/biz/ - Business & Finance

I'm considering putting $10k into this, but I feel like it has to dip sometime... right?

>>9068163
>I'm considering putting $10k into this, but I feel like it has to dip sometime... right?

not before mainnet for sure. if DAN deliver it, it will dethrone ETH by EOY

>>9068163
it's been doing some short term 382 retracements and mid term 618 retracements, so there are small pullbacks, but don't expect a big dip any time soon

Checking in. Was at 8k about a month ago.

>>9068303
anon, fuck i missed eosdac airdrop. will binance drop eosdac later? i kept it in bnb and forgot.

>>9068428
they haven't said whether they will or not

>>9068471
any new airdrops coming. can you share airdrop calendar? i dont want to miss this time

do you guys think the price will hold after the tokens are frozen and during the month it will take for the network to boot up?

>>9068516
tons, get your tokens off of binance and register your address. you won't miss any if you do that.

>>9068689
Yes, the ICO won't be dumping 2 million coins a day onto the market.

>>9068689
once n/w up.. there would be motherfukking bull run for EOS.

how much eos do you need to make it?

poorfag with 25 here

>>9068750
26

>>9068750
1,000 eos = 1 million USD in a year so you tell me

>>9068750
26

>>9068764
>>9068784
>>9068830
fug

>>9068764
26 bro

>>9068152
only 400 EOS, am i gonna make it

>>9069292
401

>>9068152
How many EOS for her EOY???

>>9069337
She only accepts XLM.

>>9068750
Wanna make it? Ride that 25 up until mainnet... sell... and put all in Link

>>9069402
and BNB the new nigger coin

>>9069402
lol nice

We warned you /biz/. You thought we were shilling.

How to buy after mainnet? Exchanges will just switch to the real EOS token?

1.6x and EOS will flip Bitcoin Cash

They have 1 billion USD, this is happening boys

>>9068152
Is eosDAC having a p&d now or something legit happened? I almost sold yesterday and woke up with a +84%, gave me memories of last year.

>>9070042
I registered my EOS account before the snapshot for EOSdac. How do I claim them so I can trade?

>>9070050
Nvm, it's on the EOSdac site. Fuckers said May 15th..

>>9070042
EOS $1000 EOY 2019
eosDAC $10 EOY 2019
Everipedia who knows it doesn’t matter we mooning

I almost put $10k into this a month ago when it was $4 but you fuckers were FUDing the shit out of it. Now you're all shilling it. Lesson learned, always do the opposite of what biz says.

>>9070096

I wonder what a good buy up to price would be for EOS. I already have 420 of em and I'm thinking of maybe buying another 100..

>>9070050
How much eos do you have? Search for eosDac contract address and if the amount of last transactions is smaller than your holdings, then you need to wait till they automatically transfer to your wallet. If that already happened and you dont see it (what wallet u use?) then you need to add eosDac token address with 18 decimals manually. But i got a good feeling on eosDac: holding them may allow you to vote what the dac block producer will do, including distributing inflation among holders, meaning a token that gives you free EOS. Imagine where the price will go if that happens.

>>9070115

It's still going to 10x, at least.

>>9068152
Eos is way, way overvalued for a not existing network.
There are no eos-based pairs, no existing tokens on eos, no products sold for eos.
It doesn't even have PoS for staking interest. All you get is perpetual 5% inflation that transfers your wealth to 21 nodes.
No store of value meme (btc & eth if they adopt the 120M supply cap), no decentralization, no staking interest, mutable chain.

The only thing that remains are fees (bandwidth generated by staked eos, similar to steem) but there its supposed scalability is killing the price.
Why? Because scalability means that use is going to be very cheap, which means money coming in to pay for bandwidth is going to be very small.

$11B for all that, seriously?

>>9068428
how do you get this? just by having EOS in a private wallet? in which case I do

>>9068163
It won't dip much because EOS holders have the strongest hands. Who's going to be silly enough to sell when holders are getting free tokens airdropped to them every few weeks?

>>9070123
Ive got 420 eos but I checked my public address on eosdac airdrop checker and it says it's still being requested and will be handed out by may 15

>>9070167
holy shit no wonder you're so poor cause you can't see the best deal of your lifetime right in front of your face. quit sucking vitaliks cock

>>9068152
Nice fish eye

>>9070167
Fuck off nerd. We're making money.

