EOS Could DOMINATE: Don&#x27;t Underestimate It&#x27;s Future Potential! (Thoughts &amp; Opinions)

hiroyamagishi (68) · 7 years ago (edited)

this cryptocurrency is still on early stage, however, I think I take the suggestion of @jerrybanfield regarding this, willing to wait for 1 year before I invested in a so early stage cryptocurrency. Still, great article @crypto

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13 votes

cron (66) · 7 years ago

Yes, Jerry have a good, sober point. But enthusiasm and hipe is good too, people will risk, will be dawn for a couple of years, but in the end, many of them will stay invested and will be rewarded. Maybe ;-)

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hiroyamagishi (68) · 7 years ago

absolutely!

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toxichustle (38) · 7 years ago

I somewhat agree with him on this, but having missed Microsoft at $5 a share back in 1994, I've learned if you believe in a technology or the developer, it doesn't hurt to put a little down and then just wait for the technology to grow into itself. I did that with with Ethereum at $11 in early 2016, having just found out about it, and spending two days researching it.

Do your due diligence on the tech, the developer, and whether or not it's a disruptor in it's category. That helps you make the right decision, as to whether or not to invest it in the early stages.

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randowhale (67) · 7 years ago

This post received a 3.8% upvote from @randowhale thanks to @hiroyamagishi! For more information, click here!

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mike-power (40) · 7 years ago

Thanks for this tip @hiroyamagishi

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doqstrader (50) · 7 years ago

Thanks for share

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eric-boucher (68) · 7 years ago

I totally hear you, EOS is a revoution running side by side BitShares and, of course, our valuable Steem! Thanks for the sharing, namaste :)

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3 votes

sairamnagothu (25) · 7 years ago

Yes.. and It will be competitor to NEO(ANS) ,BitShares, STRAT also

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3 votes

hotsauceislethal (64) · 7 years ago (edited)

Hey Crypt0! I'm a huge of your work :) I watch your videos every day and even listen to your vlogs on the way to and from work when I can. I would love to join the facebook group, but I don't use FB... Anyways keep up the hard work and stay Cryptic!

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6 votes

jhenrip (28) · 7 years ago

What's the facebook group? Get me in! :)
@hotsauceislethal why don't you create a fb account just for joining groups? I'm about to create a twitter just to keep up with the news.

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anarchofinancial (29) · 7 years ago

STEEMIT ROCKS!!

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splintah (25) · 7 years ago

I love this website. So glad I am learning more about this stuff.

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hotsauceislethal (64) · 7 years ago

I actually planned on joining just for the crypt0 news group

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zanezilla (33) · 7 years ago

Search Crypt0's News Group

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flycryptoguy (50) · 7 years ago (edited)

I have been told that crypto is a lottery ticket - funny you said that. My attitude towards these people is "great, don't buy any". LOL. They will figure it out...

Keep on learning bro! Keep on inspiring people to reach beyond their self-imposed limitations! RIGHT ON!!!

: )

anon.patriot (29) · 7 years ago

It all depends.. buying coins with unlimited supply such as ETH are asking for disaster. Also stay away from anything promoted by the likes of Bloomberg and the mainstream media.

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ralph.clayton (54) · 7 years ago

Clever indeed. Not many people know that Ethereum has no cap. They could literally issue as many tokens as they want! Sounds like a familiar story? The American dollar.

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anon.patriot (29) · 7 years ago (edited)

The fact that Goldman Sachs and JP Morgan among others are backing Ethereum should ring alarm bells to any likely investor. Look at it's price in the last month or so. They dumped it took all the n00bs money with them. Buyer beware of any coin that is partially pre-mined also.

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jaredsc (38) · 7 years ago

Ethereum miners and developers have a vested interest in higher prices. Even if supply is unlimited, the major of entities involved benefit from higher prices.

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cryptohumor (31) · 7 years ago

agree 100%

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flycryptoguy (50) · 7 years ago

As far as EOS goes, you totally called it when you said "based on this dude's track record..." Seriously folks, enuf said right there. I am buying. I have to get them on bitfinex but I am storing them on an android tablet wallet app.

Seems to be working great, like any ethereum token...

anon.patriot (29) · 7 years ago (edited)

EOS will crash harder than ETH did halving the price. Omar was shilling ETH when it was at $350usd. Then what happened? Don't get sucked in man there's better tokens out there.

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belerophon (56) · 7 years ago

[Why the $BCC Fork Will Cause a Short Squeeze in Bitcoin That Affects You] (https://steemit.com/bitcoin/@belerophon/why-bitcoin-will-soar-to-new-highs-on-august-1st-and-how-to-profit-from-it)

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hilarski (76) · 7 years ago

I backed up my crypto truck and bought EOS a few days back.

