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RE: The implications of NEO being indivisible - more scarce than even Bitcoin 🤓

in #cryptocurrency7 years ago

Once again an interesting post @pandorasbox :-)

You point out some interesting things. There is an increasing interesting in NEO at the moment, because you need it to get into the NEO ICOs. That results in some nice price action. On the other hand, what we see is that once an ICO is over (Trinity this afternoon and currently TheKey with an offline website), people dump their NEO if they didn't get in.

On the short-term we also have the effect of the Bittrex NEO wallet being offline, artificially cutting off quite some of the liquid supply. On the long-term that does not really matter of course :-)

That 1,500USD you mention sounds good to me though!

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Yep the NEO ICO season is officially open :)
Too bad there's lots of problems with the ICO's so far, but they'll fix it eventually.

I'm kind of disappointed they don't use GAS as the native token to invest in ICO's though!! Now GAS still has no real use, despite that it has a price :)