Is Electroneum a SCAM???

[invicta]

ETN is doing pretty well right now because they've just recently launched their mobile miner. This is pretty good to all ETN holders out there worldwide, even for myself. While I am working with something on my laptop, I just mine some ETNs from my mobile phone, and it looks pretty good.

I think I'm going to use another Android phone of mine for multiple mining. It's just that ETN is on the right track and massive adoption is on its way.

Think about what you are saying...

https://electroneum.com/2017/10/24/how-much-can-i-earn-as-a-mobile-miner/

Yet another false promise. He claimed 70 ETN a day with an S8, well, people are getting around 1 ETN or less. Yes, I know Ells claimed that it could fluctuate but there is 'fluctuate' then there is flat out lie when it's nearly a factor of 100 out. Well I'm sure the apologists will still find reason to defend it and I'm sure people will still dream of it going to the moon so they can get rich while doing no real work.

For goodness sake, you could run the Cryptonote CPU miner on your laptop and earn about 5 times more than this pointless 'mobile miner' even with a 3-year old machine.

By the way, if you use more than one mobile device, you will get blocked or that device will get suspended - don't say I didn't warn you. People are already getting suspended temporarily because their (Electroneum's) really intelligent algorithm thinks they are trying to cheat it. Seriously, 4 months for this POS software...

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On another note, I think DIW Token looks promising. Much more so than ETN.

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[rudox]

Electroneum is not a scam project. The project has since been proved a success. It is trading in many exchanges today and holders and intending holders are exchanging their coins without stress.

[invicta]

Electroneum is not a scam project. The project has since been proved a success. It is trading in many exchanges today and holders and intending holders are exchanging their coins without stress.

It's not a scam.

But it trades on 3 exchanges - 2 of which are shit and 1 is Cryptopia which isn't much better but is having problems with ETN (see any of the many threads).

Look at their social media feed. Even the die hards are getting sick of their promise of being listed on Kucoin and still not being done. What's the point in a cryptocurrency with no liquidity or ability to exchange?

[cherryganda]

I think after some research i made electroneum is not a scam and it has the potential to be on times 5-100 in some years.
we just need it to make it better and wait for their team to develop more their project.
people are holding their tokens and many are starting to hold more.

[blazingshockwave]

I am currently monitoring the progress of this coin, one thing I can assure is this coin is over hyped that is why it is losing its value on the long run. Maybe i will buy some of it if it reach the ground or a big dump.

[BitkoinJonny]

I think it's not a SCAM. I have 50 000ETN. And I'm going to HODL it until it will become price 1$.

[BroganBloodstone]

I think it's not a SCAM. I have 50 000ETN. And I'm going to HODL it until it will become price 1$.

Yeah. Right now is the time to HODL. Once they start splashing that cash they raised and all the partnerships start coming into effect, the price will rocket

[popolite11]

On my mind Electroneum has good capitalization. But the price results of its coins are too contradictory. I don’t see any clear reason to invest a big money into this project. It is not a scam but it is not worth to invest in too.

[SirLouen]

This is a joke

It took me the same to sync both Litecoin and Electroneum whole blockchain simultaneously, at the exact same time that it took me to Sync from 180.000 to 200.000 Electroneum blockchain (less than 15 days chain)

ETN as a digital coin, overall just sucks. It's a project made by some avid entrepreneurs that have huge marketing knowledge, that they would be able to sell to Bill Gates the latest Chromebook.

But technically is one of the shittiest currency badly forked from Cryptonight.

The short answer: IS NOT A SCAM but it is a joke.

I had hopes that after MWC they could get a better rate, but this has not happened, therefore this coin is stuck forever under 1000 satoshis for sure.

[globalcitizen]

Electroneum is undoubtedly not a scam. It got a great prospect. I only expect Richards and his team to do more in keeping to their promise to the community to sustain the loyalty that the coin is enjoying from the project supporters.I expect the coin to do well in the long run.

