EOS Crowdsale Information
A lot of people have very lofty expectations for EOS. Dan Larimer's 3rd project after BitShares and STEEM, EOS is being billed as an entire operating system that will be capable of much more than Ethereum. After creating two successful real world platforms do we have any reason to doubt him?
Thank you for reading my post and please consider following me @brianphobos
After seeing how, well, fragile ethereum really is? I am slightly inclined to take a gamble on EOS. I am a novice to this, mid 30s, married w kids. Been an engineer for 10 years. Correct me if i'm wrong here, but i likened EOS, or an equivalent we may not have even heard of yet, as being the next big thing.
I told my friend: Remember AOL and how they had a lock on everything? How'd that pan out in the long run? So EOS or another company with an idea that works may very well kill off ethereum. Correct or am i completely off base? lol. Probably the latter.........
I know the first iterations of things are almost NEVER the best and get phased out for better tech that does, essentially, the same thing. The same outcome, anyway.
So question: I bought up some more ether when it really tanked yesterday. What's your thoughts on ether? Bounce back or is this a correction in progress and we should expect a solid 200/share or thereabouts? That was sorta off topic, sorry
Upvoted and thanks for the article. Have a great day(looks like you're already on that though!!!)
I think putting money into EOS is a good bet over the next year. Some people are already planning buy ins at different times throughout the year because the crowdsale is going to go on that long. That way they can get a better average.
The thing I don't like about Ethereum is that it has been 3 years and there is no real world use case that we can get on and do what we are doing right now. If the tech was so good then wouldn't there be things like Steemit running on it? A person can go to Bitshares.org and see the decentralized exchange working. They can be on here and see this platform working. Dan Larimer is legit. When it boils down to it he can produce results.
With Ethereum I don't like the fact that their are all these ICOs that could be vaporware or being sold for Ether. I just think in the next year we are going to see a lot of pressure on it because those developers will ultimately have to sell their Ether to pay bills. That is a lot of money from all these projects causing downward pressure on the market.
In the short term you might catch some rides. I actually Sold my Steem Dollars last night for $1.87 / coin and then took that amount and split it between ETH, LTC, BitShares, Monero, Steem, and Lisk. Now I'm starting to see it surge a little bit. Then I will sell out to BTC again. Then I will blog about it and make money from the blog!!!!!
Hahahah, I love STEEMIT!!!!
I don't know where a lot of these will land. I like all the projects I bought last night but I feel the market has surged too much in a lot of respects. It is a tough thing because I could see STEEM going to $10 but in the same token it could get brought down by the broader market. I just know that when I got in back in 2013 things were exciting. It felt just like this. Then 2014 and 2015 were absolute hell. So a lot of times you have to look at it as a long term play. build positions when everyone is on suicide watch, no one is posting videos about their mining rigs, no one wants to talk about crypto. That is when you build the biggest positions. But right now is a great time to blog on Steemit and earn and get that ball rolling!
Awesome. Thanks bro. Yes, i had a rule when i invested just 4 short weeks ago: Never gamble more than you're comfortable losing. Conservative investment ideal? Yes. I'm guilty of that. SO, the total is now around $9,000. Not a lot at all but still. I put most in BTC but i am in the red right now. That does NOT worry me. The way i view things is unlike a lot of the younger folks i know who are looking for that 10,000% overnight gain; no, i'm looking at 5 years and i'm thinking btc will get me 500% returns in 5 to 7 years. I would be happy with that. On the flip side I am willing to toss around a little more on tips or things that look solid.
In reality most of these ICOs are pump n dump schemes and not an ACTUAL PRODUCT OR SERVICE that's practical and useable!!! Doesn't mean you can't make 800% overnight, sure, you can if you're lucky or know the right people but i want in on more of the "blue chips of crypto(LMAO, i know, the irony). Things that have an actual service behind them and a useable tech.
This Dan fella seems sharp and if he can perfect what ethereum has not, and beat any likely competitors to it? Man, that's a good one for a 5 year look.
Like i said, i'm a noob, but i hope to stick with this and look back in 5 to 7 years and say "yea, that yielded SO much more than my 401k and my RothIRA"
Thank you for the response and have a good one.
I really appreciate it and yeah it is going to be a long term game overall. There will become a time when everyone is feeling the pain and wondering if all this stuff was a fad. That has happened several times now. When the pain is crushing people that is when you can build bigger positions and then when it pops it goes up like a rocket just like this time.
Brain! Great pool meeting today haha :)
Thanks! It was filmed yesterday but then I had to go play basketball and workout and then I got hung up trading some coins. :-) I got $1.87 / STEEM dollar on Bittrex late last night. Then broke that up into a bunch of other coins. We will see how it plays out. Hopefully we will get a big surge again.
Youuu stackin? haha... I use to play ball, I hung up my "jersey" and retired 10 years ago... being 40 is tuff haha
Man you don't look 40 at all. Living the Internet life style affords us to be able to get plenty of rest. :-)
That's what I been saying to everyone ... I got that young look, aint no one want to be old lol
please add links of that bitfinx so you can have your followers ready to get their account for that EOS tokens.
I mean here is the link to the exchange. https://www.bitfinex.com/
But I can't recommend it. The had some issues last year and I have never used their service so I can't really say if it is a good route to get in or not.
damn...when EOS tokens hitting the other exchanges?
I'm not sure several exchanges will probably add it over the next couple of months. At least we will see some price testing on it overtime.
Keeping everything aside your chest is classy sir
And thank you for sharing this amazing post with us
Steem on
There is a whale gear there. LOL. Yes supporting the technologies dan building up is part of the ecosystem. Crypto deals in waves ;) awaiting for eos tokens to hit exchange....cause wasn't able to get into EOS crowdsale because showed those living in US and getting those in is breaking the terms and don't wanna get them in trouble.
yeah we could utilize VPNs but to be honest with you I want there to be some more price testing overtime. If there is a sell off in crypto larger than what we saw yesterday and I want that to all come out in the wash and then when people are beaten up over it in 6 months I will start taking positions. That is what I figure. EOS isn't going to be rolled out for a year from what I'm understanding so there will be time to take positions.
not really hackers was it? it was scammers that were spamming discord channel and slack channels to confuse people with the real link
I thought they announced that they shut the site down for a little bit. Now I'm confused because I'm looking around and not finding what I thought I saw yesterday. Maybe it was just scammers posting fake links.
I am jealous of his pecks.
Are you in for the first round, or waiting for other days when take up is slow?
I'm going to sit back for awhile and just see what kind of pricing comes out of it. If it starts trading on Bitfinex in 5 days I will see what the pricing is there and wait for later rounds to see how much excitement there is and all that. I'm glad it is going to be stretched out over a longer time becuase there will be more price testing.
What about you?
This post has some good analysis and comments. https://steemit.com/eos/@lukestokes/script-you-can-use-for-finding-the-current-price-of-eos-per-ico-window
I might buy on the last day of the first round dependent on the price but only a couple hundred dollars. I'm very risk averse after being burned so many times in crypto and selling up when there's a bump in the road.
In case you haven't seen it
https://etherscan.io/address/0xd0a6E6C54DbC68Db5db3A091B171A77407Ff7ccf