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Electroneum Cryptocurrency ICO – Legit Company or Scam?

October 13, 2017 By Josh Paiva 24 Comments

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Welcome to my Electroneum Review!

There has been a lot of buzz over this new ICO which is going public next month 1 November 2017.

In general I’ve been getting a lot of messages about electroneum, bitcoin, crypto, how it all works, how you can profit, how can you cash out..

Most people have no idea what cryptocurrency is all about or how it works.

This tells me one thing. It’s just the beginning and I truly believe 2018 is going to be an incredible year in cryptocurrency. The biggest gains are still to come, because this idea is at a “tipping point” … it’s just starting to go mainstream.

Electroneum – What’s It All Mean?

electroneum review

The company Electroneum just came across my desk a couple weeks ago.

Before we get into Electroneum specifics it’s important to understand cryptocurrency in general.

In short a lot of people are making money with it that have never made money online before.

Truthfully I just started to really understand all of it about a week ago myself.

Affiliate marketing is what puts dinner on the table but I will say one thing!!

Cryptocurrency certainly has my attention and I am very intrigued by all of it.

Another very exciting coin is TokenPay and it hasn’t even been launched yet!

Electroneum – For the Little Guy?

I’ve been ‘kinda’ looking at what people have been doing out there.

A few of my marketing friends are starting to run hard and getting crazy results.

I can understand them making $$ just because they can build huge teams.

However, I am 100% the little guy can win with cryptocurrency without building a company or sponsoring anyone.

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Electroneum – Hard To Setup?

Just a few days ago I knew basically NOTHING about cryptocurrency or bitcoin. A good friend who I know is making a lot of money with bitcoin started posting about Electroneum and how it could be the next big ICO.

Just because I trust this person I was willing to give it a hard look. For me it’s just a good learning experience.

Whether I decide to invest or not I’m always willing to learn about something new.

After going through the information it all started to make sense.

How Bitcoin started, how people made huge profits getting in early, who’s their competition, and how does Electroneum fit in.

Electroneum – Keeping It Simple

For me it was about keeping it simple. I understood there was an opportunity to buy Electroneum for $0.01 and there is a very good possibility the cryptocurrency can go up in value next month when it goes public.

It’s important to understand THIS IS NOT a get rich quick scam. It’s not guaranteed that ETN is going to increase in value. It’s also important to understand there is a process with all cryptocurrencies.

First the digital currency has to go public. ETN goes public 1 November. Then the exchanges have to accept the cryptocurrency. When this happens it can increase in value if there is a high demand. It could also take a while for this to happen as the company develops it’s technology and there are more people purchasing coins and using the actual service.

Electroneum Investment Scenario

So lets say you purchased 10,000 Electroneum coins. That would of cost you around $100 not counting the bonus.

Lets say the value of that coin goes from what you bought it at $0.01 to $1.00 you basically increased your net worth by $10,000. It’s important to understand it could take time for this to happen if it ever does at all.

Nothing is a 100% guarantee! It could go to $1.00. It’s also possible if the product is really good and the demand is very high it could go a lot higher with time.

Look at Bitcoin. Nobody predicted it would be over $6000 per coin just a few short years later.

It may all sound crazy but it happened. If you bought Bitcoin just seven years ago you were paying less than a dollar.

At one point you could purchase Bitcoin for pennies on the dollar.

Last week I checked it was worth $5490.00 per coin.

One week later it’s gone over $6000 per coin. That is a HUGE increase and there is literally no sign of stopping.

electroneum ico bitcoin

electroneum price

electroneum value vs bitcoin

Electroneum – How To Buy?

Unfortunately you cannot purchase Electroneum. They have reached the hard cap goal of $40m US dollars.

Electroneum only accepted Bitcoin or Etherium (cryptocurrencies) they did not accept USD.

During the pre-sale you could not purchase ETN with a debit or credit card.

What you had to do it set up a Coinbase account where you can purchase Bitcion or Etherium.

When you did that you had to login to Electroneum and set up the transaction.

Electroneum gave you an ewallet address. You had to go back into your Coinbase account and purchase Electroneum with Bitcoin or Etherium that you purchased.

If this is starting to make your head spin it really wasn’t that hard to do.

Here is a really good PDF that explains the process if you were able to take part but would like to know.electroneum price

Click Here To Get PDF

Electroneum – Taking Power Away

You can read about it, hear about it, see screen shots about it but until you actually go in and start setting stuff up it’s going to be hard to grasp.

But when I actually did it I was like, oh man that was pretty easy and makes a lot of sense now 🙂

What I want you to understand is Bitcoin was just the beginning. There are now hundreds maybe even over 1000 digital currencies today.

The whole idea about cryptocurrency is to take power and control away from the banks and financial institutions…and put it in the hands of you and me.

You DON’T need to understand Bitcoin or how to make money from them. That’s important to remember.

Cryptocurrency – Is It A Scam?

If you think people like Bill Gates, Amazon and Home Depot are scammers then you’ll have to decide for yourself.

