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Author Topic: ELECTRONEUM SPECULATION THREAD  (Read 44652 times)
coyote50
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November 09, 2017, 10:04:05 PM
 #521

They raised $40m but they couldn't hire some best blockchain and security expert.  From the pictures they showed us on facebook, it looks like the developers do not have any clue what they are doing...

This is the worst product launch ever...   I have no idea in what basis coin market ranked them 31!!

im hearing ya. This flop release has also been reflected on the market with the (expected) mass dumping of both coin and price. I have to admit, I really liked the idea as an ex-miner pushed aside by huge hashing farms /living in a power expensive country. However I think this "idea" hasn't met the expectations of the hype and I'm glad I only sprinkled penny's into this.

the price is still 4x ICO price, you call that dumping?

don't be silly, you know thats not my point. Have you seen the trading graph?

yes i have. there was an artificial pump in the beginning and the dump dropped it to what is still 4x official ICO price. now, when the wallets are released we will see a dump and then recovery after buyers step back in. hype will be built up even more by then. you guys don't really seem familiar with actual market psychology and chart patterns

either that or......

you're trying to convince yourself you made a sound investment while deep down you know it wasn't.

I'm leaning towards option 2.

ICO and sound investment....LOL that's a good one. any ICO is an extremely risky speculative investment at best. i believe in the long term goals of this project, and my cost basis is extremely low, probably lower than 99% of the other participants. hiring hackerone is an extremely positive step for the LONG TERM. or would it be better to let something just steal a bunch of money like the DAO?

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November 09, 2017, 10:37:11 PM
 #522

so just to come back to the benefits of electroneum compared to others?

Its a simple forked coin. So what is special? the developers? seems not...the marketing? Definitely!

They made big and huge advertisement mit mobile mining...which caught me also in the start. BUT...they just don't keep in their timeline. Until they release their mobile miner the difficulty is so high that is might be already useless....

Nobody tells me a "mainstream" user uses his phone overnight for 1 Cent Cheesy

Just a huge mess...

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November 10, 2017, 05:10:34 PM
 #523



They made big and huge advertisement mit mobile mining...which caught me also in the start. BUT...they just don't keep in their timeline. Until they release their mobile miner the difficulty is so high that is might be already useless....


man, how many times should we say that??? The mobile miner has absolutely nothing to do with mining compared to GPU or CPU mining. It`s just a game and it looks like you are mining, but you get coins just for opening the app and nothing more.

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November 11, 2017, 05:22:57 AM
 #524

Elecroneum is really a ponzi scheme they merely collected all that moeny due to recommendation plan, i would recommend anybody to steer clear of any ICO utilized this program.

Here’s some advice in life — learn what a word is before you use it.  It’s impossible for electroneum to be a Ponzi scheme. 
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November 11, 2017, 08:10:26 AM
 #525



They made big and huge advertisement mit mobile mining...which caught me also in the start. BUT...they just don't keep in their timeline. Until they release their mobile miner the difficulty is so high that is might be already useless....


man, how many times should we say that??? The mobile miner has absolutely nothing to do with mining compared to GPU or CPU mining. It`s just a game and it looks like you are mining, but you get coins just for opening the app and nothing more.

I'd the same thing with you, i just stay away from this shit coin. I've heard someone said about the market only filled with the miner's coin. But the ico participant still not get their token right now. That's ridiculous.

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ZCoinTalk
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November 11, 2017, 09:03:02 AM
 #526

I sympathize that the members of the project completely failed to realize how populair their project was going to be. By offering a mobile mining app (although you might call it an airdrop app), they are bringing cryptocoins closer to the average Joe.

Hackers noticed the nice amounts of BTC and ETH flowing through their simple registration system and tried to bombard it to see if they could gain access. The team shut most of it down.

The days after that were not good. Useless updates on Facebook telling that the system is allllllmost ready. And although they posted a video, I thought the once a day updates were a bit sparse. I’m not that interested in a coffee donation, the all-nighters etc. But as an investor I want to hear: what’s wrong? And what is the timeline for the fix?

Luckily professionals have now taken over to give them a boost in the right direction.

I think this project can still be a great success. They have the enthusiasm, the marketing, but hopefully they’ll use their funds to make it a solid platform.

