Where is your exchange based at? Do you have fiat currencies in your system? If there's no kyc, so everyone has no limit in terms of their withdrawal capability?
Xchange.me is an exchanger like changelly, thats where there's no KYC Xult.com lets you trade 1 BTC, then KYC Steps start. |
|
|
|
ELECTRONEUM LAUNCHES IT OWN MOBILE PHONE
YES, FOR REAL, YOU ARE READING CORRECTLY!!!Story BelowHi Everyone! This email should be going out as we launch two exciting things at Mobile World Congress (MWC) Barcelona today... 1. Direct Airtime Top Up ETN can now be used to top up with airtime and data in South Africa direct with the Electroneum App. Another huge first for ETN. 2. Electroneum M1 Smartphone Launch Electroneum have launched a smartphone. Yep. That's right, a fully branded, ultra affordable, Google Approved Android smartphone - preloaded with Electroneum and ready to go. Direct Airtime Top Up - South Africa We've talked about mass adoption of cryptocurrency and how we are going to achieve it by partnering with mobile operators. We've worked hand-in-glove with multiple operators to fully understand both the requirements of their businesses and every facet of how to integrate with them. We've worked tirelessly for over a year to ensure everything we need to achieve this is in place. We overcame every challenge, launching instant payment, KYC, crypto accounting and cloud mining. Each of these was necessary to achieve our first major goal - allowing mobile airtime and data to be purchased directly via ETN. I'm very pleased to announce that as of today, users in South Africa can top up their airtime and data via the Electroneum app (click MORE then see TOP UPS). They'll need a free SIM from The Unlimited. The Unlimited are an MVNO in South Africa powered by CellC. Users can complete a form (South African users can get a free SIM within 2 hours from over 800 Click Store branches! Full details from the Electroneum App - click MORE then see TOP UPS) This is a world first for a cryptocurrency and it unlocks the first stage of the ecosystem development we have been talking about since launch. It's critical to understand that this has never been done - so learning on the ground and understanding everything that is taking place is critical. Starting small in a single city and then spreading our marketing and knowledge to a second and third city over 3 months. The knowledge we gain from this first real-world trial will be what powers us in to relationships elsewhere in the world, with solid facts, figures and know-how. Cloud mining has been made live on Android and iOS because we realised that our first iteration of mobile mining favoured people who had perfect internet coverage. Our target userbase is the unbanked - and they are often not connected to the internet 24/7. Cloud mining allows full reward with periodic internet access, which then means you have a great REASON to install the free Electroneum app. Mobile mining rewards are a fraction of total blockchain rewards, but they go direct to the user. That user can now top up their airtime and data directly from the Electroneum app if they use the free SIM from the Unlimited. South Africa is the PERFECT place for us to trial this ecosystem in the real world. There are millions of people in South Africa who earn less than $30USD per month and over 20 million earning less than $75USD per month. The first step in our GLOBAL ecosystem development is to get a working ecosystem trial in place. First give ETN a value in society OUTSIDE of crypto exchanges (remember a lot of these people are unbanked and can't access crypto exchanges). This is now in place - with users being able to purchase airtime and data directly. The AWESOME team at The Unlimited have very kindly offered to make it even MORE rewarding to purchase airtime and data using ETN - by DOUBLING the airtime and data packages when purchased in ETN!!! So what? You might ask? What does this mean? This is the START of something absolutely incredible! The first step was to get ETN to have a value outside of a crypto exchange (something that really doesn't exist with many cryptocurrencies - and none at any kind of scale). With this partnership we have achieved that. The next step is to make people on the ground not just want to cloud mine to gain ETN but to EARN some ETN so they can pay for more airtime and data than mobile mining allows. We need to show strong viral growth in South Africa (we are positive we can achieve that) and then we need to show great take-up of SIMs from The Unlimited (we are also confident we can achieve this!). Once we prove that partnering with Electroneum can grow an MVNO we will unlock many global deals that are currently watching and waiting! Remember - airtime and data are just the START. It's the first building block to the ecosystem. Everything else stems from it as it gives the first reason to want to EARN ETN. With the launch of our Gig Economy website (entirely powered by ETN) coming in the next six