| NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10

[Ashara]

you are wrong!
Why should the Chinese government invest in NEO, while they can create a similar platform with full control?
They are easily lead people on their way, because they are dictate their demands, and the Chinese people are obedient.  

Satoshi Nakamoto does not even exist. It was merely an intelligence operation to replace the USD Dollar with an alternative without real value. China and Russia are in conflict with Western powers because they do not want a unipolar world and China and Russia will introduce gold backed (fairly) decentralised national cryptocurrency and then you can put your Bitcoin where it belongs: In the trash bin. The Bitcoin cult comes up with terms such as 'mining' and you feel the need to promote it as a 'golden coin'. It is just hashing, but of course that does not sound sexy, now does it? It is all just propaganda. Bitcoin is heavily infested with a NSA, CIA and Worshipful Company of Information Technologists presence....not that that means anything to you. When countries start to introduce asset backed currencies NEO will still be standing as it is a smart contracts platform that adds value to the real economy that is fully compatible with all facets of real commerce and governments, but Bitcoin, Bitcoin Cash, Monero, OmiseGo, Dash and many others will die out. Of course you will not want to believe that and I would not want it any other way. Why do you think various intelligence agencies have already been researching cryptocurrencies and blockchain for the last fifteen years? That is longer than Bitcoin exists.....think that is for no reason at all?

You talk about China being so much in favour of centralisation, but you obviously have no clue that the USA is far more centralised and the Great Britain has the City of London as sovereign state that has more power than England in many regards. The PBOC has taken care far better of its population than the Federal Reserve. There have been no free markets in the Western world for a long time with the Plunge Protection Team, the Exchange Stabilisation Fund and other chicanery such as naked short selling and derivatives.

For the financial powers of this world, it does not matter if centralisation without value backing, centralisation with value backing or decentralisation without value backing is used. All can be manipulated to greater or lesser extent. The only thing that cannot be manipulated is decentralisation with value backing. That is what will kill Bitcoin, but not NEO as NEO fully accommodates that on its platform. Look back a few years and Bitcoin had 90% market dominance. It has now already dropped below 50% and once NEO shows its full potential it will drop even far more. People in the real world will want price stability.....most people currently do not understand that, but that is why most cryptocurrencies are all first generation cryptocurrencies and they have no clue how second or third generation cryptos would differ from the ones that are currently around. Bitcoin also is held hostage by miner influence. Anyone who mines has influence and yet the average user has no influence. You call that fair? It does not even matter whether miners are untrustworthy....they all have a vote, whether anyone likes it or not. Bitcoin can also be forked indefinitely and therefore is no stable currency at all. Anyone who is not a complete idiot clearly sees that for what it is: inflation. How long before we have 10 different Bitcoins....each alleging to be more legitimate than the others? And with each fork, people will notice it more and more for the fraud that it is. NEO on the other hand does not fork and neither does NEO pretend to be all kinds of things that it is not. You stay on the Bitcoin ship and sink with it. Or will you jump of it like a rat when it will start sinking? I expect you to jump.....the pure Bitcoin supporters are not the most honourable bunch as they will use twisted arguments to further their own agendas (read: wallet), not unlike central bankers.

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[BlockHell]

Hey guys! I downloaded the Neo Wallet, exactly the same as CryptoOracle did in that video (https://www.youtube.com/watch?v=grDqETNwACU) really easy, but I would like to ask you a question:
- If I never forget my password what should I store in case I need to login in other computer? Only the db3 file? He talks about that at the end but I don't quite understand so I prefer ask to you guys

Thanks very much

[dura ace]

Well, NEO pc wallet that you installed on your machine is not exactly a wallet itself without .db3 file. That .db3 file is wallet, and NEO GUI or NEO CLI are just programs that handle .db3 files. You need to make a copies of .db3 file on usb flash or cd-rom, wherever you like and store them safely (not just in one location). Same thing with password, write somewhere and keep safely. Do not store your .db3 file on your machine, that would be a bad idea.

[Rogerdale]

How do I transfer anything from my web wallet (https://neowallet.cn/)? On Transfer page I enter destination address, then type value, click "Confirm Transfer" and... nothing happens.

[alay1388]

It's sale period on most coins LOL!!! This is a good moment to buy. Don't be afraid the market will recover shortly probably at the end of the month. It's improbable that China will ban ICOs since Neo is a smart contract platform and ICOs are fundamental for its success. Though I would wait to buy since I think prices will go lower. This is my prediction so don't take this absolute truth!

