I have some considerations for this project. I am too far away to be an expert on crypto coins. I have just started trading it recently (Used to trade on Forex for years). All the markets are based on supply VS demand. After days reading and re-reading posts, infos and as much as I can of important infos about ETN, I have concluded that:
1 - If ETN was a SCAM, I am pretty sure they would have not stopped the ICO at 40m and would have raised more and more money and disappear after that.
2 - Instead of disappear, they are trying to get better systems for us (Monero news) and they keep in touch with everyone via email, social media, groups, etc.
3 - NONE can predict a price. That's impossible. It's up, as I said above, to the demand.
4 - It's a real fact that crypto world is still very young and a small number of people know how to walk into it. Ok, a few people knows about the existence of crypto, but most of them don't have a clue how to buy, how to use, for what does it serves, etc. ETN is looking to the masses, if they get sucess on this, the demand will be definitely HUGE.
5 - It doesn't really MATTER if it will dump at the first days, months or years, If they get success introducing the masses to it, it will grow up organically. So HODL!
6 - I have seen a LOT of people crying around groups for not buying enough coins, they are really sorry for it.
7 - About dumping it: If I bought at 0.01, WHY THE HELL I would sell for less than that? Dont make sense! If people sell their bonusses for 0.01.. I am sorry for them... it will grow later and they will cry again.
I believe in the ETN purpose, I see their vision for the future. I am in this project for at least 5 years (Unless It reaches a good price before that).
1 - If ETN was a SCAM, I am pretty sure they would have not stopped the ICO at 40m and would have raised more and more money and disappear after that.
2 - Instead of disappear, they are trying to get better systems for us (Monero news) and they keep in touch with everyone via email, social media, groups, etc.
3 - NONE can predict a price. That's impossible. It's up, as I said above, to the demand.
4 - It's a real fact that crypto world is still very young and a small number of people know how to walk into it. Ok, a few people knows about the existence of crypto, but most of them don't have a clue how to buy, how to use, for what does it serves, etc. ETN is looking to the masses, if they get sucess on this, the demand will be definitely HUGE.
5 - It doesn't really MATTER if it will dump at the first days, months or years, If they get success introducing the masses to it, it will grow up organically. So HODL!
6 - I have seen a LOT of people crying around groups for not buying enough coins, they are really sorry for it.
7 - About dumping it: If I bought at 0.01, WHY THE HELL I would sell for less than that? Dont make sense! If people sell their bonusses for 0.01.. I am sorry for them... it will grow later and they will cry again.
I believe in the ETN purpose, I see their vision for the future. I am in this project for at least 5 years (Unless It reaches a good price before that).
Great points. Its obvious that you DID actually trade forex, and are not lying like others. I can tell from your post.
You are correct, that to make the big profits, you need to HODL.
I just dont think it will take 60 months, more like 6-18 would be my guess. You were right again, it can only be a guess, as no one knows.
Plus... We really need to consider the marketing around this coins as well. I came from a world where marketing is everything. Marketing is sales, masses, results, proofs, power and sucess. (When the team do a good job on it)
Right again!! Great to have you on board!
This is what sets Electroneum apart from the rest of the pack...
...MARKETING
The Dev founded Retortal, a internet and social media marketing firm.
They have hundreds of thousands of companies using the social media product, and also do marketing for Avon, Herbalife, Mary Kay, etc. Household names!!
Now, because they are a TOP TIER marketing firm, they were able to generate 120,000 investors into the Electroneum Token Sale, which is 6 times the world record of 22,000. ETNs Telegram Chat room has over 20,000 active members, another world record.
This will only continue , as now they have at least 50,000 investors at a lowball figure, waiting to buy the minute this hits exchanges because we hit the 40 Million Hardcap 11 days early.
Also, keep in mind that the CPA for a Mobile App download is WAY less than $1, and they have $40 million, when 5 million App downloads would largely surpass the total number of users that Bitcoin has, which will give us mainstream free worldwide press as this occurs.
Will it pass Bitcoin in Value? Not anytime soon, if ever, but even if our MC is around 5% of Bitcoins MC, that puts ETN around $1 a coin, with a 100x gain which will generate even more press!
My point here is not to speculate about the price, but to point out the steps ETN will make during price discovery, and outlining the penetration we will have into the general public are not currently involved in crypto.
Its also important to remember that when we have millions of users in our network, all the mobile games and gambling sites will be coming to us.
These other companies network of users will join ours, only adding even more to the avalanche of Mass Adoption.
Buckle up guys, lift off is in 41.5 hours!!
