All-in NEO supporter here since Antshares days.This thread is simple, come in with your FUD and I diffuse it with the intention to show Biz they dont have to stay poor in 2020. Aaaaaaaaaaaaaaaaaaand GO!
NEO AMA. Time to put the FUD to rest edition
Aiden Cook
Other urls found in this thread:
ethereum.stackexchange.com
area51.stackexchange.com
reddit.com
bitsonline.com
reddit.com
cointelegraph.com
neonewstoday.com
scalableassetsfund.org
ndapp.org
docs.neo.org
twitter.com
Joshua James
Why would I build on NEO instead of ETH or EOS?
Lucas Howard
I got 500 GAS and 9 NEO when will I make it?
Levi Perez
Centralized shitcoin.
Asher Phillips
Currently they only have 7 consensus nodes. Will adding more nodes in the hundreds decrease performance?
Xavier Taylor
>emotional bagholder here offering financial advice
nty
Gabriel Peterson
1. Explain what NEO 3.0 is (I assume this is the next step).
2. When will it happen.
Angel Hughes
How many NEO did Da and Erik dump on the West?
Ethan Wood
So ETH was the test run, its team isnt centralized so they have no vision, they just say come build on us. They also dont believe in digital identity and their scaling and PoS efforts are going to take a miracle because of politics. They were the first and now wall street is all over them.
NEO on the other hand is focusing on digital identity and regulations. We can see this via TheKey, Bridge and Ontology. This is going to be HUGE. As governments crackdown and want to continue their efforts in the cryptospace, they will want regulations, this means industry adoption will come much faster to NEO than ETH as they're prepared for coming regulations.
On top of this, they dont have to solve the PoS problem or deal with the miner politics due to DBFT and GAS, this allows them much more time to focus on real adoption, thats why you see gaming as a short term focus.
Christopher Davis
Be careful, its well known whales sell their GAS for more NEO when the ratio hits .5
The nodes will start to come in by the 10's in 2020 once scaling has been implemented and when industry leaders are ready to invest. So far we have seen CoZ and KPN invest in nodes and over time, others will want "experience" in the blockchain world to see if its a right fit for them, once they see it is, they will see its being encouraged by NEO to become apart of a regulated ecosystem. This is the biggest difference between NEO and ETH.
Jackson Rodriguez
Then why are the big players launching their projects on Eth?
Why would anyone choose a centralized db instead of permissionless blockchain?Industry adoption is happening with eth as we speak lol
Christian Fisher
NEO 3.0 is a series of upgrades to occur over the next 1.5-2 years to ensure NEO is ready for enterprise adoption. They need to streamline many of the VM's processes to prepare for 100,000 transactions per second and they also need to prepare for the coming adoption of blockchain technology by business. There could be a hardfork where NEO decides its better to pass out a new coin to current holders away from the current VM however many are fighting it. I personally dont care if they fork to a new coin (by releasing a brand new coin) if it helps solve any issues that Antshares may face (remember its one of the oldest chains around)
Andrew Flores
The big players only know of ETH from their friends and DESU the big players havent been "made" yet. Think about how google destoryed AOL and yahoo, this will happen again to facebook and google as blockchain takes over, either they adapt or lose considerable market share to competitors. These competitors are going to be showcasing how users data cant be hacked and it cant be used against them for political reasons, something we saw earlier this year when zuckerberg was brought before congress for helping Trump win the election.
Finally NEO hasnt been advertising because its not ready for enterprise adoption, i.e 3.0. When it is, this will be the same time Chinas digital Yuan comes online and you will see a tidal wave towards NEO, not from the West but from everywhere else, Asia, Africa, Europe and South America.
Ian Lee
broken permissioned blockchain with dBFT consensus model that gives the few validator nodes that exist no incentive to secure the network and not collude and front run against other nodes
/thread
/shitcoin
Matthew Stewart
why NEO is better than Vechain? Is looks like VET is way ahead.....
Jeremiah Jackson
protip: they're both scamcoins
Jacob White
proof?
Adam Diaz
VeChain is a scam coin with dirty marketing teams, watch chico cryptos videos on it
Andrew Cooper
the consensus mechanism
Nathan Bennett
>NEO
whats next TRON and Iron man?
