Topic: China banned ICO's not Bitcoin idiots! - page 8. (Read 2893 times)
I don't understand why the Chinese need it. They are in a state of undeclared trade war with the United States. I think that now crypto currency is not so strong to have a negative impact on China's economy, but it is an extra trump in the struggle with the dollar.
These media people should get a life! Good as there are tonnes of noob who selling off their btc like nobody's business!
That they did, a load of ICO's i've never heard of. Hopefully the btc increase continues.
Maybe the China's ban on ICO's might be an reason for a sudden fall in the price of bitcoin along with most of the digital currencies yesterday. Today the price has started to increase once again giving hope for an bigger price pumping to happen in the upcoming days.
Only plebs got hooked believing the whole cryptocurrency market is banned in China. I'd say more than 50% here are plebs.
A friend I introduced to Bitcoin, phoned me today asking why China banned Bitcoin. He quoted a article in his local news paper, who quoted Bloomberg : https://www.bloomberg.com/news/articles/2017-09-04/china-central-bank-says-initial-coin-offerings-are-illegal
The mainstream media has no f#$%^ clue what the difference between ICO's and Bitcoin is. Anyone can create a fancy webpage and a few PDF's with information on their ICO offering and then sell tokens for it.
Initial coin offering (ICO) is an unregulated means of crowdfunding via the use of cryptocurrency. The term is often confused with 'token sale' or crowdsale, which refers to a method of selling participation in an economy, giving investors access to the features of a particular project starting at a later date.
Please phone your local newspapers and explain the difference to them, because ICO's are not Bitcoin!
People will do anything to sell a few extra news papers or to receive a few extra clicks on their websites, even if they publish total rubbish. They should research a subject before they publish garbage like this.
It just shows you how unreliable information can be that are being published in the media. This might even be done on purpose. ^grrrrrrrr^
Edit : Latest garbage from Bloomberg : https://www.bloomberg.com/gadfly/articles/2017-09-06/seventy-eight-billion-reasons-why-bitcoin-s-the-new-gold < 100% biased and Bullshit >
The mainstream media has no f#$%^ clue what the difference between ICO's and Bitcoin is. Anyone can create a fancy webpage and a few PDF's with information on their ICO offering and then sell tokens for it.
Initial coin offering (ICO) is an unregulated means of crowdfunding via the use of cryptocurrency. The term is often confused with 'token sale' or crowdsale, which refers to a method of selling participation in an economy, giving investors access to the features of a particular project starting at a later date.
Please phone your local newspapers and explain the difference to them, because ICO's are not Bitcoin!
People will do anything to sell a few extra news papers or to receive a few extra clicks on their websites, even if they publish total rubbish. They should research a subject before they publish garbage like this.
It just shows you how unreliable information can be that are being published in the media. This might even be done on purpose. ^grrrrrrrr^
Edit : Latest garbage from Bloomberg : https://www.bloomberg.com/gadfly/articles/2017-09-06/seventy-eight-billion-reasons-why-bitcoin-s-the-new-gold < 100% biased and Bullshit >
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