weeks or so we will enable people to learn and sell a digital skill - getting paid in ETN. Knowing that the ETN they get paid from around the world has a REAL WORLD value to them in airtime and data. Remember that they can top up OTHER mobile phone user's phones - not just their own - as long as that user is using a free SIM from The Unlimited. They could also potentially sell their ETN to an agent who can then top up people's phones and make a small profit (subject to local regulations). Having an ultimate value backstop of airtime and data means we unlock entrepreneurial spirit and allow people to collect other people's mined and earned ETN and make use of it in innovative ways, perhaps creating a remittance service or an ETN to cash service and vice versa (subject to local regulations of course). South African Promotion We now have a new team on the ground in South Africa who will be working closely with The Unlimited in Durban, then Cape Town and then Johannesburg to bring the Electroneum brand to the townships and general population over the next three months. It's going to be an amazing thing to watch and we'll keep you posted via our social channels of what's happening on-the-ground. Our aim is to bring growth to The Unlimited via the viral growth of Electroneum. Once we prove this symbiosis in a real world environment, we have other global MVNOs (and even a couple of MNOs) watching closely to see what success we can bring. We have a strong South African community already and you're going to see that SUPERCHARGED! Electroneum M1 Smartphone LaunchYou need to see it to believe it - it is literally jaw droppingly good looking! https://electroneum.com/m1/M1 Phone Ads
https://vimeo.com/317948693/1506b143ef
https://vimeo.com/318551240/69fb9ce5a5
https://vimeo.com/318554360/6df10da882
We've partnered with a large phone manufacturer to create an Electroneum Smartphone - "The phone that pays you back". It's got a fantastic spec including dual sim (so people can have a SIM capable of ETN top up as well as any other SIM they currently favour). It's a 4G model with 8GB of internal storage (expandable). Dual camera's, thin, light and beautiful in Electroneum Blue. We've got pallets of thousands heading out to a couple of international destinations as we speak. Why launch an Electroneum phone? Our extensive research on the ground over the last year showed us that both users AND MVNOs both get a sense of added credibility and trust from hardware manufacturers. It's not EASY to build a phone! It shows our commitment to the mobile industry and allows us to speak to MVNOs in a language they fully understand, whilst introducing cryptocurrency. From a user's perspective it allows a user to trust a new brand (Electroneum) that they might not have heard of. There is (unfortunately) still a lot of mistrust in the cryptocurrency space and we are doing everything we can to ensure Electroneum stands head and shoulders above ALL other cryptocurrencies as the one to trust for partnerships and long term business development. This is a fantastic tool for creating trust and credibility whilst also bringing a new viral growth mechanism into the on-the-ground ecosystem. Imagine the talking point of a brand new phone - and when I say it's good looking - I really mean it. It looks as good as a $1000 USD phone - but it's likely to be selling for around $80 USD (subject to individual distributors markups). The phone really is Electroneum all the way to the core, it comes with Electroneum wallpapers, an animated Electroneum start up screen and comes pre-loaded with the Electroneum App! How much is the phone costing the Electroneum Project? I'm very careful with what we spend to ensure we get the best possible value for the long term success of the project. We've spent some money to build and ship these M1 Smartphones, but we are actually selling them with a small profit. They will be a huge viral growth help - with ZERO long term cost to the project. In fact, they'll even start bringing in revenue! How do I get one!? These will first be rolling out in the ecosystem areas that we get live - but we will also be getting them fulfilled by Amazon Marketplace in the not too distant future. Anything else coming? We've been working hard for a year - of course there is! We'll be keeping it under our hats until it's all ready though! Watch this space - but know that we are totally committed to making Electroneum THE cryptocurrency of the masses - just as we promised. Electroneum has the best community in the entire cryptocurrency space and I'd like to thank you all personally for all your support and community spirit! Richard Ells Founder & CEO, Electroneum.com
|
|
|
|
only email is the way to contact your team members?
why not add linkedin profiles also. your pragmatic coders have theirs.
you are building your integrity as an exchange so i think its only fair to show your profiles.
you mentioned on your OP that theres no "exit schemes" here. not gonna happen.
