I'm not actually concerned about the problems they are having releasing the tokens form the ICO. It's a temporary problem, a couple of days of delay is nothing compared to the long term plan. However there are two concerns about the price of Electroneum for both the short and long term:
1-Short term: currently, the supply and demand put the price between 5 cents and 10 cents, while this is the total demand at the moment, meaning ANYONE who wants to by Electroneum can do so right now, but this is not the total supply, this is just a small percentage from mining that is on offer, Once the ICO tokens are released the supply will increase by at least 100 fold, while the demand is still the same, and the rules of supply and demand simply mean that the price will crash hard.
2-Long term: You might say, it's ok if it crashes now, it will recover long term. But think about this, the exact moment of token release will be followed by the mining app, while it's a great marketing strategy, it will greatly increase the supply even further, on daily basis, and the more people are using the app (which they would of course, it's free money), the more ETN will enter the market on daily basis. Those tokens are even more than the ones sold during the ICO. So a downward spiral is possible still!
Topic: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin - page 49. (Read 315178 times)
November 04, 2017, 02:51:39 AM
November 04, 2017, 02:24:12 AM
hang on guys everything will be fine
November 04, 2017, 01:28:23 AM
Excuse me
Why can not my electroneumd sync?
The daemon will start synchronizing with the network. This may take a long time to complete.
You can set the level of process detailization* through "set_log" command*,
where is between 0 (no details) and 4 (very verbose), or custom category based levels (eg, *:WARNING)
Use the "help" command to see the list of available commands.
net.dns src/common/dns_utils.cpp:487 WARNING: no two valid ElectroneumPulse DNS checkpoint records were received
Why can not my electroneumd sync?
The daemon will start synchronizing with the network. This may take a long time to complete.
You can set the level of process detailization* through "set_log
where
Use the "help" command to see the list of available commands.
net.dns src/common/dns_utils.cpp:487 WARNING: no two valid ElectroneumPulse DNS checkpoint records were received
November 04, 2017, 12:01:20 AM
People here are too greedy lol. The coin went back down to a firm support bottom line of 7 cents. That is 7x the coins price, not including %10 - %50 bonus which makes the value higher for most people.
People are mad that ETN isn't at 25 cents
People are mad that ETN isn't at 25 cents
down to about 6 cents but that's still a 24x gain for me with my cost basis
Pretty much anyone who got into this early can still be very happy. Was a great investment, still is and always will be.
lol i have no doubt that by the time they release wallets it will be worth less then a penny.
November 03, 2017, 11:44:37 PM
Is it true you guys are going on Bitfinex soon?
Not sure until its posted. The fact that Electroneum has its own blockchain means that the holy grail Poloniex will accept it.
When Poloniex accepts one, everyother exchange knows its great quality. Bittrex is a lock for sure.
i don't think any well known exchange would accept ETN now,they obviously violated investers right with increasing 100% more premined coin than what they were promised,this alone is a very big reg flag without question,not to mentiond they not even explain why they did this.
this is not an fud but just a fact,if you guys who invest on this ico not even care about your right and don't want to raise your voices,you won't earn the respect and losing money on it is what you guys may deserve.
Cheers!
for those who bought at $0.01 over 6 billion premined coins,i'm sorry to say that your coin's value has been dilute to $0.005 now because the premined coins is 12.6 billion !
Cheers!
Cheers!
they are double up their premined coins,but......ＤＯ ＹＯＵ ＧＵＹＳ ＴＨＡＴ ＩＮＶＥＳＴＩＮＧ ＧＥＴ ＤＯＵＢＬＥ ＡＳ ＷＥＬＬ？....that is a question lol
Cheers!
What does this mean ^^ Looks like 1.26 billion ETN on three stealth accounts ?? I hope I am reading that wrong
10.26 billion premined!!!!
this is far more than what they said is 6 billion!
cheers!
That was before when they expected around 10k users. Not over 300k. There is not enough coins for the mining app pool. Those coins will be necessary! So many noobs and FUD in here lol. Leaving until you all find something else to move on to. Wow.
Good luck with the project devs, I will be supporting and holding my coins for the future. Hope all the teething problems are sorted out soon.
This is correct.
Its 12.6 billion coins
4.4 Billion to investors
That leaves 8.2 Billion for mobile miners, which is perfectly fine.
