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I really feel like this project has a huuuge potential. The amount of fraud that is going on makes me seriously question whether i would be able to live WITHOUT getting confirmation on the identity i am doing trades with, in all sorts of environments. This is especially needed if blockchain technology is going to go mainstream.
This thing can be huge, solving one of the blockchains great challenges; how to keep people private, but knowing enough information about them to verify their identity?
This means, no more issues with people stealing your money, in theory.
The one question i just really have is, that seeing the scale of the projects potential, how does a supply of 42 million scale with the, potential growing market of Cryptos over the next couple of years? Is the fraction system in the coin geared towards massive growth that the crypto market ought to expect over the next couple of years?
I will have this one bookmarked that is for sure!
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There are strong factors that this ICO is delayed beyond 11/1/17
Don't you have more important things to cater to instead of scamming people here, spreading lies and speculative nonsense? All you're doing is just generate more interest in this thread, getting more members exposed to this on bitcointalk, every time you post your scam-shit, you bump the thread to the top and gives this more exposure. So thank you very much, for letting it be so easy to spread the word here, and easy to refute you absurd claims and scams.  |
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I don't see a good futur for this one, team is no more active on Bitcointalk, thread is kept alive by fans mostly , bounty is managed by someone who does nothing , never updates sheets, since their success, they let the people handle it here
Yeap like majority of most active communities they created a dedicated forum under tor, it has all the informations and goodies packed in. You can discover that forum if you are lucky once you dive into the deep web but I wouldnt recommend anyone to try and get in contact with these guys. They are acting so secretly that it puts into question their overall existence. Lol the forum is not on the deep web. Stop trying to spread shit like this mate. It's absolute nonsense. |
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I HAVE TO SAY IT GUYS , LET ME SAY IT  I LOVE THIS Murzibia GUY  I mean , look how passionately he posted here trying to point out some "mistakes" about the project....I mean , the things he was asking made sense. Now i know that he may be gone a little too far. But he posted, the team answered, so the people are more confortable. Guys , in times where half of ICO-s are scams and people lose a lot of money, we need people like him that come and warn you about possible red flags that an ICO could have...... Now this is not the case, (cause i personally dont believe it's a scam), but he pointed some mistakes, and he got a fair answer. And i like the fact that richard was complitely honest and said , yes he haven't updated that( i have also appreciate his honest answers in the interviews where he also says"we would not give you a ferrari" "i also adivce to diversify , not to go full in one crypto, even if that crypto is electroneum", fair answers that i really appreciated) But this Murzibia guys is great  , with files and photos , beter that CIA  .... i love this guys Thanx for your research man , really appreciate and thank you. We need people like you who do some good reseach. This ico is not a scam, but your time dedication to find "weak points" is admirable..... i will offer this guys a beer/pizza by sending him 1000 Electroneum once we can move them... I really apprecitate your research work. Good Job Are you Murzibia?  I know what you're trying to say. I appreciate his effort, but he went waaaay to fucking far with his SCAM headlines and his posted photos of the dev. That is NOT cool AT ALL, and that is why i do not appreciate what he did ever so slightly. |
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***SCAM ALERT***This is no more than copy paste of very old fornote config. https://github.com/electroneum/electroneum/tree/master/srcInfact this there is no new technology associated with this project. White paper and technial white paper you post are no more than cryptonote foundation papers that you place your company logo at the bottom of. No where do you list any technical spec for this project other than money supply and decimal point but all your github source contradict this We demand total transparency to include all information EMISSION_SPEED_FACTOR=? DIFFICULTY_TARGET=? CRYPTONOTE_DISPLAY_DECIMAL_POINT=? MONEY_SUPPLY=? GENESIS_BLOCK_REWARD=? SYNC_FROM_ZERO=? DEFAULT_DUST_THRESHOLD=? MINIMUM_FEE=? CRYPTONOTE_MINED_MONEY_UNLOCK_WINDOW=? CRYPTONOTE_BLOCK_GRANTED_FULL_REWARD_ZONE=? MAX_TRANSACTION_SIZE_LIMIT=? CRYPTONOTE_PUBLIC_ADDRESS_BASE58_PREFIX=? DIFFICULTY_CUT_V1=? DIFFICULTY_CUT_V2=? DIFFICULTY_CUT=? DIFFICULTY_LAG_V1=? DIFFICULTY_LAG_V2=? DIFFICULTY_LAG=0 DIFFICULTY_WINDOW_V1=? DIFFICULTY_WINDOW_V2=? DIFFICULTY_WINDOW=? ZAWY_DIFFICULTY_V3=? ZAWY_DIFFICULTY_DIFFICULTY_BLOCK_VERSION=? p2p-bind-port=? rpc-bind-port=? BYTECOIN_NETWORK=? CRYPTONOTE_NAME=? GENESIS_COINBASE_TX_HEX=? MAX_BLOCK_SIZE_INITIAL=? UPGRADE_HEIGHT_V2=? UPGRADE_HEIGHT_V3=? All