>>9070201
>>9070217
how to tell that buying now is a horrible deal: the posts

>>9070167
Good point. I can tell you hit the nail on the head bc these two faggots rebuttals were laughable >>9070217 >>9070201

>>9070324
>he didnt buy in the 4-6 dollar range

not gonna make it

>>9069337
kek'd

Will see some big gains this year but if you think eos will flip eth your just delusional lol.

>>9070341
Lmao at “make it”
Most bizfags probably average 100 EOS and I’m being generous as fuck. I hope you retards realize that this coin is top 5 in MC. You’re never going to make it. Sure, you’ll make petty bucks but nothing like a true low-cap Chad coin. If you want to make it and you’re a poorfag (which 80% of biz is) gtfo of anything in top 100 or enjoy living in your parents basement for ever

>>9070411

SO gamble on a verified shitcoin? Sounds like you'd have better luck at the casino. Fuck off

>>9070167
>no staking
>tokens literally give you a proportionate percentage of the networks computing power
>can rent out tokens
>can use tokens to power apps
>tokens never get consumed like gas and value increase will more than cancel out inflation as it gains mainstream adoption
>digital real estate isn't a store of value
Nigga you dumb

>>9070474
>verified shitcoin

For just once, think for yourself and DYOR rather than having biz do it for you.

>>9070411
It's so easy to spot the Decemberfags. do you realize that ethereum and ripple were in the top 5 before they had four digit percentage gains? Mc isn't static you dumb fuck. But even if it was, it still gives eos a 7x before reaching parity with eth, which it will do before the year is over.

>>9070533
>hurr durr Mc isn’t static

You dumb fuck do you not understand the grand scope of this shit. Omg EOS gets a 7x?!?! When?!?

That’s cute, I bought PFR at $.038 on April 18th and made 4x. That’s in 4 days...
Pic related is you

>>9070193
Elaborate

>>9070605
No one cares about your useless shitcoins. You might as well go play roulette in Vegas.

>>9070411
>Most bizfags probably average 100 EOS and I’m being generous as fuck. I hope you retards realize that this coin is top 5 in MC. You’re never going to make it. Sure, you’ll make petty bucks but nothing like a true low-cap Chad coin. If you want to make it and you’re a poorfag (which 80% of biz is) gtfo of anything in top 100 or enjoy living in your parents basement for ever
nah ma nigga

>>9070609
literally the next internet is being built on EOS dummy

>>9070637
>no one cares
Speak for yourself. While you have your hopes up on a pedo coin, us big-balled chads will be making as many gains in a few weeks as you do in a year.

>>9070667
I meant the airdrop thing

>>9070670
You're delusional and you have a problem. Go shill your shitcoins somewhere else. This is an eos thread.

>>9070688
Must have struck a nerve somewhere
Pic related is you

>>9070707
Pajeets who equate their gambling addictions to investing do get on my nerves

>>9070677
yeah, all the apps of the next internet are being airdropped to EOS holders

like, seriously, hold EOS

>>9070721
>Pajeets who equate their gambling addictions to investing do get on my nerves
HEY HEY HEY

>>9070721
6’4” and white. If that’s a pajeet then fuck me.
>gambling addictions
Fucking kek. You’re in crypto holy fuck you really are retarded
Pic related is also you

>>9070764
>hurrrr all crypto is equally risky and there is no distinction between projects
You will lose most of your money and when you do I want you to remember this conversation, look up the price of eos, and think of me.

You should be buying PFR instead of whatever crap youre holding. Their mainnet comes out on April 30th. Do you realize that Localbitcoins now has KYC? Do you understand that once PFR is out, people will all jump ship to avoid having to upload documents? People kept doubting the project but these guys deliver. Do you want to be poor forever.

>>9070483
>can rent out tokens
You meant bandwidth I think. Which is bad because it means I need less eos for fees.
>tokens never get consumed like gas
More supply
>digital real estate isn't a store of value
Applies to literally every coin

I now realized another drawback - dapp owners are encouraged to pay fees (with bandwidth from staked eos) for their users. But that means dapp users != eos users, they may not even know what eos is! In comparison, every cryptokitty user had to get eth for fees; every dapp on eth is automatically a marketing scheme for ethereum itself.

>>9070861
Ah yes, nothing says mainstream adoption like forcing users to go through the process of buying crypto, learning how wallets work and paying fees for using apps. Jesus you deserve to be poor

>>9070861
>In comparison, every cryptokitty user had to get eth for fees;
brainlet detected

enticing users with free play is literally the best marketing strategy for software ever made and is the only reason the internet ever became mainstream.

