EOS: Forget About the Price, The Party is in RAM Speculation
Just weeks after the launch, the EOS market price has stalled - but there is another source of speculation. EOS is offering another source of speculation while the token’s market price is stagnant: buying and trading RAM. Just like the world of crypto coins, this market for digital real estate is making some rich, and some suddenly turn to the losing side. RAM is needed for #EOS account creation, allowing speculation on it cripples adoption. it's a death spiral. Over the weekend, the RAM market went wild once again, doubling the price from 0.2 to 0.2 EOS per Kb. The price of RAM, a feature not so popular among price speculators, can potentially affect the running of apps, but also the creation of new accounts. According to rumors, if the price of RAM rose really high, creating a new EOS account could be steep - up to $100. A couple of weeks ago, RAM prices stood only at 0.015 EOS per Kb. Just a few days ago, a new EOS account cost about $10, and with the curre