ETN Rocket to Mars FOMO Club

No, it’s okay if you like cryptokitties, nothing wrong with that. Heck you don’t have to change a litter box and when they ignore you and pretend they have better things to do than spend time letting you pet them you can shake it off easier and not get all worried about if they actually like you or are just hanging around for the free meals.

2 Likes

Hahaha I’ve never played but it does sound easier ,I spent awhile yesterday cleaning the house after our cats.

I just find the digital collectable aspect interesting and think Etn could be implemented in many like collectables or games.

1 Like

To be rather blunt, Richard doesn’t need you to feel appreciated. You own ETN coins, thats basically it. Technically none of us are even ‘investors’. Let the team get on with whatever they’re doing without having to worry about making us feel appreciated as its just an additional overhead they really probably don’t need.

3 Likes

Hey guys and gals, let’s stop talking about what the TEAM needs and doesn’t, and start talking about my needs. I need more ETN, and that is all I care about.

6 Likes

Yeah I agree with you to an extent but a positive sentiment in the community helps things along that’s all I’m saying

4 Likes

Even though I wish we had more updates or ‘news’, ETN supporters or investors have to understand that ETN is running like a proper company and business. Of course they will keep the updates coming but remember their main focus is to finish all their products to go FULLY LIVE. I think at that point, the marketing alone will surprise all of us because they know that completing the infrastructure is the most important aspect of this project.

Richard said many times, their goal is ‘Mass Market Adoption’ (HUGE user #'s). Do you not think that once we hit the 5, 10, 20 million user mark that ETN itself will spread in ways we’ve never imagined? The growth will be so huge, but more importantly it will be organic growth.

14 Likes

yes i agree you 100% but 90% percent of people supporters need some enthusiasm to stay with us that is problem which will be resolved soon i hope :heart_eyes:

3 Likes

Ive said it many times.

Some people don’t see the development or the path things are taking . They see cmc or gekko . Thats it the price.
We will not be able to get through to them . Only when the price rises then they will get it . Until then its just us lot.

Fud = price … low price more fud
High price = less fud

They still fud at btc :rofl::rofl::rofl:
Look at fud comments most will be directed at movement or news etc. All other wording for price.

:sunglasses::+1::chipmunk:

Im off to sleep

Goodnight all …

:sleeping::sleeping::sleeping::sleeping::sleeping::sleeping::sleeping:

8 Likes

@B.F.A it looks like the team have turned to plan B regarding the Xius deal and India’s stance on crypto. Ells talks about it in this interview circa 3:30

6 Likes

And Ells stated he won’t be jumping up and down until we have 10’s of millions of users. It’s good to know the vision driving him.
:bow_and_arrow::bow_and_arrow::bow_and_arrow:

6 Likes

Keep it simple. Eat more Chicken and buy more ETN.

3 Likes

I started making ETN vids. Boy is there negative sentiment out there. Best to all you good folks. :slight_smile:

10 Likes

Things i learned from demonetization:

  1. Never trust the government.
  2. Keep very little money in banks.
  3. Don’t hold too much cash , it’s gonna be worthless anyway.
  4. The stock market is a joke.
  5. True wealth is Crypto.
5 Likes

That is exactly what I said back in October, but everyone just shot me down :laughing:… What if I said that ETN will eventually go PoS? I just made a topic about that not to long ago and people just went on about “aiming for the 99%” … “South Africa” nonsense :confused:

Facebook plans to launch ‘GlobalCoin’ currency in 2020

By Szu Ping ChanBusiness reporter

  • 24 May 2019

Mark Zuckerberg speakingImage copyrightGETTY

Image captionFacebook boss Mark Zuckerberg met Bank of England governor Mark Carney

Facebook is finalising plans to launch its own crypto-currency next year.

It is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020.

The social media giant wants to start testing its crypto-currency, which has been referred to internally as GlobalCoin, by the end of this year.

Facebook is expected to outline plans in more detail this summer, and has already spoken to Bank of England governor Mark Carney.

Founder Mark Zuckerberg met Mr Carney last month to discuss the opportunities and risks involved in launching a crypto-currency.

Facebook has also sought advice on operational and regulatory issues from officials at the US Treasury.