Also the reason that EOS will kill eth

>>9070897
>adoption like forcing users to go through the process of buying crypto, learning how wallets work
That's literally what adoption is.

A short list of coins that /biz/ was sure at some point will overthrow Ethereum:
Waves, Stratis, NEO, IOTA, UBIQ, XLM, Byteball, BTC/RSK, BCH/OPcodes, QTUM, Tezos, NXT, OMNI, Counterparty, Bitshares, Ethereum Classic, Burst, ADA... and more... the current one being hyped is EOS

Tell me, OP, why is EOS better than all of them? They haven't killed ETH yet. Far from it, ETH is now #2 place on CMC.

>>9070973
But EOS also shot through the ranks and continues to climb faster than any other coin right now. Main net coming soon. I'm a believer in Ethereum, but.. I'm going to have to hedge with some EOS

>>9070973
Probably because EOS is the biggest ETH ICO to date? They can easily use the ETH they received for free to buy their own tokens pumping it 200% lmao.

Ironic isnt it? Being the biggest ETH ICO also makes you the likeliest to overtake ETH.

>>9070952
>the best marketing strategy for software
Eos is not 'software' in your analogy. Eos is the hosting provider. A successful site on godaddy doesn't make godaddy itself mainstream.
Without requiring eos ownership the _only_ connection between dapp users are fees paid through inflation.

>>9070973
>A short list of coins that /biz/ was sure at some point will overthrow Ethereum:
>Waves, Stratis, NEO, IOTA, UBIQ, XLM, Byteball, BTC/RSK, BCH/OPcodes, QTUM, Tezos, NXT, OMNI, Counterparty, Bitshares, Ethereum Classic, Burst, ADA... and more... the current one being hyped is EOS
>Tell me, OP, why is EOS better than all of them? They haven't killed ETH yet. Far from it, ETH is now #2 place on CMC.
lol none of these coins ever came close to being top 10 or having actual tech that is better than Ethereum. Half of them are literally eth copies or whitepapers in progress coins.

Try harder faggot, nothing in the past has ever come close to the position EOS is in now, except eth itself.

>>9071006
This is also what I have been doing, but I am thinking of selling EOS at this point. The release might be a sell event. Once I hear of a lot more teams, who actually want to make tokens on EOS, then I'll buy back again.
1/6th of the market cap of ETH is not what it should deserve right now, when it isn't released and publicly tested yet, when there are almost no tokens on it, while ETH has half of CMC on it.

>>9070956
No, adoption pertains to usage. People can use a technology without actually understanding or interacting with its internal details. This is why steem is the only crypto project that actually has a semblance of mainstream adoption at the moment, and why the steem blockchain gets as many daily transactions as every other cryptocurrency combined, including eth and btc. Eos is taking the steem model and applying it to everything.

>>9070973
Hey I remember you from a month or two ago. I see you didn't buy eos when it was 65k sats. You could have listened.

>>9071079
>The release might be a sell event.
The release is in June.... its only April lol. Thats wayyyy to early for a sell the news event.

>>9071067
>between dapp users are fees
*between dapp users and price are fees

>>9071070
>the position EOS is in now
EOS has zero adoption as of now. That's the real metric. Overvaluation is bad because it can make even good growth appear as a failure.
>>9071094
>No, adoption pertains to usage
The point is to make money, not to obtain happiness from knowledge that many people are using something without even knowing it.
>steem blockchain gets as many daily transactions as every other cryptocurrency combined
That's a good example - these transactions are worthless, because they don't bring in any money. A comment is a transaction. Does that increase steemit's price? It doesn't.
>Eos is taking the steem model and applying it to everything.
Truth about eos is yelling at you and you still don't realize it. Yes, I agree, it's exactly steemit's model. That's why it's a bad deal.

>>9071079
it's been publicly tested this entire month with the release of dawn 3.0 it's great.

>>9071067
>Eos is not 'software' in your analogy. Eos is the hosting provider. A successful site on godaddy doesn't make godaddy itself mainstream.
>Without requiring eos ownership the _only_ connection between dapp users are fees paid through inflation.
lol you are a true brainlet.

EOS is not a hosting provider, it's a protocol, just like tcp ip, http, basically the internet itself.

And yes, free apps like google, facebook, hotmail, etc, made the internet (and its protocols like tcp ip, http, etc) mainstream.

