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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: MikeyVeez on December 10, 2018, 04:43:52 PM



Title: Why NEO cant be divided?
Post by: MikeyVeez on December 10, 2018, 04:43:52 PM
Hello, yesterday I bought some NEOs because price was soo nice. But I have find out that I can send only whole number increments of NEO. I mean that you canīt send 0.2 NEO, you only can send 1NEO.
And my question is why?
Imagine the price is 1NEO=150USD and you cant send 0.2 NEO. It doesnt make a sense.


Title: Re: Why NEO cant be divided?
Post by: Elysio on December 10, 2018, 04:56:02 PM
Because there is no such property. but they will add this feature with the new update and will be divisible after that. That's why NEO is losing a lot. because investors do not divide what they buy, and they cannot transfer.


Title: Re: Why NEO cant be divided?
Post by: Thomas-s on December 10, 2018, 05:18:44 PM
this is really a big minus of this currency. This is a property that has not been changed yet, I'm not sure that this can be changed at all. I am not an expert in neo. i don't have it in my portfolio


Title: Re: Why NEO cant be divided?
Post by: 10c on December 10, 2018, 05:24:25 PM
I do not like neo. I think that whatever price it is right now you should not buy this coin. with such situation is happening in the market, I think that neo will not survive


Title: Re: Why NEO cant be divided?
Post by: MikeyVeez on December 10, 2018, 06:20:00 PM
Because there is no such property. but they will add this feature with the new update and will be divisible after that. That's why NEO is losing a lot. because investors do not divide what they buy, and they cannot transfer.
Are you sure that they will update that? I have heard that NEO cant be hard forked, so how they will do it? And do you know when does it happens approximately?


Title: Re: Why NEO cant be divided?
Post by: Meggie Diaz on December 10, 2018, 06:49:59 PM
Hello, yesterday I bought some NEOs because price was soo nice. But I have find out that I can send only whole number increments of NEO. I mean that you canīt send 0.2 NEO, you only can send 1NEO. And my question is why? Imagine the price is 1NEO=150USD and you cant send 0.2 NEO. It doesnt make a sense.
Can you tell me from where you send it, exchange or private wallet? if you send it from an exchange, maybe the rules should be like that. Because there are several exchanges that determine the minimum limits for deposit and withdrawal, or maybe because NEO are created only to make large transactions. Because I have never made a transaction using NEO, so I don't know about this clearly. So is better to ask it directly on their telegram.


Title: Re: Why NEO cant be divided?
Post by: Muhammad Muneeb on December 10, 2018, 06:51:41 PM
Because there is no such property. but they will add this feature with the new update and will be divisible after that. That's why NEO is losing a lot. because investors do not divide what they buy, and they cannot transfer.

thanks for telling i didn't had any idea that neo can not be divided.. i purchased it couple of time for just trading purposes but never tried to move it to the wallet. this is really a bad thing for such good project


Title: Re: Why NEO cant be divided?
Post by: MikeyVeez on December 11, 2018, 07:27:48 PM
Well, because nobody knows why NEO cant be divided, I did my own research :D.
And the reason why NEO cant be divided is: because it is a share (Antshare) of the company, and simply you cant divide a share ;). GAS is a classic cryptocurrency that power the blockchain and can be divided.


Title: Re: Why NEO cant be divided?
Post by: levyashin on December 11, 2018, 07:35:07 PM
It is their decision.

It becomes harder to use NEO when it gets more value.

If someday they made a fork or something i hope they add this.


Title: Re: Why NEO cant be divided?
Post by: tamango on December 11, 2018, 08:00:26 PM
Yes it's true and I don't understand why devs made this choose, it has no sense expecially if they expect a big rise of NEO price.... I hope they will implement this feature soon!


Title: Re: Why NEO cant be divided?
Post by: mustafayasinsenturk on December 11, 2018, 08:22:33 PM
One of the properties of the neon can be transferred as an integer. For this, always buy as an integer.


Title: Re: Why NEO cant be divided?
Post by: Dimm_bounty13 on December 11, 2018, 09:33:33 PM
Hello, yesterday I bought some NEOs because price was soo nice. But I have find out that I can send only whole number increments of NEO. I mean that you canīt send 0.2 NEO, you only can send 1NEO.
And my question is why?
Imagine the price is 1NEO=150USD and you cant send 0.2 NEO. It doesnt make a sense.

Sorry to get off topic, but I don't see any positive news or technical updates of NEO. I'm not sure it's developing at all! What's going on with this coin? Is it worth investing and why? Thank you in advance!


Title: Re: Why NEO cant be divided?
Post by: warrior.coins22 on December 11, 2018, 10:09:03 PM
I even see cases like the one from your story that you wrote here, that NEO coins cannot be divided  ???. Indeed, I am not a fan of NEO coins, but in my opinion this is an incident that I must understand to be used as a transaction experience. As far as I know NEO is a project with very good features.
 This is confusing to me.


Title: Re: Why NEO cant be divided?
Post by: MikeyVeez on December 12, 2018, 08:32:55 AM
Hello, yesterday I bought some NEOs because price was soo nice. But I have find out that I can send only whole number increments of NEO. I mean that you canīt send 0.2 NEO, you only can send 1NEO.
And my question is why?
Imagine the price is 1NEO=150USD and you cant send 0.2 NEO. It doesnt make a sense.

