EOS - SCAM OR NOT? BUY OR NOT?

[Skieleton]

scam as to what you mean, eos has entered various exchanges. I see eos have considerable value and this might be potentially a strong contender for altcoin on its top.

This is a quote:
"1. there is no EOS platform as of yet, we are talking about a fork of BitShares. again: there is no functional platform whatsoever as of yet.  In other words: a mere promise is being sold

2. 1 year long ICO to collect a significant percentage of the entire ETH supply. Nobody would ever need this much money to create the platform. Astronomically more money is being raised than would ever be required. First day (of 350 more days) only: $181,295,950 (ico address here, also note the ETH that has already been moved out)

3. creates a fake sense that EOS is a true competitor to Ethereum, but in reality EOS as of now is a simle token run on the Ethereum platform

4. uses ETH raised in the ICO to generate fake price and fake demand on exchanges
Quote from: tobeaj2mer01 on July 03, 2017, 06:50:33 AM
The price in only hype thing, EOS team use ETH from crowdsale to hype market, they send 20000ETH to Bitfinex and 2000 ETH to Kraken to do hype, for yunbi.com, lixiaolai is an investor/co-owner and he is member of EOS team too, so the hype in yunbi is crazy.

https://etherscan.io/address/0x9937dbb2128b55c44d8af7bf36fd76796a814cf4#internaltx

In summary,nothing much, just hype with the money from investors, not sure whether this is legal or not."

Maybe it's about the threat to ETH itself. Maybe that is why EOS is attacked?

5. let people buy in, milk the crowd who doesn't know better!

[rommelzkie]

EOS is the next Ethereum. it solves the scalability issues under Ethereum network. If ETH will not upgrade or find a way to hasten their network slowdown then there is a higher chance that EOS will overtake ethereum in the near future.

EOS ICO is about to end. and when that happens EOS price will shoot up.

EOS is known as ETHEREUM KILLER

[babsjoe]

As long as EOS is yet to bring something of value on board, i will still be on the sideline as far ad EOS  is concern. EOS has no singke service or tech thst can compete witg ethereum yet EOS is been hyped to be better!

[googs84]

I dont think it is a scam project. It would have never ended up in the Top 20 if that would have been the case.

EOS deve team is planning on releasing the hard fork and some major upgrades soon and what you seeing in the current market is nothing but the hype for the same. This is just the start of this coin to grow bigger and time will tell how far it can go.

We know very well coins which were once called the scam one are ruling the world today. So better watch and differentiate between the scam and legit projects. EOS is something good.

[dianikusuma]

EOS, for now, occupy the top ten coins in the coin rate. funny if say this is a scam. It seems to me quite the start investing on the EOS is the right choice for the long term. These coins still have great opportunities to raise the price to be higher.

[Skieleton]

Maybe it's about the threat to ETH itself. Maybe that is why EOS is attacked?

[straimrpl777]

This is the best crypto project in the last few years. And now no matter how much it costs the price for it will grow tens of times. Recently, I found EOS Gold in my purse, but it turned out to be a scam)

[itsv]

well i don't think its a good time to buy right now .. there is hype about this project and there is also some negative press about it and if you think logically they have raised tons of money without a working product as of yet and it's been a year since there ICO!! Lets see what happens in June ..

[vijethk]

I dont think EOS is a SCAM.. their team seems good.

[Thefrolly]

I would say wait for them to launch their own chain before going all in. Just invest a small amount now if you are feeling FOMO. Otherwise I would wait for their chain to become functional before diving in. As, if anything goes wrong then it wouldn't take much for the price to drop fast and heavily.

[potassium40]

I think EOS is one of the projects that has potential to be really useful.

[marcripto]

EOS has reached the top in the cryptocurrency market because it has an excellent project, a high quality team and the potential to continue to grow a lot in the future. It can not be considered a scam, I do not think that until today there are elements that say this, but it is clear that, like a little bit all other cryptocurrencies, it is a high risk investment

[Dreamlandzoom]

The project doesn’t look like scam at all. And you are probably late with question like that. Also Its not the best time to buy now if you are looking for long term investment. The price should drop by at least 30 percent from current. That will be the time to consider it. Will it give you some gain or not will depend on how EOS is going to be used. For now, I don’t see much of the use, only great work of the team behind EOS. I had some of EOS for few months, I sold it just recently hoping that it will drop in price soon and I can buy it back to keep again

[Skieleton]

It's nice,  but does anyone have have a lot of these coins? My question is still valid, is it worth buying because EOS is a  new ETH? At least they say there.

[IrenNTA]

How EOS can be a scam? There's so much hype around it now. Everyone wants to win the vote to become a Block Producer. So I don't see any reason to call it scam. More of that, I believe it can really become the main competitor for Ethereum.

[Prodigye]

EOS is most definitely not a scam, they are simply a new project that is still in development. I'm 100% sure that in the future it will be just as if not even better than ethereum as a platform for dapps, despite this though right now would not be a good time to buy as it just had a bull run and is correctin with all the other alts.

[pinkcryptored]

EOS is most definitely not a scam, they are simply a new project that is still in development. I'm 100% sure that in the future it will be just as if not even better than ethereum as a platform for dapps, despite this though right now would not be a good time to buy as it just had a bull run and is correctin with all the other alts.

i totally agree with that. EOS is way overpriced, it's not finished yet

[pinkcryptored]

I think EOS is one of the projects that has potential to be really useful.

we will see... . Other projects do not sleep

[TheAlchemist]

Now EOS is quickly pumped up. The price soared very quickly. But it's not because it's a scam, it's a pump. People expect a lot from this project, everyone buys because they want a coin, which can potentially replace Ether. Ethereum needs to be altered, modified, supplemented, but EOS was originally conceived without problems with scaling.

[Skieleton]

Now EOS is quickly pumped up. The price soared very quickly. But it's not because it's a scam, it's a pump. People expect a lot from this project, everyone buys because they want a coin, which can potentially replace Ether. Ethereum needs to be altered, modified, supplemented, but EOS was originally conceived without problems with scaling.

Do you think that will happen? Eth is the foundation of the entire system. It's just as they loaded that BCH will be the new BTC and nothing came of it ... Buy it?