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Author Topic: Is EOS dead?  (Read 536 times)
CryptocurrencyInvestor (OP)
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July 13, 2018, 01:14:57 AM
Last edit: September 03, 2018, 11:24:34 AM by CryptocurrencyInvestor
 #1

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July 13, 2018, 02:26:57 AM
 #2

"EOS runs on only 21 nodes that check and validate new transactions. Every 126 blocks 21 new nodes get elected by the stakeholders, which means every round an elected node ‘mines’ 6 new blocks. Blocks get produced every 0.5s, which makes 1 round last ~63s."

EOS looks quite centralized, and the price keeps tanking and tanking.

Recently it was announced that DIECI, a new smart contract platform targeting EOS will launch by the start of next year with decentralization "with no compromise". I, for one, have sold much of my EOS to anticipate this event. They have a lot of technical support and have done various tests to back up their claim, many are convinced.

I would like to see your views on this and how you think this will all play out.
EOS coins are the best development and they have a long history of being known. I think EOS is showing a recent lack of development because they have not yet been able to create a formal platform and continue to delay time. For me, considering EOS investment is not a good choice as the EOS price may fall further in the future
MigoAmigo
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July 13, 2018, 02:30:06 AM
 #3

LOL. ya its dead... totally dead.. I mean, I'm pissed I'm only up 1000% on EOS! This "crash" will look like a little blip in a few years. In 2014, "it was all dead", most sold at -$200 or lower to keep some of what they had invested. Largest financial mistake ever made by all of those sellers, that's the point of holding. Now, you do need to hold certain projects, not just any "coin" will do this time.
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July 13, 2018, 03:06:09 AM
 #4

"EOS runs on only 21 nodes that check and validate new transactions. Every 126 blocks 21 new nodes get elected by the stakeholders, which means every round an elected node ‘mines’ 6 new blocks. Blocks get produced every 0.5s, which makes 1 round last ~63s."

EOS looks quite centralized, and the price keeps tanking and tanking.

Recently it was announced that DIECI, a new smart contract platform targeting EOS will launch by the start of next year with decentralization "with no compromise". I, for one, have sold much of my EOS to anticipate this event. They have a lot of technical support and have done various tests to back up their claim, many are convinced.

I would like to see your views on this and how you think this will all play out.

EOS is just resting for awhile from all of those hype that happened. But I know that EOS will soar high again like ethereum is doing and would try to boost up traders and investors to buy EOS again.
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July 13, 2018, 03:09:16 AM
 #5

Not dead but there is no way it can handle that market cap.  Its gotta come back down to earth and develop a strong product which outdoes the competition.  That competition includes Neblio.  Nevermind.  It's dead.  Neblio wins hands down.
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July 13, 2018, 03:11:07 AM
 #6

I think EOS is just because there were too many people paying attention to it in the early days, so now when the main network of EOS is online, there are fewer and fewer people paying attention to it, so you have such remarks.
EOS is still evolving. Grin

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July 13, 2018, 03:15:10 AM
 #7

Eos is still alive
BP indicates that bad BP has two aspects
The first one is an unidentified node; the other is a node that does not have the ability to guarantee the operation of the main network. It seems to be less than ideal, but I think this is only temporary, and there have been some cases before Ethereum.
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July 13, 2018, 04:15:41 AM
 #8

"EOS runs on only 21 nodes that check and validate new transactions. Every 126 blocks 21 new nodes get elected by the stakeholders, which means every round an elected node ‘mines’ 6 new blocks. Blocks get produced every 0.5s, which makes 1 round last ~63s."

EOS looks quite centralized, and the price keeps tanking and tanking.

Recently it was announced that DIECI, a new smart contract platform targeting EOS will launch by the start of next year with decentralization "with no compromise". I, for one, have sold much of my EOS to anticipate this event. They have a lot of technical support and have done various tests to back up their claim, many are convinced.

I would like to see your views on this and how you think this will all play out.

I think it is not dead, the eos price keep decreasing because many peoples trading ram. Peoples who sell ram will receive EOS,
So their EOS is added more. And they can sell their EOS in the market, resulting EOS price dropping.