This Post was Added to the Steemit Social Media Queue.

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7 votes

enazwahsdarb (66) · 7 years ago

That was pretty smooth ;)

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scotty (37) · 7 years ago

fascinating, that EOS... #feelsGoodToSayThisWithoutOrwellianConcerns

scotty_ETH_donation_pub_addy

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richreck (46) · 7 years ago

Agreed. Looks solid, starting picking some up Day 1.

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hotsauceislethal (64) · 7 years ago (edited)

There are so many projects out there right now that its overwhelming for new people coming in. They have a hard time following along and realizing the importance of the distinctions between he currencies/assets. Currently EOS tokens aren't being distributed as part of an ICO as Dan said in his interview with Jeff, there is a difference between selling a product and crowdfunding. They got all the startup money from the initial 200Mil.

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dan (69) · 7 years ago

Correction, we had it all before the initial 200m

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6 votes

steemitkorea (61) · 7 years ago

I plagiarized. The victim is very hard. I want to delete all my posts. If not, I want to express all my articles in terms of points. He has a lot of trouble with my plagiarism in Korea. Please find a way.

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steemitkorea (61) · 7 years ago

My wrong choice makes it difficult for Koreans, who are users of all posts I posted, to be called "노자규". Please delete all my posts or find a way to edit them. If not, I would like a way to search http://www.naver.com.

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anon.patriot (29) · 7 years ago

Too many ICOs. Most will fail.

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grizgal (55) · 7 years ago

EOS does seem to have a lot of potential but Iam concerned with current valuations. At $1.8-1.9 a token and a total of one billion tokens st the end of the presale, that gives a market cap of just shy of $2 billion all for something that does not exist yet!! Seems a little steep.

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13 votes

lyfo (52) · 7 years ago

Here is what many people have already figured out. Simply, this is the biggest game changer of them all. It's going to fulfill the promise not only of Ethereum but the whole Crypto currency phenomena and the interactive Internet itself, as well as realize the freedom-based dreams of Murray Rothbard, Ron Paul and countless others!

What's that sound? Listen closely, I hear echoes of Padre Hidalgo ringing the bell of freedom in 19th Century Mexico. ...listen...

However all this has nothing to do with how it's going to play out as an investment in the short term. That I don't know.

EOS contains the architecture to build autonomous organizational structures of our/your own. Call them super, multi-faceted community/enterprise Web Sites, your own specialized store or market, bank, school, health center, your own virtual community, and even your own government that actually works to reduce conflict and solve problems.

And it's not just about One Guy either. Dan will continue to attract the very best talent but he cares nothing about being some kind of Supreme Leader. Are you going to be jealous about a cog in the wheel? That's a waste of energy. Whatever is written in our heart, that's all that matters, let's manifest it.

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4 votes

makrotheblack (47) · 7 years ago

Would just like to give a big thanks,all the hard work you do running your news channel.
I first noticed you when i joined steemit last week and have been following you since.When i first started i had very little experience with cryptocurrencies but that's changed.I have learnt a lot from your news reports,thanks.

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3 votes

ldauch (53) · 7 years ago

I just wrote a post about EOS today as well! I'm thinking EOS is going to give ETH a big run for its money. The fact that its already POS and doesn't charge 'GAS' to use the service is going to really put an obstacle in front of ETH to remain dominant after BTC.

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ryanthegecko (32) · 7 years ago

Nice Vid Crypt0. You are a gem among your peers. Level-headed and intelligent. I have been DCAing into EOS through their distribution system. I'd recommend this way, as it's fun and a good user experience (I'd never used Metamask before - good functionality) and usually the price on exchanges follows the ICO price.

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hashbrown (50) · 7 years ago

oh no, and i was just gonna finally get to sleep.....

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artemisia (42) · 7 years ago

I love your positivity! It´s a pleasure to listen to you :-)

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coincravings (45) · 7 years ago (edited)

Love the floppy hair! Almost didn't recognise you :D
Thank you so much for videos like these. I feel like I know you in real life because you're so honest and open.

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futuristgear (56) · 7 years ago

You might find this interesting Omar: http://raadfest.com/

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xchin (25) · 7 years ago

I was told to make sure I register the public keys after you buy EOS otherwise the coins will be worthless once the ICO is over. Does this need to be done if I purchased EOS over Kraken?

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mgtow-stacker (30) · 7 years ago

Good question.... id like to know the answer too....

