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RE: DO NOT Buy EOS !!! Your $$$$ is Needed Elsewhere!

in #eos7 years ago (edited)

The dynamics of a year long ICO are interesting, especially with all the hype around EOS at the beginning and the excitement in the broader crypto market. The marketcap of EOS is currently about $250 million and most of the coin hasn't been offered yet. Either people will continue to dump ETH into this or the price will devalue significantly as more coin is released on the market. Also there is not much of a product or platform yet so a lot of faith in future growth.
However longer term, EOS is a pretty exciting project with lots of potential. I'm going to keep my powder dry on it for a while and see how the ICO continues and project develops.
I find other projects such as Steemit and NEO more interesting. What are your thoughts?