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I am very glad that Neo is going up so much, but I think it will

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Thread replies: 29
Thread images: 3

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I am very glad that Neo is going up so much, but I think it will really struggle to break the $20.00 sell-wall. Is it a good idea to put a sell order at $20.00 and then reinvest when it dips again?
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>>2998826
That's what a lot of people are waiting for.
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>>2998826
Pump in the next 24 hours, dump afterwards. Stable at ~350-400k until further notice.

Buy the rumors, sell the news...
>>
I love that meme
>>
>>2998826
Did exactly that, pretty happy with decision. I think it needs to establish a new floor first once the volume stabilizes and then we can think about any growth past 20$
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>>2999804
You think there's one more pump left in this shitter?
>>
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>>2999963
If the bearish support has a break-out it could destroy the 600k resistance and literally fly to 700k sats in a couple of hours.
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>>3000696
>meme lines

volume is dropping, and the order book is a sea of red

this is just a final bounce before it falls back to it's new floor, around 450k

get out now
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>>3000696

This: >>3000719
NEO is a coint with great future prospects and possibilites. But dont make the mistake to think that the hype is not already priced in.
It needs to cool down.
>>
>>2998826
IMO Gas:
Sent this to a buddy earlier:

There's only 3 million in existence. My logic is simple: why buy NEO for the right to have one unit of GAS over 22 years for ~$20 when I can buy 1 gas now for ~$10. I've got 27 of them, not a huge position, but if my theory is right it'll be worth some $$$. Scarcity and utility are the primary drivers of price for many things and GAS has plenty of both.

$100m market cap puts gas @ $33/each. Not impossible in 2-4 months IMO.
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>>3000719
volume is dropping
>still 12.4k btc, unheard of
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>>3000765
Neo only makes 1 gas?
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>>3000805
these retards want you to believe you have to wait 22 years for your NEO to give you gas. reality is much different. check out neotogas.com
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>>3000816
Does Neo give any other benefit other than making Gas?
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>>3000828
voting rights.
>>
When's the next conference? Is the next one the last one? Want this crash to happen already so I can get more.
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>>3000897

are you retard?

there has been many conferences already, they come and go
>>
>>3000897
conference doesn't happen til tomorrow... be aware the chinks will be dumping on us while we are asleep tomorrow
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>>3000915
yeah, you've been saying that every day for a week now buddy
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>>3000939
false. i always said thursday morning ... buy back in once it stabilizes around friday... saturday... sunday... history repeats itself...
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>>3000909
I meant the last one this week smart guy.
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>>3001004
autism
>>
Can someone explain what gas is to me? I own two NEO shares and im new to all this
>>
>>3001264
gas right now is available to buy on Binance.com
(their is an english toggle button, find it lol).

Gas is the currency used to power trasnactions on the Neo network.

for trading, what you need to know is it has 10% the coin supply as NEO. in theory, it should be worth 10x value of NEO (200$). it is worth about 14$ rn.....

do the math NEETs and BUY BUY BUY

>https://www.binance.com/tradeDetail.html?symbol=GAS_BTC
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>>3001290
Then what is the point of NEO?
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>>3001302
backing physical assets with a digital currency. You make a contract saying, this is my car, i bought it for 500 NEOs. When you trade stuff you don't want to charge transaction fee with "NEO" cuz its used for backign assets. GAS powers trade, and keeps the NEO ledger cleaner and more trackable.
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>>3001324
if you traded your 500NEO car, it would be wroth 500NEO still, not 499.98 NEO and .02 lost into oblivion cuz it was traded. that would not be a good way to back physical assets with crypto
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Wtf is this bloodbath I'm watching?
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>>3001329
Maybe I'm not understanding the concept, but physical goods tend to lose value over time. If I buy a 1NEO apple and let it rot, it would not still be worth 1NEO.
Thread posts: 29
Thread images: 3


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