EOS Price on June 1st 2018
While the speed of EOS funding, currently tops 2.6B USD after 8 days, doesn't guarantee the speed of development of the platform, it create the transparency as to the level of capital block.one will have at its discretion to accelerate and support the EOS application ecosystem.
To that extent, the whole world is watching the EOS ICO and at this early stage the price of an EOS token trades at ~$4.3x / and its formal value at the the end of Period #2 was $6.04.
Please add your thoughts on what you think the EOS token value will be at Period #350 on Jun 1st, 2018.
I have a strong suspicion about EOS. First, I missunderstood their ICO terms. Didn't expect it to be tradeable immediately. But now it all makes sense, and might be the biggest scam ever.
They have collected 650000eth in their first round. That's their capital now. If they get more than 6500eth in the second round, which is 100 times smaller, it will seem there is rising market demand. So, it is enough for them to put 1% of their newly scammed capital back in to their own ICO to 'break even'. If they sell it at ever rising market prices, they will be able to multiply those 650k easily. And since it's a closed market, they have almost full control over it - a pump / dump paradise. With stolen eth!
If this is really just a rebranding of Bitshares, I tip my hat to the scammers. Well played. I hope there is something illegal in this.
https://github.com/EOSIO/eos/commit/7584ca2f927cb4179b8b02e9ca90884b661750dc
And what does it mean?
Respect the perspective Chris. No surprise that Bitshare code is being leveraged as Dan Larimer is the EOS CTO.
my bet : $2.30 USDT
50 cents