Whats happening with NEO ?? Why its price going Down???

[niisarearning]

I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.

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[arjuna BTC]

I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.

now a lot of money move to bitcoin, so altcoins price will down, but for a good project like NEO
i think, this down price only for a while,, just increase your patience, and you will see NEO price back above $10 again mate

[The Sceptical Chymist]

now a lot of money move to bitcoin, so altcoins price will down, but for a good project like NEO
i think, this down price only for a while

I think that's exactly what's happening--a lot of money people are using for crypto investment is being funneled into bitcoin and out of altcoins.  I've definitely seen that happen a number of times in the past, and what that tells me is that now might be a great time to buy some decent alts, and NEO is one of them.  In fact, I just purchased a few the other day on Binance and can't withdraw them yet because of the hack.

OP, I wouldn't worry so much about short-term price movements like this.  NEO is a solid altcoin, and it's one of a very small handful that I actually own.  The crypto market is extremely volatile and sometimes prices just sink like this.  I'd say buy some more NEO if you have some extra money, but at the very least don't sell in a panic.  The price will recover.

[niisarearning]

now a lot of money move to bitcoin, so altcoins price will down, but for a good project like NEO
i think, this down price only for a while

I think that's exactly what's happening--a lot of money people are using for crypto investment is being funneled into bitcoin and out of altcoins.  I've definitely seen that happen a number of times in the past, and what that tells me is that now might be a great time to buy some decent alts, and NEO is one of them.  In fact, I just purchased a few the other day on Binance and can't withdraw them yet because of the hack.

OP, I wouldn't worry so much about short-term price movements like this.  NEO is a solid altcoin, and it's one of a very small handful that I actually own.  The crypto market is extremely volatile and sometimes prices just sink like this.  I'd say buy some more NEO if you have some extra money, but at the very least don't sell in a panic.  The price will recover.

But is called as Chinese version of etheteum also it had a rumour of Chinese government support now i don't see any stone support for neo how can believe it will grow like previous . Any proper insight on this coin

[redsun114]

I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.

I can't really say what exactly is happening to neo but I think the price of the coin is falling because of competition, the competition we now have in the crypto space is so much and it's dividing the attention of investors to focus on so many coin making it difficult for a coin to grow so much in price this days until they can come up with something new in the market to make the investors take their eyes off other projects and focus on the neo blockchain.

[Umkar]

Judging by the fact that the price of Bitcoin is rising while the price of almost all altcons either drops or slightly increases, you should think about buying some coins of those projects that can be called promising and strong, like NEO. Perhaps the price that we see now is the lowest and in the future it will only grow.

[Altcoins enthusiast]

I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.

Neo and waves were in competition before but now it is going down more and more everyday.  I invested in Neo end of 2017 and I do make little profits when selling in January 2018. I believe it is going to recover and it might not be this second quarter but the third quarter of the year.

[X-ray]

I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.

It's not underrated but it has lost its rated due to the bad development progress that created by NEO foundation and look at the fact how so many project buiilds in NEO has been massively moving their platform towards another smartcontract platform. Another dump will come for NEO and this will be back into the medium or even shitty coin. Sell your NEO before its too late.
I have warned everyone about this. NEO comes to its end.

[asder250]

It is the worst time for altcoins now. 
There is one recommendation for all altcoin holders: HODL! Soon you will see also growth of these coins. We only need to see that Bitcoin confirm the upcoming bull market.

[niisarearning]

I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.

It's not underrated but it has lost its rated due to the bad development progress that created by NEO foundation and look at the fact how so many project buiilds in NEO has been massively moving their platform towards another smartcontract platform. Another dump will come for NEO and this will be back into the medium or even shitty coin. Sell your NEO before its too late.
I have warned everyone about this. NEO comes to its end.

Is there any reason behind that I have myself invested on neo also I recommended my friends to buy NEO . Even I feel same I think it’s better to sell some of my holdings.

[ajqjjj]

I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.

