Amazing, now the NEO ranks 7th with a market cap of more than $ 2bn, I'm happy to still keep NEO and sure next year the price will reach $ 100 and the year 2020 will reach $ 1000.
Oh, may I hear why? Been following this topic since page 50 or so, and in every page you can see posts like "in two weeks NEO to the moon", "next month NEO will be 60$", and most popular in last 10 pages "In 2018 NEO =100$".
I hold NEO my self, so i am a fan, not a hater, I just don't get why people assume this "next week, next month, next year" things. What are hard facts for that?
This is crypto. Half the people posting stuff are 14-year-olds on the family computer; most of the people who actually know what they're doing are quietly investing in what they believe in, without posting all over the internet about it. There is no hard evidence for 'NEO to the moooooon!' or 'NEO 2018 = $100' or 'NEO will take over from RMB', just like there is no hard evidence for 'ETH will kill NEO' or 'China will ban' or 'Da Hongfei f***ed your mom'. And there's no point in asking for hard evidence, because the people who say it have little useful insight to add anyway.
What we do have hard evidence for is that NEO has a workable concept that addresses various regulatory issues that loom on the horizon for all of crypto; deep pockets; better connections to those in positions of power than most other cryptos (and in China, where that matters a lot); and a large development team (core + CoZ). That doesn't guarantee any particular price on any particular day, but it gives reason to believe in the long-term potential of the project (if one cares about such things, of course).
I've held NEO since AntShares. I have no idea what the price will be tomorrow or next month or 3 years from now. Available evidence leads me to believe that the price will eventually be higher than it is now. Every investment is a bet, and that's a bet that I'm more comfortable making than most others in crypto. That's all anyone can say.
Somebody just made some good money on this.
