yes to be fair ETN is holding up quiet well. Not ideal but alot better than 90% of the coins.
Electroneum corrected dramatically since its latest peak. Therefore, it's good to buy and hold for now. Hold and wait patiently till the right time when it hit next peak to take profits. Only to the first peak youre saying? Not a couple years? Everyone has different investment plans and goals. Nothing wrong with that Not advice to anyone. And Im only speaking personally; Id wait until BTC is $100,000. That will be my indicator for MYSELF. *remember Im NOT a neutral mod or admin Dont invest anything you cant afford to lose, and of course Im bias, as Im the ETN community manager here on BCT, but Id have to say just from my own personal standpoint, this is a long term HODL. Couple years is what it will take to be clearly out front, compared to other coins, when it comes to Mass Adoption. BTC will still have a higher MC, but ETN will be much further along when it comes to use cases for the general public. ETN will open doors for at least a Billion unbanked. And thats just one aspect. Theres the gig economy. The list goes on. Less than $.01 is absolutely insane. The million promises made by all the different coin dev after different coin dev, to the point that "mass adoption" is literally a joke now to all your old school crypto investors, and the sheer number of coins creating a maze of choices almost impossible for a newbie to navigate, seems to keeping ETNs potential under the radar. Still, if you really do your due diligence, and research ETN top to bottom by getting caught up on the Rich Ells video interviews, and read up on what he is trying to accomplish, it becomes quite clear to a lot of people that ETN is headed to the Top 5 |
|
|
|
Looking at the price chart of Electroneum, I will wait till the coin drop to around 210-220 satoshi to hop on again.
ETN has actually fell hard to nearly 290 satoshi, currently, but I will wait to buy at much lower price.
It will also help me to reduce potential risks for my investment.
Might not see them prices again, its fairly stable at around the 300 satoshi mark. price electroneum greatly increased recently. and I think it may still fall. because there were no project updates. so it was just a pump. Hello All, Im baaaaack!! It goes to show how GREAT THE ETN Community is and how tight we are!! A Community Managers job is easy when the community handles concerns, questions, FUD, etc. on their own!! Which is definitely the case here. @goldart You are correct in that it is POSSIBLE that the price could fall back to $.005 again. However, there HAS BEEN a serious development in the vendors Instant Transaction Tech being tested/used, and the fact that a patent application has been submitted. This is one example of the progress being made behind the scenes. So, its not just a "pump" Still, the BIG RISE is coming in the future IMO and before then, sure, it COULD, drop between now and then. What Id like to point out here, is that Rich has been very clear as to where ETN is headed. The plans for ETN have been discussed in his MANY Youtube interviews and those plans are moving forward. We have heard "Mass Adoption" countless times from countless projects, but there are very few projects that have been ACTUALLY TAKING THE STEPS for this to become a REALITY as ETN has. Some have concerns with the implementation of KYC, but this is a REQUIREMENT of ANY crypto that is serious about going MAINSTREAM!! Any project claiming to be headed towars Mass Adoption, and not requiring KYC, is full of nothing but hot air. No large corporation is going to do business with a crypto that missing the KYC requirement. Unless someone is a day trader, the price right now, be it $.005 or even $.20 doesnt really matter. This is a long term HODL. It takes time for everything to be put into place, and the MANY, MANY partnerships to bring in the MILLIONS of users coming to ETN. Already, ETN has over half of BTCs userbase and will pass BTC in total # of users fairly fast. We are STILL gaining users a faster pace than Twitter, Facebook did at this time of their history. Most can clearly see that ETN is on this trajectory, and ask yourself what place ETN will move up to when we have the MOST USERS OF ANY CRYPTO?? Then do the math as to what the price will be at that point. I wouldnt think we will be anywhere close to the 40s, or anywhere even remotely close to $.02 a coin!!!! In my OPINION of course!!!  Remember, this project is a centralized/decentralized hybrid, and we need to look at ETNs timeframe of development in REAL TIME, as opposed to "Crypto Time" **BIAS ALERT** I am NOT a neutral Mod or Admin, as I am the ETN Community Manager here on BCT. Dont mistake my posts as investment advice!! ***NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE*** |
|
|
|
maybe people who say fraud is the one who feels the loss in this project, but some people say this is a very good project, so in my opinion this is a form of disappointment for the person who is disadvantaged from this project ... sorry if I'm wrong ...
It would be a decent project but it's spearheaded by an inexperienced yet egocentric team. Richard Ells has little credibility even outside of blockchain, and none within. It's probably not an intentional scam, but the way it's being pumped today, it has real Ponzi-like qualities. Ponzi? LOL Anyway, looks like you did well, even tho this is only a tiny fraction of where ETN is going You said you were only going in for short term. Sell already or do you expect to see more before you sell? I would go for long term, but you know what I think lol Must be happy you invested Yes, Ponzi. Someone has taken responsibility for pumping it, FOMO driving the price up further and then bringing it back down again - that is, the last investors will get burned and the early ones make the money. I’m going to milk it for all it’s worth then get out before it goes pear-shaped, as in beyond the point of no return. I’m happy I made money, I’m not happy it was at the expense of my integrity doing it off the back of something I don’t believe in. It is not a tiny fraction of anything, if you think 800 BTC worth of trade will flow through ETN each day then you are gravely mistaken. Also, what is this about locked wallets, not the first time it’s happened either is it? Responsible citation? 800 will be well surpassed They upgraded and once finished, most found that when they logged out and back in they were fine The couple people reporting they are still receiving the message, have/should create ticket, as this is not common Enivitable with a project which has a level of centralization to it. Sometimes being a decentralized-centralized hybrid is a double edge sword. You really shouldnt feel bad because ETN is a crypto, and like any legit crypto, it has dynamics that a ponzi doesnt have, as they are not alike in definition. |
|
|
|
maybe people who say fraud is the one who feels the loss in this project, but some people say this is a very good project, so in my opinion this is a form of disappointment for the person who is disadvantaged from this project ... sorry if I'm wrong ...
