/biz/ - Business & Finance

Of course not

>>11972221
Im buying it for NEX, gonna throw 25% of my NEO at NEX and wait for the 10x and get back into NEO.

They spent 5 million NEO (350-400 million dollars in the bullrun) to "improve" the NEO ecosystem and look where are they now. HINT: Barely operational even tho centralized.

>inb4 muh KPN node and CoZ node

Imagine future improvements with 5% of that money?

GAS looks undervalued atm

>>11972221
People really need to remember how cheap "neo" was before the rebranding.

>>11972886
They've implemented an actor model, outsourced to many parts of the world with the most recent being in Russia with their decentralized file storage. This means soon a skeleton framework will be available for enterprises to work with and dapps become as easy as Wordpress. WTF more do you want? Scaling? Its getting there relax.lol

https://www.youtube.com/embed/2aTr9IutNFg?autoplay=1&feature=oembed&wmode=opaque

>>11972221

this shit does still exist?

>>11973716
Unlike every other project, NEO put aside enough money to last the bear market. Where other platforms are struggling or just getting started, NEO is way ahead and has the connections/technology to bring blockchain to enterprises. People are gonna get left behind the moment NEO Marketmakers decide theyve accumulated enough.

>>11973526
Is that what 400 millions buys? Really?
I thought enterprises will use Ontology, not NEO.

>>11973745
Did you understand the difference between SPENT and PUT ASIDE? Da Hogfei said "We spent" not "We put a side".

>>11973769
ONT dies without NEO. Its just for private chains.

>>11973769
Ontology can be used by enterprises but its not geographically decentralized, nor does it have international support. ONT is developed by a very specific Ontology Team and they focus on private blockchains so things like digital identity. NEO is the mothership, its where everything in the Onchain ecosystem goes since it'll be like the silk road in a way, public, open and decentralized.

>>11973791
Maybe they did, maybe his English isnt as good as we think it is. But I find it impossible for him to "steal" 400 million when he still lives in the same apartment building he has over the last 8 years and for CoZ to continue putting in as much effort as they have, I just dont see it. Use your emotional intelligence and watch Hongfei in interviews, hes a supporter of Austrian Economics and a humble human being.

Will GAS/NEO ratio increase over time? It was 1:1 , now its 0.3. Does it make more sense to accumulate GAS over NEO?

>>11974057
I think GAS is the much better investement over the short term, long term is up for debate because whales like to trade their GAS for more NEO when its at the .5 ratio. However, GAS does have a much more limited supply and come 2021, GAS may over take NEO with more adoption. I'm not really sure...

>>11974101
Do you see any scenario where NEO succeeds and GAS fails? i did some research and i dont see it

>>11974211
Nope, both tokens will succeed. GAS is NEO's staking version, so if NEO ever made it so people couldnt stake then whats the point if you could invest in ETH and get dividends? So they talked about making voting required to "stake" to get GAS, this means everyone who wants GAS will have to send their NEO to a single smart contract to vote and this will force any dapps who wanted to use NEO as a utility coin instead of GAS to think twice. NEO's smart economy will run on GAS...and given its limited supply, the free market factors will cause both coins to go exponential. The only reason its so down is because China closed up shop short term and they are not marketing like Tron in a bear market, once 3.0 is finished, I expect a shift to marketing.