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July 13, 2018, 04:41:23 AM
 #9

EOS is the one of the good project in crypto market and it s good potential coin so there is no chance to EOS dead, in coming months have good updates on so EOS will reach huge price, some ICOs planning projects with EOS if it happen then EOS will reach top 1 to 3 position
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July 13, 2018, 04:58:35 AM
 #10

"EOS runs on only 21 nodes that check and validate new transactions. Every 126 blocks 21 new nodes get elected by the stakeholders, which means every round an elected node ‘mines’ 6 new blocks. Blocks get produced every 0.5s, which makes 1 round last ~63s."

EOS looks quite centralized, and the price keeps tanking and tanking.

EOS is one of the worst cryptocurrencies out there. It literally is designed to not be like any other cryptocurrency. It is centralized with the 21 "block producers", it is no longer immutable as they rolled back the blockchain nearly day one, and then they have the ability (and audacity) to freeze wallets? This means that it's not censorship resistant either, which is a huge and fatal issue. In the crypto world no one person, or group of people, should have the ability to stop users from accessing their funds no matter what.

I can't believe they had to pause the EOS blockchain so early. I mean bugs are understandable, sure, but ya know, that's what the $4 Billion dollar ICO was for, development right? Pausing the blockchain is so insane to me. How many times have you ever heard of a Blockchain being paused? When has Bitcoin/litecoin/eth/*insert any other crypto here* blockchain been paused? Blockchains should operate 24/7/365 without interruption, bug or no bug.

Ok, so this "cryptocurrency" is actively doing the exact opposite of what cryptocurrencies try to achieve: Censorship resistance, immutability, and decentralization. Whats next, security? Not only that, but if wallets can be frozen dApps can surely be stopped. I wouldn't touch EOS with a 10-foot pole. And holy moly was the ICO long and drawn out. Why again did the devs need $4 Billion to develop EOS? Last time I checked $0 Billion was raised to develop Bitcoin. dPOS has yet to prove itself too, I am highly skeptical to say the least.

IMO EOS is just a Ponzi scheme disguised as a cryptocurrency. Newbies will buy the bags off of rich hodlers with the promise of them getting free money with worthless airdrops. This is not sustainable, there is no such thing as free money. I sound like a grumpy old man, but I just cannot get behind EOS with these 21 block producers. It is far too centralized, far beyond any other coin (besides XRP/STR obviously). I'm sure I will get flamed for this post but we all have a right to voice our opinion, so flame me if you like, you have the right to do so.

Recently it was announced that DIECI, a new smart contract platform targeting EOS will launch by the start of next year with decentralization "with no compromise". I, for one, have sold much of my EOS to anticipate this event. They have a lot of technical support and have done various tests to back up their claim, many are convinced.

I would like to see your views on this and how you think this will all play out.

Oh great, looks like you just created this thread to covertly advertise whatever the hell DIECI is. Yeah, I'd definitely stay away from that one. EOS is a better bet than that and that says a lot.
Gracie12
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July 13, 2018, 05:06:09 AM
 #11

I bought a lot of eos, but I found that the price of eos is getting lower and lower. Eos has only just been launched on the main network so far, and the price has dropped by 70%, which is no different from fraud encryption.
Sergey9921
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July 13, 2018, 05:07:26 AM
 #12

"EOS runs on only 21 nodes that check and validate new transactions. Every 126 blocks 21 new nodes get elected by the stakeholders, which means every round an elected node ‘mines’ 6 new blocks. Blocks get produced every 0.5s, which makes 1 round last ~63s."

EOS looks quite centralized, and the price keeps tanking and tanking.

EOS is one of the worst cryptocurrencies out there. It literally is designed to not be like any other cryptocurrency. It is centralized with the 21 "block producers", it is no longer immutable as they rolled back the blockchain nearly day one, and then they have the ability (and audacity) to freeze wallets? This means that it's not censorship resistant either, which is a huge and fatal issue. In the crypto world no one person, or group of people, should have the ability to stop users from accessing their funds no matter what.

I can't believe they had to pause the EOS blockchain so early. I mean bugs are understandable, sure, but ya know, that's what the $4 Billion dollar ICO was for, development right? Pausing the blockchain is so insane to me. How many times have you ever heard of a Blockchain being paused? When has Bitcoin/litecoin/eth/*insert any other crypto here* blockchain been paused? Blockchains should operate 24/7/365 without interruption, bug or no bug.

