Author

Topic: Why has the price of NEO increased so much? (Read 3513 times)

sr. member
Activity: 462
Merit: 250
August 20, 2017, 05:01:19 PM
#41
Hype creation is really a powerful tool to increase the value of a coin. I think there is effective hyping of this coin. Aside from the good marketing skills of the team, the people behind NEO are really great. Plus the market they are targeting is not a small one but a really really huge one. That is china. More than 1/5 of the world's population comes from there.
That could explain the sudden growth,I also think that all that happened when they changed the old name of Antshares to Neo then  maybe they probably have a very active team that take care of the smallest detail.
member
Activity: 71
Merit: 10
Sold 60% of what i hold when i heard they put buying bots one the exchanges. I knew it was to good to be true. Took a chance and bought BCH

Where did you hear this?
full member
Activity: 210
Merit: 100
Sold 60% of what i hold when i heard they put buying bots one the exchanges. I knew it was to good to be true. Took a chance and bought BCH
newbie
Activity: 37
Merit: 0
First dAPP in partnership with AdEx caused excitement
sr. member
Activity: 658
Merit: 250
I think neo has the same technology like that of wave and since is Asia project many of the China traders will likely invest in it than wave. Neo price has s just began it is not in bubble yet I do believe that days to come we may see this project compete with litecoin. Now is the best time to buy when it is cheap.

In trading this mind of coin it's really nice to invest while price was still cheap, because when the price gains good price the profit will be enjoyed so much. For now I don't exact see the actual trend to swing the price again because many of the investors already buying and some of then waited for possible price increase. The demand keeps rising and only few of them were dumping an assets, yet it's not as progressive with other coins that fluctuations happened to be unpredictable. I can see neo is becoming stable for a moment, but we should be careful because it might surge higher in a few minutes which you could have a great chance to benefit the profit and earn a good selling price.
sr. member
Activity: 924
Merit: 260
I think neo has the same technology like that of wave and since is Asia project many of the China traders will likely invest in it than wave. Neo price has s just began it is not in bubble yet I do believe that days to come we may see this project compete with litecoin. Now is the best time to buy when it is cheap.
member
Activity: 71
Merit: 10
It increased so much because of FOMO, hype and FUD. When people will start realise this is just an empty altcoin, the price will plummet !

It seems like it's doing okay, it's definitely fluctuating, but that is to be expected. I mean, there has to be some reason for all the hype, right?
newbie
Activity: 2
Merit: 0
It increased so much because of FOMO, hype and FUD. When people will start realise this is just an empty altcoin, the price will plummet !
member
Activity: 71
Merit: 10
Do your DD. I'm sorry for the people who missed the train.

http://www.investopedia.com/news/china-new-ethereum-neo/

Can you stop spamming on every NEO related thread with the same opinion and link?


SO many things wrong with that article also.

Like what?

Did you read it? It has zero information in it. Plus, it reads like it was written by a child.
sr. member
Activity: 1400
Merit: 273
Hype creation is really a powerful tool to increase the value of a coin. I think there is effective hyping of this coin. Aside from the good marketing skills of the team, the people behind NEO are really great. Plus the market they are targeting is not a small one but a really really huge one. That is china. More than 1/5 of the world's population comes from there.
member
Activity: 103
Merit: 10
Do your DD. I'm sorry for the people who missed the train.

http://www.investopedia.com/news/china-new-ethereum-neo/

Can you stop spamming on every NEO related thread with the same opinion and link?


SO many things wrong with that article also.

Like what?
hero member
Activity: 574
Merit: 500
Do your DD. I'm sorry for the people who missed the train.

http://www.investopedia.com/news/china-new-ethereum-neo/

Can you stop spamming on every NEO related thread with the same opinion and link?


