[POR]⚡ELECTRONEUM⚡Official Moderated Thread

[btcyoda]

The project is clearly losing ground in the market. Everything started very well, now the price is not encouraging. I now understand so many ETN holders who are waiting for a good price.

Day after day ETN lost your position in marketcap, i cant understand

I'm just confused to be honest. Following the downtrend in the last few weeks. Hodling is a good idea, cause the price is so cheap. No point in selling. Anyway, I don't see anything special about it that will not make dramatic changes.

Yes, you are right, instead of selling them in the market it is better to hold until the market starts recovering. Most of the people who are holding ETN are now selling because they are in panic mode whether the price of ETN will increase are not in the future?

[1714967750]

1714967750

[1714967750]

1714967750

[CharlieCox]

I could have bet that nobody cares (...)

It's not that nobody cares. I was pouring 13 KH/s into this pool for almost 10 days and we had a few more serious miners. However, without a marketing budget we couldn't reach more people + those pesky NiceHash miners have been tossing difficulty around the chart

[Lordas]

Yes, you are right, instead of selling them in the market it is better to hold until the market starts recovering. Most of the people who are holding ETN are now selling because they are in panic mode whether the price of ETN will increase are not in the future?

Can you guarantee that it will increase? I keeping some altcoins of such level for years, and yes they bounced up at 2017/2018 period when all was up and profits was huge, but later...
I saw they progress - start is with serious devs team, later enthusiasm decreasing (lower income?), decreasing until one or two persons left and they keep the coin alive... just alive. Coin is trapped in 50-100 satoshi range with some better times of 200-300 satoshis.
Concerning devs - it could be explained. They need get smth for they work, you can't work hard only on idea, also additional expenses - travel, premises, servers, etc. You must sell premined coins, when the coin price gets lower, you must sell more, price gets even lower, and so on. Until return is small and cover only necessary expenses.

To be honest - I have sold all my ETN long time ago. Ppl said that I am hater of ETN, laugh on me when I sold at 0.14$, laugh when I have sold at 0.11$, and last at 5USc... I am not against ETN, hope it recover fast, just share my opinion.
 

[Naida_BR]

Yes, you are right, instead of selling them in the market it is better to hold until the market starts recovering. Most of the people who are holding ETN are now selling because they are in panic mode whether the price of ETN will increase are not in the future?

Can you guarantee that it will increase? I keeping some altcoins of such level for years, and yes they bounced up at 2017/2018 period when all was up and profits was huge, but later...
I saw they progress - start is with serious devs team, later enthusiasm decreasing (lower income?), decreasing until one or two persons left and they keep the coin alive... just alive. Coin is trapped in 50-100 satoshi rage with some better times of 200-300 satoshis.
Concerning devs - it could be explained. They need get smth for they work, you can't work hard only on idea, also additional expenses - travel, premises, servers, etc. You must sell premined coins, when the coin price gets lower, you must sell more, price gets even lower, and so on. Until return is small and cover only necessary expenses.

To be honest - I have sold all my ETN long time ago. Ppl said that I am hater of ETN, laugh on me when I sold at 0.14$, laugh when I have sold at 0.11$, and last at 5USc... I am not against ETN, hope it recover fast, just share my opinion.
 

If the market will turn around ETN price will increase as well. And i believe that this will happen sooner or later. Given that, the better decision that someone should do is to HODL his coins (this is not limited to ETN only). The market is going to sustain this seige and eventually return to its normal standards.

[poer]

ETN GOING TO DEAD 

[RivAngE]

With the summer upon us, I don't see any action coming any time soon. We'll probably be at bottom prices until September at least. Unless if the team is in mood to work and promote Electroneum even from the beaches! 

[jukKas]

I've "mining" Electroneum via my phone for a while, but sometimes it takes very long before I get my coins to my wallet, have anybody else experieced this?

its normal dude , I experienced it sometime i need 3 days or more for recived ETN from my mining
hope dev can resolve that issue.

Sometime, i think that was arround the fork?

Why transactions can goes faster and sometimes slower?
- Difficulty in combination with the hash rate at that moment of the blockchain is the mean reason
When the diff is high and the mining speed is getting lower, it will result in slower blocks find. When blocks get find slower, transactions took longer (need at least 20 confirms from the blocks).

