Why Neo is going all the way down?

[SmokerFace]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

Because investors who bought NEO before airdrop is dumping their coins now because they already get the ONT in their wallets just like happened on Ignis airdrop that when you buy Nxt you will receive 0.5 Ignis on every 1 Nxt and after that within just a half an hour the Nxt dumped so hard, But no need to worry Neo is a good coin just hold it and wait for another good pump.

[Cacingkemi]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

Because investors who bought NEO before airdrop is dumping their coins now because they already get the ONT in their wallets just like happened on Ignis airdrop that when you buy Nxt you will receive 0.5 Ignis on every 1 Nxt and after that within just a half an hour the Nxt dumped so hard, But no need to worry Neo is a good coin just hold it and wait for another good pump.

Its true that everybody must have sold it cause they have also got free from it and this has become a common problem,such profits will not be missed and NEO is a very good coin he will soon rise from the current price.

[BigBoy89]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

After every hyped fork, there is a corrections. This happens with NEO now, but already happened with NTX, ETC, etc.

It's normal market reaction to the dumped coins.

Does this means that NEO will still go back or recover the price? What do you think with this? I am hoping that NEO will still have the chance to go back with its normal price again just like what bitcoin has become this year, I know that before the end of the year the price will gonna multiply again.

IMO it will recover in a few months and then we will see new ATH. Many new projects are considering NEO as a platform for their ICO instead of ETH.
ETH and NEO will be the total masters of ICO market in next 12-14 months.

[makolz26]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

After every hyped fork, there is a corrections. This happens with NEO now, but already happened with NTX, ETC, etc.

It's normal market reaction to the dumped coins.

Does this means that NEO will still go back or recover the price? What do you think with this? I am hoping that NEO will still have the chance to go back with its normal price again just like what bitcoin has become this year, I know that before the end of the year the price will gonna multiply again.

IMO it will recover in a few months and then we will see new ATH. Many new projects are considering NEO as a platform for their ICO instead of ETH.
ETH and NEO will be the total masters of ICO market in next 12-14 months.

Just like Bitcoin, Eth  I am just holding NEO too, I also believe in the power of China that they do have plan foe NEO so just hold your it as much as you could, yes many plans awaiting in it so it will definitely increase in value again in the coming months.

[naidray]

While I will not rule out correction, there is also the possibility that the recent drop in price of NEO is due to concerns of the project having some underground centralisation. One of the NEO consensus nodes happened to suffered a glitch which exposed the weakness of the nodes and indicating certaing hidden layers of it being centralised. This has raised fears in the NEO community.

I am just getting a hint of this and that would be terrible, but even in that case, it is the market, and one way or the other, even with the news, it would not still prevent it from increasing in value later on, but we all know how people respond to the news of centralization anyway, using XRP as a point of contact.

Nevertheless, I am sure correction as well as the ONT airdrop concluding added to the drop in price, but what you have said will really affect holding confidence though, so I would not dispute the fact that it may be part of it.

[xhienigat]

Almost of the crypto right now is dropping hard its making correction and that is normal to happen. If you don't want to lose your money then hold NEO with you because it will bounce back and the bounce will be more. If you have the extra money then try to average down your portfolio you will gain profit if you do this but you have to know when the exact price to buy though.

[onrise]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

Because investors who bought NEO before airdrop is dumping their coins now because they already get the ONT in their wallets just like happened on Ignis airdrop that when you buy Nxt you will receive 0.5 Ignis on every 1 Nxt and after that within just a half an hour the Nxt dumped so hard, But no need to worry Neo is a good coin just hold it and wait for another good pump.

So actually the price falling is a good buying opportunity for NEO coin so that easily you can buy more coins at lesser rates and sell when the pump begins and get good gains easily. Also the coin seems to a good buy form the long term perspective as well.

[parthgajjar]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

I have had a long time watching and watching NEO's price, it can be seen that NEO's price is going to be the right price for bitcoin at the rate of change correspondingly. We can see that the bitcoin and NEO graph prices are very similar and differ only in value. Therefore, although NEO has an event, it will be dominated by bitcoin.

[pissyas]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

We can see that NEO's price chart is in line with the BTC's price chart, so we can rely on the BTC's move to trade NEO. But the current price NEO is on the sidelines. Due to an NEO-based ICO project that is experiencing bugs, this has greatly affected the reputation of NEO, causing NEO to fall. I hope that if this error is fixed soon the NEO price will grow extremely strong.

