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Topic: Is Electroneum a SCAM??? - page 67. (Read 104937 times)

sr. member
Activity: 658
Merit: 250
October 30, 2017, 06:07:51 PM
No, it's definitely not a scam. They always talk about it.
but i researched very good and i trust.

you cant call an empty IT system a currency..... even in harsh times, royal money was at least minted on lesser quality metals, people tend to realise the scam sooner or later.

even if electroneum will have short term success it will still just base it on its aggressive marketing campaign. It actually admits that already

sooner or later there will be then:

electroneum cash, electroneum gold, electroneum platinum...... and so on.

no change at all.

people work for the british pound because they still think the financial elite will distribute the wealth and evenly develop the country, or at least because the british financial inquisition gives them no alternative to do so. no point electroneum will do that, or at least they claim to be british, which should be a warning sign to all those that understand whats going on.

i at least bother with making a cryptocurrency dual layered, but not for electroneum the IT encription and wasting of energy is enough to tell others it is valuable




Anyone see where this guy left his meds??

Not funny guys, as you can see HE NEEDS THEM, so this isnt a laughing matter.

Whoever has them just give them back and there will be no questions asked Shocked Shocked Shocked
sr. member
Activity: 1470
Merit: 325
October 30, 2017, 08:00:44 AM
No, it's definitely not a scam. They always talk about it.
but i researched very good and i trust.

you cant call an empty IT system a currency..... even in harsh times, royal money was at least minted on lesser quality metals, people tend to realise the scam sooner or later.

even if electroneum will have short term success it will still just base it on its aggressive marketing campaign. It actually admits that already

sooner or later there will be then:

electroneum cash, electroneum gold, electroneum platinum...... and so on.

no change at all.

people work for the british pound because they still think the financial elite will distribute the wealth and evenly develop the country, or at least because the british financial inquisition gives them no alternative to do so. no point electroneum will do that, or at least they claim to be british, which should be a warning sign to all those that understand whats going on.

i at least bother with making a cryptocurrency dual layered, but not for electroneum the IT encription and wasting of energy is enough to tell others it is valuable






full member
Activity: 336
Merit: 111
October 30, 2017, 07:43:20 AM
No, it's definitely not a scam. They always talk about it.
but i researched very good and i trust.
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
October 30, 2017, 06:12:55 AM
Firstly I doubted if it was a real scam there
But as the team with the project gathered more than 3 mil I was sure it turned out to be a perspective project

it doesnt matter how much they gatherered.

did they do an aggressive marketing strategy?

yes.

did they reach many people?

yes.

did they had unconditional financial support by powers behind them?

likely, considering the cost of their marketing campaing. those powers will come back to them.

will it be successful and longterm enduring?

no, because its just an empty IT system claimed to be money claimed to be valuable, sold for money earned for time people worked.



regards


They didnt spend but a tiny fraction of 40 million on internet ads for the ICO.

CPA for a download is WAY less than a dollar.

So for much, much less than 3-5 million, they will have more users than Bitcoin.

In your mind, where is the project then?


its an empty IT system, (i admit they marketed well) they will disapear with it.

its not long term sustainable.

i rather think next currency in britain will be prince harries coins than electroneum

regards




Oh, boy!!


Haha


Funny, King, funny Cheesy Cheesy Cheesy Cheesy Grin
sr. member
Activity: 1470
Merit: 325
October 30, 2017, 05:49:05 AM
Firstly I doubted if it was a real scam there
But as the team with the project gathered more than 3 mil I was sure it turned out to be a perspective project

it doesnt matter how much they gatherered.

did they do an aggressive marketing strategy?

yes.

did they reach many people?

yes.

did they had unconditional financial support by powers behind them?

likely, considering the cost of their marketing campaing. those powers will come back to them.

will it be successful and longterm enduring?

no, because its just an empty IT system claimed to be money claimed to be valuable, sold for money earned for time people worked.



regards


They didnt spend but a tiny fraction of 40 million on internet ads for the ICO.

