EOS Holding STRONG in Shaky Market! UP 5% w. Sustained Consolidation Points After Bloodbath Week.... Well, the Worst Latest Bloodbath Week, Right?
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 month by EOS.io on their new big hire/news.
Current price snapshot:
--
EOS - 1 Month Chart and longer: Sorry for the crappy charts at times here ...... but often - 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:
Looks like the target was acquired! And then some!
EOS mooned back then and it will do so again shortly as the team continues to release regular updates across all online sources.
Recent EOS Milestones/News/Updates:
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 ~35 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 ~35 days:
Here is the ~90 Day view from CoinmarketCap.com when it is running!
Weeks ago I said in that post link above that I wrote:
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 ~35 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 and consolidation points have just continued across the board.
Last 7 Days: Chart down / same chart as above:
The Larimer Effect:
--
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)
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 month by EOS.io on their new big hire/news.
Current price snapshot:
--
EOS - 1 Month Chart and longer: Sorry for the crappy charts at times here ...... but often - 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:
Looks like the target was acquired! And then some!
EOS mooned back then and it will do so again shortly as the team continues to release regular updates across all online sources.
Recent EOS Milestones/News/Updates:
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 ~35 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 ~35 days:
Here is the ~90 Day view from CoinmarketCap.com when it is running!
Weeks ago I said in that post link above that I wrote:
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 ~35 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 and consolidation points have just continued across the board.
Last 7 Days: Chart down / same chart as above:
The Larimer Effect:
--
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 above I wrote.
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!!!
If you liked this blog post - please Resteem it and share good content with others!
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Some of my recent blogs:
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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
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Most stock Images / Gif's day to day usually via Giphy.com , ImgFlip, Funny or Die.com, Imgur.com, PixaBay unless otherwise noted, with thanks.
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.
-- 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 above I wrote.
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!!!
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
--
If you feel my post is undervalued, or would like to donate a little something to help me out -- I would appreciate it:
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
I can't wait for June 1st
Just wait til you see what I am putting up in 5 mins or so LOL
Thanks Barydutton
I told some friends about EOS before but with this your article, I now have more to educate them and myself.
Actually the gains and consolidation points of EOS have been quite impressive, it surprised me at a time. It is one coin that has really rocked the world of cryptocurrency.
Meanwhile, Dan Larima deserves commendation. The L'arima Effect' is indeed fitting of his hard work. I'm decidedly inspired by him
Once more thanks for this Article.
You are welcome!
Please try to ensure you spell Dan's name right as per the article -- anything with him in it can be searched online more easily, with the correct spelling and nobody will miss your work, or others.
Best wishes my man!!
it was quite interesting.. thanks for sharing mate... i loved it..😊
wow i just returned from a eos meet up and seeing this post from you has doubled my conviction of getting some eos
Just wait til you see what I am putting up in 5 mins or so LOL
HI I went in the ICO, I bought some more after, I am confident and we will achieve even more together. We have a strong community here and this will be awesome. I have even bought some more in this "dip". I love bearish market, but somehow I don't think that this is the end yet...
Thanks for the helping information
Good for EOS.
Realistically, most coins that are hot out of the gate go through slumps after the initial excitement. It's a kind of manic depression.
Strangely, the same pattern appears in gold exploration. I've seen the stocks of a few projects that went to paying mines wherein the stock priced slumped while value was added by the project getting closer to a paying mine.
I don't know why the same pattern pops up in two completely different industries. Best guess: most speculators put their money where their emotions are.
Knowing about that mining-exploration dichotomy added to my courage in HODLing my STEEM when the times were lean. If anyone here wants to take advantage of it:
........... Better stats for Steemit.com;
plus.... a plummet in STEEM;
equals a long-term buying opportunity.
Just pick your price points.