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Grechkatx
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June 02, 2018, 12:31:00 PM |
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Yes, at this time, all the coins show themselves well in the cryptocurrency market, and this coin is practically no different. And soon I am sure that , too, will take its and will have normalnog grow.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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candra raditya
Copper Member
Newbie
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Activity: 455
Merit: 0
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June 02, 2018, 01:17:41 PM |
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I did not copy everything on purpose so that everyone will read the whole article in the full. It's well written and might have covered the events accurately. Also, I checked some Ethereum forums and some people have said that ETH short selling is in an all time high in Bitfinex. Can anyone confirm if it is true?  An incredible trading volume of some 180,000 eth exchanged hands within that one hour on Bitfinex, up from around 20,000 an hour before hand.
That’s compared to somewhat usual trading volumes of around 20,000 eth on OKex and Gdax, suggesting clearly someone sold a lot of eth on Bitfinex.
On that same exchange, just before hand there were walls too, endless walls as far as traders are concerned, with a 20,000 bearwhale taken down then another one popping up until they may have lost patience and perhaps market sold.Read in full https://www.trustnodes.com/2018/05/28/eos-crashing-ethereum-300000-eth-sold-just-binance-lists-eos-usdtAlthough Eos is a very good coin with great features and potential to help it grow. But I do not think Eos will beat Eth, because Eth is still the best. |
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jc89
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June 02, 2018, 02:08:10 PM |
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As I have said in a different thread, it is too early to conclude about EOS overtaking ETH. The BTC and BCH scenario is the very best example for this.
I believe that the cause of massive selling of ETH is to get on board of EOS before it launches. Then many will go back to ETH after harvesting their profit. Basic of trading. ETH is still too powerful to be overtaken.
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bambazamba
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June 02, 2018, 03:53:35 PM |
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The theory seems about right . But lets not talk about it till it totally crash etherneum . Many coins have turned up against etherneum and bitcoin and seem to crash them , but that just couldn't really happen in my knowledge . The top 2 coins stayed where they were regardless of all the ups and downs . It is true that EOS is flourishing , but there is still a way to go to math the biggest dominating coins of the market.
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criptoman83
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June 02, 2018, 04:01:35 PM |
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EOS is positioned as a direct Ethereum competitor , although ETH is well funded and supported by the leaders of both the digital and the real sectors. Ultimately, the ETH still holds the advantage compared to EOS from the point of maturity view, the tools and the team.Although EOS is faster than ether, the decision-making mechanism is technically more vulnerable. Both platforms have a lot to work on, but app developers will be wary of releasing working code for EOS until the network is more Mature. Is EOS able to crush ETH? This will be clear only when the network will be fully operational.
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AjithBtc
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Vave.com - Crypto Casino
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June 02, 2018, 04:16:12 PM |
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Same as that ethereum grew in the past to reach the current price eos is growing in a gradual manner. In a very short time period with its increased trading volume and the circulation amount it has got listed among the top five digital currency. The same is termed to be a direct competitor to ethereum, but I don't think ethereum will be overcome by eos.
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hdclover
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June 02, 2018, 05:29:36 PM |
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EOS is positioned as a direct Ethereum competitor , although ETH is well funded and supported by the leaders of both the digital and the real sectors. Ultimately, the ETH still holds the advantage compared to EOS from the point of maturity view, the tools and the team.Although EOS is faster than ether, the decision-making mechanism is technically more vulnerable. Both platforms have a lot to work on, but app developers will be wary of releasing working code for EOS until the network is more Mature. Is EOS able to crush ETH? This will be clear only when the network will be fully operational.
Even though the ethereum is well funded it is no where near to $100+ million raised by EOS on over a period of an year. Still ETH is a better project as of now because there is no fully functional EOS blockchain. |
Blah blah
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allahabadi
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June 02, 2018, 05:35:49 PM |
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The point is that they are competing against each other.
Which is good for the growth of the Blockchain ecosystem, but trying to manipulate the market to cause crash is unethical. But this is also something that needs to be kept in mind while acting in an unregulated market.
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Makkara
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June 02, 2018, 06:03:58 PM |
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The point is that they are competing against each other.
