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RE: Is EOS on the way to be the Ethereum killer? Dawn 3.0 Alpha Release
Even people who buy in now will still be early adopters if EOS can fulfil it's potential, it's not too late
Even people who buy in now will still be early adopters if EOS can fulfil it's potential, it's not too late
Yes, I know. And I know it shouldn't matter at what price one buys in at, assuming it will yet grow by many hundreds of percent. Of course, it's psychologically demanding to look at the reality of having lost the opportunity of making X20 your money already. But yes, I shall make a decision about EOS in the coming days.
Yeh I've been kicking myself too, it's always easy to say I should have done this or that with hindsight. Maybe if you don't buy Eos now you'll be looking back in a couple of years with the same feeling you have now
At a $5 billion market cap (and it was $10 billion just a little back), that's not very early adopters anymore I'm sorry. On the stockmarket that'd be called a 'mid-cap' company. Not even small-cap, let alone penny-stock or 'early adopter'. And this is for a 'company' that in this case hasn't even released its first product yet (so its 'early' in that sense of having no product yet, just not so early in the sense of its price).
Just to put things into perspective for you.
Is it right to compare it to a stock though? It's not intending to be a company, if the team fulfil their vision it will be much more than that. I agree that in many senses it's overvalued considering it doesn't have a working platform yet, but investors are taking a risk based on potential, and the quality of Dan's previous projects
Sure, the comparison with stocks is just to give one/some perspective. It's obviously tricky to compare these things with anything that's come before.