Topic: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10 - page 259. (Read 241286 times)

I can see that the price of the NEO Asset has been down lately so anyone of you guys have purchased some of them  ?
I'm Really interrested about this Asset but i think i will wait until it gets on the 20-25 Bucks level and then decide either to buy or to keep my pocket money .
what are your recommandations guys ?

NOPE.. Those are gone foever. Sadly. I am really really sorry But you just dumped about $1200 down the drain

Create an address in my Neon wallet (has NEO on it)......i then downloaded and synced the Neo Gui .....i then imported the private key from the address in my Neon wallet...the problem i have is it doesnt display any Neo in the Neo-Gui wallet...any reason for this?..anyway to force an update with current Neo on that private key?

It was a very big pump for sure. We'll see a long stable price only some time after such huge moves...

It will be very sad if the high price for NEO was kept only at the expense of manipulations and ICO..

If you are sending from your wallet, send only round numbers and this will be exact amount the RP will receive, no fees

seems like a good time to buy up on NEO 

It is very good approach to support and launch only legit ICO projects. There are countless ICO's finished and running which have nothing to deliver in real life but empty and fancy promises. Neo is taking good line from now onward because in future these ICO's are going to be regulated anyway to protect investors specially smaller ones.

for the 100th time

neotogas.com



Registered for Red Pulse. Good entry point for anybody looking to buy in.

how many neo do you have to to get some decent gas production atm i have 36 it produced 0.05 gas in 4 days can i assume 36x20=720x4=2880=1 gas a day? i am not a einstein

Will be interesting to see how this goes. I sold my Neos very cheaply

At least I got a good amount for my Gas. (I'm sure a lot of people are in my boat since they never gave any thought to the Gas)

If you want to participate in the first ICO on NEO, you need to register on the Red Pulse RPX KYC whitelist before Sept 10. https://coin.red-pulse.com/kyc/

That increases the market cap instead of decreases it. You can always buy the Useless Ethereum Token if you have a problem with ensuring investor safety in all things that involve NEO. This will only give investors confidence that none of their invested money is being squandered. There is no point in giving various ICOs $100 million dollars or more when they needed $10 million at most to develop the entire concept. All this ensures is that every dollar invested works optimally to the benefit of investors. I have enough confidence in the NEO developer community across the world to provide all kinds of valuable smart contract dAPPs. Most people do not realise it, but we are still in the earliest stages of smart contracts with only the very simplest of them being applied so far. Their real value is yet to show itself and that will happen. People who actually study the work of Nick Szabo will see how much more the smart economy can be developed. Ethereum took various huge hits such as when the DAO hack and subsequent Ethereum Classic hardfork took place, when the network could not handle all the ICOs on the network due to its initial PoW choices and when there was the flash crash. None of this added confidence and the various ICO scams who all get accepted without any due diligence also lower confidence in that platform. It is also about respectability to all involved in a certain platform. NEO thinks more longterm than most competitors and of course in the short term that might appear detrimental, but in the long run that is extremely beneficial.

Also take note of how you apply your math. It is stated that 90% are scams which implies 10% are legitimate. Of those 10% however only 1% actually raise the correct amount of funds to conduct their business (not excessive). The other 9% prefers to raise far more funds than they could justify and whilst they are not outright scams, the authorities do not like to see this behaviour. If I have to think of an example of this, I think of EOS. It raised an incredible amount and it really cannot justify it. Such excesses are not necessary. Even Berkshire Hathaway has a most modest website....it shows that even if your company is still valued more than all cryptocurrencies together that you do not need to excessively squander funds.

So the authorities intend to block the 90% of the scams which leaves 10%. You have to keep in mind that blockchain technology is developing very fast and more and more people seek to add value in this sector. Once regulation is in place, most scammers will not even try. In their place legitimate entrepreneurs will come. I thus do not see the number of ICOs decreasing. When given time, the number of legitimate ICOs might actually surpass the total number of ICOs we see at the present. There are about a 1000 cryptos out there currently. Most of them have very small teams and they do not need very large teams. In case every ICO team would have 20 members, then it still would amount to only 20,000 people which is not vast for a truly large industry. Of course the largest cryptos in practice can have teams numbering thousands of people, but for most that is not the case. In the future we might actually see millions of people employed in blockchain technology.

I hope that neo also rise soon as eth a few months ago.
I personally would be happy 

No, it looks like NEO is the perfect platform for regulating ICO's for Chinese participants.

https://cointelegraph.com/news/neo-to-benefit-from-chinese-ico-regulations

Can someone please help with a problem i have. I sent from my Neon wallet to Bittrex Exchange 40 Neo tokens, but by mistake sent them to Neoscoin Address. Is there any way to retrieve them or are they lost forever. Any insight would be greatly appreciated.

1% of ICOs is maybe one ICO in 2 months. It cannot support 2 billion market cap.

You are completely wrong, this is a big POSITIVE for NEO. NEO has anti-money laundering and know your customer built in - they are not targetting scam ICOs, they want to attract the 1% of legitimate ones.

NEO will only have the best of the best while ETH will continue to be the shit ICO machine that it is.

And how does it harm NEO? It's just that NEOs will be held by ICOs that do not violate laws and will not steal.

Looks like another big hit on NEO:

https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

Chinese regulator says that only 1% of ICOs is legitimate, and more than 90% are scam.