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Author Topic: A few questions about EOS  (Read 664 times)
Peter1984
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June 23, 2017, 08:13:10 PM
 #1

This must be the strangest ICO to date and I'm trying to figure out the implications of this model.

I read someone complaining that the year long ongoing ICO will be a way to drive the price up, another person complained the opposite, that it would drive the price down. Will it do one or the other? Will the price be decided every day anew? Always divided among the participants? That would turn it into a kind of Russian roulette, no? One day less people participate and you get more. Another day lots of people participate and you get hardly anything.

Is that what it's going to be? So the daily ICOs will compete with the price on exchanges? I hope someone can explain the implications without just FUDing or shilling, meaning a proper discussion would be more interesting then a collection of opinions on how great/shitty this ICO is.

Also, as far as I understand the EOS tokens which are dirstributed during the ICO are just placeholders (on the Ethereum blockchain) which can be traded but after the ICO phase is over they will be frozen and non transferable on the Ethereum blockchain. What happens then? You can exchange them for proper EOS coins?
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dtvsupportor
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June 24, 2017, 06:14:29 AM
 #2

Winter is coming!
SimonJones
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June 24, 2017, 06:35:12 PM
 #3

The price will probably be stable throughout the year. If they come up with good news price per token will increase as more buyers come in and similarly if there's bad news or slow progress in development, price will decrease.

Best thing everyone can do now is not to buy in the starting 5 days.

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June 25, 2017, 09:53:31 AM
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I encourage you to check out this video which explains how it all comes together into a holistic infrastructure of EOS that enables a lot of new possibilities.

https://m.youtube.com/watch?v=MUZWZj1pu94

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June 25, 2017, 10:49:39 AM
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I prefer simpler traditional ico. This one is just too complex for me. We'll see a lot of complaints.

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June 26, 2017, 11:23:54 PM
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Yes it is really complex. But I think it will replace Ethereum. https://eos.io has all chances to do it
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June 30, 2017, 09:16:42 PM
 #7

Hi,
    I just wanted to know when using the EOS token distribution APP on the website. I see that I can choose which period to put ether in. Does that mean I can put ether in a different period and I will receive tokens when that period is closed? If so can I go ahead and put ether into that period right now or do I have to wait for that period to begin. I'm confused because there is a drop down box in the contribution period section. Can someone help me clarify this. Thank you.

-Kevin

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June 30, 2017, 09:19:34 PM
 #8

do not buy it. it will not hold, there will be periods of crash where u can buy way cheaper.

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June 30, 2017, 09:44:25 PM
 #9


I understand that,  I just wanted to know when using the EOS token distribution APP on the website. I see that I can choose which period to put ether in. Does that mean I can put ether in a different period and I will receive tokens when that period is closed? If so can I go ahead and put ether into that period right now or do I have to wait for that period to begin. I'm confused because there is a drop down box in the contribution period section. Can someone help me clarify this. Thank you.

-Kevin

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