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Author Topic: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10  (Read 182861 times)
BuHoBeH
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September 02, 2017, 05:12:28 PM
 #941

Looks like another big hit on NEO:

https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

Chinese regulator says that only 1% of ICOs is legitimate, and more than 90% are scam.

And how does it harm NEO? It's just that NEOs will be held by ICOs that do not violate laws and will not steal.
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September 02, 2017, 05:43:26 PM
 #942

Looks like another big hit on NEO:

https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

Chinese regulator says that only 1% of ICOs is legitimate, and more than 90% are scam.

You are completely wrong, this is a big POSITIVE for NEO. NEO has anti-money laundering and know your customer built in - they are not targetting scam ICOs, they want to attract the 1% of legitimate ones.

NEO will only have the best of the best while ETH will continue to be the shit ICO machine that it is.
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September 02, 2017, 06:36:06 PM
 #943

Looks like another big hit on NEO:

https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

Chinese regulator says that only 1% of ICOs is legitimate, and more than 90% are scam.

You are completely wrong, this is a big POSITIVE for NEO. NEO has anti-money laundering and know your customer built in - they are not targetting scam ICOs, they want to attract the 1% of legitimate ones.

NEO will only have the best of the best while ETH will continue to be the shit ICO machine that it is.

1% of ICOs is maybe one ICO in 2 months. It cannot support 2 billion market cap.
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September 02, 2017, 07:32:36 PM
 #944

Can someone please help with a problem i have. I sent from my Neon wallet to Bittrex Exchange 40 Neo tokens, but by mistake sent them to Neoscoin Address. Is there any way to retrieve them or are they lost forever. Any insight would be greatly appreciated.
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September 02, 2017, 07:36:35 PM
 #945

Looks like another big hit on NEO:

https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

Chinese regulator says that only 1% of ICOs is legitimate, and more than 90% are scam.

No, it looks like NEO is the perfect platform for regulating ICO's for Chinese participants.

https://cointelegraph.com/news/neo-to-benefit-from-chinese-ico-regulations

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September 02, 2017, 07:46:20 PM
 #946

I hope that neo also rise soon as eth a few months ago.
I personally would be happy  Cool Wink

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September 02, 2017, 07:57:42 PM
 #947

Looks like another big hit on NEO:

https://www.coindesk.com/report-chinas-regulators-close-taking-action-icos/

Chinese regulator says that only 1% of ICOs is legitimate, and more than 90% are scam.

You are completely wrong, this is a big POSITIVE for NEO. NEO has anti-money laundering and know your customer built in - they are not targetting scam ICOs, they want to attract the 1% of legitimate ones.

NEO will only have the best of the best while ETH will continue to be the shit ICO machine that it is.

1% of ICOs is maybe one ICO in 2 months. It cannot support 2 billion market cap.

That increases the market cap instead of decreases it. You can always buy the Useless Ethereum Token if you have a problem with ensuring investor safety in all things that involve NEO. This will only give investors confidence that none of their invested money is being squandered. There is no point in giving various ICOs $100 million dollars or more when they needed $10 million at most to develop the entire concept. All this ensures is that every dollar invested works optimally to the benefit of investors. I have enough confidence in the NEO developer community across the world to provide all kinds of valuable smart contract dAPPs. Most people do not realise it, but we are still in the earliest stages of smart contracts with only the very simplest of them being applied so far. Their real value is yet to show itself and that will happen. People who actually study the work of Nick Szabo will see how much more the smart economy can be developed. Ethereum took various huge hits such as when the DAO hack and subsequent Ethereum Classic hardfork took place, when the network could not handle all the ICOs on the network due to its initial PoW choices and when there was the flash crash. None of this added confidence and the various ICO scams who all get accepted without any due diligence also lower confidence in that platform. It is also about respectability to all involved in a certain platform. NEO thinks more longterm than most competitors and of course in the short term that might appear detrimental, but in the long run that is extremely beneficial.

Also take note of how you apply your math. It is stated that 90% are scams which implies 10% are legitimate. Of those 10% however only 1% actually raise the correct amount of funds to conduct their business (not excessive). The other 9% prefers to raise far more funds than they could justify and whilst they are not outright scams, the authorities do not like to see this behaviour. If I have to think of an example of this, I think of EOS. It raised an incredible amount and it really cannot justify it. Such excesses are not necessary. Even Berkshire Hathaway has a most modest website....it shows that even if your company is still valued more than all cryptocurrencies together that you do not need to excessively squander funds.

