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Author Topic: Neo can be future crypto rival  (Read 542 times)
niisarearning
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June 18, 2020, 06:09:09 AM
 #1

We cant deny NEO and its price . It is POS based smart contract creation platform already in a place . Also having max supply limit of 100 million it is the current status
But my assumption ( There is no Proof) . As it is a china based smart contract creation platform china already looking for USD alternative also in the run of competing with USA and its alies . Ethereum already known to be USA investment . May china start investing and promoting NEO instead of developing new . Its just a possibility . So we cant simply ignore neo.
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June 18, 2020, 06:56:25 AM
 #2

Neo is a very bullish and responsive altcoin to Bitcoin movement, that's why I personally like Neo, very good for trading too, to me it's so undervalued today but tomorrow is yet to come, it's china's favorite over Ethereum but we will see how things go 

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June 18, 2020, 07:05:30 AM
 #3

China has already released its own digital yuan and that means china doesn't even need the help from NEO to do that.

China was even doing the opposite thing like forced NEO to refund all of its investors. I think that you must read the old news about NEO. China is not even supporting NEO.


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June 18, 2020, 08:11:55 AM
 #4

One of the best smart contract platform ever created. Next to ethereum I am bullish too about this project and seeing them progress slowly is a huge achievement. I am holding few of neo coins and I believe if there is an altcoin that could reach or near the status of ethereum it will be neo.

I dont believe China are the majority investors of neo, there are lots of users around thr world that support and hold massive neo coin mostly on Asia and Europe.

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June 18, 2020, 08:32:03 AM
 #5

China has already released its own digital yuan and that means china doesn't even need the help from NEO to do that.

China was even doing the opposite thing like forced NEO to refund all of its investors. I think that you must read the old news about NEO. China is not even supporting NEO.
Is NEO not decentralized? How can china government support NEO? Of course they won't, china supporting Neo is from the people not the gov, NEO kick ass, more reliable than ethereum to me, very good altcoin for trading and profits
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June 18, 2020, 08:33:26 AM
 #6

So Neo is the direct rival for Ethereum. The odds are in favour of ethereum, it already built some reputation since it is known in the crypto space and also in the mainstream media. On top of that neo is about to release its POS system.  

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June 18, 2020, 08:40:45 AM
 #7

China has already released its own digital yuan and that means china doesn't even need the help from NEO to do that.

China was even doing the opposite thing like forced NEO to refund all of its investors. I think that you must read the old news about NEO. China is not even supporting NEO.
Not only for the NEO project, most cashew projects are banned in China. Although they are creating their own currency, but they still do not support bitcoin and other altcoins. And I also believe that NEO will never be able to compete with ETH, ETH is much more reliable

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June 18, 2020, 08:57:30 AM
 #8

I lost my interest in NEO, yeah thats right digital yuan might kill the need of having NEO in China. But if Digital Yuan is a stable coin that is another story. But if Digital Yuan is a stable it can still help to introduce people to other crypto currency.

China has already released its own digital yuan and that means china doesn't even need the help from NEO to do that.

China was even doing the opposite thing like forced NEO to refund all of its investors. I think that you must read the old news about NEO. China is not even supporting NEO.
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June 18, 2020, 09:11:32 AM
 #9

First, they will support their money and it is the digitalized Yuan.
I doubt they would want another name for it to be called.
It's traditional, so it must not be changed.

NEO.
An option. That is the only chance they will support this.
They would like their name written on it when it becomes valuable and Yuan should be it.

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June 28, 2020, 09:52:19 PM
 #10

We cant deny NEO and its price . It is POS based smart contract creation platform already in a place . Also having max supply limit of 100 million it is the current status
But my assumption ( There is no Proof) . As it is a china based smart contract creation platform china already looking for USD alternative also in the run of competing with USA and its alies . Ethereum already known to be USA investment . May china start investing and promoting NEO instead of developing new . Its just a possibility . So we cant simply ignore neo.

thats only your assumption right ?
because the fact ethereum still stand as the best altcoin now and in the future, thats my opinion buddy

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June 28, 2020, 09:59:15 PM
 #11

Even the NEO is so popular in the Asia region, you never know who wins the final battle for the dominant position in the market. Currently, Ethereum looks much stronger than anytime before. The number of transactions on the ETH network constantly growing, which means that people more and more use Ethereum for payments, which correlates with the adoption of ETH.  Smiley

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June 28, 2020, 10:28:14 PM
 #12

Even the NEO is so popular in the Asia region, you never know who wins the final battle for the dominant position in the market. Currently, Ethereum looks much stronger than anytime before. The number of transactions on the ETH network constantly growing, which means that people more and more use Ethereum for payments, which correlates with the adoption of ETH.  Smiley

absolutely right, maybe neo is good altcoin but in my opinion this altcoin is will never better than ethereum from all sides


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June 28, 2020, 10:36:45 PM
 #13

Even the NEO is so popular in the Asia region, you never know who wins the final battle for the dominant position in the market. Currently, Ethereum looks much stronger than anytime before. The number of transactions on the ETH network constantly growing, which means that people more and more use Ethereum for payments, which correlates with the adoption of ETH.  Smiley

absolutely right, maybe neo is good altcoin but in my opinion this altcoin is will never better than ethereum from all sides


The china's government never tried to support the blockchain project that has the possibility to disrupt their financial system and they were banning it to be operated on its region and I have been seeing some projects that have gone.

