EOS is said to be one of the most ambitious coin projects to date. They have launched mainnet ... and that has not been without some glitches, but I do think they've dealt with those rather well. The latest is the constitution, which allows for freezing of accounts by big players ... and a recent announcement by Dan Larimer seems to suggest they are dealing with that too ... it's good, they are listening and very agile to adjust.
That led to a healthy bounce in the face of a very bearish BTC.
So what could happen? I am of the opinion BTC will see a bottom soon (if not already) and will bounce.
That little rally we had yesterday is the proof I need that EOS is ready to rev up more ...
Assuming BTC does correct down in the next few days ... there could be a good buy opportunity in the $5.5 to $7 range, with highest probability being $6.5 to $7. If BTC goes for gold and rallies up, well then everyone will probably wish they picked up EOS now ... that's why I am accumulating some now, just in case. I see any further drops as opportunity to average my cost down.
Remember only a fool relies on one potential outcome.
Do not use this information for investment/financial decisions. For educational purposes only.