EOS Black - On Its Way Back to Reality
I wrote a post 27 days ago detailing out my cashing out of EOSBlack HERE thinking that it had gotten way ahead of itself. I didn't get out at the top (around .052 EOS/Black), but I still managed to seemingly get out in time.
The price has crashed in the past few days and is now currently sitting around .03218 EOS/Black. A 700% move was clearly unsustainable.
EOS BLACK is an interesting VC funding concept and if they hit a few home-runs, a current valuation of about .10 cents USD might be cheap but its still way early for this type of valuation.
Their roadmap is still at least a year out from doing anything to justify the valuation it was at a few weeks ago and probably still today, but that is just one man's opinion.
You can learn more about EOSBlack from their website, https://www.eosblack.io
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Sigh, i didn't sell, at my target at 0.07, would have been the right choice.....
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