It would be a decent project but it's spearheaded by an inexperienced yet egocentric team. Richard Ells has little credibility even outside of blockchain, and none within. It's probably not an intentional scam, but the way it's being pumped today, it has real Ponzi-like qualities. Ponzi? LOL Anyway, looks like you did well, even tho this is only a tiny fraction of where ETN is going You said you were only going in for short term. Sell already or do you expect to see more before you sell? I would go for long term, but you know what I think lol Must be happy you invested |
|
|
|
|
Months ago I said dont be surprised if it dropped as low as a half cent, and maybe it will be right back there before we see the big rise. Maybe it will stay as low as it is now and thats it....
The point is that ETN is in the development phase, so dont expect much from the market until development of partnerships and utility start to really take off. Thats when the REAL rise will occur.
Right now is the time to buy and hodl.
Dont let an impatient market and current prices effect your previous investment decisions.
This is still the beginning stage.
Make no mistake, for those paying close attention and doing soild research into to ETNs progress so far, its clear as day that we are witnessing something very special.
Yesterday was all FUD, today is all hype...
Pay attention to the FACTS, as they are VERY promising
|
|
|
|
I don’t think so that Electroneum is scam, it’s correct they take some time to finalize everything.
There was some communication gap between team & investors, but right now coin is in market & community is growing.
Electroneum is in top 100 coins & having a handsome market cap.
Feel free to come join in the discussion on our ANN Thread https://bitcointalk.org/index.php?topic=2353282.msg45905800#msg45905800 |
|
|
|
I saw the Electroneum app on the phone of a friend who doesnt follow cryptos. Asked why, he said he was told to get involved by someone who works at major bank. If/when it launches I believe it maybe the crossover coin for the mainstream adoption of cryptos.
A friend of a friend who works at a major bank... I am yet to see any proper endorsement of Electroneum, I’m not including Michael Stollaire/Stollery (con-artist extraordinaire) or Harry Redknapp (footballer who literally knows FA about anything technical or blockchain). If you actually follow crypto, you’ll know the team behind Electroneum are a bit of a running joke for literally ruining or delaying everything they touch. They’ve launched instant payments but I have a transaction pending for over 2 days now as do many others and the price has literally not budged because no-one is trading or using the coin. It’s so worthless it’s not worth selling and if the fanboys hype it up then it might make it to 2-3 cents. Anyone who is stupid enough to think it’s going over $1 is just mental and doesn’t understand market economics - it’s not ‘FUD’ (favourite word to chant by fanboys), it’s fact. Hey Invicta, You might want to check out our thread, theres a lot happening I already got this in an email, no idea why you re-posting it in ENORMOUS letters to make sure it couldn't be missed. I, honestly, find it hard to take anything you say seriously - you guys just preach to people who already think they're onto a winner and won't listen to any negatives, why keep telling fanboys what they already believe? It's not going to $1 and it's not just me who thinks the team are a massive joke (Ells couldn't even run a marketing firm and just fancied having a play with blockchain). You claim 'we're gaining users', what users? People downloading an app then not even bothering to run it doesn't count, shall we count empty Bitcoin wallets as well in that figure, anyone can manipulate numbers. To me the only important figures are the active miners who are actively running the app and that's below 100k at the moment anyway so 2 million users who aren't doing anything? Brilliant. What about the rubbish trade volume and the giant sell wall on exchanges, it's gonna take a hell of a lot of money to overcome that and all the hodlers and fanboys certainly aren't going to because most of them are poor and live in this delusion cloud that ETN is going to make them rich - let's not beat about the bush, this is what they're waiting for, they don't care about the technology anyway - they just think it's a short-cut. And the unbanked thing, Christ, you'd actually believe that some idiots who have money in ETN think they're being charitable, it's nothing, it's another marketing ploy to win over idiots - no-one believes this is going to work for the unbanked or actually be used for that reason, some might use it but it's not a solution, it just sounds nice on paper. Finally, you have Instant Payments, which is mildly interesting but it basically transacts all through ETN's central servers (notoriously unreliable) so they're just a bank, great, just what crypto needs... another bank and another 'trusted' third-party that I don't really trust. Yes, I actually bought more ETN the other day with some spare Ethereum on the off-chance Instant Payments pumped the price but literally nothing changed, I'll keep it short-term then I'm getting out of here. Contrary to what fanboys keep telling me: 'must be why I'm bitter and negative', I wasn't dumb enough to buy it at ATH or anywhere near it, I am still up so that's just fine by me. I find your take on ETN interesting, but just dont see some of your points, but thats ok. I wouldnt think you would buy more ETN at your current assessment, so that leads me to belive that I need to try harder to understand your point of view. Its not like we are against criticism, because if we can see something wrong, thats the first step to getting things fixed. I do think you should update your perceptions regarding the ETN DEV Team due to recent developments? No? Hopefully, with the speed of things seeing an uptick, along with witnessing promises kept, your outlook on ETN will continue to become more positive. But if you are buying ETN at these prices, you are a winner in my book *BIAS ALERT** Iam not a neutral mod or admin, as I am the ETN Community Manager Never invest more than you can afford to lose, and do not mistake my posts as investment advice |
|
|
|
I saw the Electroneum app on the phone of a friend who doesnt follow cryptos. Asked why, he said he was told to get involved by someone who works at major bank. If/when it launches I believe it maybe the crossover coin for the mainstream adoption of cryptos.
