Tristan1337
Member

Offline
Activity: 98
Merit: 10
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November 03, 2017, 03:39:54 AM |
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I have some points:
1 - Ok, miners and expert people mined a lot and sold all their coins. The results is the big drop from the starting price (It's understandable) 2 - Let's consider the price going down to 0.005 - We would get a LOT of buyers at this price, which will make the chart rise again, right? Because most of the buyers and ICO investors bought at 0.01... I doub't there will be a big sell orders in less than this ICO price. 3 - If the price went down to 0.01 or 0.005, there will be not a worth price for miners nor ICO investors to open a lot of sell orders due the low price.
So... Let's wait for all the miners sell their coins, make their profits, wait for the big dump after people sell all their bonuses coins and we will get the real market value. Plus, there are a big number of investors waiting for this dump, so they can buy at low prices.
If I am wrong, correct me with valid arguments.
Thank you
Yes you are correct. I will buy back with the profit I made first day mining when it dumps. You guys need to learn something. Mining will go on and on. The reward for every block is 7500 coins and there are 1440 blocks in day. That's 10M new coins everyday being dropped at the market. 10M at 1k satoshi is 100BTC per day. Even if they get the queen to support this shit, the queen will end up begging on the streets. LOL, price stability level 10 satoshi. I don't think people would sell for 10 satoshi unless difficulty drops a hell of a lot lol. Which i don't think it will. And ICO price was $0.01 I'm thinking 150-250 satoshi at least, until difficulty hits 20B+ range and block reward goes down. Plus doesn't the block reward drop on this coin? And what about reward halving etc. Where is the emissions curve chart??
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oldbit
Member

Offline
Activity: 203
Merit: 10
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November 03, 2017, 03:40:48 AM |
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I have some points:
1 - Ok, miners and expert people mined a lot and sold all their coins. The results is the big drop from the starting price (It's understandable) 2 - Let's consider the price going down to 0.005 - We would get a LOT of buyers at this price, which will make the chart rise again, right? Because most of the buyers and ICO investors bought at 0.01... I doub't there will be a big sell orders in less than this ICO price. 3 - If the price went down to 0.01 or 0.005, there will be not a worth price for miners nor ICO investors to open a lot of sell orders due the low price.
So... Let's wait for all the miners sell their coins, make their profits, wait for the big dump after people sell all their bonuses coins and we will get the real market value. Plus, there are a big number of investors waiting for this dump, so they can buy at low prices.
If I am wrong, correct me with valid arguments.
Thank you
Yes you are correct. I will buy back with the profit I made first day mining when it dumps. You guys need to learn something. Mining will go on and on. The reward for every block is 7500 coins and there are 1440 blocks in day. That's 10M new coins everyday being dropped at the market. 10M at 1k satoshi is 100BTC per day. Even if they get the queen to support this shit, the queen will end up begging on the streets. LOL, price stability level 10 satoshi. Yes, perfectly. But you are not considering that all these coins will be not mined for the same person. So... If you need to keep your computer turned ON for 24 hours to earn like - 300 coins. Still worth selling it at 0.005? 300 coins x 30 days = 9.000 ETN x 0.005 = $45 montly. Does it worth the effort? Still to be considered that: + coins mined = + difficulty. Mined it with gpu's. PC is not worth it. Latest miner softwares give the best hashrate, 2400h/s on single vega 64. your pc will die on overheat. 2400h/s will give you 4k dollars at this rate. go mine this coin quickly.
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bgdmxd
Full Member
 
Offline
Activity: 186
Merit: 100
Veritas Mining - Sustainable Crypto Mining
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November 03, 2017, 03:41:22 AM |
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Just tried to update the mobile app and of course there's a problem with it as well now.
They send a verification code to enter but the line to enter the code into is only set up to accept numbers, the verification code they emailed me is 90% letters. How in the hell am I supposed to enter that code?
This is comical at this point
I got exactly the same thing. Tried to copy & paste the entire code and only the few numbers in the code were pasted.
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felipeintheend
Member

