GAS more rare than NEO. Undervalued?

in yousefali •  7 years ago 


 Hey guys, new here, first post
What are your thoughts on GAS?
Market cap is low at ~93 million, and it takes 1 NEO about 20 years to generate 1 GAS. That makes GAS much more scarce then NEO and potentially more valuable.
Coinmarket cap has circulating supply at 2,927,312 GAS vs 50,000,000 NEO.
While all the attention is focused on NEO, GAS has gone up even more % this week than NEO, and has even more potential to grow due to low market cap. 

yousefali vevosongs uprise maxer27 kedjom-keku
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.35
  • Past Payouts $0.35
  • - Author $0.27
  • - Curators $0.08
4 votes
6
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:  
  • Trending
    • [-]
      ·  7 years ago 

    Thanks for sharing...

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      [-]
        ·  7 years ago 

      your Welcome my friend...

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        [-]
          ·  7 years ago 

        I don't know much about NEO but isn't GAS designed to pay transaction fees for NEO? Not really a currency that should hold good value imo.

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          [-]
            ·  7 years ago 

          Take a look at it's Market cap at ~93 million Bro...

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00
            [-]
              ·  7 years ago 

            I understand that NEO is a similar platform to Ethereum. On the Ethereum platform, Ether is the currency for their smart contracts. Etherereum doesn't have it's own tokens; only Ether.

            NEO tokens are like having stock in the company that runs the platform. All those using the platform will require GAS tokens. So GAS is really the equivalent of Ether/Ethereum. NEO is the Chinese version of Ethereum and complies with all of the Chinese laws.

            I like your thinking here and GAS is really much newer than NEO/ANS. My thinking is that GAS has more potential at this point than NEO and NEO is predicted by many to go up a lot more.

            You don't read too much about GAS now, but it's still very early.

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            $0.00
              [-]
                ·  7 years ago 

              Correct my Friend...
              You have it all... My tip right now is to accumulate more Gas as possible.
              Then latter reconvert it back to Neo When Neo will be tuning on full regime n people come to released Gas more important as Neo.

              Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

              • Disagreement on rewards
              • Fraud or plagiarism
              • Hate speech or trolling
              • Miscategorized content or spam

              Submit
              $0.00