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Topic: ELECTRONEUM IS WAKING UP (Read 870 times)

hero member
Activity: 1232
Merit: 528
Community Manager: ETN
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
November 22, 2019, 12:01:15 AM
#49
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
November 09, 2019, 02:12:04 PM
#48
I have faith in ETN. Contemplating buying more at these prices.


Waking up from what? nothing but progress is what's been happening with electroneum since day one, the project is blessed with good team that thinks very well before making decisions, so far so good and its a must buy for those who know whats good for them



Couldnt agree more


😍😍😍😍
full member
Activity: 251
Merit: 103
November 07, 2019, 01:20:02 PM
#47
I have faith in ETN. Contemplating buying more at these prices.
member
Activity: 504
Merit: 16
November 07, 2019, 01:22:21 AM
#46
Waking up from what? nothing but progress is what's been happening with electroneum since day one, the project is blessed with good team that thinks very well before making decisions, so far so good and its a must buy for those who know whats good for them
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
November 06, 2019, 11:07:01 PM
#45


Example of whats happening over and over on the ground


hero member
Activity: 3052
Merit: 606
November 06, 2019, 05:53:51 PM
#44
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!
Is kucoin not a top exchange? ETN is listed there which is still OK with a fair 24hr volume. It's also trading on Iiquid, Huobi global, and HITBTC which are all "big exchanges" per say.

It's not because it does not have a stable trading volume, this year, I see Kucoin trading over $500 million in 24 hours now its only trading over $33 million.
This exchange is really different compared to Binance and Houbi which are able to maintain their good volume.

https://coinmarketcap.com/exchanges/huobi-global/
https://coinmarketcap.com/exchanges/binance/

https://coinmarketcap.com/exchanges/huobi-korea/ even has a bigger volume compared to total Kucoin volume.
Maybe during the altcoin season we will see Kucoin again reaching over $500 million trading volume but since they are not stable, I will not consider them as top exchange.
hero member
Activity: 2268
Merit: 507
November 06, 2019, 05:48:08 PM
#43

While Cryptopia was operational, ETN was on day-to-day arbitrage with Kucoin and it was interesting. But I lost any interest in ETN after the Cryptopia hack.

Also, ENT is still losing money and it's far away from become profitable.


yeah lost all of my ETN in cryptopia.in crypto i have more than 100k ETN.after cryptopia hacked I am worried for my ETN.also they are making drama and I can't see any hope.Mailed them few times but no reply from them. Sad RIP my $ETN
So you left over 100k of Electroneum coins on cryptopia? what are they doing on there? investors and traders have been warned several times not to trust any exchange, do not leave coins or tokens that cost alot on any exchanges because anything can happen

c'mon we are talking of 300€ here ... or 330usd if you prefer :-)

that's a medium amount of money but as stated by cryptopia itself if it will be coming back again in the future but with the different regulation that will be implemented on the cryptopia's site.
I thought those who are still having their balance on crytopia will get back their money. But that guy above you is blaming someone that has already kept the his funds on cryptopia.
maybe $300 is not a lot but may be it's a lot for him.
full member
Activity: 700
Merit: 108
November 06, 2019, 04:23:27 PM
#42

While Cryptopia was operational, ETN was on day-to-day arbitrage with Kucoin and it was interesting. But I lost any interest in ETN after the Cryptopia hack.

Also, ENT is still losing money and it's far away from become profitable.


yeah lost all of my ETN in cryptopia.in crypto i have more than 100k ETN.after cryptopia hacked I am worried for my ETN.also they are making drama and I can't see any hope.Mailed them few times but no reply from them. Sad RIP my $ETN
So you left over 100k of Electroneum coins on cryptopia? what are they doing on there? investors and traders have been warned several times not to trust any exchange, do not leave coins or tokens that cost alot on any exchanges because anything can happen

c'mon we are talking of 300€ here ... or 330usd if you prefer :-)
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
November 06, 2019, 04:15:20 PM
#41
Some very wise responses I see here Wink
member
Activity: 742
Merit: 16
November 02, 2019, 11:15:16 PM
#40

While Cryptopia was operational, ETN was on day-to-day arbitrage with Kucoin and it was interesting. But I lost any interest in ETN after the Cryptopia hack.

