NEO is falling in price why?

[Collider]

Antshares / NEO is falling in price a lot. Tell me some theories  

I believe most of the price drop is from DIECI, a new coin that is a blockchain killer app..

Here are my theories too:

1. It was a scam all along

2. NEO blockchain does not work

3. NEO is centralized

4. The real price of NEO is $0

5. DIECI's launch

6. People selling of NEO to buy into more advance project (EOS, ETH, DIECI)

What the hell?
Where did you get this information? You lost some money here and that is why you are upset about this project? DIECI is what? Another ICO?
And you are telling that EOS is better than NEO. I can say only: LOL.

[zelda131292]

Well it is slowly recovering at the moment, so i do not think that it is a fail coin or something related to that. Let's wait to see what is going to happen on the next few months, it will be touching $100 again just like last year

[george_hured]

The NEO project does not follow the general system, so its price is formed from other facts that I do not understand. I hope that people will not panic and will continue to hold their NEO coins, because this project has very serious chances to become an ETH killer.

[SeNeor]

Don't be jump in this situation, maybe it all cause of red market no currency can be stable at their recent price. Even the king Bitcoin can't have high price. Neo is just a coins and most or all coin under btc is also at dump. Don't expect anything pumping. Just sit and relax,

NEO is a hyper centralized ledger and it is quickly being replaced, nothing I have said it wrong.

Free markets.

there may be a decrease in development in NEO. so this affects the price that is in the NEO. usually also can be influenced by the level of interest decreased. so the price of this coin decreases continuously and makes it fall.

Yes, I agree with your suggestion because the level of interest affects the price of a coin and neo is not left out also the present condition of market affect all coin and not crypto alone and I believe if the market recover, coin will begin to rise and NEO will also rise.

[pavan@hosur]

NEO is holding not that bad, actually. If it will fall lower they will rebrand back to Antshares. lol. But it's not a scam, of course.

[Yudhisthir]

NEO hasn't been in the news for quite a time. There are no visible buzz about it and hence no new investors are attracted towards it. In the mean time, it's competitor are aggressively expanding with advertisement and building up of communities. It's directly reflected in the price.

[auroboros]

I think not only are the NEOs experiencing drastic price reductions, and about the NEO's declining prices, there are a myriad of factors that affect the price, such as NEO buying interest by declining investors, or because of the development of the NEO itself

[alimarh]

They are not the only coins in the market that the price goes down every day, all other coins, their prices go down as well, and this is as a result of bear market condition , you need to understand that.

[EdenDice]

All the coins went down.
Because bitcoins go down every day and cause the price of altcoin can not increase. NEO is a good coin. Probably will replace ETH in the future. This is a temporary discount due to market influence. I believe NEO in the future will have a price of 100-200$

[styca]

Antshares / NEO is falling in price a lot. Tell me some theories  

I believe most of the price drop is from DIECI, a new coin that is a blockchain killer app..

Here are my theories too:

1. It was a scam all along

2. NEO blockchain does not work

3. NEO is centralized

4. The real price of NEO is $0

5. DIECI's launch

6. People selling of NEO to buy into more advance project (EOS, ETH, DIECI)

7. The whole market fell. NEO isn't an exception, it just fell along with everything else. It's still a good project, I still hold some, and I expect it to rise again.

[deep4u]

Actually there are complications in it but nowadays there is a fall in crypto market. Neo is centralized. Neao chain does not work.

[cryptogoddessjenny]

Yeah, it's not just NEO that is falling.  Everything will recover once bitcoin goes full bull.

[Caesar-Giulius]

IMO, Neo price is dropping because of the overall bear market. Most of the coins are affected when bitcoin price fall, not Neo alone. I am still optimistic about Neo future.

[styca]

And there are encouraging signs that the long bear market may be over. We had a strong bounceback from $250 billion (whole market) a couple of months ago. And that is the price at which the latest decline stopped. It seems reasonable to see price increases in the near future.

[Pumuckel21]

I think that this is not neos fault that the price of neo coin is falling. when the neo price dropped nearly all other coins lost in value aswell so it not just neo dropping

[freim]

Do not look at Neo dropping it. I think you should hold it in your hand and it looks like it will be very valuable in the future.

[Catorabu]

we cant call it a "scam" we need to see what happens when and if market will recover over 600/700b$

[dollurs]

Not only NEO, but also every coin are now in a down market condition. So it is hard to remain stable for just one coin. I think that is the reason why even NEO is falling its price now.

[bigmelons25]

No one really uses NEO for new projects, everything is on Ethereum.  Neo won't be able to compete with ETH in the future.

[coinmaster241]

I don't think it's as you say, as far as I know NEO is platform after ETH that will increase based on number of projects that follow it. especially if government policy changes then NEO will be the main choice for enthusiastic crypto in china and etc