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Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 160. (Read 240363 times)

member
Activity: 443
Merit: 13
I just logged into my cryptopia account and saw that I have sold 300 ETN for BTC and with the amount of BTC i had there, which u all can imagine is nothing, I was able to buy 580 ETNs today Cheesy Small win, but still it's something! Cheesy I am waiting for ETN to drop a bit more and I think to invest big time into it, since I really think this project has a great potential. Having a lot of newbies holding this coin and panic selling it is just <3
sr. member
Activity: 630
Merit: 253
The problem is that we had good news from the project but the price still got even lower and lower. I know that all the market is going down but etn is going down in ranking also. This means that it is losing value more than the rest of the market.
I am one of the weak hands that sold. I`ve sold half of my ETN and plan to forget the other half in my wallet and will check the price after a year. I am starting to lose confidence in this project and there isn't someone that can tell me something that will give it back. We keep on getting the same promises from the launch but nothing to put the hands on.

Really ETN has been going down for as long as the bear run started, even though other tokens are very bearish but they usually gain some strength back and give maybe 12-15% high before going back down again,
I not sure why etn just keep crashing down without going back up for the most of it,
I too sold my etn during the first phase of crash not because my hands were weak but to solve personal issues, but now i hae scoop back my bag because i believe we are yet to see potential of etn technology, i believe in project and i hope won't be disappointed, this is long term if i can Grin
full member
Activity: 280
Merit: 106
The problem is that we had good news from the project but the price still got even lower and lower. I know that all the market is going down but etn is going down in ranking also. This means that it is losing value more than the rest of the market.
I am one of the weak hands that sold. I`ve sold half of my ETN and plan to forget the other half in my wallet and will check the price after a year. I am starting to lose confidence in this project and there isn't someone that can tell me something that will give it back. We keep on getting the same promises from the launch but nothing to put the hands on.

Way too early to judge it by price alone. If you had done that with BTC, ETH or many or the other current top 50 coins by market cap, you would have missed out on a lot of money. Many struggle at first, you can't expect it to rise without end when they have barely even started.

I wouldn't make any rash decisions while we have this bear market, but of course it is fine to play it safe if you don't have any belief in the project. Better to cash in if it's money you can't afford to lose. It's all a gamble in crypto.

With the plans they have, especially those shown in the recent document...I believe it'll take a while to implement. But if they do what they set out to achieve, this could really be something special in the next year or so. I don't judge anything by its current value though. Just it's potential.
full member
Activity: 280
Merit: 110
The problem is that we had good news from the project but the price still got even lower and lower. I know that all the market is going down but etn is going down in ranking also. This means that it is losing value more than the rest of the market.
I am one of the weak hands that sold. I`ve sold half of my ETN and plan to forget the other half in my wallet and will check the price after a year. I am starting to lose confidence in this project and there isn't someone that can tell me something that will give it back. We keep on getting the same promises from the launch but nothing to put the hands on.
member
Activity: 413
Merit: 17
Could price go any lover???

There is always hope for promising project when it have so large numbers of the people in community. This is part of the healthy when price go up and it got correction before move to next level I think it will be more high in next few days.
Yes it make sense... But price pass all time low and I wonder when this correction is going to stop...


It won't stop until BTC starts performing. It's on a downtrend and could drop a lot more over the coming days. As all alts are tied to BTC, they will all be falling in value as they have since the start of the year. The loss in value is not exclusive to ETN.

Hopefully the future will see all alts untethered from BTC. They should be tied to fiat, so they all have their own price based off their own merit, rather than just reflect BTC's success or failure.

Nobody is going to invest a great deal of money in alts while the market is still in decline, and BTC is still struggling.

I think a lot of the drop in price is as a result of the MTGox BTC assets being sold off. This is dumping hugh amounts of BTC onto the market and seriously affecting the price. Once these assets have been sold off thing should return to normal, but it will take months to recover. I'm hodling all the BTC and alts I have.

I think there are multiple factors and hence why BTC is in decline. I found the following fact relating to the sale :-

A basic analysis of the economy of Bitcoin mining reinforces the fact that the sale of 8,000 BTC would exert a negligible influence on the market: roughly 75 BTC are awarded every hour, which works out to 1,800 BTC on a daily basis, or roughly 12,600 BTC every week.
sr. member
Activity: 574
Merit: 261
Could price go any lover???

