- Bad news came about about the company after the ICO that caused ppl to loose their confidence in them. Maybe least likely to happen?
But there are professional coin-haters out there who are exactly like the attack-dogs hired by the hedge funds to do a hatchet job on things like penny stock ISOs and other fledgling stock ventures.
They destroyed confidence in the penny stock markets like the OTC, and worse, many of the hedgies had access to things like NSA surveillance data, that is, ILLEGALLY EXPLOITING the covert wire tapping data and other black ops run by the likes of the CIA and the NRO and Echelon and Operation Keyhole and the the IRS etc.
Basically NO fledgling can afford the necessary privacy and security measure to evade destruction by the hedgies and having their intellectual property basically bankrupted and bought up for pennies after dissolution.
So now we have the era of the alt coin trolls doing the same thing. Throwing spanners into the works and the like to drive prices down, boosting negativity, exaggerating flaws, spreading false damaging information etc.
So beware of trolls intentionally spreading negativity to drive prices down or destroy competitors.
Electroneum is under attack because of a slight delay in introducing their mobile mining (iphone/android) application.
Worse, they are under massive DOS attacks etc, which is massively illegal btw , unless you are essentially above the law in some respect. (work for some shadow agency of some sort?)
The ICO coins are on lockdown because of hacking .
I predict the same for Electroneum when the locked down ICO coins hit the market, the price of the coins will sell off as ICO investors take initial profits
And the trolls have gone berserk trashing Electroneum , battering it almost beyond recognition, so it may never fully recover.