Not good looking for one of our favourites
Everything in red today and things are not good looking for NEO neither, it fell from support so next stop could be aroun 80 and it shouldn't go lower, so 80-90 would be a nice level to reinforce positions.
Some friends out there sent an email about NEO:
Strength #1. NEO is powered by the dBFT (delegated Byzantine Fault Tolerance) consensus algorithm.
Strength #2. The dBFT consensus algorithm allows NEO token holders to elect their block producers, called "bookkeepers."
Strength #3. NEO's focus on interoperability with side-chains and external blockchains is another plus.
Strength #4. The coin's compliance-driven structure allows individuals and organizations to store their digital identity (VID) on the blockchain.
Concern #1. The way NEO handles ID on the blockchain could potentially lead to censorship in the future.
Concern #2. Other blockchain projects in development boast technology that's more robust than NEO's.
Relative to other coins, NEO's reward/risk metrics have been rising nicely for quite some time. Last week, they came back down somewhat.
Our proprietary data mining software agrees that NEO could have a bright future this year :)
Some friends out there sent an email about NEO:
Strength #1. NEO is powered by the dBFT (delegated Byzantine Fault Tolerance) consensus algorithm.
Strength #2. The dBFT consensus algorithm allows NEO token holders to elect their block producers, called "bookkeepers."
Strength #3. NEO's focus on interoperability with side-chains and external blockchains is another plus.
Strength #4. The coin's compliance-driven structure allows individuals and organizations to store their digital identity (VID) on the blockchain.
Concern #1. The way NEO handles ID on the blockchain could potentially lead to censorship in the future.
Concern #2. Other blockchain projects in development boast technology that's more robust than NEO's.
Relative to other coins, NEO's reward/risk metrics have been rising nicely for quite some time. Last week, they came back down somewhat.
Our proprietary data mining software agrees that NEO could have a bright future this year :)
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