prove it by providing your basic info to the public. ty
Noted, Ill contact them Be sure to check back |
|
|
|
The OP of topic you shown have still green trusted, 10 green trust points. More than one months since the hack, Cryptopia exchange has not come back to work, and the Cryptopia has not updated news about their situations, progresses, etc. I doubt that Cryptopia can actually come back someday. Even IF, and I say IF (and from what Ive heard, ETN WAS NOT STOLEN, but I dont own Cryptopia so I cant be sure) IF it was stolen, how would that be the ETN Dev Teams fault, or better yet, the Community Manager they hired for BCTs fault? Why would a problem with an exchange cause me to get red trust? Just wondering I have never done anyone wrong. It MIGHT make more sense if EXCC did something with their two exchanges, which wont happen, but that would he 1 step out 10 closer to making sense because they ARE actually an exchange ecosystem project... ...but still again I am a hired Community Manager Now IF I were to intentionally mislead the community, then yes, I should be held accountable, but nothing of the sort has happened. |
|
|
|
Russian translation reserved if you need
Send a PM |
|
|
|
This is the link to the Joint Exchange Coin Ecosystem [ANN] I just created yesterday https://bitcointalk.org/index.php?topic=5113974.msg49907631#msg49907631Im really curious to hear your thoughts on the project. EXCC Coin has created a pretty exciting projoct if you ask me. And Im not just saying that because the hired me as their CM. Their 3 part ecosystem of an exchanger, a centralized exchange, and a decentralized exchange is very interesting. They have flown under the radar somehow, because you can see that the first two parts (exchanger and central exchange) that have been finished are very impressive. They use Bitgo for their hot wallets so a hack is out of the question. Anyway, Im not telling you want to think as Im obviously bias considering I work for them, but I really want to know what you all think? Its a LOT to take in as you can see on the
[ANN] link, but keep in mind it covers EXCC coin itself, the exchanger (xchange.me) and the centralized echange (Xult.com) and their decentralized exchange thats still being developed. IF you have the TIME to give it a respectable look, I would love to hear all your feedback?? Thanks, Contraband |
|
|
|
|
Topic locked.
I can no longer in good conscience promote this project, due to unanswered questions as to where the ICO funds spent.
|
|
|
|
|
Just got brought on as Community Manager
Stay tuned!
|
|
|
|
|
HODL HODL HODL
The total MC will continue to go x10 x10 x10 over the next 5 to 10 years, just like it always has.
Of course, it will stop going x10 at some point, but the total crypto MC will be in the multiple trillions before it does slow down.
We always think the market wont go x10 and the previous time was the last time. IMO we have a ways to go as of yet, so if you have a diverse portfolio of the top 100 coins right now, and you HODL, and refuse to sell at a loss, you will win by far overall.
This is something the whales understand.
Its sad that most fall for FUD they hear, and feel that they need to cut their losses. They see the value of their assets decrease and panic sell. This is the norm unfortunately.
The same usually goes for the stock market. Your average investor plans to buy low and sell high, but they usually end up doing the exact opposite.
.
The OP would most likely do well with his plan if he can stick to it and ignore what he hears when markets are down, and simply wait out the cycle.
Your average investor just needs to remember that when the market is down, that the value of your coins are down, but the number of coins you have stays the same.
Unless the coin completely dies, or in stocks, the company goes under, the large majority of their investments will follow the overall market when it goes back up again.
Sadly, most sell when the market goes down, and then once they see the market has gone back up again, they buy back in when the price is high, doing exactly the opposite of their original intention.
This has been happening for decades in the stock market, and has continued to occur in the crypto market since its beginning.
|
|
|
|
Two billion ETN... Hmmm... What is that today, $2?
 On another note, where can I find download links to the latest Windows wallet please? There's no mention of that specific point anywhere in the original announcement post. No, and to buy that amount would cost $14.5 MILLION DOLLARS at the price its at right now.......no kidding https://coinmarketcap.com/currencies/electroneum/ |
|
|
|
Who the hell believes for 1 second that 25% of all the mined ETN were actually sitting on Cryptopia?
Seriously?