Ok, so this "cryptocurrency" is actively doing the exact opposite of what cryptocurrencies try to achieve: Censorship resistance, immutability, and decentralization. Whats next, security? Not only that, but if wallets can be frozen dApps can surely be stopped. I wouldn't touch EOS with a 10-foot pole. And holy moly was the ICO long and drawn out. Why again did the devs need $4 Billion to develop EOS? Last time I checked $0 Billion was raised to develop Bitcoin. dPOS has yet to prove itself too, I am highly skeptical to say the least.

IMO EOS is just a Ponzi scheme disguised as a cryptocurrency. Newbies will buy the bags off of rich hodlers with the promise of them getting free money with worthless airdrops. This is not sustainable, there is no such thing as free money. I sound like a grumpy old man, but I just cannot get behind EOS with these 21 block producers. It is far too centralized, far beyond any other coin (besides XRP/STR obviously). I'm sure I will get flamed for this post but we all have a right to voice our opinion, so flame me if you like, you have the right to do so.

Recently it was announced that DIECI, a new smart contract platform targeting EOS will launch by the start of next year with decentralization "with no compromise". I, for one, have sold much of my EOS to anticipate this event. They have a lot of technical support and have done various tests to back up their claim, many are convinced.

I would like to see your views on this and how you think this will all play out.

Oh great, looks like you just created this thread to covertly advertise whatever the hell DIECI is. Yeah, I'd definitely stay away from that one. EOS is a better bet than that and that says a lot.
This is pretty much entirely accurate, EOS was never alive, it's a great profit making scheme. Only took a year to get 6,533,200.75 ETH in exchange for a buggy broken centralized blockchain.

Also it is good to mention that almost every single Block Producer is elected by Bitfinex, they control EOS as they control who gets elected. http://eos-bp-votes.dapptools.info/#/block-producers
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July 13, 2018, 05:21:09 AM
 #13

I think EOS is not dead may just decrease it's a natural thing, eos this kind of altcoint is feasible to calculate step by step will experience a better development, and of course for the future will be many who will invest in this EOS
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July 13, 2018, 05:33:49 AM
 #14

EOS has collected 4 Billion dollars from their 1 year-long ICO. I'm sure that a project that has this kind of money on their hands can't just die. They should be able to build a really innovative technology, as Ethereum did it with only 15 Million dollars raised in their ICO.

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July 13, 2018, 05:37:57 AM
 #15

EOS has collected 4 Billion dollars from their 1 year-long ICO. I'm sure that a project that has this kind of money on their hands can't just die. They should be able to build a really innovative technology, as Ethereum did it with only 15 Million dollars raised in their ICO.
I was laughing so hard about that. They have been collecting 4 billion worth of ether to build a crap blockchain and they have been taken their 4 billion dollars and they have no any ethereum to be dumper again right now. That's shitty asshole blockchain. There is so many vulnerabilities. garbage blockchain should not be exist.

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July 13, 2018, 05:42:00 AM
 #16

EOS is not dead and actually is in it's fetus stage still to born.
Your decisions to sell of your EOS is a good one. EOS had a great rise and we cannot expect a large bull on EOS anytime soon unless a lot of dapps adopts it's platform. So, it'd be better to sell your EOS now and buy it a year later.
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July 13, 2018, 06:10:29 AM
 #17

it is not dead, all crypto prices has gone down, but it doesnt mean that it is already dead. selling it will do nothing but a loss for you.

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July 14, 2018, 06:20:08 PM
 #18

The launch of EOS was good, but probably due to the poor management team behind it and inadequate marketing plan the coin has decreased in popularity. I would say this is not a good time to buy EOS token but rather wait for a while and find other coin to invest money in.
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July 14, 2018, 06:21:24 PM
 #19

I didn't even hear the name of this DIECI coin you are talking about. I don't think EOS is dieing and there is no reason for thinking like that. You are creating issues out of no where just to spread some negativity. Eos is a very potential coin and it will go much far in future. Just mark my words.
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July 14, 2018, 06:27:58 PM
 #20

EOS can never die. Crypto can only fall when there are no transactions with it. It is likely that at the moment the low EOS trading demand will lead to lower exchange rates as well as volume and market cap. But once still top 10 listed on the CMC, the crypto is still very potent.

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