Topic: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin - page 257. (Read 315206 times)

It's almost too easy! This is why I've always believed/invested in the crypto market, you are literally just asking people to swap energy for money that can accrue value over time, how the hell can you say no to that???

The amount of coins you're able to mine on your phone will never be larger than what you can mine on your computer. That is given, no matter what; but the fact is, that it enables people to get hooked on the idea of gaining cryptocurrency from running an app, storing their coins and being educated on how to mine on your computer. Then they will see a much larger return when they mine the blockchain, and you got yourself a new member of the cryptocurrency community, educated and willing to learn/invest

Right, the only detail I'm skeptical of is the amount of coins you will actually be able to mine.  No one will give a shit about mining on their phone if it's giving them a quarter a day.  However, if the value of each coin is rising everyday even a lower mining rate will be lucrative enough to interest millions of users and have a massive following. 

I am just as pumped maybe a bit more. I see this as one of the top projects! There are over 10,000 registered investors and the pace picking up exponentially! People are starting to realize the Dev is Richard Ells and what his plan is.

Just threw a bitcoin into the pot, this project has a lot of the necessary components to take a shot at the mainstream market and out of all the ICO's it is definitely one of the most interested in reaching the masses.  If they can back up this project with good tech then it will surely be a top 50 project in 2018!

This is quite a positive indicator of the ICO going to run like you guys hoped for I guess. Keep it going, people!

Electroneum:
The really busy - super fun - group of AWESOME Electroneum chat is here : https://t.me/joinchat/DxoSakHOdk5mqsE-LelfVg


676 Members so there is always pleanty of members there talking Electroneum 24/7. Get your questions answered in real time or stop by and say hi!!

The crowdsale is picking up!!

Already @ 170 BTC invested after it took 5 days to get to 100 BTC. Now there have been 70 BTC invested in the last 36 hours!

Same thing for ETH. We are at 3439 ETH invested, while it was at 2000 36 hours ago

Great product! Fear of FOMO. Only today you can get 50% bonus!! Tomorrow 40%. Get another 1% (next to the 50%) by using this referral (bonus) code: AFEE46

 

12 more hours left for the 50% bonus. Also passed the 10000 registrations. It's going good!

  Same here. Actually the project deterred me because of the flat advertising. Raining coins on their website, mining by playing a games on your phone, being the new Bitcoin, etc. But then I thought; well, if that is what the masses like, why not invest a little in it. After all the masses like Facebook and Twitter also. 

So let's see how this project (d)evolves. I invested so I hope they will succeed. 

Thanks for answering my question , So what we are looking at here is something new we might call it " proof of existence ( POE) "  , " proof of adoption (POA) " . Well I really like the idea and can not wait to see how it will evolve . Will definitely invest some money .

If the project goes as planned and succeeds, we'll see a new breed of trojans for mobile phones soon...

Anyway, good luck with the project, I've invested a few, mostly due to the hype and fomo... 

You just don't know what you're talking about.

These unsold coins arent simply the dev team's coins to sell at their discretion, they are reserved for a bonus mobile mining reward pool and will be issued as bonuses if mobile mining profitibility dips below $1/day.

The unsold coins will be visible on the block explorer so if they move everyone will notice.

1.you had a plan for ICO if reaching $40+ million and now you said you've never expected to sell 6 billion coins?
2.if ICO only reach $4-5 million,that means there will be more than 5 billions coins unsold and that would be equal to more than 80% of circulating coins holding by dev-team(+4-5 million cash),do you think it is healthy then for investors only buying the dust ?
3.i totally understood  someone here said that fixed price is the key problem because i do see the problem now,don't you?

With Bitcoin, the rate is 25 per block, at a target rate of 6 blocks per hour. Obviously, there will be some variance as it adjusts to massive spikes in hashing power, but we can assume it will approximate it over the long run, which gives us a rate of 150 per hour, or 360 per day, give or take.

I would like to know what the total global daily reward for all miners is planned to be, in terms of the coin itself. Obviously the value of those coins will depend on how much demand there is for them, and that is unknowable, and I understand that I must accept that risk. But, what could should be known now is what the total mining reward is planned to be. I also understand that the rate will be variable, because it will be augmented at low points by the unsold coins from the ICO. However, there is still a planned minimum amount that will be created, right? With Bitcoin, it's 360, and in a hypothetical world if they were subsidizing low value mining at troughs also, it would grow above 360. But 360 is known as a minimum, in that hypothetical example. What is the equivalent of 360 coins per day for the real-world example of Electroneum? How many coins will be mined per day, at a minimum?

It makes a big difference in the investment potential if we are talking about mining out 200 million per year or if we are talking about mining out 2 billion per year for the first year or two and then halving, or whatever. I would like to know what the inflation rate of the currency itself is going to be, irrespective of its value compared with other currencies (which cannot be known), and then I will be able to make my bets based on how well I believe demand for it will outpace currency growth. The lower the rate of inflation, the more I'll be comfortable investing and telling my friends to invest. Obviously, if it's a higher inflation rate, they will be able to attract more users, and that could potentially raise the value exponentially faster than inflation lowers it, but that is harder to predict, and does offset potential growth. I need all the information if I'm going to recommend this to anyone or bet big on it. I'll be buying a little before the drop to 140, but I can't advise anyone else to participate or even participate fully myself without all the pertinent information.

I think this team has an incredible business plan and revolutionary insight, and that there is great potential in this project -- much greater than in most I've heard of. Yet, this is a crucial piece of information that is being withheld, and it makes me uneasy. Can I please get a straight answer in ballpark figures what the expected range of annual coin creation is going to be?

Can I get an answer regarding estimates on mining production via the mobile app?  How many coins would someone expect to earn in 24 hours of mining?  I don't need anything super specific but just general ballpark numbers...

Electroneum:
The really busy - super fun - group of AWESOME Electroneum chat is here : https://t.me/joinchat/DxoSakHOdk5mqsE-LelfVg


629 active members.

Come on over. Get all your questions answered in real time. With such a high number members, conversation never ends 24/7

You should bring some news, to keep active the flow of new users