NEO is not a good altcoin anymore.

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June 28, 2020, 10:40:39 PM
 #14

We cant deny NEO and its price . It is POS based smart contract creation platform already in a place . Also having max supply limit of 100 million it is the current status

I will agree that NEO is really  a good and solid coin. And there is a lot of hype around it and up to this day it remained in the top ten.

But my assumption ( There is no Proof) . As it is a china based smart contract creation platform china already looking for USD alternative also in the run of competing with USA and its alies . Ethereum already known to be USA investment . May china start investing and promoting NEO instead of developing new . Its just a possibility . So we cant simply ignore neo.

Yes, it is a China based smart contact and has been in the crypto space for so long already. In the beginning it was said to be the Ethereum Killer, but up to know it didn't live to it's up. And it doesn't matter if it's China or US based. Ethereum has been the prime mover and it's hard to challenge it, despite so many good alternatives out there. And with Ethereum 2.0, it will be hard for others to remain relevant because for sure, it will push the price of Ethereum with this new release in July.

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June 28, 2020, 11:26:00 PM
 #15

It has been several times that NEO is considered the promising rival of the ETH, and moreover the BTC.
However, until now, this crypto doesn't give a big impact or even a promising system that can ensure and attract more people as investors and also use the platform. So far, ETH is still better for this kind of system.
However, if it is related to what happened in China, I think that it will not give a big impact because the country also has their own digital coin. however, if China will also concern about NEO, will it give a big influence on the ETH? probably yes, but it may not big enough. ETH still becomes the biggest platform that most projects use it. But of course, we cannot determine what will happen tomorrow. 

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June 28, 2020, 11:47:14 PM
Last edit: July 01, 2020, 06:57:01 PM by StephenJH
 #16

Even the NEO is so popular in the Asia region, you never know who wins the final battle for the dominant position in the market. Currently, Ethereum looks much stronger than anytime before. The number of transactions on the ETH network constantly growing, which means that people more and more use Ethereum for payments, which correlates with the adoption of ETH.  Smiley

absolutely right, maybe neo is good altcoin but in my opinion this altcoin is will never better than ethereum from all sides


NEO is really a great coin, and also most people prefer NEO for trading, no doubt it is profitable. Some people think that NEO is the rival for ETH, but l don't think that there can be an altcoin, which can overcome ETH. As you above mentioned NEO can not be better than ETH in all respects. That means ETH investment is more profitable than in NEO investing. But it is just my prediction, maybe somebody prefers investing in NEO.

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June 28, 2020, 11:52:12 PM
 #17

In my own opinion, neo does not look like a certain crypto rival, it looks more like a coin that divides opinion amongst investors, there is no significant adoption of the platform and likewise, there is no form of surge in price of neo
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June 28, 2020, 11:54:26 PM
 #18

We cant deny NEO and its price . It is POS based smart contract creation platform already in a place . Also having max supply limit of 100 million it is the current status
But my assumption ( There is no Proof) . As it is a china based smart contract creation platform china already looking for USD alternative also in the run of competing with USA and its alies . Ethereum already known to be USA investment . May china start investing and promoting NEO instead of developing new . Its just a possibility . So we cant simply ignore neo.

China is good competitor in many aspects enough to make assumption like this. But since we are discussing here about crypto which is a volatile thing, I could say that the assumption could possess no chance except for neo would just remain to where it is right now.

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June 28, 2020, 11:56:54 PM
 #19

Even the NEO is so popular in the Asia region, you never know who wins the final battle for the dominant position in the market. Currently, Ethereum looks much stronger than anytime before. The number of transactions on the ETH network constantly growing, which means that people more and more use Ethereum for payments, which correlates with the adoption of ETH.  Smiley

absolutely right, maybe neo is good altcoin but in my opinion this altcoin is will never better than ethereum from all sides


NEO is really a great coin, and also most people prefer NEO for trading, no doubt it is profitable. Some people think that NEO is the rival for ETH, but l don't think that there can be any altcoin, which can overcome ETH. As you above mentioned NEO can not be better than ETH in all respects.
There’s a good opportunity for NEO to take over the top altcoins place but ETH will not that to happen because we are in a market where competition is very high and every coin should continue to grow to stay on where they are especially on the top spot.

NEO has a good potential over the years and I believe if they are more consistent with the growth then probably people will recognize this great technology. The competition is too big, they have to be more creative just like what BNB are doing right now.

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June 29, 2020, 12:14:28 AM
 #20

We cant deny NEO and its price . It is POS based smart contract creation platform already in a place . Also having max supply limit of 100 million it is the current status
But my assumption ( There is no Proof) . As it is a china based smart contract creation platform china already looking for USD alternative also in the run of competing with USA and its alies . Ethereum already known to be USA investment . May china start investing and promoting NEO instead of developing new . Its just a possibility . So we cant simply ignore neo.

This is just conspiracy though, it doesn't make sense if a coins is back by certain government, if this is the case then US should be taking over because majority of the project originated from them. And it also doesn't mean that just because NEO is China based smart contact, it will have the full support of the Chinese government.

If you are familiar with this Chinese Global Public Chain Index or CCID, they published every month or every quarter, Chinese publishes their evaluation of coins and their rankings.

http://news.ccidnet.com/2020/0413/10520453.shtml

NEO just ranked 8th, while EOS/TRON/ETH are the first three spots.

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