Offline
Activity: 83
Merit: 10
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November 03, 2017, 03:42:24 AM |
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I have some points:
1 - Ok, miners and expert people mined a lot and sold all their coins. The results is the big drop from the starting price (It's understandable) 2 - Let's consider the price going down to 0.005 - We would get a LOT of buyers at this price, which will make the chart rise again, right? Because most of the buyers and ICO investors bought at 0.01... I doub't there will be a big sell orders in less than this ICO price. 3 - If the price went down to 0.01 or 0.005, there will be not a worth price for miners nor ICO investors to open a lot of sell orders due the low price.
So... Let's wait for all the miners sell their coins, make their profits, wait for the big dump after people sell all their bonuses coins and we will get the real market value. Plus, there are a big number of investors waiting for this dump, so they can buy at low prices.
If I am wrong, correct me with valid arguments.
Thank you
Yes you are correct. I will buy back with the profit I made first day mining when it dumps. You guys need to learn something. Mining will go on and on. The reward for every block is 7500 coins and there are 1440 blocks in day. That's 10M new coins everyday being dropped at the market. 10M at 1k satoshi is 100BTC per day. Even if they get the queen to support this shit, the queen will end up begging on the streets. LOL, price stability level 10 satoshi. I don't think people would sell for 10 satoshi unless difficulty drops a hell of a lot lol. Which i don't think it will. And ICO price was $0.01 I'm thinking 150-250 satoshi at least, until difficulty hits 20B+ range and block reward goes down. Plus doesn't the block reward drop on this coin? And what about reward halving etc. Where is the emissions curve chart?? Exactly as my answer... While it's profitable, it worth mining...
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ansi
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November 03, 2017, 03:48:07 AM |
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Just tried to update the mobile app and of course there's a problem with it as well now.
They send a verification code to enter but the line to enter the code into is only set up to accept numbers, the verification code they emailed me is 90% letters. How in the hell am I supposed to enter that code?
This is comical at this point
I got exactly the same thing. Tried to copy & paste the entire code and only the few numbers in the code were pasted. Those assholes are buying times man, i deeply fucking regret investing in this shit. i got 2 Pin code today too of those stupid 2FA that implemented it SUDDENLY & exactly the day the blockchain went live (lol, strange). The codes i receive are 2 hours valid, but guess what i receive them 15 + hours from requesting them. The first time i said maybe it's server problem, but now after the fourth time i'm dead sure they are bunch of asshole buying time before e see that famous ERROR 404 NOT FOUND. They made 40 million dollars so why keep working in the first place !!!
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contraband
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November 03, 2017, 03:50:37 AM |
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Richard Ells: Please bear with us we are currently working with Amazons team online. When we brought the system up and instantly got hit by a giant botnet. We are integrating some Amazon systems and incorporating them into our code to automatically block these based on behaviour and a number of other factors. We are working through the night, but it's looking very promising and we will have this live before we leave to get some sleep! Again, my sincere apologies for these delays, we are victims of our own success. It is only because Electroneum has been the largest token sale in the history of token sales (by participants) that we have become such a target. We have plenty of budget, thanks to all the contributors, and we are applying some of those funds to help make a stable platform that we can use to open the world of cryptocurrencies to a brand new, mass audience. Thanks again for your patience... Richard PS Remember - NOBODY has seen scale this size from an ICO type event. Largest Telegram group EVER Largest contributor number ever! Take a look at these stats of top 10 cryptocurrencies: Bitcoin 3m+ users - http://www.cam.ac.uk/research/news/study-highlights-growing-significance-of-cryptocurrenciesEthereum 1.6 wallets in April 2017 (2m+ Oct 17 – no definite figure found) Ripple wallets: 285,000 (Aug 2017) (max users 300k) Dash total wallets: 470,000 (Oct 2017) https://bitinfocharts.com/top-100-richest-dash-addresses.html (max users 470k) Litecoin 1.2m wallets (Oct 2017) https://bitinfocharts.com/top-100-richest-litecoin-addresses.htmlNEM 43397 wallets (Oct 2017) https://nemnodes.org/richlist/ (max users 43397) Bitconnect 10142 wallets (Oct 2017) https://chainz.cryptoid.info/bcc/#!rich (max number of users 10142) IOTA 22,245 wallets (August 2017) https://medium.com/@IngoFiedler_96862/iota-distribution-update-after-snapshot-from-08th-august-2017-21e92cf15eeaElectroneum 400,000 wallets (140,000+ holders of Electroneum - 120k contributors - over 20k miners) We have already overtaken some of the top 10 coins by user number - and we haven't even fully launched! Electroneum has an exciting future - thanks for sharing it!
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oldbit
Member

