ok... EOS has only recently popped up on my radar in the last week or so, and i know next to nothing about it, so I cannot really comment on it.
My rationale i am using to buy crypto's is similar to that i would use for individual stock investing, that being majority blue chip, with some medium sized companies as well. I will not even look at the penny dreadfuls of the cryptocurrency world, although i realise there are number of people who have made money specifically in this space, it is not going to be the most reliable way to get into crypto's IMO.
The things I am looking for in crypto's are horizontal / vertical integration, and a monopoly style business. That is a business that owns the entire supply chain (wholesale / retain / transport / manufacture etc) and has emerged as one of the top 15 or so blockchains with a scarcity of coinage.
The scarcity rule i have not applied to ripple however as the major banks seem to be deciding between ripple, and ether. In Australia here 2 of our top 4, NAB & WBC (National Australia Bank 80bn/mcap and Westpac Bank 100bn/mcap) have involvement in the ripple space, and i believe this is the case in a lot of developed economies. Therefore I have broken the rule on that occasion for this very specific reason.
had a very good day today i see, I'm not even sure it was in the top 50 and now its no. 9 by market cap at 700bn. I don't think i'll chase it at this point. What price did you get in at? Cant access their website i think too much traffic.
ok... EOS has only recently popped up on my radar in the last week or so, and i know next to nothing about it, so I cannot really comment on it.
My rationale i am using to buy crypto's is similar to that i would use for individual stock investing, that being majority blue chip, with some medium sized companies as well. I will not even look at the penny dreadfuls of the cryptocurrency world, although i realise there are number of people who have made money specifically in this space, it is not going to be the most reliable way to get into crypto's IMO.
The things I am looking for in crypto's are horizontal / vertical integration, and a monopoly style business. That is a business that owns the entire supply chain (wholesale / retain / transport / manufacture etc) and has emerged as one of the top 15 or so blockchains with a scarcity of coinage.
The scarcity rule i have not applied to ripple however as the major banks seem to be deciding between ripple, and ether. In Australia here 2 of our top 4, NAB & WBC (National Australia Bank 80bn/mcap and Westpac Bank 100bn/mcap) have involvement in the ripple space, and i believe this is the case in a lot of developed economies. Therefore I have broken the rule on that occasion for this very specific reason.
EOS and Burst coin are excellent technologies that have real world applications.
My radar is beeping and I cast a wide net.
had a very good day today i see, I'm not even sure it was in the top 50 and now its no. 9 by market cap at 700bn. I don't think i'll chase it at this point. What price did you get in at? Cant access their website i think too much traffic.