If I could go back in time and somehow buy a piece of any protocol like tcp ip, http, bittorrent, etc, you'd be a retard not to do it. Obviously it's not possible cause those protocols don't have tokens.

>>9071186
zero adoption? it gets new projects adopting it all the time. and it's not about being fully adopted while it's still in ICO, it's about seeing it's potential for the future. it's still way early

>>9071067
godaddy wasn't a crypto currency with several blockchain exclusive features. you couldn't take godaddy to the moon and get rich like crypto can

>>9071186
>The point is to make money, not to obtain happiness from knowledge that many people are using something without even knowing it.
How can anyone be this economically retarded?

>>9071186
>EOS has zero adoption as of now. That's the real metric. Overvaluation is bad because it can make even good growth appear as a failure.
No coins have any adoption. BTC has some, ETH has some.

The rest have 0.

What I said is still 100% true. No coin has ever been in a position to similar to EOS except ETH when it started.

And by position I mean 2 things:

1. actual new utility (not just a copy of eth or btc). It allows new tech to be built.
2. lots of hype and marketing (top 6 market cap)

>>9071201
>Obviously it's not possible cause those protocols don't have tokens.
LOL, no. It's not possible because there's no monetization model. Something that's impossible to monetize is worth nothing even if it's used by billions of people.
Stop thinking about users like a retard and start thinking about revenue streams. If 10 users of an eth's dapp buy $0.1 worth of eth for fees, and 10k eos' dapp users cost the dapp owner $0.1 paid indirectly through inflation (functionally equivalent to 'buy $0.1 worth of eos for fees'), the value of these two revenue streams is exactly the same!
That's only about fees. The mere act of buying eth is a marketing for a speculative investment. No such thing in eos.

I own both ETH and EOS, but if you think EOS is going to kill Ethereum you are a fucking brainlet. ETH is the decentralized juggernaut with the most use cases, EOS offers a simple scaling solution but sacrifices in centralization, from what I hear ETH's sharding technique is going very well so far, which if it keeps going at this pace it will eventually render EOS obsolete.

Hoping EOS hits $50 though so I can dump my load on you plebs.

>>9071323
>LOL, no. It's not possible because there's no monetization model. Something that's impossible to monetize is worth nothing even if it's used by billions of people.

No shit you fucking brainlet. If they had a token implies they would also have a monetization model, otherwise why would it have a token? For shits and giggle?

Fucking brainlet.

Ugh, a lot of newfags to reply to...
>>9071018
>Probably because EOS is the biggest ETH ICO to date?
One of the biggest, not the biggest. Filecoin, Tezos
>They can easily use the ETH they received for free to buy their own tokens pumping it 200% lmao.
They only hold around $25mil worth of ETH right now. This is 10% of ETHs daily trading volume. If that is what it takes to pump EOS 200% and the team actually does this instead of paying their devs with the money... I don't really have to say more here

>>9071070
>lol none of these coins ever came close to being top 10
Antshares/Neo has been around top 10 for a long time. At the peak, it was somewhere in 6-7th place. IOTA is similar in this regard.
> or having actual tech that is better than Ethereum.
That is what I am saying here. How did you miss my main point, ffs. With each of these coins, /biz/ thinks every time that they are better than Ethereum, but not one of them has delivered. This isn't saying that EOS isn't better, but looking at history, there is a clear trend of /biz/ overestimating Ethereum killers.

>>9071105
>The release is in June.... its only April lol. Thats wayyyy to early for a sell the news event.
I don't daytrade. I am thinking at a bit longer terms. When I said "I am thinking of selling EOS", I was thinking that I'll do it sometime during May. It is wayyyy overbought already though.

>>9071421
>One of the biggest, not the biggest. Filecoin, Tezos
lol you're like the biggest brainlet on this board. EOS ICO is like 5x bigger than tezos or filecoin.
>lol none of these coins ever came close to being top 10
>Antshares/Neo has been around top 10 for a long time. At the peak, it was somewhere in 6-7th place. IOTA is similar in this regard.
nigga you mentionned like 20 coins shut the fuck up with the details. You are wrong. EOS is completely different than all these coins. For 1 it has actual working tech that isn't a copy of btc or eth.

>>9071323
1% of the eos total supply is equal to 1% of the networks computational capacity. If you can't understand why that's valuable you're literally too dumb to breathe. The only thing required to give the token value is demand for the networks resources.