Also, ENT is still losing money and it's far away from become profitable.


yeah lost all of my ETN in cryptopia.in crypto i have more than 100k ETN.after cryptopia hacked I am worried for my ETN.also they are making drama and I can't see any hope.Mailed them few times but no reply from them. Sad RIP my $ETN
So you left over 100k of Electroneum coins on cryptopia? what are they doing on there? investors and traders have been warned several times not to trust any exchange, do not leave coins or tokens that cost alot on any exchanges because anything can happen
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 02, 2019, 09:08:46 PM
#39
Good to hear that Electroneum is still up, but unfortunately sold all my ETN during ATH. Grin But still I believe the project has potential, mobile mining is quiet unique as well offering equal opportunity to people around the world by allowing them to earn free ETN's.
Electroneum is a much expected asset that grew high providing big return to the investors. You're lucky to get the best at the right time. Mobile mining is unique, but the Electroneum in terms of circulation and trading the support is not good as the beginning. Also the team hasn't pushed it further, once after getting good earning out of the profit its been left. Further the bear market of bitcoin made a big crash, soon will recover along with bitcoin.
hero member
Activity: 2926
Merit: 567
November 02, 2019, 08:58:22 PM
#38
I remembered the times when so much hype circulating on electroneum everybody was like fomo on this project cause of the fact that you can earn coin by playing games that looks like a mining but, suddenly lots of lag and error has been concluded by users. Even the referral itself I worked for it just to earn a lot of ETN. I even invested with it, but I think long term can be quite slow for them to caught up with bigger fishes.

One of the coins with the biggest hype I still subscribed to their newsletter still waiting for the more updates, so many of us put their trust on this coin hoping that this is the next big thing, there's even a lot of articles and videos about this that it will even reach $5 one year after it was launch, after this there is no more big hype.
sr. member
Activity: 756
Merit: 251
November 02, 2019, 08:57:17 PM
#37
I remembered the times when so much hype circulating on electroneum everybody was like fomo on this project cause of the fact that you can earn coin by playing games that looks like a mining but, suddenly lots of lag and error has been concluded by users. Even the referral itself I worked for it just to earn a lot of ETN. I even invested with it, but I think long term can be quite slow for them to caught up with bigger fishes.

Blame it on the development team itself. Electroneum (ETN) was only very active before when they were still selling their brand but when everything's done, they seem to became too relaxed already. Although they were able to get listed to the big names such as Kucoin, Huobi, and Liquid, they were not able to sustain the volume. That reflects the interest also. The volume may be a little decent but it is obviously falling down.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
November 02, 2019, 08:49:10 PM
#36
I remembered the times when so much hype circulating on electroneum everybody was like fomo on this project cause of the fact that you can earn coin by playing games that looks like a mining but, suddenly lots of lag and error has been concluded by users. Even the referral itself I worked for it just to earn a lot of ETN. I even invested with it, but I think long term can be quite slow for them to caught up with bigger fishes.
jr. member
Activity: 784
Merit: 6
November 02, 2019, 04:01:34 PM
#35
The team seem to be slack about the project. ETN would have been among the best coins in the crypto space, because investors and so many other crypto enthusiasts had strong believe in it, but along the line, they were all disappointed. It was the first believe that has made it to be where it is today.
legendary
Activity: 2366
Merit: 1408
November 02, 2019, 03:27:47 PM
#34
I HAD so much faith in ETN and mined a lot, I bought a lot and devs didn't do their homework of taking care os ETN so I gave up to this project and don't want to buy more, I wish good luck, but it's difficult to earn confidence of the old investors again
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
November 02, 2019, 03:19:50 PM
#33
This project is one of the projects that I have so much faith in and I think that I have never for once given up in them the way I have not given up on Ethereum and other solid projects in the market.