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podrock (33) · 7 years ago

EOS's best bet is to capitalize on the parallel processing side of things. Vanilla Ethereum is designed more to be a basic foundation for Dapps (Golem/iExec) whereas EOS will be able to output a lot of compute power without the use of a Dapp like Golem. The challenge with all of this is successfully applying it to the consensus layer which I think EOS can do with enough RnD, testing, and time.

Ethereum isn't interested in attempting all of this on the consensus layer like EOS and instead relies on Dapps to handle those types of features. If EOS can pull it off it will be a valuable chain indeed.

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googl (45) · 7 years ago

You might want to read https://steemit.com/steem/@googl/eos-token-distribution

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budz82 (54) · 7 years ago

EOS has a lot of potential but I am not a big fan of the overly long ICO process as it seems to limit its potential short term price rises quite substantially. That being said I still made sure to load up on at least a bit of EOS which I plan to HODL for the long run as I feel it will likely do quite well at some point down the line.

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randowhale (67) · 7 years ago

This post received a 2.5% upvote from @randowhale thanks to @cryptoted! For more information, click here!

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rockjon (60) · 7 years ago

EOS could definitely dominate. From what I read about it, it seems like it could be excellent competitor against Ethereum.

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hotsauceislethal (64) · 7 years ago

Dan Larimer's exact words were "EOS is going to deliver on Ethereum's promises."

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rockjon (60) · 7 years ago

Yes, I can see that happening. Steem actually has great technology behind it. I can only see EOS being better and more developed.

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whynot (45) · 7 years ago (edited)

This is a serious question:

Can someone please explain me why everyone buys the fake tokens (subtokens)?

21 - When will I receive native cryptographic tokens on the EOS Platform?
As mentioned above, EOS Tokens will become fixed (non-transferable) on the Ethereum blockchain within 23 hours after the end of the final EOS Token distribution period which will occur on June 1, 2018 at 22:59:59 UTC. At this point the EOS Token distribution process will be complete and any person who wishes to launch an EOS Platform adopting the EOS.IO Software will be able to generate a JSON file mapping EOS public keys to the fixed balances of the EOS Tokens from the state of the Ethereum blockchain.
The EOS.IO Software is built such that any EOS Platform that adopts the EOS.IO Software will require approval of holders of not less than 15% of the total issued and outstanding EOS Tokens before tokens on such blockchain (the “Blockchain Tokens”) can be transferred. In other words, if the EOS.IO Software is adopted, it will be the responsibility of holders holding at least 15% of the issued and outstanding EOS Tokens to adopt one or more blockchains in order for Blockchain Tokens received on such blockchains to be transferrable.
As block.one will not configure and/or launch any EOS Platform, block.one will have no control over when, how or whether the EOS.IO Software is adopted or implemented, or how, when or whether the EOS Platform is launched. As such, you should not expect and there is no guarantee that you will receive any other cryptographic tokens or digital assets now or in the future.

I don't want to bash EOS because I think it's huge when it's done... but it's still a long time to go and there are currently only subtokens available.

Also does the quoted paragraph from the EOS.IO FAQ guarantee native tokens or not? I don't understand it...

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whynot (45) · 7 years ago

OK as far as I understand it after reading a few YouTube comments:

They create software.
They don't create a blockchain.
Their software may never be used or a blockchain may never be created.

So there may be no native EOS tokens. Just the subtokens distributed right now which are frozen June 1, 2018 at 22:59:59 UTC...

Any thoughts?

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hotsauceislethal (64) · 7 years ago (edited)

Fear Uncertainty and Doubt (FUD)

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whynot (45) · 7 years ago

Yeah...

Your suggestion above is the easiest solution ("Just buy 10 of every cheap coin in case they go to the moon one day.")
-> Taking action at a low risk.

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hotsauceislethal (64) · 7 years ago

For their legal liability they cannot guarantee that the blockchain will in fact launch after the project is done. Its pretty much guaranteed however... That would be like building a badass hot-rod and then not using it because you didn't want to connect the engine to the body.

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whynot (45) · 7 years ago

Sounds like a very good reason.

At the current price it's not a high risk investment (depending on how much you buy...)

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hotsauceislethal (64) · 7 years ago

Just buy 10 of every cheap coin in case they go to the moon one day. When I first discovered ETH it was trading at 50 cents...

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whynot (45) · 7 years ago

Thanks for the heads up! :)

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beakernz (38) · 7 years ago (edited)

But those behind it will have 100's of millions wether they connect that engine or not. This is why I only invest in coins like NEO, the developers hold 50 million NEO that can only be released in stages. Their wealth literally depends on how good they make their system. The EOS team already have the wealth, so anything after that is charity work. I hope they are feeling generous for your sake...

