What's some proper FUD on this shitcoin?
What's some proper FUD on this shitcoin?
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be careful or you'll end up poor
eos will flip bitcoin, never mind ethereum
does that upset you emotionally?
it's still an erc-20 with no foreseeable mainnet.
No? I'm planning to swap all my ETH into EOS but I'll have to do more resesarch to make sure SEC won't fuck it up because year-long ICO, Larimer won't leave the project to decay like Bitshares and STEEM, etc.
Any other FUD direction is welcome as I need to investigate it
This, for example, is not valid FUD at all. Their test net is ready to be tested and looks good. It builds on Larimer's framework that he used to build both Steem and Bitshares. It's very unlikely they won't ship a mainnet
why not try the pedo argument or the "hurr durr muh logo is stolen from ETH" argument ?
Regardless of whether or not the project is successful the coin will get a huge pump and I'm just happy knowing I'm holding a small amount.
>eos will flip bitcoin, never mind ethereum
I like EOS myself but to compare it with BTC Is just stupid. BTC is for decentralized payments, that is not the market EOS targets at all, so to try to win over that community and compete in the area is really stupid.
The guy who was informally accused of pedophilia was fired and the logo thing is dumb
Easy , Ada is better
That's all you need to say to give eos Autists some Fud
Shady shit keeps happening around it like the pedo guy and the other guy who keeps jumping from project to project, im sure you will be able to make money from it but I personally don't trust it to have a healthy future
>BTC is for decentralized payments, that is not the market EOS targets at all,
Doesn't mean it can't flip it in terms of mcap if that's what he meant
I doubt BTC will be dethroned, but Ethereum is so weak right now that it has to happen soon enough. I tried to read all threads on Jow Forumsethereum and Jow Forumsethtrader about EOS, and it just showed me how scared they are while being completely unable to come up with proper FUD
Yeah, that's another thing. I just don't get the "this blockchain must take over EVERYTHING" from someone else meme. it's like wantin GMail to become the new facebook
Meh, ADA is more of a pretentious pseudointellectual shitcoin. Their paper wasn't even that good (compared to snow white paper for example,) they keep repeating their "scientific" babble, and EOS development is a lot faster and more practical. I don't really see them as a threat, but you're right that maybe I should look more into ADA FUD
there's no point holding the token unless you are a big dApp company that needs to make a bunch of TX/s, all the token does is let you vote on who gets to suck 5% of inflation out of your holdings per year, but if they try to reward you for your vote you get partyvanned by Brock Pierce and forced into his gay harem
I wrote over 1 month ago on this forum that EOS is the perfect crypto hype coin
*6-8 weeks news hype cycle until launch
*A "cheap" price below 10$
*Airdrops coming, "free money"
*A lot of unproven tech, making it easy to shill
*Support by big finance, is not a dark net money coin like BTC
*Will have it's on ICOs
Regardless of what you think about the tech(I do not care since I am working in fintech and trading) this is a very good setup for any crypto. and remember that EOS has been quite stable the last weeks dumping times
That's just reddit-tier FUD user: reddit.com
And Ethereum governance is a million times worse. Their future is not healthy at all
>there's no point holding the token unless you are a big dApp company that needs to make a bunch of TX/s
Same with ETH
yeah but eventually you'll be able to stake ETH and at least keep parity with inflation
>*A lot of unproven tech, making it easy to shill
It's not even unproven though. Steem has dPoS and it's literally the most active blockchain with more than 1 million transactions daily. More transactions per day than any other coin in the space. Bitshares was already tested at 3k TPS too. I trust it more than I trust Ethereum's Casper/PoS
>remember that EOS has been quite stable the last weeks dumping times
Yeah it's been steadily increasing against ETH which is annoying cause I'll go via ETH/EOS
Having +80% of EOS in my partfolio and looking forward for the price to go sub 5$ to round up, the best fuds are:
- 5% inflation is too much. It can (will) be decreased by voting for sure though. But I want as little as possible to keep prices high.
- The legal statements about token value in eos.io, even if with a reason, are scary and will be till June 1st
- The dump that most likely will happen after main net is released and/if the presented project are disapointing (which I am expecting considering the big architectural changes in Dawn 3.0 with so few months to develop on them)
Do you want more? All and all, 30$ EOY minimum.
>- 5% inflation is too much.
Fair
>- The legal statements about token value in eos.io, even if with a reason, are scary and will be till June 1st
Really? For me it's a plus that they're not oblivious to regulation problems. I don't think there's any chance they'll scam investors via this little technicality
>The dump that most likely will happen after main net is released and/if the presented project are disapointing
I'm sure the GitHub activity and progress will tell. If I'm unsure, I can just sell before June and see if I can get back in after the dump. If it just moons, oh well, moving on to the next project
>Do you want more?
Yes please
yes, but EOS is not deployed yet and I think you get my point. There is a lot of wishful thinking and not any production grade apps.