Eli Bailey
Their incentive comes from passion. You dont want to give an economic incentive to everything, culture in the corporate world is a big factor to those who make money past a point, same with holding the security of a network like NEO. If money was everything, you would see shitshows like with BCH right now, who wants to run a business on that?
VET just markets like crazy, you never see NEO market because its not ready and neither is VET. Not to mention NEO has Da Hongfei, the #1 blockchain consultant to the Chinese government. The digital identity and soon to be 3.0 is what will put NEO over the edge.
Juan Torres
>their incentive comes from passion
so invest in bank of america, i hear they have passion and no game theory between competing banks to prevent collusion just like NEO
Tyler Lee
dont listen to this faggot about NEO
Chinese government my ass, NEO is one of the biggest scams in the whole space
Jeremiah Parker
annihilated bagholder general?
Josiah Moore
It's not really the answer of my question, Vechain have already 101 nodes not 7 like NEO, its ready for 10 000 tps and Vechain can scale much more, depending on what hardware validators' nodes run on.
You sad NEO will be ready for enterprise adoption in like 2 years, Vechain is ready right now and if competitors will decided to wait for NEO to be ready - they will be way ahead
Juan Lee
NEO is going to die out. Nobody cares about it. It has no use in the crypto space.
Levi Reyes
NEO is going to explode. Everyone will care about it. One of the most useful cryptos in the crypto space.
Parker Morgan
1. Why does this piece of shit SCAM claim to have a huge ecosystem, thousands of developers, etc when:
Ethereum has a stack exchange that's always busy:
NEO's closed down in a month because there was no interest:
area51.stackexchange.com
Ethereum has a sub for developers:
NEO has jackshit
Can you please point to a vibrant community, sub, discussion group of developers? If you can't then fuck off with your scam.
2. Why does this SCAM centralized network frequently break down and stop working? I think within the last two years this piece of shit network has come to a complete halt at least 6-8 times. Why would any idiots be building the financial digital network of the future on a few nodes running on Chinese scammer Ha Dongfei and his buddies computers when it could go down at any time?
bitsonline.com
reddit.com
Jace Hughes
NEO will be completely decentralized with I think 1000 nodes being the end goal. They want real interest in their ecosystem and have no need to rush it, especially since 1 wrong error in this space can equate to billions and eventual trillions lost. As for the enterprise adoption, maybe Vechain is ready but the market doesnt care right now. The only thing they care about is bitcoin ETF's, smart contracts come after that and NEO will be far ahead of Vechain by then, assuming theyre not now...
You sound like a $200 bag holder. kek
Benjamin Scott
1. The ecosystem for NEO is enormous, do you not see KyMakers, NEL, AmazoNEO and CoZ? Do you not see how they've attracted individuals who are dead-set on developing the NEO ecosystem for the coming enterprises via digital identity? If you want to visit a place for development of NEO, go to its DISCORD. Thats where ALL the discussion is taking place now, not Reddit or anywhere else. You sound pissed using the word scam as if NEO couldnt have exited a long time ago. They're here to stay and they're going to leave your stupid ass behind.lol
2. Those are growing pains, this is the time for that stuff to happen, similar to how ETH got fucked when it had to hard fork. You really do sound like a butthurt twink. These blockchains arent ready for implementation yet, 2020 they will be or they'll die. Thats why NEO is so far ahead of ETH, it doesnt have to solve PoS and its almost done with its digital identity parts.
Alexander Ortiz
So I got in from antshare days and basically owe neo most of what I hold bc I sold half a long time ago and diversified. So it's got a special place in my heart and I'm holding half still. What's the fucking deal on regular holdings getting gas dividends when network usage picks up? Aren't consensus nodes collecting all the fees, so the only gas we get is the normal generation. In that case, I don't see a real reason to even hold neo. Voting rights are a fucking meme. Also, what's your price target. $1000 2020??
Josiah Phillips
casn i become a book keeping node in the future with 1000 GAS?
