Is Electroneum a SCAM???

[Tyrantt]

lol I saw the title and as the page was loading I was already ready to hit the reply button instantly, but than I've read the edited post :'D

for everyone who skipped or isn't met, electroneum isn't a scam.

[allycn]

From what I've read, the team behind Electroneum has already finished developing their blockchain, offline and mobile wallet, and desktop mining software. So this is a product that is ready for the market (launch is November 1st). More than a week ago the team mentioned they had enough funds to make this project massive, but were already investing funds into translating everything into different languages and advertising in order to reach more people, more territories, more markets. Why invest so much time developing something just to scam people? Would have been much easier to simply write a whitepaper, create a website and other social media accounts instead of putting so much work and effort.

Of course there are no guarantees this project will be successful and sure, if it fails people will call it a scam, but after seeing how the team has been communicating I trust them. However, I do think that because their focus areas are gaming and gambling, it has a better shot at disrupting the industry and being successful.

In case you are wondering, here are the token sale stats from the last couple weeks:
ETN Token Sale Stats               October 17th, 2017      October 10th, 2017       October 4th, 2017
Number of Token Sale Users:         209,900                          53,920                        35,243
Total ETN Sold:                         2,858,320,633               1,300,967,288              965,404,178
Total ETH Raised:                        28,971.8841                15,365.3426                11,880.1735
Total BTC Raised:                          2,991.9391                   1,254.9082                 871.5965

[AGAzur]

STOP USING THE WORD MINING.... MINING ENVOLVES COMPLEX CALCULATIONS AND PROBLEM SOLVING!!!!!!!!!!!

ELECTRO WALLET WILL NOT MINE!!! I REPEAT, WILL NOT MINE!!!!

ITS A GAME THAT SIMULATES IT. THERE WILL HAVE TO BE REAL MINERS EITHER WAY... YOU THINK THEY WILL MINE A COIN, WASTE ALOT OF THEIR MONEY IF YOU CAN HAVE THE GAME OPEN ON A MOBILE AND MAKE 10X WHAT THE MOBILE USES?

HOW LONG UNTILL I CAN BREAK IT TO MAKE IT THINK I HAVE A QUANTUM SMARTPHONE?

AND WHEN WORD COMES THAT BY HAVING THE GAME ON YOUR PHONE YOU GET 20-30$ EVERY MONTH FOR FREE? THERE IS WHERE YOU CAN SELL YOUR OVERPRICED ELECTRUM... BECAUSE AFTER THAT RALLY IT WILL DIE AS VALUE IS NOT CREATED OUT OF NOTHING AND YOU KNOW THAT PRIMORDIAL "MARKET LAW" - WHAT IS UNSUSTAINABLE WILL NOT SUSTAIN ITSELF



0 brains.... value isnt created out of nothing...

next bitcoin will also fork to offer free coins just to "create a mining experience so they can feel it"


ffs sorry capslock...........................

it doesnt mean it is a scam.... smart people markting the words that sell... that is all
and of course creating the "discount" campaign so everyone thinks he is getting a damn good discount

[Selly Arumsari]

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!!!

electroneum is good project and almost the people always saying about electroneum like famous ico
i'm shock about 3K bitcoin raises in token sale is mean the ico successfull and not scam ico

[cryptochr]

Looking at their over active account on telegram, I
WOuld surely trust their success!

[AGAzur]

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!!!

electroneum is good project and almost the people always saying about electroneum like famous ico
i'm shock about 3K bitcoin raises in token sale is mean the ico successfull and not scam ico

electroneum is a good project because it raised alot of money.... that is the dumbest argument in history... yeah i never seen a scam gather a shit ton of millions before

[Lord casanova]

no bro just invest if you want to.. I have seen a video where a guy was saying that it is scam without any logic..

[AGAzur]

Looking at their over active account on telegram, I
WOuld surely trust their success!

but success in what? what are they creating that is needed? what are they creating that is better? please explain I dont understand...
they say it themselves.... its just like bitcoin... but its mobile...

[rainbow169]

Looking at the team and project (UK based), I wouldn't call them a SCAM. I think there is difference in trying to raise a lot of money by knowingly doing little things vs, trying a new concept but very risky that could fail. Mobile is an area that huge potential but to start with, I am not sure they can get on to the iOS market as that might not get pass app review stage. Secondly, having the coin mining on the phone is still a very new concept to be proven, even if the claim is that it will not impacting battery life, the truth remains to be seen. Another problem is the huge supply, a massive dump is likely to happen in the first few days.

[CryptoDreamz]

It states that opening on the exchange is .01. Isn't that a lot on the exchange on opening, I mean you can take a look at CoinMarketCap  and see a lot of altcoin with that amount of volume is worth less that a  penny. I can see if folks bought at the beginning and make a small profit once open on the exchange. I can see folks dumping right away. I'm new so I'm just asking to learn.

[AGAzur]

Looking at the team and project (UK based), I wouldn't call them a SCAM. I think there is difference in trying to raise a lot of money by knowingly doing little things vs, trying a new concept but very risky that could fail. Mobile is an area that huge potential but to start with, I am not sure they can get on to the iOS market as that might not get pass app review stage. Secondly, having the coin mining on the phone is still a very new concept to be proven, even if the claim is that it will not impacting battery life, the truth remains to be seen. Another problem is the huge supply, a massive dump is likely to happen in the first few days.

the thing is that they tricked you again... you dont mine you SIMULATE mining... meaning its a game.
and a project isnt only one out of 2 (scam or great). they created an product that looks good seems very cheap smelled very well but that offers nothing new aside of a game witch creates wealth out of thin air.

they sold you the fidget spinner of cryptos probably.

[sandy14350]

if devs deliver the things promised.... it would be a super hit project.... but mining on mobile is such a unique technology which would be the first of this kind in the crypto.... lets hope this become the reality and all earn from the tokens 

[puremage111]

Imo its a good project, calling it a scam now is too early as they alrdy have their existing wallet and websitr available

With more than $10M raised and ongoing, if the developer does give a real development there, electronuem can outperform most of the new ico

[BitCaptcha]

Imo its a good project, calling it a scam now is too early as they alrdy have their existing wallet and websitr available

With more than $10M raised and ongoing, if the developer does give a real development there, electronuem can outperform most of the new ico

Hope so... I got 130,000 tokens invested. lol

[v3liana]

I do not know, you should invest according to the information you self-study and decide, not to crowd, not follow the feelings and ensure your investment if lost does not affect your real life.

yes let your self to decide wether its promising or a scam. in my opiniom electroneum seems copy cat of mew. and i dont trust it would be so usefull as mew so i dont wamt to invest in it

[travelgear17]

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!!!

Do you have any reference regarding this comment so that it can proof that you are right ....?
i think you get some fake news about electroneum project if you have look into this project you get clear everything about your doubt.

[JohnnyCash$]

Hey idiots.  Lets have one thing very clear.  Electroneum DOES NOT MINE on cellphones.  IT SIMULATES IT.

Understand or are you that stupid to know what that means?

There is absolutely no fucking value created by using electroneum because IT DOES NOT MINE ON CELLPHONES.  Only SIMULATES it.  Meaning its a fucking mining GAME.

[trk]

Calling it a scam while it have over 250k users and $25m collected during ICO with 2 weeks left

[JohnnyCash$]

Calling it a scam while it have over 250k users and $25m collected during ICO with 2 weeks left

oho come back here afterwards when you get burned and tell us all about how great the fall was?

[HushRah]

Even I thought it'd be scam at first, but looking at all those stats my doubt is clear now and it's a legit one