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RE: EOS is Going to Have Another Great Month! Smashed Past $13 for Huge ATH Breaks Last Week. A Recovery Week for Most Projects. On the Move Up Again after 4.5 Days.
How can a project that doesn't even exist have such a valuation? I get that there's exuberance on the speculation side, but this much exuberance? Price and market cap for EOS seems way overblown.
#LarimerEffect
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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 that is widely known.
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.
-- Most 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.