CPA for a download is WAY less than a dollar.

So for much, much less than 3-5 million, they will have more users than Bitcoin.

In your mind, where is the project then?


its an empty IT system, (i admit they marketed well) they will disapear with it.

its not long term sustainable.

i rather think next currency in britain will be prince harries coins than electroneum

regards

sr. member
Activity: 658
Merit: 250
October 30, 2017, 05:44:36 AM
Firstly I doubted if it was a real scam there
But as the team with the project gathered more than 3 mil I was sure it turned out to be a perspective project

it doesnt matter how much they gatherered.

did they do an aggressive marketing strategy?

yes.

did they reach many people?

yes.

did they had unconditional financial support by powers behind them?

likely, considering the cost of their marketing campaing. those powers will come back to them.

will it be successful and longterm enduring?

no, because its just an empty IT system claimed to be money claimed to be valuable, sold for money earned for time people worked.



regards


They didnt spend but a tiny fraction of 40 million on internet ads for the ICO.

CPA for a download is WAY less than a dollar.

So for much, much less than 3-5 million, they will have more users than Bitcoin.

In your mind, where is the project then?
sr. member
Activity: 1470
Merit: 325
October 30, 2017, 05:36:55 AM
Firstly I doubted if it was a real scam there
But as the team with the project gathered more than 3 mil I was sure it turned out to be a perspective project

it doesnt matter how much they gatherered.

did they do an aggressive marketing strategy?

yes.

did they reach many people?

yes.

did they had unconditional financial support by powers behind them?

likely, considering the cost of their marketing campaing. those powers will come back to them.

will it be successful and longterm enduring?

no, because its just an empty IT system claimed to be money claimed to be valuable, sold for money earned for time people worked!!!



regards
full member
Activity: 239
Merit: 100
October 30, 2017, 05:18:38 AM
Firstly I doubted if it was a real scam there
But as the team with the project gathered more than 3 mil I was sure it turned out to be a perspective project
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
October 30, 2017, 05:14:04 AM
I always stay away from there overhyped projects, they tend to crash and burn after the ICO.
(hint - tezos)

 Did you read the thread posted above your post? You may want to do that.

It points out that ETN had the most actual NUMBER of investors in history.

You reffered to Tezos which was CLEARLY a bunch of WHALES because it had a small number of investors, and raised $240 million.

Most expected that Tezos was only going DOWN first, but ETN is the opposite. It had 120,000 investors with only 40 million dollars because they cleverly placed the hardcap there.

ETN sold out 11 days early, when it was raising about 3-4 million a day. So there is about 50 million or more (because everyday the number of investors was increasing) of demand stacked up waiting for exchanges to open.

I'm very sceptical of these claims.  Electroneum are paying for Twitter retweets from botnets and also paying people to post positively on BCT.  How do we know that they aren't also gaming the investment statistics?


First of all, the Botnet FUD is NOT true.

2nd, are you refering to people getting bounties for having Electroneum in their sig?

That wouldnt fall under, "paying for posititive posts", as people can make any post they want, in any thread, they are only bounty coins because when they make ANY KIND OF POST, the sig is advertizing ETN links.

So, your entire post is incorrect.

And how about the over 20K Telegram users, is that a conspiracy, too???

Really?

How many more times are you going to come back here and try to mislead everyone

Isnt 12 TIMES, yes 12 POSTS EVERYONE, isnt that enough??

I have a right to post here with my scepticism about the long term veracity about this project and the methods that the Electroneum team are using to promote it. I have been careful to not call Electroneum a scam.

My motivations are not personal gain, I am legally unable to invest in ICOs anyway due to the recent SEC rulings amongst others in my home jurisdictions.

Also, I am perhaps a a crypto old timer who values innovation and development over marketing and sales.  Electroneum could well be a good investment if your only interest is making money.