But normally ETN transactions goes really fast

To spread hashes and get a more stable network people must start mining at http://joenpool.tk

Thanks for the answers. I have also experienced very slow transaction times when transacting between 2 android wallets. I just though that it's weakness for this coin at the moment, if comparing with fastest coins exists today. If they would be faster, that would be really good, since I like many things about Electroneoum. How fast transactions you're experiencing?

[new24core]

ETN GOING TO DEAD 

FUD, no facts but nice try!

[Kgonla]

I need help with electroneum-cli !!! It is not receiving payments, balance 0.
I can see in the blockchain payments are there.
I'm using Windows Server 2008 R2 & electroneum v2.0.0.0

kepas told me it could be due to I created the wallet before full sync:
"You can make backup of wallet file, export private keys from it and then recreate this wallet from private keys"

So I deleted the data blockchain & downloaded again
Used command export_key_images xwallet
Removed wallet files
Created a new wallet
From here used import_key_images xwallet
Error: Failed to decrypt xwallet: Failed to authenticate criphertext

I don't know what I'm doing wrong

[MinermanNC]

ETN GOING TO DEAD 

FUD, no facts but nice try!

NO FUD IST REAL...TODAY ETN GOING TO 140 SATOSHI

Lol, to the contrary,,, ETN looking kinda healthy tonight 

[kepas]

I need help with electroneum-cli !!! It is not receiving payments, balance 0.
I can see in the blockchain payments are there.
I'm using Windows Server 2008 R2 & electroneum v2.0.0.0

kepas told me it could be due to I created the wallet before full sync:
"You can make backup of wallet file, export private keys from it and then recreate this wallet from private keys"

So I deleted the data blockchain & downloaded again
Used command export_key_images xwallet
Removed wallet files
Created a new wallet
From here used import_key_images xwallet
Error: Failed to decrypt xwallet: Failed to authenticate criphertext

I don't know what I'm doing wrong

if you already have private keys(Spend Public, View Public, Spend Secret, View Secret) of your wallet, then you can recreate it:
1. create *.bat file
2. insert in this bat file next string: 
electroneum-wallet-cli.exe --generate-from-keys your_wallet.etn
your_wallet - replace to your wallet name
3. run your bat file
4. enter the keys according to the instructions

[RivAngE]

ETN GOING TO DEAD 

FUD, no facts but nice try!

NO FUD IST REAL...TODAY ETN GOING TO 140 SATOSHI

Since when does the price dictate the health of a coin? It could have started to be sold for 70 satoshi, then the 140 satoshi would mean the price have doubled. What I want to say is that the pricing is relative, undervaluations and overvaluations happen all the time, this has nothing to do with the health of a coin.

What I'm more worried about is the unsteady hashrate.

[CharlieCox]

Unsteady hash-rate demotivates miners. Real miners are leaving making it more easy to those NiceHash miners to manipulate the hash-rate. The team should react promptly to any threat to their crypto-ecosystem, especially since the leadership is centralised so they can act quickly and efficiently. But hey, they have a new green screen

[Kgonla]

I need help with electroneum-cli !!! It is not receiving payments, balance 0.
I can see in the blockchain payments are there.
I'm using Windows Server 2008 R2 & electroneum v2.0.0.0

kepas told me it could be due to I created the wallet before full sync:
"You can make backup of wallet file, export private keys from it and then recreate this wallet from private keys"

So I deleted the data blockchain & downloaded again
Used command export_key_images xwallet
Removed wallet files
Created a new wallet
From here used import_key_images xwallet
Error: Failed to decrypt xwallet: Failed to authenticate criphertext

I don't know what I'm doing wrong

if you already have private keys(Spend Public, View Public, Spend Secret, View Secret) of your wallet, then you can recreate it:
1. create *.bat file
2. insert in this bat file next string: 
electroneum-wallet-cli.exe --generate-from-keys your_wallet.etn
your_wallet - replace to your wallet name
3. run your bat file
4. enter the keys according to the instructions

I did it, the recreated wallet does not receive payments    I think I lost the previously mined
I created a new wallet, mined some & with the new one payments are received.

