Post
Topic
Board Speculation (Altcoins)
Re: Strong BUY: NEO: Why? $1B market cap+best tech (dBFT)+China approves+Defeats FUD
by
jjdub7
on 24/09/2017, 02:30:23 UTC
NEO's got arguably much better tech than Ethereum?(*) Also, NEO has shown great strength warding off FUD from China ICO/exchange bans. We believe these are strong reasons to be a NEO bull.

https://www.reddit.com/r/Crypto_ICO_Investing/comments/721qqj/buy_neo_why_only_1b_market_cap_best_tech_ddbt/?ref=share&ref_source=link

Actually, the ICO ban suggests regulation will be coming, which is potentially great for NEO, as it seems all-but-sanctified by China already. Perhaps Chinese regulation will begin by allowing certain ICOs *only on NEO* for China's 1.4 billion citizens in China, the world 2nd largest fastest growing economy.

https://www.econotimes.com/Blockchain-project-Antshares-explains-reasons-for-choosing-dBFT-over-PoW-and-PoS-659275

(*) The delegated dBFT consensus algorithm is more stable, more secure, way faster than Bitcoin and Ethereum, it seems, and WAY more energy efficient than Bitcoin.

If this is true about China, NEO will explode. But I will not believe it, until Chinese government announce it official. 'will begin by allowing certain ICOs' is just a speculation, used for pumping. Like most of the forum posts. Beside this, I like NEO and NEO mechanism for smart contracts.