Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
Hyperme.sh
on 06/11/2017, 19:00:58 UTC
daniweb & Lyd, correct that pegs have tradeoffs and are not long-term stable. They create opportunity costs to destroy the peg by extracting value out of other facets. This can be examined formally with math.

The only solution I can see is to create a paradigm in which users do not care about the volatility. This is primarily why speculator coins are never going to be widely adopted systems.

That is one of the reasons I wrote upthread that EOS can talk the hype and even have a $2 billion war chest, but it does not mean they can necessarily solve the underlying free market opportunity costs which have prevented widespread adoption.



EOS November 6 Technical Analysis and Price Cast, Elliot Wave and Trend Line

https://www.youtube.com/watch?v=-wTvuwrsMH8


Btw, that looks to be a good analysis. Looks very bullish short-term.