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NEO will crash after 8th August and this is why

I have heard about ANT/NEO over and over either online or from crypto lovers around me. It gets me excited at first thinking it is the next Ethereum, so I decided to do my own research before committing. Unfortunately, I was disappointed by my findings when NEO, IMHO, couldn't get the basic things right. (FYI on my background, I am a Chinese software engineer)

Here is my findings

1.Wallet(app.antshares.org) is not usable at all! Never finish syncing! I sent some antshares from exchange to my own wallet. I can see it from the antcha.in, but coins didn't appear in my wallet until after almost 2 weeks. Besides, the design sucks! The PC wallet looks like it was built in 1990s.

SECURITY!! The new wallets coming out (http://neowallet.cn, http://neowallet.net) are not in https! That means all your interaction with this website can be hacked. Either any hacker can change the actual content of the website, or they can intercept your request in this website, for example, when you are uploading your backuped wallet, they can see it!

Website was broken for more than 2 weeks (last month, at the time when I was doing research). Document links were not working because they didn't "备案“ in China (meaning, they didn't register their document site with chinese government. therefore, nobody can get access it).

In their previous website design (I think they just redesigned the website), they have a section showcasing pictures of the contributors. But if you look closely, they duplicate the contributors' pictures to make it looks like there are a lot of contributors working on it.
65 posts and 6 images submitted.
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>>2967874
Developers, they really have too few of devs. They had 3 phases of ICO. The most recent one is about a year ago and they got 6129 Bitcoins, that’s about $3,677,400. That’s HUGE, especially when they are in China. A seasoned developer in Shanghai costs about $50k; A top-notch, Google T-6+ level engineer in Shanghai costs about less than $150k. But if you look at their github link: Neo Core: https://github.com/neo-project/neo/graphs/contributors, only the CTO Eric Zhang is contributing on a constant basis. (image:http://i.imgur.com/z8G0FjN.png) .I'm not gonna post all the repositories, but if you go through all the projects, https://github.com/neo-project, DESU, I think it's less active than some scam coin. I'm not saying active means the project is great, but at least it suggests there are people actively working on it. NEO promised a lot, but if nobody works on things, what does that mean?

I have also seen so many comments about how Chinese government support / will support NEO or how chinese only prefer chinese company. First, there is no public news about chinese government supporting NEO and there is no history about chinese government support any type of“民企”(company owned by chinese individuals /investors / stakeholders). Chinese government usually only support “国企“ (company owned by the government, because they are the government’s arms and legs). Secondly, Chinese government might still support digital assets or blockchain in general. But most likely, they won’t be comfortable with a decentralized distributed system. Do you know that Chinese can’t even exchange more than $50k worth of RMB to any foreign currencies? If Chinese government is going to embrace blockchain, it’s likely going to be a centralized system. In fact, the central bank already established THEIR OWN research institute to work on blockchain and digital currency.
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Obviously, despite having very few developers, NEO’s marketing oversea is BADASS! There are so many hype and praises and 0 critiques about NEO in English forums while tons of critiques in Chinese forums.

In summary, the only thing that NEO is great at, based on my research, is oversea marketing. It seems like the slogan “NEO is the Chinese Ethereum” is working really well. And maybe due to the language barrier and cultural unfamiliarity, research is just hard . From my perspective, if they can’t get the basics right, why should I trust them with my hard-earned money?
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Thanks for posting, anon. Makes me feel better about not buying.

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Yeah the big blockers will centralise Bitcoin. Yes that's bad. I think it'd be worse when Core devs enrich themselves by depositing your coins with banks. Yeah they call it lightening network or whatever but it's a bank. A bank that will follow your transactions, step in for the government to watch over you and tax and eventually enslave your asses all over again. yeah, that is so much preferable than some greedy chink making more bucks. Fucking cucks.
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>>2967794
Its ok, bitcoins deflationary nature will make us all rich. The banks can't print money into existence anymore, its like going back to gold standard. I like it.
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>>2967824
Great analogy!

Do you remember what happened to all dat GOLD? It was confiscated, dumbass!

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How far away is this? What are your projections?
34 posts and 4 images submitted.
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bitcoin/ETH:
-Payment processor spends 10 days downloading entire block chain
-customer gets his bitcoin wallet out which is held by a 3rd party scam like Tenx or MONACO since he can't download the entire block chain on his smart card
-customer swipes card on payment processor
-wait 3 days for transaction to confirm
-gets charged 50% of the product price on transaction fees
-1 year later the 3rd party ICO scam goes bankrupt and steals the customers bitcoin/ETH

That's how it's going to work
Unless you can do it without needing to download the whole block chain or having to hold your coins in a 3rd party ICO scam wallet, then it's never going to be adopted
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>>2967773

thought it said CoinKike

phew, that was a close one
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>>2967788
Yes we need the banks to fix this for us, they have experiance. blockstream is already working for us and making money so more will folow.

