Looking at the price chart of Electroneum, I will wait till the coin drop to around 210-220 satoshi to hop on again.
ETN has actually fell hard to nearly 290 satoshi, currently, but I will wait to buy at much lower price.
It will also help me to reduce potential risks for my investment.
Might not see them prices again, its fairly stable at around the 300 satoshi mark.
price electroneum greatly increased recently. and I think it may still fall. because there were no project updates. so it was just a pump.
Hello All,
Im baaaaack!!
It goes to show how GREAT THE ETN Community is and how tight we are!!
A Community Managers job is easy when the community handles concerns, questions, FUD, etc. on their own!! Which is definitely the case here.
@goldart
You are correct in that it is POSSIBLE that the price could fall back to $.005 again. However, there HAS BEEN a serious development in the vendors Instant Transaction Tech being tested/used, and the fact that a patent application has been submitted. This is one example of the progress being made behind the scenes.
So, its not just a "pump"
Still, the BIG RISE is coming in the future IMO and before then, sure, it COULD, drop between now and then.
What Id like to point out here, is that Rich has been very clear as to where ETN is headed. The plans for ETN have been discussed in his MANY Youtube interviews and those plans are moving forward.
We have heard "Mass Adoption" countless times from countless projects, but there are very few projects that have been ACTUALLY TAKING THE STEPS for this to become a REALITY as ETN has.
Some have concerns with the implementation of KYC, but this is a REQUIREMENT of ANY crypto that is serious about going MAINSTREAM!! Any project claiming to be headed towars Mass Adoption, and not requiring KYC, is full of nothing but hot air. No large corporation is going to do business with a crypto that missing the KYC requirement.
Unless someone is a day trader, the price right now, be it $.005 or even $.20 doesnt really matter.
This is a long term HODL.
It takes time for everything to be put into place, and the MANY, MANY partnerships to bring in the MILLIONS of users coming to ETN.
Already, ETN has over half of BTCs userbase and will pass BTC in total # of users fairly fast. We are STILL gaining users a faster pace than Twitter, Facebook did at this time of their history.
Most can clearly see that ETN is on this trajectory, and ask yourself what place ETN will move up to when we have the MOST USERS OF ANY CRYPTO?? Then do the math as to what the price will be at that point. I wouldnt think we will be anywhere close to the 40s, or anywhere even remotely close to $.02 a coin!!!! In my OPINION of course!!!
Remember, this project is a centralized/decentralized hybrid, and we need to look at ETNs timeframe of development in REAL TIME, as opposed to "Crypto Time"
**BIAS ALERT** I am NOT a neutral Mod or Admin, as I am the ETN Community Manager here on BCT.
Dont mistake my posts as investment advice!!
***NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE***