kepas
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May 08, 2018, 11:32:30 PM |
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1.42 Gh/s of asics... its about 6500 of bitmains X3 are mining etn now  and they dump etn permanently, so even good news cant help... even if they dump everyday. 9 million etn daily is only $243k. thats low compared to daily volume. ASICs or GPU doesnt matter. both type of miner are always dumper 9 million etn daily ONLY  daily trade volume is 20 million etn ONLY! it means, that all daily sellers are asic miners... you don't know how to count? are you retard? daily volume averaging 1.3 million $ = equal to 50 million ETN at current price And what are the guarantee that GPU miners wont sell? if you mining with 1 or 2 GPU (even more) or with CPU - this is hobby and you will not sell all, because its too low volume for selling. but if you mining with asic then its a business - dont you understand? BUT!!! because of asics you and me - we cant mine etn with GPU or CPU, and this is the real problem and when no GPU/CPU mining - then no community, centralisation etc etc |
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ChaozX
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Activity: 101
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May 09, 2018, 12:27:52 AM |
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1.42 Gh/s of asics... its about 6500 of bitmains X3 are mining etn now and they dump etn permanently, so even good news cant help... even if they dump everyday. 9 million etn daily is only $243k. thats low compared to daily volume. ASICs or GPU doesnt matter. both type of miner are always dumper 9 million etn daily ONLY daily trade volume is 20 million etn ONLY! it means, that all daily sellers are asic miners... you don't know how to count? are you retard? daily volume averaging 1.3 million $ = equal to 50 million ETN at current price And what are the guarantee that GPU miners wont sell? if you mining with 1 or 2 GPU (even more) or with CPU - this is hobby and you will not sell all, because its too low volume for selling. but if you mining with asic then its a business - dont you understand? BUT!!! because of asics you and me - we cant mine etn with GPU or CPU, and this is the real problem and when no GPU/CPU mining - then no community, centralisation etc etc Like i said, the amount of new coins created will still be 9 million ETN daily. no matter how much ASICs or GPUs you throw at the network GPU mining farms also big business. you can remove the hobby miner, and you wont even notice anything different The only thing that drive the price down is weakhands that got scared of FUDs |
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kepas
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May 09, 2018, 09:26:49 AM |
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Like i said, the amount of new coins created will still be 9 million ETN daily. no matter how much ASICs or GPUs you throw at the network
GPU mining farms also big business. you can remove the hobby miner, and you wont even notice anything different
The only thing that drive the price down is weakhands that got scared of FUDs
either you don't understand or you pretend you don't. GPU mining farms and one of the GPU/CPU - it's a fair competition, but when there are many asics high hashpower - then there is no competition. you cant mining etn with GPU/CPU. the meaning of blockchain and cryptocurrency is decentralization - this is when there is no monopoly on the means of production for a limited number of persons (with a lot of asics in our case). and in this case, I and many others will not buy and hold such a cryptocurrency... |
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RivAngE
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Merit: 169
What doesn't kill you, makes you stronger
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May 09, 2018, 11:34:03 AM |
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Like i said, the amount of new coins created will still be 9 million ETN daily. no matter how much ASICs or GPUs you throw at the network
GPU mining farms also big business. you can remove the hobby miner, and you wont even notice anything different
The only thing that drive the price down is weakhands that got scared of FUDs
either you don't understand or you pretend you don't. GPU mining farms and one of the GPU/CPU - it's a fair competition, but when there are many asics high hashpower - then there is no competition. you cant mining etn with GPU/CPU. the meaning of blockchain and cryptocurrency is decentralization - this is when there is no monopoly on the means of production for a limited number of persons (with a lot of asics in our case). and in this case, I and many others will not buy and hold such a cryptocurrency... Personally I still buy and hold it!  Why? because I'm looking at the bigger picture, combining macroeconomics and microeconomics analysis and also thinking about the value 1 year or more in the future. My ETN Macroeconomics Analysis: The mainstream users are in need of something simple to understand and use. By my experience as a Google stocks holder, I know that the world is moving toward mobile platforms. Google, Facebook, Amazon, Apple, Intel... they all know that and focus their products toward mobile users. Electroneum's team is doing the same. My ETN Microeconomics Analysis: A solid plan that will create demand for the coin. A technology that looks to diversify itself and create patents. This is also a project which broke some records with its' ICO, people got to hear the name and even all this FUD is nothing more than an advertisement in the long run. Twitter was getting a lot of FUD a few months ago too and where is it's stock pride today? Double of what it was (you don't get 1000% return in stocks, a 100% return is a lot). Every day I was reading new FUD and I was just buying cheaper and cheaper. I see the same with ETN. Is the developer's plan to accept ASICs? No. So why would I bet my money on what might happen/keep happening for a few months forward when it's safer to bet on the future? PS: You're welcome for the free investing lesson!  |
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glandulaHewq
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Activity: 112
Merit: 10
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May 09, 2018, 02:06:29 PM |
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Electroneum focuses on developing an encrypted offline wallet. It is very safe. It needs high technology content.
