You are viewing a single comment's thread from:

RE: EOS Token Sale – Why I’m Not Investing In It

in #eos7 years ago

Dan, As always I love your insight into the cryptomarkets. Some points I agree with and one I disagree with. I believe you are correct that the total market evaluation is too high. $1.7B is an insane entry point on speculation should all the coins continue to sell at the current rate. However, Can you teach faster if you have more money. No an individual can not, however you can hire others to reteach your knowledge. Like a train-the-trainer concept. I do agree with your overall view and therefore I will accept the token (as you mentioned not a true crypto) as bounty or gift but I will not be investing personal assets into EOS at this time.

-IceBurst

Sort:  

Thanks for the compliment @iceburst, I'm glad you find it useful :)
You have a valid point my friend. Sure, they can hire bigger team and train each other and bounce ideas and such and that's a great thing, but people have done that up til now with a lot less raised capital, and I don't see why EOS need that much more capital than any other startup have ever needed.
The main thing I'm concerned about is the code writing. I'm not a programmer, but from what little I have learned about it, there is no immediate correlation between more money and writing the code faster or better.