It's not underrated but it has lost its rated due to the bad development progress that created by NEO foundation and look at the fact how so many project buiilds in NEO has been massively moving their platform towards another smartcontract platform. Another dump will come for NEO and this will be back into the medium or even shitty coin. Sell your NEO before its too late.
I have warned everyone about this. NEO comes to its end.

Is there any reason behind that I have myself invested on neo also I recommended my friends to buy NEO . Even I feel same I think it’s better to sell some of my holdings.

NEO project is really attract the many investors so still all are holding the coin. But If you feel it will never move to forward in future it is your expectation. This month is good to raise all the crypto so wait and see this month or your wish. I think end of the year many altcoins are growing well so end of the year some positive update is possible.

[semes]

Some platforms, for some reason, have not made a significant improvement for the last 2 years. NEO is one of them. Could not make the necessary development. Like ADA, ETH and some other coins.

[Vit83]

Selling alts now at current price IMHO not a great IDEA. Even not very successful alts will start to grow when altseason will come. Hold NEO for a long time and stoped HODL because I don't see any new projects on their blockchain, and look like newcomers will beat them. 

[Erickan]

The capital is shifting to bitcoin, the market is witnessing the outstanding growth of bitcoin. Therefore, the capital flow from altcoin will be poured into bitcoin, which may cause the price of NEO to down. But I think now is the best time to pay attention and hold  altcoins. So the price of NEO drops is a good opportunity, you should not be too worried.

[zgrdyg]

NEO is getting used lesser and lesser every day.

After China ban crypto, NEO got crippled, and every day it is going worse.

[Questat]

NEO is still the same project, and it's a good project based on my evaluation.
The price currently is just due to the long bear run, you cannot just look at NEO, most altcoins dropped, even ETH now trading at over 100 usd when during the bull run, it was able to trade over $1,000.

NEO's AT was around $160 usd, dropped to $10 now (rounded), it's the same trend that happens to ETH as well.

[Kelvinid]

NEO is getting used lesser and lesser every day.

After China ban crypto, NEO got crippled, and every day it is going worse.

I've never thought of this downtrend has its cause because of China's issues regarding crypto. It is a market design, in fact, for how many times that China banned crypto but still, prices go up and down.
NEO has a good market history and this fall will be over shortly.

[Vektrum]

NEO is getting used lesser and lesser every day. After China ban crypto, NEO got crippled, and every day it is going worse.

I can not believe that such a promising project as NEO has lost interest from investors and has fallen in price so much. Coins of many projects have fallen in price, but I would never have thought that NEO would also drop. Perhaps the team will change the strategy, new investors will come and the project will get a new life, but now I feel disappointed.

[bitcoin31]

Just relax and neo will rise again, but for now the value is under $10 but I believe to the NEO that will turn back to $100 this year.
I think Neo need more time to recover so just relax and keep holding your neo in your wallet.
I hope soon Neo will rise more than $10 and possible next week turn to $20 each Neo.

[Vit83]

NEO is getting used lesser and lesser every day. After China ban crypto, NEO got crippled, and every day it is going worse.

I can not believe that such a promising project as NEO has lost interest from investors and has fallen in price so much. Coins of many projects have fallen in price, but I would never have thought that NEO would also drop. Perhaps the team will change the strategy, new investors will come and the project will get a new life, but now I feel disappointed.

They need a lot of new projects on their blockchain. Now I don't see any projects there. There are very few news about them. Hope they will change their PR politics.

[Cnut237]

I would echo what others have said, that the price drop in NEO is mostly a symptom of the overall market trend, which for the last year and a bit has been for prices to fall everywhere. What we are seeing now is the beginnings of a bull run... these often start with BTC rising quickly, after which alts will also rise.

So at the moment we are in the stage where BTC rises fast. In the past the pattern has been that once BTC slows down, people move into alts and alt prices increase too... so I think it is mostly just a matter of time.

[ethereumhunter]

I guess neo is following the other altcoin which is down because of bitcoin can jump to the higher price. But soon, neo and the other coin will be increased too, and there is no doubt for this. But the problem is we don't know when neo can increase because of it still a mystery for us to predict the time. The only chance we can do now is getting prepared to sell at a high price and don't forget to set the alarm before the price increases.

