If Guo Wengui used to be sick with blasts and only harmed his comrades in arms, then he has now completely transformed into a “blood-sucking turtle”, greedily looking at all the ants that are about to enter the nest. Guo Wengui, who single-mindedly wanted to let Xibi go on the market at 11:11 on November 1st, the “good day”, failed to do so after all. If you miss the auspicious hour, there must be a big culprit. Let’s not talk about whether Xibi and the Xiexchange themselves are scams. Just because they are not registered in New York, they are selling digital currencies against the wind. The US SEC explicitly prohibits Guo Wengui from directly or indirectly participating in the sale of any digital securities for life, but he regards the SEC’s prohibition as a child’s play. Not only does he fail to fulfill the settlement clause with the SEC and pay fines, but he has become more serious, and he wants to use the happy currency to list in the ant. An inward rolling situation of absorbing gold and squeezing silver.

Is Xibi really listed? Guo Wengui said that Xibi is traded on 4 exchanges around the world and issued in 5 countries, and has obtained virtual currency financial licenses in these 5 countries, including the United States. But on the website of the Financial Crimes Enforcement Agency of the U.S. Department of the Treasury, when inquiring about all financial licenses issued by the U.S. Department of the Treasury, we found that no matter whether it is HiCoin or “Xcoin”, it can not be found. This is a typical fraud. Kalixi told the truth that the four exchanges on which the Xicoin is listed are actually the Xiexchange. Lao Guo played a word game. Is this what he said is traded on four exchanges and issued in 5 countries? This is similar to not going to the Olympic Games and having a sports competition at home. There is only one athlete, referee and champion. It’s no wonder that Lao Guo claimed that Xibi is the world’s most powerful virtual currency, and he has a strong ability to entertain himself in adversity.

One exchange is one currency, and drawing a curve is called listing? Judging from the transaction data table released by “Guo Media” and Xiguo Farm, Xibi “listed” within 15 minutes, bought 1,090,647.012, sold 1,675,866.785, and sold 580,000 Xibi (units) more than bought. Say “the sell is more than the buy”, half an hour later, 1.06 million more than bought, the price can miraculously rise to 6.75 in this case. But in fact, the “trading pair” of the Xiexchange is only a pair of Xibi/Hi U.S. dollar (HCN/HDO), which can no longer be exchanged with other currencies. The transaction price of 6.75 refers to “Hi U.S. Dollars”, which is completely different from the purchase cost of Hi U.S. Dollars at 0.1 U.S. dollars. In other words, the 67 times huge profit is an empty joy that cannot be transferred and paid. The most important feature of virtual currency is that it can be quickly transferred and redeemed around the world to achieve capital liquidity, while HiCoin is actually a dead coin with no liquidity. Moreover, at the beginning, I could see the data charts displayed on the Xiexchange website, but later I couldn’t see the information on the website. So the authenticity of these charts was doubtful. It was probably caused by internal graphics and the website was used to display fake data. Later, it was discovered that the data was fraudulent. Obviously, Lao Guo used the old tricks to temporarily block some information on the website. This is a typical stand-alone mode with a closed game currency scam.

Regarding the blockade of the data and information on the Xiexchange website, Lao Guo had planned in advance. Just after the live broadcast of the Xibi listing, Lao Guo Lima issued a statement stating that he only worried about two things after the Xibi listing. One is worrying about the safety of the website, worrying about being disrupted by the Communist Party, and that the website will collapse after being hacked. Lao Guo claimed to be the world’s No. 1 security in Xibi and Xiexchange, but he was always worried about the system being attacked, and blamed the Communist Party for the technical shortcomings and closed faults of his system. The second is worrying about the price. Old Guo said that as soon as XiCoin goes public, it will rise by 10 to 20 times. The Communist Party is likely to spend a large amount of money to buy XiCoin. On the one hand, everyone has no money to speculate, and on the other hand, the Communist Party will achieve control. . In addition, he is also worried that the IMF will be hoarding after buying a large number of hi-coins. Lao Guo said this with multiple words. It not only conveyed the valuable information of Xibi, but also related to the anti-community nature of Xibi. It also provided excuses for blocking the Xibi Stock Exchange website, falsifying information, and crashing the system. When designing the trap, you have already found a reason to close your mouth. HiCoin can make everyone earn a lot of money, but once there is a loss, it is the responsibility of the Communist Party to push itself completely. This is a typical example. Yes, it is also the scam routine used by Lao Guo.

Let’s take a look at the real data of Xibi and Xiex. The Alexa global network ranking (refers to the world ranking of the website, mainly divided into comprehensive ranking and classification ranking) is 565,334, and the average daily access IP is only 1,500 people. This It shows that there are only 1500 investors in Xibi. Because there are no visitors to the website of Xibi Stock Exchange, they must go through KYC registration to access, so visitors can basically be identified as investors. The pit that Lao Guo dug can be seen by industry insiders at a glance. According to his gameplay, he can’t get any money, so he can only fill the pit with ants who come in behind and don’t know much about it. The Panamanian SEC also recently warned of the Himalayan exchange scam, hoping that friends in the currency circle will expand. Only by putting on the “anti-fraud golden bell” can the ants be prevented from being drained and exhausted by the “blood-sucking turtle” and the Xicoin.

Umar Nisar

Umar Nisar was born and raised in the busy city of Abbottabad. As a journalist, Umar Nisar has contributed to many online publications including PAK Today and the Huffing Post. In regards to academics, Umar Nisar earned a degree in business from the Abbottabad UST, Havelian. Umar Nisar follows the money and covers all aspects of emerging tech here at The Hear Up.

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