Use your heads.
there was more then 200 000 000 etn sell orders Thank you ........only 200 Million in sell orders 200,000,000 is not that big a number if we are comparing it to all almost 9,000,000,000 ETN in circulation, as that is nowhere close to 25%, and is a tiny fraction of that, and so is the number of ETN being stored on Cryptopia. |
|
|
|
I am disappointed because Electroneum is turning in to worst kind of bank. I completed level 2 and they force me to do level 3. And now I can acces my wallet and my etn coins. Not gave me any reason why... Mass adoption??? Bank the unbanked??? And now they ignoring me and don't want to gave back my coins... I did not expected that kind of behavior. I already provide my personal info, why they want mu source of income? I supported ETN from the beginning, investing (not much, when I get any money I buy some etn and now I have on "their" wallet about 9000etn) AND NOW THIS SHIT...  I understand this process can he frustrating, but if ETN is going to partner with large companies, and succeed in their plan for mass adoption, these are the steps they must take. Are you planning on selling your coins? Now the price is very very very low compared to the future. You are in the process of completing everything now and will be ready when the ETN price matches its potential * ***I am the ETN Community Manager on BCT, not a neutral mod or admin. Never invest more than what you can afford to lose, and dont confuse my statements as investment advice**** * I have invested in the ico, too. I'm still holding my bag of etn. the whole journey to the ath back to atl and i will hold for longer time cause i'm sure when the huge washout of nonsense coins and tokens is done, etn will be one of a few which will survive. I understand your frustration about the kyc thing. i'm sure they will improve the process in the future. they are trying to do some new things, so you can't expect a perfect solution at the beginning. just stay positive and watch the process.  Thanks for responses and understanding. But you understand my frustration, because of my country I am forced to do level 3 (very personal information). Of course I didnt invest more then I can lose but i beleaved that they will be diferent from banks and other unfer companies. I understand where you are coming from. Youre perception, response, and realistic expection is very patient and wise We will all benefit immensely when all the backend behind the scenes work starts to bear fruit. One of the biggest strengths of ETN and Rich IMO is the fact that public pressure has zero sway in the decisons made. Hard to even count the times Rich has taken a beating from sometimes large parts of the community when he has made necessary, but extremely unpopular, moves that will benefit ETN, and in turn, all of us in the end. This shows strong leadership and the willingness to do whatever it takes to drive us to mass adoption. He has taken "mass adoption" from the point that the term was pretty much a joke at best, and scam at worst in the cryptosphere, and made it an attainable goal again. The strategy is sound....steps are being taken...the pieces are being moved into place... Make no mistake that the road to Mass Adoption will happen in leaps and bounds.... ...and were about to witness one of the leaps |
|
|
|
I am disappointed because Electroneum is turning in to worst kind of bank. I completed level 2 and they force me to do level 3. And now I can acces my wallet and my etn coins. Not gave me any reason why... Mass adoption??? Bank the unbanked??? And now they ignoring me and don't want to gave back my coins... I did not expected that kind of behavior. I already provide my personal info, why they want mu source of income? I supported ETN from the beginning, investing (not much, when I get any money I buy some etn and now I have on "their" wallet about 9000etn) AND NOW THIS SHIT... I understand this process can he frustrating, but if ETN is going to partner with large companies, and succeed in their plan for mass adoption, these are the steps they must take. Are you planning on selling your coins? Now the price is very very very low compared to the future. You are in the process of completing everything now and will be ready when the ETN price matches its potential * ***I am the ETN Community Manager on BCT, not a neutral mod or admin. Never invest more than what you can afford to lose, and dont confuse my statements as investment advice**** * |
|
|
|
From CEO Richard Ells:
Hi Everyone!
We are coming to the close of 2018 and whilst cryptocurrency in general has had a year of turmoil, it has been a very positive year for Electroneum and I’d like to recap on what we’ve achieved this year and reveal some of what we have planned for next year. This might end up as an epic, Tolstoy length, email so my apologies if it’s too long for you – but I feel there’s a lot to say…
Firstly, let’s remember that we set out to redefine cryptocurrency altogether. Before Electroneum there were NO cryptocurrencies that were designed from the start to be widely and easily adopted. We have started to achieve the primary goal of Electroneum which is adoption. Did you know that Electroneum is the fastest growing cryptocurrency in the history of the world (I was going to say “Universe” but I really don’t know what our competitors are doing in other spiral arms of this galaxy, let alone the entire universe). Hold on! Let’s just think about that for a second! We have grown our user numbers to over 2 million holders and users of ETN in just one year. We fit the real world usage of cryptocurrency better than ANY other.
