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RE: Eos Price Forecast - 12th November

in #eos7 years ago

Just looking at the charts will only ever tell part of the story. There are a number of landmarks coming up for EOS which should have a big impact

  1. The coming public testnet. This is in 3 weeks (4th Dec)
  2. Halfway through the token distribution period (timewise) - in 5 weeks (16th Dec)
  3. Over 2/3rds of tokens distributed - in 6 weeks (23rd Dec)

Then the following will could all start some decent momentum

  • Announcement of partners / dapp funding
  • Working proof of concept dapps on testnet
  • Serious infrastructure players start testnet nodes

Of course, there could be negative factors which play a part as well

  • The bitcoin wars could cause a meltdown in crypto markets.
  • Various countries regulators could come after crypto
  • Competing chains could start to look more scalable and or just better than EOS
  • Major flaws could be found in the EOS design or it simply turns out to not be as good as is expected
  • Some of the FUD about block.one turns out to be true

The next few months are going to be very interesting.

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