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Topic: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem) - page 170. (Read 189731 times)

sr. member
Activity: 322
Merit: 250
Sorry if this has already been covered in this thread, it's a long thread and search isn't helping...

What's the value in the current token? Both the site and whitepaper disclaimer that it's worthless.

From the whitepaper:

Quote
PLEASE NOTE: CRYPTOGRAPHIC TOKENS REFERRED TO IN THIS WHITE PAPER REFER TO CRYPTOGRAPHIC TOKENS ON A LAUNCHED BLOCKCHAIN THAT ADOPTS THE EOS.IO SOFTWARE. THEY DO NOT REFER TO THE ERC-20 COMPATIBLE TOKENS BEING DISTRIBUTED ON THE ETHEREUM BLOCKCHAIN IN CONNECTION WITH THE EOS TOKEN DISTRIBUTION.

So from what reasonable speculation is the value of the token derived?

You didn't even try to find the answer or read any of the pages or read any of this page. And for that reason I won't give you the answer to your question

Got it, so you don't know either. I did read, quite a bit here and on another forum, there are hints and vagaries about a token exchange, but nothing investable. Nothing officially sourced, just speculation... 24 pages of drivel.

If the supporters of this token expect others to invest to grow support, providing meaningful information to prospective investors shouldn't be such a labor. Guess i'll pass on this scam if your useless response is to be taken as an indication that this is just a circle-jerk token.


Exactly 4 posts above your question you could have found the answer. Obviously you are the type that needs to be spoon fed everything
member
Activity: 75
Merit: 10
EOS RIP?

Quote
Kraken

In order to help mitigate the strain on our platform caused by recent exponential growth, we are delisting some of our illiquid trading pairs and temporarily suspending all advanced order types. These changes will go into effect on Tuesday, August 22 around 6 am UTC (Monday August 21 around 11 pm Pacific).

The following pairs will be delisted with all outstanding orders being canceled

    EOS/EUR
    EOS/USD

I'm assuming XBT/EOS & ETH/EOS will still be trading... so don't really see this as an issue.
legendary
Activity: 1764
Merit: 1000
Paying 50$ for claiming tokens. Undecided

you can instantly and pretty anonymously buy EOS (https://steemit.com/eos/@ash/buy-eos-instantly-for-bitcoin-50-altcoins-and-creditcard) no need to go through the smartcontract hassle
sr. member
Activity: 588
Merit: 250
Paying 50$ for claiming tokens. Undecided
member
Activity: 116
Merit: 10
Quack.
Just claimed some tokens. The gas price and limit suggested by MetaMask resulted in 3 times failed 'claim' (but it nonetheless costs money). After the 4th time using upper limits, the claim went through. Bye bye $50 just for claiming some tokens.

This Ethereum thing is broken...

yep same. almost better to just go to the exchange and buy there.
legendary
Activity: 910
Merit: 1000
EOS RIP?

Quote
Kraken

In order to help mitigate the strain on our platform caused by recent exponential growth, we are delisting some of our illiquid trading pairs and temporarily suspending all advanced order types. These changes will go into effect on Tuesday, August 22 around 6 am UTC (Monday August 21 around 11 pm Pacific).

The following pairs will be delisted with all outstanding orders being canceled

    EOS/EUR
    EOS/USD

I din't know that it's Centralized exchanges that dictate what "lives" and what "dies"  Smiley
full member
Activity: 702
Merit: 105
t.me/CryptoPortfel > JOIN
EOS RIP?

Quote
Kraken

In order to help mitigate the strain on our platform caused by recent exponential growth, we are delisting some of our illiquid trading pairs and temporarily suspending all advanced order types. These changes will go into effect on Tuesday, August 22 around 6 am UTC (Monday August 21 around 11 pm Pacific).

The following pairs will be delisted with all outstanding orders being canceled

    EOS/EUR
    EOS/USD
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
Just claimed some tokens. The gas price and limit suggested by MetaMask resulted in 3 times failed 'claim' (but it nonetheless costs money). After the 4th time using upper limits, the claim went through. Bye bye $50 just for claiming some tokens.

This Ethereum thing is broken...

true.

Eth is broken and i dont understand why their community does not see through this.

For me, this confirms there is room for another blockchain to emerge and fill the number 2 spot in terms of market cap.

Imagin, ETH is $30 billion in market cap - even with all its problems! How valuable will a real functioning blockchain for dapps and ICOs and enterprises be?

$30 billion?

$50 billion?
legendary
Activity: 3108
Merit: 1531
yes
Just claimed some tokens. The gas price and limit suggested by MetaMask resulted in 3 times failed 'claim' (but it nonetheless costs money). After the 4th time using upper limits, the claim went through. Bye bye $50 just for claiming some tokens.

This Ethereum thing is broken...
copper member
Activity: 45
Merit: 12
Sorry if this has already been covered in this thread, it's a long thread and search isn't helping...

What's the value in the current token? Both the site and whitepaper disclaimer that it's worthless.

