Why is EOS pumping? 10 STEEM bounty by knircky

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· @knircky ·
$32.54
Why is EOS pumping? 10 STEEM bounty
![2791E28D-53FB-4575-B487-F134F9D67A0B.jpeg](https://steemitimages.com/DQmcdw7hj5M5p2KqrVfKPzKScmvkHazuNYTQN5VB2JAnSNX/2791E28D-53FB-4575-B487-F134F9D67A0B.jpeg)

EOS has been very strong in the recent bear market, but today it is pumping hard.

I have been looking for reasons but could not find any, so I am asking you: what is the reason EOS is pumping so hard?
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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@steem-bounty ·
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A bounty of 10.000 STEEM has been set on this post by @knircky! You can read how they work [here](https://steemit.com/bounty/@steem-bounty/how-to-create-a-bounty).
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@tastetwist · (edited)
...my account was hacked last night and the bot created a phishing site link here in the comments from my account ... the link is now removed... Today I got my account back..  sorry about that :(  :(  :( thanks.
πŸ‘Ž  
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@theaustrianguy · (edited)
$0.96
*EDIT: Added some links to the posts I have read!*
***
__Three positive things I have heard about EOS in the last days:__

1. release of EOSIO Dawn 3.0 which makes it far better scalable ([EOSIO Dawn 3.0 Now Available](https://steemit.com/eos/@dan/eosio-dawn-3-0-now-available))
2. news that EOS-community is by far the most active on Github compared to other blockchains ([If GitHub activity is a measure of future value, EOS is flogging the rest of the pack.](https://steemit.com/blockchain/@drwom/if-github-activity-is-a-measure-of-future-value-eos-is-flogging-the-reset-of-the-pack))
3. Announcements of ONO, a new social network from China that will launch on EOS. ([ONO White Paper: A Social Network Launching on EOS](https://steemit.com/ono/@onosocial/ono-white-paper-a-social-network-launching-on-eos))

That's what I have heard, no gurantee any of that is "the" or even "a" reason ;) However to a EOS-noob like me it seems there have been some positive news and no negative ones!

Greets and have a nice day :)
πŸ‘  , ,
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@steem-bounty ·
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Congratulations! Your submission earned you 0.483 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.483 STEEM from the community!
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@oredebby ·
Wow... Well I guess its because thats the latest and fastest moving crypto on the blockchain... And they want many people to dive into it before its too late. 
#my thoughts though
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@scaredycatguide ·
$0.16
It's becuase of the eosDAC airdrop coming on the 15th.
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@abbak7 · (edited)
I was gonna  say the same, but you said it... It's the airdrop, so far means shit, will see later if it was worth  it... It's all a gamble, even more childish then a bitcoin HF...
πŸ‘  
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@scaredycatguide ·
$0.14
Yup, that is why we buy the rumor and sell the news.  Ride the wave and sell before the snapshot, unless someone really wants the new tokens.
πŸ‘  ,
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@steem-bounty ·
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Congratulations! Your submission earned you 0.081 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.081 STEEM from the community!
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@a000 ·
Thank you so much brother @knicky. I think it is most valuable in future.Now i am so happy to see EOS possition.Thanks for shareing...
πŸ‘  
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@steem-bounty ·
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@betterthanhome ·
I guess itΒ΄s like always depending on a few reasons and not only one. One might be the eosDAC Airdrop which will occur on the 15th as far as I know. 

It even gained more since they pushed Litecoin from the 5th Rank on CMC.
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@rjunaid12 ·
There may be a few reasons
* Antpool (Bitmain) is the one doing the pumping
* EOS dac Airdrop 
* Dawn 3.0 release
πŸ‘  
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@steem-bounty ·
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Congratulations! Your submission earned you 0.007 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.007 STEEM from the community!
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@obaidb2 ·
* ### UpCoin Listing
UpCoin is a lovely wellknown cryptocurrency trade and on 10th April i.E. The previous day, they announced that they're going to record EOS. They tweeted, "comfortable to announce listing of $EOS & $TRX! Welcome to the #UPcoin_Exchange #UPcoin extra to return!"

