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Topic: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10 - page 303. (Read 241263 times)

newbie
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Fricking sellers we were that close to geting in to top 10
sr. member
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The Standart Protocol - Solving Inflation
plus of NEO
1. it has good platform ( it was ant share before )
2. it is from china which has a biggest population in the world.
3. if people only in china use it the price will goes upprety high
4. IMO it is still undervalue
full member
Activity: 196
Merit: 100
Hoqu.io – Decentralized Affiliate platform
Hello,

one thing from NEO white paper has concerned me.

"NEO, with a total of 100 million tokens, represents the right to manage the network. Management rights include voting for bookkeeping, NEO network parameter changes, and so on. The minimum unit of NEO is 1 and tokens cannot be subdivided."

Now does that mean that you can buy only 1 NEO, an not 0.1 , 0.5 or even lower than that?

If it does that is quite troublesome. Now when NEO is 11$ there is nothing to worry about, nobody wants to buy only 0.5 NEO or 0.001 or something like that.

But when the price will grow( we hope it will) and it will reach let's say 100$ or even 200$ per NEO. Now somebody would like to buy NEO but not necessarily 1 NEO, but some smaller amount 0.5 or 0.05 but he or she won't be able to.

How will price continue to grow if most of the small investor will be disappointed when they won't be able to buy smaller amount of NEO, that is less than 1 NEO.

I mean you can buy ETH, STRAT, QTUM every token similar to NEO in much smaller amounts like 0.0001 even.

Why did creator of NEO do that, dont they expect NEO will grow or what?


I think that is a huge problem.
Imagine that NEO is 1000 $ and then you send a fraction of that like 1.6 to your wallet. You only get 1 NEO, so 600 Dollars is lost. That is really crazy right now!
full member
Activity: 238
Merit: 100
Co founder & CMO SocialX
After a year of existence, they renamed/rebranded the antshares into neo, then how about after another year? Will you rebranded this one again?
I am just wondering why rebranding needs renaming why not just apply the development and retain the name? antshares had gone so far as per your evaluation.

I think Neo is much better for MASS adoption. 
newbie
Activity: 36
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Will NEO pass STRATIS today and even Monero and enter in top 10?
copper member
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Leading Crypto Sports Betting & Casino Platform
After a year of existence, they renamed/rebranded the antshares into neo, then how about after another year? Will you rebranded this one again?
I am just wondering why rebranding needs renaming why not just apply the development and retain the name? antshares had gone so far as per your evaluation.
full member
Activity: 211
Merit: 100
Hello,

one thing from NEO white paper has concerned me.

"NEO, with a total of 100 million tokens, represents the right to manage the network. Management rights include voting for bookkeeping, NEO network parameter changes, and so on. The minimum unit of NEO is 1 and tokens cannot be subdivided."

Now does that mean that you can buy only 1 NEO, an not 0.1 , 0.5 or even lower than that?

If it does that is quite troublesome. Now when NEO is 11$ there is nothing to worry about, nobody wants to buy only 0.5 NEO or 0.001 or something like that.

But when the price will grow( we hope it will) and it will reach let's say 100$ or even 200$ per NEO. Now somebody would like to buy NEO but not necessarily 1 NEO, but some smaller amount 0.5 or 0.05 but he or she won't be able to.

How will price continue to grow if most of the small investor will be disappointed when they won't be able to buy smaller amount of NEO, that is less than 1 NEO.

I mean you can buy ETH, STRAT, QTUM every token similar to NEO in much smaller amounts like 0.0001 even.

Why did creator of NEO do that, dont they expect NEO will grow or what?

NEO is essentially a share in the network. You cannot buy half a share in a company either. Each share also represents a vote. Votes cannot be split either. The GAS NEO uses is fully divisible, so in various instances it would then be more useful to use the GAS instead of the NEO. Berkshire Hathaway as Warren Buffet's company has shares that are worth more than $200000 each and that apparently is not detrimental to Berkshire Hathaway. The matter that NEO is indivisible also offers great advantages such as that NEO is not meant to fork unlike almost all other cryptocurrencies. It also means that a proper decision making tool is in place, so that when the community disagrees, they vote on it and the matter should be settled and settled permanently. So you will not have any 'Ethereum Classic' or 'Bitcoin Cash' situations at NEO. When NEO states that 100 million NEO and GAS are in existence at most, then that is truly the limit and there is no fork that will keep increasing the quantity through such 'creative means'. If too many forks happen it will erode confidence significantly. Now there might only be 2 Ethereums and 2 Bitcoins, but imagine the chaos if they turn into 6 or more different versions of each other and there is nothing from stopping individuals from doing just that.  

