Quote from: trilade on September 23, 2018, 12:33:17 PM

Quote from: invicta on September 23, 2018, 11:46:27 AM

Quote from: trilade on September 23, 2018, 10:49:50 AM

My ETN account says:

We'll be back soon
We are currently migrating your wallet to the new instant payment system.
Please try again later.

What a joke. Suddenly 10x of the normal volume appeared for no reason whatsoever. Accounts randomly blocked with the message above so people can't sell their coins.
So the price only go upwards during the giant pump - nothing to counterbalance.

Not talking about the fact without KYC verification I won't be able to send my coins from my ETN wallet.
When I bought and mined my coins it was an anonymous crypto. Couple of months later I can't send my coins without providing personal details.

This is not a real cryptocurrency.
It's a centralised ponzi scheme.

Wasn't that done ages ago? The wallet upgrade? Can you not migrate to a paper wallet? I'll admit, this whole price spike caught me off-guard somewhat and some 'whales' are taking responsibility for it (not that an actual whale would normally brag about it).

I was reluctant to call it that but it does have a bit of a whiff of a Ponzi right now, money flows in, FOMO hype carries it beyond the money they put in, they cash out, price drops but support is above what it was, rinse and repeat - when they get bored or had their fill it's only going to go one way. And they can do this because the daily trade was so low before - you can't do this with Ripple (for example). When I submitted a buy order it was enough to bump the price 2-3 sats instanteously earlier. Then there was also the spike to 328 sats down to 170 back up to 210 all in about 15 minutes.

Thanks for bringing this to my attention, I was about to send a load of BTC over and ride it this weekend, but I'm not sure I will now. I really hope you get it sorted though - good luck.

It is good for insiders and speculators, I'm not one of them.
I'm more likely supporting cryptos for their mission and not to get easy lambo.
Good luck to you, but careful. This looks to me a bit of a Chaincoin event 2.0 Grin

Im on your side. I dont really believe in it, all the stuff Ells says are things that sound amazing and for the greater good on paper like helping the unbanked. I dont mind speculating some funds this weekend but I am concerned about the wallet locking as someone else pointed out this last time there was a pump. Im in crypto long-term and projects like this always bother me but it doesnt mean I wont look on with interest.