Cryptocurrency is NOT a scam. I’m sure there are some scams out there so always buyer beware.

Today, famous billionaires like Richard Branson and PayPal Founder Peter Thiel are putting their money into bitcoin.

Big companies like Dish, Apple, Target, Victoria’s Secret, Whole Foods, Home Depot…CVS, Sears and Amazon actually accept bitcoin as payment just as they would Visa, PayPal, or MasterCard.

It’s become more mainstream but to most people it’s a bit strange.

Electroneum ICO – What’s Different?

I have seen many cryptocurrencies hit my email and Facebook but this is the first one I decided to invest in.

What a ride it has been so far! The response has been unlike anything I’ve ever seen!

There was just something different about it.

I like the fact there were a lot of owners and they all posted their profile on their website. They weren’t hiding and were very transparent about Electroneum and their future plans.

The Electroneum website itself is very clean and well thought out. They have a description in what they call the “White Paper” where they explain everything. Millions of dollars have been invested into the Electroneum app.

Being in business since 2002 I can usually go with my gut and this was something I felt very comfortable making an investment with Electroneum.

I’ve been critical of people promoting ICO’s on FB without any claims to back up why they are actually investing in it.

Like I said this Electroneum is the FIRST ICO I’ve invested in.

I have been keeping an eye on its development in the last 3 weeks. Let’s just say, it’s beginning to excite me.

Why am I investing with Electroneum?

  • First British Crypto Currency
  • It has its own BlockChain (open source)
  • Can be managed all from a mobile app
  • It has OVER 80,000 + community members
  • Requires zero technical ability to mine it from your mobile app.
  • Plenty of financial backing (Richard Ellis) who leads the team is valued at over $50million himself.

electroneum members

Your Next Step With ETN

You can’t buy Electroneum at this point. Don’t panic!

As soon as the blockchain goes live on 1 November 2017 ETN will be applying to a number of exchanges.

ETN is looking to get listed as quickly as possible and shouldn’t be hard with the overwhelming response we have seen in the market.

When Electroneum gets listed on one more exchange(s) then and only then will you be able to purchase ETN through existing ETN holders!

Electroneum Ltd will never sell the coins directly ever again.

The company will be emailing details and posting links to the software closer to launch date.

Mining coins through your mobile or desktop PC will also become possible.

Want more info? Click the link below. I will keep you posted on Electroneum and other trending news in the cryptocurrency world.

Click here to subscribe

Electroneum – Bottom Line

Investing is always at your own risk. I am not a financial advisor. Do not invest your cat, kids or house on this without doing research, I have researched 100’s of ICOs in the past and never invested. I am comfortable with making calculated investments with money I am not afraid to lose. Electroneum is like any other investment it is not one hundred percent money in the bank!

Thanks for reading my Electroneum Review. Remember to subscribe below for my secret tips and strategies.  

My #1 Recommendation 

Whether you’re getting some Electroneum coins or not this applies to you.

If you’re reading this post you’re probably well aware cryptocurrency is absolutely BOOMING!

Don’t put all your eggs in the same basket.

Myself and the team are constantly looking for new ways to help you profit.

After reviewing hundreds of ways to make money on the internet… this is my #1 suggestion!

Click Here To See My #1 Recommendation

This is the only system you can make money without sponsoring or selling anything.

You can’t afford not to watch this video right now 👇👇

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Here are some of the results our members are getting:

If they can do it so can YOU!

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One day in the future you will thank me 🙂

josh paiva

 

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Wishing You Only the Very Best!

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Filed Under: Cryptocurrency Tagged With: electroneum, electroneum company, electroneum ico, electroneum review, electroneum scam

Reader Interactions

Comments

  1. Alam says

    October 19, 2017 at 5:34 am

    very useful post. it help me out to understand what is electroneum. Thanx admin,pleasure to read.

    Reply
    • josh says

      October 19, 2017 at 1:46 pm

      Hi Alam thanks for the kind words and glad I could help!

      Reply
  2. Gerald Onyeriodo says

    October 20, 2017 at 9:36 am

    hey i’m wondering can i purchase some electroneum today, that’s using bitcoins?

    Reply
    • josh says

      October 20, 2017 at 12:19 pm

      The Electroneum pre token sale has ended early. Hard cap goal of $40m US raised successfully. Have to wait until Nov 1st!

      Reply
  3. Dickson says

    October 20, 2017 at 7:16 pm

    Thanks for this wonderful piece. I sent you an email. Am blessed reading it. I bought some ETN yesterday. This morning it closed. I just heard of ETN same yesterday and bought it 1hr after hearing about it

    Reply
    • josh says

      October 20, 2017 at 7:36 pm

      Hi thanks for the comment. Glad to hear you you were able to get some ETN coins!

      Reply
  4. Wanza says

    October 27, 2017 at 11:31 am

    Eargerly waiting to see what will happen after 1st November 2017,when it’s launched.

