1 Billion total supply of Eos ... that is one factor working against it ...IMO price movement is limited
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1 Billion total supply of Eos ... that is one factor working against it ...IMO price movement is limited
Honestly when I see a total supply / authorized coins that large , I stay away .
Move onto the next crypto , so many why get stuck on one ?
No need to .
IMO that's a very simplistic way of looking at things ... even with a billion coins, if it matched ETH's cap fair price is in the mid $20s.
EOS is playing catch up now ..so to suggest eth market cap as par with eos now is not a good argument...good luck ..I'll be watching from the side for now
Simplistic ? No just reality ...name me one coin that has 1 BILLION in total supply / circulation that is over a $1.oo
The fact that most just look at price and don't consider other factors and call it Cheap is simplistic...other factors someone might consider....total supply of coins ..revs , profits ?
Name me one crypto that has 1,000,000,000 coins that is over a $1.oo
Once again good luck to you !
Yes simplistic, looking at a single fundamental in isolation is incredibly simplistic. Markets aren't that simple.