Bought 25 Steem and powered up on Steem powerup day (June 1st). Sold $10 EOS that I got free from Coinbase.
EOS is released on Coinbase. Also, people with coinbase account can earn $10 in EOS. @block.one has also released the name of their social media DApp which is "voice" rather than "meos". They have not released the DApp but only announced the name.
As I have predicted that EOS's price will decline after the news released. It is down 80 cents from peak of $8.5. Also, my friend has sold 950 EOS at $8.5 based on the pump.
Thanks to EOS earn program, I got $10 in EOS which I dumped immediately on @binance-hot to buy around 25 Steem to powerup on Steem powerup day.
Now what will be move for EOS. Most probably it will go further down to $6 and settle if BTC stays above $8K. Hopefully, Steem will breadth some relief from EOS attackers. Funnily, Steemit was mentioned in a Bloomberg article on EOS. The paragraph was Steemit's firing 70% employees.
@block.one again proved its superiority in marketing and funding achievement. It has $3B war chest to fight DApp market. It has become an elite and centralized entity, it has become Facebook of blockchain.
On the other hand, STINC's poor leadership has costed its marketcap and ranking to the bottom. The good side effect of it, it has become a community coin and decentralized chain. Most of the progress are made by the community. With SPS update, developments of protocol will be decentralized too.
Hopefully, Steem will be released from EOS's shackle and breadth free now. I can see a positive correction for Steem in June. Hopefully, it will return to rank 50 within this month. If STINC can release SMT by Q3 and can add Steem to @coinbase, Steem can come back to 25-30 rank in near future.
Happy steem powerup day!
Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.
Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.
Thanks for reading.
@riseofth
Cryptominer since 2013, occasional trader and tech blogger
Coinbase adding EOS is great as the concern of them dealing with DPOS is a hurdle that is passed now. With MIRA making it cheaper, it can be a possibility of demand comes to their attention.
Posted using Partiko iOS
Niiiice. We should make a rule for SPUD that you have to dump EOS on the same day 🤣
hahhah you are great bro i am also selling eos and powering up steem.. (i am eanring eos from dabble(dabble is eos dapp) )
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