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Topic: China's Central Bank Declares ICO Illegal - page 4. (Read 3302 times)

full member
Activity: 602
Merit: 101
http://scientificcoin.com/
September 04, 2017, 06:09:09 AM
#33
I think we need to wait October and the Communist Party meeting. They have blocked several investments abroad as well (soccer, real estate, etc) for political reasons. The situation is likely to change soon later.
sr. member
Activity: 672
Merit: 250
DeepOnion
September 04, 2017, 06:05:10 AM
#32
This is not real crash, it may be worse. I am curious about that if ico is declared as illegal by china's central banks whether chinese exchanges will have to delist some coins.

Those chinese exchanges have delisted some coins. Actually the biggest Bitcoin exchange removed ICOcoin some days ago.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
September 04, 2017, 05:57:58 AM
#31
these chinese and korean markets are pretty much fake, this is when you all giving so much credit to coinmarketcap and he's making a killing.
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!
also the chinese can create and participate in any ICO freely all they need is a VPN


I dont think Chinese can participate ICO from now on. No bank is allowed to provide service for those who are involveed  in ICO market.
If they do impose new law or announce/declare that illegal then they would really mean it and theres no returning back on the words that have been said already.For now they cant really join ICO as of now but there are still some ways on how to join just as being said people can anytime use of VPN.Just be sure on the money you would use on participating not to be traced or suspicious.
full member
Activity: 252
Merit: 100
September 04, 2017, 05:53:19 AM
#30
In my opinion, the declaration only does is exclude Chinese people to participate in ICOs, remember that NEO can still conduct ICOs outside china. Just like what EOS did, excluding Americans from participating. And I feel that what is NEO is going to do.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
September 04, 2017, 05:48:52 AM
#29
This is not real crash, it may be worse. I am curious about that if ico is declared as illegal by china's central banks whether chinese exchanges will have to delist some coins.
member
Activity: 112
Merit: 10
September 04, 2017, 05:48:30 AM
#28
these chinese and korean markets are pretty much fake, this is when you all giving so much credit to coinmarketcap and he's making a killing.
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!
also the chinese can create and participate in any ICO freely all they need is a VPN


I dont think Chinese can participate ICO from now on. No bank is allowed to provide service for those who are involveed  in ICO market.
member
Activity: 98
Merit: 10
September 04, 2017, 05:45:25 AM
#27
All altcoin drop down because this bad news . But i sure all will raise up back just because of some little time . After this , Altcoin will more stronger than before . Let's see
newbie
Activity: 57
Merit: 0
September 04, 2017, 05:45:15 AM
#26
What a dick move for China. Freedom down the drain. People should be educated to treat ICO's and crypto in general with great caution but to ban ICO's altogether? More than ETH and other coins going down and affecting my personal portfolio, this is pissing me off on a greater level.
member
Activity: 68
Merit: 10
September 04, 2017, 05:42:52 AM
#25
Is there an estimation how much percent of the raised capital in ICOs are actually from China?

How big is the market in China?

And how will the Chinese government know who is investing in ICOs?

it is possible to invest from China in ICOs by using a VPN service...but this will still def. influence the market...
legendary
Activity: 1764
Merit: 1000
September 04, 2017, 05:41:58 AM
#24
these chinese and korean markets are pretty much fake, this is when you all giving so much credit to coinmarketcap and he's making a killing.
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!
also the chinese can create and participate in any ICO freely all they need is a VPN
member
Activity: 112
Merit: 10
September 04, 2017, 05:36:41 AM
#23
Grin Grin Grin
I was always bad in geography

Hope you are better in investing into the right coins then.

Greetings from Hong Kong (bonus question: is Hong Kong China?)

I believe Hongkong is a part of China. By the way, is this statement impact HongKong market?
full member
Activity: 420
Merit: 142
September 04, 2017, 05:22:41 AM
#22
Grin Grin Grin
I was always bad in geography

Hope you are better in investing into the right coins then.

Greetings from Hong Kong (bonus question: is Hong Kong China?)
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
September 04, 2017, 05:20:42 AM
#21
the fait money raised from ICO is not like that much, the figures are just used to exaggerate
newbie
Activity: 1
Merit: 0
full member
Activity: 714
Merit: 105
September 04, 2017, 05:15:34 AM
#19
How does this decision influence Singaporean ICOs? I think Singapore is a part of China.

Haha, what? Singapore part of China?

Buddy, both of you please send me your DeepOnion wallet address. I will donate some onions for you.
Grin Grin Grin
I was always bad in geography
sr. member
Activity: 672
Merit: 250
DeepOnion
September 04, 2017, 05:06:02 AM
#18
How does this decision influence Singaporean ICOs? I think Singapore is a part of China.

Chinese government will be very glad if theire president aslo think so.
full member
Activity: 420
Merit: 142
September 04, 2017, 05:04:06 AM
#17
How does this decision influence Singaporean ICOs? I think Singapore is a part of China.

Haha, what? Singapore part of China?
full member
Activity: 322
Merit: 100
September 04, 2017, 05:03:25 AM
#16
The crash is still not low enough as compared to just 2-3 months back! Tongue
sr. member
Activity: 896
Merit: 251
September 04, 2017, 05:00:12 AM
#15
What are most known Chinese ICOs?
1-NEO
2-?
Chinese is great market with bln money. Not only ICO important, alt coins also. And there is LTC, BCC and much more. Many developers work in China. Now some near future blockchain conferences were canceled. It's sign!
full member
Activity: 714
Merit: 105
September 04, 2017, 04:59:29 AM
#14
How does this decision influence Singaporean ICOs? I think Singapore is a part of China.

China is a huge market for investors of ICO, The Chinese decision could lead entire ICO industry to decline.
Yes I know, But Singapore as a part of mainland is differ from the other countries. I ask is this decision a must do for Singaporean ICOs?
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