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Topic: Breaking: China May Legalize ICO Soon - page 9. (Read 1100 times)

hero member
Activity: 924
Merit: 511
March 27, 2018, 03:22:42 AM
#22
I wonder china government reduced more than 30% crypto supporters last year  by banning the exchanges in their locality, so how it is possible they change their decision and move forward a step in allowing ICOs ?
Seems you are really spreading fake reports to gain subscribers to to your telegram group
full member
Activity: 448
Merit: 232
March 27, 2018, 02:42:03 AM
#21
Lolz.

China has made themselves look like clown. (No offence at all). But they are acting like one because first they accepted it, they let the bitcoin and altcoin run in their country, then in the mid year they stood up against the whole crypto community. They started banning all the exchanges in their country. By the year end 2017 they published that OTC trading or exchanges will be allowed with some limits. Then again at the year start their were FUD's that china is going to legalise few of the exchanger by having them on verified list by analysis their legal documents and blah blah. Now again we are ta the point where news is coming that they are going to legalise the bitcoin. What the heck is this.  Tongue

I do not think that China is acting stupidly. I am sure that the Chinese government is thus analyzing possible ways of developing the crypto-currency sphere. The main task of China is to regulate crypto-currencies. So far, they don`t know how to do this better, so they try empirically the possible options - complete prohibition, partial control, absolute legalization. For us their actions may seem illogical, but the Chinese are not fools at all and they know what they are doing.
member
Activity: 672
Merit: 12
March 27, 2018, 02:24:33 AM
#20
It is not reliable authentic news.  Chinese Government has not  officially announced.  Though  the  Governments of many nations all over the world are in favour of  digital advancement of their currencies.  They are supporting cash less transactions.  
Governments may support cruypto but they will also like to have supervision over crypto.  They may not legalize them until these are under their close monitoring.  
Spreading of this news may be with the intention to push up prices of crypto.
full member
Activity: 560
Merit: 112
March 27, 2018, 02:22:49 AM
#19
Interestingly don’t care about China anymore. They’ve done this and that, affected the price and spread uncertainty to the community. We have too much about they’re hypocrisy, it’s about time that we should ignore them being one most powerful bitcoin country before, now an irrelevant part of this so called crypto world. I’d rather be contented having no news about them and just be silent about it.
full member
Activity: 490
Merit: 106
March 27, 2018, 02:13:56 AM
#18
According to https://t.me/oneminute_crypto_news which translated the source from Sina, a Chinese media website, that in a conference held by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.

I agreed that Dong Yang is not a high-level official and he is a professor at Renmin University who is active in the crypto space. I think the focus of the news should be:

1. The Chinese SEC is revisiting the crowdfunding tool;
2. The so-call legit ICO may actually become a tool with heavy regulation in the cryptocurrency space.

So, please wait and see.
I won't believe this unless chinese government will release an official statement about confirming that this news is legit. Dong yang is not even a government official so how can we trust that he is a trusted source of news on what really is happening there. But If this is true, it will be a huge comeback for ICOs because before china banned this cryptocurrency crowd funding, most of the ICOs are from their country and also have a lot of chinese ICO investors. But I want to see how china will implement a regulation to filter those fraudulent and scam ICOs and legit ones. And if they can successfully do it, maybe they will also consider regulating cryptocurrency exchange. Will wait for any update about this.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
March 27, 2018, 01:34:25 AM
#17
So, please wait and see.

Interesting news. I start to think that the recent dump is a last attempt for keeping the market low before a significant rise.
Of course, is a wishful theory. The better advise is indeed: please wait and see.
sr. member
Activity: 1190
Merit: 255
March 27, 2018, 01:32:08 AM
#16

The bounce back of BTC price may be higher than $20K if all these Chinese ICO will all be legal to them. Source isn't as reliable though but if it will happen, to the moon to all cryptocurrencies. China can influence the world and the  whole world will soon be thinking of revising the technology they use and will most likely use bockchain too.
member
Activity: 392
Merit: 12
March 27, 2018, 01:29:43 AM
#15
Chinese are very smart to safeguard its financial interest. When something suits them they legalize it and when it doesn't they ban it.
jr. member
Activity: 126
Merit: 3
March 27, 2018, 01:24:16 AM
#14
This is impossible, and China's national bank is planning to develop its own digital cryptocurrency!

It's impossible for them to get other competitors involved at this point!
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
March 27, 2018, 01:19:34 AM
#13
The Chinese government is very happy to use financial tools, if it is under their control. They will over regulate the ICO process to give them oversight and control mechanisms and then things will go on as normal. We have seen this happening with Bitcoin exchanges in the past and they are now applying that to ICOs.