A bit of mess: yes.
A scam or scheme: no.
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November 11, 2017, 09:53:01 AM
 #527

I also participated in the ICO. Was my first and (until today) only ICO. Let's hope that we soon can start fake mining on the mobile phones and of course access our coins and sell them. Until now it's a real disappointment but maybe we just need to be more patient.
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November 11, 2017, 09:58:51 PM
 #528

Is it possible to mine it with an iPhone?I noticed it’s just for Android at the start and truthfully I do not believe that’s fair in respect of people who make use of an iohone
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November 12, 2017, 07:28:14 AM
 #529

At the moment it is not possible yet to mine with an iPhone. The iPhone app hasn’t been released yet.
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November 12, 2017, 07:46:07 AM
 #530

where can i buy this coin, i see not @ bittrex
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November 12, 2017, 07:49:44 AM
 #531

where can i buy this coin, i see not @ bittrex

Crpytopia
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November 12, 2017, 09:03:38 AM
 #532

I think it stays like this for a while. Now because of the major drop of the btc and upcomming bcc(BCH) it won't fluctuate that much. But i could be wrong, it's still speculating.

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November 12, 2017, 09:34:53 AM
 #533

Again Login not possible as well as resetting the password. Last time I made a new account, but I definitely won't make a 3rd one.

I don't think it's scam or ponzi, it's just the worst team of devs the crypto world has ever seen.
Rate is down and I can't imagine anybody to invest in this weak project. Try to cut your losses and get out!
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November 12, 2017, 10:54:07 AM
 #534

I'm hoping it hits $1 eventually.. still frustrated that we don't have wallet access! BTW, you can check the price of ETN live on http://ElectroneumPrice.org it's been holding strong the last few days..
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November 12, 2017, 03:53:38 PM
 #535

We should give them a chance guys. Electroneum could still become huge. Maybe things will be ready around Christmas time and we can all sell with a nice profit margin and hodl some for the long term.
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November 12, 2017, 04:49:26 PM
 #536



so is the electroneum mining app working already? they said it will be available today as what I've read in the tread.
i haven't invested yet but i do know in my circle of friends who did and i already told them the first time i saw this project that they should be buying it on exchanges and not on ICO. i see they still could profit though, ICO price was 0.01$ right?

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November 12, 2017, 04:51:46 PM
 #537

Lets see if it keeps going down I'll get some on Cryptopia under 1 cent.

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November 12, 2017, 04:58:10 PM
 #538

Everyone should watch the video Sunny Hussain did on his visit to the Electroneum headquarters, this will change your mind if you think it's a scam. It's on the Electroneum facebook page, look it up!

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November 12, 2017, 05:18:46 PM
 #539

Everyone should watch the video Sunny Hussain did on his visit to the Electroneum headquarters, this will change your mind if you think it's a scam. It's on the Electroneum facebook page, look it up!

We are not thinking it is scam. We are thinking they are some group of marketing guys without any knowledge of how cryptocurrency works and how to secure them etc...

There is a proverb called " Morning shows the day".  They have showed us at their launch what the day will look like... Huh Huh
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November 12, 2017, 05:21:06 PM
 #540

Again Login not possible as well as resetting the password. Last time I made a new account, but I definitely won't make a 3rd one.

I don't think it's scam or ponzi, it's just the worst team of devs the crypto world has ever seen.
Rate is down and I can't imagine anybody to invest in this weak project. Try to cut your losses and get out!

Would expect more from a company that's so high on the list -- 250M market value after ICO, 130M right now... Clear upgrade from their previous project (http://retortal.com)

Maybe I am biased, because I am developer my self, but I can tell you; if our business is down due to a bug in code or similar, I will be most likely very close to losing my job. It is my JOB to make sure that when we roll out new code, such as updates / patches / new features etc. that this code is working, secure and well tested...

"Rob is now a general developer in the Electroneum team, with a focus on cryptography and security."
Why is he still on team? He clearly isn't qualified... Just go and do research on rest of the "devs"...

Also, also the huge issues that they report about running into, surely didn't emerge in one day, they had plenty of time to fix things and to hire external auditors / specialists...

Legit or not, I know only what I see and what I've seen so far was that they aren't reliable, trustworthy or capable of delivering what they are promising.

Think for your self, they had ZERO issues collecting money, awesome ICO right? But when they had to show / deliver, we got facebook updates, eg. "we working all night, we are very very close, tmrw hopefully we will xy", I understand they are under huge pressure, but it's their own fault...


This is MY personal opinion and observation. I'm sure you can think for your self. I'm out as soon as possible though.
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