I don’t like new currencies which are growing with a high speed in a short time. But otherwise of its price Electroneum isn’t looking as a scam. Maybe the price is pumped such kind of things everywhere now.

I think that part of the ICO's today are scamming their campaign participants, and I hope Electroneum would be an exception of this rule. I dont know exactly it is scam or not but at least i have hold mine.

Don't you think that when they are going to release the mining in the mobile app, the transactions are going to be very slow? As the smartphones are not really mining, but computers mining it will have a lot of transactions just to transfer the coins which were mined by the smartphones to the wallets... I don't know if the network will be sustainable. I hope there will be enough miners. That's why we also need console mining to have enough power to mine it?

Now it's so fashionable to talk about any developer error just like SCAM. Well, yes, there is a project of complexity, bugs, this problem with SMS. But listen, they work, they did not disappear, they did not evaporate, but work hard on mistakes and bugs. I think it is not appropriate to use the word SCAM here. Amazon is a pretty big player, think about it.

Well, after much thought and debate I decided to sell off my etn.

I was a first day ico supporter and have been positive about ETN for a long time.
It should be 100% obvious now that it is not a scam.
The business and technical problems ETN has had is not even close to being a scam.
You can call it incompetency, unpreparedness, or just part of the development process, but you definitely can't call it a scam.

For me, the reason why I decided to cash out and not hold it long term has to do with ETN vs. BTC.
Long term, I don't see etn as having any future because it has no real use.
I believe it has a bright 6 to 12 month future because I think the hype will be real and it can grow based off of that alone.
But beyond that it can not sustain itself.

On top of that, when compared to btc, I just don't see any way that it can overtake btcs inflation rate.
BTC is in a major bubble phase now.  By the time I have held on to ETN for a year, BTC will be 30k to 40k.
That means that in order to make an actual real profit, the rpice of etn would have to exceed btc's growth rate and then some.
That would mean etn would have to be at 20 to 30 cents in order to make a true profit which would make it a more valuable company than eth.

Yeah, for me, that just ain't happenin.

no, even now they are in the process of relaunching electroneum, maybe you need to get more recent news about them, i also see this is almost same as you say here but i need to test and really analyze it until now

May be Dumping start, so not finished yet.

It will last at least two more weeks. and the decline will continue gradually. airdrop & bounty not yet distributed.

no sms 36hr thank you ETN

Don't bypass. Wait for lower cost, about 0,030 - 0,020 $. Buy and Hodl for long term.

I also believe like most fellow members of this community that Electroneum isn't a scam. Their app is already on the Android and it is used for the virtual mining. ICO has everything that campaign must have and developers are providing a lot of the information about a project. They have high goals but I doubt they are achievable. On another hand, their campaign has attracted a lot of the investors which are believing in the team. Nothing is 100 percent sure but I have confidence in Electroenum and its developers.