Why I'm HODLing $EOS

in #eos7 years ago
1. Got 11,000 $EOS in my bag so far, and buying more more more! I'm not selling for years, when the price is over $100 per $EOS.

2. Decentralized applications are the future, $EOS is the infrastructure. The next Facebook, Twitter, Instagram will be built on $EOS. I love Steemit, but with social networks becoming social markets, there will be competition.

3. I'm tired of all the $EOS FUD. The $EOS disclaimers are to protect them from countries like China and the U.S., deliberately architected to protect themselves from the weight of regulation, which is so important for decentralization. Look at all these instances where FUD was plain wrong? The best investments are made against the herd, think about that!

4. Dawn 1.0 was just released. There are two more releases scheduled for this year. The market didn't react as positively as I had hoped for Dawn 1.0 but I think that once more developers start working with it, word will spread and interest will increase.

5. Not many people on Twitter talking about $EOS, but this is good news:

6. PS China can go fuck itself.

Sort:  

Im with you :) Im also increasing my position with every drop but I have to admit it hurts.
On my way back from blockchainlive. EOS looks very promising. The only thing worrying me are the extra tokens that will be added to incentivise token holders. Would have liked a hard cap...

Great comment @sbrys! In the long-term, these short-term drops will be a "drop in the bucket" - our very large buckets of EOS lol ;) I try to look at these drops as gifts.

When you consider a token's inflation, I think it's also important to consider the amount of inflation in the financial system you're closest to. I'm in the US, so I look at M0, check out this 10 year chart showing a greater than 4x move. Source: https://tradingeconomics.com/united-states/money-supply-m0

An interesting excerpt from: https://en.wikipedia.org/wiki/Money_supply

So the question for me is, does EOS or USD inflate faster?

thats a crazy chart thanks for sharing !

But in theory we dont know yet how EOS will inflate. Im sure it will be better but we dont know yet. For all we know they will continue the 2M daily drops after the billion tokens are released.

Sure it will not be the case but would be good to have some clearance on that !

Indeed the drops are just discounts. But for now I think its enough discount :)

I HODL EOS .... every month till it launches I will buy more. IMO there will be completely developed DAPPS when EOS-Blockchain launches. The Plattform has the potential to rapidly speed up development time. It is very possible that projects of other chains switch to EOS because of the specs.... Great Project 👍🏻

I like the way you're thinking @veliton77! Time to market is so important, dev teams switch languages, there's no reason to think they won't switch blockchains if it helps them build and scale. Dawn 1.0 was just released, and with 2 more updates this year, I think developer interest will soar.

good one - i like eos too and follow and upvoted you - i bought some eos and am thinking of buying more cause it is cheaper now

So cheap right now @daydreams4rock... I'm going to buy more soon.

EOS is for a long HODL. And the price is becoming more attractive now (finally).

Congratulations @fiftyshadesofhey! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments
Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

can u give me some

0xFB80d2892030780F2EE40d2858Aef38b454Da3b8

Great work mate I to am hodl for the long haul with EOS!

Thank you! Yes, I'm thinking the same. 10+ years when it's a trillion+ dollar market. The increase in cloud storage and network speed, now -> 10 years from now, will be massive.

Congratulations @fiftyshadesofhey! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 65702.61
ETH 3485.24
USDT 1.00
SBD 2.51