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Topic: BTC, BCH, XMR and LTC will be the winner of China ICO ban (Read 1096 times)

hero member
Activity: 672
Merit: 526
The winner will be the chosen coin that government will use. They will probably launch a conversion coin as they say they will not ban the trade between crypto. Just the trade between fiat money and crypto. They are trying to protect CNY.

The second one I believe it will be XMR. After the pump, it is the coin that didn't lose so much value as the others. Probably because people see utility and is using more regular.
sr. member
Activity: 980
Merit: 255
you can see in announcement thread
new altcoin, much new project ico still open, and much ico succes too
and ETH price incraese again, so china ico ban not big effect, after china ico ban issue booming all coin down price, include youre write BTC, BCH, XMR and LTC

ICO ban from China affected the markets slightly and now everything seems to be back to normal, but that was expected to happen, the ones that are going to be really affected by this are icos and not cryptocurrencies that are very well established already, so I think we are yet to see the full effects of this decision taken by the Chinese government and I think we are going to have to wait some months and see how the ico market was affected by this decision.
sr. member
Activity: 490
Merit: 250
you can see in announcement thread
new altcoin, much new project ico still open, and much ico succes too
and ETH price incraese again, so china ico ban not big effect, after china ico ban issue booming all coin down price, include youre write BTC, BCH, XMR and LTC
full member
Activity: 294
Merit: 101
Discuss.
I say BTC, BCH, XMR and LTC will profit from this ICO ban in China when the dust has settled. Especially XMR.
ETH had decent volume on chinese exchanges, now they will try to compensate this, and my call is: XMR will join BTC and LTC on the chinese exchanges.

It is logical, but I dont think Crypto have anymore logic. We have now Paris Hilton investing in crypto. Nothing good will come out of it, for noone. We all got pulled in this shit.

Thats very true, when public stupidity is getting involved, nothing good from it Sad

I agree, nothing good ever comes out of this public stupidity and bringing along celebrities. I'm not too sure about this. And I believe altcoins that stayed stable will most likely survive as well as bitcoin; that I really know.
sr. member
Activity: 569
Merit: 250
Discuss.
I say BTC, BCH, XMR and LTC will profit from this ICO ban in China when the dust has settled. Especially XMR.
ETH had decent volume on chinese exchanges, now they will try to compensate this, and my call is: XMR will join BTC and LTC on the chinese exchanges.
But remember the country will be seriously monitoring those coins because there will be more chance to be used as an illegal currency. To complete the illegal transaction.
That will give the more eyes on it lets watch the story of the crypto.
hero member
Activity: 770
Merit: 500
Bazinga!
good altcoins will always remain strong and survive anything. but shitcoins that are relying one certain things such as ICO will get dumped easily.
ethereum is going to have hard days ahead of it. the pumpers will surely try their best to prevent the big crash as the ICO stops slowly but i don't know how successful they are going to be.

bitcoin is not affected at all, it is rising on its own and based on real adoption.

litecoin is the brother to bitcoin and it rises with it. and with SegWit and LN the bond between them is stronger than ever. so is the rise.

XMR is a stand alone altcoin which will remain strong on its own. it has nothing to do with anything that is going on with ICOs and all that. but it was pumped recently so it may see some drop.

BCH is another story. it is the coin that was created to make miners richer and it has done it already. it will get pumped again when miners need more profit but other than that i don't see any future there.
sr. member
Activity: 980
Merit: 255
Discuss.
I say BTC, BCH, XMR and LTC will profit from this ICO ban in China when the dust has settled. Especially XMR.
ETH had decent volume on chinese exchanges, now they will try to compensate this, and my call is: XMR will join BTC and LTC on the chinese exchanges.

It is logical, but I dont think Crypto have anymore logic. We have now Paris Hilton investing in crypto. Nothing good will come out of it, for noone. We all got pulled in this shit.
To be honest I think that is a good thing, while it is obvious that Paris Hilton does not know anything about crypto, but we need to convince the average person to get into crypto, the same way that the average person in the US is holding stocks, we need that because it will bring a gigantic influx of money and with that the development of bitcoin will need to be accelerated in order to deal with the high demand.
hero member
Activity: 493
Merit: 551
@hangar18

I won`t be surprised if Huobi and Coinbase do add Monero already in this year. Wink
hero member
Activity: 676
Merit: 500
Discuss.
I say BTC, BCH, XMR and LTC will profit from this ICO ban in China when the dust has settled. Especially XMR.
ETH had decent volume on chinese exchanges, now they will try to compensate this, and my call is: XMR will join BTC and LTC on the chinese exchanges.
If next scenario of market will happening like your said, really it quite reasonable for become true. Because Monero after increased to high price near barrier $200 it cannot breakout this resistance. Of course, if Monero want increase again and test breakout, it need have good news or reason for do that, and listed on exchange of China is good reason for helps Monero grow in next time. Cool
sr. member
Activity: 658
Merit: 255
I don't think so everybody is continuing to invest in ICOs. I think this is bad news for only projects based on china. I don't think Big whales from china care much about this issue.
sr. member
Activity: 533
Merit: 251
Streamity Decentralized cryptocurrency exchange
I am sure you can also add NEO this list. Its Chinese coin and they will all return back to it.
Top 5 or 10 coins always win from emergency moments. Thats why they are top coins Cheesy
member
Activity: 70
Merit: 10
Discuss.
I say BTC, BCH, XMR and LTC will profit from this ICO ban in China when the dust has settled. Especially XMR.
ETH had decent volume on chinese exchanges, now they will try to compensate this, and my call is: XMR will join BTC and LTC on the chinese exchanges.
there will be effects for all types of coins


