EOS has been long under the radar for awhile only recently start out performing ETH and BTC. Even on social media there so much hate going on despite current bumpy uptrend.
Think things will soon chance as momentum is picking up and it outperforms ETH.
Reality is that EOS no different than any other all-around project out there so it will go up with momentum and hype as prices rises.
We hit the $12-$14 initial target range which was the 50% range from the High/Lows of the bear market. We seeing some natural resistance here but chances we will soon see the ATH revisited, tested and eventually broken. I think reasonable initial target is somewhere around $120 but ultimately i think the insanity of this bubble market are are living this thing will also print another 10x after that and 1K seems crazy but it is not unrealistic.
@D7R, I 100% believe the idea :D we will see it around 2022 probably... for this year we might see 100 USD or more
D7R
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@suckerO_O, yes. I believe in human greed and nonsense. All these worthless projects will indeed pump higher. I'm bullish cus of that.
deci8el
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@D7R, Not a fan of EOS fundamentals? Why's that? (genuinely curious, not baiting you troll)
D7R
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@bdbroadbent, all these PoS systems promote centralisation, oligarchy and politics its no different than central banking and state level monopolies. altcoins main value prop is to create best narrative against bitcoin and whoever has the best narrative wins the ignorant money.
I look at these things purely from psychology of markets (fear/greed), volatility and trend standpoint. Getting Bitcoin is always the end goal.
deci8el
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@D7R, Thanks. I've spent little time on fundamentals and would like to dive in more. Obviously the TA seems to be king on the long term trading success. I keep getting stuff about vertcoin whispered in my ear, but I don't know if that project has legs either. The battle against centralization is key for me, but seems impossible to prevent. A very few will always control the majority of the computing power at these massive mining operations
D7R
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@bdbroadbent, if vertcoin is whispered in your ears and you are here to share it. It's likely to be absolute garbage ready to dump hard. That is your fundamentals.