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RE: BTC update 04.06.18

in #btc7 years ago

I like NEO for many reasons, and I notice that it follows Bitcoin's progress very closely. A few of the reasons I like NEO - (1) it seems to enjoy official support; (2) it's a platform; (3) it is a platform for some very interesting, value-adding applications, and there are nice "air drops"; (4) it pays holders 6 to 8 % in GAS; (5) although it has dropped significantly since its January 2018 high, it seems to have a lot less daily volatility compared to other alts. I think the GAS component is very clever - it makes me HODL when I might sell :-) so a rise in BTC is a rise in NEO....because it spells a lot of optimism for the space.

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I like Neo as well, but until there is a clear uptrend in BTC, analysing Neo on a regular basis does not make much sense, because as you know it follows BTC.

Absolutely agreed. I drew confidence from your analysis of BTC, because I apply it to Neo. Thank you :)