EOS Smashing Records to New ATH's. My Overview of Their Big News Release / Video Here Today on MAJOR Updates, Announcements | New ATH of $18.64

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 today by EOS.io


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EOS - 1 Month Chart:


I wrote a few days ago, about the tight coil pattern EOS was showing.... ready for a breakout:

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 in a short period of time.

During the last 20 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 :

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 ~20 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:

Last 30 Days:


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:


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.


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Some of my recent blogs:

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https://steemit.com/crypto-news/@barrydutton/crypto-godfather-charlie-shrem-on-the-keiser-report-video-a-great-watch-7-mins

https://steemit.com/christianity/@barrydutton/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/crypto-news/@barrydutton/video-wealth-research-group-precious-metals-must-own-asset-central-banks-overstretched-nomi-prins

https://steemit.com/investing/@barrydutton/investment-language-101-series-term-of-the-day-what-is-asset-class-or-e-68-or-trading-candle-cheat-sheet-incl-each-episode

https://steemit.com/bitshares/@barrydutton/blocktivity-resource-report-1-12-2017-bitshares-and-steemit-or-website-measuring-blockchain-activity-or-steemit-and-bitshares

https://steemit.com/curation/@barrydutton/cryptocurrency-on-hodl-what-are-you-hodl-g-or-sodl-g-today-11-or-origin-of-hodl-always-included-for-newer-crypto-folks

https://steemit.com/investing/@barrydutton/investment-language-101-series-term-of-the-day-what-is-futures-contract-or-e-67-or-trading-candle-cheat-sheet-incl-each-episode

https://steemit.com/bitcoin/@barrydutton/crypto-101-video-49-mins-wcn-the-world-crypto-network-the-bitcoin-group-171-mast-treechains-coinbase-petition-south-korea-grab

https://steemit.com/crypto-news/@barrydutton/kfc-canada-just-started-accepting-bitcoin-in-store-immediately-sells-out-of-product-mainstreaming-and-bitcoin-bandwagoning-kfc

https://steemit.com/bitcoin/@barrydutton/crypto-101-video-13-mins-wcn-the-world-crypto-network-today-in-bitcoin-2018-01-12-is-coinbase-spamming-the-bitcoin-network

https://steemit.com/eos/@barrydutton/439ld1-crypto-101-market-update-welcome-to-fud-fridays-again-or-updated-or-new-crypto-fam-markets-usually-dip-on-fridays-do-not-panic


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Sort:  

Recently bought 0.5 ETH worth of EOS. Not much but it's still nice to see the run up in EOS prices.

These days 0.5 ETH is a lot

LOL

Good on ya.

thanx for the information . will buy a little

Better make it a lot... a new dawn is coming. 🐳

LOL.

We all can use a little more #EOS and @dan / @dantheman in our lives, I know that much!!

Ain't that the truth!

Buy what you can afford.

100% in agreement about Dan Larimer. I think EOS will reach $20 soon. Everipedia token airdrop is nice bonus for top holders of EOS token. Looking forward to seeing how the project continues to develop.

Great job @barrydutton..:) your post is very interesting, I like your post, because it can add insight for me, hopefully the future can provide better posts again, so that I can know many things in my life, thank you..😊

You are right, it is the future buddy, wanna see more like this, so follow up you, keep sharing and keep it up, it made my day.

EOSio to the moon, congrats those who were in early.. massive profits to be made

I really honestly believe our #SteemitDad Dan Larimer is brilliant with morals ---- something rarely found.

block.one really worked out their seductive arguments to the south Koreans.
their presentation is classy

They had the little mishap near the start where the one person came out too early for their spot but they have a ton of vision.

I am super interested to see where the project goes long-term. I have eth as well, but if EOS takes off then they sort of compete with each other, don't you think? I guess one catches the other.

They will not run in parallel, completely. That is from a technical POV but there will be overlap.

  • those are my opinions.

And there is LOTS of room for projects and competition and room for everyone.

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