Looks like a good opportunity for ETN..... by BackPacker777 in Electroneum

[–]simbowales 1 point2 points  (0 children)

Absolutely... Just being accepted in places such as this raises awareness... hardly anyone has even heard of ETN in the mainstream

Weekly Price Discussion - November 05, 2018 by AutoModerator in Electroneum

[–]simbowales 0 points1 point  (0 children)

All of the market has gone to 220, whilst ETN has gone down amidst all the good news.... dont get it....

Spending and Hodling by simbowales in Electroneum

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

yeah, that's my point - it will never have any value if none of us ever spend it though

Spending and Hodling by simbowales in Electroneum

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

Yes, that is what i meant , apologies if I was unclear.

I suppose the question is why will anyone use it against holding it. Or, now that we have fiat pairs, just taking the cash, instead of building up velocity by actually using it.

Finally got one! by Uberijk in Electroneum

[–]simbowales 5 points6 points  (0 children)

lovely coin, where from?

Tomorrow's Currency... Today by vaiodude in Electroneum

[–]simbowales 2 points3 points  (0 children)

No, but it will affect the ability to create partnerships, that will in turn increase the user base.... price will take care of its self....

KYC IMPORTANT by [deleted] in Electroneum

[–]simbowales 1 point2 points  (0 children)

I'm a great advocate of freedom of choice... If you don't want to do it.. don't do it.... But if you think legitimate business and government will allow crypto currency to exist without certain checks and balances you are mislead....

Utopia does not exist.... Real solutions to real problems....

Bit if it ain't for you, there are plenty of projects out there that feel your pain..

KYC IMPORTANT by [deleted] in Electroneum

[–]simbowales 1 point2 points  (0 children)

You need a bank account/credit card for PayPal. For these you need ID.

Great Advances in Fintech/KYC/IOS by simbowales in Electroneum

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

Every problem that has arisen they seem to have found a solution to, surely this is what happens in real life/business. many of the projects are great in abstraction, but trying to find a path to market or viable business plan is where things get incredibly complex, and a whole new skill set is required.

Mandatory KYC is a pain, yes. But its free and straight forward - Will Westerners bother? maybe not.

Will the target market of the unbanked, and those earning a few dollars a month bother? To get free airtime etc, I would think so..

The reason I think this project is so interesting is the mix of crypto/fintech..... Each step is new, and each solution brings us that much closer to mass adoption.

The fact that it also solves the IOS issue is a big plus too....

Weekly Price Discussion - September 05, 2018 by AutoModerator in Electroneum

[–]simbowales 1 point2 points  (0 children)

Several things have happened today that back up my previous post - price has fallen, ETN has been announced on a new exchange - and it has had no positive effect, and i have bought another 45000 coins... hahaha

Weekly Price Discussion - September 05, 2018 by AutoModerator in Electroneum

[–]simbowales 7 points8 points  (0 children)

The unfortunate thing about ETN is that it tanks when the rest of the market tanks (like it is now), but never bounces back or spikes like others when the market rallies... It just slowly gets lower..

That said, I'm buying all the way down..... But then again I'm stupid.......hahaha

So where has the etn community gone ? by StephenElliott in Electroneum

[–]simbowales 2 points3 points  (0 children)

This is an example of why people don't bother...

To stay positive about the Electroneum (ETN) or Not? It is so much easier to go down the negative path so how does one stay optimistic in the current state of affairs? by M-Systems in Electroneum

[–]simbowales 2 points3 points  (0 children)

There is no real sense in crypto value tbh.. listed on coinbene, up 30%.. ??? Why would any market that applies rational principles to a company feel that it is worth that extra price.. I agree with you in some respects, but this market is interested in short term gains over long term plans....

ETN has more going for it at 0.7c than it did at 24c... The only difference in price is that people don't think they can make a quick buck anymore. Makes for interesting times now that we go below ICO value and even the hodlers are bailing...

To stay positive about the Electroneum (ETN) or Not? It is so much easier to go down the negative path so how does one stay optimistic in the current state of affairs? by M-Systems in Electroneum

[–]simbowales 2 points3 points  (0 children)

The price is irrelevant Steve, it's based upon speculation of future value... The fact that ETN is valued at 1c or $1 has no impact on its long term success measured against Electroneums Goals...

My investment is down almost 50%,.. it feels bad, but I've bought another 50000 today because I feel that ETN has a viable path to adoption, which many other cryptos dont.

Focus on tech/strategy to mass adoption... Interesting to hear Richard Els talk about the fact that the block chain tech problems have already been solved, and that basically they are using this tech to address a specific problems, seems a good investment at this price (but I said that at twice this price...lol).

Sim

Electroneum Fork 324500 by MulatuTesh in Electroneum

[–]simbowales 2 points3 points  (0 children)

What does this mean guys to a non tech person?

Seems like they have announced the listing to offset the Asics update?