This little wake up you see is still not guarantee that they are recovering completely, so I would not really put my mind very much in it because that was how one particular top coin gained some increase recently which I don’t know what could have caused it, but before you know it, the value dropped again, but i know that next year after the halving of bitcoin and after Ethereum has released their 2.0 project, I am so certain that majority of these coins will really rise once again and electroneum will surely be among the top coins that will make a deeper rise more.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
November 02, 2019, 03:51:36 AM
#32
I don't repurchase ETN after I sell it at the highest price in a long time ago Grin

If ETN can increase again, I think right now is a good time for me to buy that coin and hold it. But I will take a look and observe more to find out if that coin can increase in a short time or not. If the waiting time still needs longer, then I will wait for more until I can see a good sign to buy that coin. I think many people already buy that coin because they want to repeat their profit from that coin.
sr. member
Activity: 602
Merit: 253
November 02, 2019, 03:18:46 AM
#31
Never been a fan of Electroneum, it had its hype and success back in the day. I didn't see any improvement on the price for this year.
Nor did I see there will be an increase on the price as well. Even with the backup of big exchanges. But we never know, the price might bounce up soon or later or worst.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
November 02, 2019, 03:02:53 AM
#30
Suffered quite a huge loss on my investment in Electroneum earlier and in my opinion retracing that amount is not going to be easy. They would need to work extremely hard to go anywhere near previous ATH.
The price might not be enough but to think that they can maintain the price even other project already lost its value is a good sign. ETN is just waiting for something before they increase the price one good news and bull market this coin will be belong to the altcoin that will rise its value.
member
Activity: 742
Merit: 16
November 02, 2019, 01:39:23 AM
#29
Its a shame that some people still think that electroneum is not a good project probably because they never meet their expectations, good projects will always requires long time, only rushed projects ends up half backed and problems will quickly arise but etn is blessed with a smart CEO and teams, i will keep buying even if price keeps falling
legendary
Activity: 1330
Merit: 1001
November 02, 2019, 12:31:19 AM
#28
Suffered quite a huge loss on my investment in Electroneum earlier and in my opinion retracing that amount is not going to be easy. They would need to work extremely hard to go anywhere near previous ATH.
full member
Activity: 1148
Merit: 116
November 02, 2019, 12:23:40 AM
#27
I heard that etn did bounty that very year it was released? damn i wish i was a bounty hunter then, i bet i will still be holding by now, hope new developers can learn from them, without real use case its dead end for such project, etn is one of the coins that's good for long term holding.
full member
Activity: 952
Merit: 110
November 02, 2019, 12:19:36 AM
#26
ETN is a fully working project with real use case, i wish new projects of today are dedicated and hard working like electroneum team, i'd rather choose serious teams over and over than trying to find something new that mostly will turn scam in the end.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
November 01, 2019, 11:05:43 PM
#25


Ells - Anytask.com Youtube Announcement

https://youtu.be/kb9u6_V_5Lw



Interesting Comments


Kent Mccroskey
- Youtube Comment

>Fiverr lost 16 million in 2017, 36 million in 2018.  A site similar to Fiverr dealing in crypto immediately has more challenges than fiat. If anyone believes this will take ETN to the moon, you are delusional.  And before some whiney, snot-nosed, fanboy says, "But Kent, these people aren't banked, they have no way to use Fiverr.  You can now open online banking accounts with a smartphone.  There are online wallets to store fiat just like crypto.  Cash App, and companies like Cash App are going to serve the needs of the third world.