I see here in all your information is how you intend to make money. Red flag for BIG SCAM AHEAD similar to EBITZ ICO What the .... are you on about? So in your mind, a coin cannot be a good investment unless it relies on new technology? Go back to your precious ERC 20 tokens and leave us alone. This coin is NOT for the tech savvy breakthrough minded people. It is for all of us who aren't into crypto like some of the basement dwellers here, but want to invest and have heard about the fairy tale of BTC. This project will bring many new people into crypto, and you call it a scam because it doesn't have new technology? That my friend, is pure bs. So something like Spotify could never work because it just uses existing technology in another way? What a complete idiotic statement. |
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It is NOT a scam. Why would a guy who owns a $50 million company put it all at risk to scam people with a cryptocurrency? Not going to happen at all; this is legitimate.
Playing Devil's Advocate here, but "that guy" is majorly in debt over there in the UK. Look up his other projects. That being said, I'm invested in the ICO - I don't think it's a flat-out scam at all. Got any links on that? Please send me a pm. |
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Hey dude. We are not getting paid like we're told to go in and refute claims because then we will pay you. We could discuss things freely about anything in regards to ETN, just the fact that it gives us a part in the bounty is just an extra. Personally, i am only in the signature programme in the bounty.
But nobody is getting paid directly to be in here; what i ment was that we are doing it freely and that THEN qualifies us for bounty. Not the other way around.
lol. i dont think i could come up with a more idiotic excuse to backpedal on what you said than this if i tried. last i checked most people dont get paid in advance for doing their job. they get paid AFTER the fact. "doing it freely" lol i guess i just go to work everyday because i love my job and am willing to do it freely but getting paid is just a nice bonus. it doesnt matter what order things happen. you are PAID to shill the coin, thats it. there is no arguing that if it wasnt electroneum it would just be another coin. whatever you gotta do to rake in those dollars. So you're comparing your freaking job to a disruptive crypto coin? what a great job you have. Listen, do you really think anybody here knows what the f*** anyone is going to get from the bounty or what we're qualified for ? Not at all. Myself am most likely not going to get anything, that depends on my lawyer. So you might just run into that one guy who is not getting paid, but the fact of the matter is, you know at your job that you're getting paid, and if you love it, it is a nice bonus perhaps, compared to other people who are just doing it for the money. Depends on your priorities, so your arguments are really invalid. I know plenty of people paid up front. but you know what? Have a good one mate, because i am not discussing this further with you |
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The fact that they're honoring the 40% is amazing, that's the sort of thing that lets you know this isn't a scam. It's a legitimate project, most token sales wouldn't do such a thing for their users.
Very professional!
I agree with you. Never seen such a commitment like this before on ICO. All the respect for the team. There are some good teams out there. It's not like there are no other good teams, but this one is definitely a good one! Yes, they immediately resolved the issue and pretty happy with their response and mitigating action for future contribution periods. I will very likely continue to buy more coins. Also, I would like to point out one stark distinction about this ICO in that they are not giving themselves any coins (correct if I am wrong- as I didn't see anything in the whitepaper regarding this point). One aspect of current ICOs that is extremely pissing me off is that many are not only collecting funds from the coin/token sales, but they are also allocating close to 50% of the coins to themselves as well which translates into extreme greed and the centralization of the coins - which allows for massive dumps by them. Case in point is Blackmoon Crypto. If you have a very strong and honest and transparent team, I would even want that team to hold a good bag of coins because their motives are more aligned with those of the investors. But I agree with you, something like 50% or so really sucks. And it sucks even more if a team does not constantly deliver then and the price keeps dropping. I like how much this team is keeping, ZERO COINS for themselves. What this team has invested that will motivate them, is all of their own money spent on the project. They will get 20 million coins for the devs though. |
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I almost believed on this optimistic speculation thread but I'm a bit disappointed when I see that most of the members posting here are wearing electroneum signature and avatar. I don't know if they are paid to post or not. But anyway the projects seems so solid and good.