This is not just happening in China, because most governments are moving in the same direction with regulations. They acknowledge the advantages of the technology, but they want to be in control of it.
full member
Activity: 700
Merit: 110
Helios Protocol https://discord.gg/cpzAEMB
March 27, 2018, 12:28:07 AM
#12
I think this is just another article that will be labelled as fake news, China made some very strict regulations just last year regarding the investment in cryptocurrency they are not about to do a U-turn and allow ICO to be used.
newbie
Activity: 96
Merit: 0
March 27, 2018, 12:18:35 AM
#11
At present, China has certain pricing power. If China can be legalized, it will bring about a recovery of the entire market. Although it is impossible to confirm what you said, I hope it is true.
member
Activity: 168
Merit: 10
March 27, 2018, 12:16:55 AM
#10
I am happy that the come back is real. China will dominate the market and it's very possible that money from all over the country will invest on ICO. We must observe properly and don't hesitate to us from Telegram group they are very active.
member
Activity: 167
Merit: 10
March 27, 2018, 12:12:57 AM
#9
This is a fake news. We all know that in September last year, the Chinese government appointed a policy of prohibiting ICO. I read the link of news sources, but this is just a news on an unofficial website in China. Besides, those who speak these words are also a low-level official. I think the Chinese government will not let the control of the virtual currency be liberalized so quickly, especially the control of ICO.
sr. member
Activity: 602
Merit: 259
March 27, 2018, 12:11:59 AM
#8
Lolz.

China has made themselves look like clown. (No offence at all). But they are acting like one because first they accepted it, they let the bitcoin and altcoin run in their country, then in the mid year they stood up against the whole crypto community. They started banning all the exchanges in their country. By the year end 2017 they published that OTC trading or exchanges will be allowed with some limits. Then again at the year start their were FUD's that china is going to legalise few of the exchanger by having them on verified list by analysis their legal documents and blah blah. Now again we are ta the point where news is coming that they are going to legalise the bitcoin. What the heck is this.  Tongue
newbie
Activity: 85
Merit: 0
March 27, 2018, 12:08:00 AM
#7
According to https://t.me/oneminute_crypto_news and https://twitter.com/EricBai_89, in a public interview by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.
Where is the damn article?

You are only trying to get some views and members in your telegram and twitter accounts. I searched for this famous scholar "Dong Yang", but no luck there. Stop spreading rumors and fake news. Already there is a lot mess in crypto sphere due to fake news and rumors, stop spreading more.

Hi, please find the Chinese source here:http://finance.sina.com.cn/blockchain/coin/2018-03-27/doc-ifysqfnh2760722.shtml

It is not fake, OK?
newbie
Activity: 85
Merit: 0
March 27, 2018, 12:00:53 AM
#6
According to https://t.me/oneminute_crypto_news and https://twitter.com/EricBai_89, in a public interview by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.

Nah, I wouldn't be sure of that, they already made a hard stance on ICO's already and not in a hundred years that they will change their call. They are totally eliminating crypto's already and its just a matter of time before targeting the bitcoin mining farms. This is probably fake news again, mate.

Unless, we see some official announcement from PBoC or some Chinese authority, I wouldn't put too much emphasize on this kind of news. Yeah, it will be good to the market if this is true, however, I don't see it happening.

I am in the Chinese community so I can tell that more and more new people (investors) are coming into this space.
hero member
Activity: 896
Merit: 521
March 27, 2018, 12:00:28 AM
#5
According to https://t.me/oneminute_crypto_news and https://twitter.com/EricBai_89, in a public interview by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.
Where is the damn article?

You are only trying to get some views and members in your telegram and twitter accounts. I searched for this famous scholar "Dong Yang", but no luck there. Stop spreading rumors and fake news. Already there is a lot mess in crypto sphere due to fake news and rumors, stop spreading more.
member
Activity: 224
Merit: 19
March 27, 2018, 12:00:19 AM
#4
According to https://t.me/oneminute_crypto_news and https://twitter.com/EricBai_89, in a public interview by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.

Nah, I wouldn't be sure of that, they already made a hard stance on ICO's already and not in a hundred years that they will change their call. They are totally eliminating crypto's already and its just a matter of time before targeting the bitcoin mining farms. This is probably fake news again, mate.

Unless, we see some official announcement from PBoC or some Chinese authority, I wouldn't put too much emphasize on this kind of news. Yeah, it will be good to the market if this is true, however, I don't see it happening.

I agree this might be a fake news, until China have officially announce i may consider it a propaganda for the price of bitcoin to rise up.

Anyway If they come around and legalize ICO then I am certain that it will have a positive effect on the market.
hero member
Activity: 2870
Merit: 594
March 26, 2018, 11:52:57 PM
#3
According to https://t.me/oneminute_crypto_news and https://twitter.com/EricBai_89, in a public interview by Chinese official web media, People's Web, a famous scholar Dong Yang released that Chinese SEC is conducting the legal research to legalize the ICO and the ICO will become a legit tool of crowdfunding soon.

Nah, I wouldn't be sure of that, they already made a hard stance on ICO's already and not in a hundred years that they will change their call. They are totally eliminating crypto's already and its just a matter of time before targeting the bitcoin mining farms. This is probably fake news again, mate.

Unless, we see some official announcement from PBoC or some Chinese authority, I wouldn't put too much emphasize on this kind of news. Yeah, it will be good to the market if this is true, however, I don't see it happening.
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