Offline
Activity: 203
Merit: 10
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November 03, 2017, 03:51:03 AM |
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Just tried to update the mobile app and of course there's a problem with it as well now.
They send a verification code to enter but the line to enter the code into is only set up to accept numbers, the verification code they emailed me is 90% letters. How in the hell am I supposed to enter that code?
This is comical at this point
I got exactly the same thing. Tried to copy & paste the entire code and only the few numbers in the code were pasted. Those assholes are buying times man, i deeply fucking regret investing in this shit. i got 2 Pin code today too of those stupid 2FA that implemented it SUDDENLY & exactly the day the blockchain went live (lol, strange). The codes i receive are 2 hours valid, but guess what i receive them 15 + hours from requesting them. The first time i said maybe it's server problem, but now after the fourth time i'm dead sure they are bunch of asshole buying time before e see that famous ERROR 404 NOT FOUND. They made 40 million dollars so why keep working in the first place !!! Most like ICO owners will get their coins when its in the 50 sats level.
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allcryptominer
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November 03, 2017, 03:52:23 AM |
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Mined it with gpu's. PC is not worth it. Latest miner softwares give the best hashrate, 2400h/s on single vega 64. your pc will die on overheat. 2400h/s will give you 4k dollars at this rate. go mine this coin quickly. Is that so? 2400h/s gives you 220 coins a day worth approx $15.
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oldbit
Member

Offline
Activity: 203
Merit: 10
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November 03, 2017, 03:52:47 AM |
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Mined it with gpu's. PC is not worth it. Latest miner softwares give the best hashrate, 2400h/s on single vega 64. your pc will die on overheat. 2400h/s will give you 4k dollars at this rate. go mine this coin quickly. Is that so? 2400h/s gives you 220 coins a day worth approx $15. haha first day.
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kenmasters34
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November 03, 2017, 03:54:56 AM |
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I have some points:
1 - Ok, miners and expert people mined a lot and sold all their coins. The results is the big drop from the starting price (It's understandable) 2 - Let's consider the price going down to 0.005 - We would get a LOT of buyers at this price, which will make the chart rise again, right? Because most of the buyers and ICO investors bought at 0.01... I doub't there will be a big sell orders in less than this ICO price. 3 - If the price went down to 0.01 or 0.005, there will be not a worth price for miners nor ICO investors to open a lot of sell orders due the low price.
So... Let's wait for all the miners sell their coins, make their profits, wait for the big dump after people sell all their bonuses coins and we will get the real market value. Plus, there are a big number of investors waiting for this dump, so they can buy at low prices.
If I am wrong, correct me with valid arguments.
Thank you
Yes you are correct. I will buy back with the profit I made first day mining when it dumps. You guys need to learn something. Mining will go on and on. The reward for every block is 7500 coins and there are 1440 blocks in day. That's 10M new coins everyday being dropped at the market. 10M at 1k satoshi is 100BTC per day. Even if they get the queen to support this shit, the queen will end up begging on the streets. LOL, price stability level 10 satoshi. Yes, perfectly. But you are not considering that all these coins will be not mined for the same person. So... If you need to keep your computer turned ON for 24 hours to earn like - 300 coins. Still worth selling it at 0.005? 300 coins x 30 days = 9.000 ETN x 0.005 = $45 montly. Does it worth the effort? Still to be considered that: + coins mined = + difficulty. Mined it with gpu's. PC is not worth it. Latest miner softwares give the best hashrate, 2400h/s on single vega 64. your pc will die on overheat. 2400h/s will give you 4k dollars at this rate. go mine this coin quickly. What is the latest software? I have two Nvidia 1060/6GB cards, and I am only getting 500h/s per card(1K total) Is that Vega 64 that much faster?
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Firdausiii
Jr. Member
Offline
Activity: 168
Merit: 1
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November 03, 2017, 03:57:02 AM |
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I have a member who is going to kindly QUOTE this message to ensure the images appear until our "electroneum" user reaches the required level. I am waiting for more information
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oldbit
Member