[sockpuppet1911]

It is the worst time for altcoins now.  
There is one recommendation for all altcoin holders: HODL! Soon you will see also growth of these coins. We only need to see that Bitcoin confirm the upcoming bull market.

It's really not. Worst time is on the top if you are buying it. Best time to buy is on the bottom. And that's now imho.

[bonker]

I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.

everything needs time so we need to wait for sometime to achieve the best value for the future otherwise we cannot get the successful life still it getting better so waiting will only give the success for you.

[klaaas]

It's really not. Worst time is on the top if you are buying it. Best time to buy is on the bottom. And that's now imho.

That is the best case scenario but i dont see any signs yet that it will rise to the rates it had last year. With btc taking its ride it could get some up steam on the short term at most.

[muratsink]

I think the NEO only needs time to improve the situation after a long bearish period.  if the NEO is a good coin, then the NEO will be able to reach $ 160 again this year.  I thought.  bullish comes very fast.  and it looks like.  the development of the NEO is very slow after bearish.

[8rch7]

maybe some of the assets of NEO holders are now turning towards bitcoin, because now the price of bitcoin has started to rise, this is an opportunity for them to get profit from bitcoin.

[zgrdyg]

NEO is getting used lesser and lesser every day.

After China ban crypto, NEO got crippled, and every day it is going worse.

I've never thought of this downtrend has its cause because of China's issues regarding crypto. It is a market design, in fact, for how many times that China banned crypto but still, prices go up and down.
NEO has a good market history and this fall will be over shortly.

It sure can go up and down but if you see the long trend after China issue started, NEO is going down. Not continuously but the way it goes is down.

Neo needs projects on its blockchain but nearly none of them are prefering them.

[VanDeinsberg12]

maybe some of the assets of NEO holders are now turning towards bitcoin, because now the price of bitcoin has started to rise, this is an opportunity for them to get profit from bitcoin.

It's not only maybe but that's the fact that already happened, not only for bitcoin but some neo holders are sticking their NEO portfolios to another coin. this is a usual thing when there was a bullish market and NEO didn't get a huge impact. people are starting to speculate another coin and leaving NEO for a while or they will never came back again if there was no such a potential growth in NEO platform.
that's the rule of crypto when there was no a coin that can't even create a good progress. Traders and investors are watching it anytime.

[nedjuly]

I have the same opinion as many here. This is a matter of time. And soon, along with the growth of other altcoins, NEO will grow. So far, only BTC is growing significantly. NEO is a promising token

[sockpuppet1911]

It's really not. Worst time is on the top if you are buying it. Best time to buy is on the bottom. And that's now imho.

That is the best case scenario but i dont see any signs yet that it will rise to the rates it had last year. With btc taking its ride it could get some up steam on the short term at most.

Fundamentals haven't changed, it's just a result of a normal bear run. Lot's of people leaving, but new ones will come back and will see the same potential. We already have a way higher starting point for the next run.

[Vit83]

It's really not. Worst time is on the top if you are buying it. Best time to buy is on the bottom. And that's now imho.

That is the best case scenario but i dont see any signs yet that it will rise to the rates it had last year. With btc taking its ride it could get some up steam on the short term at most.

Fundamentals haven't changed, it's just a result of a normal bear run. Lot's of people leaving, but new ones will come back and will see the same potential. We already have a way higher starting point for the next run.

IMHO fundament changed very much. There are a lot of new competitors with smart contracts and isn't the best one IMHO. They need to increase activity as I think or they can lose this game with all their holders.

[Adriano2010]

I think it drop because people who hold Neo start selling their holdings for bitcoin, and i think if a bull run will come later then Neo still can grow and give a good profit, because some people will still buy and hold.

[joshy23]

I think it drop because people who hold Neo start selling their holdings for bitcoin, and i think if a bull run will come later then Neo still can grow and give a good profit, because some people will still buy and hold.

