Is Electroneum a SCAM??? - page 76. | Bitcointalksearch.org

CarlJohnson89

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https://triaconta.com/?ref=COMBI-154794

Quote from: metallicelmo on October 14, 2017, 04:32:19 AM

So can anyone clear something up for me?
When I first read about Electroneum I followed some blogs and forums and eventually found a chat where someone said that the mobile mining is not actually mining (adding blocks to the network etc) because real mobile mining would be way to intense on a mobile phone, draining your battery real quick. It's more like a simulation making it look like you are actually mining. Also a mobile processor is so weak it would take such a long time to actually mine something. Charging your phone might be more expensive compared to the energy your phone uses to mine a coin. I found some reviews including this one that also says the mining thing "might" not actually be mining and that this was just a way to gain massive attention for the ICO . https://www.youtube.com/watch?v=yHPPt0LKFH8

can anyone prove me wrong?

Just as you said the phones won't really mine but give a "mining experience" in which users gain some coins by running the app or playing a game. This is mainly to attract new users and attention to the coin. They want to get a viral app going for non crypto savvy people. I think this might work, as long as these people can actually spend the coins somewhere (micros transaction in games or something) this will give the coins value and increase the price on exchanges.

Nick7815

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electroneum is definitely NOT a scam. It's founded by an interesting team that is pretty good if it's about marketing. I think this marketing-expertice might lead to a pretty good really because they know how to get people's attention. You can have the best product in the world but when people don't know it then they can't buy it but the team behind electroneum know's how to get attention so it will succeed in my opinion

metallicelmo

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So can anyone clear something up for me?
When I first read about Electroneum I followed some blogs and forums and eventually found a chat where someone said that the mobile mining is not actually mining (adding blocks to the network etc) because real mobile mining would be way to intense on a mobile phone, draining your battery real quick. It's more like a simulation making it look like you are actually mining. Also a mobile processor is so weak it would take such a long time to actually mine something. Charging your phone might be more expensive compared to the energy your phone uses to mine a coin. I found some reviews including this one that also says the mining thing "might" not actually be mining and that this was just a way to gain massive attention for the ICO . https://www.youtube.com/watch?v=yHPPt0LKFH8

can anyone prove me wrong?

mharz

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Activity: 336

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Electroneum was a successful project so I never think that this is a scam, definitely more investors are enjoying to invest in this activity due to good performance in crypto currency industry. Moreover it is a good opportunity to all capitalist people, because I know that this time developers of this project are still improved electroneum to attract more shareowner for the for the successful of this project.

MrDibbley

newbie

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electroneum seems to also be the only ICO that is registered in the UK and is run from the UK, instead or these UK LTD Asia based ico scams, just my thoughts

shinratensei_

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Leading Crypto Sports Betting & Casino Platform

Quote from: duyduc256 on October 13, 2017, 08:39:44 AM

You have proof to confirm this. I do not think electroneum is scam because they have very good community and have a lot of pumps in this market. They have clear development path and will definitely have product to work in the future

I've read the latest news about electroneum to this day about harry reddknap already buy some electroneum token in the ico sale. I can't call this one as a scam because (i don't know if this was true or not) Harry buy some electroneum token with its amount. And electroneum twitter said that not pay harry to endorse for the electroneum project.

But some suspicious things must be verified by the developer.
But this looks good in my opinion and not included in the scam. I may think some people are misunderstanding about this.

nira09

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I think this problem does not need to continue because the reporting electroneum scam has admitted misunderstanding.
and many have explained that this electroneum is really a good project.
I was wearing a signature electroneum. because I'm sure electroneum will be a huge success

duyduc256

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You have proof to confirm this. I do not think electroneum is scam because they have very good community and have a lot of pumps in this market. They have clear development path and will definitely have product to work in the future

joepino2k1

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I don't think it's a scam but proper due diligence is always good no matter who is behind the project. Food for thought.

davey76

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Well, if you buy now below 1 cent and it hits the exchanges, I would not be surprised it will hit 10 cent within no time. That means more than 10 times my investment

Well, let's dream: it gets to $1 in one year .... 100 times our money

ggnorevthx

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Proof-of-Asset Protocol

I don't think it will be one of those $300 per piece tokens but bellow ICO? Nah, I think it will be above ICO price in a significant way.

davey76

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Quote from: jlp on October 12, 2017, 08:51:25 PM

Read:

3 Kinds of ICOs - Protect Yourself
https://bitcointalksearch.org/topic/3-kinds-of-icos-protect-yourself-2243157

There is a small write up on Electroneum on page 3.

