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Author Topic: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10  (Read 185441 times)
R136a1
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August 07, 2017, 05:24:23 AM
 #101

The only thing that worries me about NEO is that development team holds 50 millions coins and will likely sell them on the market one day to support development.

https://neo.org/en-US/Blog/Details/21

Quote
Restricted Circulation
The total amount of ANS is 100 million while 50 million of them are restricted in circulation. This 50 million ANS will be hold by the Antshares team but cannot be circulated in any way within 1 year after the formal release of the Antshares Blockchain while CAN be used for cyber security reasons of the Antshares Blockchain.

1 year after the formal release, this 50 million ANS (and AntCoins generated by them) could be used for the support of the Antshares Eco-System. Such support may include but not limited to Antshares-related crowdfunding sites, exchanges, wallets, gateways, developers, team incentives, marketing, advisors of specialized fields, etc. But they cannot directly be traded on an exchange.

In principle, the distribution of this restricted 50 million will not exceed 15 million per year.

_______________________________________________________________________________ _______________________________________________________________________________ _______________________

I don't really believe in building a new economy using smart contracts. Wink

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August 07, 2017, 06:34:29 AM
 #102

What is happening with the anc coin of neo? I see it is renamed to Gas? Check coinmarket:

https://coinmarketcap.com/assets/antcoin/#markets
Time to buy gas my friends?
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August 07, 2017, 06:53:57 AM
 #103

I wonder what caused such a stir?
It seems that people buying NEO did not finish reading their description.
Just see the item User-Controlled Identity Authentication



I hope you understand that there is no user verification on the ETH platform  Smiley

Just imagine that in bitcoin user verification was introduced to confirm the ownership of your account.
I think the market reaction to this event would be unambiguous  Wink

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August 07, 2017, 07:04:19 AM
 #104

The performance in the last two days was so strong that I wouldn't have lost the coin, so I got a big profit

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August 07, 2017, 07:22:20 AM
 #105

Just imagine that in bitcoin user verification was introduced to confirm the ownership of your account.

The word "may" is significant in your quoted paragraph ("users may apply..."). This is the paragraph immediately before the one you quoted--you may find it enlightening:

Quote
Users should be able to authenticate with their true identity when required by the parties involved in a trade or by the laws of the jurisdiction of the trade. Meanwhile, the range of publication of such identity information should be user-controlled. Any third party outside of the trade should not be able to acquire such information. Moreover, identity authentication should be made optional, rather than mandatory [emphasis mine]. When parties involved in a trade do not require autonyms from the counterparty, users should not bear the hassle.
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August 07, 2017, 07:34:28 AM
 #106

Just imagine that in bitcoin user verification was introduced to confirm the ownership of your account.

The word "may" is significant in your quoted paragraph ("users may apply..."). This is the paragraph immediately before the one you quoted--you may find it enlightening:

Quote
Users should be able to authenticate with their true identity when required by the parties involved in a trade or by the laws of the jurisdiction of the trade. Meanwhile, the range of publication of such identity information should be user-controlled. Any third party outside of the trade should not be able to acquire such information. Moreover, identity authentication should be made optional, rather than mandatory [emphasis mine]. When parties involved in a trade do not require autonyms from the counterparty, users should not bear the hassle.

In my opinion, for verification your possession of an account is enough ordinary digital signature (a signed message sent from your wallet).
It has long been implemented in bitcoin protocol and is used in many crypto currencies.
An attempt to identify the user (as the owner of a particular account) is not accidental.
In the future, this will facilitate the tracking of financial flows and allow supervisors to impose taxes and charges on the owners of such accounts.
A very dangerous step for this crypto currency..

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August 07, 2017, 07:50:46 AM
 #107

In my opinion, for verification your possession of an account is enough ordinary digital signature (a signed message sent from your wallet).
It has long been implemented in bitcoin protocol and is used in many crypto currencies.
An attempt to identify the user (as the owner of a particular account) is not accidental.
In the future, this will facilitate the tracking of financial flows and allow supervisors to impose taxes and charges on the owners of such accounts.
A very dangerous step for this crypto currency..

Again, this is optional. If the user chooses to make a transaction that requires identification, that is their prerogative (and, indeed, not accidental as you say). The user is free to take the "dangerous step" if they wish; they are also free to avoid transactions that require ID if they wish. Giving users a choice is not itself a "dangerous step". On the other hand, building a platform that allows for a diverse range of transaction types, from anonymous to authenticated, seems like rather a safe choice in terms of utility and real-world application. At the moment, the market appears to agree.
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August 07, 2017, 08:11:07 AM
 #108

The performance in the last two days was so strong that I wouldn't have lost the coin, so I got a big profit

Whatever you say, 1 billion cap is too much to me for a project not completed yet. If we consider dev's 50 millions, the cap will be 2 billions which is more than NEM's cap. And NEM is a completed project and most people think it is still overpriced although it's price dropped much from its highs.
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August 07, 2017, 08:18:40 AM
 #109

At the moment, the market appears to agree.

Of course, the market is always interested in the growth and influx of new investors  Smiley
Analysis and reflection begin when the price goes down.

