That's one of the curious things about crypto to me. People seem to cling to what worked in the past, in a space that screams moving forward and advancing. Just look at bitcoin, is there anything Bitcoin can do that numerous other currencies can't? Its not usable for everyday transactions or small transactions. Even just moving your money to a more secure location is expensive. On top of all this it's slow. But yet it's still the most valuable and widespread cryptocurrency.
I'm concerned a similar scenario might unfold with EOS and Ethereum. It seems like EOS will be a superior product to Ethereum but if peope are already using Ethereum for tasks that would be better and easier on EOS they might just not want to switch. I hope that doesn't happen since cryptokitties really illuminated the shortfalls of Ethereum in my opinion but it's not always easy to convince people there is a better option.
Here's how the project looks so far:
| EOS Owned | Current Price |
|---|---|
| 31.26 | $9.76 |
| Investment | Current Value | Net Profit/Loss | Profit per Day |
|---|---|---|---|
| $367.75 | $305.10 | $-62.66 | $-1.84 |
We are slowly making our way back to the moon/Lambo city but it's going to be a long slow journey. Only down $1.84 per day, EOS is our second best performing hodl behind NEO. I'm very confident we will be in profit come the end of the year but right now we are just going to keep building up that stack and hodl, hodl, hodl.
I'm still taking suggestion for this weeks followers choice coin so let me know what coins you are hyped about!
