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MoneyIsDebt
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September 04, 2017, 09:25:29 AM |
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Panic panic, already dropped to 0.0052
yea people crazy,some people buy neo 1m-1.2m and sell 600k crazy, iam buy 650k now 550k fast down panic sell, i hope rise. i think you have believe in the project the project is really amazing and the downfall for the short term doesn't really matters neo is going down day by day but i am really looking forward to it for longer term. for those who have missed the oppertunity before right now it is the perfect time for them to buy neo and fill their bags. |
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Artdealer
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September 04, 2017, 09:27:34 AM |
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This is what I call time to double down!  |
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Artdealer
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September 04, 2017, 09:29:21 AM |
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ICO's dont effect NEO, NEO is a decentralized platform like ETH
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TMAN
Legendary
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Activity: 1414
Merit: 1808
Exchange Bitcoin quickly-https://blockchain.com.do
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September 04, 2017, 09:49:44 AM |
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ICO's dont effect NEO, NEO is a decentralized platform like ETH
agreed  are smart contracts not a feature? |
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rangedriver
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September 04, 2017, 10:09:47 AM |
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ICO's dont effect NEO, NEO is a decentralized platform like ETH
agreed are smart contracts not a feature? ICOs != smart contracts. ICOs are merely a method of fund raising. |
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TMAN
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Exchange Bitcoin quickly-https://blockchain.com.do
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September 04, 2017, 10:17:37 AM |
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yea I get that bud...
actually - let me read up more on NEO. I may well be asking a retarded question
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styca
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September 04, 2017, 10:58:46 AM |
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I'm surprised by the NEO crash. I expected a drop to this level straight after the massive rise, but it didn't happen, NEO proved remarkably resilient. And then just when I thought it had shown its price to be stable, today happens...
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dennyd999
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September 04, 2017, 11:05:24 AM |
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Banned ICOs list consist from recently China ICOs which are fraudulent. This ICOs not even in top 100 coins and not even on latin language. They are pure Chines icos. NEO is not an ICO. It is an old rebranded project. I think we could buy now to make a good profit. But I am not sure offcourse. If you buy with fiat there is better alts . But with ETH/BTC Neo has falled more of them ,because it orgin from China |
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valerie_zurich
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Valerie, spokesperson for cryptocoincharts.info
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September 04, 2017, 11:12:49 AM |
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Daydream 61
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September 04, 2017, 11:29:22 AM |
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this has everything to do with these Chinese. because of the ico announcement .
and everything goes down .no more trust the next days . this is very annoying
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lissics
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September 04, 2017, 11:47:27 AM |
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I think NEO bonanza is over. Look to other coins now.
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MiBambino
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IMUSIFY - Award Winning Blockchain Music Tech
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September 04, 2017, 12:21:54 PM |
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Alright guys let me clarify what happened to the NEO price by travelling back to the beginning of this year. China temporarely closed a few major exchanges, so prices crashed hard. Now, China wants to keep its investors safe and financially stable by cracking down on scammy ICO's. As we all know, a lot of ICO's in China are being funded by NEO. No more ICO's, means no more immediate need for NEO. Is this however a longterm problem? I don't think so. I believe Neo will be up to 25/30$ by the end of this week. Why? Because 1. it's still an amazing product, 2. Red Pulse will still prove to be a very lucrative investment so anyone not from China/Singapore/USA can still make big bucks, and 3. every time a crash happens, there's always people picking up the scraps. Neo is trading at 20$ right now, almost 3 times as low as its ATH, so we'll see a lot of money pouring in.
Also, China isn't going to permanently ban ICO's, just like they didn't permanently closed the exchanges in the beginning of this year. All they want is to regulate them, but in order to implement the changes, they need to ban them, for now. Honestly no need to worry, if anything buy now, it's not going to go that much lower (we might see 15$ but don't count on it), 20$ per Neo is a hell of a deal
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aretebit
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Activity: 84
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All that glitters is not bitcoin
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September 04, 2017, 12:59:54 PM |
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Alright guys let me clarify what happened to the NEO price by travelling back to the beginning of this year. China temporarely closed a few major exchanges, so prices crashed hard. Now, China wants to keep its investors safe and financially stable by cracking down on scammy ICO's. As we all know, a lot of ICO's in China are being funded by NEO. No more ICO's, means no more immediate need for NEO. Is this however a longterm problem? I don't think so. I believe Neo will be up to 25/30$ by the end of this week. Why? Because 1. it's still an amazing product, 2. Red Pulse will still prove to be a very lucrative investment so anyone not from China/Singapore/USA can still make big bucks, and 3. every time a crash happens, there's always people picking up the scraps. Neo is trading at 20$ right now, almost 3 times as low as its ATH, so we'll see a lot of money pouring in.