Elijah Campbell
Answer me you fucking genius
Isaiah Cruz
Think of GAS as like exponential dividends. Most people see 2% and scoff at it but in the foreseeable future, GAS will have a low supply and as dapps begin to use GAS, it will rise exponentially. Consensus nodes arent collecting all the GAS fees, only a percentage so NEO holders get some of the used GAS from the network, but again its supply is low and by 2021 GAS is going to be rare after all the adoption. Voting rights arent a meme when every whale is trying to get more NEO to produce GAS for free. My price target for late 2020 is actually $2,000 per NEO. This takes into account the BTC halvening event, Chinese digital Yuan and NEO cannibalizing ETH's market share when they out scale them.
I actually dont know much about that but I have seen that number. Theres not really a reason to do stuff like that for the NEO network unless you want to have a stake in the ecosystem for any reason outside of monetary reasons. NEO was built to attract passionate individuals with good intentions to avoid conflicts like we saw with segwit and BCH more recently. The best way to make money in the NEO ecosystem is with large amounts of NEO for free GAS, buying GAS when its ratios are under .3 to 1 NEO or doing ICO's, I dont recommend trying to help secure the network for monetary reasons, its just not built that way.
Ryder Nelson
The real reason you know you should be buying NEO is because son eone has been spending time and effort to flood this board with FUD. No one else thinks its weird that suddenly a bunch of NEO is bad posts have started popping up niw that the price is low again.
Zachary Barnes
Chinl scam
Nolan Howard
The GAS/NEO ratio
Jeremiah Young
Fuck you monkey. Let me disprove your anti-FUD.
>KeyMakers
Literally formed some days ago
>AmazoNEO
Just two brazillians in a cave, the Coelho guy and his friend
>NEL
Just 3 chinese guys pumping their NNC shitcoin which also flooded and crashed down NEO network last week
>CoZ
The only serious dev group they had, however all of the top guys left for NEX and they no longer do any code
NEO offical team only has 2 core devs, and those guys are the only ones who are working in NEO 3.0 but they write one line of code per month
Three of the top guys in the NEO have abandoned the project and were removed from the official site silently
Da Hongfei promised to release a financial report some months ago, nothing was seen until now.
The truth is that they are using their funds as NGC (their "fund") to invest in ICO private sales from projects completly unrelated to NEO and then dump it on the market.
I know everything about NEO. You know why?
Because I fucked one of their main chink girls for months, plus I have Da Hongfei phone number and acess to lots of info that the average "crypto investor" does not have.
Basically fuck NEO and their greedy founders. It really had a change to compete with Ethereum before, no longer has
Parker Gomez
Appreciate your time. What are your opinions on nOS and NEX and what will it mean for the future of NEO as a whole?
Nolan Torres
> I know everything about NEO. You know why?
Because I fucked one of their main chink girls for months, plus I have Da Hongfei phone number and acess to lots of info that the average "crypto investor" does not have.
First of all, if not LARP gonna need a story time or pics.
Second of all, do you have any insider info on any other chink scams? VET, ICX?
Joseph Reyes
This, op is fucking retard if he didn't sell when this vaporware went over $100
Carter White
KeyMakers have already translated a 300 page NEO guide from Chinese to Japanese in those short few days, not to mention Japan is one of the only countries to legitimize crypto. The Brazilians are really talented...like theyre really good. NEL literally made it so words can act as wallet addresses, just another example of how NEO is going to win the adoption race and NEO has over 50 developers, they had to switch offices to cater to the increase in personnel. CoZ is focusing on NEX for now, the spirit is still there and NOS is next in line.
Carson Flores
NEX is enormous because its a secuirty in the EU. This means not only is its decentralized nature great for not getting hacked but it allows EU whales entry into the NEO AND ETH ecosystems. THIS IS BIG considering the EU will be the first fiat govt to collapse if they do. NOS is big because it will act as a google play store but for the NEO ecosystem, another example of how NEO will win the adoption race in 2020, all NEO dapps will be available for download in NOS.
Ayden Ross
Lmao this is a new level of chink scam cope.
Grayson Lewis
AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
William Reyes
what went wong with neo
Josiah Fisher
There was no development. Literally a bunch of NEET developers came together and programmed everything for NEO under the impetus of China adopting NEO. Every release is by the NEET "community". The devs and Da dumped and cashed the fuck out. This shit is dead.
