Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
BittBurger
on 29/07/2017, 04:27:50 UTC
So buyers of EOS are buying tokens that have no practical value until a year from now, based on the background of the CEO? That is a large leap of faith, and everyone should realize it's purely speculation until further progress is made.

That's *exactly* how it played out with Ethereum, except people had to wait nearly a year and a half for a single line of code after the ICO, and it wasn't another 2 YEARS after that, that the price actually broke out past $2.00

And the ONLY reason it did that in the first place is because of Bitcoin failing to scale and people jumping ship to its "alternative".

Had Bitcoin scaled in a timely fashion and confidence not been lost, I doubt ETH would be above $10 right now. 

Keep that in mind when it comes to EOS and price predictions.  Hope you have 3+ years.  Make that 10 if there's no crisis among the other coins. 

And EOS doesn't even provide an entirely new platform like Ethereum does.   At least BTC and ETH were completely new concepts.  That's what gives them their value.