As now we have noted time and time again, getting listed on a popular alternate does wonders for a crypto's value.

* ### EOS Airdrop aid

more than one excessive-value exchanges have elevated their support to the eosDAC airdrop. Exchanges like OKEx, Bithumb, and UpBit have announced that they're going to be helping the airdrop.

* ### March toward Mainnet

On April sixth EOS announced the release of their EOSIO dawn three.Zero. The mainnet variation is scheduled for liberate on June third 2018. Possibly this constant march toward mainnet is attracting more and more traders on their facet.

* ### EOS vs Ethereum

news got here out that the EOS is allegedly selling its Ethereum proceeds on the open market, depreciating the ETH rate. Plus, on prime of that, over the last 24 hours, some of the more preferred articles on EOS have been "Ethereum vs EOS" pieces. 

One of the most possible motives why these articles are immediately trendy is when you consider that of investor interest. As more and more competencies investors get into EOS, they'd wish to know how it compares to anything that they're all accustomed to i.E. Ethereum.
πŸ‘  
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@steem-bounty ·
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Congratulations! Your submission earned you 0.007 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.007 STEEM from the community!
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@riovanes ·
$0.02
I'm not 100% sure if this news is reliable, but according to one online article the South Koreans seems to be  determined to pump the price of EOS.  Here is the link to the article if you are interested. https://www.google.com.sg/amp/s/themerkle.com/eos-price-surpasses-6-again-amid-mini-bull-rush/amp/  
The article is six days old but I think it's still relevant to the bullish pump EOS is having. I Hope it helps.
πŸ‘  
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@moniristi ·
Steem crashing, EOS pumping.
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@theaustrianguy ·
$0.10
![Bildschirmfoto 2018-04-12 um 08.29.57.png](https://steemitimages.com/DQmdCwRStmoZyTM9oY7kvvXpyUBmiU2KpiKmWXNx6C63WSU/Bildschirmfoto%202018-04-12%20um%2008.29.57.png)

I hope we have a crash like this every day...
πŸ‘  ,
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vote details (2)
@moniristi ·
Yes @theaustrianguy  you are right. We have a crash like every day
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@knircky ·
$0.05
Steem is pumping today. Nice!
πŸ‘  
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vote details (1)
@drpuffnstuff ·
The upcoming EOSDAO airdrop I feel like is most responsible. Though the majority of volume is from South Korea.

I say timing is lining up nicely for EOS release. Its coming soon and the price will build up as we approach that. There are also airdrops coming in between now and then.

Today also marked the first day of the Hackathon they are hosting.

Its hard for me to pick the exact reason. It must be the accumulation of various good news. Dawn 3.0. The hackathon. Airdrops. The blockchain release approaching.
πŸ‘  
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@steem-bounty ·
re-knircky-why-is-eos-pumping-10-steem-bounty-20180419t052245239z
Congratulations! Your submission earned you 0.007 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.007 STEEM from the community!
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@masterthematrix ·
I agree as well with the EOS-DAC Airdrop on the 15. Check out my latest post about the three important EOS Airdrops until 1. june.
https://steemit.com/bitcoin/@masterthematrix/three-important-airdrops-to-eos-tokenholders-that-you-should-be-aware-of
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@gduran ·
- eosDAC airdrop
- Upcoin Exchange listing EOS
- Investors trying to determine if EOS is a valid Ethereum competitor.

