Introduction to ANS/NEO Antshares
Antshares, often called the Chinese Ethereum, rebrands under the name of NEO. Antshares is the first open-source blockchain created in China. They will rebrand soon to the name NEO, meaning newness, novelty and youth in Greek language. The name change will take place in the 3th quarter of 2017.
The biggest difference between ANS and Ethereum can be found in the picture above. For Ethereum developers are required to learn to program with Solidity, while ANS contains a compiler, so developers can use Microsoft.net, Java, Kotlin, Go and Python. Which makes it easier for developers to start on the ANS platform.
Investment analysis
Source: Image by Todd Blackburn
Looking at the chart I would put a buy order on ANS/NEO around the 61,8% Fibonacci retracement point and put a sell order open at the 38,2% Fibonacci retracement point. This will give you a profit around 60% on a (most likely) short term investment.
You can find Antshares on Bittrex, following this link: https://bittrex.com/Market/Index?MarketName=BTC-ANS.
Look on the future of Ans/NEO Antshares
In my opinion ANS is a good short term and long term investment, with a great future ahead. The platform develops fast and they have an excellent roadmap. Also that it's based in China makes it very likely Chinese companies will choose to work with ANS when choosing to use the blockchain platform.Like what you are reading? Please consider giving me an upvote and a resteem. Also note that I’m not a financial adviser and nothing you read from me should be considered investment advice.
Thanks for reading!
You can follow me here for more interesting articles: @cryptotalking
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Mathiasian from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post. I was about to post a similair thread. The crypto space brings the biggest group of uneducated investors with it. This group will only grow. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). I really advice people to take a look at: https://www.coincheckup.com This site did all the research for you. It's truly amazing. See: https://www.coincheckup.com/coins/NEO#analysis For the NEO Detailed analysis.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit