The interest in NEO isn’t all that surprising to me considering the recent activity. The project just recently updated NeoVM to allow for deployment outside of the NeoNet.
Additionally, one of the more active devs officially stepped away from Neo just a couple days ago.
And those currently working to push Neo forward further have announced intentions to focus on the goal for Neo to be able to run large-scale commercial applications and to develop a distributed storage network on Neo.
Finally, from a TA perspective it looks as though recent NEO/USDT price action which broke a 5 month long downtrend (for the second time since the trend was established) appears to have been a false breakout for now.
Aside from Neo, I’m surprised to see that there isn’t too much chatter about the censorship that recently occurred on Steemit’s platform.
While they can not stop an individual or entity from using the Steemit blockchain it does seem as though the ‘decentralized’ social network’s ToS allows for banning at their discretion.
12. Discontinuation of Services.
12.1. We may, in our sole discretion and without cost to you, with or without prior notice and at any time, modify or discontinue, temporarily or permanently, any portion of our Services. You are solely responsible for storing, outside of the Services, a backup of any Account and Private Key that you maintain in your Account.
12.2. If you do not maintain a backup of your Account data outside of the Services, you will be may not be able to access STEEM, Steem Dollars and Steem Power associated with any Account maintained in your Account if we discontinue or deprecate the Services.
13. Suspension or Termination of Service.
13.1. We may suspend or terminate your access to the Services in our sole discretion, immediately and without prior notice, and delete or deactivate your steemit.com account and all related information and files in such without cost to you, including, for instance, if you breach any term of this Agreement. In the event of termination, your access to the funds in your account will require you access to the Steem blockchain via the command line API or third party tool, and will require you to have access to your backup of your Account data including your Account and Private Keys.
ha, no worries I welcome the increased difficulty bomb
The updated snapshot makes more sense too btw as now the main stream media’s reports are clearly being talked about.
i.e. Yellow Vest protests in France and the ‘supposedly’ crypto friendly banks that are associated with them.
And of course the Norwegian millionaire whose ransom was requested to be paid in Monero. Although XMR isn’t trending at the moment, the story still appears to on the collective mind of the crowd it seems.
“Yellow, vest, French and banks” are all related. How is it related to the crypto ?
That is probably one of the most perfect examples of the crypto crowd behaviour.
After the speculated “bank run” in French by the “yellow vests” there have been “expectation” of crypto adoption coming as the result.
Can it be true? We don’t know.
But all these look more like “shilling” or, put it in the linse of the behaviour analyses - “irrational expectations of more growth when we are already have grown quite a bit”.
Sign for a temporary top may be?
The trending of TRON/TRX can mostly be accredited to the price increase of the last week (+ 53% in 5 days) and the marketing tactics of their team. The team is currently driving large amounts of conversation towards the project. This is of no surprise for their (ni)Tron summit is set to kick off in San Francisco on January 17th.
leading up to the Tron summit, this could be an excellent time to start building short positions, as these conferences have historically been buy the rumor, sell the news events.
Other interesting news surrounding tron:
Other key words of interest where the words “kidnapping” / “norway” and “banks” / “vests” / “yellow” / “french”, this is because of the following news stories: