ITT Promising projects that utterly failed

Had high hopes for pic related. Not only were they a 2nd layer scaling solution for ETH, but also a way to make smart contracts private.
Also a full team with MIT background, it all looked so promising.
Nothing ever came out though. Now there are even Indian projects (Matic) working on the same use case and achieve the same progress in weeks that took ENG years to.
Still holding some ENG, but it is bleeding -10% in sats every day.

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>Had high hopes for pic related.

Why, though?

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That is a tragic tale of woe, young pajeet. However will you rebuild your lost fortune?

Things to watch out for when you see a project:
>MIT, Harvard, Jack Ma, clown inc, etc university background devs
>1 year later, no mainnet. Worse if testnet in beta
>Devs are good at misdirecting questions
>soon(tm)

I believed their lies.
The constant bullying towards Chainlink should have been a red flag.

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> You can't make this up: Enigma's Slack and web were hacked because the CEO used the same password he had in the affairs site Ashley Madison!

And you still invested?

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Also why did ENG pump to 19k sats in March/April just dump down to 5k again?
Where and why did the volume come from?

kike PnD

ENG team holds 50% of the total supply. What did you expected?

I accumulated when it was still $6 and going up thinking it would hit $10. Now it's worth nothing and I'm still holding bags. Even when I make a thread about ENG it dies with less than 10 replies. It's really disappointing.

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Sergey holds 65% of all Link token and yet it still pumped to rank 30.

sell now or carry to zero
this is a dead project

actually here, what does this coin do?
and what purpose does it serve?
exactly, sell now before losing it all

Damn I forgot about that one user. It made me so much when it first came out but it died so fucking fast. Never touching it again

TZhe liquidity is so bad on Enigma, if I were to sell my last few thousand I would crash the price -5% by my own.
Literally no orders in the book and the only trade volume comes from bots that wash trade a couple hundred token back and forth.

I know, I fell for the MIT meme and it financially ruined me. I'm looking to get out and make back what it costed me off some other project.

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There’s a garbage tier book coming out in the US by Pendland and Hadjorno that shills this extensively but never mentions Chainlink.

seemingly had all of the fundamentals going for it and sounded like it was a real functioning enterprise blockchain solution then it went -99%

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Part of the hyperjust alliance. I bought ICX at $2 thinking it was a steal after the drop from $12.
I wonder if the altcoin craze ever comes back. If so, it will be with new projects like Matic and probably not the old ones.

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get in RLC and see the light ( in a form of 2x in 2 days) my child

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I'm actually in RLC, it's my biggest holding. It's my only hope now.

you r gonna be alright then fren

>yeah it was that chainlink.. CEO former russian scammer from projects like NXT, high hopes but no working product. backed by anime-forum autists, only working product is a fucking alarm clock. still no mainnet after two years

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the only thing good to come out of enigma is that podcast

enigma didn't fail, still in development.
Literally everything has delays and is overvalued

what does it do user, what problem does it solve?

the goal is to run private computations, which could allow eg. a multicoin exchange that could safely process deposits and withdrawals for external networks, private keys hidden by either multi party computation, secure enclaves or both.

Facts?

thanks for the exact quote they have on their reddit and website
i ask again user, what problem does it solve, talk to me like you;re talking to your friend not just repeat talkin points you fuckin faggot

That's not what an "exact" quote means, no shit the description is similar because that's what it does.
Decentralized exchanges are currently only possible for one network and its tokens, how is that not a valid problem enigma solves?

>a multicoin exchange that could safely process deposits and withdrawals for external network
>Decentralized exchanges are currently only possible for one network and its tokens
word of advice user, sell before you neck urself

most people are going to leave centralized exchanges if user experience is similar and pairs the same

Yeah, in theory ENG looks cool and the use case is decent.
The problem is that they have nothing to show after two years. They got the money and now let it slide. They need to make it look like they still do some work for legal reasons.

yeah no argument there.
That's true for majority of icos however

can anyone prove me wrong? i had such high hopes...

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That's for when nodes are live twat
You are a brain dead idiot

Pajeets that turn code around in months are launching vapor ware scams

Enigma is slow and steady also update your fucking pic faggot

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I like the old logo better
Those new colors look gay af
Especially since they hired trannies to promote themselves

Works both way though

The new rebranded cube looks cool.

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perform work on secret data without ever having posession of the data. e.g. medical records. that one usecase is worth hundreds of billions of dollars to pharma, academia, biotech, insurance

It's not a redbrand though. It's the same just a solidified brand.