There is always hope for promising project when it have so large numbers of the people in community. This is part of the healthy when price go up and it got correction before move to next level I think it will be more high in next few days.
Yes it make sense... But price pass all time low and I wonder when this correction is going to stop...


It won't stop until BTC starts performing. It's on a downtrend and could drop a lot more over the coming days. As all alts are tied to BTC, they will all be falling in value as they have since the start of the year. The loss in value is not exclusive to ETN.

Hopefully the future will see all alts untethered from BTC. They should be tied to fiat, so they all have their own price based off their own merit, rather than just reflect BTC's success or failure.

Nobody is going to invest a great deal of money in alts while the market is still in decline, and BTC is still struggling.

I think a lot of the drop in price is as a result of the MTGox BTC assets being sold off. This is dumping hugh amounts of BTC onto the market and seriously affecting the price. Once these assets have been sold off thing should return to normal, but it will take months to recover. I'm hodling all the BTC and alts I have.
member
Activity: 413
Merit: 17
Could price go any lover???

The price will continue to drop as the demand will continue to drop and weak hands will bail.

Once there is any good news the price will bounce back!



At the current market conditions and trends, It'll be difficult for the price to make a rebounce to the good ol green days even with a really awesome news from the team. The only team that can improve the price at this point would be positive crypto market trends. When the mobile miner was officially launched earlier this month, It didn't push the price up that much. It was even as if nothing happened. The same goes to the kucoin listing.

I think you are right as I did not realise that bitcoin was down and may go down even more!  The only hope for major short term gains is if the news is that great that ETN look like a haven - one can but hope!
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
Could price go any lover???

The price will continue to drop as the demand will continue to drop and weak hands will bail.

Once there is any good news the price will bounce back!



At the current market conditions and trends, It'll be difficult for the price to make a rebounce to the good ol green days even with a really awesome news from the team. The only team that can improve the price at this point would be positive crypto market trends. When the mobile miner was officially launched earlier this month, It didn't push the price up that much. It was even as if nothing happened. The same goes to the kucoin listing.
full member
Activity: 420
Merit: 110
I've stopped using Electroneum's mobile miner. The output is nothing but a fraction compared to the input. The mobile mining product has really fall below my expectations. It was the main  selling point during the crowdsale If I remember correctly.

Ran the mobile miner for a whole week and the results are nothing to write home about despite the fact that I use a high end device.

It is more of a marketing tool and a way to bring more people into cryptocurrency. The barrier to entry is too high for the vast majority of people, most don't understand what crypto is, let alone know how to mine or make deposits from coinbase etc. It is all a massive faff and the average person is bewildered by it all. Enter an all one wallet and mining simulation that anyone can download and use on their phone, getting a bit of education along the way. It can reach a huge (mainstream) audience of people, and will definitely be improved in the near future. They have plans for NFC payments, mobile phone bill subsidisation, payment gateways and I expect a great deal more than we know about. The coins people gain in the background with next to no resources necessary, will soon have a purpose. They will amass over time and hopefully grow in value too, then people will be able to spend them on various things, pay towards mobile data, convert to fiat or from fiat to ETN on the fly...all within the app. That is their eventual goal.

They never promised a crazy number of coins from the mining, there could potentially be millions of users if it does go viral. They have not even really started the marketing yet..and they will! So the number of coins gained is actually quite reasonable when you think about it. What amounts to little value now, could be much more in the future. It does not cost you anything to have it running, not even effort, so why complain? Might as well do it and add a few coins to your larger investment, if you made one.





Looking forward to NFC payments for cryptocurrencies, especially for Electroneum as I think that would get the coin to the next level for their goal to reach the masses. I just hope when all this happens Apple will be more friendly towards crypto related apps and allow it in the store.
full member
Activity: 420
Merit: 110
The coin will continue its growth, after the general depression on kripto is over, the coin has proved very good

You drunk? This was one of the top lossers, despite pure fraud coins.

That is not quite right. Pretty much every coin lost two thirds or three quarters of its value since early January. You neglect to mention that as an ICO coin, it is still one of the most successful and it is still in profit for investors. While the vast majority of other ICO coins are well below investment price.

It's also a new project, pretty much still at the start as far as plans are concerned. You can't measure any projects success by it's value right now. As they are all tied to BTC and BTC has failed to impress since the start of the year. The value of all coins are a reflection of BTC performance. The sooner alts can be untethered from btc in the markets...the better.