    Reply
    • josh says

      October 27, 2017 at 5:28 pm

      Yeps going to be interesting. When it hits exchanges lets see if people hold or dump if price increases a bit. Personally I’m going to hold unless long term. Different strategies for different people #hodl

      Reply
  5. Morris Family says

    October 27, 2017 at 3:58 pm

    Wow awesome review! Looks like Electroneum could be in the top ten crypto w time!

    Reply
    • josh says

      October 27, 2017 at 5:28 pm

      Cool thanks!

      Reply
  6. Jonny says

    October 29, 2017 at 2:20 pm

    Why do retards keep tagging “scam” in their shitty reviews?

    Reply
  7. Jeff says

    November 2, 2017 at 1:16 pm

    Nice review!

    ETN has been live for more than 24 hours now.

    It’s at $0.15 a coin according to ElectroneumPrice.org which far exceeded my expectations..

    I think we’re going to the moon!

    Reply
  8. Remedy says

    November 4, 2017 at 7:21 am

    So proud I got ETN electroneum coins during early stage of ico, and is now happy with my coins seing ETN on coinmarketcap.com 😀

    Reply
    • josh says

      November 10, 2017 at 8:57 pm

      Congrats I think in the long term it’s a great investment

      Reply
  9. Manggala Jatung says

    November 26, 2017 at 8:30 am

    Josh, it’s 26 Nov now, so what is your opinion about buying etn as investment for next year? Do you think the price will go up as some people predict? 10% up? 50% up? 100% up? Or just flat? If i may compare between etn and eos, which one you think is good for long term investment? Thanks

    Reply
    • josh says

      November 26, 2017 at 3:41 pm

      Hello Manggala, I can’t tell you 100% what’s going to happen with Electroneum but I do believe it’s a great coin and has HUGE potential to grow with time. I believe in the company, Richard Ells and everyone backing the company. Big things are happening. One thing I love about ETN is how it could impact third world countries and countries that have a hard time with bank access or payments. So many people are hindered from doing business because of centralized currency. If Electroneum really catches on in these hugely populated countries and it goes viral I believe this coin could go into the dollars. I think it could help a lot of people. It’s probably not going to happen right away but again I don’t know. I’m just glad I have a lot of them and I don’t intend on selling. I’m holding this coin long term and will follow the news closely.

      Reply
  10. CryptoCurrencyInvestigator says

    November 26, 2017 at 8:46 am

    Full blown scam. Delaying tactics, unresponsive support staff.

    Reply
    • josh says

      November 26, 2017 at 3:34 pm

      Usually when I get a comment like this without any supporting argument I just erase but this one time I’m going to let it slide.. Reason being so I can rip you a new one. When Electroneum started their ICO nobody expected they would be crushing everyone that came before them. When 400,000+ come into a company in a few weeks with over 100k+ paying for tokens there are a lot of moving parts. MOST IMPORTANT that the coins are SAFE after multiple bots and hackers tried to breach their website, app etc which they were not able to. Richard Ells and Electroneum decided the most important thing to do was make sure 100% that the tokens were fine. That took hiring hackerone to test their system and make sure it’s full proof.. Hackerone also works with UBER, Coinbase, The Dept of Defense and other HUGE companies. If Electroneum was a scam they could of easily said their system was breached and all the coins were gone and ran away with the $40+ MILL.. But they didn’t. They are spending money and these coins will be released early December. So I wanted to set the record straight. This company is 100% NOT A SCAM and will go live. I can’t tell you what’s going to happen when it hits the exchanges and if there will be early pump and dumps but we will see. BTW Crypto Currency Investigator if you’re so credible and educated in crypto feel free to share your website I’d love to check it out and share to everyone out there in crypto land.. I suspect you won’t be sharing anything

      Reply
  11. James Quadri says

    January 31, 2018 at 6:57 am

    Please can someone explain why electroneum is going down so low everyday? Is there still hope for electroneum to rise?

    Reply
    • josh says

      February 4, 2018 at 1:34 pm

      Hi James the entire market has been in the red for a few days now not just Electroneum. Real projects need to mature. ETN is not a pump and dump and I believe it will easily go to $1 and more (not financial advice). I am fully invested in ETN and Hodling.

      Reply
  12. James Quadri says

    January 31, 2018 at 7:01 am

    I am also surprised that there have not been activities in this group since December 2017. Is everything OK?

    Reply
    • josh says

      February 4, 2018 at 1:32 pm

      Hi James what group are you referring? There is a lot of activity in all the Electroneum groups and social media outlets.

      Reply
  13. adam365 says

    February 22, 2018 at 11:29 am

    Hi,

    Thanks for posting the article above, I have found it very useful, its been a few months since you posted it. have your thought / opinions on Electronium changed?
    Or are you still happy with what you said?

    Regards

    Reply
    • josh says

      February 22, 2018 at 5:42 pm

      Hi Adam, Electroneum is a great coin and I am hodling long term. The coin is basically 8X and most are projecting $1 plus as the coin and the company matures. Remember this is not investment advice just my personal opinion.

      Reply

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