How the fuck does EOS have 5 billion in volume? I refuse to believe this is legit. I know wash trading is the norm in crypto but this is ridiculous. exaggerated beyond belief. Not even Eth or XRP has anywhere near that volume since early January. (and back then they both had almsot 200 billion market cap with only a about 8billion volume at peak. Bitcoin hasnt even averaged this much volume before the past 2 weeks.
Not telling anyone what to do with their EOS, but be fucking careful about your entry and exit right now. this is not legit at all.
Bitfinex is wash trading it to impress EOS.io so they can become a block producer. Duh.
Nathan Clark
God people are so easy to manipulate in crypto. You overdosed on blue pills user.
Zachary Roberts
me2 thanks
Colton Ward
If this EOS bubble bursts what does it fall to?
Andrew Martin
probably ETH and NEO
Cooper Hernandez
what the fuck you talking about? this shit is obviously not real. the entire market is fake. but even then we have established norms, and EOS is currently blowing them out the water.
>An ECRO20 token, highly manipulated and going through a massive coordinated shill campaign for mainnet is goign to overthrow ETH (lol). >More volume by more than twice over the network the token is based on. >no fucking mainnet. ADA is accused of vapor wear yet EOS is getting a free pass >people putting 100% faith into the team in crypto market of all places(retarded move, all coins are shitcoins). >EOS has ridiculous number of ETH ETH from ICO, absolutley deluded if you believe they arent spenidng it on massive shilling and organised wash trading.
Lincoln Ross
It is the most important project out currently.
Idk why faggots think that user fees are going to be the norm or that networks that can do 2-3 TPS are going to be acceptable.
Gavin Thomas
It will burst but its going to burst in the form of the dapp bubble popping. EOS represents the bubble that will begin the dapp bubble.
The dapp bubble is current in stealth phase right now. The first bear trap will probably be after mainnet goes live or after the first dapp gets an unusual amount of attention.
Some idiot is going to make a fart dapp that lets you make money from farting. Boom bear trap. we go back into silence then the next facebook fucking emerges.
The dapp bubble will be identical to the dot com bubble. Anyone and everyone with a half assed dap vaporware idea will profit millions. It will get so fucking insane we will be god damn SICK of dapp ideas and shitty implementation.
We will probably also see someones shitty dapp software literally cause problems for the entire eos network / platform.
Jow Forums will be right in the middle of this entire fiasco and its going to be glorious right up until the bubble pop.
Isaac Davis
and that suddenly makes all this shady shit okay?
FTW most people buying it have no fucking idea how blockchains work, and have absolutely no context on what EOS is or plans to do, and why its doing waht its going to do.
and they buy it.
Its so vastly overhyped i don't even know where to begin. Yes its tackling a problem, but its not like other projects arent doing this too (in fact there i one in particular that's already beaten EOS to this goal post already, and even has daaps, but its not a shillcoin (wont name it because im not shilling).
The side chain solution isn't unique to EOS, and the TPS problem has many solutions, especially ones that don't need to be centralized af. to even call EOS an operating system is just plain wrong anyway, i read the white paper, and its not an OS in the traditional use at all. no fucking way. What kind of Kernels is it even fucking using?
The year long ICO and the amount of hype along with the excessive wash trading is a bad sign. This could be really fucking bad for crypto if the project leaders start to cash out soon, imagin if something like 1 billion USD left the market through EOS in cash, thats probably about 25% of the entire real liquidity i nthe entire fucking market.
Josiah Peterson
or dapps take over the world and you stay poor poorfag
Look at steem and apps like utopian.io. They're so succesful just because the dapp concept works so well for them it's not even funny.
Hudson Ortiz
Trips of truth, capped.
Michael Stewart
I'd guess like ~13$
Gabriel Thompson
>new paradigm!!!!!! classic bubble
Zachary Lopez
Thanks for agreeing with me, I guess? Learn to read
Andrew Murphy
they're buying their own coin with the eth proceeds they're receiving. It's the biggest scam to ever exist in crypto, shits gonna crash hard af
Jack Martinez
We haven't had a real good hack / scandal in awhile. My money is EOS will be the next one.
Julian Ramirez
>It's the biggest scam to ever exist in crypto, shits gonna crash hard af faggot fudders like u are what made me miss out on ETH. not this time, kike
Thomas Phillips
Shut up faggot, make money and if u can't who gives a fuck if it's manipulated.
The point is not to go against the wave but to ride it. Who complained when Did you also complain when Ripple went from $0.02 to $4? Of course it is highly manipulated, of course it will dump hard before the mainnet releases. Did I make an easy $5k riding this bitch from $5 to $20? Fuck yeah. Can it still go to $30? Sure it can.
Well I see what you're saying user but BTC hit ~24 billion and ETH ~10.. If we look at 25% market cap EOS vol though you are right it is extraordinarily high, BTC right now sits at a more standard 5%
Lucas Ross
There is a shitload of VC money fomoing in. They know something we don't, I think the sponsored dapp demos are going super fucking good.
Sebastian Cook
DOESNT MATTER DOESNT MATTER DOESNT MATTER
SINGULARITY IS NEAR
READY FOR SERGEY TO URINATE ON ME
Angel Richardson
NONE OF THIS MATTERS SINGULARITY IS NEAR PRAISE SERGEY AND DOCUSIGN URINATE ON MY FACE
David Lee
NONE OF THIS MATTERS DOCUSIGN GOLDEN SHOWERS SERGEY
Robert Nguyen
koreans LOVE eos. I dont know why, but korean exchanges are a huge part of that volume, more so than most others. Even before this pump the vast majority of volume came from them.
No on pumps a coin like koreans.
Gavin Long
LOL
Daniel Campbell
after ETH got up around these prices it spent the rest of the year bleeding, I was like you goys and left a sizable emotionally attached stack on it, it finally got up again but has never actually fully recovered which not only cost me ~50% in the sats but far more in the multiple moon missions i'd only had smaller amounts on.
you have not missed out on anything, you have already won but are holding out for a long shot extra 50% instead of looking for the next 5 - 10x, you just don't have time for this shit user
Leo Perez
koreans pumped eth last year. doesnt mean jack shit. they will pump something else soon enough once they get tired of these eos bags.
Alexander Carter
we are 4 weeks out from mainnet launch, once the promotion of launch really begins we will see another push, possibly towards number 3 market cap before an epic dump.
I will be selling 1-2 weeks before the token swap, then rebuying after mainnet launch to take advantage of all the free airdrops and hold eos for at least a year.
Julian Cooper
kys
Ian Ortiz
Most of the OKEX and HUOBI volume is fake so you can count out that the equation.
