EOS huge dump coming | Bitcointalksearch.org

Yuuto

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Quote from: Philippines on April 28, 2018, 05:59:46 PM

Quote from: Lontonbit on April 13, 2018, 12:38:55 AM

EOS had a nice run because of the fork but huge warning, inevitable dump coming.

Now EOS is back to the game . Check it on coinmarketcap and it's now 19 usd. I see this token has a potential and not impossible that it will reach ethereum price someday .

I actually commented 2 weeks ago that I don't see any major dumps with EOS until their ICO is over.

However, I didn't expect prices to grow this fast. $19 USD as you said, is absolutely crazy when just a month ago it was like $4. Even if it's for the right reasons that the pump is correctly taking EOS to huge heights, I don't think that this trajectory is sustainable in the long run for price growth. Especially with BTC having difficulty breaking the $10k barrier, the entire crypto market, including EOS, will probably adjust downwards soon.

But still, expect a pretty good return in the mid to long term with EOS, especially when main net launches.

Philippines

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Quote from: Lontonbit on April 13, 2018, 12:38:55 AM

EOS had a nice run because of the fork but huge warning, inevitable dump coming.

Now EOS is back to the game . Check it on coinmarketcap and it's now 19 usd. I see this token has a potential and not impossible that it will reach ethereum price someday .

slaman29

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Quote from: bigdude on April 13, 2018, 01:15:53 AM

Quote from: Lontonbit on April 13, 2018, 12:38:55 AM

EOS had a nice run because of the fork but huge warning, inevitable dump coming.

We all have lessons from the time in Dec 2017 when everything great and we're walking in the moon that time. And now all coin/token lost 3x it value.
So once you have nice price let's cash it out and hold strong don't need FOMO. when EOS huge pump then huge dump coming is normal. Whale need take profit and you too. Only FOMOers stand in the top and spread the faith and wait for a month to get it reach current ATH again.
So let's happy with any gain Grin

Was I the only one who thought the fork should have actually negatively impacted EOS? Or was the green wave of alts simply too irresistible for it? I see several pump alts doing their normal bull traps too. Talking about Tron and Verge here, both of which I let go already, waiting for the impending dump. Bitcoin will rise again, or Bitcoin will just be sideways, either way, alts can't hold on to this, especially not these super pumped coins.

So agree. Happy with whatever gains from these alts.

Lontonbit

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This game is too easy lol

Tactical Genius

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The market is currently bullish at this point,an EOS dump is possible but unlikely all we can do is to wait and see but for hodlers of EOS,i think they need to keep a keen eye on the market in order not to caught off-guard during a dump if ever it should happen.

Yuuto

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Until the ICO is over I can see no major dumps with EOS.

All the investors through the ICO aren't going to sell their EOS tokens, unless it is substantially higher than the price that they paid for their EOS from ICO. That means that there is virtually 0 large selling pressure.

There could be a small correction since price of EOS had significantly risen over the past few days, and that will always be followed by a dump. But overall, I'm bullish on EOS still.

Bardman

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Quote from: Bee79 on April 13, 2018, 04:58:42 AM

Quote from: Bardman on April 13, 2018, 04:37:39 AM

Not necessarily since bitcoin is currently in a bull break. In fact EOS ''pump'' wasn't that much of a pump considering every other coin was ''pumped'' as well so I don't really see any reason for EOS to go down alone unless bitcoin goes down as well.

EOS pumped before that BTC got a 1000$ increase in 30min. Of course then it beneficiated from the whole pump, but the EOS is performing better than other since a few days (and even before).

Better than btc but many altcoins had a % increase similar or higher than EOS like cardano or even verge with a 70% in the last week compared to 55% of EOS so there is really no fear of a big dump, just a normal correction.

gon

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Quote from: Lontonbit on April 13, 2018, 12:38:55 AM

EOS had a nice run because of the fork but huge warning, inevitable dump coming.

It's inevitable after every fork of a popular coin.
But it will recover eventually. Maybe in a very short term, because now the whole market is mooning.
My plan is to dump my EOS as the first signs of the bid dump and buy it a profit on the bottom price.