Also, China isn't going to permanently ban ICO's, just like they didn't permanently closed the exchanges in the beginning of this year. All they want is to regulate them, but in order to implement the changes, they need to ban them, for now. Honestly no need to worry, if anything buy now, it's not going to go that much lower (we might see 15$ but don't count on it), 20$ per Neo is a hell of a deal
I agree, they are stating this law: " Illegal financial business activities include: fund-raising targeting not specific objects without legal approval, or other activities that the People’s Bank of China identified as illegal" So in theory if a chineese regulator aprove an ICO it will be legal. So it could be like in the USA where the SEC has to aprove it first. |
Dirty evil government thieves: Return me my money!
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myfranco
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September 04, 2017, 01:08:37 PM |
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Alright guys let me clarify what happened to the NEO price by travelling back to the beginning of this year. China temporarely closed a few major exchanges, so prices crashed hard. Now, China wants to keep its investors safe and financially stable by cracking down on scammy ICO's. As we all know, a lot of ICO's in China are being funded by NEO. No more ICO's, means no more immediate need for NEO. Is this however a longterm problem? I don't think so. I believe Neo will be up to 25/30$ by the end of this week. Why? Because 1. it's still an amazing product, 2. Red Pulse will still prove to be a very lucrative investment so anyone not from China/Singapore/USA can still make big bucks, and 3. every time a crash happens, there's always people picking up the scraps. Neo is trading at 20$ right now, almost 3 times as low as its ATH, so we'll see a lot of money pouring in.
Also, China isn't going to permanently ban ICO's, just like they didn't permanently closed the exchanges in the beginning of this year. All they want is to regulate them, but in order to implement the changes, they need to ban them, for now. Honestly no need to worry, if anything buy now, it's not going to go that much lower (we might see 15$ but don't count on it), 20$ per Neo is a hell of a deal
I agree. After everything is settled, NEO will rise even higher since it will be a more thrusted platform. |
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xenomorphe1
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September 04, 2017, 01:18:20 PM |
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I don't think the price is sinking because of China regulation. Maybe a little. But it is more because Bitcoin price is going down too. Some people are selling there coins to buy it lower so they can get more Bitcoin or altcoin. That's my opinion. The price of NEO will surely recover.
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NaXxow
Legendary
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Merit: 1000
ALT Add: APfc4bykKHxYSVkvzsLdQvmiTXvTgMiCRM
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September 04, 2017, 01:18:51 PM |
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I am not sure what really happened here, though in fact they are regulating ICOs. Most of investors really dont know what they are doing. If neo happened to be controlled by government, I am not saying it is not safe, what I am saying is politics is dirty. To invest in crypto regulated by governement is out from my portfolio.
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burdeN
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September 04, 2017, 01:24:21 PM |
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I don't think the price is sinking because of China regulation. Maybe a little. But it is more because Bitcoin price is going down too. Some people are selling there coins to buy it lower so they can get more Bitcoin or altcoin. That's my opinion. The price of NEO will surely recover.
I think it's both. NEO drop is one of the hardest because it's influenced by two reasons: bitcoin drop and china regulations. Actually china regulations is one of the reasons of bitcoin drop  |
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Minor Miner
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Be A Digital Miner
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September 04, 2017, 01:30:05 PM |
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It looks like NEO pulled ETH and then ETH pulled BTC down. And all alternate cryptocurrencies went down too.
I think that China government won't decide to take of the ICO ban in near future and we'll see july's market capitalization again.
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wasif11
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September 04, 2017, 02:28:27 PM |
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To be fair, people were open to the idea that China might suspend ICOs until regs are in place. This isn't a ban. Second, do you think NEO is dead? If so, then more power to you. If not, then nobody has lost anything until they sell. If you wanted a quick buck, then you got unlucky here. But if you are truly investing in a promising company, then the reward remains to be seen. If anything, you are promoting the loss of money. Make INFORMED decisions. If you believe in this company, hold and buy through the dips. If you have lost faith, I'd probably sell around now. We're seeing a little bump before it likely drops again. But AGAIN, make informed decisions and not decisions based of what I say.  |
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