Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
chryspano
on 22/07/2017, 16:22:09 UTC
If ICO continues for a year and 1000 millions EOS enter the market, don't you think the current price will dump soon to the underground? Please correct me if I'm wrong, but I see EOS as a disastrous investment.

200 million EOS entered the market in the first 5 day period and since then 2 million EOS are entering the market per day, price can go up and down until the end of the "ico" but personally I don't see any reason related to "ico" methodology for a price "colapse"/dump.

If we have an average price of $2 per EOS then we are talking about a total EOS marketcap of 2 billion at the end of the "ico"

How much is the total marketcap of the "problematic" and "obsolete" Ethereum right now? IF EOS delivers what it promises what will be it's marketcap? Everyone is calculating their risks and placing their bets accordingly...