What happens to Neo -18% why?

[derminator]

I have read something about a photoshop conversation fake.

Does anybody know about this?

[DRVX]

This “chinese Ethereum” is very influenced by China goverment policy. When some exchange platform were forbidden Neo (set on Bittrex and Bitfinex) was waited wouldn’t exist at all. But the full crash didn’t happen. Now currency is very unstable.

[bircoin]

All the cryptos are the same. They are growing until the news comes out. News falls asparagas comes out or does not meet expectations.

[peter27]

I think the people expected too much. Some guy twittered about three great announcements, and they all thought it had something to do with china's regulation.
But it hadn't and so they were disappointed, noone knew what the three announcements were and then this culminated into a panic selling.
It was also kind of bad marketing I think.
This was really stupid because there were lots of good news (one is the upcoming DevCon with Microsoft) and not one bad news.
But I see Neo slowly rising again. Imho Neo/Gas is very undervalued now

[Poink]

I think the people expected too much. Some guy twittered about three great announcements, and they all thought it had something to do with china's regulation.
But it hadn't and so they were disappointed, noone knew what the three announcements were and then this culminated into a panic selling.
It was also kind of bad marketing I think.
This was really stupid because there were lots of good news (one is the upcoming DevCon with Microsoft) and not one bad news.
But I see Neo slowly rising again. Imho Neo/Gas is very undervalued now

THIS ^^^

People buy with very high and unrealistic expectations (get rich quick mentality) and sell when it is not met.

Good things happened yesterday and today but is overshadowed by the unrealistic expectations.  Just HODL and wait...it will shoot up one of these days (months).

[jvdp]

I have read something about a photoshop conversation fake.

Does anybody know about this?

All the cryptocurrency has some fluctuation in value. This is one of the common problem. Most of the miners are change the another coin. This is one of the major issues in all cryptocurrency. So anyone don't panic in this coin. Past three days only fall in market. But last week it was drastic development in market. This is one of the good coin in future environment.

[TravelMug]

I think the people expected too much. Some guy twittered about three great announcements, and they all thought it had something to do with china's regulation.
But it hadn't and so they were disappointed, noone knew what the three announcements were and then this culminated into a panic selling.
It was also kind of bad marketing I think.
This was really stupid because there were lots of good news (one is the upcoming DevCon with Microsoft) and not one bad news.
But I see Neo slowly rising again. Imho Neo/Gas is very undervalued now

I haven't followed NEO for a long time now, I just saw a few when Chinese ban ICO's in September and I though I will revisit and see how it'd impact with the news. For sure NEO went down hard but has regained as of late.

But then this new announcement that didn't went into fruition so basically all those that are expecting something great did get what they waiting for so immediately sell and get out. If you are still inside and trap then the best thing is just hold on it and hope that it will soon go up.

[penig]

Profit taking and the expected "good news" didn't materialise yet. Still up on week or month view.

[Buyingallcoinsz]

Because people think there is a dump but there is actually no dump coming. Dont worry just fill your bags and enjoy the NEO ride at this low price!!!!

[SideR]

Because people think there is a dump but there is actually no dump coming. Dont worry just fill your bags and enjoy the NEO ride at this low price!!!!

I really believe in NEO, it seems there is a correction and after New Year, i think Neo will go up 2x or  >50$:)