Yeah that's fair enough. But Ethereum's PoS is not proven either, but I guess it doesn't have a release date either
The core team is based in CHINA.
It’s a gook coin
oh yeah, it's literally impossible to prove that block.one isn't recycling ETH from the fundraiser, even with an audit.
a five year old could think of ways to do it, if you have those resources.
That's true, but one of the reasons is that the ETH production system as usual met a lot of unexpected bumps in the road. The same will happen to EOS, like any software out there
I love how the Larimer Gang launched their new scam. It's hilarious. First they attempted to dominate the mining and then when they didn't due to "technical difficulties", they invalidated all the previous miners' rewards and relaunched it so they could have a second try at it and they succeeded that time. What type of a messed up joke is that? To those of you who were around when the Larimer Gang first entered the crypto scene with Protoshares, you'll remember the Larimers did a similar trick then too. I mined Protoshares from the first few blocks on the chain. There were numerous complaints on the PTS/BTS forum about people having connection issues and having their miners getting booted off the network. All the while, the Larimer Gang was happily mining away and denying that there were any issues. To this day Stan Larimer (aka Daddy Larimer, aka The Ringleader) claims this isn't true, but anyone around back then knows it to be fact that the Larimer Gang and their Chinese Communist associates were mining the heck out of PTS.
Now, they have this Steem garbage, which is a blatant ripoff of Synereo. The Larimers don't have an original idea in their body and can only poorly mimic others' creative concepts to hopefully scam a few suckers into giving them their money. Just like they ripped off NXT's PoS algo and poorly implemented it as DPoS in Bitshares, they are now doing the exact same thing with Synereo. Heck, they even chose a name that is very similar to Synereo, "Steem". I'm sure they're hoping that people get confused, because they both start with a "S" and purchase their poorly implemented scam.
Yea honestly I don't understand the concept so much. I just trust them to make it work with their team of geniuses. But those damn cucks are taking a long time.
check this out sanbase-low.santiment.net
About the June dump, is gonna be hard to avoid. I am expecting this to happen: very few airdrops as expected (or very few relevant ones) but at the same time, relevant ETH/NEO stuff announcing to move to EOS. So the decision when or if to dump will be a russian roulette. I am specially affraid of weak hands korean investors and what their intentions are.
More fuds from my own reserve:
- The whole constitution thing smells bad from chapter one ("Do not lie" stuff and using real identities) - still, can be voted out
- The actual balance between token price + network raw power + user consumption + token producers profitability. It all will adjust eventually, but to an unknown point. Will it be good for us early investors during the first years, and how much? Hard to say, but for sure much better than ETH Casper lol
best strategy is probably to sell (or put stop losses) 3 days before main launch. Then wait until action is over and buy in lower. if market not crashing, then all is still good. risk free scenario
>>The core team is based in CHINA.
That's actually worrying if true, I gotta research the team more. It's good if they have a gook marketing team to promote their shitcoin in China, but if their core dev team is Chinese, then that's only a step above outsourcing your development to India
Risk free but also biggest profit free. Imagine if something really huge is announced during main launch (and I am expecting huge things by then, like the war chest being opened and fireworks exploding everywhere). If you sell 3 days before, and then the price goes up 20% or 40% in a day, you are not gonna be happy.
Best tactics imo: stop losses as you say, specially while being asleep and koreans are fucking around, but also monitoring the hell out of the market during day light.
>I just trust them to make it work with their team of geniuses.
Yeah but the problem is that academics are retarded when it comes to shipping. They just like masturbating over theoretical considerations and proofs and measuring their research dicks, and they're less interested in actually deploying a working system for the common end-user
that's why i said place a stop loss, not a sell. then you lock in the profit. you can also put it for only your invested capital , then let the rest of EOs worth ride
Thanks user all good points
The people buying eos are shooting themselves in the foot. Let them buy the centralised shitcoin. Just like ripple buyers they will be culled from the decentralised future along with the banksters.
You can't get more centralized than Ethereum's proof-of-Vitalik
It is true. Why do you think they go out of their way to not show anyone on the team outside of the board / C-suite?
Do you consider the 7 nodes max of Neo or having 2-3 big mining pools to be more decentralized than 90 block producers candidates around the world?
Oh so it's a supposition not a fact. May be true, but I'm gonna go get 15ETH worth of EOS for now
No it's actually true, and I'm not going to ID myself by revealing the source.
Was written by me btw bouncing back and forth from computer.
EOS is China outsourced nonsense
It has a much smaller growth potential than HPB.
It's centralized, it's just a fancy database.
what is your take on the need to register your tokens before the 1st of June if you move them out from Binance?
It is a bit weird for me
muh pedo coin
They state it themselves that the EOS token as no value or use case and is just seen as a donation towards development.
whale cartels that will control the 21 nodes, that's why they haven't dumped like every other coin in the bear market
Sounds like you just pick the wrong projects.
Whole lotta gang shit.