A friend of a friend who works at a major bank... I am yet to see any proper endorsement of Electroneum, I’m not including Michael Stollaire/Stollery (con-artist extraordinaire) or Harry Redknapp (footballer who literally knows FA about anything technical or blockchain). If you actually follow crypto, you’ll know the team behind Electroneum are a bit of a running joke for literally ruining or delaying everything they touch. They’ve launched instant payments but I have a transaction pending for over 2 days now as do many others and the price has literally not budged because no-one is trading or using the coin. It’s so worthless it’s not worth selling and if the fanboys hype it up then it might make it to 2-3 cents. Anyone who is stupid enough to think it’s going over $1 is just mental and doesn’t understand market economics - it’s not ‘FUD’ (favourite word to chant by fanboys), it’s fact. Hey Invicta, You might want to check out our thread, theres a lot happening:
RICH ELLS:
Hi Everyone!
I have some big news...
A year ago we had a vision of creating a cryptocurrency that is so simple to use and acquire that almost EVERYBODY can access it. We focus on the 99%, where everyone else is focussed on the 1%.
Easy access for users was the first step and we've now had over 1m app installs and we're proud to say the Electroneum app has the same retention level as Instagram (®)!
The second step was going to be harder to achieve, and it's taken us nearly a year to deliver it, but it's now available for ALL users and global vendors!
The Electroneum Instant Payment API system for Vendors is now open and in BETA.
We've made integrating cryptocurrency payments ridiculously EASY. Normally, cryptocurrencies are inherently difficult things to integrate into tills or ecommerce systems. Blockchains are not like databases. Their decentralised nature means they do some odd things, like allow a transaction with a VALID TX ID to be rejected later by the blockchain (hence the requirement for blockchain confirmations, which take time), they are very s-l-o-w compared to database systems, as it takes time to reach consensus.
Electroneum has combined instant transactions and ease of integration in a single system.
We have made integrating Electroneum as easy as integrating with Stripe (®) or PayPal (®) by creating the first cryptocurrency with an API interface for payments. Every web agency in the world understands integrating API interfaces, but hardly any understand blockchain. Even better, our system is truly instant. Our API gives an INSTANT notification to the vendor (shop or online store owner) that the payment is on the way. The vendor is assured of the payment, which allows instant checkout. The user can walk out of the coffee shop with their coffee, or the user can checkout online (buying their airtime top up for instance) without having to wait for the blockchain.
The system has been live and open for Beta testers for less than a week but we've already seen some impressive integrations and integration into the largest Point of Sale software in Egypt
Professional integration of easy payments & pro video skills! (ETN Academy)
https://vimeo.com/289924878
Largest Point of Sale software system in Egypt (we forgive the slightly less professional video - as it's a HUGELY important step for ETN)
https://www.youtube.com/watch?v=G9kfftkWJy8
ETN is now the FASTEST and EASIEST cryptocurrency!
Electroneum is now the EASIEST cryptocurrency in the world to integrate (via our vendor API) - and it's also the FASTEST cryptocurrency payment system in the world!
eCommerce Payment Gateways on the way...
We are working with a number of generous users to create instant payment integrations for the most popular shopping cart systems including Woocommerce & Magento. We are also looking for experienced coders to create ETN payment gateways for Opencart, Omnipay, Drupal, Jigoshop, easydigitaldownloads & more! We will keep you posted.
Would you like to be part of the instant payment Beta test?
If you have an online business, log in to your https://my.electroneum.com dashboard and click on VENDOR SETTINGS in the menu. Click ENABLE BETA ACCESS to get started! There's no delay, you'll have instant access.
Integrating Instant Payment API
You will find instructions for integrating the BETA program via our new community forum:
https://community.electroneum.com/t/using-the-etn-instant-payment-api/121#top
If you need any help - feel free to reach out to the community or our team via the community forum:
https://community.electroneum.com/c/api-developers
Phone 2 Phone instant notifications
Currently any transaction between phones gives an instant notification to the receiver that the ETN is on the way - but the receiver has to know it's coming and click 'refresh' to their in-app notifications. We know that's not ideal, but it's only temporary to allow us to get this live API in to BETA testing. We are rolling out PUSH notifications in October 2019, which will allow the receivers phone to notify them that ETN is on the way EVEN IF THEY DON'T HAVE THE ELECTRONEUM APP OPEN!
Electroneum Advertising Starts October 2018
Now our API is available and KYC (know your customer) is announced we are starting a large push for additional partners, agents, and vendors.
We have a plan for October to start recruiting additional MVNO Mobile Operator partners, as we should have our first MVNO accepting ETN payments by or during October. A live partner will demonstrate to others the benefits of partnering with Electroneum and open the door to far more.