Also I think a major reason is investors are really seeing value in EOS.
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@reseller · (edited)
I see I was late to the party lol. 
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@hasiburrahman ·
Really great to see this article.I think nest time it running Increasing.!!
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@slavix · (edited)
It is time for EOS take off. Only 51 days to launch of main net.
https://eoscountdown.com/
This is just getting started :)
https://steemitimages.com/0x0/https://viralchop.com/wp-content/uploads/2017/12/eos-crypto-moon-1.gif
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@selina2 ·
realy great post.thanks for share.good job.
πŸ‘  
πŸ‘Ž  
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vote details (2)
@cryptotem · (edited)
$0.85
Personally I think the main reasons are:
* The **market is looking** for coins/projects that have relevant news. EOS has had the **Dawn 3.0 update** and people find it good enough of a reason to pump it.
* Anticipation of **mainnet launch** in June.
* **EOSDac airdrop snapshot** will take place on the 15th of April. Somehow these airdrops always disproportionally drive prices up temporarily.
* Other potential reasons but **probably not significant** are the Upcoin exchange listing, recent comparisons between EOS and Ethereum Github etc.

I expect quite a **big drop** after the 15th of April though, and definitely a big drop after mainnet launch. This project is valued disproportionally to similar others if you ask me. It is a good project, but not that good. It takes years to build a good ecosystem around a project for instance and I don't hear much about that.
πŸ‘  ,
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vote details (2)
@theaustrianguy ·
$0.03
Upvoting your own comment on a Post with a @steem-bounty is not nice my friend :P
πŸ‘  
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@cryptotem ·
$0.13
You are totally right, let's delete that vote :-)
πŸ‘  
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@dhimmel ·
$0.72
Seems like a problem with @steem-bounty rather than the user? Perhaps @steem-bounty should ignore self-upvotes?
πŸ‘  
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@knircky ·
$0.21
Mhhh, I love ur sentiment. I’ve been thinking a lot when to get in. I own way too little eos.
πŸ‘  , ,
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vote details (3)
@steem-bounty ·
re-knircky-why-is-eos-pumping-10-steem-bounty-20180419t052415267z
Congratulations! Your submission earned you 0.426 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.426 STEEM from the community!
πŸ‘  
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@jwolf ·
Yes, it's because of the airdrop. Also they are very active on their twitter and each news can pump eos hard.
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@arcange ·
WARNING - The message you received from @tastetwist is a CONFIRMED SCAM!
DO NOT FOLLOW any instruction and DO NOT CLICK on any link in the comment!
For more information, read this post: https://steemit.com/steemit/@arcange/phishing-site-reported-autosteem-dot-info
Please consider to upvote this warning or to [vote for my witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=arcange&approve=1) if you find my work to protect you and the platform valuable. Your support is really appreciated!
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@freiheit50 ·
$0.09
* Technical reasons, see https://steemit.com/eos/@onetin84/eos-dawn-3-0-vorabversion-mit-kompletten-funktionen-verfuegbar-weniger-versprechen-mehr-liefern
* more demand than supply
* to make me happy
* my grandma bought some EOS a few days ago
πŸ‘  ,
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@stoecklin ·
I wish your grandmother good luck.
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@knircky ·
$0.05
Lolz me too
πŸ‘  
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@viraldrome ·
Maybe George Soros just bought a bunch
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@andriustovis ·
It have seen this upside 3 days ago when posted update on EOS :) https://steemit.com/cryptocurrency/@andriustovis/eos-update-still-in-correction-but-look-for-buy-opportunities-at-5-0-4-5usd
I was wrong only for expected sharp short term plunge, instead it just went up without it:
![](https://steemitimages.com/DQmQs2vxHNGxzyLqBv9QhnQ8q7ckNZ7VDhaxdrUaH5Gxkqj/image.png)
![](https://steemitimages.com/DQmcKT9yYbihHqSyh4tM3bWYEEDBsYoSYB3JZ3htB5xZZry/image.png)
If the chart structure says it has to go one or another way, usually we get some news, that gives that momentum :)
πŸ‘  
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@steem-bounty ·
re-knircky-why-is-eos-pumping-10-steem-bounty-20180419t052451226z
Congratulations! Your submission earned you 0.001 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.001 STEEM from the community!
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@alexandraioana26 ·
Good question. I am looking for the answer too! I will check also your comments. thanks @knircky
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@lordoftruth ·
After days of consolidation EOS/USD test above the 61% Fibonacci retracement level of $7.4, as well as the lower band of the daily Ichimoku cloud.  After the pull back we might see $11.40!

