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EOS Update: WHY I LIKE EOS !!! by haejin

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· @haejin ·
$2.45
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@awayforhappiness ·
post was resteemed by @wayforhappiness
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@boostupvote ·
This post was resteemed by @boostupvote

 All the best!
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@cryptotonic · (edited)
I think EOS sounds amazing....except with the ICO still in progress for another 261 days, with 2 million tokens a day being released, I can't fathom how the price can fundamentally move much in this time??

 Especially since the way the ICO is structured it's like a reverse supply/demand model, where they distribute the tokens from each 24 hour period, evenly based on the amount of ETH contibuted.  

The greater the demand, the cheaper the EOS, and if demand drops, the price of EOS for that 24 hour period goes up. 

Once the ICO period is over in 261 days though, all bets are off!
👍  ,
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@haejin ·
For me, fundamentals have no opinion in my Elliott Wave counts. Technical Analysis begets fundamentals and not the reverse. So, even if 10 million per day....my EW count relies on sentiment of Greed/Fear to do their job. Greed unbound has no limits and overcomes many resistances.
👍  ,
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@exxodus ·
I LOVE EOS if they can deliver on everything, but I HATE the token. I don't see why anyone wants it. Block.one already said they wont give anything for token holders. Why isn't the erc20 token worth $0??
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@dziadkowcem · (edited)
Here is about the philosophy of this ICO https://steemit.com/crypto/@razvanelulmarin/eos-ico-announced-what-s-gonna-happen-and-some-updates-from-dan. It is obvious that traders will not like it. But that was the goal!
👍  
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@haejin ·
I don't know my friend...I only read the waves. Also, Elliott Waves states that an event or a news shall arrive to justify the forecast and not the reverse.
👍  
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@exxodus ·
But I mean the token is worthless except by a group of people who still for some reason "think" it has value? idk...I don't see how anyone wants it, despite the idea of EOS being amazing. Like how does block.one even still expect people to purchase it?
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@foobarme ·
During the bitcoin correction post Wave 5, when it enters ABC, how low could E O S correct to?
In terms of Elliott waves  say it enters a new wave  1 going to Wave 5 in next month pror to Bitcoin's correction. Could a bitcoin correction bring it down to present lows, or would it hold above the previous wave 1? Thank you.
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@haejin ·
Post Wave (V)  the ABC is expected to reach prior Wave (IV) which is sub $500. More specifically $130.  What a buying opportunity this will be! Because $27,000 or higher would be next.

I'll be reposting another Big Picture video.
👍  , ,
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@grizgal ·
$0.11
So you like the fundamentals of EOS as well as the technical picture.  That's got to be good.
👍  
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@haejin ·
Yes. But with the belief that TA begets the fundamentals and not the reverse.
👍  ,
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@healthiswealth ·
Hello haejin,
If I buy EOS on any exchange today will it be a converted to a EC20 token?
Are there two EOS's coins?
Anything Dan is involved in is Golden!
thanks.
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@grizgal ·
$0.18
You are buying the EC20 token.  The issue is that the EOS website states:

'The EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the EOS Platform.'

https://eos.io/faq.html

However, I believe that the EC20 tokens get converted at the end of the crowd sale (June 2018)  into a new token on the EOS chain (or similar).  Its not clear though.
👍  ,
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@healthiswealth ·
Hi, and thanks.
So, if I understand correctly if I believe in EOS, @dantheman / @jamesc and @modprobe and the rest of the team I am safe to buy EOS on Bittrex or where ever its sold?
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@haejin · (edited)
I don't know. But I can't see how not. It would be considered as fraud and ruin the rep. Yep! Dan Larimer is NOT a thief nor a crook! I try hard to take his example of working for the good of humanity and find a way to give back.
👍  
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@healthiswealth ·
So there is about to be two EOS's ?
I am confused..
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@jefft · (edited)
$0.27
Yess EOS is the shit
👍  
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@haejin ·
$0.17
Damn right!
👍  , ,
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@kcfrau ·
$0.03
Good news for investors who bought their EOS on an exchange.

https://steemit.com/eos/@kcfrau/eos-io-is-now-updated-to-inclue-generate-eos-functions-for-non-metamask-users
👍  ,
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@kingg ·
it's pretty obvious that EOS is going to be $100+ coin soon I am glad I am apart of the early adopters.
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@truckminer1980 ·
I'm not going to miss out on EOS... 18k holding till at least $12.50.
👍  
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permlinkre-haejin-eos-update-why-i-like-eos-20171028t013705866z
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vote details (1)
@haejin ·
Best to be well diversified.
👍  
properties (23)
authorhaejin
permlinkre-truckminer1980-re-haejin-eos-update-why-i-like-eos-20171028t022556260z
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vote details (1)
@wayforhappiness ·
post was resteemed by @wayforhappiness
properties (22)
authorwayforhappiness
permlinkre-haejin-eos-update-why-i-like-eos-20170925t020448182z
categorybitcoin
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@weirdheadaches ·
Bitfinex apparently is not letting me trade because i am in the US. Wtf? Anyone know anything about this? Right now im using bittrex but there are things i dont like about it.
properties (22)
authorweirdheadaches
permlinkre-haejin-eos-update-why-i-like-eos-20170924t090127073z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
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@grizgal ·
$0.11
EOS has said that due to US legislation, they will not allow US citizens to buy or trade EOS tokens.  Therefore, they could be limited for US citizens on exchanges.
👍  
properties (23)
authorgrizgal
permlinkre-weirdheadaches-re-haejin-eos-update-why-i-like-eos-20170924t125200964z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
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vote details (1)
@haejin ·
Can you post a link on this intel? Interesting.
👍  
properties (23)
authorhaejin
permlinkre-grizgal-re-weirdheadaches-re-haejin-eos-update-why-i-like-eos-20170924t191310246z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit/0.1"}
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vote details (1)
@haejin ·
They are kicking all us accounts out. Go to Bittrex
👍  ,
properties (23)
authorhaejin
permlinkre-weirdheadaches-re-haejin-eos-update-why-i-like-eos-20170924t113440746z
categorybitcoin
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vote details (2)