NEO - The Ethereum of China (Invest before you regret) - page 14.

mastadonballs

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Quote from: AleSergio on September 16, 2017, 11:04:14 AM

I dont think that NEO has a future, it pumped hard because it was tottaly involved in China ICO market. With sch kind of a news where ICOs are forbidden, NEO can start aiming to another markets, but can it compete with ETH? Probably not.

What do you think an altcoin centralization in a country compete to an altcoin has a huge community on the world, who will are winner? Cool

In my opinion, I will choose Ethereum for hold in long term!

ryanben

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I have mentioned NEO quite a few times when its price is only $ 6-8, I am still studying and scrutinizing step by step from the Chinese government and that will greatly affect NEO.

CryptoDude2727

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Quote from: AleSergio on September 16, 2017, 11:04:14 AM

I dont think that NEO has a future, it pumped hard because it was tottaly involved in China ICO market. With sch kind of a news where ICOs are forbidden, NEO can start aiming to another markets, but can it compete with ETH? Probably not.

ETH and NEO (and others) are in exactly the same spot aren't they? Chinese ICOs can't be started on their platform. Or someone correct me? If an ICO from Japan wants to use NEO the Chinese are going to do what (other than banning their cituzens)?

The NEO team is in China... but so what? I guess if things got really bad they could be arrested... they could also leave the country and go somewhere else.

AleSergio

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BuyAnyLight - Blockchain LED Marketplace

I dont think that NEO has a future, it pumped hard because it was tottaly involved in China ICO market. With sch kind of a news where ICOs are forbidden, NEO can start aiming to another markets, but can it compete with ETH? Probably not.

europesss

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Quote from: CryptoDude2727 on September 16, 2017, 10:34:02 AM

Does the NEO team move from China? If nothing more to help with perception?

It's still not clear to me how (or if?) the current Chinese situation hurts NEO? Ok, there can't be an ICO based in China... whether it's on NEO, or ETH, or whatever... NEO is open to ICOs coming from all other parts of the word... the same as ETH and others. What ultimately is the impact on NEO then?

China forbids all kinds of icos about cryptocurrency, NEO can not open to icos except it leave China.

CryptoDude2727

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Does the NEO team move from China? If nothing more to help with perception?

It's still not clear to me how (or if?) the current Chinese situation hurts NEO? Ok, there can't be an ICO based in China... whether it's on NEO, or ETH, or whatever... NEO is open to ICOs coming from all other parts of the word... the same as ETH and others. What ultimately is the impact on NEO then?

Hoobleton

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Quote from: btcholder on September 15, 2017, 08:13:24 PM

Yeah I think so and totally agree with you. Chinese market is too good for crypto currency. And NEO build by Chinese developer. So it's could be a next ETH in future.

Yes, this looks great. Will go back to $50 in couple months in my opinion.

roadbits

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Quote from: gribble on September 16, 2017, 08:37:00 AM

Quote from: Danny Zen on September 15, 2017, 09:38:07 PM

I think getting some regulation in the space will be good. Right now, regulation is everyone's worst fear. Once the space has regulation and we see that crypto is still thriving, it will give the market a lot of confidence.

NEO Price Mounts Shaky Comeback as Battle for $20 Intensifies
With most of the turmoil affecting Chinese exchanges behind us, the time has come to look forward again. One of the altcoins a lot of people are keeping a close eye on is NEO. Given its recent all-time high, followed by an extreme correction, it is interesting to see what this coin will do. Right now, the NEO price is hovering around $19.75, even though it hit $23 a few hours ago.

Now again it is coming down. This is an excellent project from China and yes this ETH for Chinese people. But now people are getting fear to invest on this coin after releasing news from China governament. i think many people are selling this coin. i am having this coin and hoping again it will come back to more than $30.

gribble

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Quote from: Danny Zen on September 15, 2017, 09:38:07 PM

I think getting some regulation in the space will be good. Right now, regulation is everyone's worst fear. Once the space has regulation and we see that crypto is still thriving, it will give the market a lot of confidence.

NEO Price Mounts Shaky Comeback as Battle for $20 Intensifies
With most of the turmoil affecting Chinese exchanges behind us, the time has come to look forward again. One of the altcoins a lot of people are keeping a close eye on is NEO. Given its recent all-time high, followed by an extreme correction, it is interesting to see what this coin will do. Right now, the NEO price is hovering around $19.75, even though it hit $23 a few hours ago.