Nathan Perry
lmao China will adopt crypto. Hongfei is the Chinese governments #1 adviser.
Chase Edwards
>biz
>Aaaaaaaaaaaaaaaaaaand GO!
criiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiinge
Brandon Kelly
On October 2017 15 million NEO was unlocked and transferred to NEO team.
From these 15 Da claimed they spent 5 million NEO?!! Between Oct 2017 and August 2018 NEO price ranges 30-170$. So at minimum 150 million spent, but most probably average is 400 million at least. Based on this statement can you explain to me:
1. Spent 400 million, but have only 1 inhouse paid dev? (that was at the AMA time, now their are more, but that is because backlash then was huge so most probably fake)
2. Spent 400 million, but Ontology team is bigger and better than NEO.
3. Spent 400 million, but marketing is non existent
4. Spent 400 million, but network shits the bed non stop
ELI5, for what did these 400 million was spent? Is NEO better than 1 year ago? 400 million better? Absolutely chinked. They got greedy and made ONT too, then transferred a lot of money into it. In the end they fucked the both bagholders.
Brayden Green
pic related
Zachary Fisher
You should join Euclid's Coin Window on Telegram
Adam Gonzalez
explain the neo/gas ratio and what it means
Brody Price
$2k/NEO 2019
Nicholas Gray
NEX is the comfiest hold
Caleb Walker
>t. I missed out on ETH
Kek
Oliver Thompson
How is the health of the team and the community these days?
A few months ago, there was a widely propagated post from a contributor who was dissatisfied with the state of the project, and some related buzz about original NEO developers moving on to a newer cryptocurrency project. It sounded like the project had lost a lot of steam. Is this true? If so, has it recovered?
In attracting community developers, it competes with the larger Ethereum community. Is this going to be the long-term case? Is this sustainable, or will it get squeezed out as Ethereum grows?
Carson Green
GAS consistently stays at a .3 GAS to 1 NEO Ratio. So when NEO is $100, GAS is $30. Only in times of "mooning" would GAS get to $50 when NEO is $100. The best time to buy GAS is when its at a .25 ratio and the best time to sell is at a .5 ratio in bullruns. If you were asking about the actual coins, for every 1 NEO theres 1 GAS to be released slowly over the next 22 years. GAS releasing however slows down over time so it will become harder and harder to produce from holding NEO. 2021 will see GAS's limited quantities start to rear its ugly head for developers and its price could actually go over NEO.
Carter Collins
I think the market has fundamentally misunderstood what NEO is and what GAS is . GAS is akin to Ether Comparing NEO and Ether is comapring apples and oranges.If at all NEO were to succeed, GAS should be widely used.
whether or not NEO is divisible does not change the nature of NEO's relationship with GAS. Dont see why GAS wont moon beyond $100 at some point
Daniel Peterson
is there a neo/gas ratio chart or you just have to calculate it on the spot?
Jaxon Fisher
The community has become toxic due to the shift of communication moving from Reddit to Discord and no one followed from the Reddit community. They're also very upset over Ontology as it was clear whales bled NEO dry to prop up Ontology. However, Ontology cant replace NEO because its not decentralized. Its a blockchain but all in China unlike NEO that has plans to be all over the world and currently is with its 7 nodes. This is how Ontology can serve customers like governments and financial services is by keeping it all in China and not decentralizing it geographically. NEO will be able to pull information from Ontology when customers allow it, including governments, this is how NEO serves the Chinese government, Ontology secures all the sensitive data and then they can use NEO's world wide roads. Attracting developers will be a different ball game in 2020, by the time scaling is finished for NEO and hopefully ETH, it remains to be seen. Developers may not have a choice if ETH falls behind schedule more, NEO is on track for 100k TPS in 2020, ETH I'm not so sure, they still have to figure out PoS
Wyatt Hughes
The NEO team discussed divisibility of NEO and the community stopped it, thats when a brilliant idea came out about during times of voting for nodes, all NEO should be sent to a smart contract. This takes voting power away from exchanges holding everyones NEO and stops people from using NEO (if it became divisible) as a utility coin when thats GAS's job. So when voting is implemented next year, expect NEO to moon like crazy during times of voting when liquidity dries up. Also should note you have to vote in order to continue receiving GAS, thats how the team wants to do it. I see GAS hitting $500 easy in 2020-2021 and the NEO team will have to lower its 500 entry for big SC's, which they already talked about last bullrun.