Nobody is paid to post at all, the community is doing this out of free will and a belief in the coin.
Anyone on the sig campaign are only getting Electroneum, not BTC.
So they have to believe in the coin because if shit, they wont get paid shit.
you guys are so full of shit its unbelieveable direct from the signature campaign - https://bitcointalk.org/index.php?topic=2188325.0The posts should be spread for full week not for just 2-3 days otherwise your payment will be 0 for the week.
7 posts in the alternate cryptocurrencies section are requried each week, Total 25 minimum
Junior Member: 0.002 BTC per week{0/15 Spots open}
Members: 0.004 BTC per week{0/15 Spots open}
Full members: 0.008 BTC per week{0/13 Spots open}
Senior members: 0.013 BTC per week{0/10 Spots open}
Legendary/Hero: 0.02 BTC per week {0/7 Spots open}
Payment day: every Thursday/Friday
NOTE! If you enter BTC Signature you won't get rewards in electroneum
you can and im sure most people get paid in btc. now get back to peddling ur shitcoin. want to make sure you get in those 25 posts every week or you wont get paid. lol Hey dude. We are not getting paid like we're told to go in and refute claims because then we will pay you. We could discuss things freely about anything in regards to ETN, just the fact that it gives us a part in the bounty is just an extra. Personally, i am only in the signature programme in the bounty. But nobody is getting paid directly to be in here; what i ment was that we are doing it freely and that THEN qualifies us for bounty. Not the other way around. |
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So if everybody's mining it on their phones, who are they going to sell it to?
How long will our batteries last? A long time. It is not overheating, draining or damaging your phone and it doesn't set you up for a huge bill in data costs. |
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whether bounty is finished all. ??
Bounty is not finished at all. |
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You?ll notice Kraken charge a 0.00500 ETH for withdrawing ETH. Ignore the transfer fee. Electroneum Ltd. will absorb this charge and issue the full amount of ETN including any bonus. This is said in your Kraken guide. However, I just transferred a small amount of ETH and the 0.005 ETH were deducted. It is only a small amount, but I'm nevertheless a little upset. Can you explain why that is? Many thanks in advance. Hi! I can only urge you to write to them if it has taken some time to get your fee absorbed. The absorbtion is normally done manually as far as i have understood, and it can just be the case of someone not getting to it yet. I have notified the devs about this right now, but a support ticket is never a bad idea: support@electroneum.com |
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is this ICO finished or there is still chance
Still a chance! |
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I've bought into the ICO as think if it gets mass adoption it's a great concept with real world use. Team looks solid and plans look really exciting (potential is humungous particularly for mobile mining to get non crypto users familiar with the tech and how to access the market).
Is always going to be speculative but I have a good feeling about it!
Don't invest in the ICO. You might find people wanting you to purchase coins during the ICO though the thing that you should do is purchase during the coins dump when it hits and exchange. Correct, I have not watched this ico closely but unless they have everything ready it is not a good idea to invest in the ico, wait for it to hit the markets and wait until people begin to get exasperated by the development and they want out by doing this you can get coins with a very nice discount. Yup. Look at bitdice ICO, that bounty hunters once they received their tokens starting to dump their coins once it is listed on HitBTC. So the price goes down a little after starting a good price. I have observed this to a lot of ICO as well specially once they got listed, there will be a good pump then th dumping continues. So I might as well wait how things will go before getting Electroneum. We advice every single person on our telegram to hodl, because we want them to believe in the project investing. This isn't some sort of quick-buck coin. This is for the long term, and to change the whole market; especially bringing in a lot of new people for the benefit of all cryptos. |
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I almost believed on this optimistic speculation thread but I'm a bit disappointed when I see that most of the members posting here are wearing electroneum signature and avatar. I don't know if they are paid to post or not. But anyway the projects seems so solid and good.
