NEOfags rekt

Wait, doesn't that make EOS a security?
You get bandwidth for staking EOS, but contrary to ethereum PoS you don't have run a node and verify, you just lock it.
>A holder of tokens on a blockchain launched adopting the EOS.IO software who may not have an immediate need to consume all or part of the available bandwidth, can give or rent such unconsumed bandwidth to others; the block producers running EOS.IO software on such blockchain will recognize this delegation of capacity and allocate bandwidth accordingly.
So you get a dividend for doing nothing which is worth something and can be sold, like GAS.

Why would anyone use NEO over EOS unless they're the Chinese government who wants a centralized blockchain? This question and the lack of a valid answer is why I flipped my NEO for EOS in February. NEO is a shitcoin that will never be decentralized, and its only possible hope is for Chinese government adoption.

maybe it is a security. but they will most definitely not class it the same. you have to compensate early adopters for risk, in any class, when more legitimate, your neo will be worth more, no way around it

You faggots thought Ethereum was a security and then the SEC declared it wasn't a security.
Jow Forums has no insight whatsoever in regards to whether something will be a security or not

you cant tell these poorfaggots anything. according to them my fucking pet ocelot is a security because he pays me out in shit and piss everyday for free deposited directly into their moms mouth

Implying the world is American...

Even if the Ameritard Government classify it as a security, it means nothing to the rest of the world other than buying the yanky offload nice and cheap.

GG.

I'm a NEO holder who thinks that it is a security. But fuck the SEC anyway. Did everyone forget that we got into crypto to escape the jew's grasp? NEO is a great project which will outlive and outperform 99% of projects. HODL. Collect gas. Get paid.

NEO does not pay you gas. Read the whitepaper. They were very clever with what they did to avoid these sorts of issues. Every unit of NEO has a set amount of gas attached to it which is released over 20 years. Nobody is "paid" gas, because it already exists. It's just a matter of it getting unlocked over time. It's like buying a vidya with a secret area that is not accessible until the devs unlock it after a month. You already "have it" you just can't use it yet.

Sorry, but you're still buying that NEO with the promise of that GAS being unlocked over years. There's no way around it, NEO is a security

But that's not why its falling.Its a shit blockchain which is still shit despite being centralized

It has 6 months to a year left before it basically fades away. There are too many innovative platforms coming with mainnets this year. I wouldn't even class NEO as a 3.0 project

And I bought NEO as ANS so I have no reason to be salty its just truth

Okay. Whether or not it's a security doesn't mean a thing to me. There is so much money already backing this project that they will do whatever it takes for it to continue moving forward. This isn't some random shitcoin that ends up being told they're a security and realizing they don't have the resources or it isn't "worth it" to comply. DESU I'd be happy if the USA declared NEO a security so I could get more at a super discount. Because, at least in my opinion, it seems NEO is going to be a really big thing in the future.

You're giving the new platforms too much credit. You are viewing them with rose colored glasses. NEO has a community that any other project, except for bitcoin or ethereum, would love to have. And it has a foothold in the world's largest economy and will ultimately have the blessing of the state. NEO has a massive upside. The current price is a steal.

> NEO has a community

Lol abandoned by Da Hong and the other founders for the next cash grab (Ontology)

> Sanctioned by the Chinese government

VeChain has partnerships with the national government (Gui'an), with China Tobacco, with the Shanghai municipal government. Does it look like NEO is even in the running?

Top fucking kek about the idea that NEO is anything other than a shitcoin cashgrab from dipshit Westerners that think it's Chinese Ethereum

Didn't Neo's founder left to create Nebulas?

>Lol abandoned by Da Hong and the other founders for the next cash grab (Ontology)

info.ont.io/team/en

Go away you moron.

No, more bullshit FUD.

You know you should buy a coin if Jow Forums hates it.

That's Hitters Xu - the other guy.

Da Hong went from NEO to Onchain/Ontology

Onchain developed NEO, nobody has moved anywhere. Please do at least some basic research instead of regurgitating the shit you read here.

Buy the whole circulating supply if you want.
I was only asking.

>You know you should buy a coin if Jow Forums hates it.
Biz doesn't hate it, nobody talks about Neo anymore. It lost relevance.

OnChain is the parent company. Da Hong is the CEO of it and the chief architect of Ontology. Try a little harder.

Yeah, which isnt reflected on the Ontology team page.

Try harder.