Electroneum now valued at 11 cents??

[BitCaptcha]

Am I reading this correctly

https://coinmarketcap.com/currencies/electroneum/

[JinMI]

Yes, correct.  However the vast majority of coins are not yet in the market.  The ICO wallets are still locked. 

Also, mining has already gotten exponentially harder. 

[BitCaptcha]

Well once they sort out the mobile app, should straighten out..

[tha2er99]

yes it's correct but till now no one managed to sell the coins they bought from ICO

so expect a huge drop once people starts selling !

[JinMI]

Perhaps.

I'm wondering how that will work out given the increase in difficulty.  I know it's a mining 'experience' but they still give an estimated hashrate based on device.

For instance, according to what I'm seeing, I've been mining around 900h/s for 18 hours and have acquired 70 coins.  If the metrics available are to be trusted.  Compared to 24 hours ago where I was getting about 100 per hour.  

[sinduarianto]

Yes, right. But most of the coins are not yet fully on the market. ICO wallet still locked not yet distributed.

[wforwork]

All coins from ICO still locked , once release will be huge drop

[KingScorpio]

All coins from ICO still locked , once release will be huge drop

i will laugh myself into my fist when people will realise that electroneum was nothing but a huge well and professionally marketed scam, that ignores basic and though unavoidable realities of life.

regards

[Festus Maximus]

That is correct. It's top volume at Cryptopia in BTC and LTC market (beats the second place coin by 3X) and the tokens from the ICO haven't even been released yet! Once they release, I think that volume will shoot up 10X, maybe up to 100X from the number 2 coin. This is insane! Good outlook for hodlers. It's a shame they haven't sorted out the wallet issues, but based on this little preview, if we play it right, we'll get BIG returns on this coin. You have to have the stomach to wait though. Once they release the wallets, thousands of dumbfounded dipshits will go dump their coins right away and bring the price down. Once they're out of the way, we can bring it back up by HODLING!

[AiloveYouks21]

Am I reading this correctly

https://coinmarketcap.com/currencies/electroneum/

I guessed that this coin was rubbish, only fool people would buy this coin.

[tdrinker]

so a 1000% return on investment, nice! Hopefully the price holds out once the tokens from ICO are all distributed, I was expecting at least 3x and now that looks quite feasible indeed.

[BitCaptcha]

Glad I invested in this one. I knew it would do well but to see it this high right now is crazy..!

Yes  HODL!

[hieu81]

Am I reading this correctly

https://coinmarketcap.com/currencies/electroneum/

This is true! I think this is a best coin same XRN coin! Hope they have many member around! Thanks

[legenduim]

Personally, I'm in complete shock. As soon as it was possible to go on such an adventure!

Electroneum is something related to the pyramid. Of course, now the coins are blocked, but when they are launched it will be a huge bummer in the fall.

[DAVETUN]

The hype about electroneum was such a high one,this is unbelievable, this will cause serious heart attack and panic for investors,hope it bounce back

[danbitcoin1]

Quite a bit of volume at 11 cents though, obviously will crash when the wallets get released but doubt it will go below ICO price...aslong as the wallets are released in the next day or 2 anyway lol

[xenomorphe1]

First sellers==big profits
The price is dropping little by little. I don't know what will be the price when we will be able to transfer our coins for the ICO.

[electronicash]

once its released, i doubt the price will still go up but maybe once they proved mining can't be abused by using a powerful device than mobile phones. ICO price was just a cent, i guess there will be a lot of dumpers and i'd wait for that to happen before i rethink about getting into ETN.

[DevelopmentBank]

I bought in during the ICO and the value of what i bought then is now worth 10 times the original (based on cryptopia at the time of writing). Nice ICO so far right? However, the sad part is nobody has access to their ICO wallet and only miners and devs are selling their ETN.

I wonder how low the price will go before everyone suddenly get access to their wallets.

[VanDeinsberg12]

yes it's correct but till now no one managed to sell the coins they bought from ICO

so expect a huge drop once people starts selling !

As the recent hype of the bitcoin and i will be believing with your expectation about the future of the easy mine will be dropping a lot in its price. Because that will be difficult to avoid the bitcoin's impact.
The more people are interested to hold the bitcoin and try to bet on the bitcoin futures which already planned by CME group.
And another bad thing the hardfork of the bitcoin is near.
Take your own conclusion about that.