Many may not be surprised by this news, or do not understand the dimension, but it has been announced that Bitfinex.com will accept EOS exchanges from July 1st. Recall that Bitfinex is one of the most recognized exchange worldwide and handle volumes of money up to 100 million dollars. On the other hand, EOS is a cryptocurrency that was announced this year and only 5 days ago began its ICO (sale of coins and distribution). Do you notice the contrast between these 2 things?
What is behind all this?
As I mentioned in an old post, EOS is being created by the same creator of Steemit and Bitshares which gives it great recognition and weight within the community. On the other hand, its approach of EOS consists of a platform similar to Ethereum that allows to run decentralized applications but in this case without any cost (ethereum needs gas) and at the same time it raises an environment of development of apps with more structured functions that allows to design and program in a more agile way.
What will happen tomorrow?
Tomorrow, Saturday, July 1 at 13:00 UTC, the EOS market will open in bitfinex. At that time the currency will appear on different websites such as coinmarketcap.com and coincap.io. This will provoke an euphoria between the community that is just finding out and the price will start to rise. Once you have a significant raise, EOS holders will see your profits and sell more. This will cause the price to fall and start to stabilize at a value. Recall that the same thing happened with IOTA when he suddenly appeared in sixth place and the news spread all over.
What position will EOS have in the market?
At this time the EOS ICO has collected 331284 Ethers, which have been close to 100 million dollars at the current price, a huge amount of money for only 4 days. These numbers would position him today in position 45 just below PIVX. However, it is almost certain that once there is more diffusion and people see that it is backed by exchanges like Bitfinex its market will shoot even more and for this reason could be to be within the top 10!!.
My recommendation is to buy today, that is in the "45th position" and tomorrow when it appears in the different market capitalization indicators wait until you reach a good position and then sell!! You have the advantage of having received the news before the others.How can I buy today?
You need to pay in Ethers. You can go to his page in eos.io and follow the instructions. The details about the price of each token I explain in this post.