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RE: The Crypto Currency Roller Coaster is Not for the Faint of Heart.

in #bitcoin7 years ago

Definitely going to be a bumpy ride for NEO and ETH. It's also carrying into the majority of alts as well. I would keep an eye out the next couple of days for big dips and look for buying opportunities. Buy when there's blood in the streets...although I do not plan on buying NEO nor ETH (I never owned in the 1st place).

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I'd for damn sure buy some NEO now though, this looks shady as all hell looking from their viewpoint.

Didn't NEO's first, upcoming ICO on their own platform, Red Pulse, announce that mainland Chinese couldn't participate only a couple of days ago? And with NEOs coin already in circulation, I wonder where all those Chinese residents will put all their otherwise newly refunded coinage? At discount prices too...

I wouldn't be surprised at all to see NEO having cosied up with Chinese regulators to effectively become the only official option for buying new Chinese tokens, in the near future.

"Chinese ethereum" indeed...

NEO is under the billion dollar market cap and under $20 USD. Rough days ahead for NEO holders. I'm staying away from NEO. I do like Lisk right now. Under $6 USD with some big events coming their way in the near future...rebranding, SDK, Microsoft Azure backing.

@pbgreenpoint , this is really valuable information, and will definitely help for the mass adoption of cryptos. Just upvoted your comment. @gold84