I like investing in things that truly resonate with me and there has never been an investment that has ever resonated with me as much as EOS has. Ethereum came close and has panned out to have also be a pretty go investment for me but it never gave me the 'this shit is going to change the world' feeling that EOS gives me. This is likely in part because when I first invested in Ethereum I have not gone as far down the cryptocurrency rabbit hole as I currently am and there did not fully understand the potential that cryptos’s have for changing our world. That being said, when one considers the scalability issues that Ethereum has with it network buckling under the pressure of the crypto kitties app, I think my intuition was at least party right. I say party because just as bitcoin change the world by proving cryptocurrencies were possible, ethereum made a huge impact by proving that decentralized computation was possible. I value the contribution of both bitcoin and ethereum but the truth is they don't scale and therefore won't work as they were originally intended to. The reason EOS is different for me and gives me that 'this shit is going to change the world' feeling is that I think that it will scale and will therefore, Actually Work.
Eos price is right now in the shits compared to Ethereum. And of course just as I had put most of my Ethereum funds into Eos.
But let us look closer. Ethereum is established, it even has had time to crypto kittie fail. Eos has a running proto in Dawn 2.0, but it's not even a real coin on its own blockchain. That will not change until June 2018.
My gut feeling is that around June Eos market cap will match that of Ethereum. That should mean approximately €100 for one coin. After that a small correction and then further growth.
The things holding down Eos is FUD around it just being an ETH20 token and insecurity about its own blockchain. That and big promises. Things that typically keep investors away. When insecurity and FUD dissolve in June we will have to make a new analysis. Hopefully from a price of €100 per Eos coin.
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It's about the long game. I think EOS will get to $200 within a year. It's going to be a big deal. Thanks for the comment!
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EOS jumped about 30%. :) I hope you feel a lot better about your decision to convert your ether now.
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