EOS ICO valuation 243.000.000

[Alttrader203]

EOS is valued 243m already...

This ico period has 200m tokens, already 222k ETH invested.
At 219$ each, invested amount is worth 49M $, leading to 243m $ for the total billion tokens to be created coming year.

Unless people will value a non existent non proven code in top10, this is massively overpriced!!!

My suggestion: buy on any day later in the process. This is too expensive to buy!

Most likely more people will invest in this period even pushing the valuation higher. Making any returnnimpossible.

The think ioata? Key difference is iota whales are still holding before dimping. Eos will have people dumping as its not capped.

Watch out!

This is not a tech review, pure a financial review

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[Jumanji7]

The distribution of this token is very complicated. If for example they raise 1,000,000 eth for 200,000,000 eos tokens during the first period, does this mean that 1 eos=0.005 eth (1,000,000 eth : 200,000,000 tokens) ?

[Alttrader203]

The distribution of this token is very complicated. If for example they raise 1,000,000 eth for 200,000,000 eos tokens during the first period, does this mean that 1 eos=0.005 eth (1,000,000 eth : 200,000,000 tokens) ?

Yeah. And that would imply the business is worth 5,000,000 eth : 1b$

[MisO69]

This is only day 2 for the 200 million EOS. I wonder how much more it could go up. My guess is they will raise 200 million USD in this first batch. Making this a 1 billion dollar blockchain right out the door.

[wantangcfftc020]

I do not understand the fact, the EOS has collected a lot of ETHs, however, the price of the EHT is still going down significantly.

[Cryptoipad]

I do not understand the fact, the EOS has collected a lot of ETHs, however, the price of the EHT is still going down significantly.

It's because EOS Will replace ETH as the go to smart contracts platform. All ETH holders see this..

[jwsu1113]

i refuse this ICO ,the marketcap is so big ,i can't get any profit from this token ,hold my EHT even price is going down now .
good luck with whom invest EOS.

[clardalan]

i refuse this ICO ,the marketcap is so big ,i can't get any profit from this token ,hold my EHT even price is going down now .
good luck with whom invest EOS.

agreed.
before they replace ETH, ETH can upgrade its code.

ETH has a working product. EOS has nothing. TOo high 243m...

Means minimum 1bln opening price to be at least considered a decent risk/reward.

[bitofc]

the way the EOS ico is running, sounds very bad for early investors.
imagine the subsequent 360 days ICO, each day has to have at least 1% of the total first 5 days investment to maintain the price, the early investors are going to have a nervous time for the rest of the year!

[clardalan]

the way the EOS ico is running, sounds very bad for early investors.
imagine the subsequent 360 days ICO, each day has to have at least 1% of the total first 5 days investment to maintain the price, the early investors are going to have a nervous time for the rest of the year!

that is why I am not buying.

I understand this is a price discovery mechanism. But almost certainly, 1 of the 200 days someone else will get a better deal.

200 days consistency in crypto is impossible.

[rdnkjdi]

the way the EOS ico is running, sounds very bad for early investors.
imagine the subsequent 360 days ICO, each day has to have at least 1% of the total first 5 days investment to maintain the price, the early investors are going to have a nervous time for the rest of the year!

that is why I am not buying.

I understand this is a price discovery mechanism. But almost certainly, 1 of the 200 days someone else will get a better deal.

200 days consistency in crypto is impossible.

I think they said they are using the presale money to pump up the price.  Something about "recycling the funds".

I have no interest in it whatsoever.  They plan on letting someone else launch a chain (or launch their own with a second ICO) using whatever they develop with the money raised.  These minus well be Barney tokens.

EOS could replace Ethereum and you'd still be left with a worthless token as it would be doing so under an actual chain that someone else would own. 

"Her dur well I helped pay to fund your chain and tech"

"Cool story bro.  Too bad you don't own any of it."

[Dima7ero]

https://EOS.io created awesome system to kill ETH and grow. Right now I would say, EOS - king of ETH.

[RewFrew]

This is only day 2 for the 200 million EOS. I wonder how much more it could go up. My guess is they will raise 200 million USD in this first batch. Making this a 1 billion dollar blockchain right out the door.

You are right.

The era of 1 Billions lunched coins its just started. First IOTA then who next..

thats just insane..

[bitofc]

Wonder why Dan would not want to implement EOS on bitshares, but create a new system to collect more $$$$ ?
The only motive seems to be getting more $$, then create another new project to collect more $$$, and continue to do so.

[mrttt63]

Well - I think the only winner will be Block.one they have transferred those 100mil tokens to them it seems 7days ago if you search etherscan. So now do your calculation and as the price goes up this goes up. Haven't done the calculations but if I trust the previous message to be correct ie eosscan.io then they are worth 31mil by now. So to get into EOS cheaper I am buying BCAP tokens - they are investors in Block.one. As a Venture Cap Fund they raised 10mil recently with BCAP tokens and am sure it was for this day!!! or rather 7days ago!!! to invest in EOS via Block.one and also other blockchain tech. Would my thinking be correct??? Co-founder Brock Pierce is on both teams!!! Appreciate any thoughts.

[CoinJob]

To me, this is crazy. So many better ICOS to invest in.

[Cryptagio]

Cryptagio exchange has now listed the EOSIO-based EOS token for trading! Trade NOW at https://cryptagio.com/

Read more: https://medium.com/@cryptagio/new-listing-on-cryptagio-eos-token-cda0061c878b

[bitok_1979]

I bought a little EOS I think soon it will show itself especially in relation to the ETH I think the price will be very different from the one that exists for it now

[geminiboy]

the decline in EOS prices from the end of April from $ 21 to the present price of $ 5, this is the right time to buy as much as possible, never hesitate to invest in EOS, the future is waiting

[Icwt]

I’m still on the fence with EOS and I’m not too sure why.  I remember looking at it around $1.80 and thinking I’ll leave it, then it took off and thought well it’s too late now and it’s been on my watch list ever since.  Is it still a worthwhile investment?

[rayk]

This is only day 2 for the 200 million EOS. I wonder how much more it could go up. My guess is they will raise 200 million USD in this first batch. Making this a 1 billion dollar blockchain right out the door.

You could even raise billions of dollars in that period of hype, I would not call them valuation etc. The actual valuation is about how much it can give back.

[Toshin_Raizen]

Invest in EOS. The very blockchain with real use case.
https://imgflip.com/i/2g3pyh