From the whitepaper:

Quote
PLEASE NOTE: CRYPTOGRAPHIC TOKENS REFERRED TO IN THIS WHITE PAPER REFER TO CRYPTOGRAPHIC TOKENS ON A LAUNCHED BLOCKCHAIN THAT ADOPTS THE EOS.IO SOFTWARE. THEY DO NOT REFER TO THE ERC-20 COMPATIBLE TOKENS BEING DISTRIBUTED ON THE ETHEREUM BLOCKCHAIN IN CONNECTION WITH THE EOS TOKEN DISTRIBUTION.

So from what reasonable speculation is the value of the token derived?

These tokens will be exchanged for tokens of the EOS blockchain (when it will be launched in July 2018). And after that these "new tokens" will be used by the new platform.

Thank you, is there an official source you can cite providing information on how this exchange will work? And the asset to be exchanged for?

You can find info at https://eos.io/faq.html - art. 19 & 21. This is a good place to start. After that try reading articles on EOS on https://steemit.com/. Here is a good article on registering your public key: https://steemit.com/eos/@sandwich/how-to-update-the-eos-public-key-mapped-registered-to-your-ethereum-wallet-with-myetherwallet-mew
full member
Activity: 128
Merit: 100
Sorry if this has already been covered in this thread, it's a long thread and search isn't helping...

What's the value in the current token? Both the site and whitepaper disclaimer that it's worthless.

From the whitepaper:

Quote
PLEASE NOTE: CRYPTOGRAPHIC TOKENS REFERRED TO IN THIS WHITE PAPER REFER TO CRYPTOGRAPHIC TOKENS ON A LAUNCHED BLOCKCHAIN THAT ADOPTS THE EOS.IO SOFTWARE. THEY DO NOT REFER TO THE ERC-20 COMPATIBLE TOKENS BEING DISTRIBUTED ON THE ETHEREUM BLOCKCHAIN IN CONNECTION WITH THE EOS TOKEN DISTRIBUTION.

So from what reasonable speculation is the value of the token derived?

These tokens will be exchanged for tokens of the EOS blockchain (when it will be launched in July 2018). And after that these "new tokens" will be used by the new platform.

Thank you, is there an official source you can cite providing information on how this exchange will work? And the asset to be exchanged for?
full member
Activity: 128
Merit: 100
Sorry if this has already been covered in this thread, it's a long thread and search isn't helping...

What's the value in the current token? Both the site and whitepaper disclaimer that it's worthless.

From the whitepaper:

Quote
PLEASE NOTE: CRYPTOGRAPHIC TOKENS REFERRED TO IN THIS WHITE PAPER REFER TO CRYPTOGRAPHIC TOKENS ON A LAUNCHED BLOCKCHAIN THAT ADOPTS THE EOS.IO SOFTWARE. THEY DO NOT REFER TO THE ERC-20 COMPATIBLE TOKENS BEING DISTRIBUTED ON THE ETHEREUM BLOCKCHAIN IN CONNECTION WITH THE EOS TOKEN DISTRIBUTION.

So from what reasonable speculation is the value of the token derived?

You didn't even try to find the answer or read any of the pages or read any of this page. And for that reason I won't give you the answer to your question

Got it, so you don't know either. I did read, quite a bit here and on another forum, there are hints and vagaries about a token exchange, but nothing investable. Nothing officially sourced, just speculation... 24 pages of drivel.

If the supporters of this token expect others to invest to grow support, providing meaningful information to prospective investors shouldn't be such a labor. Guess i'll pass on this scam if your useless response is to be taken as an indication that this is just a circle-jerk token.

copper member
Activity: 45
Merit: 12
Sorry if this has already been covered in this thread, it's a long thread and search isn't helping...

What's the value in the current token? Both the site and whitepaper disclaimer that it's worthless.

From the whitepaper:

Quote
PLEASE NOTE: CRYPTOGRAPHIC TOKENS REFERRED TO IN THIS WHITE PAPER REFER TO CRYPTOGRAPHIC TOKENS ON A LAUNCHED BLOCKCHAIN THAT ADOPTS THE EOS.IO SOFTWARE. THEY DO NOT REFER TO THE ERC-20 COMPATIBLE TOKENS BEING DISTRIBUTED ON THE ETHEREUM BLOCKCHAIN IN CONNECTION WITH THE EOS TOKEN DISTRIBUTION.

So from what reasonable speculation is the value of the token derived?

These tokens will be exchanged for tokens of the EOS blockchain (when it will be launched in July 2018). And after that these "new tokens" will be used by the new platform.
sr. member
Activity: 322
Merit: 250
Sorry if this has already been covered in this thread, it's a long thread and search isn't helping...

What's the value in the current token? Both the site and whitepaper disclaimer that it's worthless.

From the whitepaper:

Quote
PLEASE NOTE: CRYPTOGRAPHIC TOKENS REFERRED TO IN THIS WHITE PAPER REFER TO CRYPTOGRAPHIC TOKENS ON A LAUNCHED BLOCKCHAIN THAT ADOPTS THE EOS.IO SOFTWARE. THEY DO NOT REFER TO THE ERC-20 COMPATIBLE TOKENS BEING DISTRIBUTED ON THE ETHEREUM BLOCKCHAIN IN CONNECTION WITH THE EOS TOKEN DISTRIBUTION.

