This is Huge news that had little to no impact on the price action today. This is actually a good thing and Brocks tweet about EOS not being an investment cooled things down. I would much rather see slow organic growth than pumps and dumps.
Mike Novogratz is a huge player in the blockchain space and I am happy that he is onboard. You know if he is for a project you are on the right track. My money follows the smart money of others
Actually it did have a small impact as we were supposed to go a bit lower today and prepare for a major launch. Just to give an example when Power Ledger announced a 5m deal with Australian Government price went up 5 times in a matter of 10 days. The deal with Novogratz alone is 325 million. My last prediction about EOS in btc terms looking only at the chart, was at 0.0021btc until 26 Jan. while it is holding now at 0.0012.
I might have to add a long prediction to 0.012btc (x10) by the end of June, for this reason alone. I haven't seen a coin attract this capital levels since Ethereum.
News had a small impact on the price because of the hype, have you seen yesterday tweets / posts?
People were hoping that the likes of Apple or Samsung will be announced as a investor!!
When I saw that i was pretty sure price will go down as it wasn't realistic at all, but thankfully EOS is very strong as it could easilly drop -10% because of the 'dissapointment'... I see great things to come, hopefully whole crypto market isnt going to collapse because that could be the only reason for the project to fail.
Great investor, like someone mentioned our money is where the smart money is.
Average people may not be familiar with people like Mike Novogratz. They're familiar with big corporate companies like Google, Apple, Facebook, etc. There are other big players in this space and people need to calm down with their expectations a bit. They'll be more happy about their investment.
EOS has already done so much as far as growth of block.one and EOS.io before the product is even released yet. They will have a lot of the issues Ethereum is having now fixed starting from day 1. They're taking care of business before launch so that when it does get released in June, they can focus on bringing more people and product on board to grow their platform.
This is revolutionary and it's just the beginning people.