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AdamSC1
@adamscochran
53
Crypto enthusiast and Angel Investor, Mod of /r/cryptocurrency and /r/ethtrader, Founder of NuFi.io
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335
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Location
Canada
Website
https://medium.com/@adamscochran
Created
July 3, 2017
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adamscochran
eos
2017-07-05 12:08
RE: Here's what caused the EOS crash last night
I'm not sure - it depends on the platform. I think ICO mania has caused some people to over invest so I see the value likely getting a lot lower before it rises again now that we are a few days in. Long
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adamscochran
eos
2017-07-05 12:06
RE: A Primer on EOS, why it grew 320% overnight and why it isn't done yet!
And he may be right - there are a lot of different opinions, but Bitcoin today without a hard-fork is not going to scale to handle DAPPS - where as EOS will be designed to do so from the ground up.
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adamscochran
eos
2017-07-05 12:04
RE: A Primer on EOS, why it grew 320% overnight and why it isn't done yet!
I agree - and I noted this in my article. The thing is since the target market for this blockchain is corporations they are going to want to have something that is at least slightly more centralized than
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adamscochran
eos
2017-07-05 12:03
RE: A Primer on EOS, why it grew 320% overnight and why it isn't done yet!
EOS aims to be like ether but faster, with account controls and easy to use tools for private blockchains.
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adamscochran
eos
2017-07-05 12:02
RE: A Primer on EOS, why it grew 320% overnight and why it isn't done yet!
I actually found SteemIt because of EOS!
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adamscochran
eos
2017-07-05 12:02
RE: A Primer on EOS, why it grew 320% overnight and why it isn't done yet!
$3.15 usd for a market cap of circa $550M
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adamscochran
eos
2017-07-05 12:01
RE: A Primer on EOS, why it grew 320% overnight and why it isn't done yet!
Agreed Will! The ICO deployment is a fascinating aspect, it means that people who invested early have a vested interest in driving the price up each day. It'll be interesting to see how it all plays out.
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adamscochran
eos
2017-07-05 11:54
RE: A Primer on EOS, why it grew 320% overnight and why it isn't done yet!
I don't think Kraken was the reason for the pump - I think there are a lot more factors at play, but I agree US investors who didn't want to touch the ICO are likely a major component of that.
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adamscochran
eos
2017-07-05 11:52
RE: A Primer on EOS, why it grew 320% overnight and why it isn't done yet!
Yeah so basically the tokens they issue will all get to vote on July 4th 2018 to try and form a formal blockchain. If it implements the guidelines of the EOS.IO system it will create a public blockchain
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adamscochran
eos
2017-07-04 16:26
RE: Here's what caused the EOS crash last night
Absolutely - I think the long ICO will cause some investment fatigue, but if they deliver the product and get the full EOS blockchain operational it will be a major win.
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adamscochran
eos
2017-07-04 13:19
RE: Here's what caused the EOS crash last night
It's primarily an issue of consolidation right now. Given so many users in China are arbitraging other markets if 95% of their holdings are in Yunbi and 5% are in another market, if Yunbi crashes they
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adamscochran
siacoin
2017-07-04 12:38
RE: Should you invest in Sia Coin
I think so - I think SIA is limited to personal use hosting until it really proves itself in the market, because corporations are unlikely to willingly have their data distributed across other people's
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adamscochran
siacoin
2017-07-04 12:36
RE: Should you invest in Sia Coin
The security is interesting and I think the fact that the team is from MIT makes it interesting, but the security is also untested to a large degree. Businesses, governments and other large customers of
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adamscochran
siacoin
2017-07-04 12:21
RE: Should you invest in Sia Coin
I mined some SIA coin early on, but I decided not to invest further in SIA. Year over year data storage gets cheaper, so I'm not worried that the cost of data storage is something that will need a
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adamscochran
eos
2017-07-04 04:10
RE: Introduce a EOS token distribution tracker : eoschart.
Peter - do you have a link to the tool?
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adamscochran
cryptocurrency
2017-07-04 03:19
RE: EOS Hype Dying, Get Out Of EOS Before It Crashes! Heres Why.
I think this is expected movement - I wrote about it here: To add to the daily trends there has also been issues with the MetaMask system for the ICO meaning most people weren't able to contribute to the
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adamscochran
eos
2017-07-04 03:06
RE: eos tokens price starts dropping from last 15 hours.
Issues with the ICO and the fact that YUNBI (the Chinese exchange that has 85% of the market traded there) is down right now are causing this. You'll also see there is a daily trend dip so I expect it
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adamscochran
eos
2017-07-04 03:05
RE: EOS Is the hype justified?
If EOS ends up getting delivered then it will undoubtedly be the best thing to happen to Blockchain technology as it will cause big brands like Visa and IBM, who are investing heavily in the Blockchain,
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adamscochran
eos
2017-07-04 01:52
RE: UPDATE! EOS Short term PRICE PREDICTION July 3rd 2017
I agree with you - looks like it should follow the same trend today. I've been doing some detailed analysis the past few days you can check out my post: Have you done a review of Coinigy - I've not heard
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adamscochran
litecoin
2017-07-03 19:36
RE: Litecoin isn't done yet! Better than Bitcoin
I think Litecoin is a sleeping giant with a ton of potential. Charlie Lee is a brilliant engineer and is now back putting his full time focus on the coin. It's faster for transactions and has a strong
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