Wow, you guys just dont stop, lol. This was the plan all along. How did you expect the mobile miners to get coins??
show me the new announcement from dev-team then idoit!!!
this alone is enought for a very big red flag!!
I am the Community Manager for Electroneum. There is no announcement necessary. This was what they said would happen all along.
If you are confused, I will help you, but my guess is you are just trying to spread confusion, as you have been doing for months on this thread.
You can raise your Red Flag, but other than a few other trolls, I dont think anyone will fall for your FUD
people who are investing on this ico were invest under the terms of 6 billion coins will be premined,dev team don't have the right to change the original terms bc it will invade the right of the investers!i forseen this coin will be flag as a very very big red flag and will be deny to be listed on many well known exchange,the most worse case scenario would be public law suit and these ico will treating as a scam project by the regulation agents!!
and you contraband as the ETN manager you will also a criminal due to the role as a colaborator with this scam...cheers!
btw..where is your lovely dev-team who is/are qualify to speak here and backed you up? NONE!!
Cheers!
DAMN ETN TEAM, see it for yourself then tell me what can you say. 
878ec74ff5f305ba30df3bae5f84bc59c8cb8cfbcc3df12f58dd7e646999892b
878ec74ff5f305ba30df3bae5f84bc59c8cb8cfbcc3df12f58dd7e646999892b
What does this mean ^^ Looks like 1.26 billion ETN on three stealth accounts ?? I hope I am reading that wrong
10.26 billion premined!!!!
this is far more than what they said is 6 billion!
cheers!
That was before when they expected around 10k users. Not over 300k. There is not enough coins for the mining app pool. Those coins will be necessary! So many noobs and FUD in here lol. Leaving until you all find something else to move on to. Wow.
Good luck with the project devs, I will be supporting and holding my coins for the future. Hope all the teething problems are sorted out soon.
This is correct.
Its 12.6 billion coins
4.4 Billion to investors
That leaves 8.2 Billion for mobile miners, which is perfectly fine.
Wow, you guys just dont stop, lol. This was the plan all along. How did you expect the mobile miners to get coins??
show me the new announcement from dev-team then idoit!!!
this alone is enought for a very big red flag!!
I am the Community Manager for Electroneum. There is no announcement necessary. This was what they said would happen all along.
If you are confused, I will help you, but my guess is you are just trying to spread confusion, as you have been doing for months on this thread.
You can raise your Red Flag, but other than a few other trolls, I dont think anyone will fall for your FUD
people who are investing on this ico were invest under the terms of 6 billion coins will be premined,dev team don't have the right to change the original terms bc it will invade the right of the investers!i forseen this coin will be flag as a very very big red flag and will be deny to be listed on many well known exchange,the most worse case scenario would be public law suit and these ico will treating as a scam project by the regulation agents!!
and you contraband as the ETN manager you will also a criminal due to the role as a colaborator with this scam...cheers!
btw..where is your lovely dev-team who is/are qualify to speak here and backed you up? NONE!!
@dev:
1. how many coins would your team going to premine despite of 6.3 billion ICO?
2. how many coins will left to miners(cellphone,cpu,gpu etc) to mine?
3. how long the mining could proceed(years)?
the questions above only valid to dev team to answer.
DO NOT QUOTE MY POST AND ANSWER FOR THESE QUESTIONS IF YOU ARE NOT DEV OF ELECTRONEUM.
Thanks!
1. how many coins would your team going to premine despite of 6.3 billion ICO?
2. how many coins will left to miners(cellphone,cpu,gpu etc) to mine?
3. how long the mining could proceed(years)?
the questions above only valid to dev team to answer.
DO NOT QUOTE MY POST AND ANSWER FOR THESE QUESTIONS IF YOU ARE NOT DEV OF ELECTRONEUM.
Thanks!
Hi!
1. Actually the ICO is only a max of 5.98 billion as the 6 billion pre-mine for the ICO AND bounty campaign (20 million ETN).
2. There will be 15 BILLION coins left for miners [EDIT - OOOPS! I entered million instead of billion - just to keep you on your toes!]
3. It's a similar emission algorithm to bitcoin, in that the emission slows over time, with ours slowing with each block. It will be 10 years+ before needing a fork or algo change.
