What will happen to electroneum price once they fix their wallet?

[Suslived]

Given that it's already almost 3 weeks since electroneum launched WITHOUT a working wallet (esentially already cheating ICO investors out of the chance to sell high early), what do you guys think will happen once they fix everything.

Will ICO investors dump everything causing the value to go down more significantly? Or will people suddenly believe in ETN and pump the price up?

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[housebtc]

Just wait to pick up the tokens at 20sat, alot of people are angry with the team with the way they go about the distribution, I won't be surprise to see that the team is the one selling their mined tokens on the market

[Intensity]

I wouldn't be surprised if a dump occurs once people have access to their funds. They bragged about security preico and boom, they went down. Kind of ironic if you ask me.

[CryptoKranthi]

I am not at all worried about wallets delay because it has already blockchain up and running but they are taking few extra measures for security as it will be good for everyone.The price will pump because many people believe ELECTRONEUM. I disagree with the about comment.I am in their social media groups, no one is angry with the team, but they are happy to be a part of it.Everyone has hopes on ELECTRONEUM.Initial pumps and dumps are not important because ELECTRONEUM is for long term.

[riffaz]

whole crypto world was so hype about Electroneum just because it is from UK..

but all of these shortcomings and delays I do not expect a good return from this..

The profit from Electroneum will be very small compared to the lending tokens.. or coins marked as spams..

[hieu81]

All currencies are good after updating, but still important is the response (reception) of the member. I always hope this money will be good!

[deepcryptomine]

I think in near term dump will occur. In addition all the bounty participants haven't been paid yet because they are fixing/tightening the security.

[hachiman13]

Price will probably dump because of those bounty hunters. The surge of bitcoin's price too doesn't help as most investors in etn would probably sell their funds to get on the bitcoin ride. This would probably continue for a month but it woudn't be a problem for long term holders as many still believes in the project

[Suslived]

Wow thanks for the responses guys. Never thought people respond that fast here in the forum.
But yes, i agree with most of the votes cast so far. People were hyped but greatly disappointed. A dump may occur. Lets see what other people think.

[sniveel]

maybe the prize is dump because of bounty hunters or otherwise the will pump according to the developers as if he had a good reputation to take the coin pum or else the coin will dump easily cause of hunters. Maybe we should about the just wait to pick up the tokens. goodluck to us thank you

[Mr_McKska]

Again and again I read the same:

Price will probably dump because of those bounty hunters.

maybe the prize is dump because of bounty hunters

Guys, don't you understand that bounty hunters can't ever affect the price level? What can they do with their volume 1-2% of total supply maximum? Nothing. For example, Electroneum bounty pool is only 20 mln tokens ($200k for ICO price) and $40 mln were raised fm investors during ICO. And often these guys get their rewards much later than listing on exchanges took place.
When you see that somebody sell the tokens cheaper than ICO price with good volume be sure that this is private early investors do because their prices fm private pre-sale allow them to do so.
Most of ICOs have the following scheme now: On early stage some big whales invest in project and get a huge bonus (private sale). Then there is a pre-sale, where small whales and groups of small investors get smaller bonus. And in the end of campaign ICO is carried out, where everyone can buy tokens at the highest price. After listing on exchanges big and small whales start to sell the tokens even lower than ICO price (if there is no explosive price growth right after listing of course), because they have a good profit even in this case. And at this time all the ICO participants are indignant why bounty hunters sell their rewards at such a low price.

As for Electroneum, so I'm sure it will be huge dump once they fix the wallet and as a result the price will fall lower than ICO price.

[sltshp]

it will dump for sure. Lots of scared ETN supporters in their telegram trying to come up with stupid plans, such as everyone setting buy orders once it hits exchanges, so as to set up a level of support for the price.

I expect at least a 30% decrease from ICO price.

[sparg]

For sure it will dump as soon it is listed but this is good for those who believe in the project because we can buy at a cheap price more ETN. I think that in the long therm it will sure pay off. I hope i can buy another 100 k and hold them for a least a year.
Everyone is hyped right now on the ponzi schemes that keep apprearing , esspecialy bitconnect. I think this will not last for more that a year and after that people will se that a scheme like that cant be sustainable.

[Jorosss]

Given that it's already almost 3 weeks since electroneum launched WITHOUT a working wallet (esentially already cheating ICO investors out of the chance to sell high early), what do you guys think will happen once they fix everything.

Will ICO investors dump everything causing the value to go down more significantly? Or will people suddenly believe in ETN and pump the price up?

Once they release the wallet for sure the value of ETN will dump! So many investors are being disappointed with what happen. Time of waiting will kill this coin. Sad but true

[YoungMaster]

Given that it's already almost 3 weeks since electroneum launched WITHOUT a working wallet (esentially already cheating ICO investors out of the chance to sell high early), what do you guys think will happen once they fix everything.

Will ICO investors dump everything causing the value to go down more significantly? Or will people suddenly believe in ETN and pump the price up?

There is a possibility of a dump caused by the bounty participants and also the miners who have not obtained their coins through mining, but it won't cause the price too much.
At the same time, investors/traders will come because the wallet has been released and they finally can save their ETN.
I'm sure that there will be a pump after the dump once everything is fixed.

[Herlina]

I think it will be dumped for a while and recovery will occur when electroneum is listed on the exchange that has been planned by the team

[Joshua85]

The price will fall to 0,01$ for 1

[boyjackyou]

They cant fix it,if they can they have fixed it earlier because the price drops to .01 per coin unlucky people who bought the pre-ico.

[MV7]

The price will fall to 0,01$ for 1

Might even fall below ico price initially, but it should go up gradually as people regain faith. of course, this is all dependent on whether their wallet and mobile mining works well.

[johnyespapa]

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.