M System YouTube-Kent Mccroskey Comment Reply

>>>You are correct Kent Fiverr lost money on paper, but you should also mention this was due to their expansions and acquisitions. As a company I would gladly take those losses if I am still growing at anything above 25%. In case of Fiverr it is actually at 40%. Their annual growth rates shows over 40%. Revenue totaled $75.5 million in 2018, representing growth of 45% over 2017. In the first quarter of 2019, revenue totaled $24 million, 42% more than in the first quarter of 2018. Furthermore, Fiverr has raised $111 million. Its investors include the Bessemer Venture Partners, Qumra Capital, Accel, Square Peg Capital venture capital firms, and lets not forget JP Morgan Chase and Citi are doing the underwriting. Do you think these firms would invest in a failed business if they did not think they could make out like bandits?

i always like electroneum, it was the first to do "social mining", a distro just for participation
so many projects have copied it since, but NONE have had its popularity
i have like 5 coins on my phone right now that copy cat ETN, they are all worthless Tongue i hope ETN pumps, i have been mining my stash for like a year+ lol
sr. member
Activity: 1050
Merit: 256
November 01, 2019, 07:53:26 PM
#24
Electroneum is one of the coins that made a big profit for me when it was ICO. I bought it for about $400 and sold it for almost $5,000.
I think ETN is a good coin with clear development. I often see updates on their Twitter. The most amazing thing is that in the past they made a smartphone that could mine ETN. But, now I'm not too update about ETN, I just hope they will move better and better.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
November 01, 2019, 06:07:23 PM
#23
When come back one dollar I Am totally loss my bitcoin I invest 0.01
Not only you and so many people have been losing their money in this kind of shitcoin. It looks like you have bought the hype because this coin has no product and only what the dev called as mobile mining as a product from ETN. you have lost your money and i hope you will never invest in another kind of shitcoin like ETN again. It's more than enough to get a lot of knowledge from this case.
hero member
Activity: 1638
Merit: 518
November 01, 2019, 01:24:04 PM
#22
somehow , when i hear ETN , its just reminded me to Cryptopia exchange  Grin Grin
that bastard still freeze money from hodler.
btw , did that BETA application will affected much for ETN ?

I'm disappointed on Electroneum, it creates a big hype when it was launched, there's even a lot of videos on Youtube shilling this coin that it will reach $5 in just a year, but never happen, this coin is now in limbo, I don't know if it still deserves to be included in your portfolio, but since it is on top exchanges it still has the chance, we just hope those exchanges will not delist Electroneum.

well, its normal i guess,
as far i remember , that project came on 2017 ERA with everything is HYPE , also ETN inside,so i guess,nothing can be blamed for it.
and also , on cryptopia , ETN have a Top volume on that time , its really really hype.
member
Activity: 798
Merit: 14
October 24, 2019, 01:05:11 PM
#21
It's been a long time coming to see projects up in gains. I will say the trend reversal is rightly happening now for some solid projects I love what ETN got going on I believe with time they will list on more exchanges for more exposure to their project.
newbie
Activity: 6
Merit: 0
October 24, 2019, 12:42:50 PM
#20
When come back one dollar I Am totally loss my bitcoin I invest 0.01
legendary
Activity: 2954
Merit: 1153
October 24, 2019, 12:36:36 PM
#19
I'm disappointed on Electroneum, it creates a big hype when it was launched, there's even a lot of videos on Youtube shilling this coin that it will reach $5 in just a year, but never happen, this coin is now in limbo, I don't know if it still deserves to be included in your portfolio, but since it is on top exchanges it still has the chance, we just hope those exchanges will not delist Electroneum.

Indeed, I thought it would compete against medium tier altcoin if not ETH or XRP, I bought ETN during those hypes, but then later I realized that it is going nowhere so I sold all my holding when I saw the price started to drop.  It is good to see some activites from electroneum, but I wonder if this will continue.
legendary
Activity: 1638
Merit: 1046
October 24, 2019, 12:22:35 PM
#18
Didn't notice that ETN was one of the top 100 right now and it is listed on many exchanges compared before. I have some of this until now but since it's just a small amount I decided to forget this coin but if the price increase to $1 USD I'm happy to sell it and make profit.


Good to hear that Electroneum is still up, but unfortunately sold all my ETN during ATH. Grin But still I believe the project has potential, mobile mining is quiet unique as well offering equal opportunity to people around the world by allowing them to earn free ETN's.

