Yes I agree with you, I have been chatting with some guy on the Ethereum facebook group - he seems unsure about NEO. I mentioned aside from the countless very positive bullish fundamental developments - technically speaking, if you did an overlay of the recent chart of NEO going from 8 to 45, comparing it to the beginning of the Etherium run starting this last March/April, well the charts would not look identical, but VERY similar. Folks what we have here is ETH 2.0.... it wasn't good enough to catch a ride from 18 to 363 in one year, now we can do it again@ as it is happening as we speak. I have been advising my friends who are into Crypto (all 5 or them lol) to dollar cost average into this baby. this one has legs and wants to run. The Chinese are very loyal and will want to support this Asian "Eth" - they have a wallet that pays dividends, some sort of POS deal whether is is neo coins or gas, I'm not clear yet, plus they are sitting on another 50MM coins to be used to harness the best of the best - basically building an amazing programmer and development team that will hopefully learn from the scalability and other issues Ethereum has had difficulty with as it's platform for ICOs has skyrocketed. Also the coins will be used for marketing - honestly I am not sure entire what, but they supposedly are being careful to not "flood" the market with these additional coins. And there is plenty of room in the space for another ICO oriented protocol style coin. They already have relationships with major companies such as Microsoft, and I am sure other huge Chinese companies like Alibaba, Baidu - or they will soon. Bottom line is I agree with you, I've been in pretty decent size since 8-10 and still buying little bits here and there, because I believe by years end, NEO will sit at #3 in the MarketCap rankings behind just BTC and ETH. Thanks for the post, upvoted, resteemed, and following. Peace @cryptoted
RE: NEO, Is The Run Over? Find Out Here
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NEO, Is The Run Over? Find Out Here
No surprise an ETH fan is unsure of NEO but no reason why both can't succeed.
When you hold NEO in a wallet you earn GAS. Ultimately there will be same supply of NEO and GAS, but for now GAS will be in short supply. A buy imo. The question is how much is GAS worth as a % of NEO... I'm not sure.
As for the 50m remaining NEO, that's for people who build on the platform, a win-win.
I'm in and hodling. Cheers!
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