Thanks for reading and commenting @birdinc! I do think that we will see a drop in token price but for how long and how low, is anyone's guess.
I have followed you. :)
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Thanks for reading and commenting @birdinc! I do think that we will see a drop in token price but for how long and how low, is anyone's guess.
I have followed you. :)
I'm holding back because of how the BitShares crowdsale played out in 2014. When everyone was excited and there was high demand the price was like $0.04 but when nobody was paying attention you could have got BTS for $0.004.
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.
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.)
I bought BTS at $.07 and I am so thankful that I had the courage to take the plunge, when I did.
I didn't want to miss the affordability opportunity that exists with EOS, so I plan to continue to buy this coin as long as can.
It is very tricky to know what to do.
Agreed. It's tricky business. But fun!