I think it was hyped because of its big ICO, even EOS stating they had no idea it would be that big, then it boomed 325% then dropped, now leveling out. Not sure how much room there is for it to grow.
Waited weeks before their launch, then the US IP DETECTED blocked me, so I'm hesitant, but if you recommend it Kurt that its NOT A TARP, then ill look for into it. Bought a bunch of the new WTT tokens coming out too, look into those.
Thanks Roy .. purchasing on Kraken and Bitfinex, undoubtedly Polo & Bittrex soon as well. The price difference between the ICO and the exchange, on some days, is not as large as we would have hoped. Or... you can VPN into the ICO! :-)
I definitely have a wait-and-see approach as a US person re: EOS, but with the 1 year window we have time to wait and see what happens with the 8/1 Bitcoin debacle. I really think only the stupid money is in EOS at this valuation, maybe I'm wrong.
I still do not belief in EOS ...
my main points of consern are:
There is much discussion going around that EOS is a scam. This is down to two key points:
EOS TOKENS HAVE NO RIGHTS, USES OR ATTRIBUTES. The EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the EOS Platform. Company does not guarantee and is not representing in any way to Buyer that the EOS Tokens have any rights, uses, purpose, attributes, functionalities or features.
NOT A PURCHASE OF EOS PLATFORM TOKENS. EOS Tokens purchased under this Agreement are not tokens on the EOS Platform. Buyer acknowledges, understands and agrees that Buyer should not expect and there is no guarantee or representation made by Company that Buyer will receive any other product, service, rights, attributes, functionalities, features or assets of any kind whatsoever, including, without limitation, any cryptographic tokens or digital assets now or in the future whether through receipt, exchange, conversion, redemption or otherwise.
PURCHASE OF EOS TOKENS ARE NON-REFUNDABLE AND PURCHASES CANNOT BE CANCELLED. BUYER MAY LOSE ALL AMOUNTS PAID.
EOS TOKENS MAY HAVE NO VALUE.
COMPANY RESERVES THE RIGHT TO REFUSE OR CANCEL EOS TOKEN PURCHASE REQUESTS AT ANY TIME IN ITS SOLE DISCRETION.
As such, there does not appear to be a set in stone definition of what the exact function of each token has – if any - on the EOS platform.
No U.S. Buyers. The EOS Tokens are not being offered to U.S. persons. U.S. persons are strictly prohibited and restricted from using the EOS Distribution Contract, using the EOS Token Contact and/or purchasing EOS Tokens and Company is not soliciting purchases by U.S. persons in any way. If a U.S. person uses the EOS Distribution Contract, uses the EOS Token Contract and/or purchases EOS Tokens, such person has done so and entered into this Agreement on an unlawful, unauthorized and fraudulent basis and this Agreement is null and void.