Electroneum: Comments/Questions Corner Vol.2

Hey, you all, welcome back to the channel. And guys, today we're going to take some of your comments and questions in our comments and questions corner section. This is where I try to give you all guys the same respect you've given me and participation. And I want to thank you all for your input, your comments, and your participation. And I want to respond to some of the things you're saying out there in the community. So as we can see here, guys, we have been blessed with Mr. Naga Tribe commenting on our page, and one of his comments is Electronium will be the boss coin. So that sounds very exciting. So what, what does it mean to be the boss coin? Is the— does the Boss Coin mean the coin, the number one coin, or does he just mean like the top 10? So I'm gonna have to ask Mr. Nagatrike what exactly does it mean to be the Boss Coin. But if it means being bigger than Bitcoin, well, hey, that sounds pretty reasonable. Bitcoin's market capitalization right now is under $200 billion. That's very small. I could see Electronium at some stage being that. So I think that's a very good— that's a very good comment to make. Let's see what else we got here, guys. I'm gonna be actually reading too off of another screen here, that way I don't have to keep looking and moving through the screens. We got a comment here from one of our viewers named Crypto Cowboy. And thank you for your, your comments, Crypto Cowboy. He says, I said the same thing. And he's, he's referring to comments about Electroneum having its own exchanges as we had the debacles with trying to— some of the problems with, you know, with Binance, trying to get listed on Binance and being added to various exchanges. You know, he basically says that he totally agrees that Electroneum needs and could have its own crypto exchange. That is huge. We wouldn't need to go anywhere else to purchase our Electroneum. And I do agree with that. I mean, and some of the, some of the questions I take won't be on this won't be on this screen. I have another screen I'm going around, so, uh, they might be on other videos. But, uh, I agree 100%. Um, you know, when I look at exchanges, it's very convenient that if a lot of people have their money there, all they got to do is exchange from— move it just over to their neighbor there within the same exchange and move their money from, from one place to another. But what I found though is that when people see opportunity, opportunity potentially like Electroneum, being inconvenienced a little bit, moving money over to someplace else, I don't think that's going to stop Electroneum's volume from being any significantly more than what it's going to be. And I, and I say that because when they see that the opportunities with Electroneum is so big. And that's why I feel that our main concern should be marketing. Now, our tech is limited as we've gotten, finally gotten our own blockchain. One of the big issues with Electroneum from the start was that it was a marketing coin, but it didn't have the valuation and the technology within it to be valued as high as it was. So Electroneum gets their own blockchain, is moving forward with the partnerships, doing a lot of things to make it more valuable, as well as have the technology with it having its own blockchain, as well as the instant payment system that they've put in play. So a lot of the complaints earlier about Electroneum have been addressed or are being addressed. And so why would it be necessary with Electroneum having so much reach already and being as big as it is, or going to expand as it's meant to be, this mass adoption coin? Why would it even be necessary to trade with others on some centralized exchange that somebody just created? Uh, when oftentimes what these exchanges bring us is, uh, marketing, letting us know. Uh, in fact, exchanges pretty much, um, they have these packages, many of them, where you can pay extra money to be highlighted, uh, you know, as a coin that's being traded, because that's just another form of marketing, putting you in the forefront. But if your whole thing is about marketing and you're already reaching millions upon millions of people, you're kind of exempt from having need of that, you know, if you all understand what I'm saying. So you could create your own marketing within that environment and have people find you, and all you would need at that point is an easy way to buy the Electroneum and move it and Hence, next exchange. And maybe there— I believe we got some questions or comments about next exchange. And we do, from a viewer here, Yvonne Axum. And Yvonne says that Electroneum has been listed on the next exchange for a long time now. And they've said that prior to Electroneum's announcement, or they mean it in that, in that way. So that's something new to me. I don't— as far as I haven't done deep research on the Nexo exchange, but I do know that if I'm not mistaken, they did an ICO around the end of last year, and by the time they got up and running, I don't think they've been running as an exchange for more than a few months now. And I, again, I could be mistaken, guys. I briefly glanced over some information. But a lot of the announcements around the community, and what we're finding is that this was supposed to be a new listing, and they've also said that we've been listed on the Nexx exchange a long time now. But if we've been listed on the Nexx exchange a long time now, where's news? Why has there been news that's just been broken to us this weekend about there being some complications listing Electroneum, but they are working profusely on it to get it listed, although this is a new exchange. So if that were the case, from Mr. Ivan Oxum, looks like Electroneum would already be integrated into the next exchange and not be trying to do it now. But anyway, thank Thanks for your, your question. Uh, let's see what, what else somebody else is saying. Um, this is interesting. Objects One says, Objects One, they should add credit card payments. So that's kind of interesting. You know, a lot of, um, cryptocurrencies have moved you know, on with these like debit cards or cards that you could, you know, basically be able to just send— you'd be able to send your Electroneum over to these and you have this line of credit. And I, and I guess that does make quite a bit of sense, guys, if you're gonna have the payment processors in with the merchant shops And, uh, wouldn't it just, uh, be easier to just have this debit card, this credit card that does the same thing that how it's going to process, uh, with the instant payment system? Does pretty much the same thing that that's doing anyway, but you just have the card instead, I guess. Pretty much the same thing, I guess. It feels pretty much the same. As having a card, right? As long as the merchants have the, uh, the, um, the, uh, the devices to, uh, to, to be in order to process them. But, um, you know, I, I guess as well, if you have the credit card, uh, you could have