{"id":385176,"date":"2019-06-06T06:25:12","date_gmt":"2019-06-06T06:25:12","guid":{"rendered":"https:\/\/ktsl888.com\/?p=385176"},"modified":"2019-06-06T06:52:47","modified_gmt":"2019-06-06T06:52:47","slug":"eos-collapse-even-with-plans-of-voice-and-coinbase-rewards","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/","title":{"rendered":"EOS Collapses in Spite of Coinbase Earn and Voice Announcements"},"content":{"rendered":"<ul>\n<li><em>EOS is under pressure and reacting from $9.5<\/em><\/li>\n<li><em>Block One readies for Voice<\/em><\/li>\n<\/ul>\n<p><em>As Facebook consults with the US CFTC, Block One plans to launch Voice. It is a social media platform where users won\u2019t be products. Perhaps that will help steady EOS, which is down 20.5 percent week-to-date.<\/em><\/p>\n<h2>EOS Price Analysis<\/h2>\n<h3>Fundamentals<\/h3>\n<p>The ultimate quest for every blockchain project is to launch a useful platform. As the sphere matures, some projects are ambitious. Block One, the builder of the EOSIO platform, is a fitting example.<\/p>\n<p>Not only did they decide to introduce a consensus algorithm with new concepts like voting and <a href=\"https:\/\/ktsl888.com\/2016\/01\/17\/circle-founder-governance-is-more-difficult-as-bitcoin-matures\/\" target=\"_blank\" rel=\"noopener noreferrer \">governance<\/a>, but the power wielded by the 21 <a href=\"https:\/\/ktsl888.com\/newsbtc_video\/eos-revists-key-support-as-its-block-producers-crash\/\" target=\"_blank\" rel=\"noopener noreferrer \">Block Producers<\/a> is often a trigger for debate. It\u2019s a weak point where critics dig at, talking of centralization.<\/p>\n<p>All the same, what EOS introduces is a <a href=\"https:\/\/ktsl888.com\/2019\/03\/20\/wheres-ethereum-2-0-at-vitalik-buterin-gives-a-much-needed-update\/\" target=\"_blank\" rel=\"noopener noreferrer \">scalable<\/a>, fast and reliable network from where projects can satisfactorily launch their dApps. Together with Tron, which is another network with a similar consensus algorithm, the two dominate by the number of supported dApps. Besides, they are highly ranked by <a href=\"https:\/\/ktsl888.com\/2019\/02\/27\/tron-trx-ranked-second-in-last-ccid-rankings-will-price-follow-suit\/\">Chinese CCID<\/a>.<\/p>\n<p>Nonetheless, <a href=\"https:\/\/ktsl888.com\/2019\/06\/01\/bloomberg-block-one-eos-crypto-social-network\/\" target=\"_blank\" rel=\"noopener noreferrer \">Block One<\/a> isn\u2019t settling. Their eyes are on creating a decentralized social media that will run from their scalable and high throughput network called Voice. Prioritizing users, CEO of Block One Brendan Blumer said Voice would not churn marketing data from their subscribers:<\/p>\n<blockquote><p>\u201cOur content. Our data. Our attention. These are all incredibly valuable things. But right now, it\u2019s the platform, not the user that reaps the reward. By design, they run by auctioning our information to advertisers, pocketing the profit, and flooding our feeds with hidden agendas dictated by the highest bidder. Voice changes that.\u201d<\/p><\/blockquote>\n<h3>Candlestick Arrangements<\/h3>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-385177\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/EOS-Daily-Chart-June-6.png?resize=1366%2C768\" alt=\"EOS\" width=\"1366\" height=\"768\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/EOS-Daily-Chart-June-6.png?w=1366 1366w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/EOS-Daily-Chart-June-6.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/EOS-Daily-Chart-June-6.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/EOS-Daily-Chart-June-6.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/EOS-Daily-Chart-June-6.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/EOS-Daily-Chart-June-6.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>At fifth, EOS is changing hands at $6.36 at the time of writing. Stable and up 1.9 percent in 24 hours, the coin is also the biggest loser from last week\u2019s close, falling 19.8 percent. Even though buyers are in control, bears have the upper hand from a top-down approach.<\/p>\n<p>Note that EOS slid by more than 90 percent before bottoming up and finding resistance at around $9.5. The level is the 61.8 percent Fibonacci from the coin all-time trade range. Moving on, for trend continuation, it is imperative that prices close above the $9.5 level.<\/p>\n<p>Accompanying this rally should be high trading volumes that will be the necessary impetus for traders aiming at $12. If not, and EOS tumble below the main support trend line and $6, resulting selloff could see prices slide to $3.5.<\/p>\n<h2>Technical Indicator<\/h2>\n<p>As aforementioned, EOS bulls are in control and May 27th bull candlestick anchors this trade plan. It has high trading volumes of 10 million. As such, any close below $9.5 or drop below $6 ought to be with high participation preferably exceeding 10 million.