Topic: Is Electroneum a SCAM??? - page 42. (Read 104927 times)

Is that true ? I have not seen anything in the latest offer of electroneum developers. What actually happened to electroneum? I will soon be careful of electroneum.

Electroneum looks like a scammy shit right now they cant even fix the wallet issues,they intended to be a successful coin but they cant,poor developers and management,a lot of investors losts their money by joining their ICO.

I cant believe how many people are saying things like "they are doing a good job" or "give them credit for a quality product" when so far all we have is a monero crypto with the name scribbled off with a sharpie and electroneum written underneath
oh wait.. we don't even have that.. all we have is a defunct blockchain gaining height while a few miners and no actual users utilize the chain of this botched crypto turned scam that keeps the coins safe by design. now if they are concerned that their shitty website is compromised, then why not keep everyones coins on the chain instead of whatever "bitcoin account" they are developing and allow users access to keys holding their coin if they by some strange incidence are a subspecies of human that actually prefer to have unfettered access to their currency.. while the people who need an app with a pretty little box saying how many coins they have directly below their username and a quick little bio of themselves that say things like "this coin is a success" can wait for that day to come.

if they are not a scam then why do they insist on acting like one

also, someone please explain where the $40 million went? there wasn't any actual crypto R&D for this coin, and their website could not have been more than $39.5 mil tops

it seems the only investment these people have actually made is in their image.. literally, all they have are pretty graphics and a sweet name


just some advice from someone who has been scammed too many times to count: for every honest person in the crypto world there are 10 dishonest ones looking to make a quick buck

That is highly promoted project and it is highly recommended for the long term. I do believe it is not a scam.

These guys are doing a great job to provide the sufficient product quality so let's give 'em a chance.

I don't think it's a scam...but I think they have a lot of work to do before it blows up.  A lot of work.

As per the researches and comment of other people who dug deeper in related with this matter, it seems that it is really a scam but in the other hand there are arguments saying that it is not a scam. I think maybe it is not a scam, maybe the problem is that they have bulk volume of coins that is the reason why this coin has low value.

Is it a scam ??

I don't think this coin is in any way a scam. I do believe that the success and everything that comes with a Cryptocurrency has overwhelmed them and they pulled the emergency brake before things started to derail. And I think that's why they hired HackerOne to make sure that everything will work like it should and solve the problems that they should've seen coming from the start.

That's also why I think the delay is taking as  long as it is. I doubt that it was only that security breach. I think HackerOne found multiple problems with the app and website that needed immediate fixing to make this coin successful. However I do agree with some users that they should give people more updates regarding the technical aspect of the coin. (IE the improved app etc) We haven't actually seen any real updates regarding the development of the coin, but just updates about the security that HackerOne is on top of. And I definitely understand that the security part is out of their hands and they can only give as much info as HackerOne is giving them. But they could keep us updated on the rest of the development.

I do still believe in Electroneum and I definitely think this has the potential to be a huge success.

I would.

Actually.  That’s a really good argument.  It’s already live, being mines, being sold and being traded.  Seems prettt real doesn’t it??

Is not, I haven't had a single complaint using it so far.

I agree that Richard Ells seems to be above board.  He’s been in the public eye.  Hopefully his marketing plan will be mad genius.

I have some electroneum bit i have sold it in low price. I think the reason because they have high supply in the market.
I dont know exactly it is scam or not but at least i have sold mine.

Looking at the reviews of the articles you attached here I think that ICO is not a scam because I see some writing that says about Richard Ells has started a digitalLtd agent in 1997 called SiteWizard and runs until now it shows that this is a program which has been going on for quite a while, and inside there are about 20 staff and of course with him saying that Retortal Ltd, which has grown to have more than 100,000 users, of course this makes me even more convinced that electroneum is not a scam yet again about several partnerships that embrace several well-known brands such as Herbalife, Avon, Forever Living, Mary Kay.

This is my first cryptocoin...if you don’t count the BTC I had to buy in order to get this.  So far, the lack of communication has been my biggest complaint and concern.  I still hope the mobile miner and wallet make things so easy that some amount of mass adoption can happen, but I am worried more and more each day.

For me personally, I find that Electroneum in its current state alienates community members that might be new to Cryptocurrency; having a user-friendly front end with a gentle learning curve would create an increased and more widespread adoption of the vast amount of lower tier traders which are important for promoting a healthy consumer base.

I understand that their website/platform was compromised but they have outsourced that issue to Hackerone who will deal with it which means that the Dev team could be working on the Mobile platforms which were an important part of their marketing campaign.

As it stands Electroneum is just another trade coin which has a basic offline / desktop wallet system and a website that is barely functional; which is not much to show for a staggering $40 million dollar ICO.

Just my opinion of how things are at the moment; maybe the Developers are working hard on the platform's backend or something like that and it will all turn out fine in the end.

No, we'd rather they actually knew what they were doing, did all this back-end testing before the launch and allegedly having their website hacked on day one.

Does anyone actually have any real evidence that these guys know what they're doing or is it always going to be the same old 'HackerOne', 'have patience', 'we'll all be rich', 'mobile mining for the masses', 'to the moon' rubbish spouted each day. Just because you want to believe them doesn't make it real or any better.

They've employed hackerone to go through their system and find bugs, this takes time .. patience is a virtue my friends. Would you rather they just released it, your wallets got hacked and you lost all your tokens?

Stop burying your heads in the sand and address the issues me and countless others have raised. Their social media updates are BS - just posting every few days ‘we are working on it’ doesn’t help anyone, a child could do that. This will only be huge because people keep hyping it up way more than it deserves, the whole mining/airdrop thing hasn’t been addressed and even an early alpha/beta app hasn’t been shown yet.

Please don't say that. That my investing hope.