Electroneum - Facebook Update Analysis.
So Today Electroneum Made a facebook update. As has been clear on my posts in the past, I am long on the coin, but have nothing but contempt for the team. So I wanted to go over my feelings after this post:
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The first issue they address is about phantom coins. To be completely fair, I am sure a lot of those complaints are from scammers, or people that simply did not know how the process worked. But I do know of some people personally with 0 dollars in their balance. The team states to try again and be patient?
My concern with this is the wallets are supposed to be real tied to the blockchain wallets. So why wouldnt their balance display in the first place or be available, what kind of shenanigans the team pulling?
The Electroneum Team then goes on to talk about how the online rumors about the mobile miner being released today are false. While on face value that seems ok, I look deeper into their failures. They showed a video in October of the mobile miner "working". So what is going on Electroneum? Why 2 months later the mobile miner still isnt released?
As far as talking about unlocking 275 accounts...that number just seems low to me.
In addition to all this we still have no updates from the hackerone process, and the campaign in hackerone is still stalled with no completed items.
I am still long on the coin, but be careful...
I am confused about them but one thing that makes me believe in them is we have a face to look for Richard . I believe he would turn it around .
I am not to sure about that. Richard Ells has shown time and time again that he is incompetent. Only thing that keeps me in is the community hype.
Yeah ,even i wanted to dump it but the community is big . over 33k people on telegram , 100k on fb . Etn team just need to release some good news to maintain the hype but they are not even doing that . I hope they give us some date soon regarding mobile miner and exchanges.
The exchanges aren't opening because etn doesn't have the transactions stable yet. Once people slow down and the blockchain stabilizes it will open up new exchanges.
I hope they get on Binance . But why are they not updating us regarding this , that would calm us down . I think they can do what Bitconnect did . All the hype , i guess they can reach $1 from here . But the time they are taking is really annoying . It pains to see other coins going up 2x-5x but Etn sitting there without any movement at all . Atleast 10% increase a day would be good .
I sold my 22k from early mining cause I can make more short term. But I'm also mining back my stake at 200 coins/ day right now. The consensus is bittrex or binance would cause a raise then huge dump due to ease of access. Then a slow roll to 1 dollar.
I hope they hit an exchange soon . There are some great projects like Req , Prl which may go 4-5x before etn gets to exchange .
That's still fine I'll put $100 in each of those and make out on all of them
i am Always Confuse in Coins !!
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i am confused of bitcoin!!!
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