We will target vendor acquisition through a targeted ad campaign and use our Mobile Operator partnerships to bring on an Agent network.
October will be an exciting month!
Electroneum Promoting YOUR business...
Don't forget we'd love to promote YOUR business to our large audience of users and we might choose you as a showcase partner to be included in our wider advertising and promotion. Just get our instant payment API integrated into your shop or online store and we'll help get the message out.
Have a great day everyone,
Richard Ells
Founder, Electroneum.comRemember It is not a "fact" that those who see $1+ ETN in the future are "mental" The team may be running slow to you, and you have the right to feel that way about the rate/speed of growth, but most would disagree because we are still gaining users faster than Facebook or Twitter did their first year. True there have been delays at times over the first year. After checking out the email sent by Rich above, does this help raise your confidence in ETN? This is fast enough for most, but many apply "crypto time" to this project, and I would compare development speed at REAL TIME. You still holding on the that stack of ETN?? |
|
|
|
Hi everybody, after almost 1 year I've connected to my online account at https://my.electroneum.com/ where I had a lot of etn stored. But now I see no funds and just this message: We'll be back soon We are currently migrating your wallet to the new instant payment system. Please try again later. What's going on?  It's a good practice to check any coin on a regular basis. I have seen other coins fork twice in a year and then people lose all their coins! They were making upgrades. All is fine now Richard Ells:
Hi Everyone!
I have some big news...
A year ago we had a vision of creating a cryptocurrency that is so simple to use and acquire that almost EVERYBODY can access it. We focus on the 99%, where everyone else is focussed on the 1%.
Easy access for users was the first step and we've now had over 1m app installs and we're proud to say the Electroneum app has the same retention level as Instagram (®)!
The second step was going to be harder to achieve, and it's taken us nearly a year to deliver it, but it's now available for ALL users and global vendors!
The Electroneum Instant Payment API system for Vendors is now open and in BETA.
We've made integrating cryptocurrency payments ridiculously EASY. Normally, cryptocurrencies are inherently difficult things to integrate into tills or ecommerce systems. Blockchains are not like databases. Their decentralised nature means they do some odd things, like allow a transaction with a VALID TX ID to be rejected later by the blockchain (hence the requirement for blockchain confirmations, which take time), they are very s-l-o-w compared to database systems, as it takes time to reach consensus.
Electroneum has combined instant transactions and ease of integration in a single system.
We have made integrating Electroneum as easy as integrating with Stripe (®) or PayPal (®) by creating the first cryptocurrency with an API interface for payments. Every web agency in the world understands integrating API interfaces, but hardly any understand blockchain. Even better, our system is truly instant. Our API gives an INSTANT notification to the vendor (shop or online store owner) that the payment is on the way. The vendor is assured of the payment, which allows instant checkout. The user can walk out of the coffee shop with their coffee, or the user can checkout online (buying their airtime top up for instance) without having to wait for the blockchain.
The system has been live and open for Beta testers for less than a week but we've already seen some impressive integrations and integration into the largest Point of Sale software in Egypt
Professional integration of easy payments & pro video skills! (ETN Academy)
https://vimeo.com/289924878
Largest Point of Sale software system in Egypt (we forgive the slightly less professional video - as it's a HUGELY important step for ETN)
https://www.youtube.com/watch?v=G9kfftkWJy8
ETN is now the FASTEST and EASIEST cryptocurrency!
Electroneum is now the EASIEST cryptocurrency in the world to integrate (via our vendor API) - and it's also the FASTEST cryptocurrency payment system in the world!
eCommerce Payment Gateways on the way...
We are working with a number of generous users to create instant payment integrations for the most popular shopping cart systems including Woocommerce & Magento. We are also looking for experienced coders to create ETN payment gateways for Opencart, Omnipay, Drupal, Jigoshop, easydigitaldownloads & more! We will keep you posted.
Would you like to be part of the instant payment Beta test?
If you have an online business, log in to your https://my.electroneum.com dashboard and click on VENDOR SETTINGS in the menu. Click ENABLE BETA ACCESS to get started! There's no delay, you'll have instant access.
Integrating Instant Payment API
You will find instructions for integrating the BETA program via our new community forum:
https://community.electroneum.com/t/using-the-etn-instant-payment-api/121#top
If you need any help - feel free to reach out to the community or our team via the community forum:
https://community.electroneum.com/c/api-developers
Phone 2 Phone instant notifications
Currently any transaction between phones gives an instant notification to the receiver that the ETN is on the way - but the receiver has to know it's coming and click 'refresh' to their in-app notifications. We know that's not ideal, but it's only temporary to allow us to get this live API in to BETA testing. We are rolling out PUSH notifications in October 2019, which will allow the receivers phone to notify them that ETN is on the way EVEN IF THEY DON'T HAVE THE ELECTRONEUM APP OPEN!
Electroneum Advertising Starts October 2018
Now our API is available and KYC (know your customer) is announced we are starting a large push for additional partners, agents, and vendors.
We have a plan for October to start recruiting additional MVNO Mobile Operator partners, as we should have our first MVNO accepting ETN payments by or during October. A live partner will demonstrate to others the benefits of partnering with Electroneum and open the door to far more.
We will target vendor acquisition through a targeted ad campaign and use our Mobile Operator partnerships to bring on an Agent network.
October will be an exciting month!
Electroneum Promoting YOUR business...
