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TheZenDegen
Oct 2, 2017 3:33 PM

Short NEO Short

NEO / BitcoinBitfinex

Description

To quote kexari "NEO has the biggest hype of all. Westerners call it the "Chinese Ethereum". Yet nearly all the trading volume comes from the West. It's a joke comparing it to Ethereum. The white paper is incredibly ambitious, 90% of it is unimplemented. The GitHub activity looks comparable to a hobby project at best. The CEO is conveniently an advisor to all the ICO's that will use NEO. It's a pump and dump scheme. The best one there is. It has no intrinsic value because it doesn't solve any problems. Nothing is implemented other than a token distribution system hosted on a few servers. If you're interested in a coin like this you get in before the hype blows up, take your profit and park it somewhere safer like Bitcoin or Ethereum. Going in now would be a horrible decision."

This coin is the hype-master and I don't think it can keep up anymore...especially with the recent china crackdown. Expectations are going to dwindle and the over-inflated price will collapse with them.
Comments
VanBenno
Correction:

It's a joke comparing Ethereum to NEO**
k3m
lol great TA - not.
kash27
There are so many holes in your arguments. But even if we assume youre right, that doesnt mean NEO's price will stop growing. The cryptos are being more and more invested in, and NEO is one of the major coins.

It might be a sham coin (which I disagree with), however it will keep going way up in accordance with the whole market
Eldal
boo
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