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RE: I am Long On EOS and Am Prepared to Hold.

in #eos7 years ago

Dan is doing EOS the opposite of BTS - release a test chain to beat up for a year then go live. BTS released the live chain right away and spent two years forking/upgrading it, which was rough and severely depressed the price for a long time.

My bet is that current prices are as low as they will very be. Once the test environment and test chain are released I expect to see $5 very quickly.

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Thank you for explain this. This explains why Dan chose to release the tokens for sale through some exchanges first and has made reference to the fact that it is a lot easier to work on a platform and upgrade/tweak it before you have to actually service paying customers at the same time. He used a great analogy for this about it being easier to work on a car's engine when you don't have to drive it down the road at the same time. Thanks for adding this piece...it all makes sense to me now. Hahaha! (Well, in a very simplistic way.)