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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: October 16, 2017, 11:04:55 PM
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I'm so new here and I've written my first thread in Bitcointalk and it's about my Electroneum speculation: "Why invest in Electroneum?". Would really appreciate if you can go to the link and participate in the discussion. Link below(also hyperlinked in this reply):
https://bitcointalk.org/index.php?topic=2277987.0

Links are not working...

Gany

Link was deleted, probably due to posting in wrong forum. But anyways, here's what I wrote about my take on investing in Electroneum.

I've been following Electroneum for quite some time and have invested a good amount of my part-time earning in it (currently a student).

Electroneum Statistics:
So, let's take a look at the current statistics of Electroneum (at the time of writing):

Number of users: 143,042
ETN Sold: 2,487,687,993

3 days ago, there was around 1.7Billion sold and I told my friend, "They will probably sell 2.4 Billion by the end of the ICO". I was so wrong. They are literally getting around 10000 new users everyday with an average of 100000 ETN being sold every 5 minutes(probably less).

With the current stats, I am really seeing most of the coins being sold by the end of the ICO.

At 10000 users a day, we are looking at 150000 more users by 31st Oct, totaling 290K+ users. This value does not  seem far fetched anymore.
So, we are looking at 144,000,000 ETN being sold per day and with 15 days left, I'm guessing around 2 Billion ETNs will be sold, maybe 1.6 Billion to be conservative.

So, the Electroneum ICO is probably ending with around 300K users, and around 4 Billion ETNs sold.

What can we see based on those data? Electroneum has already gone viral before it even launches and I must admit that Ells and his team have proved that they really know what they are doing. Such is expected from such a team!

What makes Electroneum great?

The ease of access to Electroneum will make more and more people want it. With so many people having access to smartphones, Electroneum could set out to become a currency used by people daily as it already is providing a mobile app. Just imagine being able to accept and pay ETNs directly from an app just the way you can do it with the Paypal app? I can't wait for that honestly. The good part about this is it's Electroneum team itself who will build and hand out the app and it won't be a third-party app. I think that this has the potential of making ETN the Paypal of cryptocurrencies. They managed to make what was already available much much simpler for the average person and this is what will make it great. They have room for constant innovation and the funds will help them achieve those goals.

Moreover, by targeting the gaming industry, Electroneum opens many doors for Indie Game Developers who might be able to use their API, and make some revenue with their games. This seems very promising. As a developer myself, I am looking at the possibility of taking ETNs as payment as from November 1st. Although I'm still a student, with no investing knowledge except for some economics 101, I see a bright future for Electroneum.

Electroneum price speculation
With that said, given the recent investments from high profile individuals making the news, the future of Electroneum looks bright. If they manage to reach the 4 Billion ETN sold and if the ICO brings around $25 Million, we are looking at around $0.006 per ETN which is lower than the ICO price. But given the hype and the high profile people investing in it, Electroneum might be actually trading for more than $0.01 on November 1st.
We might be looking at atleast a 2x increase by the end of December and I highly believe that Electroneum will be the cryptocurrency making the waves in 2018. In a year, it would not be a surprise if Electroneum reach $0.5+.

Final thoughts

If you're looking at getting into the cryptocurrency game, either for fun or to really make a long-term investment, I highly suggest investing in Electroneum. The team is solid, the product is great and the future looks bright. As a student of Mathematics and Computer Science, Electroneum is one company which I would really like to work for, which is my way of saying that they are really innovative and I trust in their product.

Just remember, as with anything which comes with a risk, always invest only what you can afford to lose.  Smiley

If you enjoyed my post, please show your support: Click here for my Electroneum referral for 10% Bonus (9E5EAF) and 1% referral bonus. Smiley
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: October 16, 2017, 09:58:50 PM
I'm so new here and I've written my first thread in Bitcointalk and it's about my Electroneum speculation: "Why invest in Electroneum?". Would really appreciate if you can go to the link and participate in the discussion. Link below(also hyperlinked in this reply):
https://bitcointalk.org/index.php?topic=2277987.0

3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: October 16, 2017, 09:05:57 PM
So, im with this coin since the very beginning. I saw alot of potential for a big scam and said so.
Still something kept me sticking to this coin. At first i thought the mobile mining XP would be a bad thing since nobody cleary stated it from day one and it felt like cheating on the userbase.
The more you think about it tho the better it gets. Im still unsure if this coin will fit a proper purpose in near future but does it matter at all? Truth is: No.
Nowadays its all about marketing and getting viral. Starting small will not gain you anything in this fast growing market. But opening up a wide market / getting accessable to a big userbase could automatically lead to big success. Atleast there'll be possibilities to fit a purpose and its all on the dev team to spot and use those.

