Downward Pressure Still Persists
As we all are aware, and if not let me inform you, the EOS ICO is a slightly different beast. The EOS smart contract issues 2 Million tokens per 24 hour period. With that being said, the threat of another 2 million tokens flooding the market is always around the corner. Unless we see some major fundamental catalysts arise from the EOS team, price may continue downward for a little while longer.
Buyers in Window #8](https://steemit.com/eos/@cryptoblood/eos-window-8-now-underway-what-are-your-price-predictions) were able to secure the tokens near Window #2 prices. - Lucky Lucky!
Current Market Cap
$474,547,047 - at the time of this posting, up from $413,783,505 ( Window #8 )
Let's see how Window 9 will pan out.
Questions/Feedback
- Are you guys participating in this round?
- What do you think will ultimately happen to EOS price as more rounds floods supply?
- Many around the internet, are calling this too expensive for Vaporware. Is it vaporware? If so, is it worth the risk to invest still?
About EOS
EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built. The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. For more information, please read the EOS.IO Technical White Paper.
True Flip {ICO} - Already running a transparent blockchain lottery! Bomb! Bonus 20%! Hurry! :)
The platform is already working and making a profit :)
https://steemit.com/ico/@happycoin/true-flip-ico-already-running-a-transparent-blockchain-lottery-bomb-bonus-20-hurry
don't spam bro! thx
What's your point?
This is to inform those looking to participate in EOS that haven't already. There may still great entry-points available.