[Ashara]

Hey guys! I downloaded the Neo Wallet, exactly the same as CryptoOracle did in that video (https://www.youtube.com/watch?v=grDqETNwACU) really easy, but I would like to ask you a question:
- If I never forget my password what should I store in case I need to login in other computer? Only the db3 file? He talks about that at the end but I don't quite understand so I prefer ask to you guys

Thanks very much

Technically you would only need the .db3 file and its password (which you do not need to store if you do not forget it as you state). Alternatively you can write down the private keys associated with your wallet and store them in a very secure location and never share them. There are some ways to get the private key as safely as possible (without keyloggers or other spyware), but you might want to check out a special guide for that. If you decide to do that, you will want to run an anti-virus program and anti-malware program first and then you might want to disconnect from the internet before checking your private key.

Personally I would not store .db3 files or private keys on one's computer for added security. Some also encrypt files, keys or passwords for even more security.

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How do I transfer anything from my web wallet (https://neowallet.cn/)? On Transfer page I enter destination address, then type value, click "Confirm Transfer" and... nothing happens.

Personally I know very little about those webwallets. You might want to check out the main thread for such questions if you cannot get the answer here: https://www.reddit.com/r/NEO/comments/6tl7ej/support_wallet_questions_neoneonweb_hardware/

[Rogerdale]

How do I transfer anything from my web wallet (https://neowallet.cn/)? On Transfer page I enter destination address, then type value, click "Confirm Transfer" and... nothing happens.

Personally I know very little about those webwallets. You might want to check out the main thread for such questions if you cannot get the answer here: https://www.reddit.com/r/NEO/comments/6tl7ej/support_wallet_questions_neoneonweb_hardware/

Well, that's a real solid coin indeed, worth of 1.7 billion, where I need to ask advice on Reddit to transfer coins... Shame on them.

Ok, I have public and private key. How can I import them in the desktop wallet?

[MrSunshine]

Virtual Currencies Expected to be Regulated in China on October 1st

https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

This is great news for NEO.

[jdlr]

do I have to keep my wallet open at all times to stake and receive GAS ?

[jhannlenris]

The future for NEO is bright, as the world begins to understand the complexity and simple elegance that is built into the NEO blockchain system. NEO will continue to gain market share (as already evidenced), and may surpass even Bitcoin in terms of its market share. As companies, investment firms, programmers and others realize the power and versatility of NEO, it may well grow to be the largest cryptocurrency in the world. Its design and features have positioned NEO to be massively successful in the coming years.

[Rogerdale]

Is anybody using neowallet.cn? Is transferring funds working?

[thelonecrouton]

is there a lite client for desktop

Try https://github.com/CityOfZion/neon-wallet/releases

[MrSunshine]

do I have to keep my wallet open at all times to stake and receive GAS ?

No, just keep the coins in your wallet closed and it will accumulate GAS. You can see how much GAS you have claimed or accumulated via this address: https://neotracker.io/address/YourWalletNeoAddress

[MrSunshine]

why do you take neo and gas?

I don't understand the question.

[zis700]

i noticed the great updates for neo gas and i am happy to see this progress!The recent price is also very happy

[jerryv31]

What's the easiest (and least expensive) way to take the GAS I've accumulated in Neon wallet and convert it to NEO?  I've got accounts with Poloniex and Bittrex.  Thanks.

[Call_Me_Bambi]

i noticed the great updates for neo gas and i am happy to see this progress!The recent price is also very happy

Yes, everyone buying in for the RPX ICO starting next week. I just stocked up on a few more.

[Call_Me_Bambi]

What's the easiest (and least expensive) way to take the GAS I've accumulated in Neon wallet and convert it to NEO?  I've got accounts with Poloniex and Bittrex.  Thanks.

Poloniex & Bittrex do not trade in GAS, the only exchange I know of (I think there may be other Chinese ones) that deals in GAS is Binance.
https://www.binance.com/trade.html?symbol=GAS_BTC

[jerryv31]

What's the easiest (and least expensive) way to take the GAS I've accumulated in Neon wallet and convert it to NEO?  I've got accounts with Poloniex and Bittrex.  Thanks.

Poloniex & Bittrex do not trade in GAS, the only exchange I know of (I think there may be other Chinese ones) that deals in GAS is Binance.
https://www.binance.com/trade.html?symbol=GAS_BTC

Poloniex does trade GAS but not NEO, Bittrex NEO but not GAS.  Would it make the most sense to go through Binance then?

[Jayjay04]

Morpheus wallet is soon to be ready, this will be help both Gas and Neo to go mainstream !! can't wait