JUMPing into EOS ! Trading at $2.22 on Kraken ... cheaper than the ICO..(most days)..

in #eos7 years ago

For reasons beyond me, EOS is now trading on Kraken at $2.22 per token !! This is much less than going through all the hassle of buying it through the ICO at EOS.io. I am starting to see articles comparing EOS to the likes of early Google, Facebook, etc.. and if Dan's claims and promises turn out to be true, I don't think this is much of a stretch. To wit:

                        Ether - tens of transactions per second
                        EOS - millions of transactions per second

EOS has no cost to the individual user. Costs are borne by industry paying for their allocated portion of network resources using the actual EOS future token (issued after the ICO is finished and a snapshot of the EOS ether erc20 place-holder tokens is taken to see who is entitled to an equal amount of actual EOS tokens).

There are no more hard forks. (A hard fork split Ether into Ethereum and Ethereum Classic; based on the disagreement to dial back the clock to nullify the theft of tokens from the DAO). EOS is more flexible and reparable in these cases; not requiring the drastic hard or the almost as dreaded... flaccid fork to repair the damage. I'm sorry--apparently it's called a "soft fork."

EOS coding language is purported to be easier to use for developers to create new apps ad infinitum, in less time and therefore, less overall cost. The EOS team has a solid track record having already created BitShares and coincidentally, another small obscure site called Steemit.com.

Even with the BitShares level blockchain, transactions are already at hundreds of thousands per second.

Most of this is common knowledge for crypto-enthusiasts... but for the green investor, a quick re-cap can be helpful. Always do your own research... and at the risk of inducing nausea - Don't invest more than more 2 months worth of profit from your weed sales or more than 10% of your trust fund.

This was our precious EOS up until the other day. Today, early Sunday morning 0337hrs... trading at $2.22.

I don't have any more to give... or I would be jumping all over this.

Sort:  

If you follow & Upvote me, i will follow and Upvote you...!

U could have bought at 1.9$

Nice post bro!!

With an Platform/Asset/ICO like EOS, its just not speculation thats driving the market up/down. EOS has a lot to back itself with. It delivers solutions to known issues that exist with alike platforms (ETH/BTC). These solutions not only remove certain known barriers, but also provides new opportunities to decentralise ecosystems that wasnt possible due to limitations. For example, a blockchain solution to decentralise central applications like 'UBER' wasnt possible because of the amount of transactions.. EOS has taken a giant leap and wiped off such limitations. There are other factors like - cheaper and more economical since there isnt a GAS feature unlike that of our friend Ethereum. An end note - Buy and HOLD, you will thank me ;)

Congratulations @blockly-rob! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published your First Post

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @blockly-rob! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You got a First Vote
You made your First Comment
You got a First Reply

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @blockly-rob! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Quarter Finals - Day 2


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @blockly-rob! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.031
BTC 87638.53
ETH 3170.89
USDT 1.00
SBD 2.79