Lets see if I am to be proven wrong. Lets make this interesting.  I'll donate $500 to a charity of your choice if the price of Electroneum is higher than the first week high after 4 weeks. I'll try to remember to check in back here, if I don't just PM me.

member
Activity: 224
Merit: 11
October 30, 2017, 02:57:57 AM
Where is the marketing? I doxed the dev team, which wasn't too hard when they post all their LinkedIn. They are big players in the internet marketing industry in England. They can do it for free!?! I even looked up the coins head guy Richard Ells and called his headquarters. I asked the secretary about Electroneum? I was transfered to a guy that asked me how he could help me with my questions. So I asked, "why aren't you marketing this ICO?". He said, "they are and more is coming." Do you see any marketing? WTF.

The ICO starts in 3 days!!


EDIT

No, it is definately not a scam.

They have raised 3 million already.

I was worried about the marketing, but now I see their ads everwhere I go on the internet, so the guy wasnt kidding when he said the marketing is coming!!

Damn!!! Ive never seen a coin hit mainstream news sites!!!





No! Electroneum is not a scam, I already bought it and waiting for november 1 for their project. Able to mine in our mobile phones and this is great. I love their concept.
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
October 30, 2017, 02:51:17 AM
I always stay away from there overhyped projects, they tend to crash and burn after the ICO.
(hint - tezos)

 Did you read the thread posted above your post? You may want to do that.

It points out that ETN had the most actual NUMBER of investors in history.

You reffered to Tezos which was CLEARLY a bunch of WHALES because it had a small number of investors, and raised $240 million.

Most expected that Tezos was only going DOWN first, but ETN is the opposite. It had 120,000 investors with only 40 million dollars because they cleverly placed the hardcap there.

ETN sold out 11 days early, when it was raising about 3-4 million a day. So there is about 50 million or more (because everyday the number of investors was increasing) of demand stacked up waiting for exchanges to open.

I'm very sceptical of these claims.  Electroneum are paying for Twitter retweets from botnets and also paying people to post positively on BCT.  How do we know that they aren't also gaming the investment statistics?


First of all, the Botnet FUD is NOT true.

2nd, are you refering to people getting bounties for having Electroneum in their sig?

That wouldnt fall under, "paying for posititive posts", as people can make any post they want, in any thread, they are only bounty coins because when they make ANY KIND OF POST, the sig is advertizing ETN links.

So, your entire post is incorrect.

And how about the over 20K Telegram users, is that a conspiracy, too???

Really?

How many more times are you going to come back here and try to mislead everyone

Isnt 12 TIMES, yes 12 POSTS EVERYONE, isnt that enough??
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
October 30, 2017, 02:12:17 AM
I always stay away from there overhyped projects, they tend to crash and burn after the ICO.
(hint - tezos)

 Did you read the thread posted above your post? You may want to do that.

It points out that ETN had the most actual NUMBER of investors in history.

You reffered to Tezos which was CLEARLY a bunch of WHALES because it had a small number of investors, and raised $240 million.

Most expected that Tezos was only going DOWN first, but ETN is the opposite. It had 120,000 investors with only 40 million dollars because they cleverly placed the hardcap there.

ETN sold out 11 days early, when it was raising about 3-4 million a day. So there is about 50 million or more (because everyday the number of investors was increasing) of demand stacked up waiting for exchanges to open.

I'm very sceptical of these claims.  Electroneum are paying for Twitter retweets from botnets and also paying people to post positively on BCT.  How do we know that they aren't also gaming the investment statistics?
member
Activity: 83
Merit: 10
October 29, 2017, 10:39:14 PM
I have some considerations for this project. I am too far away to be an expert on crypto coins. I have just started trading it recently (Used to trade on Forex for years). All the markets are based on supply VS demand. After days reading and re-reading posts, infos and as much as I can of important infos about ETN, I have concluded that:

