Quote from: R0mi on July 13, 2018, 12:05:02 AM

Quote from: jmigdlc99 on July 12, 2018, 11:50:58 PM

Quote from: R0mi on July 12, 2018, 10:57:34 PM

Li Xiaolai is a Grand Chinese Crypto Whale.

-snip-

I find your post to be both alarming and disturbing.

Are you saying that all Chinese backed coins are ponzi schemes? Not that i've invested in many of these coins, but i do have NEO which is dubbed as "China's Ethereum" in my portfolio. Maybe now is indeed a good time to look for an exit opportunity.

Yeah, I am embarrassed to admit I have Neo, too. It's called not doing your due diligence.

EDIT: Sorry, I realize that I did not directly address your question. From today forward, my working assumption is that if a coin's white paper involves personalities who have been involved in past pump n' dump Chinese Ponzi Coins, then yeah, until proven otherwise it is Ebola-laden plutonium. Proving otherwise is going to involve some work, starting with maybe reading the White Paper and thinking for 10 minutes about the 'real world' use case. Going through that exercise, completely by accident, over the past week on one of these Chinese Ponzi Coins was an eye-opener for me. And right after I did that, the Li recording hits the news. Well, no shit. Matches up to something I had dug into first hand. Look at my last 30 posts, you can piece it together.

Haha, in the Chinese text, Li directly says:
NEO也同样是个傻X项目，达鸿飞手里没有几个币。 NEO again like the others is a tw..t (fk...n) project , Da Hongfei (the founder) doesn't have a penny in his hands.

Funny thing is, Li Xiaolai's name in Chinese characters can jokingly read as: Li laugh is coming Cheesy

unfortunately it looks like no laughing at all