NEO Worth it? | Bitcointalksearch.org

zander09

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Quote from: royalcrypt on March 23, 2018, 09:56:49 AM

One thing about NEO, when it goes up it goes pretty high up and samething for when it goes down it goes down a lot. Not totally sure if its accurate but just a variable to keep in mind.

Neo is a worthy altcoins that have a good potential in the future, Neo is the competitor the Ethereum project. Well actually I currently invest in Neo because I believe in her ability and potential to growth.

nata777

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Quote from: MadGamer on March 20, 2018, 08:28:05 AM

I had plans to buy a mining rig but some people confirmed that ETH will eventually go POS and since I'm not aware of any other good coins, I want to see what other options do I have? Is NEO a good alternative? If yes, I'd appreciate some calculations (x bought = x earned for example).

You can buy a mining rig, because not only one ethereum can be mining on it, there are many other coins that can be mining. For example: Ethereum classic, electroneum

trudovik

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The NEO project is a worthy competitor to the ETH project because the Chinese government has not reacted to this project in any way, so it seems to me that they can only support this project in this way, the project team is very diligent about the project.

colenax

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I think it's better to ripple than on neo. yes that's what I've learned and investigated. (ripples have a pretty bright future progress)
but, I'm sure you have a lot of knowledge and experience about altcoin judgment especially the top altcoin.

eldub

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Personally I stay away from all Chinese coins, the same as I stay away from Chinese dog food or treats. They are scam artists of the first rank.

piterpie

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Quote from: MadGamer on March 20, 2018, 08:28:05 AM

I had plans to buy a mining rig but some people confirmed that ETH will eventually go POS and since I'm not aware of any other good coins, I want to see what other options do I have? Is NEO a good alternative? If yes, I'd appreciate some calculations (x bought = x earned for example).

NEO is a well-known currency on the market today. Besides, the surrounding market is subjected to many strong impacts from the market as well as investors; NEO is likely to outperform. On the chart, next week and I look forward to this appearance.

royalcrypt

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One thing about NEO, when it goes up it goes pretty high up and samething for when it goes down it goes down a lot. Not totally sure if its accurate but just a variable to keep in mind.

Storag

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Quote from: liuqi on March 23, 2018, 09:22:45 AM

Quote from: MadGamer on March 20, 2018, 08:28:05 AM

I had plans to buy a mining rig but some people confirmed that ETH will eventually go POS and since I'm not aware of any other good coins, I want to see what other options do I have? Is NEO a good alternative? If yes, I'd appreciate some calculations (x bought = x earned for example).

Mining is good platform but you should calculate your Power consumption because high hash cards are make more profit so you should buy high range hash it will make more profit. But many countries are avoiding the mining platform because it take more electricity so little complicated in future. In your country cheap electricity you can start a mining platform otherwise it is not a valuable investment.

Mining will soon be profitable, only to huge corporations and firms. Already, the growth of the complexity of the network is fast, and the crypto-currency is also falling in price.

zaratustraa

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Good afternoon! Grin

Yes NEO is a very interesting currency in terms of investments ...
BUT, you are not afraid of the presence of a large volume of NEO (and GAS) tokens in the hands of the platform developers? At any time, these tokens can enter the market and further collapse the rate of NEO. Tongue

sunX3

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I think it has a lot of potential and can be really neck and neck compared with ETH.

Would be a great coin to invest in for the long term and see what happens IMO

waikato3284

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NEO isn't decentralized. It might be worth a small position but it's too high risk for a large position.

liuqi

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Quote from: MadGamer on March 20, 2018, 08:28:05 AM

I had plans to buy a mining rig but some people confirmed that ETH will eventually go POS and since I'm not aware of any other good coins, I want to see what other options do I have? Is NEO a good alternative? If yes, I'd appreciate some calculations (x bought = x earned for example).