[contraband]

https://bitcointalk.org/index.php?topic=2353282.msg32488606#msg32488606

<main thread>

My take on the state of affairs of ETN and the Mobile Miner

[shazib083]

Electroneum is definitely not a scam. It was the first Successful ICO of its time and raised hard cap before expected deadline. As they launced the so called mobile miner, its obvious to hit the mass adoption. However, i doubt about the speculative price of ETN currently going through the market. Moreover, I am a big fan of ETN as founder intended to make this coin available by mobile mining for everyone for daily usage.

[Hikocan]

ETN is a very successful and honest project. like other coins, is in decline trend and is very affordable to get right now. we also do mining from our mobile phones and it is getting quite good. if you want to do mobile mining, join with this reference code and get a chance to win 5000 ETN by drawing. CODE 654925

[Adil Amim]

Ethereum is not a scam because as you can see that a lot of people are in ethereum and they are all holding and buying ethereum because they believed that ethereum is a something that can follow the foot steps of bitcoin and be one of the most popular coin in the market and to the whole world.

[qazgroup]

Well they have been able to get listed on a bigger and authentic exchange called kucoin recently, i know people are stressed about the current prices but the current prices are not depicting the true value as the overall market is bearish and severe panic selling is going on.

[callkiller]

Well they have been able to get listed on a bigger and authentic exchange called kucoin recently, i know people are stressed about the current prices but the current prices are not depicting the true value as the overall market is bearish and severe panic selling is going on.

spot on

[oddstake]

Ethereum is not a scam because as you can see that a lot of people are in ethereum and they are all holding and buying ethereum because they believed that ethereum is a something that can follow the foot steps of bitcoin and be one of the most popular coin in the market and to the whole world.

It`s not about ethereum is about electroneum

[oddstake]

I've searched a little bit about Electroneum and I found that the company was established by Christophor Simon Gorman - https://beta.companieshouse.gov.uk/company/10845797/filing-history

Also when searching for his name I found two interesting articles about him: https://www.reviewed-casinos.com/news/purple-lounge-scandal-will-go-away/ and http://www.dailymail.co.uk/news/article-2056084/Mary-Gorman-Gadget-Shop-millionaire-husband-Chris-arrested-Florida-Roxy-Club.html

How can we trust a person or a company with these kind of news ? My personal opinion is that ETN is a scam but also I hope I'm not right because people will lose money with this crypto coin.

[BTcoint]

I've searched a little bit about Electroneum and I found that the company was established by Christophor Simon Gorman - https://beta.companieshouse.gov.uk/company/10845797/filing-history

Also when searching for his name I found two interesting articles about him: https://www.reviewed-casinos.com/news/purple-lounge-scandal-will-go-away/ and http://www.dailymail.co.uk/news/article-2056084/Mary-Gorman-Gadget-Shop-millionaire-husband-Chris-arrested-Florida-Roxy-Club.html

How can we trust a person or a company with these kind of news ? My personal opinion is that ETN is a scam but also I hope I'm not right because people will lose money with this crypto coin.

Thank you for clear information and warring .really i fed up from mobile mining using three android mobile useless work with 60 ETN per week which is 0.03 $ . so better to stay safe from suspicious programs enough what happen with bitcoinconnect .

[Severniti]

I've searched a little bit about Electroneum and I found that the company was established by Christophor Simon Gorman - https://beta.companieshouse.gov.uk/company/10845797/filing-history

Also when searching for his name I found two interesting articles about him: https://www.reviewed-casinos.com/news/purple-lounge-scandal-will-go-away/ and http://www.dailymail.co.uk/news/article-2056084/Mary-Gorman-Gadget-Shop-millionaire-husband-Chris-arrested-Florida-Roxy-Club.html

How can we trust a person or a company with these kind of news ? My personal opinion is that ETN is a scam but also I hope I'm not right because people will lose money with this crypto coin.

I saw earlier their background so that is not a surprise for me. I hoped even then that we will see a better coin, but marketing is better than a product right now. Mobile mining SIMULATION was something that I wanted to try, but that was a bump, still, it is. I hope it gets better.