/biz/ - Business & Finance

cant believe i didnt buy more
>missed bitcoin
>missed ripple
>missed eth
>missed eos

>>9720122
>>9720167
I just fomo in. Its next big one babay!!!!!

You had a year, for fucks sake

>>9720167
Eos is peanuts compared to other 3.

If it pulls another 10x then I'd understand your pain.

>>9720122
What will you do at midnight ?
https://eoscountdown.com

>>9720167
Don't miss Zil.

>>9721112
Laugh at all the fags who fell for the eos meme as it goes -50% in 1 hour. Screencap this.

>>9721209
Include me in the screencap. I went all in today.

>>9721209
kek..he thinks next superior eth drop 50%. ...if it go below 11$, i go all in

>>9720167
>main net already launched
>doing over 1000 tps
>exact same code eth so dapps can just be copied over with no effort

this will kill eos this summer. but maybe not eth because its still centralized like eos.

>>9721334
>7000+ tps already reached
>not buying nano

>>9721353

nano doesn't have smart contracts.

Bought a gazillion during FUD times. You will never feel this comfy fellas.

>>9720122
>muh useless erc-20 token
>muh vaporware
>muh exit scam
Anyone who bought into the FUD is too stupid to have money. I'm sticking to my prediction.

>>9721209
I went all in earlier. It’s not much though, 2 grand, I’m still down 2grand from 3 months ago, just trying to get my money back, profit would be nice.

>>9721385
>follow the reddit groupthink
>get rekt
you deserve it

>>9721385
What’s your prediction?

>>9721253
and then what?

>>9721362
Smart contracts are a meme without functional oracles. Even then they are still quite shit.

>>9721429

>>9720122
I have to admit,
The John Oliver special which covered crypto and blockchain tech and ultimately saw the EOS issues had me initially feeling like I was happy I hadn't invested in EOS

then it began to rise in value and I 2nd guessed myself and wondered if I feel for an elaborate reverse-fud/psychological thing and EOS was going to be big

then I kept seeing questionable things from investors and critics,
this thread makes me happy I didn't invest.

>>9721448
Interesting, what’s your price prediction of eos late summer early fall? I’m just looking for a coin to leave my 2 grand in and forget about it for a few months.

>>9721444
>Smart contracts are a meme without functional oracles. Even then they are still quite shit.
lol no they are not. It's actually quite the opposite. Oracles are a meme.

Oracles already exist on eth and nobody uses them.

Smart contracts are used evryday for dex and icos.

Stay poor brainlet.

>>9721462
Can you stop being a lazy fuck and put the JUST hair on him already? It’s just spam otherwise

>>9721448
so what's the difference between EOS and amazon web services exactly again?

>>9720122
basic question, but once the proper non-erc20 tokens are airdropped, what happens to all the erc20 eos tokens we hold? will people still want to buy them on the open market. i suspect i;m missing something here.

>t.31 yo boomer

>>9721448
Also this prediction is well under way to coming true. On March 22, ETH MC was 10x higher than EOS. Today it's only 4x.

>>9721491
No one can predict short-term movements but assuming the chain launches relatively smoothly and the entire market doesn't tank, I would feel more safe in EOS than anything else. There are numerous airdrops coming that will keep demand up, and the 1.5 million daily inflation has stopped. I wouldn't expect another parabolic run up until the first big DAPP's start dropping though. My long-term prediction is based on actual adoption and ussage.

>>9721465
That episode was a buy signal. Always go long on what the liberal establishment FUDs.

>>9721510

>>9721564
JUST HAIR ON HIM NOW

>>9721525
Amazon web services is under the control of a single corporation who can both act completely arbitrarily with your data/services, and also must comply with US federal laws and regulations. EOS will has no central authority and will not be beholden to any particular country's laws and regulations. Moreover, they will have to oblige with the community approved constitution which means arbitrary censorship and denial of service will be out of the question.

>>9721592
why you care to explain fud'er. let them poor. i am all in on this at 5$. feeling comfy. i also took out my initial at 22$. i need to order photoframe of dawn when it hit 50$ by july end.

>>9721548
that definitely wasn't a buy signal,
again - I'm glad I didn't get into EOS

I didn't need John Oliver to tell me EOS was not a good investment.

it's vaporware, nothing to show for yet it's a "buy signal"? lmao yea ok Anon

>>9721592
>what is 15 BP votes (from a chinese cartel)
>what is the EOS constitution

so it's no different then

>>9721649
>still using vaporware thud after they just launched
I feel like I'm in the youtube comments section.

>>9721691
How would the Chinese cartel come to own over half the network's tokens?

>>9721716
>thud
*fud

Anyways, I'm getting some good material for my fud folder. Keep it coming.

>>9721716
>How would the Chinese cartel come to own over half the network's tokens?
https://etherscan.io/token/tokenholderchart/0x86fa049857e0209aa7d9e616f7eb3b3b78ecfdb0

the top 2 address under b1 are enough to hijack mainnet

>>9721174
true. but the type of people in this thread is the one we dump on when it hits 3-5$

>>9721755
>14% is enough to own a 17/21 majority of BP's
>implying this is even the Chinese

>>9721649
John Oliver said trump would lose to faggot.

>>9721504
What are the use cases for smart contracts aside from crypto-crypto transactions? If you started to think of all the meme list cases like insurance, supply chain and legal agreements then you obviously have no idea how they work. All real-world use cases require oracles and without 100% effective data sources smart contracts have no point whatsoever. Even then these industries will not adopt them as smart contracts are anti-business and will only lose them money. Only the bolsheviks would have found value in smart contracts.

