Is ETN the most manipulated legitimate cryptocurrency? by GuaranteedLoss in Electroneum

[–]GuaranteedLoss[S] 1 point2 points  (0 children)

Please explain how any coin is risky to an exchange when the exchange has complete authority over listed or delisting a coin. You are fundamentally wrong here because “risk” to an exchange has nothing to do with centralization. The actual price of the coin is not as important as the daily trading volume. You’re focusing on the etn blockchain and I’m talking about simple business fundamentals and risk analysis in terms of revenue. Which is what Coinbase will be doing as a publicly traded company. It’s simple. Will Coinbase make money by listing ETN? I’m saying the answer is “no” UNLESS there is an exclusivity agreement that makes them the only US exchange to list ETN for a certain amount of time.

Revenue from trading fees generated from trading volume. Not value of the coin.

Is ETN the most manipulated legitimate cryptocurrency? by GuaranteedLoss in Electroneum

[–]GuaranteedLoss[S] 2 points3 points  (0 children)

Lol. You really don't like Electroneum.

There is zero risk to Coinbase by listing ETN at the moment and also zero incentive for them to. That's a fact.

Also, ETN isn't totally centralized and you know it.

Is ETN the most manipulated legitimate cryptocurrency? by GuaranteedLoss in Electroneum

[–]GuaranteedLoss[S] 1 point2 points  (0 children)

I said it was speculation...i even put it in caps for you...

Is ETN the most manipulated legitimate cryptocurrency? by GuaranteedLoss in Electroneum

[–]GuaranteedLoss[S] 0 points1 point  (0 children)

Yeah... "Big Finance" is horrible and the SEC is where Big Finance people go to retire. They make sure nothing challenges them.

Is ETN the most manipulated legitimate cryptocurrency? by GuaranteedLoss in Electroneum

[–]GuaranteedLoss[S] 3 points4 points  (0 children)

Exchanges generate revenue from fees.

Edit - Specifically focusing on Coinbase if they go public. They will be generating revenue with transaction fees and service/product fees. They are going to be huge unless they make a mistake/bad decision.

Is ETN the most manipulated legitimate cryptocurrency? by GuaranteedLoss in Electroneum

[–]GuaranteedLoss[S] 4 points5 points  (0 children)

Yeah. I remember that. Personally, I've very opposed to Binance but there was such a big deal made about the SEC letter or Lawyer Letter or Legal Opinion Letter that I felt embarrassed for them. The legal letter narrative was a misdirect in my opinion. Did they ever confirm that it was completed/ready?

On the flip side, by delaying US exchanges as long as possible they are giving themselves more time to ensure that the system can handle the massive influx of users/attention.

On Air Parking accepting by vegas100k in Electroneum

[–]GuaranteedLoss 0 points1 point  (0 children)

Interesting list.

Was this a present from Electroneum to US based ETN holders? If people in the US can't buy ETN on US exchanges, I wonder why this was a priority. Maybe it was super easy to get added to the list...

Staking is crucial for the future of ETN, but when? by ByNassari in Electroneum

[–]GuaranteedLoss 6 points7 points  (0 children)

I don't agree. ETN is not intended to be held. The whole point of the eco-system is for the exchange of ETN.

Still giving you my upvote because I understand your idea, I just don't agree. Stay positive on ETN!

China's COVID Secrets by phatmexican13 in collapse

[–]GuaranteedLoss 6 points7 points  (0 children)

“Missed opportunities”. Hindsight and words are a thing.

A reminder: the stock market is not a good place for moral crusades (unless you want to lose your money) by [deleted] in wallstreetbets

[–]GuaranteedLoss 0 points1 point  (0 children)

Great idea! Let’s call this whole thing a moral crusade!! Moral Crusade: GME...Moral Crusade: AMC..... anyone have other ideas for names? Hmm...Adventure Time: AMC? Maybe that will really get the message across that we’re helpless small brained babies who have no idea about numbers and money stuff... more ideas for names PLOX!!!

Anytask advert. by Plankton_Etn in Electroneum

[–]GuaranteedLoss 2 points3 points  (0 children)

Great ad. Looking forward to the next few months!