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RayX12
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December 14, 2017, 01:53:26 PM |
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romec1701
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December 14, 2017, 01:58:56 PM |
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Thanks. 27m give or take sat waiting. And an unknown proportion of which is going to the exchange. Less than I had thought  Good news for the coin then! |
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MadSciencist
Newbie
 Offline
Activity: 39
Merit: 0
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December 14, 2017, 01:59:06 PM |
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Think about it. What moon, when you can mine 110 per day with only 2 RX480 GPUs. |
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simonetti
Member
Offline
Activity: 124
Merit: 10
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December 14, 2017, 02:01:49 PM |
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And also the volume on the exchange has slowed down a lot and the price is fixed at 400 sats, weird stuff.
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oportunis
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December 14, 2017, 02:03:55 PM |
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Think about it. What moon, when you can mine 110 per day with only 2 RX480 GPUs. Who told you that More like 6 of RX580 for mining that amount... Also I notice a lot of orphan blocks happening lately... |
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MadSciencist
Newbie
Offline
Activity: 39
Merit: 0
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December 14, 2017, 02:06:20 PM |
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Think about it. What moon, when you can mine 110 per day with only 2 RX480 GPUs. Who told you that More like 6 of RX580 for mining that amount... Also I notice a lot of orphan blocks happening lately... Well, I have 4 RX480 and 200-240+ ETN per day (also - 480 and 580 = the same GPU). |
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oportunis
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December 14, 2017, 02:09:18 PM |
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Think about it. What moon, when you can mine 110 per day with only 2 RX480 GPUs. Who told you that More like 6 of RX580 for mining that amount... Also I notice a lot of orphan blocks happening lately... Well, I have 4 RX480 and 200-240+ ETN per day (also - 480 and 580 is the same GPU). Overclocked? Which pool are you using? I have been mining ETN for 1 month and got about 6k of them. But lately it's dropping... |
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RayX12
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December 14, 2017, 02:09:22 PM |
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Think about it. What moon, when you can mine 110 per day with only 2 RX480 GPUs. What a moron you are.. get the facts straight! Coins generated per block = 7500 Block time = 1.5 minutes Total blocks per day = 24 x 60 / 1.5 = 960 Total coins per day = 960 * 7500 = 7,200,000 Current price = 0.000004 BTC needed to absorb 100% mining = 7200000 x0.000004 = 28.8 BTC 24 hr volume at Cryptopia = 1600 BTC Time to absorb mining = 28.8/1600 * 24 hr = 0.43 hr * 60 = 25 minutes. Mined coins have no influence on price! |
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the_hodler
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December 14, 2017, 02:10:51 PM |
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referral spam everywhere here  It is called viral marketing lol I just got off the phone to the main man himself, Richard Elis. I expressed my deepest concerns and frustrations with not being able to access my coins and he gave me a secret code to claim FREE COINS. Use code: XXXXXX - it will work for anybody! Thats a very nice try to attempt to fool some naive users. I have replaced your code in the quote above. At least the other spammers tried to be honest about the referral code. |
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zak2002
Member
Offline
Activity: 89
Merit: 10
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December 14, 2017, 02:11:14 PM |
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So either these guys are extremely clever, or have created something very sneaky by accident.
Yesterday nearly 6.3 BILLION ICO coins were "released" into the wild.
Now firstly a great proportion of users have struggled to actually access these coins due to 502/504 errors with their website and issues with the SMS activation codes.
Secondly there is something very interesting that happens when you transfer. ETN automatically tries to stealth the transfer by splitting the amounts. If you are sending hundreds of ETN, there are a handful of splits, thousands have more splits, and hundreds of thousands of ETN transfers will have more splits still. These splits increase the transaction size in kb, however the fee pricing in their webwallet doesn't have dynamic pricing like that.
Yesterday I send three transactions of released ICO coins to the only excahnge that is currently hosting the currency. The first was small - 000s of ETN and went through within 30mins. The second was medium 00'000s and took all night to go through (8 hrs). The third is large 0'000'000s ad is still pending on the blockchain. The fee (actual for completed and estimate for pending) is all approximately the same, despite the larger transaction being SIGNIFICANTLY bigger (c.4x) than the smallest one.
So you see, either by design or accident they have managed to make a situation where whales CANNOT quickly move ICO coins to the exchange to dump and take profits from the ICO price as the miners re not picking up the transactions that equate to huge sums of ETN due to the fees being set too low.
