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RE: Is The New $232 Million Ethereum EOS Token mostly hype?

in #crypto7 years ago (edited)

Age has nothing to do with it; what is your IQ? Can you read contracts, or you just trust hype articles when every snake oil salesman comes along. I don't care how old you are, what matters is, can you reason? I have dealt with hundreds of contracts, and invented things on my own, and deal constantly with startups; first off, non-disclosures are COMPLETELY WORTHLESS... they protect nothing. Anyone that signs one, could easily tell someone else, and that person could go and do the idea, and there would be no tracing it back to the first person. As for Dan being sued, anybody can be sued for anything, you don't even need proof... but it is not like he is being secretive, he put all the details in the white paper, right?.... or least made them all up.
The EOS subtoken is worthless now other than people that want to buy it for around $1; anything is worthless unless someone wants it. It has no probability of becoming a platform token, as they have their money, so where is the incentive for them to do anything? They could just pack up and go home now, as their legal agreement says they owe nothing and promise nothing... they can be sued for nothing, as they are promising nothing. If you think that is a great investment, then by all means, do it. You don't sound like you want to. Something can go up in price just because of hype, but as for actual value it represents, even if this is put into a blockchain, it isn't connected to this token. Health is wealth though, you got that right.
I wouldn't call this investing, I would call this gambling... when you go to into a casino, are you an investor?