EOS holding STRONG in Shaky Market! UP 2% w. Elevated/Sustained Highs. | Approaching $15 Again after Bloodbath Week.

in #eos6 years ago


The "Larimer Effect" term I've been using for awhile I came up with - is at the end of this post.

EOS is going to change the world.

The Statists will get onboard sooner or later.

Video Link at end of post as released last week by EOS.io on their new big hire/news.


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EOS - 1 Month Chart and longer: Sorry for the crappy chart here on this service but as usual, CMC.com is down.


I wrote awhile back , about the tight coil pattern EOS was showing.... ready for a breakout: A few days later, it smashed past the ATH of almost $19 USD:

https://steemit.com/eos/@barrydutton/the-larimer-effect-eos-is-going-to-have-another-great-month-or-look-at-the-tight-spring-coil-pattern-where-we-are-today

Looks like the target was acquired! And then some!


It hit massive ATH's on Dec. 19th and 20th, (just a day before the market had deep corrections everywhere) -- smashing past the $12 mark for a high, in a short period of time.

During the last ~30 days or so of bleeding in the markets, I have watched EOS -- and it did not suffer the losses and damage like most coins did, not nearly in fact.

-- It then shot up much quicker than others during that sustained correction and that really really impressed me .

It's having a great month on the charts and we know most all coins have had a huge up and down last ~30 days:


Here is the ~90 Day view from CoinmarketCap.com : 9down/ using same chart as above)

Days ago I said:

Look at the TIGHT pattern there at the end of the chart where we are now, that is a coil that could indicate some big growth about to unleash.

That is some really good consolidation patterning there on this extended week zoom.

It really looks like that coil I was seeing and talking about really hit the mark and broke out!


After a TOUGH last ~30 days for Crypto, EOS has held tough, and rebounded again and was on the move after just 4.5 days of Christmas blues as we just mentioned above.

The gains have just continued across the board.

Last 7 Days: Chart down / same chart as above:


Last 30 Days: (Again) / down " " :


The Larimer Effect:

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1a// -- I call it that and have for awhile now because:

1/ No other developer other than @dan / @dantheman / Dan Larimer has THREE projects or coins in the Top 20/30 out of nearly 1400 coins every day for months on CoinMarketCap.com for anyone new reading this.

2/ Limited # of well known and trusted, long time top coders and devs like Dan or Vitalik Buterin around in the space and this is widely known. Their Body of Work speaks for them.

3/ Dan's consistent views of protecting and securing Life/Liberty/Property are evident in all the projects in #1 -- which again for new people -- are Steemit/Bitshares/EOS -- all of which he invented and are performing daily and consistently.

4/ We are early days in the wild west of crypto, people forget that --- who knows what is over valued, under valued, or any-valued at this point.

5/ These top level visionaries attract good talent around them to support them and their projects.

-- Many people in the space have never run a business or even owned a home in many cases. -- It's all new, it is a new economy disrupting everything.

I think that is enough for now LOL.


VIDEO LINK:

Recent Big News/Hiring for the Korean Market, etc.

(My overview written in TLDR is below the video link)

-- Several major announcements made including the new head of EOS in Korea who has been a head of several major projects including Bithumb -- the massive Crypto exchange Richard Jung

-- A project was introduced as one of the first EOS use cases and rather than get funding via the ICO route, they are obtaining funding thru EOS and airdropping tokens for their encyclopedia project to EOS token holders. (Everpedia)

-- New funding models and distribution systems discussed by EOS including how EOS plans to take the funding and pour it back to the crypto community and new venture projects.

-- EOS VC was announced in relation to that last point.


Thanks for reading, have a nice day.


No idea who actually made the gif/meme but it's awesome.
So credit to whoever made this, it is a beaut.
Sources usually on image or credited if I cannot find it on an image, but sometimes I forget, sorry if this bothers anyone.

PixaBay has tons of free pictures for us all to use!!!







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Some of my recent blogs:

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https://steemit.com/investing/@barrydutton/investment-language-101-series-term-of-the-day-what-is-whole-life-insurance-policy-or-e-95-or-trading-candle-cheat-sheet-incl

https://steemit.com/investing/@barrydutton/investment-language-101-series-term-of-the-day-what-is-coverage-ratio-or-e-94-or-trading-candle-cheat-sheet-incl-each-episode

https://steemit.com/crypto-news/@barrydutton/video-wealth-research-group-500-700-potential-upside-in-2-3-years-mr-carlo-civelli-chairman-cnx-30-mins

https://steemit.com/funny/@barrydutton/life-in-crypto-is-like-34-or-how-you-feel-when-your-coin-moons

https://steemit.com/steemitcampfire/@barrydutton/steemit-weekend-camp-fire-series-weekend-38-we-are-steemit-family-come-visit-around-the-fire-with-your-family-every-weekend

https://steemit.com/bitcoin/@barrydutton/live-now-crypto-101-video-90-mins-wcn-the-world-crypto-network-bitcoin-talk-show-48-friday-january-26-2018-live-be-on-the-show

https://steemit.com/bitcoin/@barrydutton/correctioning-edition-cryptocurrency-on-hodl-what-are-you-hodl-g-or-sodl-g-today-16-or-origin-of-hodl-always-included-for-newer

https://steemit.com/christianity/@barrydutton/3gynu4-scripture-of-the-day-find-your-strength-in-god-or-ps-27-1-or-we-never-know-who-may-need-this-today-or-the-replies-in-this-post

https://steemit.com/eos/@barrydutton/crypto-101-market-update-welcome-to-fud-fridays-again-or-new-crypto-fam-markets-usually-dip-on-fridays-do-not-panic-sell-buy


If you feel my post is undervalued, or would like to donate a little something to help me out -- I would appreciate it:

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LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0

Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

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Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, trying to build community, put out content and engage people, help and donate to people, and I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.

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EOS is one of the digital asset projects I'm most excited about excatly for the reasons you mention.

The previous blockchains in Steemit and Bitshares are valuable in their own right, EOS is building off the lessons learned in those already successful projects and creating something with much broader scope and applications. Can't wait to see all the awesome projects that adopt EOS once it goes live!

Truth.

UV your comment.

Thanks for the vote also, I checked LOL

Excellent work I liked it so much I wish I could continue your work on this as I will give you all the support I hope you will support me if possible Thank you for your time
@goldenkingdom

Valuable information as always, thanks for the good work :)

How come you always comment on my posts but do not vote for them?

Limited VP vs a lot of articles, next one I will :)

nice to meet you

I like you post

I like you post

I didn't know Dan Larimer invented Bitshares and EOS as well. Great info. Will be running🏃‍♂️to get EOS soon!

eos has a great potential

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