<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/\" rel=\"nofollow\"><strong><em>Chart<\/em><\/strong><\/a><strong><em> courtesy of Trading View. Image Courtesy of Shutterstock<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EOS is under pressure and reacting from $9.5 Block One readies for Voice As Facebook consults with the US CFTC, Block One plans to launch Voice. It is a social media platform where users won\u2019t be products. Perhaps that will help steady EOS, which is down 20.5 percent week-to-date. EOS Price Analysis Fundamentals The ultimate quest for every blockchain project is to launch a useful platform. As the sphere matures, some projects are ambitious. Block One, the builder of the EOSIO platform, is a fitting example. Not only did they decide to introduce a consensus algorithm with new concepts like voting and governance, but the power wielded by the 21 Block Producers is often a trigger for debate. It\u2019s a weak point where critics dig at, talking of centralization. All the same, what EOS introduces is a scalable, fast and reliable network from where projects can satisfactorily launch their dApps. Together with Tron, which is another network with a similar consensus algorithm, the two dominate by the number of supported dApps. Besides, they are highly ranked by Chinese CCID. Nonetheless, Block One isn\u2019t settling. Their eyes are on creating a decentralized social media that will run from their scalable and high throughput network called Voice. Prioritizing users, CEO of Block One Brendan Blumer said Voice would not churn marketing data from their subscribers: \u201cOur content. Our data. Our attention. These are all incredibly valuable things. But right now, it\u2019s the platform, not the user that reaps the reward. By design, they run by auctioning our information to advertisers, pocketing the profit, and flooding our feeds with hidden agendas dictated by the highest bidder. Voice changes that.\u201d Candlestick Arrangements At fifth, EOS is changing hands at $6.36 at the time of writing. Stable and up 1.9 percent in 24 hours, the coin is also the biggest loser from last week\u2019s close, falling 19.8 percent. Even though buyers are in control, bears have the upper hand from a top-down approach. Note that EOS slid by more than 90 percent before bottoming up and finding resistance at around $9.5. The level is the 61.8 percent Fibonacci from the coin all-time trade range. Moving on, for trend continuation, it is imperative that prices close above the $9.5 level. Accompanying this rally should be high trading volumes that will be the necessary impetus for traders aiming at $12. If not, and EOS tumble below the main support trend line and $6, resulting selloff could see prices slide to $3.5. Technical Indicator As aforementioned, EOS bulls are in control and May 27th bull candlestick anchors this trade plan. It has high trading volumes of 10 million. As such, any close below $9.5 or drop below $6 ought to be with high participation preferably exceeding 10 million. Chart courtesy of Trading View. Image Courtesy of Shutterstock<\/p>\n","protected":false},"author":384,"featured_media":347589,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16892],"tags":[10599,15545,10598],"class_list":["post-385176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eos","tag-block-one","tag-brendan-blumer","tag-eos"],"acf":[],"yoast_head":"\n<title>EOS Collapse Even with Plans of Voice and Coinbase Rewards<\/title>\n<meta name=\"description\" content=\"Brendan Blumer, the CEO of Block.One, the creators of EOS, is confident. 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His team plans to launch Voice, days after Coinbase&#039;s Reward programs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-06T06:25:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-06T06:52:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-alts4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dalmas Ngetich\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Dalmas_Ngetich\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dalmas Ngetich\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/\"},\"author\":{\"name\":\"Dalmas Ngetich\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586\"},\"headline\":\"EOS Collapses in Spite of Coinbase Earn and Voice Announcements\",\"datePublished\":\"2019-06-06T06:25:12+00:00\",\"dateModified\":\"2019-06-06T06:52:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/\"},\"wordCount\":466,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-alts4.jpg?fit=1200%2C600\",\"keywords\":[\"block.one\",\"brendan blumer\",\"eos\"],\"articleSection\":[\"EOS\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/\",\"url\":\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/\",\"name\":\"EOS Collapse Even with Plans of Voice and Coinbase Rewards\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/eos\/eos-collapse-even-with-plans-of-voice-and-coinbase-rewards\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-alts4.jpg?fit=1200%2C600\",\"datePublished\":\"2019-06-06T06:25:12+00:00\",\"dateModified\":\"2019-06-06T06:52:47+00:00\",\"description\":\"Brendan Blumer, the CEO of Block.One, the creators of EOS, is confident. 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His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. 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