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AlanSantana
Apr 13, 2021 5:27 PM

EOS Swimming With The Bulls, Another Jump! Long

EOS / BitcoinBinance

Description

After the initial break of EMA50, EOSBTC remained strong always trading above EMA10.

Now that EMA10 has been tested as support, EOSBTC can continue to grow.

The next target is marked on the chart.

Namaste.
Comments
imgarrey
what are your views on POND sir highly appreciated !
kemalsaden2
good job
Trader_OMS
I think
Crypto_Scorpio
nice thanks
BitbullDai
hi alan, what do you think of eosbtc now. it seems a huge alt dump is about to happen prior to coinbase's listing.
blueface50
absolutely agree on this idea, but LTC looks way better than EOS at this moment
ezpi
EOS is a shitcoin. founders of the project (the ones that mattered) already abandoned it in 2019 and 2020.
even shitcoins will rally in bull markets, but they arent worth holding.
CryptoBlaz
@ezpi check news daniel larimer is back
feromong
@ezpi, Dude, show me a non-shitty coin. Which is used for its intended purpose, and not for speculation.
ezpi
@feromong,
ETH = worlds first decentralized supercomputer (+ smart contracts and all that jazz)
XMR = fully privatizes and secures your money. 1000x faster transactions (and cheaper) than eth/btc etc...
UNI/SUSHI/etc = have created a decentralized swap market which didnt exist prior (ok it did but not at scale/adaptability like this); this has disrupted age-old businesses of brokers, banks
SNX = successfully created synthetic tokens pegged to all other markets eg commodoties, stocks, indices, bonds, etc.... (and ofc cryptos, but that part is sortof useless: if you can buy SNX, you can just buy the crypto itself); this has disrupted brokers, finance1.0 exchanges etc
BCH = actually being used for transactions and payments; despite having less adoption than btc it does 10x the volume. another is LTC doing similar (but less volume than bch). I dont think these are the ultimate payment option though, as there are better cryptos for mass payments like DGB, EGLD, etc.

If you mean "PURE Speculation", then you are saying that 100% of $$ into a crypto is just being invested by people hoping the price goes up.
The above coins have already been fulfilling an actual business function for years. Function that businesses, individuals, and now even central banks depend on to operate.
This is called utility. Not speculation.

EOS has not fulfilled any utility as of yet. It has promised allot of it, and failed to deliver any of it, and then the most important people (technologists ofc) on the team left the project.
I am never one to say black or white --- they could come back, or they could attract others to fill those roles --- but EOS as a project has a very rocky history and people investing in it are indeed speculating that the above issues will be solved.

I wont invest in EOS because it doesnt meet my DD.
I am also a tech investor (angel and VC) so I am used to doing pretty rigorous DD into the projects I fund.
EOS has way too many red flags for me to go in.

Any coin, even shitcoins, will pump in a bull market.
It doesnt mean jack...

Disclaimer I hold:
AAVE, ADA, ALGO, BAT, BCH, BNB, BTC, CEL, CRO, DGB, DOT, EGLD, ENJ, ETH, KNC, LINK, LTC, ONE, PRV, SNX, THETA, UNI, VET, XLM, XMR, XRP, YFI, ZIL, DAI, USDC, USDT
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