Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 46. (Read 240374 times)

Any reason for today's dump ?

I parked mine and will check back for Christmas in January, maybe I get a pretty gift from my locked Electronium.

Great questions!!!

- there are always 150-175k using the mobile miner these days, the rest are not currently mining at the time



-Patent Info

Richard Ells-

"That’s right – we now have a protected patent that allows us to add bitcoin, Ethereum, monero or virtually any other cryptocurrency to our app and allow users to make instant crypto payments to any vendor who wants to have the convenience of instant check-out. This won’t be happening this year, as we want to get Electroneum (ETN) out there first into the market, but it gives us the ABILITY to provide this if the market demands it. We could therefore work with a large multinational vendor who had chosen a different cryptocurrency, but still leverage the Electroneum brand, as part of our strategy for brand dominance and growth.

There’s bound to be a ton of questions and there’s bound to be a lot of people trying to claim that this can’t happen or it doesn’t exist – but I assure you that the patent is filed (patent app. Number 1805708.3) and Dentons are confident of our claims, and we are going to deliver everything we’ve said we will. This single jurisdiction patent application protects the idea we apply for global patents.

It covers a number of other things too, that we’ve discovered by being the first people to ever handle this volume of cryptocurrency users in a hybrid app. Since we’ve found solutions for a lot of the problems, we’ve patented the techniques to give Electroneum the intellectual property rights, enabling us to protect the process, or even earn royalties from their use elsewhere.

One of the phrases we heard last year speaking to one of the large vendors we are in discussion with was “Where is your moat?”. What they meant by this is what is to stop someone else coming along and offering the same thing. What protects the Electroneum business model (other than our massive first mover advantage)? This patent is exactly what they were after. If gives them a reason to publicly endorse us as a fintech partner, because we are following the corporate path.

We are now protected. No new ICO can think “great idea” and take it, as it’s protected by global patent laws"




- Rich is a marketing genius. And look at the companies like Avon and Herbalife (Richs Clients) for example, and think on how they market their products.

Rich also pulled off an ICO that had the highest number of investors in crypto history

Can I prove hes a marketing genius? Not really I guess, but if I were to market a crypto, he would be the one Id pick, just on how many users hes been able to pick up without the first marketing campaign that dips into the ICO money having occured yet.




- going back to the ASICs was the smartest move. Sure, if the coin loses all its miners, it will die. I wouldnt worry about that. I dont see that happening. I said many months ago that I fully expect the price to dip to $.005 before it starts going back up. It takes time to build a solid team and get everything worked out with all the different partnerships, and to find, hire, and let the best PR firms in each region of the world prepare for the first real marketing push. Etc etc.

It takes time to roll out what they are trying to accomplish worldwide. During this time the market will lose some faith, but it wont take so long that we will even come close to dropping far enough that we will lose all our support. In fact, we are still gaining users due to the viral effect of the mobile miner.




-Instant Transaction Tech vaporware concern

I hate the vaporware stage myself

There is already beta testing for the Instant Transactions Tech going on within the general community. So were at beta. Past the vaporware stage




- Some friendly Observations and PERSONAL market expectations


--> I beleive BTC will hit $100,000 within 6 to 24 months
--> During this time I believe cryptos total MC will be in the Trillions
--> If these things occur, and ETN is in the Top 5, that puts ETN at $2 to $5, big IFs, but I think thats where crypto is headed.

Like they say, I dont think weve seen nothing yet!!!


And I do think ETN will be in the Top 5 when they have the most users of any crypto, enable the billions of people that are unbanked, the ETN app comes standard on hundreds of millions of phones, Instant Tranaction Tech is a success, etc

All these things are not pie in the sky dreams.

We have made progress on all these fronts. We are on pace with the patent, current already announced partnerships bringing exposure of ETN to 130 million of our partners customers (thats just the partnerships already announced so far), our partners and many of our userbase, is in the regions where many are unbanked, so market penetration is well on its way there, etc. Also, we are already halfway to passing BTC in total users.



Research and stay tuned everyone!!!






*Do not invest more than you can afford to lose and dont mistake my posts for investment advice*

*** I am not a neutral mod or admin. I am Electroneum's Community Manager and have clear bias***

    When I first read on the forum 6 mounts ago, somebody say that price will go to 300sat I could not believe. And then same person make another prediction to 50sat it looks like si-fi to me. Now I see that scenario is very likely... How coin that is soo popular and have very good dev team and great ideas come to this situation???
     It looks like somebody or some group of people (hackers) realy dont like this idea...