There's still people who will buy and hold this coin even the value drops, for those who really believes and support this project buying while the price is dropping will serve as a good starting point to accumulate more, investors who have a wide knowledge about this project will keep this coin and hold,
the chance of being hyped after bitcoins pumped will be the guide to keep waiting.

[pieppiep]

I think it drop because people who hold Neo start selling their holdings for bitcoin, and i think if a bull run will come later then Neo still can grow and give a good profit, because some people will still buy and hold.

Cryptocurrency prices such as the NEO are down because of the influence of bitcoin prices and the influence of developments in their platforms, when there is no development at all and demand starts to decrease, prices will drop like this.

[omonuyak]

Neo that went as high as 196 dollars in January 2018, is now below $15 to be precisely it is currently at $12.11 and that is really very bad for those that buying then and are still holding. Neo is one of the most dumping coins last year ending and that is seriously affecting it growth.

[Vit83]

Neo that went as high as 196 dollars in January 2018, is now below $15 to be precisely it is currently at $12.11 and that is really very bad for those that buying then and are still holding. Neo is one of the most dumping coins last year ending and that is seriously affecting it growth.

They must do something with this. I don't remember any new projects on their blockchain for last few months. Where I can see such info?

[Siren]

I was big time believer of NEO after ethereum i thought NEO will be the platform will largely used for smart contract creation . As like some of the projects use NEO platform like Ontology became huge hit even though Neo is under rated or still trading under 10$ what is the reason behind this.

Sorry but without China around?NEO will die since this is what they called a Chinese ethereum ..this is sad but I think the true face of those cryptocurrency

Neo that went as high as 196 dollars in January 2018, is now below $15 to be precisely it is currently at $12.11 and that is really very bad for those that buying then and are still holding. Neo is one of the most dumping coins last year ending and that is seriously affecting it growth.

That’s really a serious word,most dumping coin of 2018 end year,I used to hold this great coin before until the price starts to dump and dump and leave me no choice but to sell and turn to another set of currency

[consideritdone]

ive moved on to the other related projects ontology
while neo still has chance, but i feel ontology has more movements
https://www.coingecko.com/en/coins/ontology

[darewaller]

Neo that went as high as 196 dollars in January 2018, is now below $15 to be precisely it is currently at $12.11 and that is really very bad for those that buying then and are still holding. Neo is one of the most dumping coins last year ending and that is seriously affecting it growth.

They must do something with this. I don't remember any new projects on their blockchain for last few months. Where I can see such info?

Most of these old coins that looked promising like NEO, ADA and the rest are really losing it and I am beginning to think their time has expired already, maybe they have finally given up to newer projects that came with a solution better than theirs, and moreover, I have told people severally that the problem of some of these coins are still themselves.

These coins are too much in the market and the competition that exist amongst them is so strong and takes only the very best of them to survive, within the next 1 to 2 years, I see over 500 old projects dyeing off the market completely as they no longer have new innovations.

[criket]

That’s really a serious word,most dumping coin of 2018 end year,I used to hold this great coin before until the price starts to dump and dump and leave me no choice but to sell and turn to another set of currency

I think you choose the right choice if you immediately sell assets that go down and switch to other assets that might be more able to withstand market conditions. Unfortunately the conditions in 2018 are very difficult where almost all assets in our market can see a decline.

[airdagon]

My advice is to remain calm, because all of that has time, the time to fall and the time to get up NEO is a good coin that has a clear ptoyek, so this is all just a matter of time

[maxreish]

Remember that the characteristics of a crypto coin is the volatility of the prices. If for some reason, NEO is not yet preforming huge pump, don't worry because there will always a time for that coin to bull run. I also have a trust in this coin. Relax, dude. It is not the end of the world and we can just still hodl neo until it will move up.

Have you heard about the recent news and predictions about NEO? Let me give you some speculations from this site.

• https://www.cryptonewsz.com/neo-price-analysis-neo-predictions-news-and-chart-may-28/22060/