Topic: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10 - page 226. (Read 241286 times)

On 31. dec 2017, minimum 50$, not below that, I'm 99% sure.

This is old news.
We all know NEO will be might be dumped by the developers at a maximum rate of 15 Million per year over the following years.

NEO's 100 million tokens is divided into two portions. The first portion is 50 million tokens distributed proportionally to supporters of NEO during the crowdfunding. This portion has been distributed.

The second portion is 50 million NEO managed by the NEO Council to support NEO's long-term development, operation and maintenance and ecosystem. The NEO in this portion has a lockout period of 1 year and is unlocked only after October 16, 2017. This portion will not enter the exchanges and is only for long-term support of NEO projects. The plans for it are as below:

10 million tokens (10% total) will be used to motivate NEO developers and members of the NEO Council
10 million tokens (10% total) will be used to motivate developers in the NEO ecosystem
15 million tokens (15% total) will be used to cross-invest in other block-chain projects, which are owned by the NEO Council and are used only for NEO projects
15 million (15% total) will be retained as contingency

The annual use of NEO in principle shall not exceed 15 million tokens

(This is from the Whitepaper available on Github, and other good sources)

The skyrocketing bitcoin price today makes a lot of users sell altcoin so most of the drop altcoin prices include NEO. I still keep NEO, this year's target could reach $ 50.

NEO tokens unlocked on Oct 16th to support ecosystem development

https://neonewstoday.com/general/neo-unlocked-on-october-16th-to-support-long-term-development/


On October 16th, 50 million NEO tokens will be unlocked and made available to the NEO Council. This represents half of the total NEO token supply, with the first 50 million distributed during crowdfunding.

The purpose of the NEO tokens released this month is to encourage development of the NEO ecosystem.

The recently announced Neon Meta Exchange is one example of how these funds will be used. The NEO Council will be investing NEO tokens into the the NEX token utility sale to help fund the project, and accomplish one of the items on NEO Council’s Q4 2017 roadmap..............


https://neonewstoday.com/exchanges/city-zion-announce-neon-meta-exchange-nex/

You should ask Bittrex, only they can answer your question! At the moment standard-transactions are free at the NEO blockchain but as far as I know they said maybe that will change someday. Bittrex is the worst place for buying/holding NEO because they don't credit you GAS for holding like Binance do, and high withdrawal fee although they reduced it about one month ago from 0.1 to 0.025 NEO. 

This is what puzzled me too, how are the transactions paid for ? If there are no transaction fees for Neo then why does Bittrex charge 0.025 Neo to withdraw ?

Hello NEO planet please show me some love with a view and like
Thanks a Trillion Satoshi's
https://www.youtube.com/watch?v=DapHOQCmPlU&t=5s

The transaction on Neo platform will be free forever or there is a date from whom we begin to pay?

PBoC Digital Currency Director Calls for Centralized State Cryptocurrency

https://www.coindesk.com/pboc-digital-currency-director-calls-centralized-state-cryptocurrency/



...."The value of cryptocurrencies such as bitcoin primarily comes from the market speculation. It will be a disaster to recoganize it as a real currency. And the lack of a value anchroing inherently determines that bitcoin can never be a real one."


In yet another statement, he was quoted as saying that the deflationary nature of economic systems utilizing the technology could be a hinderance to their success. "A total cap of 21 million like bitcoin whose current supply also halves every four years is actually driving backward along the currency evolution," he said.

Yao went on to argue that a state-owned digital currency, however, creates tangible economic values and helps stabilize the market position of fiat currencies.

"The nature of a state-owned digital currency is a government liability issued to the public," he said. "And it's backed by the sovereign credibility.".........

by wandererli

NeoTip: Gas Tipping System for Reddit

https://www.reddit.com/r/Neotrader/comments/75ocql/neotip_gas_tipping_system_for_reddit/?st=j8mxov2a&sh=1d7c1940


Hello NEO community!
 
We are introducing NeoTip (https://www.neotip.io), the NEO-based tipping system for Reddit and (in the future) other social media platforms! We built this in an effort to:
grow more mainstream awareness for NEO,
streamline the process for tipping posters and commenters (e.g., when asking for tips on their news/analysis/content),
incentivize better content on the Internet as a whole.
 
WE NEED YOUR HELP WITH ALPHA TESTING
To participate as an alpha tester, send a PRIVATE MESSAGE to /u/NeoTip (https://www.reddit.com/message/compose/?to=neotip&subject=create%20account&message=anything%20here) with the subject as "create account" (you can put anything in the body). You'll receive a response confirming your registration as an Alpha Tester.
 
SENDING A TIP
The process for sending a tip is very simple. We use Gas. Once you load your assigned wallet with Gas, you can send a tip to anyone on Reddit (whether they have a NeoTip account or not) by saying something like:
/u/neotip 5.3
with 5.3 replaced with any amount of Gas you'd like to send.
If the user doesn't have a NeoTip account, we'll set aside the tipped amount with in a reserved wallet for that user, and that user will be notified about the tip.
The minimum amount of a NeoTip is 0.001. Any NeoTip you initiate for less than 0.001 (for example, 0.0009) will count as 0 and no NeoTip will be sent. We round down. So if you try something like 0.0019, it will be registered as 0.001 -- but don't worry, you don't lose the 0.0009, it's still in your account, it just never left with the other 0.001 NeoTip.
EDIT: the NeoTip transaction will occur between you and person you are replying to. For example, if you are making a direct comment on the post, the tip will go to the OP. If you are responding to a comment on the post, the tip will be sent to the commenter that you've responded to.
For more info: https://www.neotip.io/get-started
Details: https://www.neotip.io/questions

Here is a well working calculator: https://neotogas.com/
GAS will be generated over the next years, earned GAS/block will decrease time by time, have a look at their Whitepaper, search here for "GAS distribution": http://docs.neo.org/en-us/

I need some information about gas how to calculate? Maybe the gas generation gives this currency the biggest advantage above others?

That is a great news for NEO. I do not know much about NEO. Maybe it is time to learn a little bit more about it.

havent they been advising the chinese government on regulating crypto... its my understanding that OTC trading is not banned and chinese regulators are waiting to meet on the 18th to set regulation on crypto and digital assets at their congress...

It is false, how can they join Chinese gov congress when Chinese gov banned crypto coin and ICO coin trading? It is not plausible. I think NEO doesn't need it.

Is there any validity to NEO participation in the Oct. 18th Chinese government congress? What will this do for NEO?

you are right.when the btc gold fork finish the price will back.so we don't need worry it.

Me too. I'm in it for the long term with NEO.

A year from now, people will be saying "Jeez, remember when NEO was under $20 USD?"

Two years from now, people will be shooting themselves for not investing in NEO.

100% on NEO, despite circumstances.

The trading volume for NEO is slowly drying up as we speak, though, which is not a good sign by any means. Just under $40m worth of NEO has been exchanged over the past 24 hours, which means it is almost neglectable. If this trend keeps up, no one should expect any sort of NEO price recovery anytime soon.

https://themerkle.com/neo-price-takes-a-beating-in-both-usd-and-btc-value/

I don't care what the pundits say, I'm hodling onto me NEO. It's been through hard time before and pulled through, it will do it again.
This current drop is only because of the impending Bitcoin Gold fork.