/biz/ - Business & Finance

WHAT THE FUCK WAS THAT?? IS IT BECAUSE I JUST TOOK A DUMP AND IT REVERS PUMP IT?

Neo and Gas looking very bullish, wouldn't be surprised if it hit the top of 24 hour change today. Considering going all in but what else looks like it'll bring us some green today ?

I'm going to fucking kill myself

I'm going to fucking kill myself. Neo killed me. How could I have been so stupid.

I am financially ruined.

Bought some gas at $40 each before market drop cause I wanted to get into NEX ICO.
Didn't win the fucking lottery so now I'm stuck with GAS already 50% down in value...
What coin should I invest into so that I can at least get my 50% back ?

Can someone explain they for a brainlet: If neo apps run on gas, what is the point of neo?

Why would I buy neo instead of gas? Or if I want to invest in neo, which should I buy?

I noticed from my KCS revenue that Kucoin pays out NeoGas twice daily. This gave me an idea:

1. Deposit a significant amount of NEO on Kucoin, enough to earn at least the minimum amount of NeoGas to buy NEO (ie, above the minimum transaction rate) every day
2. Once a day take whatever GAS you've earned and purchase more NEO.
3. ???
4. Profit

Normally it would be really cumbersome to do this if it was kept in a wallet. On Binance they only pay out GAS once a month, so while you can do this on Binance in theory, you can't reinvest it right away.

It seems like you could increase your NEO stack very consistently doing this, taking advantage of compound interest daily.

I'm about to transfer my shit from Binance to Kucoin and try this. Added bonus: no withdrawal fee for NEO from Binance cuz nationalistic chinks.

Am I missing something or will this work?

Told you to buy GAS an hour ago senpai. There is still time to get on the ride. TA looks amazing.

When are people going to realize how undervalued GAS is? You can currently trade 1 NEO for about 2.5 GAS. There have been points where the NEO and GAS prices have been equal.