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RE: EOS vs. Ethereum for Dummies!
Awesome. Amazing summary of features and upcoming landmarks. I am one of the idiots that got really excited about Ethereum when it was around $8 and talking about it to friends amd just never invested. Kicking myself hard at this point. I've been waiting for a big correction to maybe put 50% of my BTC in ETH, but it just keeps surging. Not sure what I'll do at this point, probably miss the boat as usual. Think it's too late to jump on the ETH train, or are we going north of $1000+ for sure? Haha wish I had a crystal ball... Also, I thought Vitalik was really pushing sharding vs lightning channels?
I'm out for the moment. Believe in ETH long term. Look at the one month chart. It's a declining trend since the 12th of June or thereabouts. Now it may be in a turnaround phase. However if it dives, the downward trend continues.
I'm in this long term. I'm keeping plenty of cash to the side for the moment because there is crazy volatility in cryptoland. Furthermore the problems (seemingly related to ICOs) of recent times don't help. I was sold on ETH because of it's promise of scaling well. However we have seen that it is not without its own issues. I'm sitting on the fence for the moment. Also IOTA looks seriously promising...
I'll finish by saying I think both ETH and IOTA have a future. Not so sure about bitcoin...
We live in interesting times...
It's declining in part because of all the massive ICOs. Companies that did ICOs cashing out is suppressing the price.