Why EOS Will ROCK The Markets In 2018 with Jeff Berwick
In this video, I talk with Jeff Berwick of The Dollar Vigilante and Anarchast about the most talked about cryptocurrency of 2018 which is of course EOS.
Since July 2017, we've seen EOS climb to $2.80, fall down to 50 cents and climb back up to $22! It has the most interesting expectations and speculations and at the end of the day, it's still just an ICO!
EOS was created by our friend Dan Larimer who also created Bitshares and Steem as well as Steem's social media network, Steemit!
Being a perfectionist, Dan Larimer is obsessed with bringing the best cryptocurrency to market. Well EOS has a lot promised, and those of us who believe in what Dan does know that it is more than just a promise.
EOS is said to have smart media tokens when released on June 1st. Alongside this is password protection, a new social media site, complete self governing transparency, no fees, fast transactions and the list goes on.
Many say it will knock Steemit out of the market which is not something we believe. It's more likely to just compete against another great creation. There's room for more than one in the market just like there is Burger King AND McDonalds.
EOS will be released on June 1st and will likely make a minor dip before returning to new all-time-highs. It has the potential to climb far above 5th place in the crypto market as Ethereum unfortunately faces off against the SEC.
Now, speaking of competition in the markets, Jeff also goes into Bitcoin Cash and the incredible rallies we've seen in the currency in recent weeks as we return to a bull market.
All this and more!
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We'll see about the minor dip part. EOS has been hyped to the moon already, so I am skeptical that there is enough cash on the sidelines to push it even higher. I think we'll get a sizable sell-off at mainnet launch.
Don't always agree with Jeff on some of the more conspiratorial stuff but he knows his stuff when it comes to crypto
What is the purpose of EOSDac? Also are there any groups to follow who are promising EOS mainnet launch?
EOSDac is going to be a community-based block producer and there is some talk of them giving "dividends" to those who hold the tokens at the end of each year. They will get x% (5% is the number being thrown around) every year as payment for running a node and they "may" give a percentage of that back to token holders which I think is a great idea.
Will it remain erc20 token? Or do I need to register them like EOS token required?
None of the airdrops will remain an ERC-20 token, these are tokens that exist within an ethereum smart contract.
If you had your ETH EOS wallet address registered they have taken the snapshot already and I believe most people now have the token as an ERC-20. Once the EOS Mainnet launches the tokens will be allocated to the EOS address that was generated for you during the registration process and you will be able to access them once a wallet is launched that supports the token.
Hope that helps
Thanks
I have very high hopes for EOS. It is by far the largest holding in my small portfolio.
Really good interview - thanks for sharing.
SEC ruling on Ethereum is a concern - time to park in Bitcoin Cash and EOS...?
ETH as a security = short term: dip for ETH price + long term: ETH-related companies will move themselves outside of USA, USA governemt will lose a lot of taxes, USA will be left behind the rest of the World.
You better have stacks of EOS When you hit Las Vegas in a few months 😂
well post i like it keet it up and thanks for shearing
Yes EOS will rock. The main reason is EOS community is growing so fast and I'm so glad to be part of it :)
Agreed, EOS will be a complete game changer when it launches in just a few weeks. It really is super easy to work with and I have even got python talking to it via its API.
Once we get IPFS integration EOS will be a complete blockchain operating system as opposed to the current 'super computer' model we have now.
GOOOOOOOO EOS!!!!!!