EOS

[Anonymous No.11323604]

Can someone redpill me on this, it seems like their dapps are getting decent volume, and the price is back to $5, is it a good time to buy ? https://dappradar.com/eos-dapps

[Anonymous No.11323608]

>>11323604
>21 block producers

Scam

[Anonymous No.11323617]

>>11323608
>21
yeah, about that....
Rampant Collusion in EOS Exposed by Huobi Leak — https://www.trustnodes.com/2018/09/29/rampant-collusion-in-eos-exposed-by-huobi-leak

>The document shows Huobi votes f0r 20 Block Producers (miners) in EOS with 16 of them voting for Huobi in return.

[Anonymous No.11323624]

>>11323604
Go mess with newdex then with radar relay. It's pretty obvious what's about to happen.

[Anonymous No.11323634]

>>11323608
Still better then "soon" scaling solutions and no attempt to stop bimain centralizing the network

[Anonymous No.11323643]

>>11323624
>better UX means better product
This is a scam not because of its functionality but because of its design and principles. A standard client-server model is superior to this, yet we don't tout that as the next Bitcoin. People who don't understand this are brainlets and will be responsible for whatever chaos this trash brings

[Anonymous No.11323677]

>>11323643
>A standard client-server model is superior to this, yet we don't tout that as the next Bitcoin
The most utilized payment network is visa, which is a client-server model. Because it has a normie friendly UX.
Also, I did not draw the conclusion that newdex is a better UX than radar relay. You did that.

[Anonymous No.11323691]

>>11323624
hi im a brainlet, whats going to happen?

[Anonymous No.11323732]

>>11323691
DYOR but I think dapps are going mainstream and there will be a platform race as everyone tries to one up each other. Eth 2.0 vs EOS multithreaded vs Lisk vs NULS vs ....
Each will find their niche and the space will explode in usage and development as opportunity abounds.

[Anonymous No.11323739]

I bought this shitcoin at like $10, am I ever going to make my money back?

[Anonymous No.11323740]

>>11323604
Dan holds the majority of the votes and plans on being a dictator. If you like a theocratic monarchy coin, go all in

[Anonymous No.11323747]

>>11323677
>The most utilized payment network is visa, which is a client-server model. Because it has a normie friendly UX.
This is true, but what's your point? This doesn't mean Visa is an Ethereum killer, but EOStards think that EOS is. Do you see my point?

[Anonymous No.11323785]

>>11323747
My point is normies don't give a shit about decentralization or POW vs delegated POS. That is who we are trying to reach in the next phase.

[Anonymous No.11323800]

>>11323785
>My point is normies don't give a shit about decentralization or POW vs delegated POS. That is who we are trying to reach in the next phase.
I know that, and that's central to my point. Whatever the outcome, EOS is a product for idiots who can't see the forest from the trees.

[Anonymous No.11323837]

>>11323800
> idiots who can't see the forest from the trees.
Most of the people I talk with about crypto don't realize that USD is not backed by gold. I think you are far overestimating others abilities.
I do that too. I thought January was takeoff for currency wars where everyone would choose what they valued.
Instead everyone got scared and jumped back into USD because it was familiar and they were raised on it.

[Anonymous No.11323843]

>>11323837
>Most of the people I talk with about crypto don't realize that USD is not backed by gold. I think you are far overestimating others abilities.
I'm not. I understand their abilities and I'm pointing out that their lack of understanding is why this coin has any traction at all. It's literally designed for these low-information morons.

[Anonymous No.11323897]

>>11323643
>People who don't understand this are brainlets and will be responsible for whatever chaos this trash brings

Problem is you have zero understanding of the topic anyway so it doesn't matter who you think is a brainlet. If you think that a completely new profit model like this has zero value then you are struggling to understand the inherent value of having a completely new profit model.

[Anonymous No.11323917]

>>11323897
>. If you think that a completely new profit model like this has zero value
It depends on what you mean by value. It provides no new value to anyone and exists only to fleece low-information market participants. I can make money from it, but that doesn't mean it's not garbage.

[Anonymous No.11323920]

>>11323617
I love how the EOS shills completely ignore this

[Anonymous No.11323987]

>>11323917
>It provides no new value to anyone and exists only to fleece low-information market participants.

Nope, wrong. That logic can be applied to any cryptocurrency even the ones that have no actual use case. This is basically saying all cryptocurrency is a scam. go back to r/buttcoin

> I can make money from it, but that doesn't mean it's not garbage.

Its a new profit model. The value of the coin is tied directly to how much it is used to cover the cost of upkeep through a staking system. Its a complex beast with a lot of moving parts. If you think its garbage you need to leave cryptocurrency because you are going to get justed super hard.

> I love how the EOS shills completely ignore this

It proves the coin is decentralized. The people who made the coin don't actually have control over it. It also shows that China wants to control this shit super bad. And its unlikely they will be able to long term. Which just proves that its probably the most decentralized crypto ever made.

China is doing the same thing with ETH and BTC as well. Its a fairly alarming situation in general.

[Anonymous No.11324011]

>>11323987
>That logic can be applied to any cryptocurrency even the ones that have no actual use case
you mean ESPECIALLY those that have no actual use case. fucking hell m8
>Its a new profit model
No, it's an age-old profit model--take money from stupid people.

[Anonymous No.11324022]

>>11323987
>It proves the coin is decentralized

[Anonymous No.11324076]

>>11323843
>It's literally designed for these low-information morons.

The only true example of fleecing low information morons is the constant and repetitive notion that a decentralized layer one is a good practice. In reality its the biggest lie in the entire crypto space meant to fleece low information morons. If you decide to make a layer 2 solutions like LOOM or LN and that becomes the environment you think is ideal from a pragmatic perspective then you deserve to lose your money the moment you realize layer one's decentrality was left irrelevant from the discussion anyway.

