Yes but at the time I discovered it it was not so famous, don't know how it evolved since then but its price didn't change a lot, I still trust it; you know if it's already possible to trade SBD for ETN on some site ? I would prefer doing this but every single site seems to be greedy for either bitcoin or ethereum
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Look, this came just now at Electroneum Telegram:
Jay Jay 🔥 •Core, [28.01.18 23:21]
COMMUNITY ALERT
Following our concerns about misinformation being pushed out across many chat rooms, it clearly seems that we are now being targeted for a forced price reduction.
We understand that the updates we posted on Sunday evening have made a more marked impact than we expected. The travesty is that growing unrest is largely being driven by a number of people who missed our ICO and now, seeing the popularity of ETN, want to buy in cheap, without any of the true belief we all have, and certainly no sense of ethical practise, they only see the potential for our coin to make themselves a quick buck. This destructive transaction strategy is aimed at driving the ETN price down, so they can buy in cheap and then flip their strategy to push a sharp rise, allowing them to selfishly play the margins to their own benefit.
These miscreants tend to spread fear, uncertainty or doubt (FUD), which prompts others to lose faith and prematurely sell coins at low prices.
They are attempting to discredit our statements, publishing misrepresented quotes and questioning our good faith and solid protocols. Examples of these completely fabricated claims include:
»Electroneum is an MLM/Ponzi Scheme - NOT TRUE!!
»Electroneum will never be listed on major exchanges - NOT TRUE!!
»The Electroneum team is keeping ETN on one exchange on purpose to manipulate the price - NOT TRUE!!
These accusations, and any other statements casting doubt on our progress and pipeline, are all COMPLETELY UNFOUNDED. They are LIES BEING SPREAD TO DAMAGE OUR STATUS and open the opportunity for deceitful individuals to use us.
All the info we share with you is absolutely 100% genuine, and we hope that, by making you aware of what is going on, you will manage to avoid any of the FUD, and that you'll maintain your belief and support for our vision.
Well no wonder it's gone down, look at that haha :D
https://coinmarketcap.com/currencies/electroneum/#charts
That's mainly why I'm gonna buy it right now, but really, as for what they just posted, I understand their behavior, their concern, I would be the 1st person who would be pissed off if I worked there, but you have to accept this is unfortunately part of the game as well, I've seen worse that that, but we can't complain cause this comes from the main asset of this new world which is the fact there are no regulations. You just have to know which information is true or false (Bitconnect Ponzi schemes for example were right) and always try to be a few miles ahead of that type of news, or even ahead of the whole news.
I don't think there can be regulation against that kind of thing cause it's just too complicated to implement. As for me, I've always believed in them, I just lacked information to know where to trade it with SBD. If this is not possible I'm gonna do it with something else like ETH or Bitcoin. Thanks for these news anyway.
You know, if the daily volume is growing $6,981,940 USD, but the price is going down, there are usually some pump and dump groups...
ETN will be fine. Glad my article proved useful to you and I will chat more with you soon :-)
yes pump and dump is something very close to Ponzi, people holding and quitting all of a sudden just for fuck sake, really annoying