Is Electroneum a SCAM???

[invicta]

I'm not storing the amount of coins I have in their wallet only for it to be locked by KYC or because Ells is having a bad day.

I've transferred all ETN coins from the ETN mobile miner / wallet to another address since "not my keys, not my coins". I've deleted the mobile miner from my phone.

that's like me, I think mining via smartphone will get any benefit because I think the new coin has a few blocks, but it turns out that mobile mining only waste time and can damage the smartphone components we have

It doesn’t damage anything, how are people still not getting this after nearly a year... it’s an airdrop, it’s not doing any PoW consensus/validation. CharlieCox got rid of the app to use a paper wallet (I assume) as it’s safer and is a good idea, though without the app you can’t use the Instant Payments so it has no unique or interesting features at that point.

[DemonHunter83]

I think Electroneum is not a scam because they launched a mobile mining smartphone according to what they mentioned on the roadmap. Oftenly they are giving update their progress about their development and their partnership with the other companies. Recently they launched the payment system.

Can't be a Scam is a company that make any progress in its development. Usually scammers are fed with promises and nothing more.

[CharlieCox]

can damage the smartphone components we have

Nah, it won't damage your phone. The app is not doing any work. It's a simple airdrop, with no rules set. Today you can "mine" 5 ETN, tomorrow it could be 2 ETN, depending on Richard's mood.

CharlieCox got rid of the app to use a paper wallet (I assume) as it’s safer and is a good idea, though without the app you can’t use the Instant Payments so it has no unique or interesting features at that point.

+1

[Nivelir]

No, I definitely do not think so, because I see that these tokens are sold on stock exchanges, which means that these guys did their part of the job, but I did not dive into the details, maybe they managed to deceive somebody

[pstraene]

how big is the download of the ETN CLI Wallet and how long does it take to synchronize ? has anyone tested this wallet ? thank you

[invicta]

how big is the download of the ETN CLI Wallet and how long does it take to synchronize ? has anyone tested this wallet ? thank you

Depends on many factors like the speed of your connection, the device you’re syncing on and its spec. I’ve had a laptop connected since November so I haven’t done a full sync for ages. The wallet works fine but you need to understand CLI. As it’s a copy of Monero’s wallet, I’ve used it fairly extensively.

[Tistergis]

Now many similar rumors go. Possibly it is the bad project and people in vain will not speak. I think it the truth and the project does not deserve our attention

[paveel90]

Now the cost of ETN has really decreased significantly. According to my information, prices fell by about 50%. Of course, this is not the most pleasant situation. But in any case I am sure that in the future the project has an excellent potential for long-term development. In any case, this is not fraud.

[pstraene]

Now many similar rumors go. Possibly it is the bad project and people in vain will not speak. I think it the truth and the project does not deserve our attention

i think the belugapay app is much better and easier   but I think it only works in Mexico.  

[xenia4774]

Just to let everyone know---

The mobile miner DOES NOT actually mine. It uses as many resources on your phone that it would take to load a wikipedia page. Saying that it damages your phone is a lie. I will always delete post that are completely lying to the community.

[identifyuser]

Until the SEC defeats their company and shows that all the fiction and in fact for them or that is not worth it, you can not say it.

[briton]

in fact, he once heard also about scam this project. but it would be nice indeed we have to do the analysis before finally spreading the news is not good. because it turns out the ICO is well underway.

[invicta]

Until the SEC defeats their company and shows that all the fiction and in fact for them or that is not worth it, you can not say it.

Why would the SEC be involved? This is a UK limited company. Also people are entitled to question motives, you can’t play the ‘innocent until proven guilty’ card.

[danfred]

I believe that ETN has a really interesting idea, an important value for society and an excellent potential for further development. Of course, its prices have recently declined significantly. But we need to understand that this situation is now typical for the entire crypto market.

[nemesio]

Yes, I agree - now ETN is really going through difficult times. But I think that you just need to be patient, the situation will be restored in time. In any case - ETN is not a fraud. Just such problems are now typical for the entire crypto market.ммм

[Anicasalar]

Personally, I do not consider ETN to be some kind of fraud. The project is really important for society, an excellent idea. Yes, they had a lot of problems lately. Many people complain that ETN prices do not increase. But this is not fraud, just temporary difficulties. I know that they have a good development strategy, a real office, developers continue to work intensively.

[Kaller]

It is not. if it was a scam I am pretty sure that by now the coin would have died out but the investors know that the coin is a good one, in time you will see even more growth with coins like this. The idea behind it is great and the creators are dedicated to making sure that they do what they have promised which is the complete opposite of being a scam.

[dicaprio]

Have you seen how Electroneum started pumping? I think that still if the project were a scam project, people would have surely heard about it and would not invest money in it, so I think it's better not to think so.

[biznes35]

What is your decision based on? Have you worked in this company or have any connections with the management of this company? Why did you decide to talk about this project?

[CharlieCox]

Ok, when I ask a question -- my post gets deleted in the official forum thread. WTF? I've just asked about the state of the project, since I wasn't able to find any news on Telegram.. and I got moderated, really? 



Seriously, is this suspicious?