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Topic: [POR]⚡ELECTRONEUM⚡Official Moderated Thread - page 93. (Read 240346 times)

member
Activity: 413
Merit: 17
What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.

I warned everyone just days before the fork right here that they shouldnt expect the price to rise.

The price will rise when our partnerships with companies with over 130,000,000 customers are actually exposed to Electroneum.

This is starting very soon, along with the FIRST MARKETING PUSH.

This is when you will see the price skyrocket


We are on block 307566 so please explain why you have eased on the mining....

hero member
Activity: 1232
Merit: 528
Community Manager: ETN
What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.

I warned everyone just days before the fork right here that they shouldnt expect the price to rise.

The price will rise when our partnerships with companies with over 130,000,000 customers are actually exposed to Electroneum.

This is starting very soon, along with the FIRST MARKETING PUSH.

This is when you will see the price skyrocket
member
Activity: 571
Merit: 18
And we got a new block found on nanopool, i also see the hashspeed is increased!
9 to go Cheesy
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
That is one thing that may turn some people off from ETN, is that there are some aspects that are centralized, one big example is the mobile miner.

I would also point out that ETN is a DECENTRALIZED blockchain.

The balance between the two, and getting the best of both worlds, is what I believe will one of the main factors that catapult Electroneum to cryptos first case of true mass adoption.

I get where you are coming from, but that's not how things work.

Either a project is decentralized or centralized, you can't be both in 1 project, easy as that.

And you can't split a project neither by saying the blockchain is decentralized but everything else is centralized, that's not how decentralized things work, seriously not.

To compare here an example: You can't be a non profit foundation and a profit coroporation in the same time by saying donations and volunteer work is done by the foundation part of our project and the profit making is done by the corporated part of the project. While your argument "getting the best of both worlds" holds true in theory, in practice it's just pure centralized, easy as that.

As soon as you have 1 centralized factor the others don't matter anymore.... And actually this factor is the "head", the most important factor of the whole project.

Feel free to correct me if i miss something.

Yes, you missed something lol

Kinda hard to say something cant be decentralized and have centralized aspects to it when its happening right before our eyes. So no, its not just "easy as that" sorry.

The very large majority of the miners decided/voted with their hashpower to follow the ETNs official chain just days ago. In Moneros case, this didnt happen and years back the community left the original developer of Monero by the majority mining on a chain that separated the community from the original developer.

This is an great example of decentralization.

This same decentralization is present with ETN today.

AND

We also see Richard having full control of the money raised, the mobile miner is centralized, and they have a patent on the Instant Transaction Tech.

So to say you cant have both is not true now is it?

We are witnessing it occur right here.

Its undeniable. The proof if right in front us.

This is part of the magic..

Its amazing when you think about it



** like I said, it may not be DECENTRALIZED ENOUGH FOR SOME, but there are aspects that are decentralized in the project.

Look at the spread hashpower of Bitcoin. That is a centralized part of Bitcoin that many dont like.

You can have both aspects in a project
jr. member
Activity: 154
Merit: 1
10 to go, just found a new block

Cool!  Cool  Back below 180.  I hope the diff keeps dropping!
jr. member
Activity: 154
Merit: 1
Because there is not trading, the price is the same as before the fork.  Because the blockchain has been stalled for so many days, there may be a sell-off of the coin when transactions are flowing again.  I hope not.  If the price does drop, it should go back up as things stabilize.

Edit:  Maybe the ETN team will buy some of their own coin to prevent price drop?
member
Activity: 571
Merit: 18
These blocks are taking forever to complete, i think its gonna be like 2 or 3 days more to normalize

Relax sweetheart, did u see the new 40Mh/s flowing to nanopool? Wink

Ohh yeah baby, we are getting close

10 to go, just found a new block
hero member
Activity: 1050
Merit: 604
What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.

It would have mooned had it not taken for what feels like forever now to get it working.

This is why I get annoyed at the dev team, they should be more prudent. Small coins with no ico money and little to no premine managed to fork before Monero, yet ETN devs took over a month and caused all this unneeded hassle. Electroneum needs to employ someone who understand how CN works so they can be a step ahead of the game, not 10 steps behind in my humble opinion.

why do you think fluffy pony kept calling them out?