>>11324011
SPoken like someone who who has no idea what any of this stuff is. The truth is, all crypto has at least one use case. I entertain the idea that even Bitcoin is useful as a hedge against governments gold and silver. But if you think that is not a use case then there is nothing much I can tell you.

>>11324022
Unless you can prove that Dan is actually a secret Chinese agent its pretty obvious he is kinda butt hurt right now seeing the coin fall into chinese hands.

[Anonymous No.11324172]

>>11323634
No. EOS is permanently fucked. Unlike your Bitmain boogeyman the centralization in EOS is real.

[Anonymous No.11324188]

>>11323604
There is one thing that is worth mentioning in this entire topic OP.

EOS is one of the only cryptos ever made where you can talk about how it has no use case while on a solvent platform provided for by EOS as its use case. The number of cryptos capable of doing this is nearly zero. The only ones in this space who wish to claim the coin is designed to fleece anyone are people upset about the above fact. If I am not mistaken the only coins right now capable of this are Steem, LOOM and EOS. TRX and NEO are soon to follow.

[Anonymous No.11325129]

>>11323739
plz respond

[Anonymous No.11325367]

>>11325129
The entire market pumps when it does pump. So yes. Its just a matter of when.

[Anonymous No.11325463]

>>11325367
>implying the entire crypto market will ever pump again
anon you might as well just tell me no

[Anonymous No.11325612]

>>11323604
EOS is corrupt
it's controlled by the exchanges that hold everybody's tokens.
they're gonna run a reserve on you fools and print out the difference.
no better than the federal reserve.

[Anonymous No.11325627]

>>11323608

/thread

[Anonymous No.11326213]

sidechains, intercommunication, and collusion was a lie.

eos is the chain of choice for game developers. deal with it.

[Anonymous No.11326310]

>>11323785

Developers give a shit

[Anonymous No.11326353]

>>11326310
I'm a developer. I chose EOS over anything else because transaction times fucking matter.

[Anonymous No.11326364]

>>11324188
>EOS is one of the only cryptos ever made where you can talk about how it has no use case while on a solvent platform provided for by EOS as its use case.

Wut

[Anonymous No.11326372]

>>11326353

>i'm a developer

>i'm a larper

"Amazon Web Server will be your favourite 'blockchain' if transactions per second are the only metric you’re assessing"

[Anonymous No.11326382]

>>11326353

any price prediction?

EOS has growing, when you see EOS reach its ath $ 21?

and do you see that EOS is going to replace ETH?

[Anonymous No.11326458]

>>11326372
>Larper
Okay

>>11326382
No price prediction a lot of companies will be utilizing the infrastructure the EOS has provided to spin up industry based chains instead of the typical on-chain deal. You can figure out where this might apply based on recent announcements.

> and do you see that EOS is going to replace ETH?
Depends on the time frame and if ETH will ever deliver on more throughput. Right now developing on EOS is easy. I can write smart contracts and get instant results from those contracts.

It takes me all of 10 minutes to launch my own smart contract and be able to interact with it on test nets or even the main net.

Also can use Javascript to publish my smart contract as well. Allowing pretty much anyone to write a contract in C++ and use an external service to possibly compile it in the future.

tl;dr - Ethereum needs to figure out their scaling problems soon or they will be left behind. Check out the amount of addresses currently using EOS. There are more gambling dApps on EOS than casinos utilizing Funfair.

[Stan No.11326499]

Some of you guys are alright buy bitshares before November 5th

[Anonymous No.11327289]

EOS will moon and 99% of /biz/ will get buttfucked when it does

[Anonymous No.11327399]

>pay account creation fee.
>find someone with a trusted account who can vouch for you to get your account setup.
>wait 48 hours for the account to be cleared.
>buy eos coins through the guy, because you have none.
>want to get some dapps.
>look for block producer.
>he wants 2000 dollars for 1 meg of RAM.
>must pay pedophile king Brock Pierce a commission fee, or the deal is invalidated.
>pay almighty block producer his pound of flesh to get enough RAM to run a dapp that's just a farting anime girl.
>get into a shitposting fight with almighty block producer.
>block producer is part of the supreme court.
>he reverses your RAM purchase, killing your farting anime girl project.
>complain to Brock Pierce.
>he cites eos constitution.
>account closed, all funds given to block producer.
>bitch on ribbit and biz about the tyranny of evil centralized mega shit corporations that answer to no one, and has absolute power to fuck you over without any kind of due process, or even an explanation.
>mocked endlessly for giving money to a gay pedo cowboy.

I seriously hope you guys aren't holding this shitcoin.

[Anonymous No.11327412]

>>11327289
Pretty much, but majority of bizrelis that hates eos is just r/crypto faggots anyway

[Anonymous No.11327446]

>>11323604
too easy to copy, worthless.
WAX uses a separate EOS network, same for eosfinex, probably every legit large project not related to block.one.
Why pay for fees on eos mainnet if you can launch a separate network? 21 nodes are trivial to copy

[Anonymous No.11327451]

>>11327399
Perfect

[Anonymous No.11327494]

EOS is nothing impressive or interesting tech wise, its time in the top 10 is limited (and most of the current top 20 honestly) until new/in progress much better platforms will come up.

EOS is really enjoying the weak competition atm.

[muzammil k No.11327494,1]

According To WalletInvestor, Investing In EOS Will Turn Out To Be A Favorable Venture For The Investors, They Believe That In 2023, It Might Reach $911.