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adepratama (43) · 7 years ago

Beutiful

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adepratama (43) · 7 years ago

Thanks

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wakeupworldnews (58) · 7 years ago

Thanks crypto this one i am stacking like crazy...i got a gooood feeling

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axxon (32) · 7 years ago

I just scrapped all the altcoins I've been losing faith in (the ones that don't communicate with investors) and moved that money to EOS. Got a good feeling too!

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urbantech (29) · 7 years ago

Car is one of the best place for reasoning?and listen to music as well ;)

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healthiswealth (67) · 7 years ago

I believe in Dan and EOS but I am waiting for the hype to fade.

Good advice Omar, Just do it... live in the moment.
Life is a learning experience.
Be well...

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unbeaten (58) · 7 years ago

Hey Crypt0, I love your YouTube channel... massive fan!

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officialfuzzy (75) · 7 years ago

thanks for plugging the truth about what bitshares and steemit can do. took years and much of the cryptocommunity still isn't understanding!

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officialfuzzy (75) · 7 years ago

dude i'll just say this you really should join our weekly beyondbitcoin hangout. It is WHERE bitshares and steem began! Now I am running eostalk forums and preparing us for the Launch a little less than one year from now ;)

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joedirt (47) · 7 years ago (edited)

I am a new user hear on steemit, but I am going to do a post about adding EOS to my Exodus Wallet. In the US people can not purchase EOS by the rules prescribed. One can exchange BTC for EOS in the Exodus wallet. It is a wonderful application/wallet and is easy to use for a mew person (and older in age) to use and Trust is a large factor, with all the scams out there. Also, I have begun to follow you tonight.

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sachin1019 (25) · 7 years ago

His name and work is enough for people to invest in it. But his reputation of moving on to next makes me worry. I mean bitshares, steemit and now eos. I hope he holds on to this.

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veritas-society (30) · 7 years ago

Dollar Vigilante did an interview with dan larimer . Its a good interview. Im going to keep scooping up some eos

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soulra1ser (41) · 7 years ago

#EOS is very bright future! The white paper is amazing! Also great developers are working on it! Keep it up!

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sxiao (27) · 7 years ago

Your're my go to guy for crypto information. Really appreciate you sharing your insights on the subject.

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agentsofmars (44) · 7 years ago

Really appreciated this video very much today. I to do not like when people tell me to do thing, they should ask and wait for my response.
Hope you had a good trip in my hometown. Las Vegas baby! Thanks Crypt0

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breakingtonight (60) · 7 years ago (edited)

Thank you for providing some of the most amazing content! I wouldn't be on Steemit had it not been for hearing about it on your channel. Thanks again for sharing your personal insights and perspectives on EOS and do keep up the good work, my friend!

Upvoted

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lightningsteem (10) · 7 years ago (edited)

Guys, don't be fooled by Dan Larimer. Please read more about it on my post here before investing: https://steemit.com/eos/@lightningsteem/eos-may-not-be-the-ethereum-killer-as-other-hope-for

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axxon (32) · 7 years ago

I find the "don't be fooled by Dan" comments funny, because we are using his technology to communicate right now.

The technology you're using to bash Dan was created by Dan...

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lightningsteem (10) · 7 years ago

I am not bashing him, I am just telling the truth. Dan also trying to drained Ethereum by selling those useless EOS tokens using the ethereum network for a period of one year. What's the intention on that?

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axxon (32) · 7 years ago (edited)

The EOS platform hasn't started its engine yet, so the best way for people to claim a stake in the product is through Ethereum. The EOS tokens are representative of value in a platform that is still in development.

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lightningsteem (10) · 7 years ago

Exactly so my point is why invest on EOS that's in development when something is already made available that solves the same issues? #Antshares

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axxon (32) · 7 years ago (edited)

I'm in Antshares too. Diversify! Long term and short term investments. I'm in about 50 different crypto projects.

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hellojohnnymac (40) · 7 years ago

Great post! I bought EOS and believe the UI will be critical along with it being performant. Let's go EOS!

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youngfuego (57) · 7 years ago

Crypt0 great post you have here very useful information especially for New community members like myself. I think post like this is exactly what steemit needs. It makes it very easy to understand having links like this available at our fingertips. Keep up the great posting I will be following as well as upvoting this post so I can learn and be able to pass the knowledge on two other members here soon. I'll be looking out for your next post as well

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greatness96 (69) · 7 years ago

Nice

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jacquelyne (57) · 7 years ago

Thanks! Great info, still trying to understand this whole crypto currency thing. supper helpful! followed :)

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padmakshi (52) · 7 years ago

thanks for the informative links

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jwolf (70) · 7 years ago

I hope it s not a hype :D

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apple64 (5) · 7 years ago

Nice video! Keep up good work! EOS has real pontential!