SO many things wrong with that article also.
full member
Activity: 192
Merit: 100
Do your DD. I'm sorry for the people who missed the train.

http://www.investopedia.com/news/china-new-ethereum-neo/

Can you stop spamming on every NEO related thread with the same opinion and link?
member
Activity: 84
Merit: 10
Do your DD. I'm sorry for the people who missed the train.

http://www.investopedia.com/news/china-new-ethereum-neo/
hero member
Activity: 493
Merit: 551
Ehm maybe worth mentioning that NEO Team was invited by a 230 billion USD heavy investment group in Japan. 2 japanese exchanges will follow. NEO has only 50 million shares in circulation Not 100 like ETH. The bull run and buy pressure is compareable to ETH run.
full member
Activity: 192
Merit: 100
Yes a big dump is comming in the next days, because of this incredible pump of the price. it happens with every altcoin, it just increase the price and then dump. It will recover but in a few months or weeks, nobody knows.
better to sell now and take the 5x return for those who bought a few days ago, and invest in another altcoin that are promising right now, like waves.
good luck


Some say that NEO will be on a bull run just like Ethereum was when it went from 20$ to 390$

I have read that too, I'm banking on it going the distance.

In my opinion you should not be making decisions based on what others have said. A lot of them are newbies with not a lot of insight/knowledge of how the market works. Another thing is that when Ethereum went from 20$ to 390$ the whole market was on a bull run and not just Ethereum. I think this is a different scenario and NEO is a bit overhyped because of its Chinese origin.
member
Activity: 71
Merit: 10
Yes a big dump is comming in the next days, because of this incredible pump of the price. it happens with every altcoin, it just increase the price and then dump. It will recover but in a few months or weeks, nobody knows.
better to sell now and take the 5x return for those who bought a few days ago, and invest in another altcoin that are promising right now, like waves.
good luck


Some say that NEO will be on a bull run just like Ethereum was when it went from 20$ to 390$

I have read that too, I'm banking on it going the distance.
full member
Activity: 192
Merit: 100
Yes a big dump is comming in the next days, because of this incredible pump of the price. it happens with every altcoin, it just increase the price and then dump. It will recover but in a few months or weeks, nobody knows.
better to sell now and take the 5x return for those who bought a few days ago, and invest in another altcoin that are promising right now, like waves.
good luck


Some say that NEO will be on a bull run just like Ethereum was when it went from 20$ to 390$
hero member
Activity: 535
Merit: 500
Yes a big dump is comming in the next days, because of this incredible pump of the price. it happens with every altcoin, it just increase the price and then dump. It will recover but in a few months or weeks, nobody knows.
better to sell now and take the 5x return for those who bought a few days ago, and invest in another altcoin that are promising right now, like waves.
good luck
member
Activity: 84
Merit: 10
Trollkids playin around who missed the NEO train. But hey no offence, only love. There is still more room to make profits.

Embrace the NEO family. Do your DD.

Tip: https://www.reddit.com/r/NEO/comments/6su31n/here_are_some_things_you_should_know_if_you_are/?st=J66X0QGX&sh=11bbeeec
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
I think everyone is promoting NEO at the moment.
This is the main reason for price booming.
I am not going to buy NEO now.
I am expecting a dump.
well if you have good judgement and knows how to play neo can be a good coin to ride with, as we seen good movements so expect some
corrections and wait for that level then buy low then sell high in order to benefits from this project or hold for long term goals and wait
for the big rise after new development got completed.
sr. member
Activity: 602
Merit: 265
My view is NEO is the Chinese market attention.


NEO is very popular in China, and is often referred to as the Chinese ethereum. With that kind of population behind it, it is easy to see why the price is doing well.
sr. member
Activity: 644
Merit: 379
I think everyone is promoting NEO at the moment.
This is the main reason for price booming.
I am not going to buy NEO now.
I am expecting a dump.
legendary
Activity: 1666
Merit: 1037
6.25 ---> 3.125
NEO continues to increase in the coming time

Be Ready!
BIG DUMP is COMING UP
sr. member
Activity: 296
Merit: 250
Thanks, seems Bittrex will give the gas they owe us.
Otherwise they ll keep for them?
Coinbase did it for bcc/bch...
newbie
Activity: 45
Merit: 0
My view is NEO is the Chinese market attention.
member
Activity: 75
Merit: 10
Please correct me if I'm wrong. I think the actual reason is that people will earn gas if they hold NEO
sr. member
Activity: 453
Merit: 251
Presale Starting May 1st
It is all about hype and community support. Chinese support it like it is new bitcoin so everyone think it as very great coin. And it is overhyped now, just before correction, I suppose.
hero member
Activity: 1540
Merit: 507
Neo is like ethereum but better. Please let me explain first before you yell at me.

