Yes you are right - there will be price differences between "mining" and exchange trades. But still that is a lot of coins coming on the market - a lot to swallow I guess. I like your analysis about prices - For 0.5$ I am definitely in!
You are viewing a single comment's thread from:
Completely agree. I am starting to worry that my $0.5 target is a bit low. We need to come up with a buying strat
If the price of EOS were to reach USD$0.5 I would buy with everything I plan to invest, for a variety of reasons:
The price on the markets is likely to be artificially inflated like you mentioned, due to most coins bought during the ICO cycles not making it to market.
Dan has already produced two utterly incredible platforms that are continuing to grow in success. Now that he has the kind of funding behind him that is almost unimaginable outside crypto, I am expecting something phenominal.
EOS price will continue to climb forever provided the platform gets adopted more widely. Anyone wanting to use the platform needs blockchain bandwidth awarded to them by the tokens. This seems like a great long term hold.
That being said, if any of the above don't hold water I would love to have a discussion about it. ICOs are always uncertain and it helps when several minds meet to build a better understanding.