EOS

[MysticMelody]

I know it is somewhat controversial coin. Some love it some hate it. I personally like an IDEA.  But as we all know "all good intention lead to hell"
Having said that, I am still thinking to invest small amount in eos coins.
Therefore, I am curious if EOS coin will depreciate further . At the present time it is trading around 4.5$ . However with a market going down. i THINk it will reach lower bottom of   1.5-2$ pc (per coin). what do you think?


Declaimer: I am new to crypto and I am still on a learning curve (but i have  general understating of blockchain technology, "general" is a key word ). What I lack is understanding of how crypto market works . To apply usual stock market patterns is not working here (or at least they are NOT THAT reliable in my opinion )it is unbelievable how fast and volatile it is. (seriously "in a blink of an eye" would be a right expression here).

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[siddartha1492]

Well the main point of EOS is faster and cheaper transactions with a developer and token ecosystem like that of ETH. It is a indeed a competitor to ETH, until ETH can scale to at least hundreds of transactions per second. But the main selling point of EOS is actually not the tech or community or idea, but the guy behind it. People have actually bet on Dan Larimer who has in past launched successful projects like Bitshares and Steem.

So overall, I think EOS is worth investing in. It was the biggest ICO till date and if you look just investment wise, then I think currently the entry point is good. As for how usable EOS is, then we'll have to wait for a while.

[MysticMelody]

Indeed! there are no  "products" there per ser. and it somewhat concerns me.

[The_Dark_Knight]

I know it is somewhat controversial coin. Some love it some hate it. I personally like an IDEA.  But as we all know "all good intention lead to hell"
Having said that, I am still thinking to invest small amount in eos coins.
Therefore, I am curious if EOS coin will depreciate further . At the present time it is trading around 4.5$ . However with a market going down. i THINk it will reach lower bottom of   1.5-2$ pc (per coin). what do you think?


Declaimer: I am new to crypto and I am still on a learning curve (but i have  general understating of blockchain technology, "general" is a key word ). What I lack is understanding of how crypto market works . To apply usual stock market patterns is not working here (or at least they are NOT THAT reliable in my opinion )it is unbelievable how fast and volatile it is. (seriously "in a blink of an eye" would be a right expression here).

You cannot apply technical analysis to most coins because one of the things you need is a market big enough that is not subject to heavy manipulation and sometimes not even bitcoin fits that definition, that is why many prefer to trade the news, now about EOS, to me even if it sounds unpopular it is just another coin that has been pumped a lot, so I do not think it is a good idea to buy now.

[Mr.Gun]

EOS I think this is an altcoint type that deserves to be considered, indeed the development is not as good as ethereum but I am sure for the future its growth will certainly be even better, and it doesn't hurt if you start investing in eos

[MysticMelody]

anybody else?

[ZoomhashLLC]

Well the main point of EOS is faster and cheaper transactions with a developer and token ecosystem like that of ETH. It is a indeed a competitor to ETH, until ETH can scale to at least hundreds of transactions per second. But the main selling point of EOS is actually not the tech or community or idea, but the guy behind it. People have actually bet on Dan Larimer who has in past launched successful projects like Bitshares and Steem.

So overall, I think EOS is worth investing in. It was the biggest ICO till date and if you look just investment wise, then I think currently the entry point is good. As for how usable EOS is, then we'll have to wait for a while.

Quality reply. Dan Larimer has definitely struck success already with Bitshares and Steemit.

Here is his Steemit introduction from a couple years back:
https://steemit.com/introduceyourself/@dantheman/daniel-larimer--co-founder-of-bitshares-steemit

[Patatas]

At the present time it is trading around 4.5$ . However with a market going down. i THINk it will reach lower bottom of   1.5-2$ pc (per coin). what do you think?

It's always a hit or a miss case with such coins. No one can predict how the market would move unless you are one of the whales. They are also very easily manipulated. It's always wiser to invest when the market is down. I suggest, wait for a week and see if it's going down further or showing an increment.

Declaimer: I am new to crypto and I am still on a learning curve (but i have  general understating of blockchain technology, "general" is a key word ). What I lack is understanding of how crypto market works . To apply usual stock market patterns is not working here (or at least they are NOT THAT reliable in my opinion )it is unbelievable how fast and volatile it is. (seriously "in a blink of an eye" would be a right expression here).

You need to read more and experiment with different trading methods to see which one works out the best for you. There isn't a general method that would always work. Not very diferent from the stock market.

[quick_success]

EOS after going to the famous crypto exchange has reduced its price. Without a doubt, the EOS will regain its positions and continue to rise in price. Therefore, today the price of $ 4.9 is very low and promising.

[akunta]

I know it is somewhat controversial coin. Some love it some hate it. I personally like an IDEA.  But as we all know "all good intention lead to hell"
Having said that, I am still thinking to invest small amount in eos coins.
Therefore, I am curious if EOS coin will depreciate further . At the present time it is trading around 4.5$ . However with a market going down. i THINk it will reach lower bottom of   1.5-2$ pc (per coin). what do you think?


Declaimer: I am new to crypto and I am still on a learning curve (but i have  general understating of blockchain technology, "general" is a key word ). What I lack is understanding of how crypto market works . To apply usual stock market patterns is not working here (or at least they are NOT THAT reliable in my opinion )it is unbelievable how fast and volatile it is. (seriously "in a blink of an eye" would be a right expression here).

yes. eos is worth  of consideration. if you are new, it is still a good option. you see what is going on now - the market gets a bit up. buy now maybe?

[alvaro damar]

Having EOS coins is a claim for server resources. A developer must have EOS coins to use the EOS blockchain. The developer will not spend coins to use server resources, he just needs to prove that they hold it.