[sc:cm]

Wolong has been famous for allegedly rigging the initial Dogecoin pump and dump, even drawing a response from jackson palmer. After that time he had since sold all his dogecoins, pumped and dumped a few other coins, and created his own pandacoin that stirred great controversy and ultimately collapsed, but from reports not without Wolong benefiting from it. He has allegedly amassed 10,000 Bitcoins from his accumulated pump and dumps, which would be worth about 5 to 6 million usd at the low bitcoin prices today of 600 +/- off from its highs.

Quite a bit of dogecoiners were happy that he sold all his dogecoins and didn’t return to rig prices, as it detracted from the philosophy of 1 dogecoin = 1dogecoin and the fun of the internet currency tipping.

wolongshowhand wolonghwz

He has since converted a fraction of his bitcoins into fiat (singapore dollars are about 1.26 to 1 usd) and challenged a forummer to match him. HWZ is a singapore themed forum, and much like Wolong’s dogecoins and altcoin threads, has kicked up a giant ball of activity and controversy.

He has been famous (even infamous) on Dogecoins for the mystery chinese whale and other price manipulation/rigging accusations and activity.

Note that there are no capital gains tax in Singapore, and cryptocoins are unregulated in the city state (thought that may change) Presumably, trading gains from altcoins would be untaxed.

wolong

At $55k SGD on the table, that is about $43.6k USD.

http://forums.hardwarezone.com.sg/eat-drink-man-woman-16/%5Bgpgt%5D-wondergirl-nothing-4607007.html

Forum Reactions:

wah! kongming show hand riao!

(kong ming refers to the wolong, sleeping dragon having awoken, a famous chinese general zhugeliang being named wolong)

i remember got a thread about u trading bitcoin or something? so were u affected by what happened lately by bitcoin?

wolong: no la, buy low sell high, rinse repeat, increase bitcoin holdings, price doesn’t affect me

Are u Roman Abramovich?

TS should open money changer..

Wolong:

“so which edmwer is richer than u? i wonder”

I think there are many. lol I am just small fly.

Wolong: Aisyoz wrote:

income tax IRAS must declare or not har

No need, MAS already mentioned that gains from trading, bitcoins etc is not without risk, hence not taxable

Wolong: Exact amount is 55k.

This is not show off thread, no need to withdrawal all cash lol

This one from your dogecoin ah?

in this epic thread

chey at most i count also 50k.
come back when u have full of 10k notes lying in picture .

CANNOT EVEN BUY COE paper.

wolong not haolian type la. he just want to eradicate wondergirl for the good of the community lol.

if i am not wrong, he also trade bitcoin and other alternate coin one. i also do that, but mine is not speculative one. if i remember correctly, his technique is to get a lot of investors’s money and do pump and dump scheme, he will pump lots of money in then at the same time spread lots of news on the price growing, then when time to dump, the amount of people coming in based on the news buys his dumped coins. i not so bad la. i always just hop on the train that pump and dump people rides, then i just dump before they do.

anyway, like he mention la, he is not really showoff la, he has millions in investment, he only show hand a few k in cash to spite wondergirl. and like he said, there are richer people in EDMW. just a few months ago. i bought something from a guy here, we drove down to central to meet, he drove a gallardo lol. all for a $5 item lol.

Wolong’s signature

淘宝代购/We pay for your Taobao orders！
Current Rates 目前汇率: 4.82 09 March 2014
Unable to topup due to alipay constraints, but will do 代付 for any amounts.
You can however exchange sgd to rmb according to my daily rates and I will take note of your rmb holdings and pay for you when you need.
Wechat: wolong-artofwar (Msg me on wechat instead of PM for instant processing)
Alipay Email: paywolong@gmail.com
Buying Bitcoins? My rates are lower than localbitcoins.com

[sc:prepost]