Great post but my opinion is biased because I read everything about EOS. I missed the ethereum boat too, not because I didn't believe in it, but because I was not dilligent enough in trying to find out how to buy it. At the time I was not involved with many exchanges like I am now and I was influenced by the misconception that all the crypto exchanges weren't "safe". I had $7000 in bitcoin that I was ready to trade with ethereum (at the time was $7). Long story short, I did get in at $75 and once again at $150 before selling half my position at $300 (after it had corrected back from $400). Obsessed with this "missed fortune", I started studying cryptocurrencies, found and registered with Steemit for the sole purpose of learning more about cryptocurrencies (until @ackza convinced me to spend more time posting and curating on this platform). I found EOS and share your belief that this has a 100x potential. The reason I came up with POTENTIAL 100x return is currently EOS is has 1/63th the market cap of ethereum and with cryptocurrency market set to keep doubling until it reaches mass adoption. Of course the key word is POTENTIAL because they have yet to prove themselves. I've been accumulating EOS on the dips from my trading profits at 50 cents and recently sold a portion to take profits as I think it will dip a little more under $1 (I will buy again at 75 cents). If there's another FUD campaign by the likes of China or Jamie Dimon opens his mouth again and it goes to 30 cents, I will be all over it more than a shopaholic on Black Friday at Walmart.
What are your thoughts of ethereum being scalable? That is the single biggest threat to EOS' existence. EOS is just "on paper" now while ethereum is already being used. In comparison, ethereum did not have this threat from bitcoin as bitcoin doesn't have the smart contract capability. I would be interested to know your opinion on this matter. Thank you.
In order for Ethereum to be a threat to EOS, it would have to change it’s entire infrastructure.
Ethereum has many structural problems that prevent it from scaling properly. None of the changes proposed by the Ethereum development team address those issues.
Bottom line: Without Asynchronous communication, without Horizontal scaling and without Decentralized governance, Ethereum will never be able to perform the number of transactions per second needed to fulfill its promises.