[Clark05]

I have neo right now and Im very happy for sure because the price become $500-$1000 this year 2018 so I hope many people buy this coin so the price reach that. A lot of people earn a lot of money because they know that neo is a potential coin.  More neo is good to become a millionaire for sure. I hope more new investor to neo so we can reach our target price.  If the price decrease buy more and for sure you will gain more profit.

[raj4990]

I have neo right now and Im very happy for sure because the price become $500-$1000 this year 2018 so I hope many people buy this coin so the price reach that. A lot of people earn a lot of money because they know that neo is a potential coin.  More neo is good to become a millionaire for sure. I hope more new investor to neo so we can reach our target price.  If the price decrease buy more and for sure you will gain more profit.

I am also feeling the same way. Hope it will come back strong and we will get good profit out of it.

[gribble]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

Usually if the bitcoin's price went down will be followed by almost all of alternative coins include to Neo, but just relax due to the price of bitcoin is starting up trend and usually will be followed by alternative coins too include Neo coin. So it is just about the time for Neo goes up again, i don't see about the news related with NEO coin and i think NEO's price went down is not because of the news in my personal analysis.

[Semaj123]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

We can see that NEO's price chart is in line with the BTC's price chart, so we can rely on the BTC's move to trade NEO. But the current price NEO is on the sidelines. Due to an NEO-based ICO project that is experiencing bugs, this has greatly affected the reputation of NEO, causing NEO to fall. I hope that if this error is fixed soon the NEO price will grow extremely strong.

If Btc experience some downs, I think not only Neo that will be affected but other altcoins also. We can see this in our portfolio that everytime there is a sud fluctuation of btc, the other coins tends to follow. If Neo is really experiencing some problems then maybe it maybe take more days to recover its value.

[chris200x9]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

Because investors who bought NEO before airdrop is dumping their coins now because they already get the ONT in their wallets just like happened on Ignis airdrop that when you buy Nxt you will receive 0.5 Ignis on every 1 Nxt and after that within just a half an hour the Nxt dumped so hard, But no need to worry Neo is a good coin just hold it and wait for another good pump.

I have around 50 NEO which I bought long back but didn't know that there was an airdrop going on because I bought these neo coins for long-term investment purpose so not monitoring everyday price movements. Now NEO Tracker is currently down for maintenance so I will check later whether I received any free coins or not.

[Linhkej]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

The crypto market is in a recovery phase. You should not just look at NEO, you should have a general view of the crypto market. Not just NEO, all the other altcoins are down. NEO's quality is good and not affected.
But in the case of NEO only, it's a bad sign and we should get rid of NEO before it collapses.

[BitcoinCommodor]

A correction was definitely coming. It held up "too well" in the face of a bear market, and it seems like it's going through the same corrections that most altcoins went through in the past few months.

Even without the airdrop ending, there would still have been a correction but I am sure the correction this time around may be a long one for NEO, since fundamentally, what drove the value up was the airdrop, and the traders by now after having a filled day receiving the airdrop, they are also having a filled day carting away with the profit on NEO to rebuy back at the dip. Since ONT has been listed on binance though, it seems the price has been going up, so that should be a consolation.

[raj4990]

A correction was definitely coming. It held up "too well" in the face of a bear market, and it seems like it's going through the same corrections that most altcoins went through in the past few months.

Even without the airdrop ending, there would still have been a correction but I am sure the correction this time around may be a long one for NEO, since fundamentally, what drove the value up was the airdrop, and the traders by now after having a filled day receiving the airdrop, they are also having a filled day carting away with the profit on NEO to rebuy back at the dip. Since ONT has been listed on binance though, it seems the price has been going up, so that should be a consolation.

Is the bottom for neo came or still can go more down?

[logan16j]

I invested in Neo. But from last week after ONT airdrop, its keep on sinking.
Any news???

We can see that NEO is a very potential project and can grow very strongly in 2018, NEO is the second such ETH. In addition, many projects running on the NEO platform will be launched in 2018, which is the springboard for NEO's price hikes. But you can see that there are some projects running on the NEO platform are experiencing problems and in addition to the market at the moment is also plunging so that also greatly affected the price of NEO and NEO serious decline in value.

[Leonard2016]

It is just a simple correction , like many other altcoins these days , almost non of them survived , even bitcoin , but NEO is a good platform for many developers to develop their ICOs it should recover soon.

[ajoy]

Watching the prices Bitcoin too, because many coins can way down when the Bitcoin go down of the price