Why Buy Ripple When You Can Buy Something That Will Be 'Very' Useful?
What? Why are you talking about Ripple, this was supposed to be about the price of EOS!
Oh yes, right! Well I have calculated EOS to be priced anywhere between $ 6.84 - $ 2660, based on my "analysis" (LOL) of Ripple & Ethereum's current market caps (see below) ....
Ripple:
- 38 BILLION tokens (38 x the # of initial EOS)
- Current Price: 0.18
EOS:
- 1 BILLION tokens (initially - post-ICO)
So, simple math here folks ..
38 / (9/50)
.. possible price per Ripple if there were only 1 BILLION in circulation ..
$ 211
Either that or $ 6 bux-n-change .. I suck at math. ;-)
Anyway, it's fun to think about, and I believe comparison with Ripple given the number of EOS that will be out there, is useful. However, there is no real comparison that can be made with any other "currencies" because the value of holding EOS and the purpose of EOS, is far far greater .. far more functional .. far more necessary in fueling this next generation tech, which will finally enable the next level of blockchain-based products to be created.
Compare it to ETH!? Okeee..
ETH:
- 93 MILLION tokens ( 1 / 10th the # of initial EOS)
- Current Price: $ 266.00
266 * 10
.. possible price per Ethereum if there were 1 BILLION in circulation ..
$ 2660
Haaa yes, I know .. this math is both wrong and entirely useless! :-)
My point here is to get one thinking about it ... if you understand the potential of EOS in comparison to Ripple (yes I know there is no real comparison to be made regarding the tech), and also with Ethereum, clearly the technology that EOS is competing against, 'directly' (ignore them when they say otherwise) ...
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thanks! love what you're doing!
Very broad calculations haha! I agree that EOS is a very good investment right now though! What platform do you currently use to buy your cryptocurrencies with?
Hi, I am using the EOS.IO Distribution App in combination with MetaWallet .. however, there have been a couple of periods when it has been cheaper to purchase EOS on Kraken / Bitfinex ... this will happen often over the next few months - but there will come a tipping point when the potential will become widely known ... EOSFOMO will be in full effect! ;-)
Thanks for the helpful tip!
I also share my profits with the users ;) Click here if you wish to learn more!Beep beep. Hi @re-kurtbeil-re-michael14876-re-kurtbeil-eos-price-will-be-usd-6-84-usd-2660-within-10-months-and-here-is-why-20170807t194331721z! I am @tipU - a service designed to make sending tips super easy.
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I bought some EOS at the weekend, think I need a few more!
price of will be around 20 $ to 100 $ , but not in 10 months maybe in 3 years,
if it has a price of 2660 then its market will be 2660 billion
I like that range! By the time the ICO is finished, which is approx 11 months, there will be many apps ready to rock n roll .. many are testing already, so I think we can be a little more optimistic about the time frame .. myself, I see it going ballistic with launch announcement. Cheers!
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how many are you holding
Not as much as I would like at this point .. just under 5000, most of which I obtained in Period # 0, when it cost the least - I add more every few days, and will do so all the way thru to the end of the ICO .. .. damn .. only 311 days left! ;-)
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I am slowly acquiring EOS every month hopefully it will reach the price you predicted :)
math and correlations from hell
hehe.. yes .. not unlike the wider Crypto-Pundit-Press-n-Propaganda-Machine. :-) .. basically it all comes down to what your 'gut' tells you, and if you want to lock $ up or a while, during a time when Bitcoin can give you like wha .. 5 % per day!? lol .. crazy days
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Got EOS kinda when it was high around 3$, doesn't matters bought extra around 1.40$ as well, think very good for long time invests, last month been kinda sleeping, but it great for long time :)
Why ebmveryobe saying this a scam ?????
Hahaha I hope you're right, I'm have my wallet full of EOS so better be worth them 2600$ xD
Interesting post! EOS has alot of potential but for a long term scenario because of the platform development and the tokens distribution
Eos! It looks good $100 definitely does not seem unreasonable this time next year...am I right?
I bought some EOS at the very beginning so will definetly HODL it for some years--future will show -but for me its pretty sure you will not lose money on that train
EOS is looking really good. It does have people with Tezos, Neo, Ethereum and others to compete with but I think EOS will reign victor out of all of them with the expertise of Dan and the organisation he is working with.
I'm trying to accumulate as much EOS as much as I can.
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I think EOS and XEM are underperforming in the markets! However, EOS is still in ICO mode for another year so I do not know if the devs could just take the money and run or cancel in the next year and a half.
Damm after reading it looks like i need to get my hand's on EOS
Your prediction on EOS is very good! It will reach that