Which is good for the growth of the Blockchain ecosystem, but trying to manipulate the market to cause crash is unethical. But this is also something that needs to be kept in mind while acting in an unregulated market.
I see the price of eth is still at the same level, i figure they didn't sell anything yet and as you say i find hard to believe they will try this move, eth will recover. |
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Maks.fadeev1978
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June 02, 2018, 06:40:14 PM |
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The point is that they are competing against each other.
Which is good for the growth of the Blockchain ecosystem, but trying to manipulate the market to cause crash is unethical. But this is also something that needs to be kept in mind while acting in an unregulated market.
I see the price of eth is still at the same level, i figure they didn't sell anything yet and as you say i find hard to believe they will try this move, eth will recover. No, the price of ether went up by almost $ 100. When the EOS team sold ETH it costs about $ 500, and now it is almost $600 for ETH. Therefore, we can say that the EOS team either did not reset the tokens or the market bought ETH with pleasure. In general, there was already a lot of ICO that promised to" crush " Ethereum, but at that moment ETH is the only one working platform on cryto. I mean global ecosystem, not local like NEO. |
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baienpee
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June 04, 2018, 05:11:46 PM |
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No, I think this is a hype. I don't think EOS is capable of defeating Ethereum. It takes at least two years. At the moment I think it has no value. I think you are boasting about it.
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lovita26
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June 06, 2018, 06:19:05 AM |
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EOS is not the only competition ETH is facing. There are new Platforms emerging almost daily. Of course most won't be able to compete with the "big ones" anytime soon, but better technology can be a reason to switch to a new platform.
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Snake9999
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Fast, Smart, Trustworthy
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June 06, 2018, 01:02:47 PM |
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I don't think EOS is the only competitor in Ethereum. I think Ethereum has many competitors. I think EOS is not an opponent of Ethereum. Those who advocate EOS. I do not support it. I don't like EOS, the cryptocurrency.
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big_daddy
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June 06, 2018, 01:49:11 PM |
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I don't think EOS is the only competitor in Ethereum. I think Ethereum has many competitors. I think EOS is not an opponent of Ethereum. Those who advocate EOS. I do not support it. I don't like EOS, the cryptocurrency.
of course ethereum has many competitors, EOS is the one for sure, but the best competitor & the one who can beat eth in a short period of time is Ven Chain Cause Ven is corporate only, think about it. |
If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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bigmelons25
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June 06, 2018, 01:54:57 PM |
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It's only temporary and pretty much over at this point. Eth and the whole crypto market should be starting another mega bull run soon.
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waaat?
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June 06, 2018, 02:02:16 PM |
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Not important when bullish market. Now EOS don't show anything valuable. And if EOS is ETH killer what team will do with their funds? Dump ETH price? Or sell a few for own salary? I think both projects will live all together
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xIIImaL
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June 06, 2018, 02:11:36 PM |
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I do not understand how this op defines and think that EOS is crashing the ethereum market. Not even worth compete the Monero, NEO and Zcash I hope. I did not mean about the price wise. Apart from rate there are many aspects you need to check while you are looking to invest on any coins, so as I got to know I do not find the big hope with the EOS in future mate.
If you want to invest the altcoins for short term trading you can choose EOS as the option there is no other go dude.
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Klovezio
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June 10, 2018, 06:04:37 AM |
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Yeah good thing of EOS coin holder, it really has a potential to grow more but i don't think that it will crash the ETH so fast. EOS has a long way to go before it happens.
Yea, eos is quite good but not even close to ETH. How comes eos crash eth? Now market is totally red, any reason can be factor cause a coin to fall even severe. So how many factors cause ETH to fall? Many. Eos is one little element. |
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pinoycryptoes
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June 10, 2018, 09:29:22 AM |
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Not really since they have found out the vulnerability of EOS and it can be hacked easily.
I will not say not to invest on this project but their is really risk.
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wxxyrqa
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June 10, 2018, 11:08:30 AM |
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Not really since they have found out the vulnerability of EOS and it can be hacked easily.
I will not say not to invest on this project but their is really risk.
I think that if there is even a small risk, then this project needs to get rid of your attention. In any case, it has much more promising projects that can be invested. |
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