RE: EOS Price Analysis: Things Are About To Change...

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EOS Price Analysis: Things Are About To Change...

in eos •  7 years ago 

I think EOS just needs to grow. Once they get a proper blockchain in production and start developing their technology we might start seeing higher increases. EOS expects to compete head to head with Ethereum.

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I'm with you on this one - I was holding a bit of EOS for a minute until I read further into the EOS faq and realized what the actual deal is and the fact that there's no guarantee that EOS erc20 token holders will be reimbursed with actual EOS tokens when they're actually released.

there's never a guarantee, public chains are not ran or created by companies but by decentralized network. however, any chain not using distribution swap will suffer issues and will not be directly supported by their company. most ICO's don't care much for decentralization or distribution so you don't see that often. e.g. https://steemit.com/eos/@cob/shedding-some-light-on-the-eos-token-purchase-agreement or https://steemit.com/eos/@tolkatore/all-eos-scam-signals-dispelled-in-one-bite-sized-video

You are probably right concering the development, I am basing this potential trade solely on technical analysis.