A very bad prediction on EOS... You obviously don't understand it. Coin production pushes all cryptos down in price ... Yet somehow, Bitcoin... The most energy consuming coin out there as well as the slowest manages to be above 7k... EOS is able to distribute and capture that otherwise energy loss to feed future R&D... Yes the positive factor you failed to calculate.
You are viewing a single comment's thread from:
Can you elaborate on what you mean by capturing energy loss? Historically EOS price has steadily dropped. Only recently it spiked but it looks weak. Current price is 0.93. Are you saying that EOS spiked because it finally found its mojo? How come it couldn't capture this energy loss over the past several months?
EOS will be worth more after the distribution. Until then, my prediction stands: it will see spikes but over the distribution period it will steadily drop due to non-utility and inflation.