NEO: If you sold out buy back in NOW

in #neo7 years ago

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NEO is showing 4 days of resiliency against the declining value of BTC, which I believe just bottomed out near $4150 and is now on its way back up along with its little brothers ETH and LTC.

But there's more good news: NEO's community City of Zion is also holding a large dapp contest. https://medium.com/@cityofzion/weekly-report-9-2017-09-03-f675ca75285c

There's some absurd amount like 135000 gas for prizes so be sure that some serious programmers are going to jump on this, because even at $10 a gas, that would still be a lot of moolah. And what are teams going to need to compete? They're going to need some test monies.

There's also a conference in Shanghai that was smartly relocated from Beijing. Many rumors abound that ICO's that were in the crosshairs and other NEO projects may migrate to Hong Kong where the special economic rules protect them from communist FUD.

There's also a few more promising ICO's coming out and in general I sense that all the sellers are done selling and the buyers are tired of waiting. I don't buy all the bear market nonsense. We're at the cusp of a giant blockchain revolution and it has barely begun. With or without China's blessing, it will march on.