>>9721444
stinkie linkie detected

>>9721791
keep scrolling buddy. all the top addresses are chinese exchanges. and if you have 14% it's trivial to get the last 1%. #2 is likely a cold wallet for one of the other top addresses that's undoubtedly a chinese exchange.

>>9721716
I don't keep up with EOS,
it's been lost it's appeal to me so how would I know it finally launched something?

still a shitty project with illusions of grandeur

>>9721804
and who gives a fuck?
I didn't and I don't make my investment choices based on tv show anchors, you sound like you do though.

>>9721805
Decentralized apps, like Steemit. Look into Everpedia and EOSfinex.

Why are people saying JUST?

Its still going up big

>>9721833
Big cry baby. Lol

>>9721829
>and if you have 14% it's trivial to get the last 1%.
I don't think you understand how math works. In order to hijack the blockchain you would need to be able to own 17/21 of the block producers, which would require you to own way more than half of all EOS tokens. Also exchanges can't stake their tokens because they become locked.

>>9721857
wow you really need to read up on the launch process

>>9721833
T. Missed gigantic eos moon cope posting

EOS is closer and closer to Bcahs in coinmarketcap

soon EOS overtake Bcahs, and that give extra boost again to EOS

then Ripple is easy for EOS to pass, and then EOS replace ETH and EOS become number 2 coin

>>9721872
Why don't you put your money where your mouth is and show me your leveraged short positions.

>>9721444
so explain how smart contracts on ETH have been working and being popular before EOS? lmao

Thanks to eth fanboys I never bought this at $1

>>9721896
I'm not a degenerate gambler but I'll give you a freebie. it only takes 15% of the tokens to hijack the mainnet launch and be considered the "real" and official mainnet.

you're getting confused with a 51% attack, that's only true with decentralized trustless blockchains, and a 51% attacker can only double spend coins. with EOS, they use their 15% supply to activate mainnet under all their own BPs, and they literally own the entirety of EOS since they control all the block producers.

Lmao just eos just dropped $1 in like a minute. The dump begins

>>9721969
With huge volume you’re going to get jumps like that.

>>9721969
To the gange.

>>9721939
>hijack
there could be multiple chains launched. the community needs to decide which is legit.

>>9721939
> it only takes 15% of the tokens to hijack the mainnet launch and be considered the "real" and official mainnet.
You seem a little confused. EOS is designed to support a virtually infinite number of blockchains, and a chain needs 15% of tokens staked in order to launch. That doesn't mean that a cartel who owns 15% of the tokens can force everyone else to use their blockchain.

>>9722014
>>9722023
well it's a shame then that all the private keys will be the same on all the different chains competing for launch isn't it. I sure hope all the experienced EOS holders who know how to vote via command line will be able to sort through all the noise.

>>9722060
looks like people need to figure out the voting. lots of money at stake, lots of potential future profits. it seems likely that bad actors will be sorted out by the majority.

Also, will the erc20 tokens become utterly worthless?

>>9721755
eos evolution

>>9722090
>looks like people need to figure out the voting
you could definitely say that

you should give this a browse
https://www.reddit.com/r/eos/new/

>>9721805
>>9721898
I explained it more here. Smart contracts work, sure, but their use cases are nowhere near what people make out. Services like oraclize have allowed testing of smart contracts for real world use cases but I've yet to know of one business which has actually seen any value in them and gone ahead with their use. Also one fuckup in a smart contracts code and someone can lose a lot of tokens. EVERY single smart contract needs to be audited and open source otherwise you cannot be sure someone can steal or lock up your tokens. This means anyone can copy your smart contract so creating a smart contract can never be profitable. The network will eat up your tokens. Anything which a smart contract can do can be built with a centralised service (except for decentralised on-chain transactions) and since building it with smart contracts cannot be profitable, smart contracts will be irrelivant. You might argue that value of smart contracts is that they create trust but trust us already implicit with capital.

>>9722023
eos evolution will solve that

>>9722147
smart contracts dont need a lot of use cases b/c the use cases already extant, such as swift settlements, are huge, and getting a slice of that pie will make you and everyone else in it rich.

>>9722060
Launch issues aren't going to affect the long-term potential of the project as long as a legitimate blockchain is established successfully, which is basically a guarantee, given how much money is on the line.

>>9722258
I agree, that's why I'm going to buy low when launch issues do happen and then sell once it's all fixed. I'm not worried either since fomo buyers all kept their coins on binance and have very weak hands, so they will panic sell when things go south.

>>9721465
Listening to anything that idiot John Oliver says....

>>9722279
The vast majority of tokens are not on exchanges, and the daily 1.5 million token inflation has stopped. You're not going to see a dump while most tokens are locked up. Also, there was no FOMO in the days leading up to launch. The price barely moved in the week leading up to launch.

>>9721465
EOS is a good gamble, if you need other people to spoonfeed you you're going to end up buying shitcoins

>>9722330
yes those are all reasons the price are going to crash, as I was saying. the only people without locked up or off-exchange coins and who will be able to trade are the ones too dumb to register and vote so they left their coins on binance. it's all dumb money fomoers who will panic sell at the first sign of trouble.

>>9722378
In that case, I feel relatively safe being on the side of whales and institutions. I'll definitely buy more if it dumps, but I wouldn't risk my current position.

>>9720122
>>9720181

>be biztard
>shill 10 coins every month for a whole fucking year
>one coin gets 20% dildo
>I FUCKING TOLD YOU BRAINLETS

>>9722023
How the fuck can there be an infinite number of chains launched, when a chain needs 15% of the tokens to launch?

>>9722572
the public and private keys are the same on all chains, the same tokens can vote on every chain