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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Lucas Kronenberg on May 06, 2018, 03:48:30 PM



Title: The growth of EOS: a new paradigm or just the pump?
Post by: Lucas Kronenberg on May 06, 2018, 03:48:30 PM
After growth of  EOS again above $20, there was another rumor that he may displace Ethereum. Just a year ago, Ethereum was located in the same price zone.
Very active trading of EOS was on OKEx, which could be one of the reasons For the growth of tethers (USDT). EOS has a pair with USDT, and in order to be able to make a profit or take a stop loss, USDT is necessary for income protection.
At the moment, EOS is one of the hottest digital assets. However, some believe that the growth of EOS is not stable, but the next short-term pump before a sharp correction.
At the moment, users of social networks complain about trading EOS on Binance. The EOS/BTC pair is very active and occupies 10% of the exchange's volume. But the absence of an asset with a fixed price can mean that even the transition to BTC and profit taking can lead to losses, as the entire market has a short-term correction.
What do you think, pump or growing its value?


Title: Re: The growth of EOS: a new paradigm or just the pump?
Post by: Psynthax on May 06, 2018, 03:57:40 PM
After growth of  EOS again above $20, there was another rumor that he may displace Ethereum. Just a year ago, Ethereum was located in the same price zone.
Very active trading of EOS was on OKEx, which could be one of the reasons For the growth of tethers (USDT). EOS has a pair with USDT, and in order to be able to make a profit or take a stop loss, USDT is necessary for income protection.
At the moment, EOS is one of the hottest digital assets. However, some believe that the growth of EOS is not stable, but the next short-term pump before a sharp correction.
At the moment, users of social networks complain about trading EOS on Binance. The EOS/BTC pair is very active and occupies 10% of the exchange's volume. But the absence of an asset with a fixed price can mean that even the transition to BTC and profit taking can lead to losses, as the entire market has a short-term correction.
What do you think, pump or growing its value?
Pump and nothing new in EOS protocol. There is no reason to call this as the future platform. EOS has created to fixed the scalability issue of ethereum with its smartcontract system. But ethereum has created its own scalling solution with a better and better development compared with EOS.