Topic: Is Electroneum a SCAM??? - page 63. (Read 104906 times)
I hope it's a scam because these are the most incompetent people in the world if it's not.. Don't need people like this launching coins for the love of god do something you are good at please.
This ICO raised $40 million to fork Monero, move the decimal point, and build another mobile wallet. Somebody kill me. They have been contacting monero devs to help them with the fork. Very aggressive marketing, not sure about the product. They advertised on pretty much every social media platform for months, probably fleeced alot of noobs.
This was also my fear. I was hoping there is something in the mobile wallet (it would be interesting to mine using that), but it seems the mobile wallet isn't enabled yet. Four concerns (now):
1) I heard they pre-mined twice as much as was planned? Several Billion worth of ETN? Why?
2) Why are the official pools not paying out any ETN?
3) When will the mobile wallet be enabled for mining?
4) PC CPU/GPU mining works but when will a simple/easy GUI wallet be available transferring funds? The CLI is there but this is something most people won't understand.
I'm not spending a lot of time with bitcoin/altcoins these days but I think the community would greatly value from a site that evaluates the technical viability of current and future coins so the average person can understand what is going on.
While maybe not a scam definitely not a well thought-out project. Mining that isn't mining, premined coins that are higher than announced. I hope for anyone who invested, that it's just unfortunate communication.
Of course its not a scam but its a low average project with huge marketing. These guys are marketing experts , specialist in their field and good at their job.But why it should grow when it comes to the exchange? Everyone can join the ICO right now. No exclusivity and with an low average project there will be not enough demand after the ICO.Like the moste average projects the price will go below ico price.
Everyone can join the ICO by mining? I thought the initial coin offer is over now.
I think it is not a scam. I read the whitepaper. The concept of the project is great one of which is gaming. Let's just wait and see. Anyways, there are so many coins today, we can never really tell its potential as early as 1 week, 1 month or 3 months.
Check out Suppoman's video about it, he goes into real good in-depth analysis about Electroneum.
Electroneum is not a scam..just read and study there whitepaper.
of course it is a scam,whitepaper said they will only premine 6 billion coins after ico but............................they premined 12.6 billion coins when launching!!
Cheers!
the scam/bubble relizes itself then, when the team starts selling its preming before the investors do, and then there will be a big whining.
regards
I don't think it's a scam. I read whitepaper and i think they have a good team. It is normal to think that those against the project are scam.
Electroneum is not a scam..just read and study there whitepaper.
of course it is a scam,whitepaper said they will only premine 6 billion coins after ico but............................they premined 12.6 billion coins when launching!!
Cheers!
Electroneum is not a scam..just read and study there whitepaper.
https://coinmarketcap.com/currencies/electroneum/
lost another 30 % today and heading for 3 cent barrier
reagards
Electroneum is not a scam..just read and study there whitepaper.
I see their enthusiasm
I think Electroneum is a kind of mobile application for accessing cryptocurrencies.This application permits the user to send and recieve payouts and also to manage and monitor their online funds..It can be accessed even by an ordinary user.it is being designed on a custom blockchain with a variety of special features.
No i dont thinnk so its scam. Electroneum is the first British-developed cryptocurrency and represents a huge change of pace in the market. It’s built on its own unique blockchain .Its is Developed to be used in the mobile gaming and online gambling markets, it will be the most user-friendly cryptocurrency in the world with wallet management and coin mining all possible on a mobile app. 
This ICO raised $40 million to fork Monero, move the decimal point, and build another mobile wallet. Somebody kill me. They have been contacting monero devs to help them with the fork. Very aggressive marketing, not sure about the product. They advertised on pretty much every social media platform for months, probably fleeced alot of noobs.
I see a lot of people angry of the delay because they whant to dump theyre coins. I see ETN as a long therm investemnt so if the devs are working to keep my coins safe i am happy. The whole purpose of a ICO is not to dump the coins as soon they are listed. You shoul participate at a ICO if you believe in the project and you want it to grow making youre tokens more valuable. I`m waiting for those who are in dumping to sell theyre coins so i can buy some more at a cheap price and stack them for future profits. For a year or so i will only buy and my believe is that in the long run i will have only to proffit from this project. Good luck team
im super proud of what the dev team is up to right now, the Dev team promise to us all holders faithfully that they are working all night to get this delivered.
You just had to give it some time but it's always good to be cautious.
yea for sure. I know some of the "influencers" openly call it as a scam.. but they did communciate their change of branding. As a benefit of the doubt, they probably are just bad at PR and communication. If any of you dont feel comfortable then quickly get out if you see some profit.. I think they have quite a decent small cap and the upside could be good though. I think it is a scam and people will lose money, because this poject is overvalued
The problem is we ICO investors can't get out. They are holding access to wallets. I've been wanting to dump my share of electroneum for two (2) whole days now.
It really feels like the devs are slowly selling their stash (because only they have access) and then when they're already done and rich, they'll give us our coins which will be worth nothing already.
i dont think its a scam but this is quite suspicious considering this thread. how does the exchange have working wallets but they dont ?
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