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Post by zerocool1974 on Nov 15, 2017 4:28:22 GMT -6
Rank: 1009... and declining...
I think we got scammed! They sold their 4 billions coins ahead of us with pricing between 0.23 and 0.11, making a huge amount of money for themselves and leaving us with nothing but promises... a great deal for them...
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Post by mrnewguy on Nov 15, 2017 5:07:10 GMT -6
Rank: 1009... and declining... I think we got scammed! They sold their 4 billions coins ahead of us with pricing between 0.23 and 0.11, making a huge amount of money for themselves and leaving us with nothing but promises... a great deal for them... Are you mental? You didnt't watch any of the new interview at ETN headquarters. Coinmarketcap is just adjusting etn value waiting for the real wallet to be relaesed |
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Post by petesnewusername on Nov 15, 2017 6:16:23 GMT -6
Yeah they really need to sell their ETN when they already have $40m in BTC/ETH....  |
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Post by zerocool1974 on Nov 15, 2017 11:02:57 GMT -6
Rank: 1009... and declining... I think we got scammed! They sold their 4 billions coins ahead of us with pricing between 0.23 and 0.11, making a huge amount of money for themselves and leaving us with nothing but promises... a great deal for them... Are you mental? You didnt't watch any of the new interview at ETN headquarters. Coinmarketcap is just adjusting etn value waiting for the real wallet to be relaesed I'm not saying they will steal our coins, but we need to see the truth, they have 4 billions coins pre-mined and sold on the very first hours of 1st Nov., they made some money, around 400 million dollars calculating by $0,11, maybe even more! Now they say there are only 5.1 billions coins in circulation supply but if you look at blockexplorer the number is 12.6 billions total. They cheated us clearly, all the smiles and funny from the ETN headquarters because os this huge money they made while we have our coins locked! Open your eyes... Yeah they really need to sell their ETN when they already have $40m in BTC/ETH.... Yes, they have 40 millions of our money locked in the wallets, but they sold their 4 billion to make a huge profit ahead, look at the most recent update on FB, they talk about 5.1b total coins but blockexplorer have 12.6b total, if you count the 4b pre-mined we still not know where are the rest... in their pockets, maybe! They are not robbers but certainly are some greedy MTFs! We all (ICO buyers and miners) have been used to help them make real money from scratch! |
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Post by petesnewusername on Nov 15, 2017 11:59:31 GMT -6
They don't have any of our money locked in wallets, the money is used for developing the brand. The only thing locked in wallets is ETN, that could be worth either nothing or billions depending on how this shapes up in the years ahead. We were allocated the ETN in exchange for that money at an agreed price of 1 cent per coin. The money is not the ETN, different thing.
Where on earth are you getting the idea that they sold coins on 1st November? The pre-mined coins are all safe in our wallets. I don't think we don't know how many coins the developers own personally but in any case the white paper states they are not allowed to sell them for 12 months. Presumably you don't believe they will stick to that?
The coins that have been sold on Cryptopia were put there by miners.
Why do you think they would want to sell at $0.11, $0.20 or $0.30? If they have confidence in their brand they will hope like the rest of us to sell much higher than that in future.
I don't understand what you mean about blockexplorer, can you provide a link?
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Post by joecat1108 on Nov 15, 2017 12:00:43 GMT -6
Intresting points to say the least zero...
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Post by joecat1108 on Nov 15, 2017 12:07:16 GMT -6
They don't have any of our money locked in wallets, the money is used for developing the brand. The only thing locked in wallets is ETN, that could be worth either nothing or billions depending on how this shapes up in the years ahead. We were allocated the ETN in exchange for that money at an agreed price of 1 cent per coin. The money is not the ETN, different thing. Where on earth are you getting the idea that they sold coins on 1st November? The pre-mined coins are all safe in our wallets. I don't think we don't know how many coins the developers own personally but in any case the white paper states they are not allowed to sell them for 12 months. Presumably you don't believe they will stick to that? The coins that have been sold on Cryptopia were put there by miners. Why do you think they would want to sell at $0.11, $0.20 or $0.30? If they have confidence in their brand they will hope like the rest of us to sell much higher than that in future. Anyway, developers I don't understand what you mean about blockexplorer, can you provide a link? One would have to be ignorant to think a tech company does not have access to premo mining equipment. These guys are most deffinatly killing it right now. And you're 100% right the coins being traded are those mined as of the first of november. Who knows what will happen when the wallets are released. My prediction, pissed off cry babies dump at .02 for a quick double up, price falls below .01, chicken "I used the poopie word"s start dumping, guys like me buy like mad, price jumps and the cycle repeats. AND YES ZERO, links please. |
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Post by petesnewusername on Nov 15, 2017 12:13:23 GMT -6
Well, if they are mining themselves (and I don't know if they are or not) it's not as if they are the only ones who can do that, the option was available to all of us from 1st November, lots of ordinary folks have been selling at $0.40 or less. So in a way why shouldn't they mine too?
