One thing that is important to note, the chance of a huge dump and price crash after ETN hits exchanges is REALLY high.
Although there seemed to be 3 to 5 whales investing a buttload into this, most of the investors are relative newbies putting in 1 to 3 ETH.
It's harder to have a steady hand when you are new to something and the fuddsters have great influence over their mentality.
Well, I'm a newbie myself, and can admit that I have often seriously considered just dumping it all once it hits exchanges so I can make a little profit.
But, I am dedicated to holding on to them...maybe, I should stop commenting in ETN threads and just forget about it for like 6 months, that will guarantee I don't dump them.
Interesting person you are I must say. Its been awhile since I have Agreed and Disagreed with someone at the same time so strongly.
I really dont think your quoted silly comments above are made to troll or to cause damage to ETN on purpose, Im just chalking it up to innocent inexperience.
The above "3 to 5 whales" comment? Who told you that? There is zero indication of that. Be careful who you believe around here. That will be my first piece of advice.
There is NOTHING that would indicate that the chances of a "price crash being REALLY high" other than 90%++ of ICO projects fail completly. Keep in mind we are no regular ICO.
We have the biggest Telegram group on earth, and just had an ICO with the most investors in HISTORY.
A scam exchange called etherdelta, allowed over 4 million fake Electroneum to be sold yesterday, within 5 hours the price was 21 cents! Surprized? Great news for price speculators, but I feel horrible for those that got scammed.
What I AGREE with you on is what you did here. It was well put together. Great job and thanks for doing this for the ETN community!!
https://bitcointalksearch.org/topic/m.23155045PLEASE, EVERYONE VISIT HIS THREAD AND MAKE A COMMENT!!
Tons of posts about Electroneum lately. Lot's of Love, Hype, Skepticism, and Hate.
Thought it would be good to start a thread to try and consolidate it all.
Yes, I am biased cause I invested a bit in it, but I tried to include threads that were critical as well as positive. Feel free to raise any concerns or skepticism to help people be informed.
And yes, I am throwing out my referral code: FC5E94
If you want to invest in the ICO use my code to get an extra 1% (an I receive an extra 5%)
Here are some previous threads:
Announcement thread:
https://bitcointalksearch.org/topic/annico-electroneum-token-sale-sept-14th-mobile-mining-crypto-coin-2065043Everyone's favorite scam thread:
https://bitcointalksearch.org/topic/is-electroneum-a-scam-2167305Investment thread:
https://bitcointalk.org/index.php?topic=2274258.0;topicseenShorter thread that raises issues and tries to address them:
https://bitcointalk.org/index.php?topic=2271192.0;topicseenGeneral ICO warning and advice thread that has insight into Electroneum (critique of electroneum on pg. 3):
https://bitcointalksearch.org/topic/3-kinds-of-icos-protect-yourself-2243157Electroneum website:
www.electroneum.comQuick Overview of what it's all about:
British Company headed by Richard Ells
Basic gist of it all: Mass adoption of crypto, this will be achieved by targeting smart phone users, get smart phone users on board through an easy to use app where you can "mine" ETN, get people to use the app by viral marketing it as "use the app to earn enough to pay your phone bill
Development: Blockchain developed, app developed, currently localizing and marketing app in different regions around the world, currently developing gaming platforms to use ETN, currently exploring gambling use scenarios for ETN, Everything goes live on Nov. 1st
ICO:
1ETN = .01 cents
Currently at 10% bonus until tomorrow (Wed. Oct. 18th)
After that no bonus until end of ICO on Oct. 31st.
Can join ICO through their website and can purchase in ETH and BTC
Paperwallet available but app will have wallet function also.
Tokens distributed on Nov. 1st
Hardcap of 6billion tokens available. Those not sold in ICO will go to mining pool.
No update on exchanges yet (that I know of)
Share your thoughts and have fun!