I am very glad that Neo is going up so much, but I think it will really struggle to break the $20.00 sell-wall...

I am very glad that Neo is going up so much, but I think it will really struggle to break the $20.00 sell-wall. Is it a good idea to put a sell order at $20.00 and then reinvest when it dips again?

Other urls found in this thread:

binance.com/tradeDetail.html?symbol=GAS_BTC
twitter.com/SFWRedditImages

That's what a lot of people are waiting for.

Pump in the next 24 hours, dump afterwards. Stable at ~350-400k until further notice.

Buy the rumors, sell the news...

I love that meme

Did exactly that, pretty happy with decision. I think it needs to establish a new floor first once the volume stabilizes and then we can think about any growth past 20$

You think there's one more pump left in this shitter?

If the bearish support has a break-out it could destroy the 600k resistance and literally fly to 700k sats in a couple of hours.

>meme lines

volume is dropping, and the order book is a sea of red

this is just a final bounce before it falls back to it's new floor, around 450k

get out now

This: NEO is a coint with great future prospects and possibilites. But dont make the mistake to think that the hype is not already priced in.
It needs to cool down.

IMO Gas:
Sent this to a buddy earlier:

There's only 3 million in existence. My logic is simple: why buy NEO for the right to have one unit of GAS over 22 years for ~$20 when I can buy 1 gas now for ~$10. I've got 27 of them, not a huge position, but if my theory is right it'll be worth some $$$. Scarcity and utility are the primary drivers of price for many things and GAS has plenty of both.

$100m market cap puts gas @ $33/each. Not impossible in 2-4 months IMO.

volume is dropping
>still 12.4k btc, unheard of

Neo only makes 1 gas?

these retards want you to believe you have to wait 22 years for your NEO to give you gas. reality is much different. check out neotogas.com

Does Neo give any other benefit other than making Gas?

voting rights.

When's the next conference? Is the next one the last one? Want this crash to happen already so I can get more.

are you retard?

there has been many conferences already, they come and go

conference doesn't happen til tomorrow... be aware the chinks will be dumping on us while we are asleep tomorrow

yeah, you've been saying that every day for a week now buddy

false. i always said thursday morning ... buy back in once it stabilizes around friday... saturday... sunday... history repeats itself...

I meant the last one this week smart guy.

autism

Can someone explain what gas is to me? I own two NEO shares and im new to all this

gas right now is available to buy on Binance.com
(their is an english toggle button, find it lol).

Gas is the currency used to power trasnactions on the Neo network.

for trading, what you need to know is it has 10% the coin supply as NEO. in theory, it should be worth 10x value of NEO (200$). it is worth about 14$ rn.....

do the math NEETs and BUY BUY BUY

>binance.com/tradeDetail.html?symbol=GAS_BTC

Then what is the point of NEO?

backing physical assets with a digital currency. You make a contract saying, this is my car, i bought it for 500 NEOs. When you trade stuff you don't want to charge transaction fee with "NEO" cuz its used for backign assets. GAS powers trade, and keeps the NEO ledger cleaner and more trackable.

if you traded your 500NEO car, it would be wroth 500NEO still, not 499.98 NEO and .02 lost into oblivion cuz it was traded. that would not be a good way to back physical assets with crypto

Wtf is this bloodbath I'm watching?

Maybe I'm not understanding the concept, but physical goods tend to lose value over time. If I buy a 1NEO apple and let it rot, it would not still be worth 1NEO.