Is Electroneum a SCAM???

[NoiseBoy]

Where is the marketing? I doxed the dev team, which wasn't too hard when they post all their LinkedIn. They are big players in the internet marketing industry in England. They can do it for free!?! I even looked up the coins head guy Richard Ells and called his headquarters. I asked the secretary about Electroneum? I was transfered to a guy that asked me how he could help me with my questions. So I asked, "why aren't you marketing this ICO?". He said, "they are and more is coming." Do you see any marketing? WTF.

The ICO starts in 3 days!!


EDIT

No, it is definately not a scam.

They have raised 3 million already.

I was worried about the marketing, but now I see their ads everwhere I go on the internet, so the guy wasnt kidding when he said the marketing is coming!!

Damn!!! Ive never seen a coin hit mainstream news sites!!!

Two things I really like about this: one, you took your due diligence so far as to actually call up a team member at his office; two, that you edited your post to reflect new information rather than just shrugging and not worrying about any impact it might have.

[iwouldntknow]

Been talking to some of the team, seem very dedicated and have a clear plan.

People look at the white paper and miss the key element of why ETN has potential. The mining app is nothing more than a publicity and distribution method. One which opens up access to a currency that currently only a tiny % of people see. Once people start collecting it, companies will start integrating it, once that happens it snow balls and becomes self perpetuating.

Its also REALLY interesting to me that I've been contacted by 2 non-crypto friends who mentioned Electroneum. I've never had this on a currency before, let alone one this early on.

Definitely one to watch and not a scam.

Lets say people actually collect it, how many years would it take before the average collector could use it for anything?  It's not like companies adopting this would be a quick process.  Today's society is conditioned to jump from one thing to the next.  At best it will be a fad and people will forget about it in a few months.  And I don't know people keep acting like that will happen anyways.  That's not even the focus of the devs.  They are focusing the gaming industry, not any true widespread adoption by the general public. 

And I'll say you're full of shit when it comes to friends asking you about it unless you're from the UK where the buzz might be greater.  Even my crypto knowledgeable friends no nothing about it.  It's just trying to make it seem like it's something bigger than it really is. 

[Snactolate]

I do not think electroneum is a scam project, as there were too many similar projects like this, lots of negative issues circulated, but eventually after the project was a success, it proved that the project was not a scam project, I think it's best to analyze the elecroneum first

its probably a scam

You have your opinion on it of course. We will need to see what happens after the coin gets launched. The coin won't last three years, it may do well within this year and maybe the year after that.

The coin will not only last waaaaay past 3 years, but that would be about the time it would need to secure a spot in the top 3.

In 3 years
Bitcoin
Ethereum
Electroneum

It will easily beat Bitcoin Cash, as it is not Bitcoin or Cash lmao

If ripple gets lucky and replaces SWIFT in the Banking industry, then ETN my be at 4.

But gone, I must say you are INSANE!!!

Electroneum will never get that big simply because of the market cap of a huge 21 billion supply. The most it could reach is a 21 billion market cap at $1/etn. That's assuming it gets mass adoption. Let's be a little more realistic...

You really should read the white paper completely before making assumptions. The 21B market cap can be increased after 3 years if needed for mining. The devs aren't some seedy guys sitting in a basement, they are established, known, and successful already. This coin will surprise all of the critics... it's averaging 350k per day this week, it was 150k last week, exponential growth is a good sign... think Moore's law.

[nilscrypto]

This looks like a very interesting project.
several months later, I am looking forward to seeing this project.

[Janneman]

Have invested $300 into this project and planning to invest more!!
The whitepaper is very promissing and I am 100% certain it is not a scam.

Are you also looking into investing in Electroneum??
Use this referal code: 7D3DB3 when you register or use the link below to get a 1% extra bonus on your investment! Above the 30% (till 5th october) you already get!!
https://my.electroneum.com/join/7D3DB3   

Example:
30% Bonus (till 5th October) Invest $100 > Get 13.000ETN + 1% (130ETN!!) Total: 13.130ETN!!
20% Bonus (5-11 October) Invest $100 > Get 12.000ETN + 1% (120ETN!!) Total: 12.120ETN!!

I expect the coin to go to $1-2 within 2 years so... HODL!!

good luck everybody and let's make this BIG!

[smith136]

they are legit and i saw a lot of advertisements from them in many sites here in the internet, they might be one of the strongest and successful ICO of oct.
i read thei roadmap and the entire whitepaper and it is very promising,, im thinking of investing on them  because they have good objective and the quality of their team is good as well.

[Cranidos]

Where is the marketing? I doxed the dev team, which wasn't too hard when they post all their LinkedIn. They are big players in the internet marketing industry in England. They can do it for free!?! I even looked up the coins head guy Richard Ells and called his headquarters. I asked the secretary about Electroneum? I was transfered to a guy that asked me how he could help me with my questions. So I asked, "why aren't you marketing this ICO?". He said, "they are and more is coming." Do you see any marketing? WTF.

The ICO starts in 3 days!!


EDIT

No, it is definately not a scam.

They have raised 3 million already.

I was worried about the marketing, but now I see their ads everwhere I go on the internet, so the guy wasnt kidding when he said the marketing is coming!!

Damn!!! Ive never seen a coin hit mainstream news sites!!!

