We live in an era where everything is wanted now and not 1 second later. Reading and watching I see nothing but frustrating posts on why electroneum isn’t going up. Right now we are travelling with the market, but many believe that with the excitement we should just go up. I’m no financial advisor, not in the slightest, but logically 2018 had been a very rough year for the market with empty promises that it will sky-rocket come end of year. Well it is end of year and not much more to show for it. So at this very stage why will we go up with more awareness of the space from speculation?
How do we realistically believe the market to increase when there isn’t much more use cases then at the start of the year 2018? My belief in crypto and etn is that it has to be functional or otherwise what are we truly invested in?
Think about this for a minute but have you also notice that since projects now know they need their product running to gain any sort of value? Monero and the like are now accepted in fortnight merchandise etc, api’s are being built to accept crypto. This is what we need and etn has the highest chance of all to reaching the top.
Etn is the first of many things (KYC & AML) in the crypto sphere. But if you take a closer look you will see our amazing team building the foundations.
- New exchanges
- Partnership trials
These items lay way for the future, without them we will just be like mainstream developers releasing a product and then have 50 updates in a day to fix the bugs. Yes we will see some bugs that’s just the reality of something as big as what the team are doing.
These products are all enabled to be adopted alongside mainstream options which will allow familiarity for vendors and consumers alike. After all can’t just give it to them without any other options as let’s admit…Everyone loves options.
I’ll take bitcoin for an example…it started in 2009, but look, didn’t reach $400 until 2011 and when it dropped it was considered dead. Early 2013 spiked right back up and down then end 2013 spiked to $2000 and dropped down to $300 and again was considered dead. Until the unthinkable happened and 2017 end peaked Heights unthought of. But with those spikes believe it or not there was actual progress. ATM’s popping up everywhere, blockchain development etc.
Keep this in mind as even now with btc around $4000 it also took 10 years. Now look at our amazing project that is only 1 year old and has been able to lay solid foundations. Where do you think we will be in 5 years? 2019 is going to be big but many I believe should not get their hopes as high as they have as with btc it took time.
Patience is the key, we have a great team and a great community. So if in the event it doesn’t go up to the rate you wanted all I ask is, don’t get your panties in a twist like seen before. What the team is doing will give the world an amazing future and not just your back pocket. The price will come with our usability and adoption and the value will reflect.
Have faith and patience.
Peace to you all.