Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CRYPTONOTE][AIRDROP]⚡️ Electronero ⚡️ ASIC Resistant Electroneum HardFork
by
Darkbane
on 24/05/2018, 17:01:26 UTC
This week Electronero core will announce supporting exchanges and trading pairs!

how will you prevent Electroneum from depressing prices of ETNX for years to come when they will control close to 7 billion coins outright with a 1:1 swap? they could sell 1 million coins a day for 20 years, how will you create enough demand to sustain that, I just don't see how this coin doesn't get destroyed quickly with that looming over its head...

(quoting one of the "selling points" of this coin in the first posting of this thread)

"""another  7  billion  is  apparently  being  held  up  to  feed  the  mobile  miner.  These  extreme  figures  represent  a  big  risk  for  users  due  to  a  large  amount  of  capital  being  controlled  by  the  ETN  team"""

P.S. side note, you doubled this very problem setting some aside YOU control for the mobile miner, plus and almost equal amount set aside for you, so you tripled the problem you use as a selling point why we should use this coin.

Different token supply so we don't agree the numbers are simply not the same at ETN they conquer 56% of the token supply at ETNX we have 6% of the total token supply. Which do you choose ?

you once again are dodging the question...

with Electroneum having 7 billion ETNX under its control, how will you stop Electroneum from selling 1 million coins a day and depressing prices of ETNX for the next 20 years? thats how long it could take to sell through 7 billion...

they have no reason to keep your copy coin, so why wouldn't they sell a constant stream of them in order to use that money to fund their own coin, you keep dodging how you plan to deal with this very big reality for investors...