Electroneum - Communication & Information

Electroneum's leadership explains why announcements are delayed: lawyers restrict price talk to avoid US and UK regulatory issues, and partnerships come with non-disclosure agreements. The team is working behind the scenes even when silent. Price has moved from fractions of a cent to under two cents, and Richard Dale says the current pace is reasonable.
Chapters
Hey you, welcome back to the channel. And guys, today I want to talk to you all a little bit about communication and information, uh, from Electroneum to the electronic community. And, um, as of recent, as of late, uh, because we had a little slip in price, a little dip in price, uh, nothing major, uh, uh, we have come a long way. We went from like half a penny, you know, and we're now just shy under 2 cents. I mean, maybe I'm the type that isn't hard to please, but I thought that was a phenomenal, phenomenal run. And so many of us want to see Electroneum go on this great run. Get to 20 cents, 50 cents, and a dollar, and that would be great. But I think realistically, I think the time frames in which Electroneum is using from where it's come and the situation with it up to now, the setbacks it's had, the problems, the development, and various things like that, I think the pace it's moving at now I don't think it's a bad pace at all. But the purpose of this video isn't really so much to talk about, you know, what the price of Electroneum is, but it's more to talk about, I think, how we should view communication and the information that comes out of Electroneum to us. And I'm going to give some details as to why I think things happen this way and why I've come now to to better understand, you know, why it comes out the way it comes out and how it comes out and when it comes out. So I'm gonna try to share some of that with you all about why, you know, what I think is happening and, you know, how that works. So I remember after watching some prior videos with, past videos with Mr. Richard Dales, and just, I could clearly hear him, uh, get a window into his mind and hear the things he was saying and come to a better understanding why it might seem like in some cases, um, Electroneum might not be paying attention to us, might not be making announcements maybe when we'd like them to make it, and various things like that. So some things I remember him clearly saying in some of his interviews and various things were one thing he said in particular was that his lawyers get very nervous when he mentions price. And so what seemed to have happened is I think Mr. Richard Dale has decided to really try not to even discuss price unless it's just this positive run on the price and maybe he may say something about it then. And so that makes a lot of sense because I'm not very familiar with the regulations and laws in the UK, but I know here in the United States that you got to be very careful when you're dealing with investments and when you discuss the, the positives to an investment and people are investing in your product without balancing out the, what could be the negative parts of it. So you have to have a very balanced approach to what people are getting with the investments that simultaneously while you're saying things like, you know, you could potentially have a great gain in price, you have to also repeatedly say in the same balance, yet you could lose all your investment, right? You could lose everything or you can have like infinite capital gains, infinite gains. But you have to balance out how that information comes to people. I think in Mr. Richard Dale's case is, well, you know, with his lawyers telling him to be careful, you know, worried about lawsuits and various things like that, that, you know, he stays, you know, very balanced in that. And I think he stays away from it. I think he's clearly stated that in some interviews. Also, another thing that I found very, quite, you know, helped me to understand a little bit about why they do some of the things they do was, you know, obviously when they do these partnerships, they have non-disclosure agreements and various things like that. And so it's probably certain times that they've agreed to release the information. It can also be that maybe you know, whatever, however they're setting up their deals and partnerships. You know, maybe it could be some lingering, just minor details that they have to lock up at the end. So it could be, it could be a variety of things that could, you know, cause them to want to deal with how they release this information and when to us at what particular point in time. The last thing I noticed that Mr. Richard Dale said a lot in some of his early interviews about just how, you know, how he looks at things and how he deals with situations is, um, I remember him referring to, uh, some other coins out there. He didn't say any names, but we're, you know, referring to many of them who had maybe spread negative information about Electroneum, that whilst they were doing that, he was in the office working and the team were working, getting things done. So I think Mr. Richard Dale's approach is more along those lines, that, um, you know, he's— they're going to stay busy working, um, you know, on the project. And, uh, you know, when that— when they get to the point where they think that it's right for release, then they're going to do it in that way. But I, I think what's important, what is clear from what I got from Um, what he was saying was that, uh, you know, it's kind of clear that even if we don't think that maybe they're moving or working in a time frame we would like, it doesn't mean that they aren't working. You know, it doesn't mean that they aren't— their minds aren't on it. So I think that's very important, and I think that, you know, uh, it definitely puts my mind at ease just to know that, uh, well, yeah, they're aware and they are working on it. They're not just ignoring us or trying to avoid what's going on. They are well aware and they're, you know, addressing that in their way, in the way that they do that. You know, obviously my approach, my thought process, because I came over from traditional investing and traditional markets, would be quite a bit different mentally from where we get in cryptocurrency because You know, many of us know that in public traded companies, if you're dealing with stock market and various things like that, many CEOs will try to do damage control and control information and price so that it doesn't impact stock value, right? But that's a different animal. That's stock investing, right? That's not cryptocurrency. So it's just different. That's just different approaches to that. And so I just want to share that with you all that, you know, I don't, you know, I haven't seen anything to cause any worry for me at this point in time. You know, I wasn't really looking for a big breakout anyway in the price of Electroneum probably to the end of the year, end of December. Going into 2019, that's when I was really looking for Electroneum to really do something. Um, but I, you know, I can understand some people are impatient. They're hoping this thing will pop off and they can make a fortune. Hey, everybody wants that. That's how many of us feel. So, you know, it's nothing wrong with that. That's why many of us get involved in cryptocurrency— risk-reward factor, right? We, we, we're taking the risk, but we definitely want a reward. So that's quite understandable. But just trying, from, from what I've observed with the Electroneum team and Mr. Richard Ells. They're very much, their minds are very much on this and they are very much aware of every concern that you all have from when you post it. They might not know exactly when you posted it and when you have the concern, but I can pretty much guarantee you that they've anticipated, you know, your concerns and various things like that. And so I wouldn't worry much. You know, also this happened. This is kind of repeating the past. This kind of happened before we pulled back quite a bit. But when we went forward, we really went forward. So I don't think it's beyond reason to think that on our next pullback, just a wild prediction based on past results, that, you know, if we're around $0.02, hey, if we go to $0.08 or $0.10 or $0.20, on the next push we go forward. I don't think it would surprise me. I'm not saying it'll do that, but I'm just saying if it did that, I don't think it would surprise me at all. I think I've now become accustomed to the patterns of Electroneum. I have a clear understanding now of how they do business and how they go after things. And I'm quite fine with that. As long as I know what's going on and I have an understanding of what's happening, I can roll with it, guys. And so it's no trouble for me. I would also caution you against FUDsters. They're like these people that when it starts moving up, I'm pretty sure they're jumping into and trying to get some gains. As soon as it dropped, they're probably selling off and dumping it, then going on and on. Because as I've told you all in many other videos, Many people who have these negative approaches to Electroneum, they all end the same. The conversations always end in the same way when I'm talking with these people, and it goes something like, uh, yeah, Electroneum this or that, but I'm holding some Electroneum. And then they go and say all their negative things and finish off with negative things, but it's always that, but I'm holding so much Electroneum. So, you know, it is what it is. But anyway, guys, that's all I wanted to say about, um, communication and information that comes out of Electroneum that, um, you know, that I think these are some things we should consider, uh, and, uh, you know, yeah, it's going to take a little bit more patience, but I think for me, I'm looking toward the end of the year. That's when I'm really seeing, uh, what I'm, what I'm hoping to see, I think, take place. But guys, anyway, that's all I want to say in this video. Guys, you like content like this, don't forget to like, subscribe, and until next time, take care.
More from Michael

UBI - CIA Agent Explains Why Americans Will Never Get Universal Basic Income?










