The amount of things wrong with this coin endless.
From switching to ASIC resistance, then back ASIC friendly.
They have a slow coin and they want mass adoption. Nobody would use a slow coin for transactions.
An app that always has something wrong with it. Always broken and not working properly. People not getting paid the coins they're owed.
They claim the app is mining the coin when all it is doing is basically giving people a few cents worth of coins every week. It isn't mining anything. Nobody can buy anything with a few cents worth of ETN coins. What's the point of even giving them away, its just diluting the price.
A KYC process that from what I understand is very difficult to get approved for. They want people to give out their social security number when no exchange or coin I've heard of asks for that information.
A mop closet they used to promote the coin at a major mobile phone conference , which was a total joke and showed how amateurish they are when they try to promote the coin.
Claiming the coin was prepared to go mainstream last year and now we find out it isn't even close to being able to go mainstream.
ETN was saying for a long time that millions of users were using the app when we now find out its like 80 thousand. The lies with ells never stop. He will just fabricate things or just outright lie to investors.
They tried to sell a clownish gimmick phone that is a joke and nobody wanted. It's not even selling on amazon anymore because nobody wanted to buy that piece of garbage.
Now we see they're trying to promote the coin to poor south africans when they probably will never use the coin.
It's obvious what's going to happen with this coin.
If by small chance it gains mass adoption , then ells and his cronies will make money from transaction fees, while the price stays low, like 100 sats, and investors lose money.
More than likely the mass adoption never happens and ells and his cronies pull off a fake double spend attack, claiming it was hacker who did it, when it was actually them who did it. Then they take out all the ico money and run off with it while the price sinks to 1 sat. The investors again are screwed even worse this time.
Either scenario ells and his people make money and the investors make nothing. Ells is a con man and eventually the law will catch up with him and put him where he belongs, which is in jail.
AS YOU CAN SEE AT THE TOP OF THE THREAD, IN A YEAR AND A HALF, IVE ONLY DELETED 11 POSTS FROM 4 USERS TOTAL!!
I HATE deleting posts, as I only do it when someone is trying to pass off lies as of they are truth.
Some newbies dont know any better, and although this community is VERY GOOD at handling these types of things on its own, still I delete these types of posts sometimes.
Above is a PERFECT example.
Its riddled with blantant lies, but I left it and will point some of the lies out hereAn app that always has something wrong with it. Always broken and not working properly. People not getting paid the coins they're owed.
SIMPLY FALSEA KYC process that from what I understand is very difficult to get approved for. They want people to give out their social security number when no exchange or coin I've heard of asks for that information.
THIS IS NOT A LIE BUT I WANTED TO TOUCH ON THIS BREIFLY
HERE IS A RAMDOM PERSONS RESPONSE TO THIS ISSUE FROM REDDIT:
>>>>CharlieKellysKid 12 points 3 months ago
It's the only way the average person will get in. They need that sense of security that their funds are safu. If anyone uses a bank, they already comply, unless you deal with cash and black market only. It also helps that big companies with deep pockets require KYC/AML. We need big companies to accept ETN to gain traction. The path has been laid and it's blindingly obvious Electroneum is on the right path.
CharlieKellysKid IS RIGHT. WE NEED TO FOCUS ON THE BIG PICTURE. IF YOU WANT TO USE BLACK MARKET, OR STAY ANON, STICK WITH MONERO, AS EACH COIN HAS ITS OWN ATTRIBUTES THAT FIT OUR INTENTIONS AND GOALSA mop closet they used to promote the coin at a major mobile phone conference , which was a total joke and showed how amateurish they are when they try to promote the coin.
AGAIN FALSE. THEY DID NOT USE A "MOP CLOSET" LOL. WE CAN ALL WATCH THE VIDEOS, AND I THOUGHT IT MADE A GREAT STATEMENT ABOUT WHATS ITS LIKE ON THE GROUND IN AFRICA IN SOME PLACES, WHICH CONTRARY TO YOUR OPINION, WAS NOT A BAD THING WHATSOEVER!!
ETN HAS A GREAT STRATEGY AND THEY ARE LASER FOCUSED AND BUILDING EVERYTHING FROM THE GROUND UP, QUITE SUCCESSFULLY SO FAR I MIGHT ADD.
ETN'S GOAL WAS TO ATTRACT ATTENTION AT WMC, AND THEY DID SO. THE GOAL WHILE GOING INTO THE WMC WAS TO BUILD MORE RELATIONSHIPS, AND INTRODUCE ETN TO THOSE THAT DIDNT HEAR OF US YET. THE IDEA CREATING A MAKESHIFT SHOP WAS GENIUS, AND YOU WOULD BE HARD PRESSED TO FIND ANOTHER IDEA THAT WAS EVEN ON PAR WITH WHAT THEY DIDClaiming the coin was prepared to go mainstream last year and now we find out it isn't even close to being able to go mainstream.