If you have seen the document that Electroneum recently shared on Facebook, you'll realise that there is a lot to come, alongside marketing. They are really pushing to make ETN the standard for a real world usable cryptocurrency. They have issues and setbacks of course but show me a coin/token that doesn't?

You have to measure success right now by achievements rather than the value, they have one or the largest user bases / communities in Crypto. They have done more in terms of forging partnerships and making ETN a usable currency that pretty much any other project.

If you measure success by the price then everything has failed, you may as well just cash in your investments and find something else to put your time and money into. The market will take time to recover, and ETN is a long-term investment. Your long history or negativity towards Electroneum isn't going to help, the moaning is getting a bit tiresome.
I absolutely agree! You have to be an optimist and look forward to the future of the coin. The team has been working for less than a year and we are waiting for a lot of news.
If the dev team will be deliver what is on the roadmap - price will be recover and even rise.

I have to agree. Most people are still making a profit with this coin (even if you purchased during ICO during the no bonus stage). Of course this will be different for those who purchased post ICO. Unfortunately right now most crypto currencies are going through a red stage (I was thrilled when my portfolio was mostly green on Saturday, but that is how quickly things change here). This coin has potential.

The team shared this on Facebook on Friday (not sure if anyone else has already shared it, so my apologies if this is being repeated):
"Great video and some nice insights into the document! It’s been exciting working on this and is a great follow up to our work at mobile world congress GSMA Barcelona. Just to confirm and explain; It is the key document that explains all to current and potential partners https://www.youtube.com/watch?v=YbnpNBYenb0&feature=push-u-sub&attr_tag=BTQ59hKYtNNA04nw-6 "
full member
Activity: 459
Merit: 102
LOooOL, I just exchange 19 LTC to ETN and if is get
01 I will add 6 XMR Roll Eyes
full member
Activity: 280
Merit: 106
Could price go any lover???

There is always hope for promising project when it have so large numbers of the people in community. This is part of the healthy when price go up and it got correction before move to next level I think it will be more high in next few days.
Yes it make sense... But price pass all time low and I wonder when this correction is going to stop...


It won't stop until BTC starts performing. It's on a downtrend and could drop a lot more over the coming days. As all alts are tied to BTC, they will all be falling in value as they have since the start of the year. The loss in value is not exclusive to ETN.

Hopefully the future will see all alts untethered from BTC. They should be tied to fiat, so they all have their own price based off their own merit, rather than just reflect BTC's success or failure.

Nobody is going to invest a great deal of money in alts while the market is still in decline, and BTC is still struggling.
member
Activity: 686
Merit: 10
Could price go any lover???

The price will continue to drop as the demand will continue to drop and weak hands will bail.

Once there is any good news the price will bounce back!



That's how the market is going to be, most of the weak hand will sell their coins in the market and they will move on because they are very panic about the present situation. People who have faith in the project will start holding the coins until the price increases.
jr. member
Activity: 313
Merit: 1
Glad that i sold ETN earlier in loss now i can buy 3x more coins lol.
member
Activity: 413
Merit: 17
Could price go any lover???

The price will continue to drop as the demand will continue to drop and weak hands will bail.

Once there is any good news the price will bounce back!

newbie
Activity: 129
Merit: 0
Could price go any lover???

There is always hope for promising project when it have so large numbers of the people in community. This is part of the healthy when price go up and it got correction before move to next level I think it will be more high in next few days.
Yes it make sense... But price pass all time low and I wonder when this correction is going to stop...
legendary
Activity: 1540
Merit: 1002
Could price go any lover???

There is always hope for promising project when it have so large numbers of the people in community. This is part of the healthy when price go up and it got correction before move to next level I think it will be more high in next few days.
newbie
Activity: 129
Merit: 0
Could price go any lover???
legendary
Activity: 945
Merit: 1003
Hello guys !

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This used to come over telegram groups and now on the forum? delete it as fast as you can or you will be banned by the mod.Pathetic to see such spam over here too.
sr. member
Activity: 952
Merit: 251
The price is so good because I sell everything I have at .17 and now is .029 BUY-BUY-BUY so I sell 94140 to buy 560774 LooooL!!! I like this game  Grin

You bought back in too early!

Not really, basically my full amount was 148900 but I invested back only 94140.

I will appreciate this decision even you made nice profit and buy back at low price but this strategy not work all the time. This time you are lucky who got this opportunity to turn you tokens into 6x
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