>>9071414
>people actually believe Eth will be relevant at all in 6 months
>sharding is the actual term for the project that will famously fail to speed up Ethereum, becoming the butt of jokes for centuries to come
>muh decentralization meme
>literally the politics of Ethereum are not self governing or decentralized in the least, it's a cult around a schizoid Russian spy hacker autistic savant pony bro

>>9071421
EOS is the biggest ICO dumbass its a fact

>>9071476
forgot to add that Dan Larimer has programmed the only crypto projects that anyone has ever actually used

>EOS has Apple Fingerprint wallet unlock
>username is your wallet address
the fucking normies are coming

>>9071414
Ethereum will be completely dead within a year unless they fix their scaling problem before eos has a chance to take off. I'm betting against that happening. Sharding is a few years away and pos only solves part of the problem and will be too politically contentious to do it a timely manner. Betting on ethereum now would be like betting on netscape explorer circa 2001.

>>9071539
>the fucking normies are coming
REEEEEEEEE

>200% lmao
>Ironic isnt it?
>Try harder faggot
>lol
>lol you're like the biggest brainlet on this board
>nigga you mentionned
>shut the fuck up with the details.
>dumbass

The absolute state of EOS shillers in /biz/. The IQ of shillers does say a lot about a coin itself.

>>9071417
>No shit you fucking brainlet. If they had a token implies they would also have a monetization model, otherwise why would it have a token? For shits and giggle?
No, to get lots of money from economical illiterates, like eos and ~90% of icos successfully did.

>>9071476
>If you can't understand why that's valuable
Attacking a strawman. I didn't wrote that eos is worthless. I wrote that it's seriously overvalued. Eos is supposed to have very low fees. Which means demand due to fees is going to be very small.

>>9071606
>I didn't wrote
didn't write, ugh
editing fucks grammar up

>>9071594
>The absolute state of EOS shillers in /biz/. The IQ of shillers does say a lot about a coin itself.
lol you're the low IQ.

You've made multiple wrong statements and got BTFO and now you've run out of arguments.

stay poor brainlet.

>>9071606
>No, to get lots of money from economical illiterates, like eos and ~90% of icos successfully did.
hahaha EOS has a monetization model you fucking brainlet. If you can't understand it, maybe you deserve to stay poor?

>>9071606
>Eos is supposed to have very low fees. Which means demand due to fees is going to be very small.
What does that even mean? The fees will be footed by app developers and will be whatever the market decides. The point is that the value of the token is based on real world resources, and real world demand for a distributed/decentralized supercomputer. The true value is impossible to know right now because the main net doesn't even exist and no one can predict how much demand will exist, and how powerful the network will be.

>>9071541
>>9071414
eth sharding doesnt fix the fact that ethereum still has fee's and will always be slower than eos.

eos is like buying an apple iphone in 2007. works right out of the box it works, that's what people want.

I've been failing to hit my limit buys all of last week so just pulled the fomo trigger and market bought some, will I need to kms by eom?

>>9071657
>hahaha EOS has a monetization model
A model apparently so complex you weren't able to explain it in 11 posts so far.
>>9071663
>and real world demand for a distributed/decentralized supercomputer.
Price is a function of demand and supply. The renting market means that until levels close to congestion are getting hit the price for these resources is going to be very close to zero.
If eos was infinitely scalable its value, as a way to pay for resources, would be zero.
The operating income of the entire AWS cloud in one quarter was $1.35B (costs have to be paid by eos' nodes as well, so profit matters, not revenue).
https://www.cnbc.com/2018/02/01/aws-earnings-q4-2017.html
AWS runs a very big fraction of the global internet and that gives it a valuation of roughly $100B.
EOS would have to achieve similar scale to get there based on fees alone, given the absurdly favorable assumption that they can achieve AWS' level of efficiency.

Valuations for a currency and store of value can go much higher, but eos has really poor prospects here, for reasons stated in previous posts.
Fees are good. Not too high, that kills adoption, not too low. Ethereum's $0.01-$0.1 during normal times appear to be ideal. Again, the goal is to maximize the revenue stream, not the number of users. The graph is for the tax rate but the concept is the same.

>>9071980
Most of us have been selling on the way up. Have none left myself. Bad position buying a 3x imo but gl

>>9072038
Congratulations. This is quite possibly the dumbest post I've read on /biz/ in weeks. Screencapped for future justed memes