1 - If ETN was a SCAM, I am pretty sure they would have not stopped the ICON at 40m and would have raised more and more money and disappear after that.
2 - Instead of disappear, they are trying to get better systems for us (Monero news) and they keep in touch with everyone via email, social media, groups, etc.
3 - NONE can predict a price. That's impossible. It's up, as I said above, to the demand.
4 - It's a real fact that crypto world is still very young and a small number of people know how to walk into it. Ok, a few people knows about the existence of crypto, but most of them don't have a clue how to buy, how to use, for what does it serves, etc. ETN is looking to the masses, if they get sucess on this, the demand will be definitely HUGE.
5 - It doesn't really MATTER if it will dump at the first days, months or years, If they get success introducing the masses to it, it will grow up organically. So HODL!
6 - I have seen a LOT of people crying around groups for not buying enough coins, they are really sorry for it.
7 - About dumping it: If I bought at 0.01, WHY THE HELL I would sell for less than that? Dont make sense! If people sell their bonusses for 0.01.. I am sorry for them... it will grow later and they will cry again.

I believe in the ETN purpose, I see their vision for the future. I am in this project for at least 5 years (Unless It reaches a good price before that).
sr. member
Activity: 658
Merit: 250
October 29, 2017, 06:10:26 PM
I always stay away from there overhyped projects, they tend to crash and burn after the ICO.
(hint - tezos)

 Did you read the thread posted above your post? You may want to do that.

It points out that ETN had the most actual NUMBER of investors in history.

You reffered to Tezos which was CLEARLY a bunch of WHALES because it had a small number of investors, and raised $240 million.

Most expected that Tezos was only going DOWN first, but ETN is the opposite. It had 120,000 investors with only 40 million dollars because they cleverly placed the hardcap there.

ETN sold out 11 days early, when it was raising about 3-4 million a day. So there is about 50 million or more (because everyday the number of investors was increasing) of demand stacked up waiting for exchanges to open.
legendary
Activity: 1011
Merit: 1006
October 29, 2017, 01:21:28 AM
I always stay away from there overhyped projects, they tend to crash and burn after the ICO.
(hint - tezos)
full member
Activity: 279
Merit: 100
October 28, 2017, 12:08:06 PM
I just made this new ETN thread:

Electroneums Crypto Firsts and #1's


https://bitcointalksearch.org/topic/m.23681419
legendary
Activity: 2744
Merit: 1288
October 28, 2017, 08:40:26 AM
I love this electroneum scam thread.
There's actually tons of good information in it.

I'm fine with electroneum not adding anything new to crypto
I'm fine with the huge token supply
I'm fine with the bloated promises and sales pitches in their whitepaper
I'm fine with it being overhyped
I'm fine that it isn't real actual mining on your phone

I still joined in on the ICO and don't regret it.
I joined because I saw a potential to make profit by holding medium term, around 8 to 12 months.
I also joined because I believe that there is a chance for the app to go viral and bring more awareness to crypto.

I am also realistic though.  I don't expect the price of ETN to ever get to even $1 but I also don't expect it to absolutely crash, burn, and be done with like others predict.

And a scam? Sheesh, people throw that word around so easily that I wonder if anyone understands what it means anymore.  Nowadays, the word scam is a blanket word used when someone feels like they won't get what they want from a company.

LOL man. there are so many good projects. Projects just like Bitcoin that will add to the quality of life we have here on Earth. But you rather deliberately  decide to give your money to someone who will make zero innovation. Spend your money on circlejerck promotion and probably put few people in jail after ICO bubble burst.

Well everyone should do with their money as it please him so I guess you have all right.


Jail? LOL

They had 300,000 people register at the website.

Thats 10% of Bitcoins total users before the blockchain was live.

Telegram had to increase the total number of members in a group from 20,000 to 30,000 because of ETN.

ETN has the LARGEST Telegram group in the world.

Electroneum had 120,000 unique investors, which is the most in history.

Need I say more? Anyone who got them for a penny is going to be a rich man.

People that will get scammed will not get to jail, but those organizing it. In anycase, law works super slow so no worries for few more years.  Mark Karpelès was not sentenced yet altho he scammed for billions of Bitcoins in 2017.
sr. member
Activity: 658
Merit: 250
October 27, 2017, 11:38:22 PM
This is not surprising, the majority of ico is a fraud. I think you need to spread this information, that would be less people caught in their bait.

