Bitcoin Forum

Will eos remain in top 5 cryptocurrencies in the future?

I feel it will still be but if they dont change something to their current update, they might really lose their throne.

Alot investors became unsatisfied with their recent changes. Instead of making things better, they are moon walking somehow.

I also felt hurt when i got them at $2x and they just tumble down till almost 50%

Pretty bad shape

I think eos will be the infrastructure of the internet in the future no one can help you but right seems good to be one of the best scalable technologies in the market

In my opinion eos has pretty bad chances to stay in the top 5. Ethereum is just better in my eyes. Vitalik buterin is brilliant developer and ethereum will soon be able to manage 1000000 Transactions per second.

The problem with eos, is that the vast majority of eos investors have no idea what it is.

Do people even realize that the eos mainnet has been released and previous eos tokens are obsolete?
The only thing you can do with them is trade them on an exchange.
The time to "Stake" you coins to transfer over to the new eos has already passed (it was june 1st).
The steady price of eos goes to show that the vast majority of traders have no idea of this.

Another major problem is, they are trying to run things in a purely democratic way.
however, the way to stake your coins and vote is quite complicated and only a small portion of eos holders know how to participate.
Although we like the notion of a free and open technology, in reality, it slows down development and raises costs.

Eth, Neo, hell, even waves is better than eos.

EOS is anything but free and open though. Its Block Producers have the power to freeze accounts, reverse transactions and confiscate tokens. Why would anyone choose to invest in it knowing that?