Offline
Activity: 203
Merit: 10
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November 03, 2017, 03:57:10 AM |
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I have some points:
1 - Ok, miners and expert people mined a lot and sold all their coins. The results is the big drop from the starting price (It's understandable) 2 - Let's consider the price going down to 0.005 - We would get a LOT of buyers at this price, which will make the chart rise again, right? Because most of the buyers and ICO investors bought at 0.01... I doub't there will be a big sell orders in less than this ICO price. 3 - If the price went down to 0.01 or 0.005, there will be not a worth price for miners nor ICO investors to open a lot of sell orders due the low price.
So... Let's wait for all the miners sell their coins, make their profits, wait for the big dump after people sell all their bonuses coins and we will get the real market value. Plus, there are a big number of investors waiting for this dump, so they can buy at low prices.
If I am wrong, correct me with valid arguments.
Thank you
Yes you are correct. I will buy back with the profit I made first day mining when it dumps. You guys need to learn something. Mining will go on and on. The reward for every block is 7500 coins and there are 1440 blocks in day. That's 10M new coins everyday being dropped at the market. 10M at 1k satoshi is 100BTC per day. Even if they get the queen to support this shit, the queen will end up begging on the streets. LOL, price stability level 10 satoshi. Yes, perfectly. But you are not considering that all these coins will be not mined for the same person. So... If you need to keep your computer turned ON for 24 hours to earn like - 300 coins. Still worth selling it at 0.005? 300 coins x 30 days = 9.000 ETN x 0.005 = $45 montly. Does it worth the effort? Still to be considered that: + coins mined = + difficulty. Mined it with gpu's. PC is not worth it. Latest miner softwares give the best hashrate, 2400h/s on single vega 64. your pc will die on overheat. 2400h/s will give you 4k dollars at this rate. go mine this coin quickly. What is the latest software? I have two Nvidia 1060/6GB cards, and I am only getting 500h/s per card(1K total) Is that Vega 64 that much faster? vega. your hashrate is just right. Maybe try OC mem. find the G-spot. 
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TheCryproMaster
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November 03, 2017, 04:02:02 AM |
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Richard Ells: Please bear with us we are currently working with Amazons team online. When we brought the system up and instantly got hit by a giant botnet. We are integrating some Amazon systems and incorporating them into our code to automatically block these based on behaviour and a number of other factors. We are working through the night, but it's looking very promising and we will have this live before we leave to get some sleep! Again, my sincere apologies for these delays, we are victims of our own success. It is only because Electroneum has been the largest token sale in the history of token sales (by participants) that we have become such a target. We have plenty of budget, thanks to all the contributors, and we are applying some of those funds to help make a stable platform that we can use to open the world of cryptocurrencies to a brand new, mass audience. Thanks again for your patience... Richard PS Remember - NOBODY has seen scale this size from an ICO type event. Largest Telegram group EVER Largest contributor number ever! Take a look at these stats of top 10 cryptocurrencies: Bitcoin 3m+ users - http://www.cam.ac.uk/research/news/study-highlights-growing-significance-of-cryptocurrenciesEthereum 1.6 wallets in April 2017 (2m+ Oct 17 – no definite figure found) Ripple wallets: 285,000 (Aug 2017) (max users 300k) Dash total wallets: 470,000 (Oct 2017) https://bitinfocharts.com/top-100-richest-dash-addresses.html (max users 470k) Litecoin 1.2m wallets (Oct 2017) https://bitinfocharts.com/top-100-richest-litecoin-addresses.htmlNEM 43397 wallets (Oct 2017) https://nemnodes.org/richlist/ (max users 43397) Bitconnect 10142 wallets (Oct 2017) https://chainz.cryptoid.info/bcc/#!rich (max number of users 10142) IOTA 22,245 wallets (August 2017) https://medium.com/@IngoFiedler_96862/iota-distribution-update-after-snapshot-from-08th-august-2017-21e92cf15eeaElectroneum 400,000 wallets (140,000+ holders of Electroneum - 120k contributors - over 20k miners) We have already overtaken some of the top 10 coins by user number - and we haven't even fully launched! Electroneum has an exciting future - thanks for sharing it! That's all good. But answer these two questions. 1. Why did you allow miners to get the jump ahead of investors it should have been put on hold. 2. Why do they release updates/upgrades/change of password at midnight their time when they are tired and unable to work anymore?
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oldbit
Member

Offline
Activity: 203
Merit: 10
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November 03, 2017, 04:06:12 AM |
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wait till your mined coins confirmed. need 60 blocks to confirm, maybe 2 hours then it will show on your pool. dont mine if you dont understand what you are doing. lol
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Tristan1337
Member

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Activity: 98
Merit: 10
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November 03, 2017, 04:07:55 AM |
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Not sure why people complain so much about the mining starting before the ICO was released. It gave the chance for those very same ICO investors to rent mining power and 100x their mining investment, in the first 24h. Plus still sell your ICO coins for at least 1.5x+ your investment. Seems like a win win to me. 
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oldbit
Member

Offline
Activity: 203
Merit: 10
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November 03, 2017, 04:09:11 AM |
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Not sure why people complain so much about the mining starting before the ICO was released. It gave the chance for those very same ICO investors to rent mining power and 100x their mining investment, in the first 24h. Plus still sell your ICO coins for at least 1.5x+ your investment. Seems like a win win to me.  They should release ICO coins after 2 months. no problem with me.
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Xenon05
Jr. Member
Offline
Activity: 228
Merit: 1
GPTCash Weekly Airdrop: https://discord.gg/RWPEsRa
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November 03, 2017, 04:11:04 AM |
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 waiting until the mobile app will be up soon but the difficulty is to rising and rising, for those a low pc average to mine its hard to get the coins. more miners are mining now with a good mining rigs.
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Eujenvanino
Newbie
Offline
Activity: 47
Merit: 0
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November 03, 2017, 04:14:29 AM |
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No of confirmations: 138
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