Mining is good platform but you should calculate your Power consumption because high hash cards are make more profit so you should buy high range hash it will make more profit. But many countries are avoiding the mining platform because it take more electricity so little complicated in future. In your country cheap electricity you can start a mining platform otherwise it is not a valuable investment.

nextel

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Quote from: CryptoRama on March 20, 2018, 11:48:16 AM

Maybe for short term, but you should know, that NEO has an off switch, I don't find it very good if they decide to terminate NEO, so I use rather bitcoin or ethereum, where you need to destroy all computers from the world to succeed in termination of a coin.

NEO is for both short-term and long-term because this time NEO is cheaper again and will soon surge when Bitcoin start to surge.
NEO is better than other top altcoins as it is also one of the best blockchain backbone next to Ethereum.
new altcoins today are now on Ethereum or NEO's Backbone due to it's scalability and speed feature.

nextel

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Next Generation Agreements for Everyone on The Eth

NEO is a good coin and it's an Ethereum best rival for scalability and speed.
I like NEO that's why I invested a couple of hundred of NEO coin last year while it's cheaper so now I am thankful that I invested while it's cheaper and my return of investment is way higher than other altcoins in the crypto market today.

cdb1690

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Quote from: MadGamer on March 20, 2018, 02:42:53 PM

Are these considered as dividends or It's actually POS? I just want to know If this is usury-based system or in other words, why are people rewarded and from where the tokens are coming from?

It's more like dividends. New GAS is generated with every new block and proportionally distributed between all NEO holders. This will continue until total supply of GAS (100000000) is reached. Moreover, there are several different types of transaction fees in NEO protocol. All of them are paid in GAS. Some of these transactions fees are collected by bookkeeping nodes (these are all set to zero right now, so bookkeeping nodes don't actually make any money), while other fees are redistributed back to all NEO holders in the same as newly generated GAS.

Kolona

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Quote from: MadGamer on March 20, 2018, 08:28:05 AM

I had plans to buy a mining rig but some people confirmed that ETH will eventually go POS and since I'm not aware of any other good coins, I want to see what other options do I have? Is NEO a good alternative? If yes, I'd appreciate some calculations (x bought = x earned for example).

NEO is good because it is supported by 90 percent of all investors in China, and this is a huge audience. Therefore, the coin is obliged to repack.

MadGamer

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Quote from: civiszero on March 20, 2018, 08:36:41 AM

depends on how much you are willing to put in.

you will have to buy quite a significant amount of NEO to earn GAS
for example:
you can buy 500 NEO right now which costs you about $34.000 dollar
you would generate about 73 GAS every year
1 gas is about 21 dollar in today's market
which gives you a profit of roughly 1500 dollar annually.

that being said
I think for instance Vechain will give you more chance of a higher ROI down the line for a lower initial investment.
although I do not know the worth of the thor coin (equilivant of GAS) I predict the percentage to be somewhere in the same ballpark.

take a look for masternode coins also there are lists online if you do a little digging.

but please be aware there are a lot of scams out there promising u X returns.

Are these considered as dividends or It's actually POS? I just want to know If this is usury-based system or in other words, why are people rewarded and from where the tokens are coming from?

ccsang

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I don't recommend bought mining rig to mine ETH now because most important is Network Difficulty increase everyday, you just earn a little of ETH with small mining rig, but NEO is another potential coins like ETH, people call NEO is China Ethereum and you also can claim free gas, currently price is not high, so I'm sure that NEO is worth for hold

CryptoRama

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Maybe for short term, but you should know, that NEO has an off switch, I don't find it very good if they decide to terminate NEO, so I use rather bitcoin or ethereum, where you need to destroy all computers from the world to succeed in termination of a coin.

IrenNTA

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Taking about POS, NEO is not the best in my opinion. The annual income of generated gas is approximately 5% of your NEO deposit. For instance, DASH gives you 7,5% of annual return, OKcash - 10%. I hope ETH will offer more than 5% when they implement POS.

Topic: NEO Worth it? (Read 234 times)