Post
Topic
Board Altcoin Discussion
Re: ETN - Electroneum's Crypto Firsts and #1's
by
benjaminoo
on 14/11/2017, 19:43:55 UTC
all it means is a bunch of plebs invested in small amounts.  when they can get 10-15k+ coins for $100 usd and everybody is spouting nonsense like 100x by end of the year they all imagine they are going to get rich. 

The success of any currency lies in the amount of users it has. If only one tenth of the shops in the US accepted dollars, no one would want it...

So the fact that there are thousands of small investors is definitely a good thing. More people = more "word-of-mouth" marketing = more demand = an increase in the coin value.

The fact that anyone will be able to miner a few coins per day with their smartphone will bring thousands upon thousands of new users to the platform, all looking for places to spend their ETN coins.