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RE: Why I am buying NEO GAS (Antcoins) instead of NEO (Antshares)

in #cryptocurrency7 years ago (edited)

It helps if you have more than 1 ANS/NEO though, so don't get that conflicted. I just entered my amount in at the calculator and it said:

It'll take you approx. 48 day(s) and 5 hour(s) to get 1 Ant/Neo Coin.

In one year, you will have 7.56864 Ant/Neo Coin(s)!

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Every NEO will generate exactly one GAS during the GAS generating period according to the white paper..

1 GAS per 1 NEO per 7 years. Do the math bro.
https://binance.zendesk.com/hc/en-us/articles/115000892052-Binance-Will-Add-Gas-ANC-for-Trading

Like I predicted.

There will be exactly 100 000 000 GAS when generation is over in 21 years. There is exactly 100 000 000 NEO. Therefore they will generate one GAS each. Generation per coin is lowered every year. You forgot to account for that. It's all in the white paper.

This means that is convenient to hold NEO in a wallet, very interesting indeed.