EOS Ethereum PRICE has been DEFINED!

in eos •  7 years ago  (edited)

This has been the most amazing run for EOS!

I'm impressed how this ended up. Well DONE @dantheman (or is it @dan)!

(image source)

EOS view on my own words

This is the beginning of a new Era! Not a Bitcoin or Crypto Era... that's gone, sorry. Too late. We are facing so much evolution that an Era does not fit into the "old Era concept" anymore.
EOS will be the first platform that can execute programming code (like C or C++), but in contrast with Ethereum, doing it Asynchrousnly!


(image source, from google search)

For me, EOS is an emerging technology concept that will eventually replace HPC (High Performance Computing), where computational resources are displaced globally and anyone owning a slice of it, can rent, trade it or execute code asynchronously as many times you desire. This reminds me of MPI (Message Passing Interface), a C based library that allows you to code applications to talk between computers asynchronously or synchronously (less efficient). Just like any other Super Computer on the Top500 list can do:

The brilliant difference here (or reality if you wish) is that a typical Super Computer needs replacement every 3 to 6 years to continue in a sustainable "productive" environment, plus the fact that each iteration costs usually Millions of dollars. As in for EOS, that would be done via a much cheaper path, by allowing participants/investors across a distributed network to step in or out progressively at any time. So basically, a trade market environment on which any resource compatible with blockchain technology (EOS this case) can participate. This allows businesses to leverage future technology in a much faster way and also avoid the large initial overhead of TCO (Total Cost of Ownership), therefore relying upon traditional HPC will not be competitive anymore.

Why I'm into EOS and some history behind it

Being a BitShares member #194 makes me feel amazingly proud already and to be a part of this new journey within crypto/blockchain technology, just makes it even more intense. I always had my LinkedIn profile, with this for some reason:

Then eventually it all got migrated (end of 2015) to the current BitShares (v2) system on wich you can find my actual public key on cryptofresh explorer made by @roadscape (voted on bitshares blockchain).

How do I invest in EOS?

Head to the ONLY website! - https://eos.io

I won't bother explaining too much about EOS, not because I am being a bit lazy (of wich I am), but because you need to check on your own deligence and responsability all the information you assimilate and assess your own interpretation. Here is the white paper link! You need to read, understand it and if you are up to, accept the terms and conditions. That's all! - the rest is easy!

There is a nice button on the EOS main page, if you are willing to come aboard EOS and become an explorer and investor on edge technology, of the future? - No, of the Present!

It's something like this (but animated):

After you get through all the legality you need to choose if you agree (and continue)... then you will be presented with the investment recepie (aka instructions).

I wish to follow this ICO!

Then you need some vision... Tools and patience is the answer!

The eosscan.io website will give you a good overview about how investments are progressing (not real time). Beware that Estimates... depend a LOT on time! - If you are reading this on the begining of the ICO, take into account prices can drastically change. Also, you need to refresh the webpage for the numbers to update:

(screenshot taken at Jul 1 2017 16:09:41 UTC standard)

You can also monitor the EOSCrowdsale at the etherscan.io page. On this page you will not see all Ethereum invested. That's because EOS team will possibly move the Ethereum asside after all investors cailming their EOS (potentially allowing them to sell it)!

Check this page for any transactions following off the contract. The newest one (at the time of this post) is here:

How do I expect it to go?

Disclaimer: This does not constitute and should not be interpreted as of any kind of legal advice or investment scheme and should only be accepted as my personal opinion.

I see that, by allowing a free equal distribution of EOS and followed ability for you to bid on ANY period, allows EOS investors competing fairness and ultimately brings added value to EOS that unlikely will decrease after the end of the ICO (tokens will not be tradable by then). On the other hand, there's the problematic of and if Ethererum is sold between periods until the end of the ICO (I beleive it can, but let's see). If this can happen, each period, Ethereum price can potentially be influenced. Why is it going down for some time already... or why is it not going up? Well, EOS is not the only ICO running on Ethereum, therefore Ethereum market can easily be influenced by other reasons.

My recommendation, if you are interested in being apart of this, will be, for you to pay close attention to how crypto-currency prices evolve over the next week, especially on the Ethereum network.

Also, reserve yourself some time to do your own research and check about how EOS is evolving by watching the GitHub page.

Happy investments!

Share your thoughts about this and avoid rushing into it... you have 23 hours on every period, plus you can plan ahead if you wish.


Produce quality SteemCATAPOOM and VOTE for Witnesses!

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Get your POWERVoice! - until 2017-07-05 23:15:42

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Good post. I was about to post a similair thread. The cryptospace definitely feels a bit inflated. However we also said that about the S&P 500 40 years ago Personally I always use: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. For example: https://www.coincheckup.com/coins/Ethereum#analysis To watch Ethereum Detailed report.

I did not know about coincheckup. It has some interesting trends yes... thanks.

thank you. nice post. i like this

Very insightful, thank you for the information, there were a few pieces of data I didn't have ;)

Very informative. I read a lot about it, but this is the most practical and useful post so far. Thanks!