The reason behind this specific surge in EOS/USD is not clear as of yet.
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@bubke ·
They opened up a website few days ago where block producer candidates could announce themselves and one of the biggest bitcoin miners came as a candidate
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@joythewanderer ·
I guess mainly due to the coming airdrop
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@kyusho ·
$0.86
Lets see...

* A great Lead Developer that is trusted and knows his stuff, with a history of successes.

* New information out not only on DAWN, but it's Interoperability.

* Release due in less than two months

* News of Airdrops is in the news (huge YouTube) exposure

* And many people missed the ETH train, they do not want to miss this one.

Just some of my thoughts.
πŸ‘  
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@steem-bounty ·
re-knircky-why-is-eos-pumping-10-steem-bounty-20180419t051727297z
Congratulations! Your submission earned you 0.431 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.431 STEEM from the community!
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@jiahua ·
eosDAC Airdrop
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@stoecklin ·
we beat him!![IMG_3020[1].PNG](https://steemitimages.com/DQmYfKrHxCGMqH2KKCu3wzgjuKGgKv4XpjfoBkt8WaVaWtv/IMG_3020%5B1%5D.PNG)
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@gamsam ·
$0.05
I believe it has everything to do with the EOSdac airdrop coming up on the 15th. I was planning on getting some EOS myself in waiting for the airdrop but somehow, i decided to wait for the 14th. Now I am wishing I had earlier.
πŸ‘  ,
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@steem-bounty ·
re-knircky-why-is-eos-pumping-10-steem-bounty-20180419t051803232z
Congratulations! Your submission earned you 0.025 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.025 STEEM from the community!
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@sajib7 ·
$0.94
There  are some reason behind this pumping. i think the most one is:
"It is Release due in less than two months."
most of trader look on the new items. thats it.
πŸ‘  ,
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@steem-bounty ·
re-knircky-why-is-eos-pumping-10-steem-bounty-20180419t051454900z
Congratulations! Your submission earned you 0.468 STEEM from this bounty. You have received 0.000 STEEM from the creator of the bounty and 0.468 STEEM from the community!
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@elleok ·
Just can't get that shady cowboy dude sitting in the skyscraper talking about EOS out of my mind. He always pops up when I read EOS 😂.

To your question: The main reason for it to spike is in my opinion first the general massive increase in the market we saw the last 2-3 days. Adding up to that are some good news and announcements (all of them already listed by other commentators) concerning EOS lately.
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@pqbd ·
My understanding is that EOS Mainnet launch is nearing, expected to happen in sometime next month.
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@uwelang ·
Most has been mentioned, EOS will for sure be successful based on many factors - this pump maybe because my spot about ONO to be launched on EOS - here you have the reason - can not guarantee a long-termed EOS success as of my post only :-).
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@accra ·
Eos os most likley pumping up for 2 reasons .

1. thecrypto market correction is ending.
2. Eos has a hige fanbase and it is becoming aware of the upcoming release of the actual network in june 2018.

Its all very excitimg and i hope EOS has its ethereum moment in june and we see a pump above $100
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@gotfri · (edited)
ONO is social network from China that will launch on EOS. China is the main engine.
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permlinkre-knircky-why-is-eos-pumping-10-steem-bounty-20180419t160855329z
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json_metadata"{"app": "steemit/0.1", "tags": ["eos"]}"
created2018-04-19 16:09:39
last_update2018-04-19 16:11:18
depth1
children0
net_rshares0
last_payout2018-04-26 16:09:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length83
author_reputation3,548,133,892
root_title"Why is EOS pumping? 10 STEEM bounty"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000