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Author Topic: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10  (Read 185167 times)
revelacaogr
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November 20, 2017, 10:12:27 AM
 #2101

out of topic
worth read

ECB Proposes End To Deposit Protection

http://www.zerohedge.com/news/2017-11-19/ecb-proposes-end-deposit-protection

It is the 'opinion of the European Central Bank' that the deposit protection scheme is no longer necessary:

'covered deposits and claims under investor compensation schemes should be replaced by limited discretionary exemptions to be granted by the competent authority in order to retain a degree of flexibility.'
To translate the legalese jargon of the ECB bureaucrats this could mean that the current €100,000 (£85,000) deposit level currently protected in the event of a bail-in may soon be no more. But worry not fellow savers, as the ECB is fully aware of the uproar this may cause so they have been kind enough to propose that:

"...during a transitional period, depositors should have access to an appropriate amount of their covered deposits to cover the cost of living within five working days of a request."
So that's a relief, you'll only need to wait five days for some 'competent authority' to deem what is an 'appropriate amount' of your own money for you to have access to in order eat, pay bills and get to work.

The above has been taken from an ECB paper published on 8 November 2017 entitled 'on revisions to the Union crisis management framework'.

It's 58 pages long, the majority of which are proposed amendments to the Union crisis management framework and the current text of the Capital Requirements Directive (CRD).

It's pretty boring reading but there are some key snippets which should be raising a few alarms. It is evidence that once again a central bank can keep manipulating situations well beyond the likes of monetary policy. It is also a lesson for savers to diversify their assets in order to reduce their exposure to counterparty risks...........
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mapie88
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November 20, 2017, 11:00:52 AM
 #2102

Despite my hate for those bureaucrats, I have to say they just might do us a favor... They say that investors should diversify Tongue

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November 20, 2017, 12:27:04 PM
 #2103

Marketing department guy:



Source: https://twitter.com/fredafrica2012/status/932568976739241984
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November 20, 2017, 01:57:50 PM
 #2104

I am obviously very happy about NEO's price action lately but, in hindsight, I hope they won't make any more "announcements of announcements" in the future. Just look at Neo's and Malcom Lerider's twitter accounts: they're full of freaking morons commenting, saying that they believed all sorts of rumors, from "China unban", "NEO will be the only ICO platform allowed in China", "NEO on Bithumb" and worse. Jeez!

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November 20, 2017, 02:29:01 PM
 #2105

Is this the announcement that they meant? Seriously?  Huh Cheesy Roll Eyes

https://twitter.com/NEO_Blockchain/status/932615357289902080
Delphinus
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November 20, 2017, 02:33:27 PM
 #2106

Is this the announcement that they meant? Seriously?  Huh Cheesy Roll Eyes

https://twitter.com/NEO_Blockchain/status/932615357289902080

I'm waiting for something BIG to happen as well... Sad

rodmanqs
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November 20, 2017, 02:49:36 PM
 #2107

Learn how to make pumps in NEO  Wink. The sea of rumors very positively influenced the course. Perhaps the good news is still on the way. And today we will get them  Huh

xenomorphe1
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November 20, 2017, 02:57:36 PM
 #2108

Is it the news which provoke the pump? Huh
https://neo.org/competition.html

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November 20, 2017, 02:58:53 PM
 #2109

Is this the announcement that they meant? Seriously?  Huh Cheesy Roll Eyes

https://twitter.com/NEO_Blockchain/status/932615357289902080

I'm waiting for something BIG to happen as well... Sad


That's not the big news, Frederick from the Neo team confirmed the big news is yet to be released

https://mobile.twitter.com/fredafrica2012/status/932615844932341760

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November 20, 2017, 03:11:48 PM
 #2110

I am obviously very happy about NEO's price action lately but, in hindsight, I hope they won't make any more "announcements of announcements" in the future. Just look at Neo's and Malcom Lerider's twitter accounts: they're full of freaking morons commenting, saying that they believed all sorts of rumors, from "China unban", "NEO will be the only ICO platform allowed in China", "NEO on Bithumb" and worse. Jeez!

