You are so wrong, mobile mining let people transfer with negative fees, as in have excess when fees is paid, when they see how it works they will buy more ETN which will drive price and get higher returns for "real" mining, so its a win win, zero fees, is important when living on 2 USD a day, i guess no one here is concerned with the goal of the coin, just to cash in when they see the moon closing in.
I get 1 etn a day on my mobile, that will be great the day it hits 5 USD
I also mine "real" and i also buy ETN. Let the weak hands cash out.
I am missing something here, how come it is the negative fees? There are no negative fees. Yes you can mine it with your mobile, but it doesn't necessary mean it will cover the transaction fees. For how long they can be able to redistribute pre-mined coins?
To be honest 5USD, with 7billion supply, how can they achieve it?