion than the first three, it is still provably false as there are already many people behind it. It also has over a HALF MILLION dollars raised in the token sale. What amout of value it truely has will be decided by the markets on Nov 1st.


So, considering that the first line of your post was incorrect, Id invite you to read or re-read our ANN thread and technical white papers and let us know what you think at that time.


Thanks

They are in talks with all the exchanges. Bittrex I would say will be on board. No reason it wouldnt that I can see. They list you for free or you pay a small amount. One way or the other it will happen

Thanks iram3139 for the support.

I see a bunch of new faces!! Welcome aboard!!

Thanks for the support everyone. Exciting times!!

I understand if youve been here awhile that seems high.

Think of it under the light where you have a dev that handles the marketing in his own company for Herbalife, Avon etc.

There are already Electroneum ads out on the internet, right this minute, on mainstream news websites for just one example.

This project is much, much bigger than bitcointalk.org.

This is what everyone has been screaming for all along. Marketing, marketing marketing!!
That's what we are getting this time.

And NO, Im not saying that anyone needs 40 million for marketing. My point in mentioning that, is IF we make the goal of  40 million, and have a marketcap when the coins are still $.067 a piece, that will be the optimal situation.

This is the plan for 40 million





And if we raise even half that, many of these things WILL occur.

The dev deals with large multi-national corporations already. One of his friends that has tweeted hes on board is Duncan Logan, the CEO of RocketSpace (Spotify, Uber, etc).

These guys know how to deal with these big players because they already do.
 20 to 40 million may seem like a lot, but not when you are setting up a system that can actually do the things they say.

This is a project that has actual plans to make MASS ADOPTION really happen.

Like I said, you go out on the internet and youre going to run into Electroneum. They are not on every site, but they arent joking around either. Keep in mind the token sale isnt even close to these numbers yet, but its going well.

The info I just posted is also on page 1 of this thread.

Check it out for info on what the direction will be if we raise less.

Yes, you can still mine on your phone while you sleep. You can mine with the app for bonus coins if you want to as well.

All the rest, and I mean all, go back in to be mined.

Money tranfers were scrapped before ICO for safety

79 BTC
1630 ETH

Right now it it is easier for investors to get in without 2FA.

Until Nov 1 when we launch, no coins can be moved. Transfers are "disconnected"

Once launch occurs and transfers are turned on, 2FA will be turned on as well.

Lots of bad imvestments out there, but I am confident in this one.

http://financemagnates.com/thought-leadership/industry-poised-welcome-newest-cryptocurrency-electroneum/

Thanks

5000 investors