Bitcoin Forum

The Bitcoin of Chinese-NEO has seen a noticable decrease in price and this seems not going to stop in the near future. I think this maybe a very good chance to invest some money in it. Do you guys here think so?

The reasons of the dump of NEO are clears.
What are the reasons of a future NEO pump ? I don't see anyone.
NEO is one altcoin in a sea of shitcoins, but a lot altcoins have better future.

Rubbish.China is the clear world's no. 2 biggest economy now and is still growing! This coins is going to be used in CHINA. People! Don't neglect to consider the size of a Chinese Ethereum!.... This is just the start of an epic rise in price in this cryptocurrency, it has just taken a breather around the 0.007 mark and will be worth a lot more in 2 years time. Invest now and reap the rewards later :)  ;D ;D

Agreed. The reason for the dump was simply the upcoming ICO not allowing China to participate. There have been no bans from China against all ICOs, much of what is being circulated is just FUD. On top of this, Neo was not created for the sole purpose of an ICO platform. As more developements and uses/implementations are generated, the price will continue to increase.

That is also my thinking. I also want to buy it at this time

You should learn more about the Chinese market. to avoid the worst possible risks to you

When you have neo is generate gas.

NEO is very good for a future, but it fluctuates a lot because the Chinese market dominates. China is the world is not clear  :(

Yes I would and have. Sitting on a few of them now, and I have been expecting this large drop in price. I believe the price will sit around this level for a few more days, possibly a week, then we will see it start to rise again. The rise will probably be slow and gradual at first while all this FUD news wears off but once it picks up in volume and price I expect another large rocket up, it will be a fun ride! The GAS generation is quite quite low and I would not bank on that too much.

Yes. It is super difficult to understand this coin if you don't live in China and don't know situation in county.
There is bad news that government in China wants to ban all ICO. So it quite dangerous now to invest in NEO.
You can try, but 10-30% percentages of your budget.

What happens when China bans all ICO? What will happen to the coins that had succesful ico? If the ICO gets banned, what will happen to all the tokens? Shouldnt we be looking at all this? Most importantly are we going to see price crash in all ERC20 tokens and other coins related to china?

I would advise buying Neo. China is known for using their own products, so they will prefer Neo over something like Etherium. That is why it might rise.

I think it is try to buy now and hold it for some time and when the NEO's price increased try to find the right time to sell it that you will be satisfied with the outcome of your own tradings :)

I also want to invest in Neo but I think that now its not the right time. I read about it and personally think that its a good coin with great potential. I see this coin getting bigger in the near future. I have seen that its been reaching new highs in the past weeks although now the value went a bit down. I think you should just wait for this coin to reach its lowest levels and invest. I have a feeling that the fall just began, so rather wait than lose. If you buy now and the value continue falling means that you are not benefiting from your investment. If it goes below $10 I am buying it.

yeah now its a good time to buy neo,with a liitle bit announce from their goverment about regulating ico and some dumb person sell it,its a good time to buy in cheap price,i think the price will be raise up in a month ;)

I can't imagine NEO dropping below $10 again, but I guess stranger things have happened.

I sold my NEO for OMG, so take this as you will.

China is not banning ICO's, they're just working on placing restrictions on them, and ultimately this could be a good thing. However for this to make NEO come back again as an Ethereum-like ICO platform it requires that China will allow its citizens to take part in ICO's in full force.If they don't then NEO will be dead in the water. Personally I'm not very optimistic with this, but the best time to sell has already gone, so unless you're still on profit, you might as well enjoy the ride and hope for the best.

I am not sure what to think about Neo as it is frequently pumped and dumped by whales.It may rise by 40 or 50 percent i by the en September, beginning October.

We are talkinga about PBOC here. they are known to take radical decision. Will leave you guys to that.

you should buy it and hold it for months and sell at some ridiculous high price of $200+ maybe even this year. it is solid

Good advice. Is your real name Matic?

Lets think about the BAN of ICOs.
How can one BAN virtual goods?
You can make a law for this but it is not possible to enforce it.

Even if China makes such statement which i seriously doubt, they cant stop it.
Sure ,theoretically it would bring the prices down in short term because of physiological effect.

I hope China is not that stupid to dump its own inventions and thus the economy and status of this country. I certainly hope that NEO will rise just as people predicted. I bought it for $37 or so, now it's a bit down but I believe NEO will do just fine in competing with ETH. They have ICOs and a big conference is September if I'm not mistaken. And the coin itself certainly has its advantages upon ETH is the programming languages and leadership of its creator.

Jesus 99% of the people posting here have issues reading I guess? Or they think facebook is a legit newssource... I don't know.

China is NOT banning ICO's and probably never will, l2read!

Buy huge and keep til 5x.

 ;D I hear CHINA will block ICO. no more ICO no more NEO. is that right? everyone?

I hold some neo but have a news say china block ico. is it effect to neo price? worry

NEO's current price is quite low. September will have many ICOs from NEO. I think NEO will be back in September. China probably will not be foolish to block their own ICO.

You guys should realise that buying an altcoin on its price range which close to its new ATH is definitely a bad idea. a dump always come after pump and after a dump there might be a pump or either a dump.
as what people have said so many times, buy rumours sell the news. buy when there's any speculation about plan to come out and sell when it's realized.

I bought i little much at 880500 its now down to almost 710000.  :'(
Should i be worried, or just stay impatiently strong and wait?

Yes I think you should buy NEO now and keep it for a couple of years, don't sell it right away if it increases because you might regret your decision once its pumps higher than your expected price. Just leave it for a couple of years then go back to it and see if how much you've profited.

the price is really good to invest in it right now and i think it will show some good result in the future but i am looking for it first ico coming this week and i am intersting in its token and willing to get much more token and bonus as well. red pulse is really good and it looks really promising project and i think it will rise 1000% in the future.

I think this is a solid advice since it is backed by the chinese and they surely wont let the project die and it will gain in value

It will not happen, China is a cradle where bitcoin and altcoin thrive. Therefore, the ICO will be public and accepted, it will not be prohibited for any reason.

Neo will be a monster! Now is the best time to buy, it will do great in September.

If i was you i should buy NEO now and keep it because i know it will rise up just trust and you will catch the fruit of labor after a few months of waiting you will enjoy what will happen in the future without any doubt.

U should buy it and keep it for one year at least to see it growing. Neo in my valuable is worth $100. So it is still has a room to growrth. But in some news i read about ico regulation in china it makes me feel little bit pesimistic..

New laws on China will be awesome for NEO.

NEO likely be bullish?
Since NEO originated in China and already abides by the proposed rules, NEO would be associated with quality and functionality. China’s first public Blockchain could become China’s premier digital platform.

the reason for neo's fall is that they are considering banning ICO's entirely in China. here is a link to some info about it : https://bankinnovation.net/2017/08/new-china-regulations-could-ban-icos/

I don't think it's the right time to buy NEO now. It used to be a high potential coin but now it's future is not clear when you consider the things happening in China market. So i suggest you to wait a bit before investing in NEO.

Enjoy the bloodbath. Expected this.

https://www.cnbc.com/2017/09/04/chinese-icos-china-bans-fundraising-through-initial-coin-offerings-report-says.html

the price has gone to $20 right now but i think i am really looking forward to invest when it reach to $10 and i think it will.  if you consider the bann of ico by china i think it will really effect the price of most popular coin of china and it will also create oppurtunities to the buyer to buy at such a low price and i think we have to wait a little more and wait for the price to go below $10 and then invest as much as we can in neo.