RE: The ANS/NEO scam - why I don't recommend buying it

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The ANS/NEO scam - why I don't recommend buying it

in neo •  7 years ago  (edited)

I don't understand why this type of content always sparks hatred, it could just have been a discussion.

So, why does China need it's very own Ethereum?
I'm guessing the same exact reason it needs it's own Amazon (Alibaba) and Google (Baidu).

On your conclusion, use this to check if China cares about Ethereum: https://trends.google.com/trends/explore?q=ethereum

Nope.

The exchanges thing, I dunno man, OmiseGO is 40% on Bittrex. IOTA 90% on Bitfinex. Don't really see how those numbers prove something is a scam.

Personally though, I like NEO because it allows us to create smart contracts in two languages that I love writing code in, Java & Python - for me it's the easiest way to get into writing Smart Contracts, I don't need to learn a new language that will only be used for one thing (like with Ethereum), I also really don't want to write contracts in C++ for EOS.

I've also found that transactions are super fast and I love the idea that my wallet generates GAS, just for HODLing.

I don't know man, maybe you care - in that case, thanks for sharing your opinion, but I'm still a HODLer.

On the other hand, maybe you're just spreading FUD to hopefully drop the price, so you can get in cheaper and wait for launch.

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You can't use Google trends for China. Google is blocked in China.
You can't generalize exchanges like that and your numbers are way off. IOTA is way more balanced on various exchanges and you can't use OMG as it was quite new around that time. The thing was that the majority of Chinese used their exchanges and there was pretty much no trade of ANS/NEO.

What you like is however a weakness. It makes smart contract review difficult. You can't afford bugs in smart contracts either. Thus a formal functional language would make a lot more sense and the fact that you can't be bothered to learn a new language has no bearing on that, because losing millions or billions of dollars from smart contracts is not an option.