No any others but this article Chasing fake volume: a crypto-plague delivers a deep analysis and sounds reasonable to me. Does anyone can catch up any point that he missed, or ignored in the article? I was about to shift to OKex but now I stopped.

Hello Community,

Presently, cryptocurrency is more about investment. I would suggest you invest in some potential cryptos such as BABB (BAX) and STK (STK) what are low priced without hypes. However, there are two paths cryptocurrency possibly will have in future: substitution for the present currencies or extinction as it explodes.

I prefer the first path but the possibility of second path seems greater after I informed some news and facts concluded in 6 reasons below:

1. Cryptocurrency is not regulated by any authorized organization. The issuer of cryptocurrency will not be in charge of commercial crime if there is. The issuers are mostly private companies when they don’t necessarily announce their financial statements.

2. The influence of cryptocurrency is not expected as it’s encrypted. The market capitalization indicates a volume of 419 billion and there’s a large part of transactions are crime activities. Bitcoin is now the biggest currency in black market by TOR browsing when regulators are impossible to track them. A few months after Silk Road was wiped out, many have opened extra terminals to proceed Litecoin LTC for a reduction of risks.

3. Can cryptocurreny be in use alike present currencies? The answer is NO but not fully negative. According to its unstable feature, this is not a good idea to proceed by cryptos. For example, if commodity is sold for 1 Bitcoin as Bitcoin prices at, let’s say $9,000, what if it drop to $7,000? Cryptocurrency possibly becomes steady after major countries promote cryptocurrency as one of major payment methods.


4. Your property is not completely safe in bank but securer than in crypto exchange and wallet. Typically, users upload crypto and personal information on Datum cloud by paying Datum coin so Datum is able to collect either profile or crypto from customers with a centralization strategy. Depositors in either bank or wallet confront similar risks: either bank or exchange account are possible become hacked; there is a chance that they become collapsed as well. However, these factors confront differently in possibility when bank is much more steady and regulated.

5. The restriction to cryptocurrency is far not enough. First, crypto is not a local case but the global what indicates a difficulty of control. Second, government will not give up on the currency issued. Thirdly, the government doesn’t want finance scam. In China, lots of cryptos marked as money-grab funds. CPChain (CPC) is one of these similar to Datum which you expose personal info to [Suspicious link removed]pany and charge cryptos for risky service.

6. Too many hypes are cast in mess. For example, Tokencard develops its own wallet based on TKN Crypto announced a joint with VISA before the CEO of VISA stated they would never progress any cryptocurrency transaction. As the result, TokenCard looted enough cash from fund but TKN price never goes up again as expected.

Is there any possibility cryptocurrency becomes the major currency? Of course, it could become possible and really depends on how fast the public accept it as currency.

Please kindly write your thoughts or disagreements, thanks!

[What is NEO?]

Hello Community,

As NEO get fiery, I read and conclude some NEO cryptocurrency facts and phenomenons I want to share in a financially general view to help everyone understand a development direction of NEO cryptos.

What is NEO?
There’re several derivative crypto funding initiated last year enlarged the market capitalization. This is a growing trend started in 2016 led by bitcoin. As the trend goes, a lot more creative blockchains are founded recently after a big climb of bitcoin price in 2017.
Especially the EOS ranks 5 out of other more than 2000 cryptos and tokens in less than a year. NEO is one of these cryptos, a cryptocurrency that has a similar blockchain as EOS does. NEO cryptos are yet released but investors who participated the funding received 50 million crypto tokens in sum (This site shows what I read: https://citicoins.com/neo). NEO price is not gradually up as EOS’s, it was a smooth flat line before the climb of price.
You can find yearly graph here: citicoins.com/neo

Why NEO price grows rapidly?
Generally, there are 3 features you should know about NEO cryptos:
As mentioned above, NEO entered the market with good timing as the trend of cryptocurrency spread. By targeting the a general investment direction, NEO crypto sets up sooner than many of others.
Secondary reason is that NEO based in China takes advantages of population while China has forbidden cryptocurrency exchange. Based on large population, this is not wired that NEO with possibility of government support hits 11 in market capitalization rank — more users it owns, greater volume it has.
Thirdly, NEO is well-sensationalized. When Chinese holders hardly tunneled for crypto investment, NEO becomes the biggest choice. This is far not enough, NEO cryptocurrency optimizes advertisement of its idea in operation of blockchain (but it is a seemly straight copy from EOS) to attract good amount of consumers.

Is NEO good to invest?
We don’t know yet. They will officially release NEO possibly in the end of this year. However, its highly ranked position doesn’t reduce the chance of risk. Typically, people realize there’re some cryptocurrency were over expected once they’re released such as ICONOMI (ICN’s market capitalization never been stable: https://citicoins.com/iconomi)possibly due to market sensationalization. Let’s wait to see if NEO is worth to invest.

All above are my personal opinions, write it down if you have questions or friendly disagreement, please.