I see the price, diapliksai MARKET android very fast up and down

Not just BTC, ETH, XMR and LTC but other coins ..

I predict prices starting from BTC, BCH, ETH, DLL, BTS then DRK
member
Activity: 106
Merit: 10
i'm feeling super bullish on monero right now  Cheesy
hero member
Activity: 493
Merit: 551
I have big faith in XMR and you are right, the major coins are winners in this ICO ban. If XMR doesn't overtake BTC then it will be in second place in the very near future. I predict a price between $2,300 and $15,000 3 years from now so I'm holding it for the long term. My prediction for BTC is that it will grow 100 to 150 times current price levels as well. Monero provides more privacy out of the box than BTC but it lacks infrastructure, basic things like a lite wallet and an efficient Android/Apple wallet app, these of course will come with time maybe even a few weeks from now and then XMR will go to the moon once it becomes easier to use by just installing a wallet app on your phone. XMR is also used in practice side by side with Bitcoin, it has practical and real use.

All other coins are pure speculation IMO.

This ist overlapping with my opinion too. BTC and XMR are indeed used instead beeing just pure speculation and both have a fair distribution. The coming update with multisig and light wallets will improve the user friendliness and so the real usage of XMR. Money in the cryptosphere will be redistributed.
sr. member
Activity: 1050
Merit: 295
Any coin that is not in compliance with FINCEN and SEC rules will become worthless. The only major coins that comply are BTC, LTC and XMR. Of these, I feel that XMR will have the fastest growth over the next year or two.
For every crypto ban, there is a legalization elsewhere. Interesting times
sr. member
Activity: 243
Merit: 250
Any coin that is not in compliance with FINCEN and SEC rules will become worthless. The only major coins that comply are BTC, LTC and XMR. Of these, I feel that XMR will have the fastest growth over the next year or two.
full member
Activity: 124
Merit: 100
Discuss.
I say BTC, BCH, XMR and LTC will profit from this ICO ban in China when the dust has settled. Especially XMR.
ETH had decent volume on chinese exchanges, now they will try to compensate this, and my call is: XMR will join BTC and LTC on the chinese exchanges.

It is logical, but I dont think Crypto have anymore logic. We have now Paris Hilton investing in crypto. Nothing good will come out of it, for noone. We all got pulled in this shit.

I disagree. How can you confirm Hilton is investing in cryptoworld? His doesn't change the game, this market is open all the people. When celebrities invest here, we don't lose anything.

For the China thing, I don't think this will give advantage to Bitcoin or Monero. The whole coins will be presenting their incentives to get higher rank in the market cap list.
full member
Activity: 182
Merit: 100
Discuss.
I say BTC, BCH, XMR and LTC will profit from this ICO ban in China when the dust has settled. Especially XMR.
ETH had decent volume on chinese exchanges, now they will try to compensate this, and my call is: XMR will join BTC and LTC on the chinese exchanges.

It is logical, but I dont think Crypto have anymore logic. We have now Paris Hilton investing in crypto. Nothing good will come out of it, for noone. We all got pulled in this shit.

Thats very true, when public stupidity is getting involved, nothing good from it Sad
legendary
Activity: 2744
Merit: 1288
Discuss.
I say BTC, BCH, XMR and LTC will profit from this ICO ban in China when the dust has settled. Especially XMR.
ETH had decent volume on chinese exchanges, now they will try to compensate this, and my call is: XMR will join BTC and LTC on the chinese exchanges.

It is logical, but I dont think Crypto have anymore logic. We have now Paris Hilton investing in crypto. Nothing good will come out of it, for noone. We all got pulled in this shit.
newbie
Activity: 12
Merit: 1
I have big faith in XMR and you are right, the major coins are winners in this ICO ban. If XMR doesn't overtake BTC then it will be in second place in the very near future. I predict a price between $2,300 and $15,000 3 years from now so I'm holding it for the long term. My prediction for BTC is that it will grow 100 to 150 times current price levels as well. Monero provides more privacy out of the box than BTC but it lacks infrastructure, basic things like a lite wallet and an efficient Android/Apple wallet app, these of course will come with time maybe even a few weeks from now and then XMR will go to the moon once it becomes easier to use by just installing a wallet app on your phone. XMR is also used in practice side by side with Bitcoin, it has practical and real use.

All other coins are pure speculation IMO.
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