If they aren't allowed to sell their pre-mined coins then does that extend to coins mined after 1st November which would also go into their personal allocation? If so then they aren't making a killing at all. Where's the evidence?
Mining didn't work out for me personally, but I'm not too interested in the techie stuff anyway. It's the marketing and markets side that interests me.
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Post by constablezero on Nov 15, 2017 13:20:52 GMT -6
They don't have any of our money locked in wallets, the money is used for developing the brand. The only thing locked in wallets is ETN, that could be worth either nothing or billions depending on how this shapes up in the years ahead. We were allocated the ETN in exchange for that money at an agreed price of 1 cent per coin. The money is not the ETN, different thing. Where on earth are you getting the idea that they sold coins on 1st November? The pre-mined coins are all safe in our wallets. I don't think we don't know how many coins the developers own personally but in any case the white paper states they are not allowed to sell them for 12 months. Presumably you don't believe they will stick to that? The coins that have been sold on Cryptopia were put there by miners. Why do you think they would want to sell at $0.11, $0.20 or $0.30? If they have confidence in their brand they will hope like the rest of us to sell much higher than that in future. Anyway, developers I don't understand what you mean about blockexplorer, can you provide a link? One would have to be ignorant to think a tech company does not have access to premo mining equipment. These guys are most deffinatly killing it right now. And you're 100% right the coins being traded are those mined as of the first of november. Who knows what will happen when the wallets are released. My prediction, pissed off cry babies dump at .02 for a quick double up, price falls below .01, chicken "I used the poopie word"s start dumping, guys like me buy like mad, price jumps and the cycle repeats. AND YES ZERO, links please. that's what I am thinking. Plus: OK, there are scamming companies out there. But would they put billions in advertisement? Don't think so. I'll just chillout, relax and HODL  |
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Post by zerocool1974 on Nov 15, 2017 16:04:08 GMT -6
AND YES ZERO, links please. Ok, let's see the facts: - Look at the blockexplorer, first page: 12.6 billion coins pre-mined on 30/10/2017; blockexplorer.electroneum.com/tx/878ec74ff5f305ba30df3bae5f84bc59c8cb8cfbcc3df12f58dd7e646999892b- Look at blockexplorer page 2380 and 2381: 4 billion ninja coins arrive from nowhere, this are not mined coins because nobody could mine that fast, the block reward is around 8k coins and there is no data (height, age, size) just bazinga and they are right there in someones wallet... not mine, yours maybe?!;  blockexplorer.electroneum.com/tx/b67a96a70c25a26b0d67cabea6fd26193a72fedf17769d0026677a7b76fff789blockexplorer.electroneum.com/tx/754b7d22006428bfe00396311b0a601057d50a04eb8bf99963d7c5a89679181bblockexplorer.electroneum.com/tx/da1b010f5f4374ef28f285a951ef8e7cde359e0371587429d1a3eff9a16c9ac4blockexplorer.electroneum.com/tx/e2f6280d44ef633a6d9a571380deeca96830dab7c1c5d1efbcdcd603d2d0e868the links may differ because the blockchain is live and growing, just look some pages behind    - Look at coinmarkcap charts, day 10/11/2017: marketcap raise from zero to 244 millions @ 0.04 each coin, do the math, someone dumped a lot of coins to raise the cap; Now... everybody can think for themselves and believe in whatever they want... let's hope for the best and be prepared for the worst! |
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Post by petesnewusername on Nov 15, 2017 18:28:42 GMT -6
A bit beyond me I'm afraid, but interested to hear any other comments.
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Post by joecat1108 on Nov 15, 2017 19:17:39 GMT -6
I don't know zero but coinranking says just over 5billion circulating, I'm not sure if that includes our wallets or not, I'd say yes with the fact that only 100s of thousands are being traded daily right now....NOONE is cheating us here.
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Post by needleandthread on Nov 16, 2017 3:17:53 GMT -6
Following all this with great interest. I've got a lot to learn so I appreciate all the comments and insights
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Post by petesnewusername on Nov 16, 2017 4:37:18 GMT -6
I don't know zero but coinranking says just over 5billion circulating, I'm not sure if that includes our wallets or not, I'd say yes with the fact that only 100s of thousands are being traded daily right now....NOONE is cheating us here. The 5 billion definitely includes our wallets which is why the coinmarketcap total was revised asthey aren't really circulating as such. It's the 12.6bn figure I don't understand the significance of. |
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Post by mrnewguy on Nov 16, 2017 5:42:01 GMT -6
Pick any ICO at random and you will see that 99% of them had a worst start than ETN. lol
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