RE: Eos Price Forecast - 12th November

You are viewing a single comment's thread from:

Eos Price Forecast - 12th November

in eos •  7 years ago 

Just looking at the charts will only ever tell part of the story. There are a number of landmarks coming up for EOS which should have a big impact

  1. The coming public testnet. This is in 3 weeks (4th Dec)
  2. Halfway through the token distribution period (timewise) - in 5 weeks (16th Dec)
  3. Over 2/3rds of tokens distributed - in 6 weeks (23rd Dec)

Then the following will could all start some decent momentum

  • Announcement of partners / dapp funding
  • Working proof of concept dapps on testnet
  • Serious infrastructure players start testnet nodes

Of course, there could be negative factors which play a part as well

  • The bitcoin wars could cause a meltdown in crypto markets.
  • Various countries regulators could come after crypto
  • Competing chains could start to look more scalable and or just better than EOS
  • Major flaws could be found in the EOS design or it simply turns out to not be as good as is expected
  • Some of the FUD about block.one turns out to be true

The next few months are going to be very interesting.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!