NEO (NEO)

NEO (NEO)

> company owns 50% of coins
> it's not decentralized
> it jumped from 5$ to 50$ in one month without any news, without them releasing anything new, without any new annoucement, without any reasson at all

How is that a viable investment?

if you understand the Chinese none of these are red flags

Because it's the Chinese ETH you FUCKING retard.

1) of course the company owns 50% of the shares. SHARES, not coins. NEO used to be called antshares. you are buying a SHARE of the company.

2. of course it's not decentralized. a fully decentralized system would not be approved by the chinese overlords

3. it jumped because of rebranding and people realizing wow, you can buy NEO and have it generate GAS and sell it on binance. that's pretty fucking cool. and it has ICOs coming up? WOW! just like eth! that's called "news" buddy. maybe do your own research.

4) please don't invest in NEO. we don't want retards becoming rich.

The Chinese don't give a shit about Western innovation, or who did what first. You should be treating this like when Ethereum first popped up in the West, because that's how the Chinese will likely treat NEO if the devs are any good.

Also, you weren't totally right. They had a re-branding shortly before they pumped

this, Chinese ETH is going to bigger that current ETH

>one developer who lives in the US
>68% of the trading volume is from US exchanges
>ethereum of China
lol

>Chinese people don't use Bittrex

Literally kill yourself my man.

>hurr durr only 1 developer
FUD disproven already. kys

Fosun, an 11 billion dollar Chinese investment firm, invested millions into News parent company Onchain.

If it's good enough for them, it's good enough for you.