EOS Better and Faster than ETHEREUM Bought me 32 EOS
Remember when Ethereum was under $5?
Have you noticed the high rise in eos price at Bitfinex? I decided to join on the fun and get some tokens The way I see it is the price of EOS is way undervalued and should rise some more within a couple of hours. I decided to jump in and swim away with some profit! It will then be sold for Steem Power of course.
Sorry, there is no video plotting more drives today for my Burst Rig and well My computer tower is super laggy trying to render video. So just screenshots for you.
I bought 32 eos lets see how it goes.
It is bad to compare $5 of Ether with $4 of EOS.... because the total supply is very different between them... EOS has more coins then its price will be $20 as maximum...
https://steemit.com/eos/@jga/eos-hits-the-9th-place-in-coinmarketcap
Hmm you say $20 I say $60-$70
This is my point of view... the total supply of EOS is 1 billion. If each token is $20 then the total market capitalization after the distribution of all coins would be 20 billion.
At the same time compare it with the market cap of the other coins. Bitcoin has 40 billion, the first one.
If EOS had 60 billion market cap ($60 each coin) that would mean that it would have surpassed ethereum and bitcoin, this is very very optimistic. I think it needs more years (and proofs of functionality) to surpass ethereum.
The thing about estimating with current marketcaps and total supply has no regards to future addition to the values of any given coin. Bitcoin could be 200 billion in a year or two thus by your point of view EOS could potentially be over $20 could it not? The marketcap of all cryptocurrencies is undervalued with just hitting a little over 100 billion. What's to say it can't be over $400-$500 Billion,
Looking at the history of bitcoin the ups and downs of this coin with hitting close to $3500 at one point in time could signifiy it could easly hit over $5000 its not so much be optimisitc but seeing he potential of any given coin.
But I do see at the current value of bitcoin and ethereum it is not possible to hit such numbers yet. Only time will tell.
Ok, very respectable your point of view. I'm more conservative, about 60 billion for bitcoin.