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Hey /biz/, what is the best cryptocurrency card available for non-US Residents right now and how do I get it? pic related
12 posts and 2 images submitted.
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Wirex
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>>2967933
>and how do I get it
You didn't answer his whole question
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>>2967754
Monaco. They dont have cards yet, so therefore good buy opportunity. consider it a high risk though

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HOW DOES THIS MAKE YOU FEEL ANT KEKS?
15 posts and 5 images submitted.
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>>2967752
Guess who's going to be taller when they grow up...
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>>2967752
First of all ANT is Aragon. ANS is Antshares/NEO.

Secondly, if BTC and ETH are 6'2 then the height of ANS is labeled inaccurately since half of 6'2 is 3'1 and the ANS dude is depicted as being approximately half as tall. So the 5'8 label is retarded.
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>>2967765
The overemphasis of the height difference is the joke.

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Tell me about this coin. It seems to be pretty popular in Japan right now. Is it worth investing in?
13 posts and 1 images submitted.
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Its one of the bes cryptos nowadays.
low transaction fees
you can send messages
fast transaction
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>>2967750
Undervalued coin
>>
Isn't catapult due sometime this month? Should go up in value once its released.

Bitrex added a ETH-DGB pair today.
Poloniex must follow this step soon.

Which exchange will be first for USDT-DGB?
13 posts and 3 images submitted.
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okay :(
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>>2967740
F
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>>2967740
is this for real OP
thats actually awesome

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I have the feeling we need some wojacks soon.
You're welcome /biz/.

Buy high, sell low, over and out.
19 posts and 7 images submitted.
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>>2967739
I sure hope so. I have some buy orders that need filled. Sold at 3280. If it goes up i may vomit.
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I'm waiting for the last big crash. I have a feeling with all the big investors joining crypto more normal faggots will be drawn to it. Either one of two things will happen. Bitcoin will continue to rise to new heights with the addition of new consumers and if all runs smoothly (No crashes, forks, hacks, etc) it will become apart of daily life. But if Bitcoin doesn't run smoothly all the new investors will be burned out and learn not to trust bitcoin or crypto in general, regulations will be put on crypto in some western nations, and we will expierence a long period of stagnation after the big drop in price. After a few years it will all happen again (Like in 2013-2014)

This year is going to be one of the most important years in cryptocurrency.
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>>2967747
>If it goes up i may vomit
dont be greedy. it turns into decisions which make you postp ink wojacks

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BCH is about to collapse!

Everyone has lost all hope! if you have any i seriously reccomend selling to cut your losses, and just buy NEO which is about to moon.

SELL BCH
BUY NEO

NOW
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ROGER VER HAS JUST ADMITTED ON CNBC THAT BCH WAS A MISTAKE

AAAAAAAAAAAAAA
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THE GOOKS ARE DEVOURING THEIR OWN

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How illegal would it be to set up a fake site pretending to be an ICO. My "friend" is shit at trading but he is good at scamming. My "friend" wants to have a nice little accumulation of Bitcoin but trading is too hard for him.
12 posts and 2 images submitted.
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>>2967603
kys
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>>2967603
Holy fuck, neck yourself immediately you asswipe.
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>>2967603
>How illegal would it be to set up a fake site pretending to be an ICO.

Literally every ICO is a scam.

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Mona is so dead nobody even fuds about it
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What's this one? Jap coin?
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>>2967602
Is this literally the only sales strategy Japan has? Pretend your product is a cute anime girl?

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Is there a reason that Ethereum will fail?
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>>2967557

He knows exactly how to play you and take your money.
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>>2967557
Lol, ik spreek vier langues et je suis ein fetten arschloch hoping to get rich on memecoinz.
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Do you guys think Vitaminn is a virgin?

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2nd warning(yesterday i told u to buy at 1600)

Literally on the 2k wall

buy now before it hits 3k nothing is in its way.
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>>2967441
here we come.
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>>2967441
Awesome. Bought 100k.
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>>2967441
Marvellous, recently purchased one hundred thousand.

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In 20 years, your children will ask you where you were when SIGT broke 2k, and why you didn't buy any.
41 posts and 7 images submitted.
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I'm dumb, what does "broke 2k" mean?
>>
Condese your threads and quit spamming up the board with your garbage.
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>>2967641
It means 2000 satoshis. It's trading at about 2010 satoshis on cryptopia right now

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>come to biz after being interested in stock trading
>full of shills
why's this board up?
70 posts and 13 images submitted.
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>>2967329
It's a bunch of NEETs who know nothing about stock trading so they trade digital coins that have no monetary value and burn through their entire bank accounts, then LARP on here to edge the pain away from the fact they just lost over $1000 in a couple days, then shit on stock traders despite stock traders been richer than they could ever dream of being. Go anywhere else, not kidding, literally any finance/business related forum is miles better than this crock of shit
>inb4 are you mad you lost money on bitcoins lol
I've never bought a single digital coin in my life and I'm better for it.
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>>2967329
what a qt.
sause ?
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>>2967365
yikes

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