Re: NEO - The Ethereum of China (Invest before you regret)
I'll address/comment on the misinformation from the poster below, mostly in red.
As I write this thread, the price of NEO the so called Ethereum of China is rising and its rising sharp. Many of us had that wish if we had bought ETH when it was cheap 20-50$ to get massive gains. Its not too late.
You can still invest in NEO, to make that happen. If this coin help in profiting others why not share it
Some of the main reasons why NEO will go to moon is as follows (Courtesy: EthereumAdvocate)
-Microsoft on board Lie
-Multiple coding languages, not just one, no need to learn new coding (Solidity). This sucks, makes it hard to ensure smart contracts are safe and bug free. (Obviously they will need to get checked at some point)
-Tacit acceptance by Chinese authorities. More like under their radar
-Chinese government intention in supporting/utilising smart contracts to secure/designate real world assets. has nothing to do with NEO
-Chinese desire/support for home grown product (Both Govt and populace). lol, are you taking yourself serious?
-Ease of purchase by Chinese on their exchanges. has nothing to do with neo, oh and as of now chinese exchanges are in problematic stage
-Greater awareness of product in China than other external options (Excluding ETH) lol, that's whishful thinking
-Rest of world awareness of product and how it offers a different option to Ethereum. Yeah, it's not a public blockchain from what I can tell and the company can do whatever they feel like ie. double the token amount(devalue your tokens), this also means that ultimately you are at the mercy of the Chinese government and the company
-Still viable and accessible via Bittrex to investors outside China. Lol, most of the trade of NEO is on Bittrex, this together with binance (81% western market according to them) accounts for more than 2/3 of the actual NEO market, yeah exactly, not Chinese money but westerners hold the most NEO by far!
-This is attractive to those that cannot/do not wish to use Solidity / Ethereum, provides another smart contract option.
-Could also be used for smart contracts in addition to/with Ethereum smart contracts from a risk management (hybrid) perspective.
-Shaping up as the best contender to take market share from Ethereum for smart contracts. LOL
You can still invest in NEO, to make that happen. If this coin help in profiting others why not share it
Some of the main reasons why NEO will go to moon is as follows (Courtesy: EthereumAdvocate)
-Multiple coding languages, not just one, no need to learn new coding (Solidity). This sucks, makes it hard to ensure smart contracts are safe and bug free. (Obviously they will need to get checked at some point)
-Tacit acceptance by Chinese authorities. More like under their radar
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-Still viable and accessible via Bittrex to investors outside China. Lol, most of the trade of NEO is on Bittrex, this together with binance (81% western market according to them) accounts for more than 2/3 of the actual NEO market, yeah exactly, not Chinese money but westerners hold the most NEO by far!
-This is attractive to those that cannot/do not wish to use Solidity / Ethereum, provides another smart contract option.
-Could also be used for smart contracts in addition to/with Ethereum smart contracts from a risk management (hybrid) perspective.
-Shaping up as the best contender to take market share from Ethereum for smart contracts. LOL