I have more than 30 wallets from other coins & always I created wallet before sync, this is the first time I have this problem
Please fix it in a new wallet release or advice with big letters DO NOT CREATE A WALLET BEFORE FULL SYNCHRONIZATION OF THE ENTIRE BLOCKCHAIN

Thanks a lot kepas 

[cryptocurrency_n00b]

No offense, just quoting facts:

Please fix it in a new wallet release or advice with big letters DO NOT CREATE A WALLET BEFORE FULL SYNCHRONIZATION OF THE ENTIRE BLOCKCHAIN

This is from electroneum.com website:
Windows direct miner instructions
    Download the ZIP file via the link above.
    Open the electroneumd.exe
    Wait for your node to sync with the blockchain.
    Once your node is synced you can start mining to an existing wallet address or create a wallet (We recommend using the offline wallet generator above to create your wallet address). To start with your own wallet address type: “start_mining <wallet_address> <number_of_threads>”. This will start mining into your specified wallet address.
   To create a new wallet inside the cmd prompt, start the electroneum-wallet-cli (double click the file) and follow the on screen prompts to create your wallet. Once that has loaded, type “start_mining <threads>” to start mining to your newly created wallet


This is from electroneumd.exe, once Blockchain is fully synced:
**********************************************************************
You are now synchronized with the network. You may now start electroneum-wallet-cli.
Use the "help" command to see the list of available commands.
**********************************************************************

Edit:
Never received an answer to this:
Anyone heard anything whether Electroneum will allow running their app on an android tablet?
I'm still an iphone user and were unable to even look at the app. But someone just offered me to buy a cheap Android tablet.

[kopambunareve]

I had two deposits on papier wallet and when I was "Import from Offline Wallet" to web site wallet only one of two deposits is showing... What can I do? Is this happened to anyone???

Is this means thet I lost second transaction???

[boxalex]

Unsteady hash-rate demotivates miners. Real miners are leaving making it more easy to those NiceHash miners to manipulate the hash-rate. The team should react promptly to any threat to their crypto-ecosystem, especially since the leadership is centralised so they can act quickly and efficiently. But hey, they have a new green screen

And what could the reaction be? I can't see any solution that gpu nicehash hashrate goes into the ETN ecosystem whenever they want?! Expect a pure cell phone mining ecosystem or POS.
I mean it's not like with Asics that you can fork away from nicehash gpu traffic and only favour another give gpu traffic. So i'am curious to see what a solution would be.

What makes me a bit wonder is that everybody seems to be suprised with the nicehash issue?! It was just clear that this will happen and not only nicehash, just every mining rental provider + every multi-algo-auto-switching miningpool having cryptonite V7 in their porfolio would "exploit" low difficulty time frames. That's just how this multi-algo-auto system works.

I tried out of curiousity to mine ETN the last days with my I7-8700K, and found out it makes 0 sense, lol, the cell phone simulation makes me double that many coins.

[cryptorusin]

The team are aware of a number of Mobile miners saying their ETN payout rate has dropped or that they are experiencing other issues. Developers are assessing the problem and will resolve these issues as soon as possible.

[MinermanNC]

This is what a pool shows as network hash rate... is this right?  

38.20 MH/sec


Was 106 just an hour or 2 ago... strange. Maybe its not asic proof lol  

And whats up with BTC strong 6200+ that was at 5800 ish and hour or 2 ago... very interesting"

[allycn]

This video was posted yesterday on Electroneum's Facebook page, not sure if anyone else shared it, but it talks about the recent ETN fork, what it is, how it works, when it happened, the reason the fork happened, what happened during the fork, where are they now, among other things.
Here is the FB post and video link.

"Did you know Electroneum’s recent update/fork was a huge success and leaves the path clear for our first 20m users?

We understand that our latest upgrade may have been a bit confusing. Due to this, we’re releasing the first in a series of explainer videos, with none-other than our ETN CEO, Richard Ells.
Our videos will feature new and relative content enabling you, the community, to get to grips with everything Electroneum. From our roadmap to interviews, or even our tech updates.
Watch ’Successful Electroneum Update/Fork’ below.

#Electroneum #ETN #TechVideo #CryptoUpdate #blockchain #News

https://www.youtube.com/watch?time_continue=6&v=ZXQE-AKI3c4"
(FB post link: https://www.facebook.com/electroneum/videos/2026584480936853/)