1. Neo supports more programming languages, so it reaches more programmers easily. Ethereum is limited to hundreds of thousands programmers, neo's is in the millions.
2. Neo generates GAS automatically without miners.
3. Da Hongfei is a great leader. He doesnt brag, he doesnt burn ethereum for example. He praises it and also tells us why neo is technically better in details. Please watch some of his videos on youtube.
4. NEO is more secure because of dBFT.
5. You can sell your GAS for extra money, or keep it to sell it in the future, which you actually get for free.
6. For now there is no transfer fee in NEO. However this will change soon, so i think people are seeing neo as a bargain and filling their wallets with it.
7. To follow up on #1, this causes faster development and advancement. (google city of zion. Its the neo developers community)
8. NEO has a total cap of 100 million. Ethereum doesnt have a limit cap.
9. Neo doesn't depend on miners so the chance of NEO requiring a hard fork in the future is minimal.

I started investing in NEO when it was around 5 dolars. I still invest in it whenever i have the money for it. I currently own 90% neo and its now worth 4 times more than my average purchase fees.

I've stated this before and ill say it again. By the end of 2018 NEO will surpass ethereum. Mark my words, i've done my research.
But what is dBFT? and how it works? Where from the neo gets the decentralized to keep the netwok is always safe for anytime usage? I'm interested in your explanation it seems to be good for me but neo is ethereum for chinese person. But i also like that.
member
Activity: 84
Merit: 10

Neo is like ethereum but better. Please let me explain first before you yell at me.

1. Neo supports more programming languages, so it reaches more programmers easily. Ethereum is limited to hundreds of thousands programmers, neo's is in the millions.
2. Neo generates GAS automatically without miners.
3. Da Hongfei is a great leader. He doesnt brag, he doesnt burn ethereum for example. He praises it and also tells us why neo is technically better in details. Please watch some of his videos on youtube.
4. NEO is more secure because of dBFT.
5. You can sell your GAS for extra money, or keep it to sell it in the future, which you actually get for free.
6. For now there is no transfer fee in NEO. However this will change soon, so i think people are seeing neo as a bargain and filling their wallets with it.
7. To follow up on #1, this causes faster development and advancement. (google city of zion. Its the neo developers community)
8. NEO has a total cap of 100 million. Ethereum doesnt have a limit cap.
9. Neo doesn't depend on miners so the chance of NEO requiring a hard fork in the future is minimal.

I started investing in NEO when it was around 5 dolars. I still invest in it whenever i have the money for it. I currently own 90% neo and its now worth 4 times more than my average purchase fees.

I've stated this before and ill say it again. By the end of 2018 NEO will surpass ethereum. Mark my words, i've done my research.

Amen! Couldn't explain it better myself. Great work.

For very trollkid in this thread there's only one word in the NEO community; LOVE! Corrections are inherent @ trading. But NEO has the potential to become real big.
And every1 who thinks he missed the train. There is still a lot of profits to be made. I would say join the NEO family and embrace the LOVE.

Happy trading
YBL
newbie
Activity: 7
Merit: 0
It seems like it may be a lot of hype Grin Grin
full member
Activity: 420
Merit: 142
NEO is getting a lot of media attention recently since it broke the magical 1BN market cap. Many people jumping on the bandwagon, I believe there will be a correction soon.
sr. member
Activity: 504
Merit: 250
Most likely the reason would be because of too much hyped. But I think NEO is a great coin, I think it has the possibility to grow more in the future. Will be searching more about this coin and see what are its coming projects.
full member
Activity: 378
Merit: 101
Hi
I have Neo in bittrex.
Say I have 100 Neo since 1 month.
Seems Bittrex will distribute gas.
How many gas would I get? What I know is I will get about 9-12 gas per year per 100 Neo, but I don t know how many I will get when Bittrex releases them. Does possession time influences how many gas?
thank you!
Bittrex doesnot give gas.
You need to have Neo in wallet to earn gas.
sr. member
Activity: 296
Merit: 250
Hi
I have Neo in bittrex.
Say I have 100 Neo since 1 month.
Seems Bittrex will distribute gas.
How many gas would I get? What I know is I will get about 9-12 gas per year per 100 Neo, but I don t know how many I will get when Bittrex releases them. Does possession time influences how many gas?
thank you!
full member
Activity: 210
Merit: 100
Allow me to ask the experts in this thread if it is true that you only generate the most gas the first year? After that it just declines, when the blockchain gets more difficult you will only get gas every 30years or so??

