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B-MoneyXcan
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November 13, 2017, 07:17:31 PM
Last edit: November 14, 2017, 02:30:59 AM by B-MoneyXcan |
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Anyone know what drove the price up today?
Traders after accumulation over the last few days. Same with smart miners. That red candle for todays high at 655 sat says we going down again LOL |
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khufuking
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November 13, 2017, 07:31:02 PM |
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Anyone know what drove the price up today?
Traders after accumulation over the last few days. Same with smart miners. That red candle for todays high at 655 sat says we going down again Price up or down boom or doom all this is useless and not counting until the main supply got in the hands of people they own them , Until then speaking about price is pretty much useless . How can anyone speak about the price of something that most of its supply is locked ! It is just nonsense . |
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chocopapaya
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November 13, 2017, 08:41:44 PM |
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Yes, it's important to realize that the market for ETN now is not going to be anything close to what it will be like when the ICO coins are released.
What you have is a really limited supply of coins being traded by a limited amount of people.
Like what was mentioned before, it might be due to more miners joining in, as the price rises you can expect even more and more people mining this.
...or, are you ready for a conspiracy theory?
Maybe it is the devs manipulating the market. They are using the premined coins to make buy and sell order amongst themselves to artificially drive up the price. The entire hack thing was made up to allow the devs a month of free trading and market manipulation. As the time to release the ICO coins gets near, the price will go up even further than BAM! They sell all their coins for a ridiculous profit and run away to their own private islands.
Which one is true I wonder? Well, it doesn't matter because in the end those who hold their etn will win.
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SunStruck
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November 13, 2017, 09:01:48 PM |
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What was the ICO price per ETN approximately?
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jcarl987
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November 13, 2017, 09:09:38 PM |
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What was the ICO price per ETN approximately?
$0.01 without bonus. |
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contraband (OP)
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November 13, 2017, 09:14:58 PM |
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This is a great thing guys. You can say, "I bought this cup before the mobile miners were even live" That will mean you are very cool  |
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contraband (OP)
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November 13, 2017, 09:17:21 PM |
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Yes, it's important to realize that the market for ETN now is not going to be anything close to what it will be like when the ICO coins are released.
What you have is a really limited supply of coins being traded by a limited amount of people.
Like what was mentioned before, it might be due to more miners joining in, as the price rises you can expect even more and more people mining this.
...or, are you ready for a conspiracy theory?
Maybe it is the devs manipulating the market. They are using the premined coins to make buy and sell order amongst themselves to artificially drive up the price. The entire hack thing was made up to allow the devs a month of free trading and market manipulation. As the time to release the ICO coins gets near, the price will go up even further than BAM! They sell all their coins for a ridiculous profit and run away to their own private islands.
Which one is true I wonder? Well, it doesn't matter because in the end those who hold their etn will win.
Premined coins address is being watched by coinmarketcap.com. If any of those coins move, ALL of them will be added to circulating supply. Wont happen |
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SunStruck
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November 13, 2017, 09:21:32 PM |
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What was the ICO price per ETN approximately?
$0.01 without bonus. Cheers. |
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contraband (OP)
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November 13, 2017, 11:16:39 PM |
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This is a great thing guys. You can say, "I bought this cup before the mobile miners were even live" That will mean you are very cool ahahahhahahaahhaah Great line the last one .... However i find those mugs beautiful  Of course. We need to auction off a signed one from Richard for the charity. |
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B-MoneyXcan
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November 14, 2017, 12:23:48 AM |
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Yes, it's important to realize that the market for ETN now is not going to be anything close to what it will be like when the ICO coins are released.
What you have is a really limited supply of coins being traded by a limited amount of people.
Like what was mentioned before, it might be due to more miners joining in, as the price rises you can expect even more and more people mining this.
...or, are you ready for a conspiracy theory?
Maybe it is the devs manipulating the market. They are using the premined coins to make buy and sell order amongst themselves to artificially drive up the price. The entire hack thing was made up to allow the devs a month of free trading and market manipulation. As the time to release the ICO coins gets near, the price will go up even further than BAM! They sell all their coins for a ridiculous profit and run away to their own private islands.
Which one is true I wonder? Well, it doesn't matter because in the end those who hold their etn will win.
The devs have good reason to at the least support the price with BTC accumulated from the ICO. They know and have already stated how important the current miners are to the network. They would not be using the ICO coins, no need too. I am a miner and ICO investor myself and i would suggest to other ICO buyers to simply swing trade now while awaiting their ICO coins to earn some profits. Also, don't be so anxious to dump once coins are released as the liquidity can exist. Would have been nice for devs to implement some sort of locking mechanism for coins to be used for mobile mining. This way is costs you actual $$ to mobile mine as it does to mine on the network. |
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zorkafdo
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November 14, 2017, 12:42:10 AM |
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One question to the dev. Probably already answered.
How do you have 5 Billion in circulation when the miners have mined only 200 MM so far. Where did the rest come from?
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B-MoneyXcan
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November 14, 2017, 01:16:21 AM |
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One question to the dev. Probably already answered.
How do you have 5 Billion in circulation when the miners have mined only 200 MM so far. Where did the rest come from?
5 Billion ICO and bonus coins sitting on Electroneum platform |
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Mattthev
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November 14, 2017, 11:36:53 AM |
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This is a great thing guys. You can say, "I bought this cup before the mobile miners were even live" That will mean you are very cool ahahahhahahaahhaah Great line the last one .... However i find those mugs beautiful They need more money  |
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contraband (OP)
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November 14, 2017, 12:41:46 PM |
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This is a great thing guys. You can say, "I bought this cup before the mobile miners were even live" That will mean you are very cool ahahahhahahaahhaah Great line the last one .... However i find those mugs beautiful They need more money Im sure your joking but just want to point out that devs will get zero from this. As a matter of fact, anyone can make a product using the ETN logo, unless it is very distasteful and you are asked to stop. You dont have to be a charity, although that is where I would buy. |
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contraband (OP)
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November 14, 2017, 12:54:11 PM |
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One question to the dev. Probably already answered.
How do you have 5 Billion in circulation when the miners have mined only 200 MM so far. Where did the rest come from?
The very large majority is ICO coins and a much smaller referral bonuses and the 1% bonus for using a referral code. |
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syauqialbaana
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November 14, 2017, 04:35:01 PM |
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The project looks like the game's ultimate game is to rip people off, not much has been said about the mining award and many of these coins go into the market
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Doctor.Strange
Sr. Member
 Offline
Activity: 728
Merit: 250
Go Big or Go Home
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November 14, 2017, 04:55:13 PM |
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When the site is coming back?
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3x2
Legendary
Offline
Activity: 1526
Merit: 1004
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November 14, 2017, 05:05:40 PM |
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When the site is coming back?
It is working for me, I am using USA IP. Try cleaning your cookies and then restart the browser. There was initially some lag opening the site but after refreshing everything is working fine now. |
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pedjo99
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November 14, 2017, 05:22:58 PM |
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The project looks like the game's ultimate game is to rip people off, not much has been said about the mining award and many of these coins go into the market
In terms of improving security levels, you simply cant say that this project is ripping people of. Every person should trade with only money they can afford to lose. I have participated in this ICO only with amount that wont need me for next 1-2 years. For that risk, I might be awarded x5-x10-x50, but with this solid statements from Richard and his team, I took that risk and chance. |
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