Liam Gomez
calculate on the spot, its not hard. I see NEO is at $12.58 so if I ever saw GAS hit $6.20+ I would sell for more NEO.
Chase Wood
Well its getting late and I'm going to be going to bed soon. I browse Biz everyday so I'll be in 99% of the NEO threads, if you ever want a question asked just do it and if no one else responds or a bad response is given, I'll be there.
I'll leave this thread with a recent interview that will show everything I've said as true and return confidence to NEO from the Biz community.
neonewstoday.com
Mason Davis
scalableassetsfund.org
If you are still there, pls read this post your thoughts on GAS and NEO
They say GAS/NEO should be like 2:1
Jace Jones
Ok I got through it. I look at things much differently. I actually dont see the market making it to 2030. I feel the market we know now will cease to exist as it matures and maybe a technology comes around in the next 10 years that destroys the currencies like A.I or maybe someone gets into Satoshis wallet and crashes everything. What I'm trying to say is dont plan on this market being here longer than 5-10 years. I figure we got 3 more bullruns and (((someone))) pulls the plug somehow. With that being said...
In 2020-2021, NEO will be attracting a ton of talent and enterprises and they will have to use GAS despite its low supply. I dont know if the market makers will ever allow GAS to overtake NEO, theyve been grabbing as much of it as they can...and they control the market. But I do recommend trading GAS via the .25 and .5 ratio strategy, especially if you're holding a ton of NEO and its free.
Colton Martin
i have only 200 NEO , so GAS rewards are very less
Camden Lewis
Battle my FUD, please...
Angel Richardson
Well I'm not a fan of giving financial advice as I've been wrong before.lol But 200 NEO in 2020 is a guaranteed $200,000 and the GAS should come out to be $18,000 which isnt bad for holding considering you can get into Long-term cap gains tax rates and versus holding ETH or XMR atleast that 18k is free where they dont have dividends. If you're ok with $220,000 in 2020 then you're fine. If you want more, your best bet is to go all-in on GAS which will give you $328,000 under the same $1000 NEO, 500 GAS idea. If this is your entire invesment portfolio, I highly recommend looking into TheKey or NEX for the very short term. TheKey's main net is in December and NEX is obviously going to $10+ and its $2 now
Brody Morris
The interview I posted just above shows why they havent expanded their inhouse dev's. They wanted to focus on communities across the world which they have in Brazil, Russia, Japan, Europe and America. Now that they realize internal development is slowing everyone down they have no choice but to hire more inhouse devs, only problem is competition is fierce and Alibaba takes the best talent for themselves in China, not to mention the yellow paper for NEO isnt done but its being worked on and should be done in December. I would imagine that $400 million is being held in reserves as a war chest or went to CoZ. A financial report is being finished up according to Malcolm Lerider in an interview he had. The marketing is nonexistent because everyone in the industry does that and are overstating their capabilities. Hongfei wants the blockchain to stand on its own merit, not to mention its really not ready for full adoption, no chain is yet. I really think the $400 million is in a war chest.
Aaron Smith
>t chink scammer
Colton Jenkins
- neo is centralised. You have to get permission from the NEO team to publish a smart contact or use their testnet.
- no one's using it. There are less than 100 smart contracts running on NEO, and over 80% are for NEP-5 tokens
- there are no dapps except Switcheo. Neo's version of dapp radar only talks about future dapps rather than current ones, because they're any
- no developers. Neo's stack exchange was closed down for lack of usage. Are any companies developing on NEO that aren't also doing a NEO-based ICO?
- Neo's reddit community is deluded. Legit critical questions (e.g. "why are my transactions taking so long?") are deleted from Jow ForumsNEO as "FUD". Can't post anything negative.
- NEX team are distancing themselves from NEO. They now claim Neon Exchange is not a NEO exchange. Why would they do that if still have a strong belief in NEO?
