Post
Topic
Board Altcoin Discussion
Re: Is Electroneum a SCAM???
by
cynical
on 11/01/2018, 17:26:10 UTC
how can you justify it as a legit crypto when its ico raised $40 mil to develop a technology that was already developed?
there is not 1 single thing ETN did that was new except ripping off opensource tech and changing its name

to me this is the definition of scam
someone made $40 mil and gave you a pile of poo

and sending out friendly emails encouraging you they are not scamming you is by no means proof of anything other than that they want you to believe they are not scamming you while ultimately delivering nothing
this is a trait 100% of scams share

the only way this is at all wrong is if ETN releases some kind of long awaited platform that actually does any of the things ETN promised it would do. and even then it would fall short cause it would be in the form of a distribution app and not a mining one which is what their claim was in the first place. so even then its a bit of truth built on a lie
sorry but i cant see how this can ever be conceived as real by someone who is not emotionally and financially invested in this .. it is such a far cry from what it was promised to be

hey at least most the ico people got their coins right?

I hold some, so I 'win' if it all takes off, but I do think it's a poorly-managed and executed shambles and all social media posts have been drumming up hype rather than technical explanations. The perma-airdrop is not 'brilliant', I don't think handing stuff out for doing next to nothing (running an app on a smartphone) is going to add value - it will bring users but what value is there if everyone has something. Do you think any Ferrari would be as desirable if it was as common as a Ford Focus?



Huh strong words above and as a hodler of electroneum since the ICO I am getting a bit skeptical.
I wanted to visit their site to refresh my thoughts on where we are supposed to be with this project and im getting "Error establishing a database connection"
anyway i have to agree somewhat with the above but should we give electroneum longer to establish what they want to achieve?
I hope it will come down to useability especially by the 100,000 facebook followers and others,
thats the bottom line really