China just killed the ICO market. Which ones are Chinese? - page 4.

flag39

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Quote from: onecall123 on September 04, 2017, 01:16:33 PM

I just amazed the power of China. One regulation, decision from chain and almost all cryptos are in red! Do you guys think that, it is only starting or will continue next few days?

I do not think it is only China's ban on ICO s which effected the market. I think the global geopolitical arena effects the market. The threat of North Korea with those nuclear tests did effect the stock markets all over the world and it did so to crypto markets as well

Savik

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Quote from: Morphling on September 04, 2017, 09:07:35 AM

in short-term view the regulation is bearish, but its positive for long-term, since many scams will disappear in the regulation, and projects on the ground will get more attention and be well known

Absolutely. We (as a crypto community) need to have some regulations placed on ICOs in order to prevent the whole process from becoming a scam-ridden pile of garbage to the point where truly good projects go back to the traditional VC funding process. It is also important to preserve public perception of the whole community. Whether it is true or not, the general public will view all crypto the same when there is bad news.

cryptor47

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Quote from: ibuddy122505 on September 04, 2017, 09:16:37 AM

Whatever happens, I don't care. Though people freak out and sell, and you can see price goes down very hardly. But, I just loaded more coins, this is the perfect time! I'll HOLD them for long term and happy to holding them. Only Holding is making me happy. My advice, Don't panic sell, If you do, you never should have invested in this volatile market.

Exactly. Please everybody, sell everything that even remotely looks Asian at a huge loss right now and don't worry, all those coins will find a better owner immediately

bhoybitcoin

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“Join The Blockchain Revolution In Logistics”

This issue brings a lot of commotion in ICO world. Some are on their panic mode which I think are newbies started selling their coins while some are just waiting for the next news to plan their move. We'll hope that this doesn't create more problem that might lead to panic selling.

ibuddy122505

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Whatever happens, I don't care. Though people freak out and sell, and you can see price goes down very hardly. But, I just loaded more coins, this is the perfect time! I'll HOLD them for long term and happy to holding them. Only Holding is making me happy. My advice, Don't panic sell, If you do, you never should have invested in this volatile market.

tyoA7X

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china regulatons about initial coin offering (ICO) make the price of bitcoin down today. not only the bitcoin price, altcoin price its also down. all of market change is red! i dont know what to do now Sad

3skiya

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Don’t be panic HODL

alyssa85

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I found the following list of banned ICOs:

http://img.caixin.com/2017-09-04/1504490975367617.png

Click the image to enlarge it.

Most have Chinese names, some have English names. They seem to be pretty obscure.

Morphling

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in short-term view the regulation is bearish, but its positive for long-term, since many scams will disappear in the regulation, and projects on the ground will get more attention and be well known

VanDeinsberg12

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You guys really think that China control the whole ICOs world that their decision to ban these ICOs is the same as doomday for cryptocoin, that's a hell wrong thinking.
as you see that rich asian is not just in china and as I've seen that they're spreading across this world. such rules for those rich bois will do nothing.

TheFriends

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Such a ban on China to ICOS will not affect anything!

Igniteratings

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Quote from: aretebit on September 04, 2017, 08:14:53 AM

Quote from: Savik on September 04, 2017, 07:55:31 AM

This has no effect on coins that already completed ICO. Just hold and buy more at these low prices.

Yes I agree, but the fun fact is that Chineese government said that all ICO's have to refund the money to the investors Grin

I would say that is very unlikely to happen

aron_folioninja

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mmm good buying opportunities!

Igniteratings

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The Chinese had plans to regulate the market for sometime. They are afraid of anything which can have an effect on their super strict controls or disrupt their currency manipulations.

For example even in the domain name space- china made regulations that certain TLDs cannot be sold there unless they are regulated. Totally different but just proves they want control over everything.

aretebit

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All that glitters is not bitcoin

Quote from: Savik on September 04, 2017, 07:55:31 AM

This has no effect on coins that already completed ICO. Just hold and buy more at these low prices.

Yes I agree, but the fun fact is that Chineese government said that all ICO's have to refund the money to the investors Grin

Savik

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This has no effect on coins that already completed ICO. Just hold and buy more at these low prices.

benthach

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Quote from: Fatoshi on September 04, 2017, 07:39:19 AM

Quote from: benthach on September 04, 2017, 05:36:29 AM

none
these chinese and korean markets are pretty much fake
these morons calling them self experts need to get their stupid head out of cow poops. korean and chinese market in this crypto world is very very small but their egos are pretty huge!

Why are they fake? Plenty of morons in the West investing in crypto just the same as asia.

small market with huge fake volumes. if you don't know the true then you shouldn't invest. nuff said, do your own dd.

Fatoshi

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Quote from: benthach on September 04, 2017, 05:36:29 AM

none
these chinese and korean markets are pretty much fake
these morons calling them self experts need to get their stupid head out of cow poops. korean and chinese market in this crypto world is very very small but their egos are pretty huge!

Why are they fake? Plenty of morons in the West investing in crypto just the same as asia.

speaktome

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Quote from: Seansky on September 04, 2017, 05:47:48 AM

Quote from: Fatoshi on September 04, 2017, 03:59:07 AM

Can we compile all the major Chinese ICOs that will be affected by this at least temporarily.

only ones I know for sure are NEO.and Walton.

For sure there will be many ICO's that are backed with chinese that will be affected by this. One good ICO that might have been affected by this which has just finished days ago is OPUS, For sure it will also affect eth's price because the demand for buying eth will go down because of this. Even if that is the case, I think it wouldnt affect market that lot because there are only a few dozen coins that is backed by Chinese.

To know that with more accuracy only remains to wait,as new information arises,this will certainly mark the evolution in the prices.

SavvyOli

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keep calm and hold on for dear life

Topic: China just killed the ICO market. Which ones are Chinese? - page 4. (Read 5418 times)