What is NEO? NEO is a blockchain platform and cryptocurrency which enables the development of digital assets and smart contracts. TheShow more [+] project is based in China and was originally launched in 2014 as AntShares. NEO uses a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism and can support up to 10,000 transactions per second. NEO tokens can be staked to produce GAS tokens which are used as the fuel of the platform, to pay for computation or deployment of smart contracts within the NEO network. The project was founded by Da Hongfei.
I have been in this market since 2014. I had bought back then BTC,LTC and feather coin just before that market crashed. I lost money in the Mt. Gox but kept following this market ever since. Lately on social media I have been noticing that people name those who hold "bag holders", calling their coins "shitcoins" making them believe their worth nothing. I wonder if you've noticed that the most popular question now days is "when is bottom?" "when to buy?" "should I buy now?". "Holders" there is more than what meets the eye, there are "sharks lurking in the shadows" waiting to grab your "bags" and "shitcoins". They will tell you " The entire market is being propped up by trading bots right now. It’s lame." Just to make you feel bad for holding and wanting you to sell to lower the price for them to buy back in. As warren buffet said " "The stock market is a device for transferring money from the impatient to the patient." know very well that NEO's "bag" or "shitcoin" is worth much more than what it is now. This market is not the same as 2014!!! Store your NEO on a Ledger, lock it in a safe in a bank, throw the key away and claim it back within 5 years. Don't be fooled by those who make you feel you are a "bag holder", "shitcoin holder" those are the ones that will buy it from you. Stay safe.