If you're not going to read through the end, here's the conclusion: DO NOT PANIC!
Following China's regulators discussions to suspend all in-land ICO, a minor panic wave hit the NEO market. This came just at the dawn of another bad rumor that NEO Wallet was hacked.
The charts gave thousands of people a mini heart attack when it dropped to 0.00645500, a threshold crossed over since August-10, before the big bull ride.
Experts are naturally advising, at the present hour, to buy-in NEO.
This is due to 3 simple facts:
- Crackdown on ICO never works: Remember Venezuela and Russia
- Even if strict regulations are enforced, the government spoke nothing of banning ICOs. These are impulsive measures that they will eventually have to adapt and cope with
- VPN, VPN, VPN... Needless to say, it's not rocket science to bypass IP location restrictions and still participate.
Good luck to everyone hodling NEOs.