Is it too late to buy NEO? - page 13.

Donaldturp

full member

Activity: 228

Merit: 100

Quote from: NathanJB on November 23, 2017, 06:05:45 PM

The price of NEO has more than doubled since this post was made. Right now, NEO is already sitting at a hefty value of $35.61. And this is already the price after a little dump that had been happening to the coin. NEO used to be around $46 in the past several days. This is the reason why I think it is not too late to buy NEO right now. This is coin moves a lot up and down the chart. I guess this low point will bounce back.

It's never lat for neo, but it's a pitty if you missed old cheap prices. It was around $20 some time ago and it was a buy point for neo in order to become a holder in this project. They can get an important share from chinese ico market, if they do, the price will boom a lot!

Delicat

full member

Activity: 140

Merit: 100

although i think the recent announcement is a mess, but it will rise in USD in the long term as the community is quite strong.

NathanJB

sr. member

Activity: 756

Merit: 251

The price of NEO has more than doubled since this post was made. Right now, NEO is already sitting at a hefty value of $35.61. And this is already the price after a little dump that had been happening to the coin. NEO used to be around $46 in the past several days. This is the reason why I think it is not too late to buy NEO right now. This is coin moves a lot up and down the chart. I guess this low point will bounce back.

Filmmmakerr

sr. member

Activity: 518

Merit: 251

Hello. Bye.

I hope that NEO drops to $15 so I can buy more, I missed a dip last time I was away from the computer Embarrassed

DonDasho

newbie

Activity: 5

Merit: 0

dont underestomate the chinese!

schrodingersbitcoin

member

Activity: 121

Merit: 10

Quote from: Femhab on October 13, 2017, 03:24:38 PM

The new 15M NEO drop will affect the price definitely but not to the extent of the price dumping to $10/$15. NEO will pump once China enters market again.

NEO is a long term project, the speculative price is yet to be reached.

Hope it will not affect too much..I know it will cause a bit down for price.

rodalutor

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Activity: 364

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Quote from: BHTeam on October 13, 2017, 04:04:43 PM

well the boom and the bang and mooning of NEO for now is over. You have to wait an year or so for it to happen again.

Why one year for it to moon again? Is there reasoning behind this or just a random arbitrary amount of time you plucked from thin air? Neo is likely to pump on any good news regarding China and their stance to ICOs, this could be next week, next year or never.

MiBambino

sr. member

Activity: 644

Merit: 252

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Quote from: ?? on ??

Quote from: Cicada1033 on October 13, 2017, 03:14:12 PM

Quote from: ?? on ??

NEO apocalypse in few days Wink

Whit new 15M NEO drop to 10-15$

You sould read this article: https://www.reddit.com/r/NEO/comments/75edgr/neo_inflation_schedule/

So basicly there are 50M NEOs in circulation right now and 50M NEOs in a lockup account. 16.10.2017 is the date on which the NEO coucil can use up to 15M NEO from the lockup account to spend them over the period of one year for the following operations:

   - motivate NEO developers and members of the NEO Council
   - motivate developers in the NEO ecosystem
   - cross-invest in other block-chain projects, which are owned by the NEO Council and are used only for NEO projects
   - being retained as contingency


So the annual use of NEO in principle shall not exceed 15 million tokens. What will most likely happen is a slow release into the circualtion market causing an inflation of maximum 30% in the first year. Remember other coins have inflation by principle too (BTC - 4,1%, ETH - 15,1%). All 50M NEOs in the lockup account will be released over the timespan of 5 years resualitng a 15,2% inflation. After this 5 years the NEO supply is capped at 100M so from there on the inflation will be 0%.

So I hope this clears up the FUD. There won't be 15M NEOs released over night. Also the released NEOs will be used to fund the development of the platform and to make it stay ahead of competitors. Isn't that actually great?

Whatever,15M neos is half billion dolars...10-15$ is 60-70%

It's half a billion over 1 year, which is probably less than what will flow back into neo after china releases some good news, which will happen within the next weeks/months

BHTeam

full member

Activity: 336

Merit: 100

https://www.crypto-coinz.net

well the boom and the bang and mooning of NEO for now is over. You have to wait an year or so for it to happen again.