The firm is also in talks with money transfer firms including Western Union as it looks for cheaper and faster ways for people without a bank account to send and receive money.

How will Facebook’s crypto-currency work?

Facebook wants to create a digital currency that provides affordable and secure ways of making payments, regardless of whether users have a bank account.

The social networking site, which owns WhatsApp and Instagram, is hoping to disrupt existing networks by breaking down financial barriers, competing with banks and reducing consumer costs.

Nicknamed Project Libra, Facebook’s plans for a digital currency network were first reported last December.

The project will see it join forces with banks and brokers that will enable people to change dollars and other international currencies into its digital coins.

A small group of co-founders are expected to launch the Swiss-based association in the coming weeks.

Facebook is also reportedly in talks with a number of online merchants to accept the currency as payment in return for lower transaction fees.

What is a crypto-currency?

Virtual currencies can be used to pay for things in the real world, such as a hotel room, food or even a house.

Digital tokens are held in online wallets, and can be sent anonymously between users.

Crypto-currencies run on blockchain technology. A blockchain is a ledger of blocks of information, such as transactions or agreements, that are stored across a network of computers.

This information is stored chronologically, can be viewed by a community of users, and is not usually managed by a central authority such as a bank or a government.

The concept was designed to ensure security and anonymity for users, by preventing tampering or hijacking of the network.

What are the concerns?

Facebook has come under fire in recent years over its handling of users’ personal data, and regulators are likely to examine the launch closely.

Earlier this month, the US Senate and Banking committee wrote an open letter to Mr Zuckerberg questioning how the currency will work, what consumer protection will be offered and how data will be secured.

Mark Zuckerberg speakingImage copyrightNURPHOTO

Facebook has also discussed the process of identity checks and how to reduce money laundering risks with the US Treasury.

It is believed that Facebook and its partners want to prevent wild swings in the coin’s value by pegging it to a basket of established currencies, including the US dollar, euro and Japanese yen.

Will it be second time lucky?

It’s not the first time Facebook has dabbled in digital currencies. A decade ago, it created Facebook Credits, a virtual currency that enabled people to purchase items in apps on the social networking site.

However, Facebook ended the project after less than two years after it failed to gain traction.

The company will also have to navigate a myriad of regulations in the countries it wants to launch in. India, a rumoured target for Facebook, has recently clamped down on digital currencies.

However, the biggest test is likely to be whether people will trust the social networking giant enough to start changing their cash for the digital coin.

Facebook is in the initial phase of engaging with governments, central banks and regulators, and insiders admit that launching any crypto currency network by the start of next year is ambitious.

Facebook, Western Union and the Bank of England declined to comment.

Will the Facebook crypto-currency work?

The biggest attraction of digital currencies to banks and big firms is the technology that underpins them.

Blockchain technology can help to slash the time and cost of sending money across borders by bypassing banking networks.

Lord King, the former Governor of the Bank of England, warned two decades ago that central banks could become “irrelevant” if people started to use digital currencies as pounds and pennies are used today.

Blockchain expert David Gerard said that Facebook would gain access to valuable spending data by creating its own payment system.

However, he questioned why the social media giant needed to mint its own crypto-currency to harvest that data. Instead, he said, Facebook could create a platform like PayPal, which allows users to transfer traditional currencies.

Crypto-currencies are vulnerable to fluctuations in value, which Gerard said could create a barrier to the success of Facebook’s so-called GlobalCoin.

“Normal people don’t want to deal with a currency that’s going up and down all the time,” he explained.

But Garrick Hileman, a researcher at London School of Economics, said the GlobalCoin project could be one of the most significant events in the short history of crypto-currencies.

Conservatively, he estimated that around 30 million people use crypto-currencies today. That compares to Facebook’s 2.4 billion monthly users.

1 Like

As much as I do not like facebook it could be a good quick money maker… depending on how they release it.
Ico ? Etc…

Morning…

:chipmunk::chipmunk::chipmunk:

2 Likes

They don’t need an ico. And they don’t need to make money through ot directly. I very much doubt that that is their intention

Be good if they developed an instant payment system and found somebody else had already patented it!

3 Likes

Why is South Africa “nonsense”?

1 Like

What is “PoS”…? (just text, just text)