 Grin
full member
Activity: 322
Merit: 101
What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.

It would have mooned had it not taken for what feels like forever now to get it working.

This is why I get annoyed at the dev team, they should be more prudent. Small coins with no ico money and little to no premine managed to fork before Monero, yet ETN devs took over a month and caused all this unneeded hassle. Electroneum needs to employ someone who understand how CN works so they can be a step ahead of the game, not 10 steps behind in my humble opinion.
newbie
Activity: 10
Merit: 0
These blocks are taking forever to complete, i think its gonna be like 2 or 3 days more to normalize

Relax sweetheart, did u see the new 40Mh/s flowing to nanopool? Wink

Ohh yeah baby, we are getting close
member
Activity: 571
Merit: 18
These blocks are taking forever to complete, i think its gonna be like 2 or 3 days more to normalize

Relax sweetheart, did u see the new 40Mh/s flowing to nanopool? Wink

This post made me chuckle Cheesy

Really hope it does not take a few more days. Hard watching it take so long.


Yeah well it depends on the timezone, i live in the Netherlands (what is that right now, gmt+1 ?) so i dont think i will see the explosion today, probably tomorrow morning we are there.
But yeah when it's 5th june in the morning right now there where u live, today is the day for u (almost 100% sure, as long we get that 40mh/s superduperpowerminerrig).


What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.


Well indeed, atm the price is in the basement and not up to the moon.
Why? We (miners/supporters) are doing the last blocks till we can do our reall job; mining, gettin rewarded. So from approx (however, i dont have that crystal ball to see the future) tomorrow (before the weekend) we can rise the price Cheesy
However, gambling about the price is not my thing, i don't know what the price will be or do.
But, if it's all working good for the reall miners again (like u told: we are ASIC PROOF now, no asic miners anymore!) this almost Always results in better prices on exchanges.

We will see Wink
member
Activity: 144
Merit: 10
What happen to the price? I was thinking that after the fork, the price will moon, i was wrong maybe. But thats ok, thank for updating the chain, its an ASIC resistant now.
full member
Activity: 322
Merit: 101
These blocks are taking forever to complete, i think its gonna be like 2 or 3 days more to normalize

Relax sweetheart, did u see the new 40Mh/s flowing to nanopool? Wink

This post made me chuckle Cheesy

Really hope it does not take a few more days. Hard watching it take so long.
member
Activity: 571
Merit: 18
These blocks are taking forever to complete, i think its gonna be like 2 or 3 days more to normalize

Relax sweetheart, did u see the new 40Mh/s flowing to nanopool? Wink
newbie
Activity: 10
Merit: 0
These blocks are taking forever to complete, i think its gonna be like 2 or 3 days more to normalize
full member
Activity: 322
Merit: 101
I would really prefer if Facebook wasn't the default communication method. I understand the value of being active there and I don't mind that at all. I just want the team to add a channel that is not walled off and not indexed by search engines to be used as well.

Have to agree with is. But when you consider they are aiming at mainstream you can kind of understand why. Besides you can just join the telegram new channel and get the news there I believe.
newbie
Activity: 154
Merit: 0
I would really prefer if Facebook wasn't the default communication method. I understand the value of being active there and I don't mind that at all. I just want the team to add a channel that is not walled off and not indexed by search engines to be used as well.
full member
Activity: 322
Merit: 101
I continue to HODL Smiley

Actually you have not many options in the moment other than HODL, lol, i doubt you could transfer the funds to an exchange (just kidding  Grin )

Hahaha. I will HODL until $30, because as believe in Fugazi!!!  Cheesy
newbie
Activity: 154
Merit: 0
This just goes to show how devoted the dev team is to making this coin happen in a big way.  I see a very bright future for ETN.  Privacy is the next wave for crypto, and this will have a very good change of riding it home.
newbie
Activity: 168
Merit: 0
This just goes to show how devoted the dev team is to making this coin happen in a big way.  If this was just another scam coin they would have just walked away with the profits by now.  I see a very bright future for ETN.
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