I understand your concern about the whether a certain ico is legit. There really is no way to find out until we've seen results. I hope that you've invested in this project because it really is a good one that's also one of the reason I am advertising them aside from the extra btc I'll be earning. It's good if you believe with something that you are advertising.

[cryptohorsee]

well there is something going on with this ico, wait till it hit the exchanges.

[DraGonD]

Electroneum seems like a legit ICO. If anyone has any doubts, do your own research. If by the end you're still unsure, either invest a little bit or ignore it completely.
I've just made a small investment, a sum that would not bother me even if it turns out to be a scam.

[allycn]

My opinion may be seen as biased as I am sporting their signature, but I doubt this is a scam. Why would someone with a an established company ruin risking their reputation by running a scam ICO? That would be the end of his career and everyone on the team.

I only joined their bounty campaign because I was planning on investing in it as it was a solid product. It does have a strong team, a concrete idea with realistic goals and token applicability. As much as I would love to see 100x increases, I don't think it is realistic. Only time will tell if it indeed reaches the mass audience they are aiming for.
But I am more impressed now that I know they actually have a phone number and a person that could answer questions, and see their ads everywhere online (yes, they are targeted ads, but they are still investing in them).

I do appreciate OP doing the work to contact the team, and then editing his first post after finding more info (wish more people would do that).

[johnwest]

Not a scam; just a well done and promising project.
 
More than 34k investors and 7 usd milion raises atm.

30% bonus is over;  but you can still get a 20% bonus plus an extra 1% bonus using the official site link below:

https://my.electroneum.com/join/95D68D

Electroneum has done far more than being successful, it has brought hundreds of people into crypto world. I have seen a sudden surge in the members of the community.

[Spoetnik]

No clue.. can't be bothered to check.
But i do know the name is fucking retarded as all hell. 

Is it an ICO ?
Then yeah it is.

[Ranly123]

Where is the marketing? I doxed the dev team, which wasn't too hard when they post all their LinkedIn. They are big players in the internet marketing industry in England. They can do it for free!?! I even looked up the coins head guy Richard Ells and called his headquarters. I asked the secretary about Electroneum? I was transfered to a guy that asked me how he could help me with my questions. So I asked, "why aren't you marketing this ICO?". He said, "they are and more is coming." Do you see any marketing? WTF.

The ICO starts in 3 days!!


EDIT

No, it is definately not a scam.

They have raised 3 million already.

I was worried about the marketing, but now I see their ads everwhere I go on the internet, so the guy wasnt kidding when he said the marketing is coming!!

Damn!!! Ive never seen a coin hit mainstream news sites!!!

I can say its up to your understanding on how it would work or how it would benefit you. We often say its a scam but when you understand everything on it you can tell wether its scam or not.

[juliasomething]

I've just recently started to read about digital coins, and apparently, I have no idea how it works exactly.
But from my short life existence, I do tend to trust things and people based on the appearance. And I have to tell you this. The white paper seems a bit too nice, and the photos of the team are just something I cannot really believe. It seems to me like they've all been to a photo shoot or something... And their job is to implement a new coin, not to have pretty pictures. Maybe it's just me.
But I've learnt that people make decisions based on their so-called intuition, which sometimes has no explication nor is it tied to real facts.
I hope my feedback helps, no matter if you are real or scammers. No matter what, you have to do your job right! People can feel that.

[hdclover]

What is scam?
"A scam or confidence trick is an attempt to defraud a person or group by gaining their confidence."

By the definition we can clearly say whether it's scam or not! Electroneum is giving us ETN in exchange of btc/eth and they also have promised mobile miner which would probably be released on November 1st. If it happens and everything went well as they promised then there is no fraud. If it failed then we can consider it as a scam.

[onyebuchi81]

Electroneum is one of those coins u just fall in love with when u read their white paper. I think their selling feature is the mobile mining feature. Honestly I don't think u can call it a scam when nobody have complain of been scammed with more than 3000 investors raising up to 5 million in both ether and btc.its just bad pr.and unsubstantiated topics like this will only serve to make some potential investors skeptical of the project

[Hafik]

Kalau memang scam, bisa menagis semalaman. sepertinya ICO ini berjalan sangat lama, kemudian partisipannya sangat banyak. mungkin manager bountynya cukup kerepotan untuk memberikan penilainan. yaa semoga saja ICO nya cepat selesai dan hasil bounty cepat diumumkan

[davey76]

This is the first ICO I really really believe in.
I'm an investor.
And I am not the only one, the numbers as of now:

40,169 registered investors
Raised: BTC 1032 + ETH 13337

You still get 20% Bonus that ends 12 October 2017. The coins are $0.01.

Check it out for yourself: www.electroneum.com

I don't believe it will turn out to be a scam.

The best thing is that the coin will be mineable on your phone! My (old) phones will be mining from 1 november

[silent17]

On my opinion, of course Electroneum is not a scam. Please read there white paper & check there website so that you will gain a lot of information about them.

[SpearTackle]

Woah ! Electroneum is not a scam. "I have been a buyer and holder of bitcoin and Etherreum for a long time but this will be the first ICO I buy into." --Duncan Logan.
13407.99297191 Ethereum raised.
1038.57599579 Bitcoin raised.