Luckily i did get some at 50 & 30%, even tho my possibilities are very limited. Wish i had spread the word with my ref link. Wish i could get some more now. For sure i would invest a ton more of what i invested already, if i only had some more.

If this coin will spread the word and it recently did already as we all can see with the growing memberbase, it could hit big.
Already got a day off work for the 1st nov and i can say im a little excited.

Right now we are at 142k registered users with a stunning 23m $ invested.  (My initial prediction was about 9m at top.)



The main targer for electroneum now and in the upcoming months should be
A working app,
listing on exchange
a technical secure environment ( secure the website, the app, the data)
So making sure that everything works as it should

So the basic stuff that a coin need....The greater projects should come in the future, once the coin has a solid base
No need to rush ....

This! Electroneum is not designed to hit it big quickly (although it might happen). Rather than just focusing on getting the coin out there, the guys behind it want to seize a market, as we already know. The strategy is to try and get it included in several major products and they have the proper networks for that. But that takes years. I think that within 3 years the price will be good. The applications of Electroneum look really promising. Cannot wait for their API to start using it.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: October 16, 2017, 06:42:52 PM
One thing I thought about today...

If Electroneum want to be a currency for inapp purchases - what will Apple and Google say about this?
They will not earn money with this way of inapp purchases and so I think they will not agree with releasing apps that are using ETN.

What are you thinking about this?

Gany

I don't think it's something that Apple or Google Play need to worry about. Game developers can use any currency they want in  a game and if they decide to use ETN, I don't see why Apple or Google Play will have any problem if the people putting the apps on the stores are paying a fee for each sale? Maybe Electroneum will be including in Apple and Google Play as a means to accept payment for games. In that case this could literally blow things out of proportion and ETN might go up to 20+x

I think ETN will also allow Indie Game developers to gain a good market share and also make some money out of their games.

5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin on: October 15, 2017, 11:56:46 PM
Electroneum is getting more and more interesting by the day. I am new to Bitcointalk and I just replied to a thread and though I would put it here as well. What do you guys think of this analysis?

As a student from a second-world country, who has taken a good chunk of my part-time work to invest in it, I would like to give my take on this. This is the first ICO I ever buy into and I did quite some research regarding Electroneum.

The reason Electroneum will work is the fact that it can be used for gaming(and of course many other things, but the focus is gaming). Just imaging being able to transfer your rewards from one game to another after you get bored with the former game? So all the money you invest in gaming will stay in gaming and you might have a chance to make more depending on how their API will work.

Interestingly enough, we won't be seeing a lot of games around Electroneum anytime soon. It will take a good year before it's well integrated in games and start gaining more and more popularity.

So far, they have reached more than 110K registered users at the time of writing and it's probably going to around 280K+ users by the end of the ICO. This looks promising.

I did some math yesterday and its averaging at 30K ETN per user. Of course, the mean is really a bad statistical measure and not robust, but just to give an idea, if there are 170K more users who have on average 30000 ETN each, that's already more than 5 Billion and they have already sold  2+ Billions.

It might not be a surprise that the whole pool set for the ICO gets sold by 31st October. This would smash a lot of records.

Assuming all the 6.3 Billions are sold, we will have a market volume of 6.3 Billion by November. At $0.01, it will have a market cap of $63 Million.
Realistically, we can expect it to have a market cap of around $120 Million by end of December, which would be 2x increase. Good for those who want in and out fast. So if you want to have an idea as to why invest in Electroneum, I think this can help you make the jump.


So, I think that by end of December, if all goes well, we are looking at at least a 2x increase and 3x for the hopefuls. But as with any other cryptocurrency, we just have to wait and see. :-)

There is still time to get 11% bonus on your Electroneum purchase. Please use my Referral ode (9E5EAF) to Sign up and Enjoy some more coins while it lasts.


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