NEO is mostly focused on using blockchain technology for the smart economy which will make numerous facets of the economy far more efficient. In contrast many other cryptocurrencies are only focused on being usable a currency and that is about it. The real value in blockchain technology is in how it can improve the economy. The PoW mining farms which hold entire cryptocurrencies hostage and are then marketed as the 'people's money' when all they are doing is acting like central bankers have little to offer the world. With the NEO platform in time you will for example be able to book hotel rooms and acquire access to them without requiring any personnel....the process could all be digitized and automated. Likewise you would be able to buy a piece of an otherwise illiquid good such as a rare painting or perhaps you would like to search for real estate and then buy 0.1% of an office building (and automatically receive monthly dividends via the blockchain on that). You could likewise prove your ownership via the blockchain which would be free from manipulation. Blockchain can likewise be used to transfer important documents that should only and will only be seen by the counterparty to which they are sent. These are but a few of the many possibilities of the NEO blockchain. A dAPP could of course also be developed on top of NEO that could optimally function as currency, but that is not their primary focus. NEO seeks to remain compliant with governments in order to assist in conducting business in the real world and directly competing with central banks is not the way to do it. Sure, central banks should be in the hands of the people and not private corporations pretending to be public institutions, but that issue should be resolved in another way......not giving power to mining farms and then pretending the issue is resolved as that only moves the problem.  

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When mainnet neo launch?

NEO's mainnet launched in October 2016.

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Any idea when will bittrex etc change the name? Now it seems to be quite confusing. I like the ant-logo much more than the neo-logo.

Antshares (ANS) had a nice theme behind it, but the 'share' aspect caused confusion at times as to what it was in the cryptocurrency sphere. At the same time it encompassed very well what an ANS was. Nevertheless NEO has a more mature and modern image and the key aspect is the focus on the smart economy and that message simply cannot ever be conveyed as well with Antshares. All in all I think this is an excellent step in the right direction, but I can understand that it will take some time to see the true value of the new image. Then again, the rebranding has not even been completed, so at the moment the two cannot properly be compared.

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The next controversial project by this gang of thieves. I suppose there will still be an unpaid advertising campaign. I have never imagined that the Chinese can cheat like that.

It looks like you are the real scammer. You have added nothing of value whatsoever except for acting like a leech. I know.....I have seen your post history. I do not feel sorry for leeches not getting rewarded for being a leech.
legendary
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Epic Private Internet Cash
hero member
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legendary
Activity: 1316
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2009 Alea iacta est
newbie
Activity: 36
Merit: 0
Hello,

one thing from NEO white paper has concerned me.

"NEO, with a total of 100 million tokens, represents the right to manage the network. Management rights include voting for bookkeeping, NEO network parameter changes, and so on. The minimum unit of NEO is 1 and tokens cannot be subdivided."

Now does that mean that you can buy only 1 NEO, an not 0.1 , 0.5 or even lower than that?

If it does that is quite troublesome. Now when NEO is 11$ there is nothing to worry about, nobody wants to buy only 0.5 NEO or 0.001 or something like that.

But when the price will grow( we hope it will) and it will reach let's say 100$ or even 200$ per NEO. Now somebody would like to buy NEO but not necessarily 1 NEO, but some smaller amount 0.5 or 0.05 but he or she won't be able to.

How will price continue to grow if most of the small investor will be disappointed when they won't be able to buy smaller amount of NEO, that is less than 1 NEO.

I mean you can buy ETH, STRAT, QTUM every token similar to NEO in much smaller amounts like 0.0001 even.

Why did creator of NEO do that, dont they expect NEO will grow or what?
full member
Activity: 294
Merit: 100
sr. member
Activity: 511
Merit: 250
Open and Transparent Science Powered By Blockchain
Any reason why did they change the name from ANT to NEO? Any idea when will bittrex etc change the name? Now it seems to be quite confusing. I like the ant-logo much more than the neo-logo.
member
Activity: 61
Merit: 10
New ethereum, dont miss the boat, this ones a rocket.
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
newbie
Activity: 70
Merit: 0
I'm going to take a small amount of out my check to just throw it in antshares every month.
sr. member
Activity: 574
Merit: 261
If i put my coins on the binance exchange, does it produce antcoins? or does it only in the wallet?

Binance will give you GAS Smiley

Quote:
As of now, most exchanges will not give you NEO gas if you put NEO on their platforms. After a discussion with the NEO team, we together decided to disrupt the status quo.
Binance is going to be the first international exchange to give you your NEO GAS!
Binance will snapshot your NEO asset at 8am. (Beijing time) everyday, and issue NEO GAS to your account monthly based on your holding amount and time.

https://binance.zendesk.com/hc/en-us/articles/115000608671-Binance-Open-Letter-to-NEO-Community

sr. member
Activity: 1246
Merit: 257
NEO was a cryptsy traded coin.
(be cool if yall provide swap)
 Smiley

Also Smart is alive and well coin.
sr. member
Activity: 504
Merit: 259
Can i continue using my old antshares wallet? I wont lose my coins right?

Anyone pls? Help

Yes that is no problem. Then again it is literally no effort to download the NEO wallet and copy your chain file to the new wallet folder. Just take care not to delete the wallet file.
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