Even tho i very much like that news i still dont get why ppl keep buying etn now. Price already at 0.107 - and im pretty sure prices are going to drop drastically on launch due to massive dumps.
They might not drop as much as you expect, lots ready to buy also
Just like with BTC if everyone is bullish you can just buy alongside the bulltrend and make money which causes an increase in price and more people jump in because of that increase. The net result is situations in crypto where something can run 100%, 1000% and still be profitable to buy. If ETN goes to $1 it's still worthwhile to buy your first ETN at $1 if it moves to $1.10, $1.50, $2.00 and beyond
I might agree to parts of that but we wont see ETN even near to be at 1$ in 2018. 21b coins are just too many for that.
If you dont believe it just go check coinmarketcap. There are 8 different coins with a supply between 5-65b. The highest pricing one is NEM with a supply of 9b coins @ 0.53$.
NEM is at 0.61$ now, so are you saying that ETN cannot do better than NEM in 2018? if so why not?
1$ or even 0.70$ would result in a marketcap of 22b/15b $. That would put ETN on #4, even infront of IOTA. Be realistic.
I am heavily invested in ETN btw but all this 1-100$ TO THE MOON WTF BBQ!1!! shittalk just does the opposite of what we need: Trust and healthy growth.
1. Believing the coin would go to $1-$2 is not like screaming moom-lambo-confirmed LOL
2. If ETN reaches a dollar that doesnt make it 20 billion marketcap, more around 5 Billion.
3. 22 Billion marketcap for ETN is totally possible within a year, so 2018.
4. Do not invest more than you could afford to lose, but there is no reason that ETN cant take the #3 spot. Zero holding it back.
BCH, IOTA, XRP, etc are great, but cant compete with our expected userbase in 2018.
QUOTE FROM THE ETN SPECULATION THREAD EARLIER TODAY
You can sell ETN at 0.11$ when the wallets are released, unless you can't act quickly enough. When you can't act quickly enough - stay away from crypto's.. This is about making money and psychology. People got scared away because it was said that it wouldn't go past 0.03$ ever. It does not really matter if you can't acces your coins - the graph already shows 0.115$ and it will remind people after the dump.
I rather have the wallets unlocked later than planned (while ETN keeps rising) instead of another hack every week which happens to many coins. And oh - this all didn't stop people buying ETN for 11 cents anyways. I know that most people on this forum expect ETN to go to 0.0001. Sorry guys it ain't gonna happen.
Smart. Great points!!
There are MANY factors to consider.
-one of the biggest Telegram Groups on the planet.
-most number of investors in an ICO, in crypto history!!!
-around 15% of Bitcoins usersbase, NOW, before full launch
-larger exchanges coming soon
-partnerships still not announced yet
80+ million war chest
-mobile mining experience that will realize VIRAL GROWTH
-Most experienced marketing team ever attached to a crypto
-Devs are marketers that specialize in online viral growth
-Dev team survived a Botnet attack -Zero loss of coins
-Many investors used previously hacked passwords -Zero loss
-Hackerone.com brings confidence in security
-many investors are new to crypto and are not looking for just 5-10x
-experienced crypto investors are not as stupid as many think, as they are not all just going to dump their coins when a project of this magnitude just released the coins
-when everyone is planning to "buy on the dump", MOST ARE STILL PLANNING TO BUY. When everyone plans to BUY on the dip, much of a dip rarely occurs. Based on what I have heard OVER and OVER this is EVERYONES PLAN. When EVERYONE plans to buy on the dip, not much of a dip will occur. This plan only works when you are one of a few with this plan. Everyone cant do it, markets just dont work this way.
-There are many out there that believe this will EASILY HIT $1-$2, and I mean 10s of thousands (See: Twitter, Youtube, Facebook, Telegram).These people will be fine with 7-8 cents. When everyone "waiting for the dip" sees this, they will quickly lose confidence that their 3-5 cent buy orders will be filled, and stop trying to save a few cents, when THOSE PEOPLE believe that $1-$2 is imminent early next year.
-a dip is likely, just not as deep as most think, with 10s of Thousands lined up to buy, the dip gets smaller and smaller with each buyer watching with their finger on the button to buy.
-Do you really think a guy like Richard Ells doesnt see this possibility coming and have a counter-strategy in place?
-yes 5 Billion coins will hit the market at once, but most wont sell at day one. Think to yourself what percentage you think will sell, and they multiply that by the percentage of their coins they will sell, and then do the math on how many buyers are there, AND THEN TAKE INTO ACCOUNT ALL THE POINTS LAID OUT ABOVE.
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I AM NOT POSTING THIS TO "PUMP THE COIN"
I AM LAYING OUT THESE POINTS TO GIVE PEOPLE ALL THE INFO OUT THERE, SO THEY CAN MAKE AN INFORMED DECISION AS TO IF THEY REALLY WANT TO SELL, AND TURN AROUND AND SET A BUY ORDER AT 5 CENTS, AND THEN GO TO BED.
sorry to hear. If you really believe in a coin don't let the price fluctuations get to you. There is definitely a huge learning curve to trading. 
