/biz/ - Business & Finance

[Anonymous No.10646538]

I am financially ruined.

[Anonymous No.10646552]

>>10646538
>90% down from ath
really?

[Anonymous No.10646562]

>>10646538
Should've sold in January, bought when it was Antshares and made tens of thousands. Still have the GAS just in case crypto is born again one day

[Anonymous No.10646594]

It's only going to get worse. NEO is a total shit coin and garbage blockchain. It's headed sub $5

[Anonymous No.10646606]

I made a little bit on this thing awhile.
What happened to it?

[Anonymous No.10646609]

>>10646594
stop lying asshole

[Anonymous No.10646618]

>>10646594
So is 99% of the market. It doesn't stop any coin from going to their ATH again.

Don't be an idiot

[Anonymous No.10646641]

>>10646609
>>10646618
LOL neobagholders. Inb4 you bought low at $0.000001, the ultimate LARP of people getting roasted

[Anonymous No.10646656]

>>10646538

Buy from chink, broke in a blink

[Anonymous No.10646674]

>>10646641
I'm actually still in a profit because of trading neo ico's ;)

[Anonymous No.10646692]

>>10646594
I've seen whales casually moving up and down 2000 neo walls like nothing accross various exchanges. Surely people holding so many coins will drive the price down forever and ruin themselves instead of eventually filling their bags and skyrocketing the price. That must be it.

[Anonymous No.10646735]

>>10646641
you are a mental midget and you have no clue whatse you talking about. I'm buying NEOsheits now at every dip for the first time. eoy easily 8-16usd.

[Anonymous No.10646779]

NEO is the most elaborate of the chink scam coins. They have enough working code to make it appear as though they're actually doing something, but if you look beyond the surface you'll see that they have made no effort to decentralize, and virtually no progress is being made on development.

[Anonymous No.10646789]

What was the price when the name change from antshares to Neo?

[Anonymous No.10646868]

>>10646692
stop this COPE.
everyone has been thinking that his coin is different and is just manipulated by evil whales for the past few months. And the harsh reality is they are pretty much all fucking worthless. They are worth as much as collectibles so maybe in 150 years it will be "cool" to hold some neo again but that;s about it

[Anonymous No.10646955]

>>10646868
Not only this one, all promising alts have whales and bots tanking the prices. Just talking about neo because fuck you I'm not selling. Oh and drive to $1 if you can please, I'll get 3000 more.

[Anonymous No.10647006]

>>10646538
I hope the obnoxious pedophile faggot that kept posting the lazy town girl last year fucking killed himself.

[Anonymous No.10647008]

>>10646955
once it's at $1 the liquidity will be as good as Jesus coin on cryptopia etc
have fun with your bags, this is another cope for the bagholders bingo compilation

[Anonymous No.10647054]

>>10646789
$6

[Anonymous No.10647062]

>>10647008
Sadly yours only have one space for your one neuron to be able to solve it.

[Anonymous No.10647069]

>>10646538
It's your fault for investing more than you can afford to lose in a super high risk asset, retard.

[Anonymous No.10647089]

>>10646562
why would anyone put money into this?

[Anonymous No.10647096]

>>10647054
back to Antshares soon then

[Anonymous No.10647370]

>>10646562
>made tens of thousands
you haven't made shit until you sold it

[Anonymous No.10647449]

>>10647062

To be honest, I'm not really that interested in the price right now, the tech is what appeals to me (I already deleted my blockfolio). I believe in the project, so the day to day price is of little concern to me. Besides, the entire market has suffered so this was to be expected... imagine you sold etherium at $10, and how you would be kicking yourself for that. I would argue this is a much needed correction and is bullish for the longer term. That said, I wish my pay check would come in sooner so I could make use of these panic sellers. Hopefully the price will stay down and I'll have some time to accumulate. For now the whales are keeping it low and there's a lot of baseless fud going around, most of it started by buyers who want to get in cheaper. The fundamentals are still great, the partnerships are legit, and there are some big updates coming soon, so just keep accumulating and check back this time next year!