Do they still mine ETN with mobile?

I am curious if how ETN mining on mobile works do they have a mining calculator which mobile is making more than the other mobile?
Do they solve the 51% attack issue?

It seems that this coin has potential but the problem there are many ASIC players out there that can bypass and mine ETN that can affect the price market.
legendary
Activity: 2730
Merit: 1288
October 24, 2019, 12:21:36 PM
#17
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!

Exchanges are not listing illegal securities. Serious exchanges will also delist them. You mentioned CEO. Having CEO is clear sign of a security.
sr. member
Activity: 1526
Merit: 251
October 24, 2019, 11:33:11 AM
#16
how can you say that, I see from the June chart up to now, there is no increase but a decrease I see a market cap from 48m $ to 32m $ but it's reasonable because BTC is also down, and the worst is the last 2 days to above 8 %.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
October 24, 2019, 11:04:50 AM
#15
I'm disappointed on Electroneum, it creates a big hype when it was launched, there's even a lot of videos on Youtube shilling this coin that it will reach $5 in just a year, but never happen, this coin is now in limbo, I don't know if it still deserves to be included in your portfolio, but since it is on top exchanges it still has the chance, we just hope those exchanges will not delist Electroneum.
member
Activity: 686
Merit: 11
October 24, 2019, 10:39:16 AM
#14
I also lost my ETN on Cryptopia. And I do not regret it. Often, even positive news does not contribute to the growth of crypto assets. And mining on mobile devices usually has dubious prospects. So I would not expect much from ETN. This is possible temporarily during a big fomo.
newbie
Activity: 58
Merit: 0
October 24, 2019, 09:39:12 AM
#13
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!

ETN already list on some big exchange: Huobi, Kukoi, Liquid... But this project maybe no have strategy to develop
member
Activity: 574
Merit: 18
Making Smart Money Work
October 24, 2019, 09:15:11 AM
#12
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!
Is kucoin not a top exchange? ETN is listed there which is still OK with a fair 24hr volume. It's also trading on Iiquid, Huobi global, and HITBTC which are all "big exchanges" per say.

Sorry i meant exchanges such as Binance, Bittrex etc
Since ETN find its way to Huobi its only a matter of time for binance listing as well, i am very positive with the project since the launch, good team too they are able to tackle few problems some months back, this is what i called working product
member
Activity: 1260
Merit: 21
October 24, 2019, 09:11:54 AM
#11
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!

i couldn't agree more, it seems the ceo is not doing his best to push etn to at least one of the top exchange around, sometimes i do forget we still have a coin like etn in the market, i remember the much hype around this coin during the ico period, i didn't buy during ico but i bought from exchange made small profit and move on, too bad things aren't working as expected.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
October 24, 2019, 08:36:36 AM
#10

While Cryptopia was operational, ETN was on day-to-day arbitrage with Kucoin and it was interesting. But I lost any interest in ETN after the Cryptopia hack.

Also, ENT is still losing money and it's far away from become profitable.


yeah lost all of my ETN in cryptopia.in crypto i have more than 100k ETN.after cryptopia hacked I am worried for my ETN.also they are making drama and I can't see any hope.Mailed them few times but no reply from them. Sad RIP my $ETN
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
October 24, 2019, 08:20:57 AM
#9

The fundamental of electroneum doesn't seem good for me to be added to the major exchange site. ETN has already listed on various exchange sites and the volume is even getting a big decrease from above $100k to the less than $10k in a day.
That's a horrible thing that I can see from ETN.





https://coinmarketcap.com/currencies/electroneum/

24 hr Volume at 200k. But it was much higher yes
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
October 22, 2019, 11:21:53 PM
#8
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!
Is kucoin not a top exchange? ETN is listed there which is still OK with a fair 24hr volume. It's also trading on Iiquid, Huobi global, and HITBTC which are all "big exchanges" per say.

