EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)

[Matic]

my goal is to get as many eos tokens as possible before the thing goes live. i am a firm beliver it will be huge. so this 1 year old ico is great for me. buy cheap tokens, wait for the price to rise 50%, sell, wait for it to fall buy back again and increase number of tokens all the time. only those that thought to make lots of $ in a couple of days are screwed here but they probably did not even read the whitepaper. this is a longterm hold.

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[5thangel]

my goal is to get as many eos tokens as possible before the thing goes live. i am a firm beliver it will be huge. so this 1 year old ico is great for me. buy cheap tokens, wait for the price to rise 50%, sell, wait for it to fall buy back again and increase number of tokens all the time. only those that thought to make lots of $ in a couple of days are screwed here but they probably did not even read the whitepaper. this is a longterm hold.

Very good long term thinking, i am totally agreed with you. HODL.

[catlovedog]

So this is basically an ETH competitor ?!

[astralliam]

If EOS can pull off millions of transactions per second, then EOS should be the most valuable coin.  However, they've never explained how they will pull this off.

Has EOS released any software yet?

I'm really stumped by EOS. It's promising the world, is it too good to be true.

It's raising potentially 100s of Billions of dollar, a crazy amount and this makes some people think therefore it must be able to deliver but I've seen the video of Larimer with a totally straight face saying theyre not investing any of that money in EOS. It's 'already built'.

From what I can see.

either EOS:

-is a scam
-will use some tricks to achieve its claims (eg it will achieve XXX as promised but down side it will also YYY - making it pretty usefully)
-Will be a revolution in blockchain. Upload your consciousness into EOS now and live forever

[Wekkel]

[...] but I've seen the video of Larimer with a totally straight face saying theyre not investing any of that money in EOS. It's 'already built'.

Lawyers 

[astralliam]

Wow. So basically we all have to believe Larimer is lying that the money really is to fund the platform even though he's telling us it isn't?

Personally I'm very there's any piece of software today, even most complicated thing imaginable, that could require more than say $10 million in order to build a useful MVP. 

I'm not casting judgement on him. I think he has every incentive to make something awesome. I'd love to know how and what the trade-offs might be. But I think he amount of money the project is getting is insane. That money couldn't be funding hundreds of other potentially break-though innovations.

[key_z]

New post by EOS.IO on Steemit discussing the EOS Application Stack:

Steemit Link

[Cryptoby]

Does somebody have the link so that I can have a look how much ETH is received for their daily 23h Tokensale?

Is there a site or this is listed? I think it has to be on the ETH-Blockchain but were do I see it?

Another question: Does somebody know how fast do you receive your EOS Token after one 23h round is over?

Thanks in advance ... 

[Wekkel]

https://eosscan.io/

[drekac]

https://eosscan.io/

This may be stupid question. If current ICO price is listed at $0.2615 and there is EOS selling on bitfinex for 0.7-0.8 usd, why can't I just buy at the ICO price and sell 0.6 higher on bfx? What am I missing here?

[key_z]

https://eosscan.io/

This may be stupid question. If current ICO price is listed at $0.2615 and there is EOS selling on bitfinex for 0.7-0.8 usd, why can't I just buy at the ICO price and sell 0.6 higher on bfx? What am I missing here?

A significant portion of the funding for each ICO funding period typically occurs in the last 5-30 minutes of the period. So what you see now (~$.026ish) isn't a terrific representation of what it'll price out to at the end. Look at the previous handful of funding periods to get an idea where it's clocking in (generally).

[drekac]

https://eosscan.io/

This may be stupid question. If current ICO price is listed at $0.2615 and there is EOS selling on bitfinex for 0.7-0.8 usd, why can't I just buy at the ICO price and sell 0.6 higher on bfx? What am I missing here?

A significant portion of the funding for each ICO funding period typically occurs in the last 5-30 minutes of the period. So what you see now (~$.026ish) isn't a terrific representation of what it'll price out to at the end. Look at the previous handful of funding periods to get an idea where it's clocking in (generally).

Thank you for explaining. Its funny to see how total contribution is falling with each period.

[zidorov]

EOS is a very promising project. otherwise, why would they become the project that earned the most. Main question is - for how long they would stay in leaders? Won't people stop investing since there is not much going on in develoment?

[GRR]

My, my, just when EOS was recovering a bit, the bear strikes again. It still is a solid project and if they succeed it will be a monster.

[krizniq]

if testnet will be ok, you don't have to be much worried about market-china-fud-sentiment

[Brilliantrocket]

The best part of such superdapp would be that people could actually earn money as dan did on steemit.. the people will love

[moemoolah37]

My, my, just when EOS was recovering a bit, the bear strikes again. It still is a solid project and if they succeed it will be a monster.

The ICO valuation is $1bn out of the gate. How high can it get, $100bn? I'm not betting on it. I'm out, sold all my tokens.

[krizniq]

https://eosscan.io/

This may be stupid question. If current ICO price is listed at $0.2615 and there is EOS selling on bitfinex for 0.7-0.8 usd, why can't I just buy at the ICO price and sell 0.6 higher on bfx? What am I missing here?

because
USDT != USD

[favdesu]

The best part of such superdapp would be that people could actually earn money as dan did on steemit.. the people will love

yeah, those who followed dan to steemit made a good chunk of money. I'm looking forward to EOS

[holdemgosu]

can someone eli5 on what purpose the actual EOS coin on the main net will have?

I read the whitepaper and don't really understand what value it has.