The Larimer Effect: EOS is Going to Have Another Great Month! | Look at the Tight Spring / Coil Pattern Where We Are Today.

in #eos7 years ago (edited)


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.



It hit massive ATH's just about 2 weeks ago, smashing past the $12 mark in a short period of time.

It's having a great month on the charts and we know most all coins have had a huge up and down last ~10 days:


Here is the ~65 Day view from HitBTC since CoinmarketCap.com charting is still down (3 days or so now)

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.


After a TOUGH few days for Crypto, EOS has held tough, and rebounded again and is on the move after just 4.5 days of Christmas blues!


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.


Thanks for reading, have a nice day.


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The negative weather in the crypto money market last week caused fear and panic in the bitcoin and subcontinental mosque. Especially new ones on the market were influenced by panic. This week, with increasing prices and a big surprise, EOS.
And where's the bottom photo? I want to go there :)

I have found it interesting that so much money has blown out of BTc again into other projects the last 10 days or so, very pronounced.

I think the market sees a lot of new tech, improvements and are sick of the BTC politics and stagnation to an extent.

Wow!!nice one thank for notifying us about btc and those coins,thanks for sharing it to us on steemite,,,,,,you can upvote my vote @horlly

indeed i believe that in the long run EOS is going to be lager than ethereum.

Yep.

I am a bit of a dullard when it comes to tech but man, it is going to be a huge infrastructure. I know I cannot get my mind around it all.

Why are the new functionalities taking off

There’a so many altcoins right now it’s hard to separate the good from the schlock. And don’t even get me started on Bitcoin forks. Feast your eyes on 29 Of them:

https://en.m.wikipedia.org/wiki/List_of_Bitcoin_forks

I like EOS though.

LOL

Good to hear from you other Barry.

It seems like all the alt-coins that offer new or improved functionalities are taking off.

EOS is massive, it is far from just a coin.

I am a bit of a dullard when it comes to tech but man, it is going to be a huge infrastructure. I know I cannot get my mind around it all.

hodl my friend

I just followed you cause your posts seems to be informative post you can find similar crypto news on my steemit that might be productive for you too...
@reewy

Larimer is GOAT.

I'd like to see him create a court/jury type of blockchain that rules on disagreements.

We can call it JUSTICE and it can gradually replace the Supreme Court justices as they die off.

I will never speak for him -- he or maybe @jamesc could chime in if they want but I know for a fact, he has been working on such things for a long time.

I believe some of that is built into EOS with his usual long term vision -- to go where no projects have gone before.

I can also say, last year, and I mean long ago.... he commented on one of my posts about governance and said something to the effect when he was just about to launch the phase 1 plans for EOS -- "guess there is a need for ______ governance and related structures on the blockchain"

I honestly remember the basics and night he made that comment to me on my blog, it has always stuck with me, so I knew he was serious then.

I hope I get to have lunch with him one day LOL.

I've said that a few times now.

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