Measuring fib extension of Ethereum in 2017 gives a really nice price map, with many interactions at key fib levels.
This is a 'grand fib' - it is simply the Fibonacci sequence integers.
As they have such similar charts, I am seeing whether or not EOS will have similar interactions with these key fib levels.
A note to those who say "Oh buy EOS has 10x the supply of ETH!" - The crypto market cap when ETH hit $300 was only $100bn. The crypto market cap when EOS hits $300 more likely to be $1tn.
There is 10x the supply, but there is also likely to be 10x the amount of money in crypto.
This is a 'grand fib' - it is simply the Fibonacci sequence integers.
As they have such similar charts, I am seeing whether or not EOS will have similar interactions with these key fib levels.
A note to those who say "Oh buy EOS has 10x the supply of ETH!" - The crypto market cap when ETH hit $300 was only $100bn. The crypto market cap when EOS hits $300 more likely to be $1tn.
There is 10x the supply, but there is also likely to be 10x the amount of money in crypto.
