"Blue Horseshoe Loves NEBLIO (NEBL)!" Also: NEO POS Comparisons

in neo •  7 years ago  (edited)

th.jpg

This morning I wrote about initiating a position in NEBL.

At the time, NEBL was approx $1.60 and during the day it hit an ATH of approx. $2.49. At the time of this writing it dropped to approx $1.90.

NEBL is definitely showing increased trading volume and probably for some (or all) of the reasons that I stated in my previous post. As well as people viewing the coin just as I did wondering why the big gains.

The question at hand is: Is NEBL worth HODLing for its POS rewards alone?

NEO COMPARISONS?

HODLing NEO generates GAS in accordance to the block generation rate. The current estimated rate (actual) of return is approx. 8.31%. However i've seen it as low as 4-5% . GAS typically is worth less than NEO but currently the price gap is very little and conceivably GAS can exceed the price of NEO. Although I don't recall it happening.

On the other hand, NEBL staking generates more NEBL. If NEBL is worth $100 each NEBL received is $100. Most NEBL HODLers will likely restake and their HODLings will compound. Here is the NEBL staking calculator

Both NEO and NEBL provide rewarding dividends. NEBL probably is a better choice right now due to the price, but due to NEO's popularity, it has a better shot at faster price increases.

What does the Steemit community think? Please hare your thoughts below with everyone.

As always - traversing the cryptosphere,
Kryptonaut

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  7 years ago (edited)

Nice Article,
i missed the ico because i was to busy researching it at that time so i came back yesterday to buy some with my profits from ELIX . Now its up 20% already and after reading all the papers i really love that project. I will stake all my coins i bought now and see where we can go in a year :)
neblio.png

Thanks for the comment. Hope we both will be successful with NEBL in the future!

Congratulations @kryptonaut, this post is the seventh most rewarded post (based on pending payouts) in the last 12 hours written by a Newbie account holder (accounts that hold between 0.01 and 0.1 Mega Vests). The total number of posts by newbie account holders during this period was 1264 and the total pending payments to posts in this category was $712.63. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Calling @originalworks :)
**@kryptonaut got you a $1.6 @minnowbooster upgoat, nice!

  • img credz: pixabay.com*

Want a boost? Minnowbooster's got your back!

The @OriginalWorks bot has determined this post by @kryptonaut to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!

For more information, Click Here! || Click here to participate in the @OriginalWorks writing contest!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!

@kryptonaut Its very interesting info.. Excellent post keep it up.

Thanks for the kind words!

  ·  7 years ago Reveal Comment

@reported has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo

This post has received a 3.73 % upvote from @booster thanks to: @kryptonaut.

This post received a 25% upvote from @randowhale thanks to @kryptonaut! To learn more, check out @randowhale 101 - Everything You Need to Know!

what problem does it solves? what are the future prospects for NEBL

https://cryptostec.com/what-is-neblio/

re: future prospects - hard to say at this point with any confidence. i know that is a shitty answer but we are at the infancy stage for the cryptocurrency market. Everyone is trying to use blockchain to solve problems in a certain sector. So along with that are some very high market caps for companies that haven't shown any top or bottom line numbers. In sum, im trying to say your question is nearly impossible to answer without me taking a wild guess.

A technical analyst wouldn't even care. He/she uses TA as their main tool. Which is why i think its used a lot in crypto, absent of financial company information. There is just little info to base decisions on. You can however read NEBL charts and be able to answer probable paths. Maybe that is a better question?

I understand what you are talking about, I myself is often asked such questions. But I guess, I just used the wrong term. I was more of referring to NEBL's importance than it's market run or success rate. Anyway, your link explains a lot. Tx :)

This post has received a 12.50 % upvote from @lovejuice thanks to: @kryptonaut. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.

@resteem.bot
Resteemed to over 5000 followers and 100% upvoted. Thank you for using my service!
Read here how the new bot from Berlin works.
@resteem.bot