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August 07, 2017, 09:50:58 AM
 #110

im confused ..

just transfered some Neo( from the old antshares wallet) to bittrex to sell some. When you do that you have to click on antshares on the asset tab and your balance is filled in automaticly. So the first time it gave the correct balance but when I tried to send another time and did the same steps my balance is way less?? The balance in the main screen is correct but when I try to tranfer any coin it gives a wrong balance Huh

With my other wallet account I also send some to bittrex and wanted to check if my blance there was also wrong  when trying to send new funds but I cound't click antshares in the asset tab anymore, its just blanc Huh

FACTOM   OMISEGO   NEO   MAIDSAFE   DECRED   DASH   BLOCKNET   XTRABYTES
Call_Me_Bambi
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August 07, 2017, 10:17:34 AM
 #111

im confused ..

just transfered some Neo( from the old antshares wallet) to bittrex to sell some. When you do that you have to click on antshares on the asset tab and your balance is filled in automaticly. So the first time it gave the correct balance but when I tried to send another time and did the same steps my balance is way less?? The balance in the main screen is correct but when I try to tranfer any coin it gives a wrong balance Huh

With my other wallet account I also send some to bittrex and wanted to check if my blance there was also wrong  when trying to send new funds but I cound't click antshares in the asset tab anymore, its just blanc Huh

On Bittrex ANS is gone, it's now renamed NEO.
In your bittrex wallet select the search option and type in NEO, your coin should now show up (don't have ANS/NEO on bittrex anymore so I can't check if this will work).

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August 07, 2017, 10:29:22 AM
 #112

didnt have anything to do with bittrex my desktop wallet just spaced out when i restarted everything was back to normal. was flipping out to fast I think .. for a second I thought omg what if I am hacked but that is hardly possible since I keep it in coldstorrage 99.99% of the time

FACTOM   OMISEGO   NEO   MAIDSAFE   DECRED   DASH   BLOCKNET   XTRABYTES
Call_Me_Bambi
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August 07, 2017, 10:37:29 AM
 #113

Question:

(1) Can I send just the GAS accrued in my desktop wallet to Binance so I can sell it for more NEO.
(2) Must the GAS be in whole numbers like NEO, e.g. If I sent 1.2 GAS will only 1 arrive at Binance.

Thanks.

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August 07, 2017, 10:50:09 AM
 #114

Here is what i think is going to happen.

NEO has been in development since 2014 same as ETH, it launched a year later after ETH.
In its core, it is a complete project. It has many many things(as commandant Lasard would say) to improve and implement, but it is all rounded and complete unlike most project that are jet to be finished.

It will have dips and rises but not a critical dips, 10-20%, 30% most. Chinese are starting to see and notice NEO and will buy it more than ETH.

On the other hand for the ICO if the NEO will rise more than ETH percentage wise, more ICO will be on NEO and the price will increase and it would be closed circle.

Not far from now most of the exchanges will introduce NEO, maybe even Coinbase.

As for wallet in white paper it is stated in ecosystem that a hardware wallet is planned for future, now i dont think it would be any of the hardware wallets we now but one from some local manufacturer.

NEO team has to increase and it will for sure.

This could be  the first coin in history that increase relatively steadily with minor dips which represent opportunity to buy more.

As for the price i dont know but i see NEO in 5th or 4th plane in market cap before this year ends.
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August 07, 2017, 11:12:32 AM
 #115

Just imagine that in bitcoin user verification was introduced to confirm the ownership of your account.

The word "may" is significant in your quoted paragraph ("users may apply..."). This is the paragraph immediately before the one you quoted--you may find it enlightening:

Quote
Users should be able to authenticate with their true identity when required by the parties involved in a trade or by the laws of the jurisdiction of the trade. Meanwhile, the range of publication of such identity information should be user-controlled. Any third party outside of the trade should not be able to acquire such information. Moreover, identity authentication should be made optional, rather than mandatory [emphasis mine]. When parties involved in a trade do not require autonyms from the counterparty, users should not bear the hassle.

In my opinion, for verification your possession of an account is enough ordinary digital signature (a signed message sent from your wallet).
It has long been implemented in bitcoin protocol and is used in many crypto currencies.
An attempt to identify the user (as the owner of a particular account) is not accidental.
In the future, this will facilitate the tracking of financial flows and allow supervisors to impose taxes and charges on the owners of such accounts.
A very dangerous step for this crypto currency..

While I agree that it would be bad if all crypto went in this direction, in China it may be required, so I think this is a strong plus for NEO.
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August 07, 2017, 11:17:23 AM
 #116

Question:

(1) Can I send just the GAS accrued in my desktop wallet to Binance so I can sell it for more NEO.
(2) Must the GAS be in whole numbers like NEO, e.g. If I sent 1.2 GAS will only 1 arrive at Binance.

Thanks.


1) Yes
2) GAS is divisible unlike NEO, so no need to just send whole number amounts as I understand it (disclaimer I have not tried sending GAS myself however)
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August 07, 2017, 11:36:15 AM
 #117

Gas (anc before) is also trading now: https://coinmarketcap.com/assets/antcoin/#markets

You can buy on 19800.com great potention because new market are adding this coin Smiley
Volumes getting higher now  Grin
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August 07, 2017, 12:11:28 PM
 #118

I love NEO, but the wallet is a shit ..

It looks like a 90s software.

You just changed the logo ....

When I see ARK, I'm sorry but there is a world of difference!

Please make an effort on that!

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August 07, 2017, 12:13:33 PM
 #119

I love NEO, but the wallet is a shit ..

It looks like a 90s software.

You just changed the logo ....

When I see ARK, I'm sorry but there is a world of difference!

Please make an effort on that!

wait for this..

We are finalizing our rebranding process. Look forward to August 8th, when we'll unveil our brand new website↓ and release a wallet update!

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August 07, 2017, 12:29:43 PM
 #120

I love NEO, but the wallet is a shit ..

It looks like a 90s software.

You just changed the logo ....

When I see ARK, I'm sorry but there is a world of difference!

Please make an effort on that!

wait for this..

We are finalizing our rebranding process. Look forward to August 8th, when we'll unveil our brand new website↓ and release a wallet update!

what are the new features of the wallet?  would love ledger or trezor support  2fa?
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