Hundreds of "SCAM" threads, but apparently people still buying EOS. Anyone could share some insight behind that insane PUMP over last few days?
Testnet in December is what is fueling this speculation. With another 520 million coins in the ICO waiting to be bought I see this coming back down to sub 10,000 satoshis. So that's another 7 months of ICO before product release with 2 million coins per day being added to the market.
I wouldn't buy now. But that's just me, I like cheap coins.
Another thing to keep in mind is that BTC could skyrocket when/if CME gets bitcoin futures. If bitcoin hits 25K, which is very possible with all of the news lately about institutional investment firms coming on board.. well EOS isn't gonna be worth more than 5K sat..
I should also mention that this coin is in no way a scam. Dan is one of the most talented programmers in this space. When EOS does finally launch its gonna moon.