Sorry i meant exchanges such as Binance, Bittrex etc
You should forget about the bittrex listing because ETN is a security coin and there is no reason for bittrex or another US based exchange site to add electroneum on their sites.
Binance is doing so many analyzation on the product that has already created by the project and ETN has no product and it's only a coin that can be mined through use the mobile device and no more.

The fundamental of electroneum doesn't seem good for me to be added to the major exchange site. ETN has already listed on various exchange sites and the volume is even getting a big decrease from above $100k to the less than $10k in a day.
That's a horrible thing that I can see from ETN.
Major exchange site will always audited the coin that will be listed on there.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
October 22, 2019, 11:04:19 AM
#7
Good to hear that Electroneum is still up, but unfortunately sold all my ETN during ATH. Grin But still I believe the project has potential, mobile mining is quiet unique as well offering equal opportunity to people around the world by allowing them to earn free ETN's.
legendary
Activity: 1512
Merit: 1011
October 22, 2019, 10:42:23 AM
#6

While Cryptopia was operational, ETN was on day-to-day arbitrage with Kucoin and it was interesting. But I lost any interest in ETN after the Cryptopia hack.

Also, ENT is still losing money and it's far away from become profitable.

sr. member
Activity: 1092
Merit: 250
October 22, 2019, 10:32:50 AM
#5
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!
Is kucoin not a top exchange? ETN is listed there which is still OK with a fair 24hr volume. It's also trading on Iiquid, Huobi global, and HITBTC which are all "big exchanges" per say.

Sorry i meant exchanges such as Binance, Bittrex etc

It is still in the development stage so we can only wait until it is listed there.
I think ETN on the Huobi, Liquid and Kucoin exchanges is pretty good with real volume and lots of trading on ETN, but why do you have to wait at Binance and Bittrex?
full member
Activity: 336
Merit: 100
October 22, 2019, 10:23:37 AM
#4
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!
Is kucoin not a top exchange? ETN is listed there which is still OK with a fair 24hr volume. It's also trading on Iiquid, Huobi global, and HITBTC which are all "big exchanges" per say.

Sorry i meant exchanges such as Binance, Bittrex etc
sr. member
Activity: 1330
Merit: 289
October 22, 2019, 10:19:43 AM
#3
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!
Is kucoin not a top exchange? ETN is listed there which is still OK with a fair 24hr volume. It's also trading on Iiquid, Huobi global, and HITBTC which are all "big exchanges" per say.
full member
Activity: 336
Merit: 100
October 22, 2019, 10:10:37 AM
#2
I cannot understand why ETN isn't on any of the big exchanges?

CEO not pushing for it either!
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
October 22, 2019, 09:55:58 AM
#1


Ells - Anytask.com Youtube Announcement

https://youtu.be/kb9u6_V_5Lw



Interesting Comments


Kent Mccroskey
- Youtube Comment

>Fiverr lost 16 million in 2017, 36 million in 2018.  A site similar to Fiverr dealing in crypto immediately has more challenges than fiat. If anyone believes this will take ETN to the moon, you are delusional.  And before some whiney, snot-nosed, fanboy says, "But Kent, these people aren't banked, they have no way to use Fiverr.  You can now open online banking accounts with a smartphone.  There are online wallets to store fiat just like crypto.  Cash App, and companies like Cash App are going to serve the needs of the third world.


M System YouTube-Kent Mccroskey Comment Reply

>>>You are correct Kent Fiverr lost money on paper, but you should also mention this was due to their expansions and acquisitions. As a company I would gladly take those losses if I am still growing at anything above 25%. In case of Fiverr it is actually at 40%. Their annual growth rates shows over 40%. Revenue totaled $75.5 million in 2018, representing growth of 45% over 2017. In the first quarter of 2019, revenue totaled $24 million, 42% more than in the first quarter of 2018. Furthermore, Fiverr has raised $111 million. Its investors include the Bessemer Venture Partners, Qumra Capital, Accel, Square Peg Capital venture capital firms, and lets not forget JP Morgan Chase and Citi are doing the underwriting. Do you think these firms would invest in a failed business if they did not think they could make out like bandits?
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