Julian Thomas
>I know everything about NEO. You know why?
>Because I fucked one of their main chink girls for months
Hahahaha, nice way to out yourself, retard. I bet you also drank with satoshi kek.
Jayden Perez
If I were given the option to buy any coin in the top 100 NEO would literally be my last option. It is the biggest scam in crypto. I honestly cannot believe even a single person still holds it.
Jaxson Jenkins
NEO is geographically decentralized, the nodes are in America and Switzerland that I know of, the others IDK where theyre at specifically, theyre politically centralized for now until the chain is tested and good characters can be found to run the early days of NEO. Theres a really good vetting process they ask candidates to partake in before being given a node.You dont need permission to launch a SC on NEO.lol Just go do it.
People are using it and its the 2nd most used dapp platform behind ETH with over 100 dapps and as soon as 2020 rolls around, you'll see TheKey's mainnet will plug into NEO via NEOX and that alone will be 100 million Chinese people using NEO.
NOS literally just finished its ICO, has a working product and a goal to make a dapp marketplace, chill out till 3.0
There are developers all over the world working on NEO and most of their communication is done through Discord, go check it out.
I had to stop relying on Reddit for info, it was clear NEO moved on from that org infavor of Discord.
NEX probably wants to stand on its own as its going to be an EU security and "China" might carry over bad publicity going into that market. I havent really kept up with NEX because I'm American and have a feeling it'd cause me headaches to invest in it via SEC.
Benjamin Barnes
>literally zero chinese buy or hold NEO and never have
This shit was always a scam and only the dumbest of gweilo ever fell for it. Sad
Leo Carter
And yet you take time out of your very busy day to shitpost fud on an user board. Congrats pajeet. Try not to shit in the street on the way home.
Samuel Williams
Lol why do you have to lie to defend NEO
Please provide a list of all 100 dapps
Please provide a link to instructions on how to publish a smart contact to NEO mainnet
Dominic Hernandez
Ok now going to bed. kek
Caleb Allen
Please read my posts again carefully
>ndapp.org
"There are no dapps except Switcheo. Neo's version of dapp radar only talks about future dapps rather than current ones, because there aren't any"
>docs.neo.org
"Please provide a link to instructions on how to publish a smart contract to NEO mainnet"
Grayson Lee
Lame, run away then
Adam Wright
Is NEO better investment than ONT now?
Elijah Sanders
Yes.
Brayden Hernandez
Hey do i buy NEO,NEX,nOS or TKY now?
What should be my aim?
Getting 1K Neo?
Parker Rivera
the new neon wallet v2 is awesome:D
Landon Lopez
>I really think the $400 million is in a war chest.
OMFG the bagholding brain.They are spent, do you understand the word? SPENT! Look at the AMA answers. I even provided you a screenshots with nice red lines to point that out.
Joseph Bell
> go to its DISCORD
I asked you to point me to a developer community where knowledge is shared, recorded, questions are asked and discussions take place. You are pointing me a to a fucking chat app you fucking chink scam shill. This is what 100% of the scam coins do. There is no community, no development discussions, questions so they say ....uh everything is happening on slack or discord.
Ethereum has a ton of these sites always popping with discussions, questions, immediate answers and where you can google technical questions from years back.
You chink scam has nothing.
> Those are growing pains
The whole NEO network grinding to a complete halt almost a dozen times in 2 years is not a growing pain. It shows it's a centralized network of nodes run on a bunch of chink scammers computers and if there is an issue the entire network is down.
Connor Sanchez
Remeber when the NEO blockchain gridlocked? Lol... they created a faulty base algorithm... literal shitcoin.
Matthew Smith
You have to give them credit though, they're trying to squeeze every last dollar out of stupid Anons before crypto loses its last 10% or whatever of peak value
Easton Cox
Sold my NEO stack earlier in the year for fat gains and put it into HOT at 8 sats. When do i buy back in user? NEO has a close place in my heart as it's made me my biggest crypto gains to date and i do believe in it long term, but knew getting out when i did was the right thing to do. In an ideal world HOT will do a TRX style pump and then i can go all in on NEO again.