Well, it never went even close to 60 sats. I hope you dumped your coins because you obviously don't believe in this project.
The funny thing is that you made some nice profits writing about Electroneum didn't you?
Yes, there are problems, and there will be more in the future. It's not perfect, but it will be getting better and better. I predict you will be buying back at a higher price :)
Lol, price is still slow dropping man, I thought it would be quicker, but I made the mistake of believing the Electroneum team would be competent on their second time around. 315 sats this morning...
It may not reach the 60 sats, but its getting lower everyday as people finally access their funds. The ETN team have dropped the ball completely. Facebook, twitter, reddit, and telegram are filled with users stating:
locked accounts
still no sms
no activation e-mail
and funds on pending xfer for days
They messed up and didnt give enough transaction fees to larger orders so they arent sending. So the dump hasnt occured so quick. As people gain access to their funds it is clearing. They stated 600m in xfers only. Thats insanely small, even just for people putting into COLD STORAGE...
They then said like a few hundred ETN as total transaction fees?
Electroneum has dumped to below 50% of what it was minutes prior to the dump...was 700 now is 300...the time of writting the article it was 500...
And I have made a bunch on electroneum, i have been mining since day 1, so everything I play with today is from those Nicehash flips. It was easy money, but its simple to see the writing on the wall on this one man.
2 failed launches, that sort of ineptness is hard to overcome.