The last 24h trades plus sell orders posted equate to less than 2% of the coins released yesterday, I am willing to bet a lot that there is much more waiting to actually get on the exchange...
We shall see...
This is an interesting observation. If true, this renewed my lost trust in this team. |
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bigcash2011
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December 14, 2017, 02:13:54 PM |
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So in short words you are trying to state that massive dumping is coming in next days as soon as people are able to transfer their etn tokens from their accounts they will sell, right? So either these guys are extremely clever, or have created something very sneaky by accident.
Yesterday nearly 6.3 BILLION ICO coins were "released" into the wild.
Now firstly a great proportion of users have struggled to actually access these coins due to 502/504 errors with their website and issues with the SMS activation codes.
Secondly there is something very interesting that happens when you transfer. ETN automatically tries to stealth the transfer by splitting the amounts. If you are sending hundreds of ETN, there are a handful of splits, thousands have more splits, and hundreds of thousands of ETN transfers will have more splits still. These splits increase the transaction size in kb, however the fee pricing in their webwallet doesn't have dynamic pricing like that.
Yesterday I send three transactions of released ICO coins to the only excahnge that is currently hosting the currency. The first was small - 000s of ETN and went through within 30mins. The second was medium 00'000s and took all night to go through (8 hrs). The third is large 0'000'000s ad is still pending on the blockchain. The fee (actual for completed and estimate for pending) is all approximately the same, despite the larger transaction being SIGNIFICANTLY bigger (c.4x) than the smallest one.
So you see, either by design or accident they have managed to make a situation where whales CANNOT quickly move ICO coins to the exchange to dump and take profits from the ICO price as the miners re not picking up the transactions that equate to huge sums of ETN due to the fees being set too low.
The last 24h trades plus sell orders posted equate to less than 2% of the coins released yesterday, I am willing to bet a lot that there is much more waiting to actually get on the exchange...
We shall see...
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MadSciencist
Newbie
Offline
Activity: 39
Merit: 0
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December 14, 2017, 02:18:23 PM |
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Think about it. What moon, when you can mine 110 per day with only 2 RX480 GPUs. Who told you that More like 6 of RX580 for mining that amount... Also I notice a lot of orphan blocks happening lately... Well, I have 4 RX480 and 200-240+ ETN per day (also - 480 and 580 is the same GPU). Overclocked? Which pool are you using? I have been mining ETN for 1 month and got about 6k of them. But lately it's dropping... Claymore + modded bios + OC = ~890-910h/s per GPU. Nanopool. |
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xzentorxz
Member
Offline
Activity: 82
Merit: 10
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December 14, 2017, 02:22:08 PM |
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So either these guys are extremely clever, or have created something very sneaky by accident.
Yesterday nearly 6.3 BILLION ICO coins were "released" into the wild.
Now firstly a great proportion of users have struggled to actually access these coins due to 502/504 errors with their website and issues with the SMS activation codes.
Secondly there is something very interesting that happens when you transfer. ETN automatically tries to stealth the transfer by splitting the amounts. If you are sending hundreds of ETN, there are a handful of splits, thousands have more splits, and hundreds of thousands of ETN transfers will have more splits still. These splits increase the transaction size in kb, however the fee pricing in their webwallet doesn't have dynamic pricing like that.
Yesterday I send three transactions of released ICO coins to the only excahnge that is currently hosting the currency. The first was small - 000s of ETN and went through within 30mins. The second was medium 00'000s and took all night to go through (8 hrs). The third is large 0'000'000s ad is still pending on the blockchain. The fee (actual for completed and estimate for pending) is all approximately the same, despite the larger transaction being SIGNIFICANTLY bigger (c.4x) than the smallest one.
So you see, either by design or accident they have managed to make a situation where whales CANNOT quickly move ICO coins to the exchange to dump and take profits from the ICO price as the miners re not picking up the transactions that equate to huge sums of ETN due to the fees being set too low.
The last 24h trades plus sell orders posted equate to less than 2% of the coins released yesterday, I am willing to bet a lot that there is much more waiting to actually get on the exchange...
We shall see...