I agree with your opinion, but not every ico is frod I think electroneum legit. Electroniam sale 40million$ token yet.
I think that it's a scam to be honest. They might stay alive long enough for people to pump then dump the coin though they will not use that $40 million on the stuff they were talking about.



But SmartBillions is the way to go? LOL

Did you read this?



Quote
c. Lottery Closing
In the event of unexpected circumstances (such as Ethereum protocol
changes) which could affect the lottery and endanger the funds stored in
the Jackpot, the contract allows Admin to withdraw surplus funds from the
Jackpot remaining after settling all outstanding smart contract obligations,
such as:
- Redemption of all remaining SMART Tokens, and
- Payout of all outstanding lottery prizes.
Admin will be allowed to withdraw the surplus from the Jackpot only if
more than 50% of all SMART Tokens are redeemed. In this situation, it will
be clear that lottery security might be vulnerable and that its funds must be
secured. As a consequence, all the surplus funds will be allocated to the
Jackpot of a new, comprehensively secured and updated lottery and the
players and all relevant parties will be notified immediately and continuously
updated during the process.

This is a serious backdoor come on!
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
October 27, 2017, 11:31:49 PM
I love this electroneum scam thread.
There's actually tons of good information in it.

I'm fine with electroneum not adding anything new to crypto
I'm fine with the huge token supply
I'm fine with the bloated promises and sales pitches in their whitepaper
I'm fine with it being overhyped
I'm fine that it isn't real actual mining on your phone

I still joined in on the ICO and don't regret it.
I joined because I saw a potential to make profit by holding medium term, around 8 to 12 months.
I also joined because I believe that there is a chance for the app to go viral and bring more awareness to crypto.

I am also realistic though.  I don't expect the price of ETN to ever get to even $1 but I also don't expect it to absolutely crash, burn, and be done with like others predict.

And a scam? Sheesh, people throw that word around so easily that I wonder if anyone understands what it means anymore.  Nowadays, the word scam is a blanket word used when someone feels like they won't get what they want from a company.

LOL man. there are so many good projects. Projects just like Bitcoin that will add to the quality of life we have here on Earth. But you rather deliberately  decide to give your money to someone who will make zero innovation. Spend your money on circlejerck promotion and probably put few people in jail after ICO bubble burst.

Well everyone should do with their money as it please him so I guess you have all right.


Jail? LOL

They had 300,000 people register at the website.

Thats 10% of Bitcoins total users before the blockchain was live.

Telegram had to increase the total number of members in a group from 20,000 to 30,000 because of ETN.

ETN has the LARGEST Telegram group in the world.

Electroneum had 120,000 unique investors, which is the most in history.

Need I say more? Anyone who got them for a penny is going to be a rich man.
legendary
Activity: 2744
Merit: 1288
October 27, 2017, 07:50:37 PM
I love this electroneum scam thread.
There's actually tons of good information in it.

I'm fine with electroneum not adding anything new to crypto
I'm fine with the huge token supply
I'm fine with the bloated promises and sales pitches in their whitepaper
I'm fine with it being overhyped
I'm fine that it isn't real actual mining on your phone

I still joined in on the ICO and don't regret it.
I joined because I saw a potential to make profit by holding medium term, around 8 to 12 months.
I also joined because I believe that there is a chance for the app to go viral and bring more awareness to crypto.

I am also realistic though.  I don't expect the price of ETN to ever get to even $1 but I also don't expect it to absolutely crash, burn, and be done with like others predict.

And a scam? Sheesh, people throw that word around so easily that I wonder if anyone understands what it means anymore.  Nowadays, the word scam is a blanket word used when someone feels like they won't get what they want from a company.

LOL man. there are so many good projects. Projects just like Bitcoin that will add to the quality of life we have here on Earth. But you rather deliberately  decide to give your money to someone who will make zero innovation. Spend your money on circlejerck promotion and probably put few people in jail after ICO bubble burst.

Well everyone should do with their money as it please him so I guess you have all right.
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