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1881  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 04:57:50 PM
You miners need to be patient. You will never be able to mine hundreds of coins within the first few hours the ETN Blockchain went live.

You should be happy mining small amounts now on your phone and PC. By the end of the year each ETN WILL be at $1.00.

So even if you can mine 10 coins a day total that is $300 profit per month. Use others computers and you can make $1000 plus per day depending on how tech savy you are and you internet electricity bill.



coming from a guy ref'in bitpettite in the sig  Huh Huh
I mined 32k within the first 24 hours and instantly cashed out for .6btc
Good for you, you can buy a new mining ring now and try to find another new gold coin Grin.
1882  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 04:46:58 PM
If i was a miner, i would dump too before the price drop too much and get more BTC. Congrats to the first miners. But they didn't help transfer the ICO coins as the coins are blocked.
I don't understand why it was so easy to mine and the difficulty so low. But good for the first timers. It is not easy to find a coin to mine and get lots of profit. They were lucky.
lol at people trying to say mining coins is a horrible thing. Go back to your ERC20 (Ethereum) icos. Which by the way dont have a REAL blockchain like ETN

.........
Example, Bitcoin is a good coin would you say? Guess what, it has its own blockchain that can be Mined

Agreed but BTC has a max supply of about 21,000,000 whereas ETN is ridiculous. The mining in and of itself is not a problem but the flood of free coins which drives demand down, and in this case will keep it there for a long time. If I mined 50k of these within last 2 days i would be dumping as we speak. Miners just taking advantage of a flawed AND horrible ICO.
1883  Alternate cryptocurrencies / Altcoin Discussion / Re: Electroneum Mining is live! on: November 02, 2017, 04:26:56 PM
I hope the value won't decrease too much. Because it is steadily decreasing... When investors are going to transfer their coins, maybe it will be only 0.05 cts or lower?
But congrats to the first miners who received a golden bag.
Any idea if there is a maximum of ETN that can be mined? The concept sounds great but if we can mine forever the value will be not that high... 

A quick search led me to this:
https://coinmarketcap.com/currencies/electroneum/

For your easy reference, the max supply is 1,000,000,000 ETN (21 Billion). A bit too much if you ask me but hey. It turned out to be a profitable coin. Congrats to all ICO investors. Too bad they can't sell their ETN yet.
1884  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 04:19:45 PM
I think the golden day to mine this coin is finished. You won't get a bag of coins like the first one. And the coin value is decreasing. Too many people are mining now.
I'm Going to try mining this coin.
good thing it's cryptonote Cheesy
Keep up ETN Team. way to the moon!
1885  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ELECTRONEUM SPECULATION THREAD on: November 02, 2017, 04:15:54 PM
If i was a buyer, i would only accept to buy it below 100 satochis... Because it could be mined so easily it doesn't have a lot of value.
1886  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 04:08:24 PM
I think some miners will leave after if there is no more profits to do as the coin value will decrease and the mining difficulty is increasing. They did give a big gift to some miners.
Great news for Electroneum! Adding another good (not #1 unfortunatley) exchange today!

what the fuck use of this exchanges...if u dont have u r coins released yet.

What does it matter if we dont have our coins today or tomorrow? Its not like the price will go down.

This is an exciting project, so much upside. The DEV. Team isdelivering!

Do you not get it? Big gpu rig holders and farms have and are mining the shit out of this coin and dumping it at the exchanges.

Are you really this naive to not understand that? Have you heard of Supply + Demand? When the supply is much more than the demand then the price will hit the floor.

