The Price Of EOS Keeps RisingsteemCreated with Sketch.

in #eos7 years ago

The Price Of EOS Keeps Rising

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Just a few minutes ago the price of EOS shot up to $1.07. It seems the bull run isn't over yet.

Do not miss your opportunity to grab this asset while it is cheap.

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Definitely one to buy and hold for the long term. I just need to work out how to register my address now!

I've been keeping an eye on this the last few days. Makes me so happy because I'm holding a fair amount of EOS.

Congratulations my fellow Steemian! I hold about 10 and none are going up. I hold a lot of Verge and Digitalnote .

just wait till the end of jan

I sold my Bitcoins when they were worth $3000 to invest in about 10 different coins that do nothing.

It's a difficuilt situation, Bitcoin is now at $6,632. The question which one will lead the pack in the coming months and years. When will Altcoins rising and will the rise faster than Bitcoin? I think it's also a good idea to hold both.

Don't feel bad. I bought a few at $800 and sold one at $2800 and then started buying gold, silver and other coins at $4800. At the same time I tried to sell some bitcoin for USD and my bank denied the transaction and froze my accounts..... Gold and silver are great but depressed right now however you can hold them in your hand. I bought a bunch of EOS around $0.40 but everyone better have an exit strategy if the FED cracks down.
Look at the $6600 price as short term gains that the IRS will get 50% of unless you use it with a bitpay card or other card if your not in the US.

I was seeing this summer "buy before it's $1!"

And I've missed the boat. I will certainly be waiting for a dip, though. Will not be buying into the Highs.

Assuming it goes to a level I am comfortable buying in...what wallet would I need? Would any ERC20 compatible wallet work or do I need another?

Buy before its $5!

You can buy it through any means that supports ERC20, correct. You need to register your EOS tokens with your Ethereum address before the tokens are frozen in June 2018.

The tokens you are purchasing are just a "mirror" of the actual EOS tokens that will come later.

Buy tokens, store in Ethereum wallet, register Ethereum address with EOS network, store public/private EOS key, hodl.

Does anyone know what’s the reason for the rise?

FOMO will be strong with EOS as the token sale end gets nearer

But the token sale is not even half way is it?
https://eosscan.io

One reason may the EOS.IO Developer Update by Dan himself. It shows promising things to come and i wrote also in several posts about EOS because i think it adresses many things in the right way. But we should also consider the token sale isn't over yet. About half of the tokens are out now (556 million). For distribution there are 444 million left and will dilute existing shareholder value in the next 7 months. Maybe we see a sharp fall after this pump because the token sale is going on til June 1st 2018 from what i know. Maybe it's FOMO and will further pump the price for a while.

Yeah. I haven't sat down and done the figures lately, but I thought the crowdsale address basically had a very set method for determining how many tokens 1 ETH would purchase.

Maybe the demand for the crowdsale has increased so much that the price on the open market is reflective of this function. Will do a little more research and hopefully bring some more information in the form of a post when I get it.

But EOS definitely has a bright future. Hopefully the market doesnt get too mixed up that it scares off investors.

I'll lookin' forward, follow you now. EOS is definitely one of the top Altcoins i have on my watchlist! Thank you!

Fake rally based off of a developer announcement. This ERC-20 token has already been announced that block.one will return nothing to token holders. Noooooo idea why people want this token.

What do you mean they "will return nothing to token holders"

If you have EOS ERC20 tokens, you register them with the EOS network. Then when the ERC20 tokens are frozen, you will have access to the tokens on the EOS chain.

Unless you refer to something different?

You can buy EOS from coinswitch.co, they are an exchange aggregator having many leading exchanges like Shapeshift, Changelly, KuCoin,Changer and BitSwipe integrated with them.
https://coinswitch.co/exchange/btc/eos/0.1