So from what reasonable speculation is the value of the token derived?

You didn't even try to find the answer or read any of the pages or read any of this page. And for that reason I won't give you the answer to your question
full member
Activity: 128
Merit: 100
Sorry if this has already been covered in this thread, it's a long thread and search isn't helping...

What's the value in the current token? Both the site and whitepaper disclaimer that it's worthless.

From the whitepaper:

Quote
PLEASE NOTE: CRYPTOGRAPHIC TOKENS REFERRED TO IN THIS WHITE PAPER REFER TO CRYPTOGRAPHIC TOKENS ON A LAUNCHED BLOCKCHAIN THAT ADOPTS THE EOS.IO SOFTWARE. THEY DO NOT REFER TO THE ERC-20 COMPATIBLE TOKENS BEING DISTRIBUTED ON THE ETHEREUM BLOCKCHAIN IN CONNECTION WITH THE EOS TOKEN DISTRIBUTION.

So from what reasonable speculation is the value of the token derived?
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
if seen against the others, only, it's a breakthrough.  The messaging in particular is a new approach.  An old approach in CS  ... but because of the UTXO state mindset never being challenged by people who'd learnt their trade within Bitcoin, it was not seriously tried in blockchain until Bitshares 2.0.

And that reveals it's not actually a breakthru - EOS is a progression of 4 steps:  Bitshares 1 -> Bitshares 2 == graphene -> Steem -> EOS.

each was a progression with improvements.  EOS adds arbitration and constitution to the Steem base.  These are things we've done before in CAcert, so we know they work in principle.  If we get to add in the CAcert  approach then seen together the governance thing will be radical.

So I think EOS is up there with the others in a big way.  The one that is most in trouble is Ethereum because it's stuck on its old codebase and its cutesy approach to everything - locked in to legacy baggage.  Whereas if BCC takes off and some of the things that CSW talks about take fruit, it could do a lot to repair the damage.

And Corda owns the finance world.  Ethereum was big in 2016 there, but that's all over now.  So Ethereum is facing a 3 fronts war.

whereas everyone else is just battling Ethereum
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
Eos will be sub 1$ soon, there are more and more coins everyday without any product or prototype. By the time EOS releases there will be a lot of competition like NEO etc.

I think so, too. I think there's a big suppy, and it's likely to devalue very quickly.

yeah, could go below $1, perhaps,

world could end tomorrow too

there is a testnet coming out in September ,mid.

that might sway investor opinion
member
Activity: 182
Merit: 10
Eos will be sub 1$ soon, there are more and more coins everyday without any product or prototype. By the time EOS releases there will be a lot of competition like NEO etc.

I think so, too. I think there's a big suppy, and it's likely to devalue very quickly.
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
hello,

i want to buy some eos, but i am getting a little confused.
i saw, that i can buy EOS directly for EURO, but is this any different that EOS TOKENS? some of you are buying via ICO, where you convert ETH to EOS tokens?
what is the diferent between tokens and coin EOS?

sorry, if the question is dumb. I have some ETH, so is better to buy it with ETH (and adventage) vs buying in for example in KRAKEN directly with EURO.

thank for answer.

all the same

no on has EOS at this point. Everyone is getting an IOU that will be redeemable for EOS after the token sale ends in June 2018

So it doesnt matter where you buy them from

what matters, is the process of redeeming them for EOS when the EOS blockchain goes live in June 2018

If i had to pick, i would say use the ETH method, so that you familarize yourself with the process and your wallet. if you use this method, DO NOT lose or forget your ETH wallet private keys. You will need them to redeem EOS in June 2018

good luck!

thx man. so if i understand corectly, until june 2018 you are only useing tokens. and in the mid time, they will create blockchan. i saw that they will release at that time a lot of tokens. make me please understand this. if there will be more tokens, then the price will surly go down, if there will be no value (expect specalutions, beliave in the project, hype,..) then price will go very low. some say also 0,3 $. is there some time scheudule before june 2018 what they will develop?
also, what is the price in the ICO option? if i send one ETH,how much eos can i expect?

i was just looking on eos site and i foud this:

There are many incompatible wallets, please check to make sure that your wallet meets the criteria above before sending any ETH. The following wallets are known to be incompatible wallets...KRAken is one of them.

i will see what will future brings,but...in the mid time, i will invest dolar per dolar.

you will have to transfer your 'EOS' on kraken to an ETher wallet in preparation for allocation. I will share a link when i find a good one. This is not a pressing matter, you have till June 2018

Knowing Kraken, it is possible they could do it for their customers. Kraken is very professional.

There are only 1 billion tokens

10%  for blockone

the rest  for the market

there is a test net coming out in September 14 - 16 Dan will likely announce it at a conference he is attending in shanghai

I doubt they will add more tokens than what they have said. This is a risk with ALL ICOs

so,

make of it as you will
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
i always look at it as at least as much as the highest market cap of Ethereum

whic was $400 *93 million

close to $40 billion

i think $50 billion market,

No. 2/3 crypto if it lives up to its potential

thats $50 per EOS

resonable anywhere fro $30 - $50

realistic target $20
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