Majority of the miners dont give a fuck about the project and will dump all the coins they mined at any price they like BUT INVESTORS do.
1887  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 03:30:58 PM
They could mine it to send the coin to people before opening it to miners, no? Or maybe the strategy was to tell to people that the miners support this project and that the blockchain won't die?
I don't know how they decide this.
I think the majority of investors won't dump all their coins. But i think it was not a fair start to release the mining for CPU and GPU before the release of the ICO funds and the release of the Mobile mining.
It is not fair for the people who are not in the technical field for mining.
But it is great to see that the price of this coin is actually very good. And we all hope that it will increase.
if mining is not up and running how can they send the coins to you form the ico
1888  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 03:22:03 PM
I think the majority of investors won't dump all their coins. But i think it was not a fair start to release the mining for CPU and GPU before the release of the ICO funds and the release of the Mobile mining.
It is not fair for the people who are not in the technical field for mining.
But it is great to see that the price of this coin is actually very good. And we all hope that it will increase.
1889  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 02:44:29 PM
I think the miners succeed to mine thoses coins in one day. They were maybe not a lot so each one got a huge amount of ETN. I think some people succeed to get near 0.5 BTC.
I am afraid that the mining with smartphone or with the CPU is going to be impossible as the mining difficulty is rising and the number or miners too.
Don't sell low your coins. Be patient and everyone can make a good profit i think.
The amount of ETN coming into cryptopia is concerning. It's not all from 1 days mining surely? And no one else can access their coins. The devs need to get onto this and communicate better.
1890  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 02:19:58 PM
Yes, the miners are trading...
The most over-hyped coin, Electroneum [ETN] just hit exchanges on Cryptopia. I just amazed, It's trading at about $.25 worth of usdt. The company has not released the wallet yet so probably only people trading are miners. Is not it?
1891  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is etherum's price dropping? on: November 02, 2017, 02:06:12 PM
People are selling ETH for BTC...
1892  Alternate cryptocurrencies / Altcoin Discussion / Re: What scares them the most? on: November 02, 2017, 02:04:22 PM
They think it is a ponzi scam and they are afraid to lose money.
1893  Alternate cryptocurrencies / Altcoin Discussion / Re: Electroneum now valued at 11 cents?? on: November 02, 2017, 02:00:28 PM
First sellers==big profits
The price is dropping little by little. I don't know what will be the price when we will be able to transfer our coins for the ICO.
1894  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 01:56:34 PM
2 millions ETN are already being sold on Cryptopia... It is a coin for the first miners. I don't know how many coins were sold in the ICO... The price is falling little by little.
Who in in their right minds are placing buy orders at such exhorbitant prices on https://www.cryptopia.co.nz/Exchange?market=ETN_BTC
Can't they just wait for the bounty hunters and the whales to dump their bonus coin?
1895  Economy / Trading Discussion / Re: Bitcoin up Altcoin down | what is your trading strategy? on: November 02, 2017, 01:34:44 PM
If i want stability, i would buy Dogecoin. But if i want to earn more coins, i would buy BTC. Dogecoin is very solid compare to other altcoins (it's value doesn't change a lot), BTC is very strong and a sure investment.
1896  Alternate cryptocurrencies / Altcoin Discussion / Re: Can ETH match the BTC? on: November 02, 2017, 01:29:37 PM
If they make forks like Bitcoin and distribute free coins, Ethereum can grow bigger. But they don't do it and may not do it.
I don't see that the actual Ethereum can match Bitcoin. Bitcoin is too popular and more used than Ethereum. Except for ICO.
Ethereum needs a lot more support if it wants to go up.
1897  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 01:21:26 PM
I think, it is better to buy a machine to mine than invest in an ICO that propose mining coins next time...
1898  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 12:43:00 PM
If you go to the Exchange:
https://www.cryptopia.co.nz/Exchange?market=ETN_BTC
Millions of ETN have been mined and are being sold... And still no coins for people buying the ICO.
1899  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: November 02, 2017, 12:10:59 PM
But usually, miners can't get so much profits in just one day. Everyone i think would have been happy if we were in their place. But it is strange for an ICO that something like this happen i think.
I didn't see other ICO like this. I too mine, but didn't mine Electroneum and didn't have the time to do it. Everyone want some profits and it is there right to do it. I don't complain that they get profits,
but it is not very nice for the investors.
LOL at the those complaining that the blockchain should first go live, ico investors transfer their coins to the exchanges, then finally allow miners to mine Shocked

Lots of loathsome comments regarding mining as if they are leeches.
Miners are the ones PROTECTING the blockchain. They add and verify/confirm transactions.
Want to transfer your coins from ICO website to exchanges? If it were not for the miners, you will not be able to do so.
I am not a miner but I appreciate the value they are adding to the blockchain.

This is the miner's hour. I say let them indulge.

The mining difficulty is too high now. Some people are using GPU to mine Electroneum.
i have been using the beginner mining pool software from electroneum to mine the coins for one full day but when i checked my CLI wallet, the balance is showing zero, unlocked balance is also zero, what went wrong here? I am sure i entered the correct public wallet address. i selected asia pool in the mining software, in the CLI software, do i need to issue command to select which pool i am using?
1900  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin going on fire! on: November 02, 2017, 12:00:33 PM
It will surely crash, but i don't think BTC will crash very low. Altcoins value won't succeed to return as after the Bitcoin Gold fork i think. It will be a little like after Bitcoin Gold. Bitcoin didn't crash very much. But i may be wrong too.
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