Thanks for the small write up, great thread!
Would you be so kind to give us more of your thoughts?

davey76

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Quote from: davey76 on October 12, 2017, 02:49:28 PM

Check it out for yourself: www.electroneum.com

I don't believe it will turn out to be a scam.

The best thing is that the coin will be mineable on your phone! My (old) phones will be mining from 1 november Cheesy

Right now over 70,000 people believe it is not a scam ....

I think the app with the mining thing will give the token an upgoing value. Adoption will be high and I hope the gaming industry will partner up as the Electroneum team tries to achieve.

jlp

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Activity: 266

Merit: 264

Read:

3 Kinds of ICOs - Protect Yourself
https://bitcointalksearch.org/topic/3-kinds-of-icos-protect-yourself-2243157

There is a small write up on Electroneum on page 3.

kotajikikox

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electroneum are not scam look at the succeed of electroneum preICO presale huge of benefits before you can acuse about eletroneum read and study the capality of this project and have a potential to grow in the marketcap.

amandaETG

copper member

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I heard about this coin it will be on Yobit very soon

Lontonbit

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Anyone look at hashrush? Seems way better than this ico

hot

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Electroneum is not a scam, so far it is good. There are many questions that still arise and should be challenged. Such as hard statistics whether their plain is logical and will be adopted. Another good project I would def look at is DETHER, they are breaking the barriers for mass adoption of Ethereum. This project is a win for sure! Def follow them on twitter and don't miss out on the ICO.

davey76

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Quote from: davey76 on October 10, 2017, 05:09:09 AM

Quote from: davey76 on October 06, 2017, 05:14:55 AM

This is the first ICO I really really believe in.
I'm an investor.
And I am not the only one, the numbers as of now:

40,169 registered investors
Raised: BTC 1032 + ETH 13337

Check it out for yourself: www.electroneum.com

I don't believe it will turn out to be a scam.

The best thing is that the coin will be mineable on your phone! My (old) phones will be mining from 1 november Cheesy

Wow, it's getting fast! New numbers: 54,277 registered, 1264.45719738 BTC and 15435.13709521 ETH raised!

I checked out the tech paper and the "mining" is a mining experience. That means, everyone that runs the miner on their phones as a background process will get Elecotroneum from now and then. It will not be power consuming. The Windows/Linux/Mac version of the miner do use the CPU for mining. It is not proditable to mine with a GPU. That way ordinary people like you and me can mine at our home/office. I think that will be success factor of this project. They are also busy working with huge gaming companies to use Electroneum as in-game money.

Right now over 70,000 people believe it is not a scam ....

dumplingsandsushi

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As everyone has said, this is definitely not a scam.
More importantly, this isn't a project that is good for short term gains.
It's currently sitting at around 1.7billion ETN with still two more weeks to go.
This means there will most likely be a massive dump right when it hits the exchanges.
If you got in at the very beginning for 50% bonus, 1 ETN cost you about .006, so you might be able to get some profit.

What makes this project worthwhile is their focus on viral marketing and mass adoption, which I honestly think they are well equipped to do.
The value of ETN will rise the more the app gets used and people mine it on their phones.
So I'm thinking an 8 month to a year long hold will bring huge returns.

Of course, I'm biased since I invested, and here is a referal code if you want to get in on the ICO. BTC is high now so you can still get a good price if you purchase in BTC. You will get an extra 1% for using the code and to be open about it, I get an extra 5%.

Referral Code: FC5E94

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