BadVlad

newbie

Activity: 14

Merit: 0

Quote from: hands0me on October 13, 2017, 04:05:29 AM

Quote from: thegamekind on October 13, 2017, 03:48:11 AM

fall down 5%. is this correction? or because bitcoin effect

dont worry. price will go up again and reach 50$ soon.

I've invested a bit in NEO today now the price is lower. Hodling it for the long term.

Femhab

full member

Activity: 238

Merit: 100

The new 15M NEO drop will affect the price definitely but not to the extent of the price dumping to $10/$15. NEO will pump once China enters market again.

NEO is a long term project, the speculative price is yet to be reached.

Cicada1033

full member

Activity: 168

Merit: 100

Quote from: ?? on ??

NEO apocalypse in few days Wink

Whit new 15M NEO drop to 10-15$

You sould read this article: https://www.reddit.com/r/NEO/comments/75edgr/neo_inflation_schedule/

So basicly there are 50M NEOs in circulation right now and 50M NEOs in a lockup account. 16.10.2017 is the date on which the NEO coucil can use up to 15M NEO from the lockup account to spend them over the period of one year for the following operations:

   - motivate NEO developers and members of the NEO Council
   - motivate developers in the NEO ecosystem
   - cross-invest in other block-chain projects, which are owned by the NEO Council and are used only for NEO projects
   - being retained as contingency


So the annual use of NEO in principle shall not exceed 15 million tokens. What will most likely happen is a slow release into the circualtion market causing an inflation of maximum 30% in the first year. Remember other coins have inflation by principle too (BTC - 4,1%, ETH - 15,1%). All 50M NEOs in the lockup account will be released over the timespan of 5 years resualitng a 15,2% inflation. After this 5 years the NEO supply is capped at 100M so from there on the inflation will be 0%.

So I hope this clears up the FUD. There won't be 15M NEOs released over night. Also the released NEOs will be used to fund the development of the platform and to make it stay ahead of competitors. Isn't that actually great?

burdeN

sr. member

Activity: 364

Merit: 255

Quote from: ?? on ??

NEO apocalypse in few days Wink

Whit new 15M NEO drop to 10-15$

why? what is the reason for that?

EL-NIDO

full member

Activity: 629

Merit: 108

Quote from: ?? on ??

NEO apocalypse in few days Wink

Whit new 15M NEO drop to 10-15$

This 15 million of NEO won't affect much the price because it will not enter the exchanges and is only for long-term support of NEO projects.

Kevin77

legendary

Activity: 1652

Merit: 1057

Quote from: intrader on October 10, 2017, 07:14:25 AM

Wait and see as the current price is very high

It is very cheap right now. It even started its own huge drop before the altcoin dumps which has affected it a little too.

It still seems a promising coin though as I have the feelings that once china gets back, it might pick up pretty fast since it is a project that they may want to start making use of and seems to have some advantage and connections,

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

The price of NEO is currently below $30 which is much cheaper than last week that its almost $40. Now is definitely a good time to buy NEO but that is if you are not waiting for BTC to rise up again up to $6K. When the price of B TC dips again, you will see NEO's price go up too.

Jack2512

newbie

Activity: 55

Merit: 0

Neo is one of the fews sensible alt-coin at the moment. Because the gas reward is good and sustainable for a long project.

hands0me

member

Activity: 70

Merit: 10

Quote from: thegamekind on October 13, 2017, 03:48:11 AM

fall down 5%. is this correction? or because bitcoin effect

dont worry. price will go up again and reach 50$ soon.

thegamekind

member

Activity: 72

Merit: 10

fall down 5%. is this correction? or because bitcoin effect

PizzaBTC

sr. member

Activity: 555

Merit: 252

Quote from: intrader on October 10, 2017, 07:14:25 AM

Wait and see as the current price is very high

Oh wow it is so nice to see the crypto world increasing. That is so monumental for all of us who are somehow connected with this world. Actually all these coins are interconnected on the basis of profits. Like you can see the price of bitcoins and other altcoins are reciprocal. So yeah it not good time for buying NEO right now, just wait for a better time that suits.

Topic: Is it too late to buy NEO? - page 13. (Read 66708 times)