Quote from: contraband on September 25, 2018, 01:35:35 AM

Quote from: invicta on September 24, 2018, 02:02:26 AM

Quote from: contraband on September 24, 2018, 01:36:39 AM

Quote from: invicta on September 23, 2018, 01:07:23 PM

Quote from: bonji77 on September 23, 2018, 01:03:21 PM

maybe people who say fraud is the one who feels the loss in this project, but some people say this is a very good project, so in my opinion this is a form of disappointment for the person who is disadvantaged from this project ... sorry if I'm wrong ...

It would be a decent project but it's spearheaded by an inexperienced yet egocentric team. Richard Ells has little credibility even outside of blockchain, and none within. It's probably not an intentional scam, but the way it's being pumped today, it has real Ponzi-like qualities.

Ponzi?

LOL

Anyway, looks like you did well, even tho this is only a tiny fraction of where ETN is going

You said you were only going in for short term. Sell already or do you expect to see more before you sell? I would go for long term, but you know what I think lol

Must be happy you invested

Yes, Ponzi. Someone has taken responsibility for pumping it, FOMO driving the price up further and then bringing it back down again - that is, the last investors will get burned and the early ones make the money.

Im going to milk it for all its worth then get out before it goes pear-shaped, as in beyond the point of no return.

Im happy I made money, Im not happy it was at the expense of my integrity doing it off the back of something I dont believe in.

It is not a tiny fraction of anything, if you think 800 BTC worth of trade will flow through ETN each day then you are gravely mistaken. Also, what is this about locked wallets, not the first time its happened either is it?

Responsible citation?

800 will be well surpassed

They upgraded and once finished, most found that when they logged out and back in they were fine

The couple people reporting they are still receiving the message, have/should create ticket, as this is not common

Enivitable with a project which has a level of centralization to it. Sometimes being a decentralized-centralized hybrid is a double edge sword.

You really shouldnt feel bad because ETN is a crypto, and like any legit crypto, it has dynamics that a ponzi doesnt have, as they are not alike in definition.

Reasonable citation? Go and follow anything in the Discord or Telegram, there is some serious dick-swinging going on with people claiming to be pouring money in to be driving the price up, this is insider trading, not that it matters and yes, you are right, it is not a 'Ponzi' in that respect but it mimics a lot of the qualities of one. When that pump finished a lot of people were left with overpriced coins at 200+ sats and yes, if you blindly believe, then 200+ sats is cheap but if you are a sceptic, you've been done. A normal increase in trade volume is under 100% for a good pump, 2600% or whatever it was is manipulation by an entity, even you can't pretend that you can't see it. Also, it's well known by now that most fanboys are sitting on bags waiting for it to moon, they are not trading. And before you say but 'people can manipulate any coin', you can surely see that when a coin has crap trade volume normally, all it took was a few million USD to swing it - the only people who can do that with BTC, XRP, ETH, etc. are mega-corporations and global banks; ETN was affected by the sounds of it by a few wealthy individuals.

I can't see how there is much element of decentralisation to this at all any more; majority of the miners are ASICs in China built by one or two companies, the wallet service and Instant Payments all flows through their servers (which are notoriously unreliable) and that doesn't mean it can't work but please show, by example, where the decentralisation is for this coin because I am struggling to see it.

I don't think I'll get through to you and honestly, that's just fine, this thing is going to implode on itself the way it's going. Everyone loves a coin when it's rising in price but when it crashes down, it's going to be a lot worse than the last time.

My wallet wasn't affected but I'm not storing the amount of coins I have in their wallet only for it to be locked by KYC or because Ells is having a bad day.