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lucyomoz (50) · 7 years ago

this is a great thought. thanks for sharing

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nutela (61) · 7 years ago

That's so great to hear! I guess I'm chasing the money! But then again I really need it :D

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steemhoops99 (48) · 7 years ago (edited)

Its going to take a little while until we see a finished product and EOS ready to compete with Ethereum. Yet the future is looking bright

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https://steemit.com/cryptocurrency/@haky-speaks/what-is-cryptocurrency-how-it-emerged-as-a-side-product-of-digital-money-ultimate-guide-part-2

haky-speaks (37) · 7 years ago

Hello there @crypt0 , recently we publish something related to cryptocurrency , can you share your reviews on it? Kindly? and UPVOTE MAYBE?

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izbing (59) · 7 years ago

Thank you for your advice. I hesitated to buy, now it is done!

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awareentity (43) · 7 years ago

Tons of good content. Thank you for gathering it in 1 place. Added to bookmarks already :)

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sairamnagothu (25) · 7 years ago

Yes.. Its very good article

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mike-power (40) · 7 years ago

I just subscribed to your Youtube and facebook group @crypt0
Thanks for this video ;)

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charlesx (64) · 7 years ago

EOS will be a revolution for the development of the next apps and programs, even videogames, it will be HUGE!

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enazwahsdarb (66) · 7 years ago

When's the ICO?

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axxon (32) · 7 years ago

You can buy coins on Bitfinex and Kraken right now ^_^

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enazwahsdarb (66) · 7 years ago

What's the expected jump in price returns for it though? And the time frame?

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axxon (32) · 7 years ago

They talk about the time frame in this video.

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marishenk4 (41) · 7 years ago

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joedirt (47) · 7 years ago

Just found your video Channel here on Steemit. I was able to purchase EOS through my Exodus Wallet. (Have you done a review on this?) Thank you for the information provided. Upvoted & Now Following.

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arcange (73) · 7 years ago

Congratulations @crypt0!
Your post was mentioned in the hit parade in the following category:

Pending payout - Ranked 7 with $ 393,67

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stiftek (25) · 7 years ago

As always great stuff Omar. Thanks for the effort you're putting into the videos for the future. I cannot yet comprihend where this will take us, but oh boy I've got a great feeling about it.
Thanks man, looking forward to new ones.

Peace

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ronni (51) · 7 years ago

Thank you for sharing your honest thoughts with us Omar and thank you for being genuine.

EOS certainly looks like an interesting coin of the future I wish it was available on Bittrex though :)

@ronni

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yokee2 (31) · 7 years ago

When can you buy EOS on bittrex and whats the best EOS wallet?

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steppingout23 (55) · 7 years ago

Good post. Very informative and useful to readers. Got really good information. I agree, this coin will be a top performer in the near future. Getting in early is a great idea as well as a profitable one. Will continue to follow post.

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jhonmedas (41) · 7 years ago

Eos will turn future etherum because many big project is under going on that help to grow and reach to very high in the comming days

Please upvote and follow@jhonmedas

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technoblue (29) · 7 years ago

great !!!

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beyondthecrypto (61) · 7 years ago

Bought arround 200 EOS so far :) This one has alot of potential!

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exxodus (60) · 7 years ago

We're only 1/4 to the market cap and were still heading for a large crypto correction. I think it'll keep going down with all coins. This is my favorite prospective project though for blockchain, so I'm super long term bullish...I just don't think now is the time to buy cryptos.

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jacalf (40) · 7 years ago

So EOS is legit for real?

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nehuen (41) · 7 years ago

I think Eos has the potential to be the new Bitcoin. Remember when we played games on a Commodore 64? Compare it to what we have now, people are playing complex games on their phones. Technology evolves, and some things we thought will be irreplaceable get obsolete. Time will tell....

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dirtyburger (40) · 7 years ago

Big fan of this, just need more money to invest :)

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coinstar1337 (42) · 7 years ago

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tommycordero (63) · 7 years ago

Glad you are denouncing male genital mutilation

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practicaleric (66) · 7 years ago

Amazing car video as always. EOS will be epic .Thank you for all the news and updates )

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https://steemit.com/cryptocurrency/@fluffycat/eos-when-to-buy-and-why

fluffycat (25) · 7 years ago

Please check it out :)

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