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RE: Putting EOS into perspective
Thanks for your comment @daxso! At this point I think sentiment and FOMO is taking over and the 2 million tokens a day will not stop the price going up, it definitely hasn't stopped it so far!
Just think, if it's doing this now with inflation, what's going to happen at the end of the ICO...
I hope so. With the test net and Dawn 3.0 coming soon, developers and investors will start buying behind the scenes after using the test platform. Hopefully the growth of the market can absorb this inflation for the next 6 months. Happy holidays!
Here's a chart to really spend some time thinking about.
EOS is currently in an upward logarithmic channel, just as Bitcoin has been since the beginning of this long bull run. If, and I say if, this trend holds, we will see $100 by February, and $1000 by May.
I wouldn't bet against it!
https://www.tradingview.com/chart/EOSUSD/J50DZRvA-Bulltard-warning-EOS-is-going-logarithmic-1000-by-May-2018/