Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => NEO Forum => Topic started by: onlinedollars on June 04, 2018, 11:35:59 AM
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For some time now, Alibaba and Microsoft have been using Neo cryptocurrency in receiving payments for purchases. However, the impact of this partnership had not been felt on Neo performance. Why could it be so?
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For some time now, Alibaba and Microsoft have been using Neo cryptocurrency in receiving payments for purchases. However, the impact of this partnership had not been felt on Neo performance. Why could it be so?
I think there may not be much impart on Neo because,it depends on the amount (or volume of coins) coins used by customers to buy online. The volume of Neo used may impart positively or may be negatively, but it may be that it is not imparting positively otherwise it would have been felt by the Neo ecosystem.
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I think this is just later so the best thing is to wait, I believe this is a good partnership made by neo since alibaba and Microsoft are in good success.
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In my opinion the massive adjustment is along the way. The present condition of both parties is on the process to be tight and the bond should be solid. It takes time before everything will works fine.
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NEO is a very strange beast... in the early days of its Antshares to NEO rebrand it went absolutely parabolic for a 3 day weekend.. after this it did a pullback right into China FUD... it struggled through most of December but then absolutely mooned again in January when most other coins were pulling back... its really hard to gauge NEO as a project because its price fluctuates so highly.. I always buy it when its very low but I dump it when it sees some gains because it always finds its way back to the bottom somehow everytime.
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i like the fact that neo is now a partner of Alibaba and Microsoft this two have great influence in the world because their products is known widely. Whenever the people heard about their partnership with neo it will bring great result because it will attract more investors and no wonder neo will become next to ethereum someday.
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Perhaps the reason that this did not affect NEO is that NEO is not very well suited to the role that Microsoft and Alibaba has prepared for him?
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The signing of a cooperation agreement with such giants as Microsoft and Alibaba should strengthen the position of NEO in the crypto market. Even the fact that of all existing projects these firms have chosen NEO speaks of its great potential in the future.