The much touted EOSIO Version 1.0 is going to be released in the next couple of days. From the biggest scam to the most revolutionary blockchain project of the century, there has been a lot of speculations going around this project since the beginning.
The week before it’s scheduled launch is also full of drama. With the Chinese FUD about the discovery of a critical security bug, and then followed by its actual fixing, to the $10,000 Bug Bounty Reward announcement; the excitement & drama around EOS never ceases to enliven me. To top it all, here comes a million dollar bet over EOS price:
Yes, it’s true. A Million Dollar Bet!
Yeah, you heard it right. I came across this million dollar bet between the CEO & Co-founder of ICO Alert Mr. Robert Finch (Rob) and Mr. Zach Quezada (Q), VP Business Development, ICO Alert. The bet is about price prediction for EOS. Q offers Rob a million dollar if EOS reaches 1000 USD price-point in this very year i.e. before 31st December, 2018. Rob is very confident that EOS will easily reach $1000 before the end of this year and commits to pay Q $1,000,000 if it fails.
Currently, EOS prices are hovering around $ 12. The year round ICO for EOS has seen a lot of fluctuations in its prices from a few cent to a $22 per EOS. But $1000 expectation is very ambitious. The “Will eat my dick on national TV” famed Mr. John McAfee had predicted only $32 by the end of July, 2018. But according to Rob, 6 months is an enough time to reach that appreciation level. He has some good reasons to believe in it. Check his video, where he explains why EOS will easily reach $1000 price this year:
Incidentally, Finch is also the CEO at CypherGlass – a Block Producer candidate for EOS. The million dollar bet has turned out to be a good promotional tool for this BP. However I ain’t sure whether it was intended as a bait or not, but its subject line has everything to get viral.
I feel Q is playing a pretty safe bet. In case, if EOS reaches $1000, he will only need to reserve 1000 EOS for it right now. I guess, this much he would easily like to stake. And if he has 10,000 EOS right now, he will be glad to give 1000 EOS to Rob and make 9 million dollars himself 😊
For Rob, I guess, he would get a good publicity with this video and it may help a lot of people (like me) voting him as their preferred BP. This may lead him to be in the top 21 BP. Top 21 BPs are guaranteed a minimum earning of 100 EOS per day. So as a top-21 block producer, he can make more than 20,000 EOS in 200 days. So even if EOS reaches $50, he can pay one million dollars he owes to Q.
And even if he doesn’t earn 1 million dollars, paying 1 million dollar is a far better bet than eating your dick on a national TV, IMHO. What do you guys think?