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RE: EOS, now THAT'S a coil!

in #crypto7 years ago

Looks like it, but the wildcard is the year-long ICO... If current price keeps up then the market cap of EOS will be insanely large when the ICO ends.. and that is quite something for an unfinished blockchain. This has many investors concerned about wether or not the current price is going to be maintained. Let alone the effects if it grows..!

Then again, there is the Dan Larimer-effect, which certainly seems real. I think in the long run EOS is not a bad choice, regardless of price point, as long as you get on the train.

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Well put. I often think of the same questions. So far in monitoring the ICO there is a steady interest on a daily basis. As you said, there is a lot of time left in the ICO. My thoughts are that smaller amounts will continue to be contributed to the later periods of the ICO and interest will continue to grow as word still spreads and project updates are released... as well as general frustration with ethereum in terms of it being a useful product (already costly and slow). As time progresses the later periods will begin to become congested and we will see a sharp increase in period contributions well above the 15-18k ethereum we are seeing now.

The Dan Larimer effect... just so thoroughly impressed with him. I just have an overwhelming gut feeling towards this project. I do have to remind myself often of the many obstacles that must be overcome to be a complete success. But I'm in it and excited!

Dan Larimer is really the first big name to switch crypto's (sort of). That made me wonder.. what if Vitalik or Charlie Lee or some other big name were to start a new cryptocurrency - would it boom as much as EOS has?

Back to EOS, in the future I think it will reach Ethereum price levels if not higher.. so it really doesn't matter all too much what price you get it at at this point!