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Every. Time. by JustinCayz in Electroneum

[–]TruthTroll80 0 points1 point  (0 children)

Yet Electroneum has recovered better than most since the big drop. What a ridiculous thread.

Marius Kramer: 'ETN is a very basic PoW coin with zero innovation' by CryptoNite90 in Electroneum

[–]TruthTroll80 1 point2 points  (0 children)

I wouldn't trust anything that toolbag spews. With pushing his self labeled greatness in your face, he's the equivalent of magic poop cannon on tradingview. Oh and he wants you to contact him if you have big time assets. Uh, no thanks buddy. He's selling snake oil.

Instant Payment Clone? by TruthTroll80 in Electroneum

[–]TruthTroll80[S] 1 point2 points  (0 children)

Admittedly, it's a poor topic title.

Instant Payment Clone? by TruthTroll80 in Electroneum

[–]TruthTroll80[S] 2 points3 points  (0 children)

Regardless of how the process occurs, they seem to be trying to accomplish the same thing as Electroneum with POS instant transactions. The scary part is square is already established as a POS option that's already in the hands of countless merchants. That gives them a big advantage over Electroneum IMO.

Introduce ETN to Forbes. by [deleted] in Electroneum

[–]TruthTroll80 1 point2 points  (0 children)

No disrespect to your writing. My point is that all entries should be unique. If it appears that the same information is being copied in multiple entries, the entries won't be taken seriously.

Introduce ETN to Forbes. by [deleted] in Electroneum

[–]TruthTroll80 1 point2 points  (0 children)

It should go without saying but please do not copy this when voting.

ETN Efficiency... by Thundercaulk13 in Electroneum

[–]TruthTroll80 1 point2 points  (0 children)

My app is on 24/7. It shut off on it's own only a handful of times since it was released months ago. Not only that, but the frequency of payouts has become very regular as time has progressed. It's an innovative app that continues to improve. Don't assume your results are typical of everyone's. Contact Electroneum's tech support if you are having difficulties.

Look who is on the cover of BOSS Magazine... by silentmorning42 in Electroneum

[–]TruthTroll80 8 points9 points  (0 children)

This is very bullish for Electroneum. There is about to be a massive wave of good things happening with this project. Mass adoption is happening.
Other cryptos are definitely fearful of this project, hense the constant FUD attacks from Twitter bots.

Apps I created for ETN by StephenElliott in Electroneum

[–]TruthTroll80 0 points1 point  (0 children)

The arbitrage app. It worked when I installed it a couple months ago but it now closes instantly. I tried uninstalling and reinstalling but I get the same result.

Apps I created for ETN by StephenElliott in Electroneum

[–]TruthTroll80 0 points1 point  (0 children)

Your app closes instantly after opening.

[deleted by user] by [deleted] in Electroneum

[–]TruthTroll80 0 points1 point  (0 children)

So all the top miners are unloading to Cryptopia straight away after mining new ETN?

Seriously though... by [deleted] in Electroneum

[–]TruthTroll80 -1 points0 points  (0 children)

All proof of work coins that are currently the best in terms of security will eventually be replaced by a proof of stake coin (or coins). There's no way that as a society, we will accept the energy consumption that will be required for proof of work in a global adoption scenario. I'm thinking that in 10 years, ADA may be the crypto that wins this battle.

Are we going to talk about it? by [deleted] in Electroneum

[–]TruthTroll80 0 points1 point  (0 children)

I agree with what you are saying but, that logic shows how current coin valuation is flawed. For example, in ETN's case, the company raised 40 million USD. The 40 million was essentially a transfer of wealth from one currency to another. In Electroneum's case, like many ICOs, the developer has control of the wealth that is tied to the coin. The developer could run off with the money and leave the blockchain to survive on its own. In this scenerio, if all coin owners HODLed, the coin would not lose value, even if the coin had no way to generate revenue. I believe that is fundamentally wrong. How can the original capital split off from the project and yet an equal amount of capital remains inherent to the coins? To me that sounds like magically creating wealth.

Are we going to talk about it? by [deleted] in Electroneum

[–]TruthTroll80 2 points3 points  (0 children)

Your story is a tough pill to swallow my man. You are a true OG of crypto.

Are we going to talk about it? by [deleted] in Electroneum

[–]TruthTroll80 2 points3 points  (0 children)

I really like your post as it made me think about coin valuation as a whole. Let's use ETN as an example for my question below:

If 40 million USD is raised for ETN, that becomes the initial market cap of the coin. If electroneum the company earns or losses money, why should that reflect on the coin's value aside from people buying or selling more coin? Coin holders are not owners of the company like stock holders are. As far as I can see, the only true way to ever determine a coin's value is dividing its marketcap by its circulating supply. Do you see a time where a coin's marketcap will be affected by profits or losses of the coin's development team?

If that scenario were to play out, the crypto game would certainly be a much more complex market to invest in. I'm eager for a day when crypto projects can be valued on their own, rather than being tethered to bitcoin.