$185 million in 5 days: Whether EOS is a good investment?
EOS is the "operating system" of a consensus on the blokchain providing databases, permissions of accounts, planning, authentication and communication for internet applications considerably to increase efficiency of development of intellectual business, using the parallelism providing scalability of a blokchain to millions of users and millions of transactions per second.
The creator of a token of EOS Dan Larrimer is famous that he based two more very successful projects: Bitshares and Steem.
Is EOS a good investment?
This question is impossible to answer at this time. The current ICO mania could be a factor in buying tokens at a high price, the regulation around tokens is weak at best. EOS is still a baby and still needs to make it’s first steps before it can be considered mature. On the other hand, EOS is the first decentralised operating system. Investing in this ICO is a risk, but the rewards could be equally high. EOS is a good investment according to one’s own personal risk regarding investments and investment portfolio.
I think it will be a great long term investment, but it may drop in price short term as people try to profit from the initial run up in price because of the excitement about the project.
When do you expect the price to hit $10 plus ? Is it advisable to put money out of LTC (which is growing right now) and put it in EOS ? Also, when is the software news coming ?
The software is still being developed, but Dan Larimer has a proven cryptocurrency background. Cryptocurrencies are so speculative that anyone offering a price target is really guessing. EOS is more of an investment in Dan Larimer.
Bitshares is widely deemed a failure and Steemit, despite its increase in price, is failing to lure engaging content and intelligent debate (let's face it, this is a cesspool of crypto speculation, nothing more). Further, why is it literally impossible to find out any information on Dan before Bitshares (aside from holding a slew of short term engineering positions at random companies as per his LinkedIn page)?
I don't know -- I hate to come off as a hater, but I just get a bad feeling about this guy. Seems like he's pulled the wool over everyone's eyes because 99.9% of the world is tech illiterate -- engineers are like modern day plumbers whereby the average civilian has absolutely no clue when he or she is being taken for a ride.
Don't miss a chance to become a millionaire - invest to EOS.
When do you expect the price to hit $10 plus ? Is it advisable to put money out of LTC (which is growing right now) and put it in EOS ? Also, when is the software news coming ?