So the authorities intend to block the 90% of the scams which leaves 10%. You have to keep in mind that blockchain technology is developing very fast and more and more people seek to add value in this sector. Once regulation is in place, most scammers will not even try. In their place legitimate entrepreneurs will come. I thus do not see the number of ICOs decreasing. When given time, the number of legitimate ICOs might actually surpass the total number of ICOs we see at the present. There are about a 1000 cryptos out there currently. Most of them have very small teams and they do not need very large teams. In case every ICO team would have 20 members, then it still would amount to only 20,000 people which is not vast for a truly large industry. Of course the largest cryptos in practice can have teams numbering thousands of people, but for most that is not the case. In the future we might actually see millions of people employed in blockchain technology.
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September 03, 2017, 02:01:41 AM
 #948

If you want to participate in the first ICO on NEO, you need to register on the Red Pulse RPX KYC whitelist before Sept 10. https://coin.red-pulse.com/kyc/
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September 03, 2017, 02:09:10 AM
 #949

neo has a little dip, after 5 sept it will gonna rise again
Why? What's going to happen on September 5?

Well I don't know what's happening on September 5th, but on September 10th the Red Pulse Token (RPX) ICO is starting and it is only accepting NEO; this will mean that those wishing to participate in the ICO will either have to already have NEO and/or, and this is more likely, will have to buy NEO to participate in the ICO. This will result in a boost in the price of NEO as everyone rushes to buy NEO for the RPX ICO, and as NEO is in a bit of a dip at the moment this is a great time to buy - I've stocked up on some more for the RPX ICO.

RPX ICO Web site:
https://coin.red-pulse.com/


Will be interesting to see how this goes. I sold my Neos very cheaply Sad

At least I got a good amount for my Gas. (I'm sure a lot of people are in my boat since they never gave any thought to the Gas)
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September 03, 2017, 06:41:53 AM
 #950

how many neo do you have to to get some decent gas production atm i have 36 it produced 0.05 gas in 4 days can i assume 36x20=720x4=2880=1 gas a day? i am not a einstein Grin

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September 03, 2017, 08:40:53 AM
 #951

how many neo do you have to to get some decent gas production atm i have 36 it produced 0.05 gas in 4 days can i assume 36x20=720x4=2880=1 gas a day? i am not a einstein Grin

for the 100th time

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Registered for Red Pulse. Good entry point for anybody looking to buy in.
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September 03, 2017, 11:05:37 AM
 #952

It is very good approach to support and launch only legit ICO projects. There are countless ICO's finished and running which have nothing to deliver in real life but empty and fancy promises. Neo is taking good line from now onward because in future these ICO's are going to be regulated anyway to protect investors specially smaller ones.

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September 03, 2017, 03:04:24 PM
 #953

If you want to participate in the first ICO on NEO, you need to register on the Red Pulse RPX KYC whitelist before Sept 10. https://coin.red-pulse.com/kyc/

No, you have to register until September 7:
"The form will be closed on Sept 7 0900 EDT / 1300 GMT / 2100 CST. No submissions will be allowed after that, and the form will not be available."
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September 03, 2017, 03:46:45 PM
 #954

Guys, pls, clarify to me about tx fee with NEO. I know that when I transfer NEO from Bittrext  it is undivisible. What if I'm gonna send NEO from my wallet to participate in Red-Pulse ICO? It's the same here? What is the fee on the Neotracker wallet?
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September 03, 2017, 03:50:28 PM
 #955

seems like a good time to buy up on NEO  Wink
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September 03, 2017, 03:52:45 PM
 #956

Guys, pls, clarify to me about tx fee with NEO. I know that when I transfer NEO from Bittrext  it is undivisible. What if I'm gonna send NEO from my wallet to participate in Red-Pulse ICO? It's the same here? What is the fee on the Neotracker wallet?

If you are sending from your wallet, send only round numbers and this will be exact amount the RP will receive, no fees
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September 03, 2017, 10:29:37 PM
 #957

It will be very sad if the high price for NEO was kept only at the expense of manipulations and ICO..

Diamond The best investment in your future! ✧ it's 35% POS and 65% Msternode ✧
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September 03, 2017, 11:42:37 PM
 #958

It will be very sad if the high price for NEO was kept only at the expense of manipulations and ICO..

It was a very big pump for sure. We'll see a long stable price only some time after such huge moves...

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September 04, 2017, 02:29:39 AM
 #959

Create an address in my Neon wallet (has NEO on it)......i then downloaded and synced the Neo Gui .....i then imported the private key from the address in my Neon wallet...the problem i have is it doesnt display any Neo in the Neo-Gui wallet...any reason for this?..anyway to force an update with current Neo on that private key?
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September 04, 2017, 02:58:41 AM
 #960

Can someone please help with a problem i have. I sent from my Neon wallet to Bittrex Exchange 40 Neo tokens, but by mistake sent them to Neoscoin Address. Is there any way to retrieve them or are they lost forever. Any insight would be greatly appreciated.


NOPE.. Those are gone foever. Sadly. I am really really sorry But you just dumped about $1200 down the drain
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