where, you know, you could use it, it could be converted to cash dollars, and you could use it much like You know, you use any of your credit cards or Mastercards or Visa, maybe they can work out some kind of deal with Mastercard or something like that. But that sounds interesting. I wouldn't be against something like that. I think it'll just be all part of Electroneum's expansion. Let's see what else we, um, let's see what else we got here as far as questions. Gonna try to get to as many as I possibly can. Um, let's see here. Yeah, that's still some commentary about having our own exchange. Uh, let's see what else. Let's try to get to somebody else. And see if there's any I've missed on some other videos. Let's see what we got here. Take a few more questions. And again, guys, if I've— the questions I've missed, all your comments and questions are very much appreciated, and I will try my best to get to, get to those on the next video as I'm scoping out a few older ones now. But I got this comment from Mr. Rick Viper Model, and he's saying that if ETN goes any lower, we are cursed. So he's talking about, you know, the price of Electroneum. And from What I've seen with Electroneum, worst case scenario, no matter what's happening, uh, some people might have taken issue with some of the problems we've had being listed on exchanges. Seems like we've had a run of some bad luck when it comes to, uh, people integrating Electroneum because it's not an easy token to integrate, uh, not like ERC-20 tokens and things like that. Um, and, uh, because of that, maybe some people have been frustrated. I kind of see the Electroneum price go up a little bit, you know, right before we're scheduled to be listed on an exchange. And then something happens, we get the announcement from them where they go, oh, we've, you know, come into these technical difficulties and the listing will have to be delayed. And some people get a little bit upset about that, uh, because it's happened to us so many times in one way or the other. Or we've been, uh, kind of, uh, uh, you know, just a little bit of string of bad luck. Uh, we thought we were going to be listed on a big exchange like Binance. That didn't happen. And then we had the situation with CoinBeanie as well, or Coin, uh, Bane, or however, however it's pronounced, and, and And so we've had several holdups when we were excited to get listed, and that can be annoying. It can. And so, you know, I think his comment was a lot in regard to what that kind of thing does to the price of Electroneum, you know, when it needs to start its rise up. You know, had slightly dipped under 1 cent several weeks ago. It's come surpassed that with a lot of exciting news that's been going on, although much of it hasn't come to fruition as of yet. So my thoughts on that are, yes, uh, let's be more thoughtful and mindful, uh, maybe the exchanges and the Electroneum team about making these announcements. I know that getting out information and getting out news to us to make sure that, uh, something is being done, um, communication is open. It's very important, and it's very important to the community to hear that, but maybe be a little bit more vague with what's going on. Uh, there have been, uh, announcements made before where they've been very cautious and said, uh, they won't tell us exactly what's going on, but we can possibly expect something good on such and such a date or soon. Maybe that'll be enough. It's better than having to deal with FUD and deal with just a lot of the other negative energy that's come Electroneum's way, sometimes through, or in many cases through no fault of their own. And so I think that might be the best way to handle it because news does, can create price declines as well as price rises, right? And so maybe one way to handle that would be to, yeah, let us know there is something coming up, but specifically what that is, we don't know as of yet, but it should be good news. And maybe just leave it as that. And that way we can kind of wonder about it, have a good feeling about it. If people want to go ahead and try to jump in Electroneum before that, buy more before that, do that, but without kind of putting ourselves in a jam and then, you know, dealing with a frustrated community and having to, you know, try to now deal with several things at once. So that's all I want to say about that, guys. I'm just trying to give some comments and let you all know that I do read your comments and your comments are very important to me. And although we're a small channel, I do appreciate your thoughts, your concerns, your questions, your participation in Electroneum, which I believe will pay off, will be this great coin that I know it could be, provided it doesn't take the route of some coins I felt the same way about in the past that have literally just shot themselves in the feet for no reason at all. So if it doesn't do that and it keeps doing, moving in the direction and does what it's good at, which is marketing, you know, it's okay to be a marketing coin, to have that as your main thing. I know everybody's obsessed with tech But in the crypto space, tech alone doesn't win wars. I know the tech guys want to keep telling you that, and I know they want to go working and building systems and keep us believing that. But to have the mass adoption, to have regular Joes finding this stuff important and having use cases and reasons to really use this stuff. Besides what they're doing already in the interim, uh, we're going to need, uh, ways to reach these people other than just tech, whether that be marketing or psychologically or however you want to look at it, whatever you want to call it. It's going to take more than just a bunch of fancy technology and, uh, things of that nature. People Human beings are complicated. They aren't simple. Logical choices and decisions don't always make sense. We are also feelers. We do a lot of feeling. That's why in many markets there is a herd mentality. There is a panic when people do panic sales that makes everybody else sell even though the value of the underlying product or security is still there. It hasn't went anyplace. The only thing that has happened is we followed a bunch of panic, panic sellers. And so that same psychology that causes people to react how they react is the type of approach we're going to have to also use in the cryptocurrency space And it's okay for Electrone to be labeled the marketing coin. You know, as I said earlier, initially it was, it was just labeled that with no tech to back it up. It was just a bag of empty promises, but it's shown that it can incorporate tech at levels that nobody else has done. And, but since it's done that, it's alright to step back and say, well, we were good as a marketing coin. Let's do that. Because that's what we need right now in the crypto space. That's all I want to say, guys. Again, thanks for your questions and comments, guys. If you like content like this, don't forget to like, subscribe, and until next time, take care.