Banned ICOs replaced by Forks? | Bitcointalksearch.org

drm

legendary

Activity: 1176

Merit: 1005

Quote from: dead_m92 on November 14, 2017, 10:49:03 PM

forks? why do you want another fork? it can not help, doesnt matter what.
If they are banned, just like it happened on China, they can not be a fork, maybe they can just be a fork of a shitty coin, but it requires a lot of money and of course, support from the community and the whole blockchain (whatever the blockchain for that altcoin is) so it is almost impossible, because the whole China community would not accept it because it is not legal at the moment.
forks are a mess, i dont know why you still want more of them.

A fork doesn't necessarily mean a bitcoin fork, 99% of altcoins are straight forks.

jmigdlc99

sr. member

Activity: 784

Merit: 282

Quote from: DAN444 on November 14, 2017, 10:41:06 PM

After the China ban on ICOs, couldn't ICOs simply be replaced by forks with pre-mines?

That is actually a good theory you have there. It could indeed be a way for companies to bypass government regulation.

It would, however, reveal to the world some ulterior motives of that coin/company has. It would be obvious (with companies that have a larger than necessary premine amount) that they are doing it not for the coin, technology, or real world use, but rather just for profit. Then investors, hopefully, will see through it and call them out.

ajibut

newbie

Activity: 58

Merit: 0

but if seen now this ico is still ongoing and ico is now more tight competition with ico the other whether it can make a scam of the project?

dead_m92

hero member

Activity: 650

Merit: 500

forks? why do you want another fork? it can not help, doesnt matter what.
If they are banned, just like it happened on China, they can not be a fork, maybe they can just be a fork of a shitty coin, but it requires a lot of money and of course, support from the community and the whole blockchain (whatever the blockchain for that altcoin is) so it is almost impossible, because the whole China community would not accept it because it is not legal at the moment.
forks are a mess, i dont know why you still want more of them.

CrazyCreeptonaut

full member

Activity: 126

Merit: 100

how could that help?

DAN444

full member

Activity: 158

Merit: 100

After the China ban on ICOs, couldn't ICOs simply be replaced by forks with pre-mines?

Topic: Banned ICOs replaced by Forks? (Read 208 times)