Nobody is paid to post at all, the community is doing this out of free will and a belief in the coin. |
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Hello All,
Came across this Electroneum ICO . It looks like, it is for gaming purpose. any insights about the ICO and future.
It's certainly not Britains first crypto - memory may be failing but feathercoin, piggy, gamecredits, britcoin etc etc How do they intend to make phone mining sensible or worthwhile? Miner will get cracked and will be done by botfarms making mining for phone users a nonsense. This happened over and over starting with quark and on to the cryptonotes. Have you read how the mobile miner is functioning? It is allocating coins to the user when the user runs the app, based on a twin algorithm; that way you cannot add blocks to the blockchain with the mobile mining experience (Hence the experience - it is sort of a simulation). It will never be profitable to run a botfarm with phones at all compared to desktop mining in this coin. |
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The easiest way to learn about Electroneum is to start your research with this video! https://youtu.be/JZ8UfHG5vVwHere is another video with a 30 MINUTE DETAILED INTERVIEW WITH THE DEV CEO RICHARD ELLS This explains how the mobile mining works WITHOUT USING THE CELL PHONES RESOURCES TO POWER THE BLOCKCHAIN AND MINE REAL CRYPTO COINS!!! From my research and what ive been seeing around, it looks like electroneum may be the next cryptsy. they will eventually exit scam and it will be gone. go and try to talk to the devs, you cannot even get a response Thats funny he was just on telegram today?? You need to brush up on your research skills Fresh update from Richard this morning on Telegram:  Quoted for showing the image. Hmm I know Contraband is running the thread day and night. When does contraband sleep. Hehe contraband? you telling me my research is bad?? i waiting 5 hours in telegram for an answer and got nowhere, the community is not good. quit trying to shill this coin What answer did you try and get on the Telegram? I am there 10-15 hours a day answering every single question i can get my hand on, if i missed yours, i do apologize. |
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My understanding is it simulates mining. So therefore no resources used on your phone. They just look at the specs of your phone and you get tokens based on that. It is essentially still mining, just a simulation of it. As long as you get tokens for using it that is what mattters. Better to mine like this than melt your phone. The actual mining will be on PC’s. Is this actually correct? Just asking. But if it is correct, then it would be much more convinced of the system really being sustainable. Yes it is correct. A question about 'mobile mining':
I understand from the whitepaper that it is just a simulated mining and I imagine that the coins you get for your 'mobile mining' have to come from
(A) a pool of pre-mined coins or
(B) someone has to mine them with 'real mining' (as in generation of new blocks and adding them to the chain) and distribute them to the mobile miners.
Is it A or B?
In case of A, is it the pool of unsold coins "bonus pool" in the whitepaper? What happens if you sell all of the pre-mined coins in the ICO?
In case of B: Who is doing that job? For how long ...
Neither A or B The mobile miners are still mining coins. It's not just premining a bunch of coins and handing them out to the mobile miners via the game. There is a twin algo with a centralized processor that allows them to mine mobile without burning up their phone. The bonus pool you are asking about amoumts to only 20 million put aside for bounties out of 6 billion coins in the ICO, and amounts to less than .00095% of all coins. There is zero premine for the devs. Contraband which is it? Are you mobile mining or just simulating? Where do the coins come from if its just a simulation? The app is rewarded coins for running the twin algorithm, which means it gets allocated a certain number of coins, determined on how much power the phone can allocate to the mobile mining experience. That means, less apps running, a larger return from it. Afaik, the blockchain generates a small tax allocating it to the mobile mining expeirence, which gets bumped up by the pool of unsold coins, to further incentivize people to run it. |
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Official Statement from the devs on Facebook, put up 1 hour ago:  |
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Hi guys.
I am, first of all, very sorry for the inconvenience this thing is causing, and we are all on the telegram very frustrated and annoyed with this.
Tomorrow i will get some information on how to let the devs know that this has happened, if, knock on wood, it happens again; it is 12.30 in the middle of the night in England, so it is hard to reach them by the means that we in the community have available.
I know this causes frustration and is annoying, but there is nothing we as the community can do right now except wait it out and talk to them tomorrow. I can assure you i will be in here updating this as soon as possible to let you know what the solution will be to this annoying problem.
- Mathias
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