Biggest (and best) community in crypto!
Electroneum has done something here that’s never been achieved elsewhere. We have an enormous community of advocates. Users who are more than just users, they are passionate about what Electroneum is trying to do. A quick Google search of any cryptocurrency will find you some videos and some images, but with ETN there is an enormous following of hundreds of thousands of amazing people who are helping to make ETN a success. Electroneum has Fan Art. Think about that. A “boring” financial product with fan art! I’ve never seen any credit card fan art or banking fan art! If you are one of the passionate ETN believers and advocates, then I’d like to say a whopping THANK YOU to you for your input, no matter how small. You can (and are) changing the world.
Fan Art!!
Boring Statistics?
A former British Prime Minister famously quoted “There are lies, damned lies and statistics”. This is certainly true of the cryptocurrency market and as such we’ve just installed the Alexa.com (part of Amazon) certified traffic stats tool onto our website. That shows statistics for ONLY real people. You can’t fake it or exaggerate it. Did you know that if you compare the web traffic of all cryptocurrencies – we are in the top 5. If you look at active wallet numbers and actual blockchain transaction numbers, we are in the top 10 of cryptocurrencies for both. We have achieved a great deal this year, by making ETN accessible to everyone who has a smartphone.
Electroneum Lead the Market
2018 has seen us launch our Instant Payment system into BETA, be the first cryptocurrency to offer a payment integration API allowing vendors to easily accept cryptocurrency for instant transactions. We are working with the community to create easy payment plugins for all the popular ecommerce software and we’ve launched a number of them including WooCommerce which enables over 3m WooCommerce sites to accept ETN with around 15 minutes of work. I can’t overstate how important this instant payment framework is to us achieving our goals. It is a huge leap forwards for cryptocurrency. We’ve seen some great vendors come on board this year and next year I am confident we will see a huge surge of vendors, once we get live on the ground in a few strategic areas.
We are the first cryptocurrency to formally adopt KYC (know your customer – which now officially goes live on the 27th December). As the authorities of the world start to accept and understand cryptocurrency you will see why our early adoption of a regulatory framework is important to growth. Governments of the world fear cryptocurrency. We are giving them something to embrace.
We have produced hundreds of thousands of lines of code this year. I’ve seen a lot of projects talk about valuations of crypto projects based on Github Commits (this is a place where people store their open source code). Electroneum is different to most cryptocurrencies. It has both open source blockchain code that anyone is welcome to help work on AND closed source code that runs the back end such as the app, the instant payment system, and the custodial wallet system. These are the features that are making Electroneum a success and make us a real business that corporations, governments, NGOs and institutions can feel comfortable with.
The Bright Future of ETN…
This year has been a year of preparing. Growing the team (not everyone in the team wants their picture on the website – we have over 30 full time employees and access to many more part time resources).
MWC Sees Launch of Two or More Major Things…
Last year we attended MWC (mobile world congress) as the first cryptocurrency member of the GSMA. Next February we attend again (you are going to LOVE our stand, nobody has ever done anything like it!). This time we are attending with a full product and exciting news.
We launch a number of things at that show, all of which are secret for now. Two are locked in as absolutes and there are a few more than we are trying to tie in with the show! I don’t want to hint at what is coming – it’s only a couple of months before you’ll see for yourself, but it will be the base block from which we demonstrate to the business world just how usable cryptocurrency can be.
Apple iOS Launch (finally!)… and Cloud Mining too!
The first week of January will see our iOS app that includes cloud mining go into 100 user BETA. The second week we will release it to our 5000+ iOS testflight users (still in BETA) and (subject to testing) should be in the Apple Store by the end of January.
Cloud Mining for Android
Cloud mining will make the distribution of ETN much more appealing to the target audience of the unbanked. Ironically with their lower powered hardware and sporadic internet access it has been the developed world that has found it easiest to obtain some ETN. That all changes with cloud mining, where someone with the latest Samsung or iPhone will get the same value in ETN as someone with an ancient smartphone and little internet access.
We can launch cloud mining for Android subject to the successful testing on Apple devices. I think it is going to be a big success and I expect to see it on Android before the MWC show in February.