NO ONE FROM THE ETN TEAM SAID WE WERE GOING TO ACHIEVE MASS ADOPTION LAST YEAR, BUT ALL THE GROUND WORK IS BEING DONE FOR IT TO TRULY BECOME A REALITY.
ARE YOU CONFUSING "READY FOR MAINSTREAM", AND THE COIN BECOMING ADOPTED BY THE MASSES, MAYBE??? NOT TOTALLY EVEN SURE AS TO WHAT YOURE TRYING TO GET AT HERE???ETN was saying for a long time that millions of users were using the app when we now find out its like 80 thousand. The lies with ells never stop. He will just fabricate things or just outright lie to investors.
WHEN I REACHED THIS POINT OF YOURS, IS WHEN I REALIZED THAT YOU WERENT CONFUSED, OR GENUINELY EVEN CONCERNED WITH ETN, BUT SMEARING ETN ON PURPOSE, AND CLEARLY CREATING FUD.
WE ALL KNOW THAT THE NUMBER OF REGISTERED USERS ARE IN THE MILLIONS, AND THAT HAS NOTHING TO DO WITH THE STAT YOURE QUOTING HERE, WHICH IS: THE NUMBER OF REGISTERED USERS CURRENTLY MINING IN REAL TIME
NICE TRY THO I GUESS SMHThey tried to sell a clownish gimmick phone that is a joke and nobody wanted. It's not even selling on amazon anymore because nobody wanted to buy that piece of garbage.
AGAIN FALSE. WHAT COIN DO YOU KNOW OF THAT HAS THEIR OWN MOBILE PHONE??
THE REASON THAT THEY CREATED AN ELECTRONEUM PHONE IS BECAUSE WHEN PEOPLE IN OUR TARGET MARKET SEE AN ELECTRONEUM ON THE SHELF, AND THEN SEE THE COIN, THEY AUTOMATICALLY SEE ETN A LEGIT, AND WANT TO KNOW MORE. AGAIN, YOU ARE RIPPING A GENIUS IDEA!!!! TARGETING, STRATEGY, AND EXECUTION!!!! I CANT EVEN BELIEVE YOU WENT AFTER THIS ONE LOL!!Now we see they're trying to promote the coin to poor south africans when they probably will never use the coin.
HAVE SOME RESPECT MAN. NOT ALL OF US ARE LUCKY ENOUGH TO BE BORN IN A DEVELOPED COUNTRY LIKE WE HAVE, BUT MAKE NO MISTAKE, OUR PROJECT WILL HELP THEM IN MANY, MANY, MANY WAYS. IN BUSINESS, YOU AIM TO SOLVE A PROBLEM, OR IMPROVING ON SOMETHING THAT CAN HELP THE COMMUNITY, AND ETN IS DOING BOTHIf by small chance it gains mass adoption , then ells and his cronies will make money from transaction fees, while the price stays low, like 100 sats, and investors lose money.
OH COME ON NOW MAN LOL!!
SO NOW YOU SAY EVEN WHEN WE REACH MASS ADOPTION AND ETN IS BEING ACTIVELY USED BY HUNDREDS OF MILLIONS OF PEOPLE/BILLIONS OF PEOPLE IN THE LATE STAGES OF DEVELOPMENT, THAT ONLY THE ETN TEAM WILL ENJOY THE SUCCESS OF OUR GOALS BEING MET. LIKE I SAID, JUST BLATANT LIES!!!More than likely the mass adoption never happens and ells and his cronies pull off a fake double spend attack, claiming it was hacker who did it, when it was actually them who did it. Then they take out all the ico money and run off with it while the price sinks to 1 sat. The investors again are screwed even worse this time.
OK, NOW YOURE JUST BEING SILLYEither scenario ells and his people make money and the investors make nothing. Ells is a con man and eventually the law will catch up with him and put him where he belongs, which is in jail.
AGAIN, THIS IS THE REASON I WOULD JUST USUALLY DELETE A POST LIKE THIS
RICH CREATED A WAY TO BRING THE BENEFITS OF CRYPTO TO THOSE THAT NEED IT THE MOST, AND TO SAY HES GOING TO END UP IN JAIL BY DOING SO IS NOTHING BUT A LAME ATTACK ON A LEADER THAT IS DOING A GREAT JOB AND WILL MAKE THE WORLD A BETTER PLACE WHILE MAKING THOSE THAT SUPPORTED THE PROJECT WITH THEIR HARD EARNED MONEY INSANE ROI IN PROCESS!!!!