If some of that is true, and i were to sell these neo shares to someone, will he/she get gas again?

I find this rather confusing.
member
Activity: 111
Merit: 10
GeoPin: Blockchain-based interface to the physical
Neo is like ethereum but better. Please let me explain first before you yell at me.

1. Neo supports more programming languages, so it reaches more programmers easily. Ethereum is limited to hundreds of thousands programmers, neo's is in the millions.
2. Neo generates GAS automatically without miners.
3. Da Hongfei is a great leader. He doesnt brag, he doesnt burn ethereum for example. He praises it and also tells us why neo is technically better in details. Please watch some of his videos on youtube.
4. NEO is more secure because of dBFT.
5. You can sell your GAS for extra money, or keep it to sell it in the future, which you actually get for free.
6. For now there is no transfer fee in NEO. However this will change soon, so i think people are seeing neo as a bargain and filling their wallets with it.
7. To follow up on #1, this causes faster development and advancement. (google city of zion. Its the neo developers community)
8. NEO has a total cap of 100 million. Ethereum doesnt have a limit cap.
9. Neo doesn't depend on miners so the chance of NEO requiring a hard fork in the future is minimal.

I started investing in NEO when it was around 5 dolars. I still invest in it whenever i have the money for it. I currently own 90% neo and its now worth 4 times more than my average purchase fees.

I've stated this before and ill say it again. By the end of 2018 NEO will surpass ethereum. Mark my words, i've done my research.

Great analysis! However I think the price at this moment increase too fast, and there should be some corrections in near future
member
Activity: 315
Merit: 12
Neo is like ethereum but better. Please let me explain first before you yell at me.

1. Neo supports more programming languages, so it reaches more programmers easily. Ethereum is limited to hundreds of thousands programmers, neo's is in the millions.
2. Neo generates GAS automatically without miners.
3. Da Hongfei is a great leader. He doesnt brag, he doesnt burn ethereum for example. He praises it and also tells us why neo is technically better in details. Please watch some of his videos on youtube.
4. NEO is more secure because of dBFT.
5. You can sell your GAS for extra money, or keep it to sell it in the future, which you actually get for free.
6. For now there is no transfer fee in NEO. However this will change soon, so i think people are seeing neo as a bargain and filling their wallets with it.
7. To follow up on #1, this causes faster development and advancement. (google city of zion. Its the neo developers community)
8. NEO has a total cap of 100 million. Ethereum doesnt have a limit cap.
9. Neo doesn't depend on miners so the chance of NEO requiring a hard fork in the future is minimal.

I started investing in NEO when it was around 5 dolars. I still invest in it whenever i have the money for it. I currently own 90% neo and its now worth 4 times more than my average purchase fees.

I've stated this before and ill say it again. By the end of 2018 NEO will surpass ethereum. Mark my words, i've done my research.

what a base 4 your research?
newbie
Activity: 15
Merit: 0
HYPE! Plus the upside is real...

The 'ethereum of china' could have a market cap the size of a small country ...oh wait it already does. A large country - truly it could be the size of Bolivia or Paraguay by this time in fall of 2017.
member
Activity: 71
Merit: 10
It seems like it may be a lot of hype, but it was named one of the top 10 cryptocurrencies of 2017, so there must be something to it.

From what I have read, a lot of people think it will eventually be worth more than ethereum. I bought some a couple of days ago and it has almost doubled in value, so that's cool.

This is a pretty interesting article about it, but it doesn't really explain all that much.

https://www.inc.com/brian-d-evans/the-ethereum-of-china-neo-is-now-a-top-10-cryptocu.html
full member
Activity: 192
Merit: 100
What is the reason behind it? What events lead to the price being increased x5 ? is regulation inevitable ?
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