for what reason do we effortlessly judgment ico whose deals effective is extraordinary indistinguishable to the trick? simply take a gander at its accomplishment is as of now in excess of 140K eth and 1K BTC raised. this is astonishing! what is the reason you call ico this trick?
God's sake, have you ever heard of proof-reading? So just because an ICO raises a lot of funds, 'it's not a trick'. Gonna be easy to scam you isn't it? I have an uncle in Nigeria who needs help moving some funds, maybe I can put him in touch with you?
I think its a solid project. Definitly not a scam... We'll figure it out But maybe its gonna dumb when release on exchanges because people are going to sell and secure their +50/40/30% made on the ICO price
How are they going to secure anything when it's below the ICO price now? It's been going down even when other coins and the market are going up. Blame that dumbest of all decisions to let ASICs back on the network - judging by the average ETN fanboy, they don't know what an ASIC is or why this even matters as long as they get their free ETN. Why do you think people want this coin on exchanges? So they can cash out and convert to other altcoins more easily - it's not so they can buy more. Have you seen how low the trade volume is on a daily basis? I could almost do that on my own if I really wanted to or cared enough.
Electroneum is one of the biggest shitcoins you can ever find. The only people talking nice about it are paid shills, so dont listen to them. Richard Ells have paid a ton of people to shill for this project.
The mobile miner is a joke. Their instant payment is only a guarantee that the payment have reached the blockchain but still need to be processed to finish the transaction. You have atleast 5 other crypto projects with real instant payments that take 1-5 seconds. You have atleast 3 different crypto credit cards that can do the same too.
They know shit about coding a blockchain and have done a million mistakes over the last year. Stay away from this shitcoin
It's a total joke isn't it? They copied Monero but were too stupid to even get that right so it took them two months to hard fork and in the early days they were bumbling around wondering what to do while posting pictures of merch and their offices. The fanboys just sit around going 'OMG it's gonna moon' and then all the other fanboys turn up liking their posts and tickling each others balls. You criticise or ask a question and the fanboys turn up and just cry 'fud fud' - do they even know what this acronym means... They announce instant payments and the price doesn't do anything. People wonder why the coin keeps going down? Because they keep devaluing it by just handing it out to anyone and everyone who owns a smartphone. To cap it all off, they sold out to Bitmain - sold your soul to the devil. This is not the long-game any more. The only thing they got right was the marketing and 'mass adoption' but literally forgot everything else, and the only reason they got marketing right was because that's all they knew. When this collapses I hope that egomaniac Ells gets thrown under the bus by the UK Fraud Squad because this has been a total mismanagement of everything right from day one and that alleged 'hack in November' that I bet didn't happen, I reckon they just didn't meet their deadlines and blamed 'some hacker' because I never saw anyone take responsibility for it...
Yep, if you have seem their subreddit page you just know its nothing but paid shills there. You can find youtube videos with outrageous price predictions like «ETN to $5 guaranteed».
Their community is the most toxic you can ever find, with people attacking you if you just ask a question about anything.
Electroneum blockchain was attacked earlier and a guy in the community stepped in to help, because the team doesnt know shit about coding. And believe it or not, Richard Ells sent an angry email to the guy who helped, crying over how much money he wanted for getting the blockchain up again, and it wasnt really much money at all, but Richard Ells threatened to outsource coding to a third world country becsuse they were cheaper. Haha.
Electroneum is run by a marketing company. Thats the only thing they can. So that is the reason why they have paid off shills to market for them. Coding and product development they know shit about. Which is why they have fucked up basically everything along the way.
They are hated by Monero, because they stole everything from them. Electroneum offer nothing original. They print and give away ETN like you say, to people using a mobile «miner», which is basically just an app that quickly search through your phone and finds out what processor you have, and give out ETN accordingly. The app doesnt do shit, the phone doesnt do shit, because that would wreck the battery time. Its just a freaking app running on the background doing nothing.
So why do they do it? Because its a marketing tool. Give away ETN to get more blind followers to shill to get the price up higher. And what is the result of this? More ETN on the market, and thus lower price on the existing ETN coins people have actually paid for...! LMAO!
Stay the fuck away from this scam people. Its almost up to the level of Bitconnect. Lots of shilling and ZERO product.
100% correct. At least these forums aren't moderated/censored, I don't even bother posting on Reddit any more in response or asking questions - don't need a blacklist to my name.
Richard Ells has nothing, I keep hearing about Retortal, his previous 'very successful' company being worth more than £50 million, yet there is no paperwork to support this and they're under the Small Business Relief threshold in the UK... They are marketeers, glorified salespeople and the only people they've 'sold' to are the idiots who do their bidding for nothing other than a promise of free ETN, which is becoming more worthless by the day. They are literally in a death spiral now, when the coin falls further and profitability is net neutral or less where do you think the miners will go? To any one of any other projects that aren't total BS. The worst bit is how people think by running the app they are actually 'mining' and therefore securing the blockchain. They are not and it relies on centralised servers that they can barely manage.
I can't beat on them for copying Monero too much, everyone copies/forks off each other, I can blame them for copying one of the most complex blockchains and then not understanding how or why. Reading the white paper says it was to allow for CPU and GPU mining to make it more accessible. Ok, is that why you allowed ASICs back on the network so now only Bitmain and people who gambled by buying a Cryptonote ASIC can mine it?
The Facebook, Twitter and Reddit pages are just full of people high-fiving each other and liking each others posts. I really hope when his time comes, Richard Ells has to answer for his crimes and mismanagement. If this was anything but crypto, this would have been investigated months ago and it would be clear this is just a modern day confidence trick - that said, UK has strigent laws and I don't think he will get away with this so easily.