Don't forget we'd love to promote YOUR business to our large audience of users and we might choose you as a showcase partner to be included in our wider advertising and promotion. Just get our instant payment API integrated into your shop or online store and we'll help get the message out.
Have a great day everyone,
Richard Ells
Founder, Electroneum.com |
|
|
|
Then there was no any need to build this thing on monero and use POW and mining.
You could be creating ETN as erc-20 token or make a token on any other
block chain platform.
Exactly to the point. They wouldn't need to use token protocols at all. They could just "mint" the coin and airdrop it to mobile miners. No we are not going to be dependant on another project/platform |
|
|
|
|
Big corporations are going to require KYC.
If we are going to do business with these large corporations, we need KYC.
Thats just the way it is.
KYC is will be part of any coin that is going to be accepted as payment on a mass scale.
This is why ETN moved away from the "privacy" niche, and stripped away some of the privacy related features that were originally there when we forked Monero
|
|
|
|
Here is an quote of a post of the latest Email Report from CEO Richard Ells. The link to the ETN OP is right at a very long post with exhaustive info A very long post from our ANN Thread with the 6 Video Update Series included. https://bitcointalk.org/index.php?topic=2353282.msg44949703#msg44949703This will help get you updated on ETN that can help sort thru the FUD HERE IS ALSO A COPY OF Richard Ells last email report Mail from Richard with an awaited update: Hi Everyone! We have just launched an Electroneum community forum! https://community.electroneum.comYou can log in with your Electroneum username. We are looking forward to getting the awesome Electroneum community in to one place, where you can help each other and talk about everything Electroneum & cryptocurrency. Lots of helpful articles, social posts and comments are being lost by disappearing into social media history - and our new community forum will enable us to keep the best solutions for questions and articles alive, creating a great resource for understanding what we are doing, where we are going, how to use ETN, etc. There's voting, marking solutions to problems and the ability to earn badges and move up the ranks from New user to Enthusiast, Educator, Professor and ultimately Genius level! Once we have monitored the use for a while, we will introduce a reward system for those users who help out the most. Rewarding users who take their valuable time and contribute it to the community will help us moderate the forum and ensure it is a pleasant place to discuss Electroneum and all things crypto. Read the rest of this email - then go and introduce yourself and make your first post on our forum - we can't wait to see you there! OKEX Exchange Vote - we need YOUR help OKEX (the 2nd biggest exchange in the world) is hosting a community coin vote, and we need our incredible community's voting power! We’re putting the power of change into your hands, to get ETN listed on a monster exchange. Voting costs nothing and only takes a moment of your time, see community post below for more details and instructions. https://community.electroneum.com/t/new-exchange-opportunity-okex-exchange/120If you haven't voted already - please take the few minutes to do so. Getting Electroneum onto OKEX would be incredible for Electroneum! Thank you! Instant Payment Beta Vendor API / App Update We have over 1000 vendors that have applied to take part in the Vendor API Beta testing. They will be getting an email next week to invite them to start using the API in the live environment! There is an app update coming next week to facilitate this. We can't wait to see the online stores and physical shops that integrate and we will be asking them to make videos and take photographs of the ETN integrations so we can show the community. We will be working with the BETA testers in a closed group on the new forum initially, then we will open that up to the public on full release once any issues that the BETA users find are solved. If you are remotely technical and you'd like to see the API documentation in advance of it going fully live - you'll find it below (please note that it will begin functioning next week on BETA release). https://community.electroneum.com/t/using-the-etn-instant-payment-api/121What's coming... September will be a busy month for Electroneum as we bring on the first hundred instant pay vendors (hey! if you ALREADY accept ETN - let us know via the forum and we'll get you into the BETA of instant pay - AND we'll get you added to our new "ETN Everywhere" website, a global directory of vendors. Currently in development, but due out in Q4 2018. As always, we are working hard to get everything live as soon as we can, I'd like to thank everyone for their support and positivity and I'm excited to be so close to having a fully working instant payment mobile cryptocurrency, that we can roll out and promote on the ground around the world. Have a great day everyone, Richard Ells Founder, Electroneum.com I hope that it will be a start point of up trend... |
|
|
|
A very long post from our ANN Thread with the 6 Video Update Series included. https://bitcointalk.org/index.php?topic=2353282.msg44949703#msg44949703This will help get you updated on ETN that can help sort thru the FUD HERE IS ALSO A COPY OF Richard Ells last email report Mail from Richard with an awaited update: Hi Everyone! We have just launched an Electroneum community forum! https://community.electroneum.comYou can log in with your Electroneum username. We are looking forward to getting the awesome Electroneum community in to one place, where you can help each other and talk about everything Electroneum & cryptocurrency. Lots of helpful articles, social posts and comments are being lost by disappearing into social media history - and our new community forum will enable us to keep the best solutions for questions and articles alive, creating a great resource for understanding what we are doing, where we are going, how to use ETN, etc. There's