Neo is mooning these days, wonder why? My guess is, the new ICOs(initial coin offerings) that are NEO-based pushed it to this point: almost $150 and 0.01 BTC !
There are some great advantages of NEO, first of all transactions are Free! yep, no fee. Plus, as you keep NEO in your wallet, you get GAS (another coin, but actually NEO's subcoin, let's say). You can think it as a "interest" in traditional banking, but GAS comes from the transactions which NEO creates. (and you get your share. Search: Proof of stake!)
if you want to know how many gas you can get with what NEOs, check this: https://neotogas.com/
Only negative thing I can think of is, NEO cannot be splitted. You can only keep/send 1 NEO, 2 NEO, 3 NEO etc. Of course you can buy and sell 0.1 NEO in exchanges, but if you want to take it out of exchange and send to your wallet, it needs to be a full number. This can be a problem in the future, when* 1 NEO becomes $1000+. (*not if, haha)
People have been talking about NEO, how it is the new Ethereum, Ethereum of China etc.
What do you think? Will NEO do the same thing what Ethereum did last year?
note: of course this text is not a financial advising. Nobody can know what will happen in the future. As you know in one day every coin can become 1/10 of its value. It happened before. (Reddcoin. Happened to me.)
Yes I do hope that NEO can be divisible and not just sent by "whole numbers".
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I have some NEO parked in my Bittrex wallet, and although that wallet is undergoing maintenance, I can still buy and sell NEO, yet, I don't see any GAS being accumulated there. Over on Kucoin, I get a small amount of NEO based on the day's transactions.
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Unfortunately Bittrex doesn't give Gas. Binance gives it monthly and yes kucoin daily. So you would better send your Neos to Binance or Kucoin.
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Yes I am into NEO its one of my favorite coins and I have invested a nice amount in it. I agree with Neo becoming 1000$ per coin one day (I hope this year).
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This post has received a 1.21 % upvote from @boomerang thanks to: @lutficanumut
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One of the best real world uses for Crypto at the moment with great potential. Makes up a major part of my portfolio! cheers mate
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