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How do you update or synchronize the Neon wallet? There's no such option to do that when I log in with my Ledger.
I heard that there was some kind of 'migration' to a new Neo wallet a couple of years ago. Is there a chance that I lost my Neo because I failed to 'migrate' to the new wallet on time?
It transitioned from Neo Legacy to Neo N3 and users had to manually migrate their assets. If your Neo was still on the Legacy chain and wasn’t migrated before the deadline that could explain why you’re seeing a zero balance now.I heard that there was some kind of 'migration' to a new Neo wallet a couple of years ago. Is there a chance that I lost my Neo because I failed to 'migrate' to the new wallet on time?
I’d recommend checking a Neo Legacy blockchain explorer using your wallet address to see if your tokens are still there, you might need to go through the manual migration process (though some deadlines for incentives have passed).
Ensure your Ledger firmware and the Neon wallet itself are updated, the official Neo community or support channels might be able to guide you through your options.
After several years, I finally got around to logging into my Neon wallet today with my Ledger Nano S, and it shows that I have 0 Neo and 0 Gas!
Where did my Neo tokens go? I had over 50, worth over $600. I also had about $70 worth of GAS, and much more still to claim.
Do I need to update something? Help!
Try updating the synchronize your wallet, I believe your neo will be sitting somewhere there, it's been a while since that wallet came alive and got connected to the network, so there will definitely be a lot of updates to be done before everything will work fine, give it sometimes, things will come around when you update, at least if you neo has been compromised you still find the history on the wallet to know what has happened on the wallet.Where did my Neo tokens go? I had over 50, worth over $600. I also had about $70 worth of GAS, and much more still to claim.
Do I need to update something? Help!
After several years in cold storage, I finally got around to logging into my Neon wallet today with my Ledger Nano S, and it shows that I have 0 Neo and 0 Gas!
Where did my Neo tokens go? I had over 50, worth over $600. I also had about $70 worth of GAS, and much more still to claim.
Do I need to update something? Help!
Where did my Neo tokens go? I had over 50, worth over $600. I also had about $70 worth of GAS, and much more still to claim.
Do I need to update something? Help!
Re: Yes, XRP CAN Reach $10,000 Per Coin, but There's a Major Catch...
Can you imagine XRP suddenly rocketing to the #1 spot on CoinMarketCap, with a market cap in the hundreds of trillions, leaving all the other cryptos in the dust, including Bitcoin? I can't, lolz.
Re: Yes, XRP CAN Reach $10,000 Per Coin, but There's a Major Catch...
The XRP limit is 100,000,000,000, meaning that it will never reach 1000 dollars unless the supply gets burned or the entire money in crypto circulation is on XRP, and neither will happen.
So no, it won't reach 10,000 dollars or near the 1000 line.
Exactly. Market cap is everything, contrary to what some morons would have us believe. If 'market cap didn't matter', my XRP would routinely rise by 100-X-500X in a matter of months. So no, it won't reach 10,000 dollars or near the 1000 line.
Re: Yes, XRP CAN Reach $10,000 Per Coin, but There's a Major Catch...
They are not moving your xrp, they are not getting your money to make something, that is not the system, your money is your money and your money is not used to move billions around, so all of the xrp's will always worth the same.
I never claimed that they're going to be moving my XRP; I claimed exactly the opposite. I said that, perhaps, only the XRP tokens that are moving big money will be worth a lot, meanwhile my XRP tokens, which are not moving anything, will be worth much, much less. Re: Yes, XRP CAN Reach $10,000 Per Coin, but There's a Major Catch...
The only cryptocurrency that's really delivering and not endlessly promising is Monero 
I stopped predicting which technology would prevail based on the fundamentals years ago. That goes for any technology. HD DVD, for example, was technically superior to Bluray, yet it is now obsolete. Same with Betamax, which lost to the inferior VHS.
Fundamentals are only part of the story. There are many other factors that determines a project's success.
Finally someone smart to talk... Yes, better tech can lose to better commercialization.
I still believe in Monero, but even if it stays in the niche segment it will only mean that the price will be more stable
Sure I would like it to make 10x or more... but I'm happy even if it stays at current price.
Re: Yes, XRP CAN Reach $10,000 Per Coin, but There's a Major Catch...
...Only the coins that are transferring massive value will reach those levels, not all the coins, and certainly NOT the XRP coins that you're holding, doing nothing, in cold storage, or sitting idly on Coinbase.
Get it?
I think this may finally be the explanation that unravels the mystery of the mythical "$10K XRP".
So, no, you will NOT get rich by holding XRP, unless YOUR XRP is being used to transfer a lot of value and settle massive financial transactions. The value of your particular XRP tokens will depend on how much value each of them is holding. Some of them may be worth a few cents, some a few dollars, and some a few thousand dollars.
This is how you're going to be prevented from getting rich. You didn't actually think that all you had to do was buy a few XRP at 40 cents, sit on it for a few years and, voila`! you never have to work again, did you? Didn't think so. Life ain't that easy.
My guess, at least. You're welcome to prove me wrong, and I hope you do.