Blockchain
As you probably know we used the Monero blockchain as a stable base for the Electroneum Blockchain when we launched. We’ve been moving away from Monero and have removed many of the privacy features of Monero during 2018. 2019 will see even more privacy removed, although we intend to keep stealth addresses, to prevent vendors (or anyone else) looking into your wallet and seeing how much ETN you have – like you can with Bitcoin and Ethereum.
Some say we are not doing anything particularly different or unique with the blockchain part of our project, but the reality is that we are doing the single most important thing there is with blockchain - we are making it useable in everyday life.
Credit Card Purchase of ETN & Gig Economy
This week has been a particularly busy week with a few new exchanges coming on board and a launch of a very important part of our future “Gig Economy” system. You can now purchase ETN quickly and simply with a credit card at Indacoin (https://www.indacoin.com/en_GB/change/buy-electroneum-with-cardusd). We are working on others especially for the US citizens which indacoin currently does not cover.
This is important as when we launch our Gig Economy website in Q1 of 2019 it will enable the unbanked of the world to join the global economy when looking for work. This is one of the major areas that we see for opening up the world to understanding the power of cryptocurrency as people in developed nations become able to purchase digital services from the people of developing nations, with no barriers.
Developed nation businesses can purchase ETN with a credit card and buy software development, data entry, virtual business services, design, data research, social media management and much, much more, from a growing market of millennial entrepreneurs in the developing market. Everyone wins. You’ll see way more of this in 2019 including an e-learning system that enables those with digital skills to remotely teach others, with an ETN incentive.
As I mentioned above this should be going live in Q1 – we are trying to get that live for MWC too, but I don’t want to commit 100% to that date for this project. The good news is that we have a lot of interest in it from an NGO perspective, so when we launch it I am confident it will be a really powerful force for both enablement and empowerment of individuals but also a huge catalyst for the growth and acceptance of cryptocurrency generally.
The 2018 Cryptocurrency Market
People have been asking me “WHY!? WHHHHYYYYYY?” to the 2018, pronounced, dip in the price of cryptocurrencies across the board and I’d like to offer you my view of the 2018 cryptocurrency market and what I believe the market will focus on in the future.
The cryptocurrency markets are very new and whilst they are often compared to more mature markets, such as the equities markets, I believe there are very FEW similarities.
Some people are buying and selling cryptocurrencies based on applying technical analysis, where they look at chart patterns in the historical price and volumes to try and predict the future, others are buying based on momentum, effectively following the herd and then there are the true project believers (known in the crypto industry as hodlers!) who have bought some because they believe in the long term viability and future success of the project.
Don’t worry… I’m getting to my point…
A lesson from Warren Buffet
One of the most successful conventional traders in the world is Warren Buffet – he’s pretty good at it too, having been the richest man in the world a few times. What should we learn from him? Firstly, he’s not a huge fan of Bitcoin, in fact, he hates the stuff. Why is this and what can we learn from him? Warren hates Bitcoin because he’s a value investor, and a very good one. He doesn’t believe in chart analysis and he’s not a fan of momentum trading. He invests in PEOPLE. He invests in TEAMS and he invests in REAL THINGS.
The cryptocurrency markets are largely coupled with Bitcoin. When it moves, the market moves, and at the moment it is almost entirely driven by the herd and not by people analysing VALUE.
Herds are happy to run off cliffs as well as away from danger, hence the large swings (in both directions of the cryptocurrency markets).
Obviously, I’m a huge fan of cryptocurrencies, so Warren and I are going to differ on some views, but I absolutely know that he would look at Electroneum in a different light to Bitcoin.
We have identified and created a model for blockchain coin emissions which allows us to create a global marketing opportunity which rewards users, partners and vendors for engagement.
We have spent time building products, solutions and partnerships rather than hyping them, meaning that most people are unaware of what has really been achieved in such a short time.
The Electroneum team are fortunate to have considerable relationships across distribution partners, working closely with a number them throughout the planning and creation of our ecosystem.
In our first year, we have developed, tested and launched a much wider set of products and partner benefits than anyone expected.
We are going in to 2019 as a gateway, with a toolkit and approach that enables partners, governments and entrepreneurs to benefit from cryptocurrency; no longer is it just trading or accumulation of crypto. We stimulate every day, continual usage in the real world.
