The price of ETN went very low in the market and what are the major problems behind because even I can understand the market is incompletely downtrend. So it will take another 2 years to reach the higher value but now it is in very low price.
Wait 2 years? This is a very long process and I think very few people can hold on to a altcoin for more than 2 years.If it's more profitable to hold Bitcoin or Ethereum for 2 years.
Well there is a big difference, ETN can ''easy'' go x10 / x20. Also nobody knows (well there are people..) when the uptrend will start. This can be 2 weeks, 2 months, 2 years.
For now its good to see that the ETN market is running on its own, what i mean to say is that the ETN team is nog pumping the coin (they can easy pump it with there budget, but they don't, that's a good sign).
Also what is happening (and the reason why i created this joenpool.tk);
There are some nicehash/big miners what are mining directly to exchanges, they are waiting till the difficulty get lower and they start mining -> dumping. People like to mine on those pools because they get a lot of time a (very small) payout.
If almost all (reall) ETN supporters will join
http://joenpool.tk, there is no way to mine directly to an exchange, you can only mine to ur own ETN address. When joenpool will get most of the blocks, the dumps get less and less everyday. This will automaticly result in an uptrend... I'm am doing my best to stop this massa dumps, but i need help from the (real) ETN supporters to make this real.
But, then everybody must move to joenpool.tk this will stop mining directly to exchanges.
@contraband, thanks for placing joenpool.tk on the first page on all other pools! I hope people will understand that mining on
http://joenpool.tk is needed at this time for help to stop the downtrend.