Get it?
I think this may finally be the explanation that unravels the mystery of the mythical "$10K XRP".
So, no, you will NOT get rich by holding XRP, unless YOUR XRP is being used to transfer a lot of value and settle massive financial transactions. The value of your particular XRP tokens will depend on how much value each of them is holding. Some of them may be worth a few cents, some a few dollars, and some a few thousand dollars.
This is how you're going to be prevented from getting rich. You didn't actually think that all you had to do was buy a few XRP at 40 cents, sit on it for a few years and, voila`! you never have to work again, did you? Didn't think so. Life ain't that easy.
My guess, at least. You're welcome to prove me wrong, and I hope you do.
Do you have an answer on how that's going to be implemented? I mean, coins trade on markets, where there is supply and demand: why a unit of XRP, for example, would be valued differently, and not equally at any given time?
Good point regarding how XRP will trade in markets, when each coin has a different price. Maybe my theory is dead wrong.
Could it be that the price of each coin will be set based on average value?
In other words, all the XRP coins, whose price would normally be very high ($10,000 or $100,000), because they're transferring massive value, would be offset by the coins sitting idly on exchanges and cold wallets. In this scenario, the XRP price would be the average of these two extremes.
Anyway, if this is how it'll work, XRP still can't reach "$10,000", because the vast majority of coins will be idle. Only a small minority of them will be elevating the price (moving a lot of money). This will be greatly offset by the rest of the 'deadbeat' coins.
Re: Yes, XRP CAN Reach $10,000 Per Coin, but There's a Major Catch...
The only cryptocurrency that's really delivering and not endlessly promising is Monero
I stopped predicting which technology would prevail based on the fundamentals years ago. That goes for any technology. HD DVD, for example, was technically superior to Bluray, yet it is now obsolete. Same with Betamax, which lost to the inferior VHS.
Fundamentals are only part of the story. There are many other factors that determines a project's success.
Re: Yes, XRP CAN Reach $10,000 Per Coin, but There's a Major Catch...
This is one thing that people often don't realize: A coin that is almost useless and has no organization or any big company willing to use it for anything isn't likely to improve with time and might die over time if care isn't taken or if there isn't any improvement.
XRP is a good coin, but it's being neglected. I expected that after Bitcoin and ETH ETFs, XRP should have been next, but it's being passed over in favor of Solana. This is probably because of the SEC lawsuit which is bad for the coin.
My point was that not all XRP in the future may not be valued the same. Let me explain.XRP is a good coin, but it's being neglected. I expected that after Bitcoin and ETH ETFs, XRP should have been next, but it's being passed over in favor of Solana. This is probably because of the SEC lawsuit which is bad for the coin.
Let's say you're a corporation that sends 100 million dollars split evenly among 1,000 XRP. Theoretically, that would make the value of those coins $100,000 each. But that doesn't mean the value of everyone's XRP is now worth $100,000 each, only the corporation's 1,000 coins. The 946 XRP sitting in Joe Blow's Coinbase account in Cleveland isn't going to be worth $100k each, because he hasn't put any value on that XRP.
Yes, XRP CAN Reach $10,000 Per Coin, but There's a Major Catch...
...Only the coins that are transferring massive value will reach those levels, not all the coins, and certainly NOT the XRP coins that you're holding, doing nothing, in cold storage, or sitting idly on Coinbase.
Get it?
I think this may finally be the explanation that unravels the mystery of the mythical "$10K XRP".
So, no, you will NOT get rich by holding XRP, unless YOUR XRP is being used to transfer a lot of value and settle massive financial transactions. The value of your particular XRP tokens will depend on how much value each of them is holding. Some of them may be worth a few cents, some a few dollars, and some a few thousand dollars.
This is how you're going to be prevented from getting rich. You didn't actually think that all you had to do was buy a few XRP at 40 cents, sit on it for a few years and, voila`! you're rich, did you? Didn't think so. Life ain't that easy.
My guess, at least. You're welcome to prove me wrong, and I hope you do.
Get it?
I think this may finally be the explanation that unravels the mystery of the mythical "$10K XRP".
So, no, you will NOT get rich by holding XRP, unless YOUR XRP is being used to transfer a lot of value and settle massive financial transactions. The value of your particular XRP tokens will depend on how much value each of them is holding. Some of them may be worth a few cents, some a few dollars, and some a few thousand dollars.
This is how you're going to be prevented from getting rich. You didn't actually think that all you had to do was buy a few XRP at 40 cents, sit on it for a few years and, voila`! you're rich, did you? Didn't think so. Life ain't that easy.
My guess, at least. You're welcome to prove me wrong, and I hope you do.
Re: Why is Coinbase Preventing Me From Sending My Crypto Assets?
From what I've seen, Coinbase can sometimes get really cautious about security stuff, especially if there's any hint of a hiccup in the transaction. It could be a glitch on their end or maybe some network thing messing up the send. One thing you might try is contacting their support directly.
