You are viewing a single comment's thread from:
RE: EOS Longer Term Pespectives: Basing with Two Rounded Bottoms! Bullish!
Thanks Haejin, can you double check that chart for 250 days out from now.
That's when the ICO ends... 2 million per day released with certain exchanges selling at higher prices you can make some money.
The ICO really puts a lot of downward pressure on the price. In a way it's a wise move because EOS like MaidSafe is a way too ambitious (but achievable) project that takes on a lot of things. They need time and lots of it. I really respect the way they handled the ICO even though I hate it as a trader. But at the end of line it's the products that matter. I do believe @haejin's $18 per EOS is pretty conservative.
EOS is a long term play. Not really worth the day trading, IMO. I believe $18 is achievable within about 12 months of the ICO ending. If EOS can overtake Ethereum as the preferred smart contract platform (which I believe it has more than a 80% shot of doing so) then we're looking at a $35 price target.
Hi mate, I agree with you; I see EOS $100 by May 2018
$35 in 12 months is very likely to happen. By the end 2019 EOS will be bigger than BTC and Probably $100 or more. I also expect Dash to overtake BTC by that time. Dash is simply the best currency blockchain we have.
I agree with haejin's call of $18 EOS and beyond.