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RE: Market Slumping... what to buy?

in #bitcoin7 years ago (edited)

Fair point about exchanges @crypto-investor. To add to that I believe that Bitfinex (where EOS tokens were first listed and went through months of accumulation) has already hoarded a large balance of EOS tokens which I suspect they'll stake to become a block validator on the EOS blockchain once the network goes live. Being a validator is in their best interest since they've announced their intention to launch a EOS-based DEX.

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Yeah, one of my friends plans on doing EOS New York, I believe. It's a good business model because if they're selected to be a node by the EOS network then I believe it pays well. From what I know, initially EOS will have less than 100 approved nodes worldwide in terms of doing the main validation of blocks within seconds. Kind of like Steem's model.