Sorry to get off topic, but I don't see any positive news or technical updates of NEO. I'm not sure it's developing at all! What's going on with this coin? Is it worth investing and why? Thank you in advance!
NEO is now currently working hard on the project and they do not post any updates on social sites.
Last year there was a big hype around this project because they announced a lot of new partnerships and so on and without news, price dropped.


Title: Re: Why NEO cant be divided?
Post by: mukabokep on December 16, 2018, 08:17:36 PM
I think the fee depends on the market. Not all transaction market fees are 0.2.
The current NEO price is $ 5.87 and if at any time you sell at a price of $ 150 USD, you will get a profit of $ 144.23 per NEO. Are you still afraid of losing 0.2 NEO?
Collecting fees for this kind of transaction is cheaper compared to a fee based on percent


Title: Re: Why NEO cant be divided?
Post by: LittleMermaid on December 16, 2018, 08:27:25 PM
The price of NEO continues to fall, looking at all the charts from some of the traders do not see the tendency of moving to the green zone...


Title: Re: Why NEO cant be divided?
Post by: OluwaTosin10 on December 16, 2018, 10:24:44 PM
I think maybe you are talking about the neo wallet because if you buy neo on any exchanges
You are able to send in and out any fees in neo without it been indivisible

I think neo latest update should have that type of feature
But can we see neo back at 100$ ?
I hope so


Title: Re: Why NEO cant be divided?
Post by: raden1922 on December 16, 2018, 10:29:47 PM
Hello, yesterday I bought some NEOs because price was soo nice. But I have find out that I can send only whole number increments of NEO. I mean that you canīt send 0.2 NEO, you only can send 1NEO.
And my question is why?
Imagine the price is 1NEO=150USD and you cant send 0.2 NEO. It doesnt make a sense.
I think this will be one of the shortcomings in the NEO feature, if it really can't be shared. This means that when dealing not only with a large nominal, but when a small scale is nominal, it must also be able to transact. I just heard this news and experience from you. I hope there will be a solution soon, especially for the developers.


Title: Re: Why NEO cant be divided?
Post by: kewlc3s on December 16, 2018, 10:33:02 PM
Yh, got some NEO as well.
Was wondering about that as well.
But as bonus for that, you will receive some GAS for holding NEO.
IMHO - NEO one of the best coins in the market.


Title: Re: Why NEO cant be divided?
Post by: kamar25 on December 16, 2018, 11:04:44 PM
it depends on which market you use, sometimes there are some markets that have such policies. like HITBTC.
if less than 1 number. it can't be withdrawn


Title: Re: Why NEO cant be divided?
Post by: BurgerCash on December 16, 2018, 11:31:29 PM
Hello, yesterday I bought some NEOs because price was soo nice. But I have find out that I can send only whole number increments of NEO. I mean that you canīt send 0.2 NEO, you only can send 1NEO.
And my question is why?
Imagine the price is 1NEO=150USD and you cant send 0.2 NEO. It doesnt make a sense.
Old name of NEO was AntSHARES.
To make it look like there's actual shares, they made them impossible to divide - similar to how stocks cannot be divided by their owners.
You don't really need to divide NEO though, only the GAS and this functionality is already available.


Title: Re: Why NEO cant be divided?
Post by: Clark05 on December 16, 2018, 11:34:55 PM
I don't know why is the reason behind that why the neo is can't divided like most of the coins. But it maybe they have purpose why they use or implement that. Maybe they have advatange and disadvatange of the neo can't divided.


Title: Re: Why NEO cant be divided?
Post by: oioioi on December 17, 2018, 01:38:56 AM
because the NEO price is now $ 5, it could be that it can't be sent, sometimes it is also related to the exchange rules you are using. maybe 0.2 already entered the cost and indeed there must be something left on the exchange.


Title: Re: Why NEO cant be divided?
Post by: crypt0.r3negades on December 17, 2018, 02:01:51 AM
I do not like neo. I think that whatever price it is right now you should not buy this coin. with such situation is happening in the market, I think that neo will not survive
I bet it will survive, Neo coin has come this far just to drop? I don't think so. And may coins right now are depending on neo blockchain. Like good coins like Nex and many more.


Title: Re: Why NEO cant be divided?
Post by: Bosmuda on December 17, 2018, 02:07:29 AM
I don't know why I don't understand why neo can't be shared, maybe because the price is low or there are other reasons, I don't know, and about that I think I've thought about it before



Title: Re: Why NEO cant be divided?
Post by: Kryten12 on December 17, 2018, 02:19:55 AM
NEO has always been like that you can only transfer whole numbers between wallets off an exchange. If however you want to keep your NEO on an exchange and trade in there then you can buy and sell decimal places of NEO without any issues.


Title: Re: Why NEO cant be divided?
Post by: indobitcoin.tk on December 17, 2018, 02:35:23 AM
the system of NEO was already like that. so maybe this is what became of Cain NEO still have a deficiency or weakness of these aspects. of this course will certainly make the imperfections in the possession of the coin so as to make the NEO into the coin is said to have not been perfect in this case.


Title: Re: Why NEO cant be divided?
Post by: organelles on December 20, 2018, 02:48:13 PM
I think this is why the coin is sparking so much confidence in the people who are investing in it, right now most of the other big coins are dealing with the problems of people actually hard forking their coins and that is not something that we have to worry about with neo, which is a good thing. I think that the fact that we do not hav to worry about the coins gives us hope