Post
Topic
Board Altcoin Discussion
Re: Is Electroneum a SCAM???
by
h311m4n
on 10/11/2017, 21:33:54 UTC
I'm not an ICO investor. I have never thought it to be a good idea to send my coins and hope to get them back some day.

Anyway, I've read through the whitepaper since I discovered the coin a few days ago. On paper, it looks very interesting. I can see the appeal of the coin. The only thing I'm really not sure about is the mobile mining part. I mean I use my phone regularly within a day and well, the battery does end up at 30-40% most evenings. I don't see mobile mining as something viable unless you keep your phone plugged in a power source.

That said, they idea to basically use your phone as your payment method for everything and the 2 decimal thing sound pretty good to me.

Been mining it for 3 days straight now, even if the price drops, the difficulty seems to drop as well, making this coin very profitable to mine.

I do have my doubts once the token get released to the investors. Correct me if I'm wrong, but the ICO was 0.01$ per token. So even at a current 3ct, I can see the temptation for investors to dump their coins.

We'll see I guess.