Topic: ㉫ ENJIN COIN - World's most Secure Mobile Wallet RELEASED for BTC / LTC / ETH - page 52. (Read 101020 times)

I have a question for the Enjin Team.

It is often promoted that you have many followers/fans over 1m+ people.

Where can I see the statistics for this please.

People were investing icos, getting quick flips with 2-3x profit, investing those money to icos getting 2-3x profit, investing them to icos... What could go wrong? Are you seriously asking this? It wasn't a sure thing to start with.

for now the price from enj is very bad, I do not see a good development of this coin. I hope that in the future the price will come back in accordance with the price of ico or more. I will wait at that moment

I didn't attack to attack you. You are making valid points no doubt! "Recently" is just a term subject to interpretation. The automatic 10x ICO ship has been sinking for a while. And it was clear that was going to happen at some point in time given the insane amount of excess money having been poured into completely worthless ICOs. It will still go on, but on a smaller scale. The small scale is going to be carried on by the newbies and that is an extremely bad development for crypto in general. It's just how it is. It'll take humanity an eternity to learn from its own mistakes Try to understand that sentence and you know that ICOs will always be profitable under certain circumstances even though they might not deliver on their promises.
Engin coin did start out as a pretty fair coin so I have sone hope. But there were also events which are just very similar to all those average stuff.

Me three. Especially with the low initial price and the existing potential customer base.

I bought 10x as many enj after it dropped but still... quite confusing when crap coins with only promises are at least returning now to ICO

I actually agree. From one point of view, I have some ENJ from ICO and I'm pretty calm about having some more at the cheaper price.

On the other hand, it is disappointing that ENJ is not showing its potential right after coming to the exchanges. Me, I expected it will hit like x2-x3 from the very beginning.

Anyway, it is a long term hodl for me.

yeah like I said above there was a short trend where you couldn't lose with ICOs, now I'm seeing the same trend in a different form... You find the projects that are below ICO price, and also seem most likely to hit their goals (and they should obviously be legit goals) in the short term.

Anyone who bought into SONM at however many sats was 3 cents at the time could have sold for 6x not even a month later...

That's why I said until recently

For the longest time (and the main reason we're now hit with a monsoon of ICOs), ICO's were a sure-thing, where you could expect at least a 3x.

Enough of that got TONS of newbies into the market, which is why bitcoin is in a bubble and no one can find proper market value for ICO assets.

For the record though, a majority of the ICOs I've been in (TRST, Lunyr, ODN) are still at at least 2x, and Lunyr only dropped briefly and hasn't since gone back down to ICO price.

I've been messing with ICO's since the DAO, which was only the 2nd major one. This pattern of crappy ICO performance fiat-wise is a newer phenomenon, in what's still a new technology/market anyway. And many are saying it's due to everyone being bullish for BTC. But I've seen various patterns now each occurring for a few months give or take. It used to be everytime bitcoin was bullish alts were bearish then for like 2 months there EVERY TIME bitcoin got bullish every other asset it seemed was going green as the noobs scrambled to get into crypto.

It's nice for the long run of crypto, but I'm telling you now bitcoin is not worth $8,000.... no matter what anyone says about bitcoin being superior, at this point it's a first-to-market thing. Let the hip billionaires ruin bitcoin who cares but with all these ICO's now, only 1 or 2 from each category is going to make it. I'm hoping Enj is the token people think about when they think about cryptos merging with games, but it could end up being anyone. I mostly wish that teams would account for the pricing with regards to utility, so you don't end up sitting here with 2 cent coins you paid 7 cents for.

Long term though, the second that the coins are actually utilized in real world, the growth will be natural. I'd rather see ENJ go from 2 cents to 25 cents over 2 years than what's happened to bitcoin...and I held bitcoin until I couldn't stomach it. It's no longer a novel technology, it's a get rich quick scheme. ENJ could be a way for tons of people to get into crypto who would've otherwise never gave a crap about bitcoin.

Also, would users have to buy enj and then deposit to their server/admin and it's credited as their in game stuff, or is it developers who buy tons of coins and sell them as in game items to then buy more enj?

Last year how many of the world's elite were talking shit on BTC, and now they're advising 10-25% of ones portfolio...god it's sickening.

I'm not mad ENJ isn't at ICO price, I just don't understand fully how it happened, and I'm not fully buying the whale conspiracy. It's the same one that almost every thread starts talking about when prices are 'kept down' ...

ENJIN go for up the price

I don't mind if can get coins below ico price, i've made some spare btc by trading swings and now post ico investments seem like a good opportunity for 10x gains.

The only thing really stopping me from getting this coin, is the coin supply, I honestly think this crypto has alot of potential in the gaming world. It already has well estbalished system within the space. Now the question like every crypto is adoption. I might consider getting this and keeping it long term.

well lets face it. Its all about adoption. Not about traders buying enjin creating a pump. It will just take time. Shillalert: Expectations of $0.20 are on the low end. Telegram is very active (developers as well).   They are going to use Bancor protocol to make purchasement easy.

i invested in this ICO, so far not profitable, but im a long time hodler and believe in this project
go enjin!!

I do not understand how the price can be so low, I bought it in the presale and the price is always two times lower. If someone has a good explanation...

I would disagree here. Quite a lot of ICOs stay around ICO price or go below it. If you consider just the sheer mass of ICOs being presented to the market daily, how could it be otherwise?

Can you elaborate? lol

The price of this coin has actually been pretty stable. It's probably a very bad choice to day trade.

I am in as a long term investor. The price will go up once the coin starts being used for it's intended utility, rather than just being bought and sold on exchanges.  I will probably increase my stake as this price, which is below what I got pre-ico coins for.

Well it seems that even the "competition" didnt help this coin do any better.. it is the second time i am doing a short term investment to this coin.

The first time i managed to get out with minor profits but this time i dont think i am going to make it. This is a very bad and most probably very whales-manipulated coin investment. This whole "hey guys buy some more and do some trading in order to win" binance competition was very fishy from the start but i skipped the "trading" part of it and bought a lot at the peak ( 417 sat ).

What the competition want to accomplish is simply enhance day to day trading , which means that the price will not moon as we were all expecting , but instead will plummit with the help of short trades.
The competitions' terms state that , i am just reading between the lines here and try to rationalize.

Promoting trades and assigning prizes to top 100 traders is very different to promoting a simple purchase in order to be on top 100 , as i initialy thought it was the case.

Keep in mind the prizes.. Top winners will get for free hundred of thousand of coins. Which they will most probably dump immediately leading the coin to even lower levels.

I believe that by the end of the "competition" the coins price will be at least 150-200 satoshi , thus helping the big whales to buy in at the lowest possible price.
I fear that we are being just manipulated once more by Binance exhange. I have made a bad choice unfortunately and the only thing to do left is just wait when and if the coin will reach those levels agains.. Probably by another manipulative tactic..

Thats my 2 cents.

This is just dumb.

No it's actually not super common until recently... and even now there are plenty of assets sitting at 2-5x of ICE.

or at least they're holding the ICO value