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KimberlyGB
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Activity: 294
Merit: 10
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May 09, 2018, 04:42:50 PM |
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What really happens with the fork? He will or not, where you can read about the fork. Somebody will give a link?
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forensick
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May 09, 2018, 09:35:58 PM |
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Are there some news about Ledger Nano S for ETN?I saw an article on Reddit about 1 month ago by KnifeOPi with his Ladger and it worked with ETN.
is there something new?
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CryptoDocker
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May 10, 2018, 12:14:16 AM |
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Are there some news about Ledger Nano S for ETN?I saw an article on Reddit about 1 month ago by KnifeOPi with his Ladger and it worked with ETN.
is there something new?
No and it wouldn't matter anyway as the Algo is getting updated therefore even if Cryptonight integration worked (Which it should work with soon for Monero) then its totally dependant on the new algorithm. |
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KimberlyGB
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May 10, 2018, 04:17:33 PM |
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Thank you, I read the blog, the idea is not new, but I hope this will really help the project and the cost of the coin. |
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BroganBloodstone
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May 10, 2018, 04:40:15 PM |
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Oh nice. Will check this out now  Cannot wait for the fork so we can move forward. |
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dogtana
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May 10, 2018, 05:00:07 PM |
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Only 3 weeks till the fork |
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BroganBloodstone
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May 10, 2018, 05:04:57 PM |
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Only 3 weeks till the fork Feels like 3 months... But I am happy to wait if it means they get it right and there is no more failures. |
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freigeist
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May 10, 2018, 05:24:37 PM |
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Is there anyone from support here in this thread? It seems this account SMS messaging for Mobile Number (2FA) is not working! I' m stuck at Step 2 of 4. I have put the correct number but the SMS never arrived and now it always says: 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.
Also trying to access support here https://support.electroneum.comgives me this error Sorry, your username and password are incorrect - please try again. |
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freigeist
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May 10, 2018, 06:32:30 PM |
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Things got resolved by themselves or somebody read my post here! I have retried so send SMS once again an it passed this time. |
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AlloM
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May 10, 2018, 06:47:47 PM |
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Thanks for sharing this link with us I would like to hear this interview that is nice coverage for this project. We have wonderful dev team that is why there is good chance for us to find new ATH very soon as some interesting events are planned in near future. |
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wenwen
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May 11, 2018, 12:21:29 PM |
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I also read it. I hope in the very near future, developers fully implement their plans, a coin of this is worth. -------- Are there some news about Ledger Nano S for ETN?I saw an article on Reddit about 1 month ago by KnifeOPi with his Ladger and it worked with ETN.
is there something new?
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RivAngE
Full Member
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Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
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May 11, 2018, 01:26:00 PM |
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I know from personal experience that having a coin supported by Ledger Nano S is a huge advertisement.
With so few coins supported by the device (relatively few when there are hundred coins), it gives you the impression that whatever is listed there, is a noteworthy and trusted coin.
I bought the Nano S to hold my XRPs and through this I learnt about the ARK. Now ARK is on my top 3 holdings along with ETN and XRP. If I can have all 3 of them in Nano S, that'd be great!
I don't think that the dev team would care about hardware wallets though since ETN is a mobile-focused coin, meant to be spent on micro-transactions. Having them on a hardware that's almost a cold wallet (unless you go everywhere with your Nano S!) is going a bit against their philosophy, that's what I think.
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stan86
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May 11, 2018, 01:55:14 PM |
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https://twitter.com/electroneum/status/994914727359926272Tech Announcement: Hi All, We experienced a higher than expected load on our miner system ( 7x our normal load ). We have since, mitigated the load issues and service levels have returned to normal. At present we are investigating the cause.
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