voting, marking solutions to problems and the ability to earn badges and move up the ranks from New user to Enthusiast, Educator, Professor and ultimately Genius level! Once we have monitored the use for a while, we will introduce a reward system for those users who help out the most. Rewarding users who take their valuable time and contribute it to the community will help us moderate the forum and ensure it is a pleasant place to discuss Electroneum and all things crypto. Read the rest of this email - then go and introduce yourself and make your first post on our forum - we can't wait to see you there! OKEX Exchange Vote - we need YOUR help OKEX (the 2nd biggest exchange in the world) is hosting a community coin vote, and we need our incredible community's voting power! We’re putting the power of change into your hands, to get ETN listed on a monster exchange. Voting costs nothing and only takes a moment of your time, see community post below for more details and instructions. https://community.electroneum.com/t/new-exchange-opportunity-okex-exchange/120If you haven't voted already - please take the few minutes to do so. Getting Electroneum onto OKEX would be incredible for Electroneum! Thank you! Instant Payment Beta Vendor API / App Update We have over 1000 vendors that have applied to take part in the Vendor API Beta testing. They will be getting an email next week to invite them to start using the API in the live environment! There is an app update coming next week to facilitate this. We can't wait to see the online stores and physical shops that integrate and we will be asking them to make videos and take photographs of the ETN integrations so we can show the community. We will be working with the BETA testers in a closed group on the new forum initially, then we will open that up to the public on full release once any issues that the BETA users find are solved. If you are remotely technical and you'd like to see the API documentation in advance of it going fully live - you'll find it below (please note that it will begin functioning next week on BETA release). https://community.electroneum.com/t/using-the-etn-instant-payment-api/121What's coming... September will be a busy month for Electroneum as we bring on the first hundred instant pay vendors (hey! if you ALREADY accept ETN - let us know via the forum and we'll get you into the BETA of instant pay - AND we'll get you added to our new "ETN Everywhere" website, a global directory of vendors. Currently in development, but due out in Q4 2018. As always, we are working hard to get everything live as soon as we can, I'd like to thank everyone for their support and positivity and I'm excited to be so close to having a fully working instant payment mobile cryptocurrency, that we can roll out and promote on the ground around the world. Have a great day everyone, Richard Ells Founder, Electroneum.com I hope that it will be a start point of up trend... |
|
|
|
|
To those that dont know, GPU miners sell their coins, too..
.. Maybe not as much..
..but it makes no difference when we are figuring the total amount of coins mined per day, no matter if its ASICs or GPUs
Some of the recent posts, it just seems like some people think more coins are mined per day with ASICs.
And dont get me wrong, I know most of you understand this.
Just a reminder
|
|
|
|
Due to ETN being a decentralized/centralized hybrid you wont see commits as regular as purely decentralized coins. This will cause some to shy away, but it is not a case of the ETN team not being tech savvy. Its quite the opposite. ------ And the team wont take so long that the coin will die. ETN will be just fine. -------- Again, take the time to go over my very long last post, and watch the videos. After doing so, you will see what I mean about the low price right now being a good thing for speculators IMO |
|
|
|
We had many GPU miners here in this thread, however I see no new ASIC miner guys involved in discussions. That was the death sentence for ETN when they switched back algo's You wont see ASIC miners involved. What few there is, are just mining and dumping with there new shiny ASIC miners, until the price has nothing left to offer them. Mining IS important. Sure Also, lets remember, GPU miners or ASIC miners DONT make or break a coin. BTC isnt gonna die either ETN is not down because of the switch back to ASICs. ETN is down for the exact reason I told you guys back when it was 3 to 5 cents. The market is not going to wait around when we are in the building stages. Partnerships take time to nail down. Even the partnerships we have nailed down, which will expose ETN the 130,000,000 of our partners users arent going to effect the market in a positive way until that exposure occurs. I said waaaaay back not to be surprized if we see $.005 before we break $1.00 This is crypto. Ive been here since there were 25 total coins in existence. I knew there was zero chance that the crypto market would be patient. This is just fine This is a great time to buy And definately HODL guys. If you watch these last 6 videos, you can see much better where we are going Mick Ambrose from AllAboutTech's YouTube series with Electroneum CEO Richard Ells - Part 1: https://www.youtube.com/watch?v=gBGMxTkOHsE- Part 2: https://www.youtube.com/watch?v=LTreyenjZF8- Part 3: https://www.youtube.com/watch?v=2Jn5kWUCjzs- Part 4 (New App Features + Revenue Streams): https://www.youtube.com/watch?v=gv0rjbvS7Co- Part 5 (Exclusive New Information): https://www.youtube.com/watch?v=TLPeyUERHnM- Part 6 (Finale): https://www.youtube.com/watch?v=inW0dL9o79gALSO, I KNOW THIS CONVERSATION BELOW IS LONG, BUT IF YOU TAKE THE TIME TO READ THIS, ALONG WITH WATCHING THE VIDEOS, YOU WILL HAVE A MUCH BETTER UNDERSTANDING OF WHY ETN IS BECOMING SET TO BE THE FIRST CRYPTO TO FINALLY ACCOMPLISH MASS ADOPTION!!! IF YOU WATCH THE 6 VIDEOS, AND READ THIS WHOLE POST, YOU SHOULD GET IT WHEN YOUR DONE, BECAUSE ITS ALL RIGHT HEREHere is a conversation I had a while back on the "Is Electroneum a Scam" topic For some more insight into my personal opinion on ETN and the crypto market in general: Great questions!!!
