Continued conversation over at the:
"Is Electroneum a scam" thread
https://bitcointalk.org/index.php?topic=2167305.1400Feel free to stop by and help these uninformed users see that the FUD going around that they see as fact, just isnt true. Youll quickly see that many of these people just dont know any better.
Its so clear as well, as they repeat and repeat the same lines that they have heard somewhere. Its sad but also kind of funny. They are straight up programed. "It is only marketing" "they cant fix their tech issues".
OVER AND OVER AGAIN FOR 71 PAGES LOL!!
but they lack on development
Applying for a patent is "lacking development"?
Transactions failing and stucking up
This is because even Rich himself, along with everyone else, couldnt DREAM of this kind of growth so quickly.
Yes, they forked Monero, a top ten coin with VERY COMPETENT DEVELOPERS, which everyone thought would be able to handle the projected growth, but the # of users is OFF THE CHARTS!!! The Monero cryptonight algo couldnt handle the MASSIVE AMOUNT of users - TRANSACTIONS.
THE AMOUNT OF TRANSACTIONS ETN HAS HAD ALREADY SURPASSED THE AMOUNT OF MONERO HAS HAD IN ITS ENTIRE HISTORY!!!
It has been months since they launched it all and still no serious improvements.
Other than what Ive already went over upthread, Ive been saying to community since the very beginning, that this is a serious project, currently building a product that can compete on a global scale, not only with crypto projects, but with international corporations that have already achieved mass adoption and success IN THE REAL WORLD.
JUST AS NONE OF OUR COMPETITORS HAVE ACHIEVED SUCCESS "IN MONTHS", YOU CAN NOT APPLY WHAT I CALL "OLD CRYPTO TIME" IN WHICH A DAY IS A WEEK/MONTH IN CRYPTO, BUT IN REAL TIME THAT PROJECTS ON THIS LEVEL OPERATE.
Just like they invented their own blockchain? Which is "just" a fork. Instant transactions is nothing new a few other coins already have it. It's all just a trick to get the hype going again, people are not falling for it and it reflects on the price.
All is see how many users they got and bla bla bla, all marketing stuff.
Users are just "bla bla marketing"
?
ETN is well on its way to successfully becoming the crypto with the most users/largest network
A project with this success that is sitting at a price of around 3 cents, is the investment you yourself should be looking for
Marketing is not a bad thing, but their marketing campaign hasnt even started yet. Yet still we see unheard of growth for a crypto.
Rich Ells:
Electroneum – Tech Update, Instant Payment Patent & More –
Faster growth than Twitter & Facebook –
We are already up there with some of the greats. Think about it, we’ve already shown that we can grow faster than Twitter, Facebook and Dropbox (we hit 1m users after 5 months of being live – Twitter took 2 years, Facebook 10 months and Dropbox 7 months).Now think what we can do with a global patent that enables us to transact any cryptocurrency instantly into any shop or ecommerce system, coupled with a method to introduce new users to cryptocurrency in their millions.
I hope you are as excited about the future as I am.
Don’t worry about the future of Electroneum, we are building strong foundations to ensure we deliver what we’ve always promised. Cryptocurrency mass adoption. It’s coming…
Richard Ells - Electroneum Founder
Sure, I myself being ETNs Community Manager here on Bitcointalk have bias, but I dont see how anyone can discount these above facts stated by Rich.
He has also recently called attention to these additional facts and stats:
-The ICO closed early as the hardcap of $40,000,000 was reached from 120,000 individual investors
-Now over 1 Million user accounts have been created
-1/2 Million App downloads
-Currently there are 11 Signed Agreements of Partnerships giving ETN access to over 130 MILLION USERS from these companies. Keep in mind, no users have come from these companies yet. They are about to start coming in the coming month.
Exciting times!!!!