Bitcoin and most cryptos are going to survive, but not NEO.
The description of NEO is literally "China's first ever open source blockchain.".
https://neo.org/en-us/
ICOs in China are 100% banned. Crypto exchanges are most likely banned.
NEO is worthless. There are going to be dead cat bounces, whatever. It's real worth is zero. Sell now to deluded bagholders or be lose even more.
Try to prove me wrong. Tip: you can't. It's going to to ~$0.01.
ehh... i doubt it
1. the vast majority of NEO's volume (over 80%, iirc) is in the west
2. it's very unlikely that cryptos are banned in China, particularly not when the rest of the world is slowly waking up to it. the govt itself is very much involved with cryptos. it's probably just a temporary thing (to place more regulation/taxes/control in the govts hands)
3. IF my prediction on 2. is correct, i wouldn't be surprised if NEO became "THE chinese ICO platform" or something of the sort.
>>3486233
The only true Western volume are exchanges that require Western fiat.
Bitstamp, Coinbase, to some extent Kraken.
NEO is Chinese. It's just traded on Bittrex, Binance, Bitfinex.
Bitfinex isn't even open to US customers anymore.
Tfw bought NEO yesterday, should have bought GAS.
I don't think it will die. NEO is made in China and China likes their own products.
Easy to prove you wrong. China isn't banning - they're suspending while they bring in regulations. Long term this is good, short term bad.
post more chink webms
>>3486125
>>3486674
>By legal digital currencies they mean CNYcoin backed by the PBOC.
Neo always intended to run on CNY.
I already sold my NEO awhile ago but just to tell all you retards, the purpose of NEO isn't to fund fucking ICO's.
Fucking dumbasses
>>3486125
claming NEO is an ICO platform
haha , nice research brah
>>3486125
>dat high IQ.
The vast majority of chinks are glorified niggers. We see the proof time and time again.
>>3486839
>before the smack down, the only two fee generating clients on the platform were ICOs.
it's over
>>3486824
No ICO-s will kill the hype, that's why I sold 80+ % of my NEO, but NEO is the Chinese government's bitch by design.
It's not going anywhere.
GAS got huge pump.
and NEO will get one too. It's a good coin and not ICO trash
>>3486652
you are referring to this
https://news.bitcoin.com/chinese-bitcoin-exchanges-may-face-stricter-regulation-and-licensure/
this is also another interesting news
https://www.cryptocoinsnews.com/charlie-lee-okcoin-and-huobi-to-meet-regulators-friday-chinese-bitcoin-exchange-suspensions-a-good-thing/