- there are always 150-175k using the mobile miner these days, the rest are not currently mining at the time
-Patent Info
Richard Ells-
"That’s right – we now have a protected patent that allows us to add bitcoin, Ethereum, monero or virtually any other cryptocurrency to our app and allow users to make instant crypto payments to any vendor who wants to have the convenience of instant check-out. This won’t be happening this year, as we want to get Electroneum (ETN) out there first into the market, but it gives us the ABILITY to provide this if the market demands it. We could therefore work with a large multinational vendor who had chosen a different cryptocurrency, but still leverage the Electroneum brand, as part of our strategy for brand dominance and growth.
There’s bound to be a ton of questions and there’s bound to be a lot of people trying to claim that this can’t happen or it doesn’t exist – but I assure you that the patent is filed (patent app. Number 1805708.3) and Dentons are confident of our claims, and we are going to deliver everything we’ve said we will. This single jurisdiction patent application protects the idea we apply for global patents.
It covers a number of other things too, that we’ve discovered by being the first people to ever handle this volume of cryptocurrency users in a hybrid app. Since we’ve found solutions for a lot of the problems, we’ve patented the techniques to give Electroneum the intellectual property rights, enabling us to protect the process, or even earn royalties from their use elsewhere.
One of the phrases we heard last year speaking to one of the large vendors we are in discussion with was “Where is your moat?”. What they meant by this is what is to stop someone else coming along and offering the same thing. What protects the Electroneum business model (other than our massive first mover advantage)? This patent is exactly what they were after. If gives them a reason to publicly endorse us as a fintech partner, because we are following the corporate path.
We are now protected. No new ICO can think “great idea” and take it, as it’s protected by global patent laws"
- Rich is a marketing genius. And look at the companies like Avon and Herbalife (Richs Clients) for example, and think on how they market their products.
Rich also pulled off an ICO that had the highest number of investors in crypto history
Can I prove hes a marketing genius? Not really I guess, but if I were to market a crypto, he would be the one Id pick, just on how many users hes been able to pick up without the first marketing campaign that dips into the ICO money having occured yet.
- going back to the ASICs was the smartest move. Sure, if the coin loses all its miners, it will die. I wouldnt worry about that. I dont see that happening. I said many months ago that I fully expect the price to dip to $.005 before it starts going back up. It takes time to build a solid team and get everything worked out with all the different partnerships, and to find, hire, and let the best PR firms in each region of the world prepare for the first real marketing push. Etc etc.
It takes time to roll out what they are trying to accomplish worldwide. During this time the market will lose some faith, but it wont take so long that we will even come close to dropping far enough that we will lose all our support. In fact, we are still gaining users due to the viral effect of the mobile miner.
-Instant Transaction Tech vaporware concern
I hate the vaporware stage myself
There is already beta testing for the Instant Transactions Tech going on within the general community. So were at beta. Past the vaporware stage
- Some friendly Observations and PERSONAL market expectations
--> I beleive BTC will hit $100,000 within 6 to 24 months
--> During this time I believe cryptos total MC will be in the Trillions
--> If these things occur, and ETN is in the Top 5, that puts ETN at $2 to $5, big IFs, but I think thats where crypto is headed.
Like they say, I dont think weve seen nothing yet!!!
And I do think ETN will be in the Top 5 when they have the most users of any crypto, enable the billions of people that are unbanked, the ETN app comes standard on hundreds of millions of phones, Instant Tranaction Tech is a success, etc
All these things are not pie in the sky dreams.
We have made progress on all these fronts. We are on pace with the patent, current already announced partnerships bringing exposure of ETN to 130 million of our partners customers (thats just the partnerships already announced so far), our partners and many of our userbase, is in the regions where many are unbanked, so market penetration is well on its way there, etc. Also, we are already halfway to passing BTC in total users.
Research and stay tuned everyone!!!
*Do not invest more than you can afford to lose and dont mistake my posts for investment advice*
*** I am not a neutral mod or admin. I am Electroneum's Community Manager and have clear bias***
Ok, thanks for replying. - Why are they not mining? You install the app, run it and click 'start mining' - only an idiot wouldn't do this, so I truly believe most of those accounts are meaningless and/or duplicates. As it's an 'experience' and not consuming battery or anything else, what possible reason could you not have for running it? Also Ells said it would earn you $30 a month, I think at this point we all know that was utter BS and not possible.
- Just so I understand this, even with bias set aside (I appreciate and respect that you have bias and disclosed that fact) - are you saying that Electroneum Ltd., the coin that famously couldn't even complete a hard fork, has somehow developed instant payment technology that Bitcoin, etc. has been working on with a much bigger, stronger, smarter team hasn't managed to complete and launch yet? I find that remarkably hard to believe and all I can think of is that Electroneum are acting as a payment processor/settlement layer/bank between both parties and taking on the credit risk themselves which is either very smart or very stupid.
- Richard Ells is not a marketing genius, his own company Retortal is doing nothing, I suggest you check Companies House which has public accounts - I haven't heard of a single Fortune 500 company using his 'freemium' product despite claims. I also heard people say Retortal is worth $50m (USD), well on CH, the net worth is negative so I think the only marketing trick he pulled was to convince people to stake in the ICO.
- With respect to ASICs and judging from your language, I can only assume you have never mined or actually put money on that aspect of it. Who cares if you have tons of 'users' but no-one to validate transactions on the blockchain - the difficulty is still wildly swinging by 25% or so a day if you look at it, at some point it will not be profitable for miners to mine (ASICs, GPUs, CPUS, whatever). If it hits 0.5c then that point has passed and you are in the death spiral. I believe Ells would have had infinitely more credibility if he had just said from the start 'we aren't doing a hard-fork and ASICs are allowed on our blockchain' as opposed to that complete clusterfuck that was a hard fork only to be reversed days later when he realised the very people who supported him (GPU miners) had just been shot in the back and suddenly didn't want to do stuff out of the goodness of their own hearts any more so I am not surprised everyone left.
