Antshares, NEO - what?
Hey Steemians!
ANS/BTC
Antshares skyrocketed as the first national cryptocurrency of China. It got dumped by 66.9% following the name change to NEO, from 540k satoshi to 179k satoshi. It is still listed as Antshares (ANS) on Bittrex. Whats up with that?
From social media, I get the feeling that the public is trying to like this coin. Especially since most other cryptos have had a heart attack. The founder was interviewed about 10 hours ago, which sent the coin rallying circa 40%. The video made it seem that the team is working hard on whatever it may be: https://www.reddit.com/r/CryptoCurrency/comments/6jrs98/neo_founder_inrerviewed_by_mainstream_financial/
I have not bought any yet, but I think this little critter might have legs. The Chinese may prefer to use Antshares in place of other foreign asset. Benjamin Graham once said "individual investors own three times more shares in their local phone company than in all other phone companies combined." I noticed this pattern within myself when accumulating shares. Cryptocurrency is a little different to phone companies, but it is hard to fight the appeal of familiarity.
What are your thoughts? Potential for a 3 figure price down the line?
THIS... IS... STEEEEEMIIIIT!!!
Have a lot of faith in the future of NEO, I already bought some Antshares at $2.10 so already great return... :)
But I see NEO taking big steps in China in the next year.
Who heartedly believe in NEO. Bought about 35 at 5.50. Plan buying more the next dip!
Interesting article. I fully understand what you're talking about. In my opinion blockchain is here to stay. A proper investment for the long term. We really need more insights in the market and previous investment results. This is quite an interesting website I found: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Sorted by team, product, company, advisors, previous investors, etc. See: https://www.coincheckup.com/coins/Neo#analysis For a complete Neo Indepth analysis.