This is an interesting observation. If true, this renewed my lost trust in this team. The splitted transaction is a feature of monero, but you dont have to do it within your transaction! Also you can higher the tx fee for faster processing. They somehow managed to use a decentralized concept and put a centralized plattform over it. Their website and app are a single point of failure, where everybody is stuck with their coins. The longer people have to wait, the less trust the people have in the devs. By only a portion of users who are able to soll their coins, you also create an unfair situation. This might prevent a huge dump and drag it over a few days, but it hurts the coin in the long run. |
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notbatman
Legendary
Offline
Activity: 2212
Merit: 1038
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December 14, 2017, 02:22:37 PM |
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So either these guys are extremely clever, or have created something very sneaky by accident.
Yesterday nearly 6.3 BILLION ICO coins were "released" into the wild.
Now firstly a great proportion of users have struggled to actually access these coins due to 502/504 errors with their website and issues with the SMS activation codes.
Secondly there is something very interesting that happens when you transfer. ETN automatically tries to stealth the transfer by splitting the amounts. If you are sending hundreds of ETN, there are a handful of splits, thousands have more splits, and hundreds of thousands of ETN transfers will have more splits still. These splits increase the transaction size in kb, however the fee pricing in their webwallet doesn't have dynamic pricing like that.
Yesterday I send three transactions of released ICO coins to the only excahnge that is currently hosting the currency. The first was small - 000s of ETN and went through within 30mins. The second was medium 00'000s and took all night to go through (8 hrs). The third is large 0'000'000s ad is still pending on the blockchain. The fee (actual for completed and estimate for pending) is all approximately the same, despite the larger transaction being SIGNIFICANTLY bigger (c.4x) than the smallest one.
So you see, either by design or accident they have managed to make a situation where whales CANNOT quickly move ICO coins to the exchange to dump and take profits from the ICO price as the miners re not picking up the transactions that equate to huge sums of ETN due to the fees being set too low.
The last 24h trades plus sell orders posted equate to less than 2% of the coins released yesterday, I am willing to bet a lot that there is much more waiting to actually get on the exchange...
We shall see...
This is an interesting observation. If true, this renewed my lost trust in this team. The ETN devs are useless all the heavy lifting is done by the Monero devs and the miners (GUI wallet for eg.), it's the marketing team that's making this coin what it is and my faith in them grows stronger every day.  |
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robelneo
Legendary
Offline
Activity: 3234
Merit: 1202
Bons.io Telegram Casino
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December 14, 2017, 02:50:52 PM |
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Volume (24h) $30,058,400 USD 1,810 BTC, 24 hours volume exceeds my expectation but it will go down once this short-term profit maker dump all the coins they want, after the price will go to the moon, it is now time for developers to work on the roadmap, this is important if they want people to believe them.
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bgdmxd
Full Member
Offline
Activity: 186
Merit: 100
Veritas Mining - Sustainable Crypto Mining
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December 14, 2017, 02:53:51 PM |
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And also the volume on the exchange has slowed down a lot and the price is fixed at 400 sats, weird stuff.
If I'm in charge I would consider using some of the BTCs collected during the ICO to establish a floor on the price, even if just temporarily. A tanking price is not good when you are trying to negotiate important deals with big mobile carriers and other potential partners. I'm not saying that's what the company is doing, I'm just saying that's what I would consider... |
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stfN2128
Member
Offline
Activity: 882
Merit: 14
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December 14, 2017, 02:54:23 PM |
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why you guys think everybody want sell? I hold a big bag of etn, i have not invested in this ico to make a quick Profit, for me it was a longtime buy. And i don`t think, that i`m the only one who believe in this project...
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Alonzo Ewing
Legendary
Offline
Activity: 1040
Merit: 1001
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December 14, 2017, 03:00:40 PM |
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Does anyone have a solution for this?
"We could not send you an SMS at this time. This may happen if the server is busy or your mobile number is incorrect. Please try again shortly."
Have been trying on both laptop/mobile for some hours but nothing happened.
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TopCat9363
Newbie
Offline
Activity: 84
Merit: 0
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December 14, 2017, 03:11:43 PM |
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Does anyone have a solution for this?
"We could not send you an SMS at this time. This may happen if the server is busy or your mobile number is incorrect. Please try again shortly."
Have been trying on both laptop/mobile for some hours but nothing happened.
scam |
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cdrx
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December 14, 2017, 03:11:55 PM |
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Did you tried again, shortly ?
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