I've read your post because I like to hear all, positive and negative arguments, I was expecting I will read the facts, why is EOS accident to happen. This sounds like something horrible is coming.
And right now, EOS is triggering all kinds of red flags.
What are these "all kinds of red flags"? No details, I have wasted my time.
P.s.
Didn't read comments, short on time, just main blog post
The context is the part prior to that sentence. Maybe I wasn't clear though.
What this means is that EOS and the overhype around it breaks one of my rules for investing in cryptocurrency. Maybe when EOS cools off and any launch bugs are ironed out, I'll consider it. But for now, the heat is too much and people are going to be burned.
For now, everyone is speculatively investing into EOS and calling it an Ethereum killer. I'm weary of big claims, look at what has happened to Neo, another hype favourite that has lost people serious money. And WaltonChain, Nano, etc. Hype = losing money.
I strongly believe it's too late to get into EOS now and make a profit. But there'll be peaks and valleys of opportunity where profit entries and exits will popup.
Thanks for the answer.
The problem (in my eyes) was title of your post, I interpret it like something is seriously wrong with the EOS. And of course I had to read it, I want to see all sides and opinions. Then I couldn't find anything to support the title. (can't for example see it worse than some others, say Cardano...)
I see what you mean. Yeah, it probably is over-hyped like many others, nothing new here. :-)
Although as new application start emerging, this may become quite interesting, like Dan's new Steemit kinnda thingie later this year...