I'm sorry I've not been very active here - as a few others have posted I'm on Telegram nearly all the times, so it's a better place to get an answer.
Please read the Technical Whitepaper for more details on emission and mobile emission. You'll find it here:
http://electroneum.com/technical-white-paper.pdf
have a great day!
Richard
Electroneum Founder
November 03, 2017, 11:35:44 PM
im mining monero for a very long time ill keep it. cant mine this cos there is no legit pool.
Join us at easyhash.io
We are stable and at 1000+ miners
November 03, 2017, 11:29:50 PM
Guys, what do you think about the ICO? do you think the minimum cap will be reached?
November 03, 2017, 09:56:48 PM
Is my cryptonote hash wallet thing not working? I have been mining for a few days and still it shows 0/ zero coins pending or available.
What is wrong? I put in my public key. What do i need to do? Whats the best thing to download?
Hashes submitted is 62,000
What is wrong? I put in my public key. What do i need to do? Whats the best thing to download?
Hashes submitted is 62,000
November 03, 2017, 09:18:57 PM
im mining monero for a very long time ill keep it. cant mine this cos there is no legit pool.
November 03, 2017, 09:11:13 PM
Is this calculcator that are on pool working correct, I have 72KH/s power and must do 5900 ETN but not see this in my balance.
November 03, 2017, 08:59:56 PM
any decent pool?
Almost 70% of all network hash is at easyhash.io and they've made 2 ETN threshold today. Still I believe cryptonight sucks, really bottlenecked by memory and miner apps lag like hell. No wonder the best card for that algo is AMD Radeon RX Vega @2.1 kH/s November 03, 2017, 08:53:37 PM
Is it true you guys are going on Bitfinex soon?
Not sure until its posted. The fact that Electroneum has its own blockchain means that the holy grail Poloniex will accept it.
When Poloniex accepts one, everyother exchange knows its great quality. Bittrex is a lock for sure.
November 03, 2017, 08:48:13 PM
Is it true you guys are going on Bitfinex soon?
November 03, 2017, 08:19:00 PM
If this thread get locked I will burn all mu coins. This thread is a great thread . Stop spreading new thread fud. This is the real one. Who's spamming?
November 03, 2017, 08:16:02 PM
People here are too greedy lol. The coin went back down to a firm support bottom line of 7 cents. That is 7x the coins price, not including %10 - %50 bonus which makes the value higher for most people.
People are mad that ETN isn't at 25 cents
People are mad that ETN isn't at 25 cents
down to about 6 cents but that's still a 24x gain for me with my cost basis
Wait $.06, wasnt the ico $.065 per ETN ? How did you 24x
.06 is 6 cents where the coin sits as we speak. I thought the ico price was 1 cent?
November 03, 2017, 08:07:03 PM
i have saw another thread that has been opened for this token..is it legit or is someone that tries to make extra fud in the forum?
November 03, 2017, 08:01:56 PM
any decent pool?
November 03, 2017, 08:01:28 PM
People here are too greedy lol. The coin went back down to a firm support bottom line of 7 cents. That is 7x the coins price, not including %10 - %50 bonus which makes the value higher for most people.
People are mad that ETN isn't at 25 cents
People are mad that ETN isn't at 25 cents
down to about 6 cents but that's still a 24x gain for me with my cost basis
Wait $.06, wasnt the ico $.065 per ETN ? How did you 24x
November 03, 2017, 07:58:31 PM
People here are too greedy lol. The coin went back down to a firm support bottom line of 7 cents. That is 7x the coins price, not including %10 - %50 bonus which makes the value higher for most people.
People are mad that ETN isn't at 25 cents
People are mad that ETN isn't at 25 cents
down to about 6 cents but that's still a 24x gain for me with my cost basis
Pretty much anyone who got into this early can still be very happy. Was a great investment, still is and always will be.
November 03, 2017, 07:49:21 PM
People here are too greedy lol. The coin went back down to a firm support bottom line of 7 cents. That is 7x the coins price, not including %10 - %50 bonus which makes the value higher for most people.
People are mad that ETN isn't at 25 cents
People are mad that ETN isn't at 25 cents
down to about 6 cents but that's still a 24x gain for me with my cost basis
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