AUruHM

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Quote from: bigdude on April 13, 2018, 01:15:53 AM

Quote from: Lontonbit on April 13, 2018, 12:38:55 AM

EOS had a nice run because of the fork but huge warning, inevitable dump coming.

We all have lessons from the time in Dec 2017 when everything great and we're walking in the moon that time. And now all coin/token lost 3x it value.
So once you have nice price let's cash it out and hold strong don't need FOMO. when EOS huge pump then huge dump coming is normal. Whale need take profit and you too. Only FOMOers stand in the top and spread the faith and wait for a month to get it reach current ATH again.
So let's happy with any gain Grin

Not all, not all. Last summer crypto gave same lessons but we needed Jan'18 for repetition. Imho today some of the investors think for sure that we enter an uptrend. Regardless FOMO is this or no but someone must lose that the other earned.

And dump can start a 1-2 days before the fork. As was with Nxt (not fork but ardr blockchain start)

luongdk

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I was amazed by yeaterday 40% growth , really didn't expected such a bull run. I hope it is only a start of correction to the down trend and we will see all crypto much higher

Red-Apple

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Quote from: Lontonbit on April 13, 2018, 12:38:55 AM

EOS had a nice run because of the fork but huge warning, inevitable dump coming.

of course there is a big dump coming there is absolutely no doubt about that, any coin that goes up based on pure hype aka pump (in this case fork pump) needs to come down eventually.

the real question is WHEN?
history suggests that the big dump will be initiated about 2-3 hours before the fork and it will lose a huge part of its value before the fork even starts. then there will be a bigger dump as soon as the fork takes place.

starblocks

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You could consider it over bought if its not realistically worth almost twice as much as NEO or Stellar

Bee79

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Quote from: Bardman on April 13, 2018, 04:37:39 AM

Not necessarily since bitcoin is currently in a bull break. In fact EOS ''pump'' wasn't that much of a pump considering every other coin was ''pumped'' as well so I don't really see any reason for EOS to go down alone unless bitcoin goes down as well.

EOS pumped before that BTC got a 1000$ increase in 30min. Of course then it beneficiated from the whole pump, but the EOS is performing better than other since a few days (and even before).

bhantom

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It is sure, eos can not growing all time. The longer it grows, the later it will fall below, in my opinion everybody who want sell eos can wait max 2-3 days when price will be on top and sell, because later can be too late

Bardman

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Not necessarily since bitcoin is currently in a bull break. In fact EOS ''pump'' wasn't that much of a pump considering every other coin was ''pumped'' as well so I don't really see any reason for EOS to go down alone unless bitcoin goes down as well.

Soroskatona

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Why will be a huge dump? I mean I understand it that it can happen, but until the BTC and the market keeps rising, I dont think there will be a huge EOS dump, maybe if the growth intensity decreases.

kryptqnick

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Quote from: nopedope89 on April 13, 2018, 01:50:25 AM

As long as the markets continue to rise in this way, I do not think it will dump. If the direction is still down, there is a lot more chance of falling faster.

True. We has EOS yesterday, IOTA today and might have something like Bitcoin cash tomorrow. As long as there's at least one top coin whose price rises a lot, it makes it all better for the whole market and motivated people to buy other coins before they rise as well. I hope the direction is finally up. Big financial analysts are talking about cryptocurrencies and blockchain technology as something promising. Major social networks release their own cryptocurrencies. The tech is good and some stupid news finally lose their influence on it.

Lontonbit

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Quote from: thepo1m on April 13, 2018, 02:37:30 AM

Everyone knows this, one of the good thing in the crypto currency market is that one can forecast what would likely happen. What one need to do is the timing one sells his token before the airdrops, demand for EOS tokens is because everyone want a cut of the airdrop

Shorting this is the highest risk to reward senario you'll ever get.

thepo1m

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Everyone knows this, one of the good thing in the crypto currency market is that one can forecast what would likely happen. What one need to do is the timing one sells his token before the airdrops, demand for EOS tokens is because everyone want a cut of the airdrop

Lontonbit

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Quote from: nopedope89 on April 13, 2018, 01:50:25 AM

As long as the markets continue to rise in this way, I do not think it will dump. If the direction is still down, there is a lot more chance of falling faster.

Down in satoshi, I don't care about usd

Topic: EOS huge dump coming (Read 320 times)