Re: [ANN][ICO] ⚡ Electroneum ⚡ Token Sale Sept 14th Mobile Mining Crypto Coin
What if since everyone expects a dump when wallets unlock there's actually a pump?
Possible, the devs are selling the coins now, then they may buy them back at low rates.
the devs are not selling the coins. where are you guys getting this crap?
how do you know devs are not selling the coins then?
if they can lie to investers on the amount of premine coins and webside security,what can stop them to keep lying then?
where is the lie about pre-mined coins?
@dev:
1. how many coins would your team going to premine despite of 6.3 billion ICO?
2. how many coins will left to miners(cellphone,cpu,gpu etc) to mine?
3. how long the mining could proceed(years)?
the questions above only valid to dev team to answer.
DO NOT QUOTE MY POST AND ANSWER FOR THESE QUESTIONS IF YOU ARE NOT DEV OF ELECTRONEUM.
Thanks!
1. how many coins would your team going to premine despite of 6.3 billion ICO?
2. how many coins will left to miners(cellphone,cpu,gpu etc) to mine?
3. how long the mining could proceed(years)?
the questions above only valid to dev team to answer.
DO NOT QUOTE MY POST AND ANSWER FOR THESE QUESTIONS IF YOU ARE NOT DEV OF ELECTRONEUM.
Thanks!
Hi!
1. Actually the ICO is only a max of 5.98 billion as the 6 billion pre-mine for the ICO AND bounty campaign (20 million ETN).
2. There will be 15 BILLION coins left for miners [EDIT - OOOPS! I entered million instead of billion - just to keep you on your toes!]
3. It's a similar emission algorithm to bitcoin, in that the emission slows over time, with ours slowing with each block. It will be 10 years+ before needing a fork or algo change.
I'm sorry I've not been very active here - as a few others have posted I'm on Telegram nearly all the times, so it's a better place to get an answer.
Please read the Technical Whitepaper for more details on emission and mobile emission. You'll find it here:
http://electroneum.com/technical-white-paper.pdf
have a great day!
Richard
Electroneum Founder
I must be blind! please enlighten us in what you mean are the lie in that quote ?
DAMN ETN TEAM, see it for yourself then tell me what can you say. 
878ec74ff5f305ba30df3bae5f84bc59c8cb8cfbcc3df12f58dd7e646999892b
878ec74ff5f305ba30df3bae5f84bc59c8cb8cfbcc3df12f58dd7e646999892b
cant find how many coins in circulation supply. Where can i read about that?
4.4 billion coins were sold in the token sale
.6 billion estimated in referral bonuses
Plus whatever has been mined so far
These will be the coins in circulation
For transparency
12.6 were premined total
7.6 estimated will be locked away and put out slowly to mobile miners
That leaves the 5 Billion to investors and referral bonuses
CMC has said they will count only the mined coins, investor coins, and referral coins as in circulation. We will see if thats how they do it soon enough, but that is what we were told.