20190814 EOS bad summary

EOS's recent market value ranking has fallen very fast, to 8, so if it goes on, it will be driven out of the top 10, naturally there is nothing good to say.

Let's write about the shortfall of EOS.

People in heavy storage EOS had better not watch it, lest your heart can't stand it.

1. EOS Inflation

The total amount of Bitcoin is 21 million, the total amount of Wright coin is 84 million, and BNB is finally destroyed to 100 million. The inflation rate of Etaifang is unknown. EOS inflation is 1% per year. (Strictly speaking, EOS inflation is 5% per year, 1% is allocated to super nodes, 4% is locked, locked by the node vote to decide how to deal with.)

Although the annual inflation rate of 1% is not high. But infinite inflation and infinite aggregate do not give people a good impression. The last currency that was suspended because of infinite inflation was called "dim sum". In fact, the inflation rate was very low.

Personal Suggestion: BM holds $4 billion in hand, but it's idle anyway. In the first 10 years, 1% of EOS is bought back from the market every year and destroyed to keep the total amount of EOS unchanged. Ten years later, EOS would have been a big success if it hadn't died. Inflation of 1% would not matter.

1. Decline of DAPP popularity

DAPP on EOS has been very popular for some time, especially spinach DAPP. But after losing a lot of players, they finally got it and stopped playing.

How to boost DAPP, BM currently has no good way, he may want to make a DAPP (voice) to take the lead.

1. The $400,000 raised by EOS is mainly used for financial investment.

The $4 billion raised, bought 140,000 bitcoins, a number of government bonds, made some investments, and bought a domain name voice.com spent $30 million to prepare another $120 million to build it.

I have to admit that it is a very wise investment for BM to sell the Ethereum that was raised and exchange it for Bitcoin and Treasury bonds. But for now, this wise investment has not made EOS holders profitable. Because the proceeds from the investment were not used to repurchase and destroy EOS, and no other big moves were seen.

BM may refute that his team has expanded to more than 200 people and the team is really doing something.

But verbal rebuttals are always without the currency price rebuttal.

1. The EOS super node is controlled by the Chinese, or more precisely by the Chinese exchanges.

EOS's super nodes seem to unite a lot of big forces. But the nodes (exchanges) are competitive and cannot form a synergy.
5, the competitors are strong, cross-chaining, the Ethereum is about to evolve, the super-chains are surging

ETH's V God is trying to do Ethereum 2.0, layering\expanding one can not be less, also trying POS, stop paying electricity charges; cross-chain projects led by Boka, Astro Boy, etc. are slowly advancing; recently A few super-public chains with large financing, strong background and fierce teamwork have emerged, which will inevitably attract limited funds and attention.

7, enumerated so bad, so I want to sell EOS?

Investment must be considered by yourself and responsible.