EOS overvalued , overhyped ?

[troll]

Back in April/May, EOS had a lot of hype flowing into it with their Mainnet launch happening in the beginning of June.

We saw the price lead the charge in April from $3 to $20+ in only a few weeks.

This was actually one of my better trades in April, resulting is roughly 300% gains!

But now the EOS hype has died down quite a bit and it's almost back down to where it started...

The issue with EOS is that they promised us the world...

I've heard people say, "It's the Google of Blockchain"

And...

"There's nothing other coins can do that EOS can't"

EOS has potential to be great, but they branded themselves as the best before even launching!

This caused for a multi billion dollar evaluation on a project without a Mainnet to show for it.

So far, EOS has over promised & under delivered. Honestly I think they could have had a flawless Mainnet launch & still dropped because it was overvalued.

One big issue I see with EOS is that 21 Block Producers are earning thousands of EOS per day meanwhile no one else can stake their coins.

Just seems like a bad system...

So what do you guys think about EOS?

Do you see their Governance model as an issue moving forward?

Do you think it'll become the "Google of Blockchain"?

[Nanagyasi]

Eos had and still has a lot of speculations about it. Some even comparing Eos to ethereum and suggesting that Eos may overtake Eth. I personally don't not see that much about Eos but it is a good coin though. Maybe it has been overhyped like you are suggesting

[gribble]

Eos had and still has a lot of speculations about it. Some even comparing Eos to ethereum and suggesting that Eos may overtake Eth. I personally don't not see that much about Eos but it is a good coin though. Maybe it has been overhyped like you are suggesting

I have followed the EOS project since one year ago, EOS has good potential in the future compared with ethereum in my personal analysis especially for couples years later and there are no wrong investing in EOS for long term investment.

[MelchiZedek]

There are hypes and speculations around every coin. What does the hype sorrounding eos got to do with its under delivery? I personally do not see a link between these two. EOS is roughly a year and half old in the system and has done better than most coins out there and will still continue to do better

[Contagem]

I expected a little more growth from EOS, but I believe that it has a strong enough team and it constantly improves and completes its platform. They have already done a lot and if there are some flaws, then I believe that they will solve them. For example, Ethereum has, since its inception, still faces problems that its team needs to address.

[Niteroy]

I agree that EOS used aggressive marketing and in fact built on some promises of something incredibly grandiose, but every project needs time and I'm sure that the EOS team will be able to realize all that they promised. Now its price does not grow because there are constantly new problems associated with it and which the team needs to solve.

[altcoingamer]

I agree that EOS used aggressive marketing and in fact built on some promises of something incredibly grandiose, but every project needs time and I'm sure that the EOS team will be able to realize all that they promised. Now its price does not grow because there are constantly new problems associated with it and which the team needs to solve.

The money raised by this project is just absurdity levels... I'm not even really mad at the hype either since you can see how well it served coins like Tron and Verge...what I don't like Tron is SR Elections.. I think they're way too political and pointless for zero reason.. just do nodes/masternodes and be done with it.

[TERMINO]

No matter whatever the issues of eos. The important it is not belong to shitcoins.

[Eben]

EOS is a great altcoin with a lot of potential. I can see it becoming one of the popular altcoins in the future but for now I think it hasn’t gotten that far as some are even comparing it to ethereum. Though everything is possible I think it’s being overhyped now.

[Sudarmono]

why do you sell it, and you should not have to do that because you really need it in the future to make a lot of money.

[Ed1973]

Back in April/May, EOS had a lot of hype flowing into it with their Mainnet launch happening in the beginning of June.

We saw the price lead the charge in April from $3 to $20+ in only a few weeks.

This was actually one of my better trades in April, resulting is roughly 300% gains!

But now the EOS hype has died down quite a bit and it's almost back down to where it started...

The issue with EOS is that they promised us the world...

I've heard people say, "It's the Google of Blockchain"

And...

"There's nothing other coins can do that EOS can't"

EOS has potential to be great, but they branded themselves as the best before even launching!

This caused for a multi billion dollar evaluation on a project without a Mainnet to show for it.

So far, EOS has over promised & under delivered. Honestly I think they could have had a flawless Mainnet launch & still dropped because it was overvalued.

One big issue I see with EOS is that 21 Block Producers are earning thousands of EOS per day meanwhile no one else can stake their coins.

Just seems like a bad system...

So what do you guys think about EOS?

Do you see their Governance model as an issue moving forward?

Do you think it'll become the "Google of Blockchain"?

Not only EOS. Perhaps, BTC and other coins/tokens also. However, maybe they are not... Who knows for sure? What about MGO, MTK, CAT? The time will tell. The problem is that nobody knows for sure.