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RE: Did Facebook Just Die? Why Is EOS Rising?

in #crypto7 years ago

Isn't EOS still doing its ICO? Printing new tokens? I always felt its best to wait until that's almost over to invest in it. Do they have a working product yet? I guess I better catch up with things..

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Hey Scalerman. The easiest way to buy EOS is on an exchange. There are a couple things to know. In June EOS will take a snap shot of the blockchain and give you the "official" eos token. To get the real eos token, you need to have a registered ETH wallet address. They don't allow US investors to hold the token, so the wallet needs to be registered with a VPN. It's easy to find videos on how to do this on youtube.

Just wanted to let you know. The reason not a lot of people hold more EOS right now is because there are some hoops to jump through before June 1st.

The other option is to wait until after June 1st and Americans can buy freely.... but then the price will probably rise because they are easier to get.

Cheers

Thanks on the EOS explanation happymoneyman..that helps. Im not really buying much of anything right now to be honest. This crypto market hasnt felt too good lately. Lots of what I think are good projects are going sideways or down it seems.