Its too late if they fix their wallet,the price drops already and the investors are unhappy.Good for the founders they get millions of scam coins.
The wallet problem was probably the best thing to happen to ETN as it allowed a huge volume of trading from the mining without flooding the market with 4+ billion coins at once. The delay allowed the coin to establish a price point and is allowing trading without the 4.4 billion pre-buys temporarily destroying the coins value. For a new coin it's moving huge volumes and has been Cryptopia's top traded coin or within the TOP 10 out of 1200 the entire 2 weeks it's been out.
https://www.cryptopia.co.nz/Exchange/?market=ETN_BTC.
The miners should be thanked as they are the only reason the coin is trading and has high volume and a building market cap. Many people don't know that coins don't work without the miners validating transactions and keeping the bookkeeping correct. The current market value is doing well at around +4 TIMES the pre-buy price. Would you be happy with a +400% return on your money? That's what it's at right now. I'm actively trading and mining BTC and I'm up almost 2 BTC on ETN alone and I started with just .015 BTC! I'm a new miner and I've also learned how to mine and mined almost 1 Million ETN already. ETN is also one of the most profitable coins to mine and at times beats all other coins on the market.
When the 4+ Billion pre-buys hit the market you'll see the coin tumble in value as many people just bought them to flip and cash out. Once that mess tapers down and the value crashes it's time to buy again. I'm actually buying and selling each day making money off the volatility.
Electroneum.com has a solid base now with close to a half million invested in it. Pre-buys, miners etc,.. I didn't do the pre-buy as I came in late. The Electroneum team is actually pulling off incredible things that will make this coin hit the masses. The mining app is going to pull in millions of users. Just watch. Free money without even draining your battery or touching your CPU. Teenagers would love an extra $5 - $30 a month. Many kids only get $1 allowance. There are about 2 Billion smart phones. Pokemon was hitting 40 million smartphones within the first week. The electroneum app has a very good chance of spreading like wildfire as it can be used anywhere in the world. How many kids, teens and foreigners (many only make $1 a day) will flock to this for extra income?
I'm not saying it will reach Pokemon user base levels but most of the new miners have never mined or ever traded a coin. The marketing approach is simply brilliant and has the potential of going viral very quickly. People will open their phone numerous times a day to check their mining stats. They will share how to do it by wold of mouth and it will probably stir up a good deal of controversy (publicity) Example: 10 year olds mining and buying products without the parents around. Kids running their own business and getting paid.
Also, Electroneum used the Monero codebase and it's the exact setup using the same pool and mining system. Even some commands still say monero. Monero is trading at $124.57 a coin. Monero is pretty much a necessity for many underground operations like drug cartels, deep/dark web as it's totally untraceable unlike bitcoin that the government and IRS monitor with chainanalysis as BTC trading can be completely mapped finding the paths and source of who is trading. Monero can't be traced. Monero is moving about $1.5 Billion a month in volume because of this.
The only other monero like coin is Aeon trading at $2.43 a coin. The underground desperately needs a secure way to scrub money more than once and that's where I'm predicting electroneum is going to come into play. Scrubbing once is good but twice is even better. The dev team won't mention this and might not even give it any thought but the probability is very high. Electroneum is already trading a high volume and will probably be used by millions because of the dev teams excellent marketing. With all the marketing avenues the dev team's targeting. I wouldn't be surprised if Electroneum ends up as one of the highest volume trading alt coins in existence.
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