Those who have used Coinbase will know that contacting them and getting help is difficult and time-consuming. I've been locked out of transactions for 24 hours many times without finding out the exact cause, and I've been trying to contact them for weeks but in the end, they didn't help me. Then I found out that they have a pretty enthusiastic support team on Reddit, and I think the OP should contact them directly on Reddit instead of waiting for them to reply to emails and resolve the issue. But it's important to note that reddit is full of scammers, so you need to be very careful.
In addition, I advise those who are using coinbase to switch to another wallet if they don't want to get into trouble like the OP. Coinbase is actually more frustrating to use than a great experience.
Re: Why is Coinbase Preventing Me From Sending My Crypto Assets?
Are you using his email, or some kind of tag?
I'm not sure what he's using, but I think it's his Coinbase public XRP address. He isn't very adroit with cryptocurrency. He's even less savvy than I am.Why is Coinbase Preventing Me From Sending My Crypto Assets?
I've been trying to send my XRP from my Coinbase account to my nephew's Coinbase account for the past 3 days. Every attempt to do so has failed. They even disabled sends for 24 hours for "my security".
I tried again this morning, after the 24-hour ban, and I continue to get the following error message in my email:
Your attempt to send 23.1243 XRP was unsuccessful. Your funds are safe and have been returned to your XRP balance. You can try sending again below. Reason: Network or other technical issue.
When I "try sending again", the same thing happens. So, at this point, I'm done messing around with it because I don't want another 24-hour ban.
Anyone know what's going on?
FYI: I'm sending the crypto from my desktop (Windows) to my nephew's iphone. I sent only a small amount of XRP as a test.
I tried again this morning, after the 24-hour ban, and I continue to get the following error message in my email:
Your attempt to send 23.1243 XRP was unsuccessful. Your funds are safe and have been returned to your XRP balance. You can try sending again below. Reason: Network or other technical issue.
When I "try sending again", the same thing happens. So, at this point, I'm done messing around with it because I don't want another 24-hour ban.
Anyone know what's going on?
FYI: I'm sending the crypto from my desktop (Windows) to my nephew's iphone. I sent only a small amount of XRP as a test.
How would you go about cashing out very large sums of Bitcoin, or other cryptocurrency?
A hypothetical example:
You were fortunate to purchase five thousand Bitcoin, when it was only pennies a coin, and it's now worth a whopping $130,000,000. This is now sitting in cold storage in your digital wallet, and you want to cash out 100 million usd.
1) Are Coinbase and Gemini your only convenient options? Will they be able to cash out such a large sum, and send the proceeds to your financial institutions without issues?
2) FDIC insurance only covers up to 250k per bank account. So, you would need more than four hundred accounts in order to cover all 100 million dollars. Is there a better way? Can you just send all 100 million directly to your Vanguard brokerage account? How do the ultra-wealthy do it??
3) What would happen if you suddenly sent a hundred million dollars to several banks/financial institutions? Would the IRS be immediately notified? Would your accounts get frozen? How do you avoid this?
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.
If you don't have that many bitcoins, then why ask such questions?A hypothetical example:
You were fortunate to purchase five thousand Bitcoin, when it was only pennies a coin, and it's now worth a whopping $130,000,000. This is now sitting in cold storage in your digital wallet, and you want to cash out 100 million usd.
1) Are Coinbase and Gemini your only convenient options? Will they be able to cash out such a large sum, and send the proceeds to your financial institutions without issues?
2) FDIC insurance only covers up to 250k per bank account. So, you would need more than four hundred accounts in order to cover all 100 million dollars. Is there a better way? Can you just send all 100 million directly to your Vanguard brokerage account? How do the ultra-wealthy do it??
3) What would happen if you suddenly sent a hundred million dollars to several banks/financial institutions? Would the IRS be immediately notified? Would your accounts get frozen? How do you avoid this?
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.
Why immediately legalize 100,000,000?
There are many jurisdictions in the world where you can legalize bitcoins and earn small taxes, but this will be done in stages so as not to attract the attention of the tax authorities. But sometimes it is better to resolve the issue of citizenship and tax residence first.
~snip~
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.
Then why the question at all?
Curiosity. Also, I own a good portfolio of cryptocurrencies that may be worth a lot more in the future. I seriously doubt it will reach 130 million, but even if it reaches a fraction of that, it's good to know how to liquidate some of it.
What makes you so sure that your crypto portfolio will be worth a lot in the future? you say you don't own bitcoin, which means you hold altcoins, LOL. even if it is bitcoin, there is no guarantee that it will bring you big profits, let alone if your portfolio is full of shitcoins. you even risk not receiving any of your profits or capital, don't think about up to 130 million or just 1/10 of that amount. We need to be realistic in investing, don't be too delusional about profits, especially with shitcoin.
~snip~
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.
Then why the question at all?
Curiosity. Also, I own a good portfolio of cryptocurrencies that may be worth a lot more in the future. I seriously doubt it will reach 130 million, but even if it reaches a fraction of that, it's good to know how to liquidate some of it.
~snip~
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.
No snarky answers, please. The above are only hypothetical examples. I don't own 5000 Bitcoin. Not even remotely close.
Then why the question at all?
Curiosity.