I think that it'll do just fine.
However, long term I really don't see any sort of major developments especially when you consider that it, being a Chinese project, has competitors that do somewhat of the same things that have started to come about in recent days in TRON and whatnot.
So yeah, I'm not super bullish nor am I that pessimistic. I think it'll be one of the coins that just sits in the middle of the pack during this bull run, honestly.
Topic: What about NEO? - page 3. (Read 732 times)
NEO was one of my major holdings and I sold 60% of my entire holdings at 180$ hoping it might keep going up in price. Even though things fell apart for NEO with regards price, I don't regret my investment there, it was profitable. However, I've been following NEO and I'm impressed with their development so far, although the astonishing aspect is that it doesn't reflect on the price. I believe with more cool strategies, NEO will do well in the long run.
With the way things are for this project, it seems the Whales driving the price are gone, the Chinese Ethereum playbook seems to be over. People were holding it then because of the feeling people are going to migrate to the platform for ICOs but the ICO market is over so I don't know what would drive the price up again. It will just be there until the price dumped to zero finally
NEO is not dead, but it is not a coin that is mentioned in every crypto news portal like Tron. They slowly work on the decentralized smart-finance ecosystem. But, with recent situation in China investors are now more cautios and that is the reason why NEO is very cheap and not attractive for newcomers. We will see what happen after NEO 3.0 release. 
For once, NEO was the hottest Blockchain project in the crypto space. Prices were well above $100 per coin, ...
And then they baned crypto in China and all went to hell
Luckily now no one in china is allowed to call NEO blockchain a scam anymore
So at least NEO organisers that got rich by selling tokens in ICO can walk proud in China. NEO was not able to take the benefit of the struggling blockchain of Ethereum while it was the only viable competitor. Now NEO is being lost among the competitors. After all these years, every dapps you see on NEO blockchain are their own home apps. No developer or project are interested in using NEO. NEO is an example of failed project.
for a token to have a price of $9.62 each, its a successful coin still despite how few dapps created under it. the GAS for its stakers i guess are the ones that makes this project holds the grip. its sort of an easy money for them that comes into their wallets without risk. to be honest i haven't tried any dapps using NEO, not even once. maybe because its in chinese which made it a failure as you point out. but for the rest like TRON and EOS, its becoming a regular for me.
NEO was not able to take the benefit of the struggling blockchain of Ethereum while it was the only viable competitor. Now NEO is being lost among the competitors. After all these years, every dapps you see on NEO blockchain are their own home apps. No developer or project are interested in using NEO. NEO is an example of failed project.
NEO is practically dead, and that sucks.
I invested in this project when each NEO was around $120 per coin, sold out when it dropped under $90, and now I can see that it's less than $10/ea.
As far as I'm aware there are almost no Dapps running on NEO, and both Tron and EOS have come along and stolen its spotlight as a competitor to Ethereum.
I don't think it will recover, simply because it hasn't managed to achieve anything yet, while several upstarts have already gained ground on Ethereum.
If it has failed so earlier, then the future looks bleak for NEO.
I invested in this project when each NEO was around $120 per coin, sold out when it dropped under $90, and now I can see that it's less than $10/ea.
As far as I'm aware there are almost no Dapps running on NEO, and both Tron and EOS have come along and stolen its spotlight as a competitor to Ethereum.
I don't think it will recover, simply because it hasn't managed to achieve anything yet, while several upstarts have already gained ground on Ethereum.
If it has failed so earlier, then the future looks bleak for NEO.
For me this Coin is one of the strongest coin in this space that has stood the test of time and I strongly believe that if the devs should put little more effort into the project this Coin can compete with coins like Ethereum and bitcoin.
There too were some ICOs launched over NEO blockchain but NEO has failed to tap the market. The blanket ban from China might have affected NEO to some extent but they are not growing at all. The team is still active in conferences and meetups but I haven't seen any update on the blockchain or it's token platform for quite a time now.
I can remember when I came into this space in 2016 NEO was one of the few coins I used to trade on bittrex exchange and because of that I was following up the project closely, but I don't know wassup with them lately.
i think NEO should survive, i like the way you described it by highlighting that smart contracts can be developed in other languages, i think thats its biggest selling point
does it still give GAS as PoS mechanism? i always liked that about it too, as far as chinacoins go, NEO is a dece one i think
it was a good ICO (as ANS) too, i regret selling all mine when it hit ath there a while ago, the GAS was nice to collect
does it still give GAS as PoS mechanism? i always liked that about it too, as far as chinacoins go, NEO is a dece one i think
it was a good ICO (as ANS) too, i regret selling all mine when it hit ath there a while ago, the GAS was nice to collect
Agree. The diversity in programming languages is NEO's biggest selling point yet. Unfortunately, people are focused on the big players which rely on newer programming languages that have not been tried-and-tested over the years. NEO makes smart contract development easier by making use of existing programming languages for the benefit of developers in the mainstream world. Not to mention, NEO's dBFT consensus algorithm allows for quick transaction speeds and cheaper costs for smart contract execution. With enough marketing/promotion, NEO could've been a huge contender of popular blockchain platforms like Ethereum and EOS. So far, people can earn "GAS" by simply "hodling" their NEO on a wallet. That's not possible with ETH, while EOS has a much more complicated process (resource lending) for people to start earning money right away.
With the upcoming version of NEO 3.0, things could become interesting for the cryptocurrency in the long run. We might be able to experience a "FOMO" among people in the mainstream world, as the improved version of NEO becomes a fierce rival of existing blockchain platforms (like the ones mentioned earlier). Time will tell us if investing in NEO is truly worth it or all the other way around. Just my thoughts
i think NEO should survive, i like the way you described it by highlighting that smart contracts can be developed in other languages, i think thats its biggest selling point
does it still give GAS as PoS mechanism? i always liked that about it too, as far as chinacoins go, NEO is a dece one i think
it was a good ICO (as ANS) too, i regret selling all mine when it hit ath there a while ago, the GAS was nice to collect
does it still give GAS as PoS mechanism? i always liked that about it too, as far as chinacoins go, NEO is a dece one i think
it was a good ICO (as ANS) too, i regret selling all mine when it hit ath there a while ago, the GAS was nice to collect
For once, NEO was the hottest Blockchain project in the crypto space. Prices were well above $100 per coin, and there was a lot of excitement among people within the mainstream world. With quick transaction speeds and ridiculously low fees, NEO stands up against other popular smart contract platforms like ETH and EOS. An advantage of NEO relative to its competitors is that smart contracts can be developed in various well-known programming languages such as JavaScript, Java, and Python. In the case of ETH, you'll have to learn a new programming language (Solidity) that's not as tried and tested as other languages within the mainstream world. On other hand, EOS uses WebAssembly but this language is relatively new. Mainstream developers might find it easier to develop new dApps within the NEO blockchain than either ETH or EOS.
Most recently, NEO has announced that it will be upgrading to NEO 3.0. The cryptocurrency has been rather silent since Bitcoin began decreasing in price back in 2018. This improved version of NEO might attract a lot of people into it. But the cryptocurrency needs a lot of marketing/promotion to be able to gain traction within the mainstream world.
What do you think about NEO? Will it survive? Or will fade from existence over time?
Most recently, NEO has announced that it will be upgrading to NEO 3.0. The cryptocurrency has been rather silent since Bitcoin began decreasing in price back in 2018. This improved version of NEO might attract a lot of people into it. But the cryptocurrency needs a lot of marketing/promotion to be able to gain traction within the mainstream world.
What do you think about NEO? Will it survive? Or will fade from existence over time?
Jump to: