More thoughts on EOS

I expect EOS to run up during May with the impending June snapshot. Long term holders are not going to sell it in May if they've already registered with the company. I think the run-up we just witnessed was in part driven by hedge funds and today might be some month end profit taking. There are at least 75 funds in the crypto space and the herd is still to come. Given the thin float they can move prices around pretty dramatically. Also, if EOS is the concensus new platform, look at what ETH, the legacy platform, did in 2017. Why can't EOS do something similar in 2018? ETH started 2017 around $8 U.S. and broke over $1300 at one point.