Samarkand

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Quote from: electronicash on September 16, 2017, 03:16:51 AM

...the chinese knows there is huge opportunities in crypto otherwise they won't be making miner devices....

The reason that mining is so attractive in China is not the potential of cryptocurrencies, but rather the huge
amount of excess energy supply. In several rural provinces the electricity company is either cooperating with the
mining operations or even running the operations themselves!

Paycoinzzz

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Quote from: cryptothreads on September 15, 2017, 07:31:01 PM

Quote from: Irvinn on September 15, 2017, 01:22:52 PM

Now, when in China they solve the questions connected with the further circulation of the crypto currency in this country, the fate of the Chinese coin NEO directly depends on these decisions in China. I think that in China everything will soon end safely with an even stronger strengthening of the crypto currency and NEO will also rise.

I am sure the Chinese market will stabilize again and NEO will continue to obtain good prices. I hope this happens because I bought a lot of NEO and will keep it for 3 years.

Sorry but I not a fan of NEO, I do not think this coin will be good coin for hold in long term like your plan.
Because it has pumped to high value and different the community of Ethereum or Bitcoin.
It cannot compete to two top coin have real community while it just an altcoin centralization by Chinese holder.

electronicash

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Quote from: Mike011 on September 16, 2017, 02:59:16 AM

Sliiightly offtopic but.. Chinese possible decision to put a halt on ICO`s makes sense if you think how much scam and money laundering can be done here. It can actually add so much needed safety into cryptoworld. And another equally important aspect is that Chinese are not dumb. especially when it comes to trading and making profit. Do you really believe that they will pass on such an opportunity that crypto offers?

they do have their own brute force way to profit from all these crytocurencies, the chinese knows there is huge opportunities in crypto otherwise they won't be making miner devices. they are not dumb but they can also be stupid, they could even copy the entire coins listed on the exchanges for the entire chinese population to use. they can create their own monero, ripple ad etc.

Mike011

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Sliiightly offtopic but.. Chinese possible decision to put a halt on ICO`s makes sense if you think how much scam and money laundering can be done here. It can actually add so much needed safety into cryptoworld. And another equally important aspect is that Chinese are not dumb. especially when it comes to trading and making profit. Do you really believe that they will pass on such an opportunity that crypto offers?

namorthesu

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A very promising feature of this project is that their platform supports virtually all existing programming languages, including Java, Python, Go, Kotlin and Microsoft.net. It greatly facilitates the creation of smart contracts.

Danny Zen

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I think getting some regulation in the space will be good. Right now, regulation is everyone's worst fear. Once the space has regulation and we see that crypto is still thriving, it will give the market a lot of confidence.

btcholder

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Yeah I think so and totally agree with you. Chinese market is too good for crypto currency. And NEO build by Chinese developer. So it's could be a next ETH in future.

blokHed

newbie

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Is it not more so to consider if this tech will actually come to fruition in future?
Is this not an indication that Govs now taking note, see future benefits, and cannot deny that this is where things are going, and so with trying to get an early handle with what is going on, know not to touch projects themselves. Surroundings may be affected,
How have they 'hit' these projects?, They have not. They have suggested they give the public the choice to be refunded if they wish to be refunded.

Blazin8888

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Quote from: Sheckley on September 15, 2017, 07:47:38 PM

Difficult to chose in such turbulent times - to buy NEO now or to wait for some possible future price tanking?

It's true, can't decide too. The coin has a high profit potential but also high volatility. And even the news are making their adjustments. Difficult choice.

Sheckley

full member

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Difficult to chose in such turbulent times - to buy NEO now or to wait for some possible future price tanking?

blokHed

newbie

Activity: 59

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One way to look at it maybe, Chinese Gov on one side, NEO (Powerful Chinese projects) in the middle, Chinese population on the other.

To get to a TL DR IMO, the reality of the real-world future benefits of NEO cannot be denied. Gov has left projects untouched, as to, allow to continue, in place to progress IMO.
For Chinese pubic, the 'offer' to be refunded at ICO price put in place.

Topic: NEO - The Ethereum of China (Invest before you regret) - page 14. (Read 18643 times)