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Topic: NEO Price Crashed? - page 2. (Read 768 times)

sr. member
Activity: 475
Merit: 251
VTOS
November 21, 2017, 03:01:28 AM
#18
Chinese fake news affected neo price. Wise investors understood this and they took their chance to wait and dump right after. I think they are happily celebrating now with money they just made out of thin air.
full member
Activity: 294
Merit: 100
November 21, 2017, 03:00:21 AM
#17
NEO was centralised to begin with.
That's what gave hope to the fact that it might be used by Chinese govt. Because anything used by Chinese govt will have to be centralised.
member
Activity: 140
Merit: 12
Blockchain Identity Verification
November 21, 2017, 02:51:48 AM
#16
https://storeofvalue.github.io/posts/major-neo-redflags/
The following facts about neo make you think seriously about the significance of the project. I am the holder of Neo and I am concerned about these facts. I honestly do not understand how the neo's capitalization is higher than the Waves, while on neo only 1 ICO is done.
legendary
Activity: 1946
Merit: 1137
November 21, 2017, 02:07:43 AM
#15
whenever an altcoin price rises too fast and it reaches a much higher price compared to its previous (starting) price that means you should be expecting a dump pretty soon after the pump has ended. the higher it goes the harder it will fall because it will be a lot more tokens in hands of panic sellers who will dump on a thin market that will crash the price.

that is exactly what starts to happen to NEO. it was pumped and now the pump is coming to an end and market starts correcting itself pretty soon with big dumps beginning.
although sometimes there is a small trace-back when price goes down a little from a dump before continuing to get pumped but this doesn't see like one for NEO.
hero member
Activity: 630
Merit: 500
November 21, 2017, 01:28:17 AM
#14
Buy the Rumor and sell the news. The price went up on a false rumor after sitting at 30 for a long time. I sold at 40 and will rebuy in the 20's. Same old song and dance.

I always tell people that the difference between those making profit and loss in this space is application of knowledge, crypto is one of the best asset that feed most on rumour and you can be making a kill on trading it
full member
Activity: 1260
Merit: 102
November 21, 2017, 01:18:26 AM
#13
Well, there were rumours about neo and microsoft attachment.. i m not sure if they r true or false but there were these news and i think they caused it to jump high and then the bubble bursted and neo crashed.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 21, 2017, 01:11:56 AM
#12
What happened to NEO?

Is this the beginning of crash?

After breaking and creating a new high it suddenly falls into the floor how bad. There is no signs of recovery

I recently read an article of one guy on reddit that is mentioned by NEO itself, and he says that NEO is full of problems that could be hardly solved. They are centralized, they are not active on GitHub, they have fishy projects on their blockchain.

I'm not investing, cause it really looks weird.
really it is,another publicity for Neo so many users will be trapped and another victims of fake news is born.hope this will serve another lesson to the greed who always believe for quick income.lets remember that the profit must be earn by hard work.not just in a glimpse on an eye you will become richer.
member
Activity: 70
Merit: 10
November 21, 2017, 01:00:02 AM
#11
It was a buy the rumour sell the news pump, but I don't doubt NEO will continue to grow in the future.
newbie
Activity: 163
Merit: 0
November 21, 2017, 12:58:29 AM
#10
Honestly do not think NEO's price will be mooning anytime soon unless we get some good news from regulators.

This "crash" was caused by overhyped news. Same thing happened a while back with a similar announcement which led to nothing significant.
member
Activity: 214
Merit: 10
November 21, 2017, 12:47:27 AM
#9
NEO just teased some upcoming news the other day & hype went into overdrive about what it could be, to the point that when the news finally hit (announcement of a dev competition co-organized between NEO & Microsoft) people were pissed & felt lied to because they bought into the hype. This mornings 'crash' was just those who bought into the hype overreacting & selling off. The price already seems to be recovering a little & the long term prospects for NEO are still extremely bullish.
sr. member
Activity: 322
Merit: 250
November 21, 2017, 12:17:13 AM
#8
Buy the Rumor and sell the news. The price went up on a false rumor after sitting at 30 for a long time. I sold at 40 and will rebuy in the 20's. Same old song and dance.
sr. member
Activity: 687
Merit: 301
November 21, 2017, 12:00:28 AM
#7
Fake news got it pumped, I sold my Neo a bit too early but I can't complain. Profit = profit
Now just sit back and buy Neo at a lower price. A lot of alts have been pumping these two days and it seems the correction is coming. I almost feel sorry for the people who bought NEO at 42 dollars.
member
Activity: 123
Merit: 11
www.fintropy.io
November 20, 2017, 11:54:08 PM
#6
Neo not crash, some weak hand trader sell their Neo to buy Bitcoin for some reason and it soon go to moon. I will buy more Neo now  Wink
full member
Activity: 322
Merit: 100
November 20, 2017, 11:15:16 PM
#5
I think NEO has a good chance in the future, but I do not see if it will make it into the top position (best coin value). I think NEO can throw in a little more.
hero member
Activity: 2268
Merit: 507
November 20, 2017, 11:14:48 PM
#4
What happened to NEO?

Is this the beginning of crash?

After breaking and creating a new high it suddenly falls into the floor how bad. There is no signs of recovery
Because that was a fake news and not a real news from the china's government. at least that was giving a bull trap for every one. Those taking a lot of profit from the neo pump and another person were losing a lot on it. How the people in these days are believing about the fake news from the unreliable site.
newbie
Activity: 41
Merit: 0
November 20, 2017, 11:04:05 PM
#3
What happened to NEO?

Is this the beginning of crash?

After breaking and creating a new high it suddenly falls into the floor how bad. There is no signs of recovery

I recently read an article of one guy on reddit that is mentioned by NEO itself, and he says that NEO is full of problems that could be hardly solved. They are centralized, they are not active on GitHub, they have fishy projects on their blockchain.

I'm not investing, cause it really looks weird.
sr. member
Activity: 308
Merit: 250
November 20, 2017, 10:55:28 PM
#2
It went up on rumors so it was expected.
full member
Activity: 196
Merit: 103
November 20, 2017, 10:50:39 PM
#1
What happened to NEO?

Is this the beginning of crash?

After breaking and creating a new high it suddenly falls into the floor how bad. There is no signs of recovery
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