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RE: EOS: A Prime Example of Buy the Rumor Sell the News!

in #cryptocurrency5 years ago

Block one announcement was a real let down, but I was already more or less expecting it, everyone was creating too much hype on it. From what I got, Dan didn't announce everything he wanted to because someone told him not to (at least this is what the rumors say)... That b1 announcement was such a let down that it made me sell my EOS, not sure if I'll buy it back at a later date, I've been keeping up with the news and EOS has a huge dapp development team, but the whole sister chains and chinese block collusion is troublesome.

However, there are two sister chains that I actually like, Worbli and WAX, WAX for ingameitems, and Worbli seems to be a compliant chain that is trying to work with regulation to make the whole thing more institutions friendly (they might have a STO soon on their chain). Still need to research Worbli more though.

The EOS price might start to pick up since inflation is going to be decreased to 1% (less sell pressure?)

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Sadly I didn't sell any as I was traveling at the time and kinda lost track of things. A tick up would be welcomed.