- I have applied for all the betas and have had access to them other than instant payments, so I don't believe it yet. People keep showing that mock-up photo of a coffee shop but it is just that, a mock-up. When it goes live then we shall see. The iOS app at least looked half decent but it was just a clone of the Android app minus 'mining experience' (airdrop) - I am fairly sure they could sidestep the issue entirely with a 'cloud mining experience' but who knows what they're going to do. At this stage, iOS users have been waiting 5 months for an app that's still not out of beta.
- BTC isn't going up to $100k anytime soon, I mean I'd love it to do that as then I can retire but let's get real. I also think pretending or claiming that it might hit $2-5 per ETN is ridiculous and misleading on any side of the planet, at the moment that is 250x at the thin end. Even if the marketing was perfect, they have a really crap dev team made up of the cheapest hires Ells could find. If you have been following I'm sure you know of the block 202612 issue and what he did/said to KnifeOfPi2. It *is* pie in the sky dreaming, I would expect maybe 2-3x with hype or 10x if lucky or it's just gonna die.
- I honestly don't think Electroneum or anyone else gives a shit about the unbanked, it's just a stepping stone to riches for some people with an altruistic overtone - a bit like when celebrities do those charity appeals on TV, do they care? Do they fuck? It's just free publicity for them and this stinks of the same. Where they are countries suffering issues with their fiat currency, why aren't they buying or accessing this coin then?
In the interests of fairness, I think you should broadly disclose what coins you do/don't hold and a rough figure for ETN. If it's just ETN only, then I can't question your integrity and it's either crazy/madness or if you believe it in, good for you. I can't verify any of whatever you say anyway but it would put an interesting spin on it. Also I think the guy who mentioned coins being dumped was referred to mined ETN being dumped, not ICO funds - I also think when that year anniversary approaches and the ICO funds get unlocked, it will be interesting times. It is just a theory right now but I have a belief that if this goes to pot between now and then, you might find the ICO funds disappear and so does the everyone involved with this project as they will suddenly be very rich. And FWIW, I respect the fact that you have been fairly open, made the correct disclosures and even if I don't agree with your points, you can be sure I've read all of them thoroughly.[/list][/list] - its not always the same people mining, and to be clear, not all registered users are using the mobile miner. And Rich corrected it to $3 before the ICO started. - you dont have to believe it. They are looking for beta testers now if you want to see it for yourself and my last response included the patent # - Retortal is not worth neg dispite FUD you may have heard - Avon and Herbalife are a few brands most have heard of and I bring them up because of the marketing approach they use - Many agree with you that BTC wont go up 10x again. They always do. And everytime most people have been wrong. BTC $20k (100x from not too long ago when it was $200) Everyone always thinks, "theres just no way it can happen again". 5x its ATH in a 6 to 24 months doesnt seem like such a streach to me. But like I said, my belief is in the minority as most agree with you on that, and there is nothing misleading about $2-$5 ETN being tied to a crypto market cap in the TRILLIONS. - About the BILLIONS unbanked you are half correct. No one gives a shit about them - UNTIL ETN  - no one is running off with the ICO money. Taking off with 40 million would be a LOSS in so many ways in the short term and definately the long term. I wouldnt worry about that. We will just have to agree to disagree on these points, for now, and we will see what side if history each of us land on. Hang on the those ETN friend!!! We appreciate your interest. Get ready for a hell of a ride * only invest what you can afford to lose and dont mistake my posts as investment advice * ***Bias Alert - I am the ETN Community Manager, I am NOT a neutral mod or admin*** When I first read on the forum 6 mounts ago, somebody say that price will go to 300sat I could not believe. And then same person make another prediction to 50sat it looks like si-fi to me. Now I see that scenario is very likely... How coin that is soo popular and have very good dev team and great ideas come to this situation???
It looks like somebody or some group of people (hackers) realy dont like this idea...
Ive been saying we would see $.005 FOR MONTHS NOW. I completely expected it as I knew the market wouldnt wait around when ETNs infrastructure is built. That is what is happening We are in first year still. If ETN were a baby, it hasnt even left the hospital yet. Its very very early Just HODL You still have the same NUMBER of coins until you sell at the moment, the price of ETN is $.006 , that is, according to your prediction, the price should still fall by 20 percent - it will be 90 * 0.8 = 72 sat ? More like a guess based on experience/forecast, and ONLY BASED ON PUBLIC KNOWLEDGE **I could easily be wrong, so DO NOT MAKE ANY TRADING/INVESTMENT/FINANCIAL DECISIONS BASED ON MY POSTS My posts should NOT be considered investment advice Never invest more than you can afford to lose BIAS ALERT!! **I am the Electroneum Community Manager, and NOT a neutral mod or admin**** I personally as an investor in ETN would never consider doing anything with my investment when the project is in the very early building stages. I just HODL. This is just IN MY OPINION. To me selling now is no different than selling the day after I bought ETN. Its just to early to make any moves yet- In my PERSONAL opinion based on PUBLIC KNOWLEDGE ONLY |
|
|
|
|
Show Posts
