Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 140. (Read 240363 times)

The cryptocurrency is having a bull run right now but the price is not gaining its former price I don't want to say people are losing trust but they are so quiet right now, no news that can get the price to surge, I wonder what those people who predicted that it will go $5, it's a long way for that price.

This post covers most of the points I was about to write, except one more thing which I'd like to add.

I see a lot of people are saying that "shitcoin A" and "shitcoin B" have made the fork, yet how many of these other coins are different from Monero? If I was to copy-paste a coin's code in order to premine, pump and dumb I wouldn't think twice before copying any new code added to the copied coin.
But I feel ETN team is different. They're not making a Monero clone, they're making their own coin which only started from the same base as Monero. I can't know for sure but if they've made big changes to their code, maybe just copying the anti-ASIC change from Monero code will not work as-is. It's logical that they want to run tests first.

In the mean time, we can enjoy cheap ETN buying!

this man know the real problem now, i hope team see your post.

need to do fast fork before asics destroy it for long time and takes very long time to recover the price, its a simple supply and demand.
even graft, sumo, intense already fork (maybe there is problem after fork but at least asics disaster go away)

to ETN : wow, such coin! asics embrace! (no offence)

I`ve read it on telegram and on Reddit.

They are doing testing on the testnet for the upcoming fork and once they will succeed with it we will get our mm payments.
We should all understand that, unlike other projects, Electroneum has a lot more at stake and they need to be very cautious about every step.
But once the fork will happen the price will boom and maybe we will be listed on hitbtc.

The business of the team, how, when and what news to report, but there is the usual psychology of people, ordinary investors and you can not torment people by the lack of good news.

It is important to understand that ETN is a real company so it will behave differently from most of the coins we have seen in past.

Hence, every issue will be communicated in a very different way.

My interpretation of the ASIC issue, is that they are working on a fix but their new developers are still ramping up.  Development takes time and there development/testing timeline will take longer at the moment.  The point being is they know when the fix will be ready to launch but this is longer than most be people will desire.  For example, a company may look bad if it announces that a fix is being worked on and it will be implemented in 4 weeks. So what they tend to do is wait 2 weeks to announce that a fix is coming in 2 weeks.  Different ratios can be applied dependent of issue size, complexity and impact.

It has to be said that ETN's communication strategy and execution is inconsistent across bitcointalk, Reddit and Facebook.  However, based on the age and size of the company this sort of behaviour is not unexpected as they want to prove them selves. They also have to balance good news, bad news and transparency to give the right impression.

It is quite clear, and understandably based on the comments on this channel, that ETN will not directly engage in small talk.  Once ETN grows I am sure the current/new community manager will get more involved but they have enough on their plate at the moment.

ETN has just started it's journey so appreciate the steep learning curve they are climbing as a real company!




 

I am sorry but we don't need phylosophy and zen. We need answers regarding particular problems. Real answers.

Yes, every person who is supporting the ETN project will always wait for new updates from the company and it will help us to understand what is exactly happening in the background. I hear from few people about the fork they want to conduct but this not the exact news we are waiting for.

Everything will be fine.

How many ETN are bought a day to stay where we are right now?

Legit concerns sure, but trust you should have no worries.

I wouldnt let that nothing is happening right this second scare you away, as many are doubling and tripling down right now.

Lets not lose sight of our vision

"....but If if this is this, then how can we look at any of that?"

Any real look at what we have still signals buy. ETN is so undervalued right now its insane.

This has always been a long play. It has nothing to do with "cant"

The most disorganized team ever but the coin is again! my favorite one.

this guy is right... every shitcoin did the fork but electroneum can't.... and to say "there are million things to do" in just stupid as electroneum has no other product... the coin itself is the product so it has to be working perfectly fine but it doesnt....

Out of the top 100. No fudder here, but that is a colossal fall from top 40. Needs to go back in or this will lose attention so fast it'll become whatcoin?

With all respect to you since you seem a nice person and you try to make things clear, it seems ETN team does not know to prioritise things.

What is happening now: ppl get free coins via air drop mobile fake mining and real mining is screwed by ASICS.
How was that important the mobile thing vs algo change?

Note that turtle (trtl) forked. Turtle, a coin that is not even on coinmarketcap yet. If the were able to do it some may assume a well known coin like ETN should be able to do it.

I understand that long term thing but sometimes there are issues you have to be ready do deal with it on short term.

To prioritise things means to know what is most important to be solved when there's a million things to do.

Regards,

The facebook updates are always posted here if they have important news or a change.

Usually, the community will re-post the Facebook updates here, or I will post them.

Like I said tye community will usually beat me to it, which is great.

So all updates are here from the devs.

ETN has great community. This makes my job easier.

Once and awhile I have to deal with someone misleading the community intentionally or unintentionally, but thats pretty much it.

To me, this indicates a stong community here and a sucessful topic.

They have hired blockchain experts that have more tech expertise than me, and I imagine that is true for most in this thread.

Everything is based on the longterm plans for the coin.

There are a million things to do. They are on it.

I just recently heard about it being GPU resistance to mine this coin when it was built on exposure this way.
It is bad for the coin if they do go this route as it is what its name a recognizable one in the first place.

Hi! Where did you find these news? Has there been an official announcement? Was checking their FB page and found nothing regarding that, or a recent email. I remember they addressed the ASICs issue in their last email,  but there was no specific date (only that they would have "ASIC resistance in place before they become a potential problem").

Actually, what I always appreciated was their constant communication (which was mainly done through their social media channels - FB, Twitter - not so much here in the forum, took me a while to get used to that). However, they haven't posted anything since April 13th, so I am hoping a big announcement comes soon.

The electroneum team announced that they are currently testing the upcoming fork and in the near future they will do it. Sometimes next week.
Next week will be an eventful one because they are making another big announcement, the fork meaning that we will see some interesting price movement.

It is depressing for every CPU and GPU miner, not just for hobby miner (like me).

Let's not forget Monero (and then cryptonight coins) purpose was to be easy minable with CPU, besides the privacy thing.

I don't think Electroneum will die, it will continue to survive but for the 'hobby' miner with just one rig it's a bit depressing to see that they are paying more to mine than they get in returns so they will move on to some other coin that, at least, they will break even on.