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RE: Initial Coin Offering or Token Sale's are still in the Wild West days and well done to EOS team
There are many crooks in the crypto space but some like Dan are real honest, with his exceptional record of successful previous projects like Bitshares and Steemit... EOS is going compete with the top 3 crypto curriences... Buying EOS ICO is a very wise decision as , EOS is designed to achieve 80K Transactions Per Second , that would be truly incredible, i guess EOS will be the fastest among all crypto-currencies. Congratulations to EOS team for raising $202 million in it's initial round of ICO.
I don't follow your logic. Just because you trust and believe in the guy, does that automatically mean you will ignore the concept of Suppy/Demand? 351 days of uncapped ICOs....seems very unlikely that the price goes up. Too much supply, not enough demand. Great for the EOS team....not so good for ICO investors. If the uncapped ICOs were over tomorrow, then I would agree with you.
Yes, EOS ICO investors may not make good profit in quick time, but if somebody wants to invest in EOS ICO for longterm then definitely will make good returns. Trust is very important, because i have trust in Dan and his team, i can happily wait for couple of years to take my profits, which i believe will be huge.
I don't disagree with you on that. A couple of years sounds like such a long time from now! Anything could happen in a few years or even 1 year. But, don't underestimate Ethereum...they may not sit around and do nothing in that time frame. Guess it just depends on how competitive Vitalik is.
True, EOS has presented a golden opportunity for those who missed to invest in Ethereum, when it was around $1. Yes, Ethereum may increase by 200%-500% in 2 years, but EOS has the probability to grow by 1000% or even more.
Why would anybody want to pay for " gas " to use their cryptocurrency or any thing built on the platform ?
EOS is focusing on the key issues and therefore has a great future ahead.
I'm 100% with you. That is why I did not go into that token sale. As well as any other token that is not capped.
but in the mean time... ethereum could make it obsolete http://www.coindesk.com/inside-truebit-ethereum-scalability-effort/
I have been following Dan's work for quite some time and believe he is a genius in what he does. The EOS team fully deserve all the accolades