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RE: 💟 An Oath To Dan Larimer [A Genius 🤓] In Regards to EOS and All That He Has Shown So Far 👏🏻

in #poetry7 years ago (edited)

It is hard to predict a target price when it comes to EOS. I believe it all depends on how fast blockchains will become mainstream and whether there will come competition in the coming years. As of now it is so far ahead on the rest that it could easily reach 1 trillion+ market cap over time (meaning it would be worth over 1500$). I expect it to be over $100+ at least end of next year though.

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Thanks! Where do you store your EOSes btw? I just have mine on exchanges for now, but if EOS takes another x 10, I do not want to risk losing them to a hacker.

I bought them through the EOS distribution, so it's already on an (private) ethereum account as well as registered to an EOS key, something you need to be sure to do before it goes live. I had the ease of doing this all through the EOS.io site, as it has all these functions build in.

One thing you need to be sure of is that the Ethereum account you use is ERC20 compatible, so that it is able to store the EOS. That same ETH account needs to be linked to an EOS key, so that once it goes live your EOS "tokens" will get transferred inside the system. Myetherwallet or metmask are the ones usually recommended.

You could check this article for some more info (from step 3 onwards): https://steemit.com/eos/@sandwich/contributing-to-eos-token-sale-with-myetherwallet-and-contract-inner-workings