Recording Scandal of Chinese famous crypto investor Li Xiaolai. Inside stories about CRYPTO in China you will never know!
Tks to the guy who leaked this tape! Listen and read below! I know you dnt understand chinese but dnt worry, I abbreviated and translated all the conversation into following sentences for you!
Just read it!
1. Laomao used to be a small-potato, it is me who helped him to be a big wheel in the crypto field.
P.S: Laomao is the partner of Li Xiaolai, and used to be the co-founder of Yunbi Crypto Exchange.
2. Qtum issued by Patrick Shuai (Shuai Chu) is a rubbish coin, it was me who helped him to promote Qtum for 6 months. bcz his scamming method is very simple. If he decided to develop DAPP first, I should have asked him to go out until you brought the finished product to me.
3. The founder of block-chain should be least an instant online celebrity, fans-flow is the core competition, the rest of factors are all bullshit. As long as they believed in you, there will be common census and what you need to do is just continue cheating them.
4. NEO is also a stupid project, worthless; if you were Wang Lijie(famous angel investor in China), you will have sold them at 1.5 RMB either. but why its price went up so high, just because some big venture capital participated into it and hyped its price. Even Da Hongfei (CEO of Onchain Capital) himself is holding very little NEO.
5. I opened my own blog in 2015, and Luo Zhenyu (senior media man in China) helped me to sell my book and promote my blog. At that time,it was in bearish market,I cant make money in that situation but accumulated lot of fans then.
6. Those stupid lambs are all trying to do something unusual, tks to the government’s policy, if not for that, we have no qualification to carry out crypto business. Bcz at that time, Q coin which is issued by Tencent used to be the biggest crypto currency and biggest exchange is Shenzhen security exchange, they dominated everything then, we have no chance to participate into it.
7. Building Community and looking for hype point are the most important thing in doing a project.
8. Shinning achievement in the past is the only motive to encourage your hard-working after you already made financial freedom; for example, there is a scamming exchange called binance and there is a scammer called Justin Sun (Founder of TRON), you cant be lagged behind them, so you have to work harder and faster.
9、CZ (Founder of Binance) is not a good guy, he used to have confliction with Xu MingXing(founder of OKEX). He knows very little about technical issues. Why Binance succeeded now, bcz all the crypto exchanges had to shut down during the September.4th for crypto ban policy in China, but he insisted on keeping Binance opening as usual for his Canadian nationality.
10、You have to establish your own crypto exchange.
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