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2023-11: Warosu is now out of extended maintenance.

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11832430 No.11832430 [Reply] [Original]

Say what you want about NEO, but load up on GAS. Chinas smart economy will run on GAS in 5 years.Do not underestimate chinese cryptos. China will eventually allow ICOs and blockchain developement

>> No.11832608

>>11832430
Still think I'd rather just hold NEO and compound the gas back in.

If I wanted to invest in something to make more NEO, I like NEX better than GAS.

>> No.11832647

You dont know china will do shit, just cause its chinese? Get the fuck out of here idiot

>> No.11832652

how I miss the days of this shit beeing worth more the neo

>> No.11832655

>>11832608
I did the math, you make a good 30% more by selling GAS at .5 ratio than waiting for dividends

>> No.11832740

>>11832655
What are you proposing? Buy gas low and sell high against NEO? And that should routinely outperform gas generation of holding NEO? That will probably work within a certain range of volume, but it's risky. And at some point, assuming wildest dreams come true and NEO is the backbone of China, then the price should stabilize, along with the swings in GAS/NEO ratio.

In the short term, I still like NEX better. I can hit a 10x against NEO from where it is right now. GAS isn't going to hit that, ever.

>> No.11832771

>>11832430
I want to believe but fuck, NEO is a rough graft ride. Maybe if that retarded NEL game competition paying more thN the documentation and tutorial competition... maybe if that was part of a long thought out gaming pivot and not some out of nowhere backpedaling. Maybe.

>> No.11832791
File: 576 KB, 1920x1284, NEO.jpg [View same] [iqdb] [saucenao] [google]
11832791

>>11832430

Yes, this car will need need NEO Gas. NEO Gas is going to be the lifeblood of the Chinese Smart Economy.

Buy now or stay poor

>> No.11832795

>>11832740
NEO has value only bcos on GAS. and that GAS rewards will also decrease over time . Better to buy GAS. GAS is the actual currency

>> No.11832862

GAS should be worth more than NEO in the future according to the tokeneconomics

>> No.11832930

>>11832791
that's a GEO dummy

>> No.11833021
File: 208 KB, 1546x1600, 1541060621489.jpg [View same] [iqdb] [saucenao] [google]
11833021

>>11832862
once gas flips neo; will it be called the gassing?

>> No.11833022

>>11832862
>GAS should be worth more than NEO in the future according to the tokeneconomics
How does that work? No matter how high GAS gets, NEO will go higher, because it's the golden goose that perpetually lays GAS.

>> No.11833311

>>11833022
GAS rewards go to 0 after a certain time. Most ppl dont realize this. they think holding NEO is getting free money. GAS is extremely scarce too

>> No.11833734

>>11833311
extremely scarce? how long would it take to mine all the GAS that exists? just curious if this is a 2-3 year or 10+ year thing, because if it's 10+ you're still better off staking NEO, especially at 9 fucking dollars and in this market a buy order at a dollar fifty cents is likely to hit for christs sake

>> No.11833739

>>11833311
NEO never stops producing GAS. GAS that is required for registering assests within the ecosystem is all redistributed to NEO holders. It is amazing that this concept is so difficult for people to understand. What fucking purpose would the two token model serve if the distribution token stopped distributing.

>> No.11833780

Doesn't the development of MCT throw a bit of a wrench in the tokenomics of relying on GAS to overcome NEO? MCT is super cheap and allows developers to deploy smart contracts at a much more reasonable rate. At least, that's how I understand it.

>> No.11834219

>>11833739
yes, ratio is <0.3 it should be on par with NEO atleast. it is the utility token

>> No.11834356

>>11832430
>muh China Smart Economy
GAS yourself, faggot. Keep waiting for the chinks to pump your bags lmao

>> No.11834476

>>11833780
MCT is for simple SCs. Not the 500 GAS giant SCs. GAS will skyrocket starting with NEX, and in 2021 after adoption...hold onto your ass...

>> No.11834504

>>11834476
Is 1000 GAS good for long term?

>> No.11834532
File: 51 KB, 539x346, oven.jpg [View same] [iqdb] [saucenao] [google]
11834532

>>11832430
>he still hasn't figured out that it was an elaborate scam

>> No.11834660

>>11834504
Its probably $500,000 in the 2020 bullrun. But you got to sell...>>11834532

>> No.11835466

>>11832430

Too early