EOS
$5.78 -2.74%
EOS · 10w

ram speculators are giving up on ram price increase and shorting eos

Of course this is only speculation on my part, but i believe ram speculators are trying to reduce the price of eos so they can get out of their upside down ram bets. If the price of eos is cheaper then when they convert ram back to eos they will get more tokens with a cheaper eos price. I believe this is why you are seeing massive sell orders and price drops. It's pure manipulation. This will be temporary in my opinion. ram speculation has seen its day and several whales bought at .7. They will never get out whole unless the price of eos drops dramatically. edit: after debating with brent12345 i think my logic is wrong. At the end of the day ram is traded in eos, so, .5 eos is .5 eos regardless of the price. I haven't been wrong in a long time, if ever; ask my wife! : 0 but i'm wrong here.
Go to self.eos
Recent news
EOS -2.74% · newsbtc.com · Now

EOS Price Watch: Bulls Getting Back on Their Feet

EOS Price Key Highlights EOS price appears to be forming a double bottom on its 4-hour time frame, signaling that the downtrend may be over. Price has EOS price is showing some bullish hints with a ri...
EOS -2.74% · trybe.one · 5h

What is Bancor and why it's so important

As the crypto industry grows, more and more coins keep joining the market. Initially, a new project had to create and deploy its own blockchain to introduce a new coin, but as Ethereum appeared and in...
15
EOS -2.74% · trybe.one · 23h

In Defense of Speculation

Definitions Often in discussions with friends, family, and even in the mainstream media, we hear that speculation is an “unproductive” endeavor, that those earning money through speculation are leechi...