[Anonymous No.10647497]

This had a shitcoin smell about it from very early on.

>Chinese Ethereum is a Western meme and everybody knows it
>Why no github activity
>Nobody seems to be using this
>Crappy-looking software (OK that's no exception in this space)

So it mostly had its age, some existing code base and smug leddit "it has better tech" shitposting potheads going for it.

But even when the centralization details and bugs came out, and when it shat itself at 5 tps rather than the claimed thousands of tps, you still had a lot of time to get out.

You only have yourself to blame.

[Anonymous No.10647499]

>>10647449
lol

[Anonymous No.10648262]

>>10647497
>But even when the centralization details and bugs came out, and when it shat itself at 5 tps rather than the claimed thousands of tps, you still had a lot of time to get out.
I actually sold my stack when that happened back at like $80. Took a small loss, but more than made it back in EOS. Second best trade I ever made after selling Nano at $15.

[Anonymous No.10648294]

>>10647062
>coping this much to edit a photo that's basically a fact

[Anonymous No.10648337]

Baghders should sell right now. Just admit you got chinked and move on. Sorry.

[Anonymous No.10648384]

>>10646538
I know "China hustle" gets thrown around excessively here and I generally disagree with the whole "all Chinese are scammers" meme but.... this is literally the original China hustle of crypto. I was saying it when it was Antshares and I'm saying it now. The product is pointless, solves no problems, centralized, slow, zero adoption. Literally the only reason it exists is to scam young gweilos out of their allowance money.

[Anonymous No.10648411]

Im ruined.

[Anonymous No.10648422]

>>10646779
Astounding that so many retards fell for this isn't it?

[Anonymous No.10648599]

>>10648411
WHAT A MOTHERFUCKING MONSTER

[Anonymous No.10648646]

>>10646868
>manipulated
>In a market of few participants with massive financial inequality and zero regulation?
>how could this happen

[Anonymous No.10648694]

>>10648646
every coin has shitty liquidity and zero regulation, I'm sure "the whales" are hee to get your coins from you. I've been hearing that since months about every possible shitcoin

[Anonymous No.10648714]

>>10648694
>to get your coins from you
They'd have to break into my house, I guess.

[Anonymous No.10648750]

sodl my last NEO's when it broke 30000 sats resistance. What conviced me to do it is their their recent AMA. They basicly said there that until NEO 3.0 arrives nothing will work on the platform, so that is like 2020. Absolutely ridiculous! This thing will go down to Antshares prices.
And what about the 5 million NEO spent?!!! WTF IS THAT?!!! They spent 400-500 million dollars in 7 months for what exactly?

"Da Hongfei: The competition in the public chain is fierce. Many public chains employ many developers to compete. NEO currently has seven core developers, dozens of full-time community developers and hundreds to thousands of surrounding developers. The core developers in China are Zhang Yiwen (co-founder of NEO) and Li Jianying (responsible compiler), and the remaining five core developers are overseas. There are few domestic talents, and our development is not enough. Now we are recruiting some potential people to cultivate ourselves."

You want to be the best and have a half billion dollars budget, but have only 2 fuckin devs one of which is the cofounder?

THEY HAVE TWO DEVELOPERS IN CHINA?!!! SPENT 500 000 000$ in six months???!!!

ON MARKETING HE SAID "Currently we are reviewing past marketing work and outcomes. Preliminary adjustment had been made in NGD internally. We welcome marketing talents to work for NEO and please shot us an email to [e-mail] if you think you are the one we are looking for."

BASICALLY NO MARKETING BUT SPENT 500 000 000$

WHAT A SHITSHOW!!!

[Anonymous No.10648821]

>>10648750
Its only once you sell a shitcoin that you can take a realistic look at it. Compare the github of neo with an actual decent project like Ethereum or EOS. The website is so bad, the design is just awful and no effort made. The china hustle is real. $100 worth of neo in the beginning of 17 was worth approx $100,000 a year later. They've already made millions upon millions.

