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RE: EOS Longer Term Pespectives: Basing with Two Rounded Bottoms! Bullish!
I am really iffy about this project. Someone did an investigation and it shows that EOS dumped millions of dollar worth of eth in the last few weeks. The ico is long I mean long. I truly think this is a money grab ico. Idk something doesn’t feel right. They have a very bad image at this point in the community until they improve that this coin isn’t going anywhere.
No, Dan Larimer does not grab money and run.
EOS like MaidSafe is a way too ambitious (but achievable) project that takes on a lot of things. Dan Larimer has already given us Bitshares and steemit. They both seemed like impossible to accomplish. But look at them now; not the price but the products. I specially love how Dan side-step problems.(https://steemit.com/steemit/@vimukthi/we-are-human-asics-steem-ponzi-scheme-explained-debunked)
EOS still takes way too much to chew and things will take a lot of time to deliver. Even if EOS accomplish half of its goals, it'd still be worth a huge lot.
You should link the source next time. You're talking about some posts on Reddit right? https://www.reddit.com/r/ethtrader/comments/75y3kq/the_real_reason_behind_the_ratio_decline_eos_has/
I agree, it's very suspect, which is why we should all supplement Haejin's TA with our own research.
I wonder what makes you say they have a bad image? They consistently deliver and have already proven foundations from steemit and bitshares to actually pull it off. They work daily on github and smash any resemblance of competition. More than anything, I think the doubt is fueling the block.one teams drive to deliver. I would like to know what aspects would give indication of a bad image?... besides those that hate Dan for other reasons outside of the project.
Sorry but devs are clearly working on the EOS project to make it a reality (regardless of prpgress rate or update frequency) and for this reason, I'm confident they will make something out of it in the next 3 to 4 years. This is a long term project.