We are focused on the fundamentals of traditional business, giving people what they want and helping to achieve financial inclusion and inclusivity, by creating an end to end ecosystem for everyday use of crypto, by anyone anywhere.
The combination of our ecosystem, our partners and the scale of our community puts us in an incredibly strong position to achieve our goals of opening the world economy to every person, including the 1.8 billion unbanked.
In short, Electroneum has an actual business behind it and is delivering REAL THINGS to REAL USERS (millions of them) via partnerships with other REAL companies. We deliver value and can show future revenue streams based on demonstrated growth. These are real life business things. We know our users and that is valuable. We have access to our users and that is valuable. We understand and can chart growth, and that is valuable. The list of differences goes on. Take a look at the metrics of some of the biggest tech “unicorns” and you’ll see they are all valued on the number of real, active USERS. The only reason they have that value is because they can communicate and monetise those users, and that is where the parallel to Electroneum becomes apparent. We have no intention of substantially monetising our user base for years to come, but we have the capability to do so – and all businesses MUST have a revenue stream or potential FUTURE revenue stream.
I believe in Bitcoin, and I see it as a kind of cryptocurrency gold, but because there is so much focus on fully decentralised systems that do not know their users and are run by anonymous miners, we will find that real value investors are wary of ALL cryptocurrencies because of the mistaken impression that they are all alike.
I agree that it is hard to make a purchase of Bitcoin based on fundamentals and value, because it’s not obvious where it lies. Scarcity and a belief in the project make me a Hodler, but I can’t put a ‘fair price’ on Bitcoin. Nobody can.
Cryptocurrencies are evolving. Electroneum is unarguably more technically useful than Bitcoin because of its speed, accessibility and ability to scale, but that is not ENOUGH.
I believe that as more REAL WORLD cryptocurrency projects evolve you will see VALUE as the main driver in the cryptocurrency markets.
If a cryptocurrency project is also a conventional company with the ability to drive profits, grow larger and become a dominant brand – THEN you will see conventional investors such as Warren Buffet entering the market.
I hope that cryptocurrency volatility will be reduced as cryptocurrencies start to look and feel more like regular companies, with friendly help desks, balance sheets, contractual partnerships and accountability.
When is this going to happen?... it’s already started…
I wish you and your family the very best Christmas or Holiday period,
Richard Ells
Founder & CEO, Electroneum.com |
|
|
|
|
If you do what you state in the OP, and never sell for a loss, some coins you will take to the cemetery, but if you have a decent range of them, and you just HODL, when the entire crypto market reaches a total MC in the TRILLIONS in 2 to 10 years, you will be a very rich man.
If I still had all the major alts I cashed out for fiat over the past 5 years, I would have around 25 million USD. Granted I made at least a half million in profit from just what I have sold, I could have had a 50 times more if I still had the coins and sold today.
Im not talking total $$ amount I sold for, but the actual profit I made off of them.
The majority of what I have bought I still hold, and they are worth a ton.
And same for you OP, by following your plan, you will make a killing. Many times your money, as most of the alts go up and down generally pegged to BTC and the market as a whole.
Like they say HODL!! While you may get stuck riding some your coins down to nothing, you will make up for it with the coins that DO make it.
Granted, you cant just buy every stupid shitcoin that comes out, but if you are getting in early on serious coins that are going somewhere, and hold them 5 to 10 years, you will make 100x - 1000x your money if you dont let yourself be swayed by the extreme ups and downs of the market and FUD.
HODL
SIMPLE but far from EASY!!!
|
|
|
|
I only imagined that this Electroneum would increase its price back to 1000 Satoshi.
The first listing at Bursa is also around 1000-1400 Satsohi but now we can only wipe the chest.
Very low value of around 187 satoshi and will Electroneum do Burning Coin to raise the price?
No plans in the works to burn any coins |
|
|
|
Does anyone know when ETN ltd is going to start marketing?
Very soon, as in the process of starting The price now is so insane low IMO compared to what the potential is here GET READY HERE WE COME but remember never invest more than you can afford to lose I am the ETN Community Manager here at BCT I am NOT a neutral MOD or admin *****BIAS ALERT****** DO NOT mistake any of my posts as investment advice |
|
|
|
|
Show Posts