[Anonymous No.10648838]

>>10647062
holy fuck the cope is so strong you had to make that pic. even had to make up the term 'bear shill' kek

[Anonymous No.10648845]

>>10646779
NEO was never supposed to be a libertarian trojan horse to force freedom on China. That entire premise is fucked and a faulty metric for shitting all over the project. There's also the fact that NEO used to be a one man minimum viable product and 10 months of rebuilding were required to male it a modular, well understood minimum viable product with sufficient test coverage. It took that to get it to where NEO can add more bookkeepers without having to worry about taking weeks/months for every little tweek because overly decentralized network coordination is like herding cats.

NEO would be hopeless if they'd fully decentralized and HQ couldn't pull the majority of nodes to force updates immediately as required.

But yah, libertarian virtue signalling greater than remediation efforts. Libertarian virtue signalling super duper important to prove to China that NEO is super duper outside their walled garden and not open to implementing and deploying code to address regulatory frameworks.

Only Ethereum is anarchocapitalist enough to pass every purity test.

[Anonymous No.10649163]

Sold my 1k bag of neo today. Left the generated gas as an insurance.

[Anonymous No.10649353]

>>10646538
Womp womp. NEO is literally the safest bet in the space outside of BTC. They'll get their smart economy one way or the other and speculation will drive the rest of the price. Its the only other blockchain with Dapps besides ETH, you dont think people are gonna speculate on that? lol

[Anonymous No.10649420]

>>10649353
Why hasn't there been any commits?

[Anonymous No.10649450]

>>10649353
>Its the only other blockchain with Dapps besides ETH
u wot m8

[Anonymous No.10649483]

>>10648384
Vechain is the new neo. Absolute shitcoin yet the cult that promotes this coin swears it’s the real deal cuz muh Breyer

[Anonymous No.10649504]

>>10646538
CHINKED

[Anonymous No.10649665]

>>10649420
You can ask the creator of NEX. He'll explain it to you. Something to do with squashing and merging and most of the development being in neo-sharp. It does appear that he's telling the truth and not just shit talking an "in theory" game. The recent code sprint photos back up the story that the European contingent has succeeded in getting their superior reference implementation accepted by the sluggish Chinese group.

Again, NEO is complicated. It's the first time I've seen a Chinese company partly reverse taken over and legitimized by a European group. Couple this with the fact that NEO has actual DApps and nOS (Euro project) has something like 50 DApps launching on it that use NEO GAS and I think this is a verified serious project that is being steered by serious people who are going to keep NEO on track to become what the hype around it suggested.

This is without even counting on NEO getting traction in China.

The price is 100% going to go to shit though cause almost every crypto "investor" is a coked out faggot living in a van down by the river. They just waive their arms around, open a single web page, click zero links, ask zero questions, and make a bunch of claims that they've done due diligence and research.

There's just room for the price to improve once the market settles and people realize what's actually going on.

[Anonymous No.10649718]

>>10649483
There is no western community backing Vechain. There are no western developers throwing 1000s of hours of their lives improving an legitimizing Vechain. Everything about Vechain is closed doors and questions. It is not "the new NEO". You're just a faggot who sees yellow and raises the roof like the Tron $1000 crowd.

Something to think about. NEO gets legitimized. It ends up actually working and functioning and running DApps and having a clear path to TPS and 3rd/4th gen features.

When China is ready, does it go with proven good, or does it jump on something like Tron or VeChain.

[Anonymous No.10649728]

>>10646779
this, succinctly

[Anonymous No.10649740]

>>10646594
this. just look at their github. its dead

[Anonymous No.10649971]

>>10649665
>>10649718
Price is undervalued relative to other platforms that don't even have any utility yet, like TRON or ADA. However, price is overvalued for everything across the market in general so I could see it going down more for now. The potential for NEO when the market reverses look good.