Agreed. Imo, "announcements of announcements" are not good.

But the reason for my comment is to ask if anyone could please clarify these conflicting information I found about NEO and OnChain:

https://www.reddit.com/r/NEO/comments/6uuwyv/a_response_to_fake_matrix_article/
In this post, u/neo_council states that Onchain was founded on 2016 and that NEO started in May 2015

https://hackernoon.com/neo-onchain-and-its-ultimate-plan-dna-4c33e9b6bfaa
This post says NEO started on February 2014 and that OnChain was founded "in response to the attention from private companies garnered by the development of Antshares"

Onchain website shows a Roadmap starting in 2014: http://www.onchain.com/en-us/

https://www.reddit.com/r/NEO/comments/6tf8cp/lets_talk_about_onchain_and_summarise_their/
This post says "OnChain started in 2014 to develop blockchain technologies and its application"

Can someone clarify these information?
Thank you
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November 20, 2017, 06:31:57 PM
 #2111

My theory? 4 hours ago, the first fake news was released, then 2 hours ago the second fake, an hour ago the third fake.

4, 2, 1. Each time the release-period gets cut in half

In half an hour the real news consisting of 3 parts will be released. That is the only logical way this hype could be played out brilliantly by the team...

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November 20, 2017, 06:34:47 PM
 #2112

NEO and Ontology Distributed Trust Network present partnership
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November 20, 2017, 07:30:51 PM
 #2113

My theory? 4 hours ago, the first fake news was released, then 2 hours ago the second fake, an hour ago the third fake.

4, 2, 1. Each time the release-period gets cut in half

In half an hour the real news consisting of 3 parts will be released. That is the only logical way this hype could be played out brilliantly by the team...


Sadly enough it is not true... It should have been perfect. My conclusion: the NEO-guys that where tweeting got a lot of people pissed off and very tired. Get your timeline correct, and don't promise things that are actually old news. What about Loopring?

I did not sleep well for almost 4 days. Amateurs. I am certain that I am not alone. Just glad I didn't buy more NEO.

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November 20, 2017, 08:13:14 PM
 #2114


I heard the announcement was going to involve Microsoft dapp competition?  Anyone hear otherwise?


Nothing actually special. One more announcement tomorrow. But im not expectaing anything big.

https://neo.org/blog/details/3034

Told ya! Wink
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November 20, 2017, 09:02:48 PM
 #2115


I heard the announcement was going to involve Microsoft dapp competition?  Anyone hear otherwise?


Nothing actually special. One more announcement tomorrow. But im not expectaing anything big.

https://neo.org/blog/details/3034

Told ya! Wink

and you think this must lead to pump ? LOL

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Branko
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November 20, 2017, 11:38:19 PM
 #2116


I heard the announcement was going to involve Microsoft dapp competition?  Anyone hear otherwise?


Nothing actually special. One more announcement tomorrow. But im not expectaing anything big.

https://neo.org/blog/details/3034

Told ya! Wink

and you think this must lead to pump ? LOL


Are we reading same post? Where did he mention anything about pump?

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November 21, 2017, 12:01:33 AM
 #2117

just bought 102 NEO.I know this coin has got lots of potential.Going to hold for 6 months


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Mr.Robot-
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November 21, 2017, 12:26:10 AM
 #2118

You bought at the wrong time dude. Its skydiving
neonomad
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November 21, 2017, 02:22:34 AM
 #2119

Twitter link under the heading 'NEO Community' in the ANN is wrong.

https://twitter.com/NEO_Bloackchain should be https://twitter.com/NEO_Blockchain

nhabaotre
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November 21, 2017, 03:18:46 AM
 #2120

You bought at the wrong time dude. Its skydiving

You right, it's wrong time to buy now.
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