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.
Topic: China's Central Bank Declares ICO Illegal - page 5. (Read 3302 times)
China is a huge market for investors of ICO, The Chinese decision could lead entire ICO industry to decline.
What are most known Chinese ICOs?
1-NEO
2-?
1-NEO
2-?
This is method to regulate altcoins and ICO market. My opinion that will be to find another ways to participate in ICO. And it will solve all problems with ICO now
How does this decision influence Singaporean ICOs? I think Singapore is a part of China.
Wow, these are the days we are going to remember 20 years from now. All the turbulence in this growing market.
this could be a threat to cryptocurrency. hope there is a good solution rather than banning cryptocurrency. i think goverment just cant handle it and bank life is on the line and banning cryptocurrency and ico as solution.
So that's why there are blood bath in the market right now,this is no longer price correction,it's going to drop even more
What will happen with ICO's now? Is this an end to project who use smartcontract based on china?
What will happen with ICO's now? Is this an end to project who use smartcontract based on china?
You are correct. All ICOs in China are illegal now. The statement didn't say that all Altcoins and exchanges are illegal.
So that's why there are blood bath in the market right now,this is no longer price correction,it's going to drop even more
What will happen with ICO's now? Is this an end to project who use smartcontract based on china?
What will happen with ICO's now? Is this an end to project who use smartcontract based on china?
With all the money that was going out of CHina because of these ICO, the government had to do something! In my opinion the downtreand has just begun and more of this will follow
The money going out via ICO doesn't have so much. The ICO impacts the IPO and the stock market. Probably it's the reason for the illegal statement.
But this news has created an opportunity to accumulate your favourite coins at lower prices. I think we shouldn't jump in all at one time instead of start accumulating in small amounts. Markets went up quite a lot and were looking for some reason to correct and this news surely gives us a good time to enter again.
With all the money that was going out of CHina because of these ICO, the government had to do something! In my opinion the downtreand has just begun and more of this will follow
The money going out via ICO doesn't have so much. The ICO impacts the IPO and the stock market. Probably it's the reason for the illegal statement.
One hour ago, the bank declares ICO illegal.
Bitcoin tumbled 7.2% to $4,530.73. Altcoins are worse than that.
https://www.bloomberg.com/news/arti...-bank-says-initial-coin-offerings-are-illegal
It goes down even more as of this writing on which the price have dip down again on 4323 on preev. Which we can say that these event do really give impact on bitcoins price. They would definitely act on this one because money will really goes out in China same on the thing that was said by dude above. They would really need to act and now they imposed this kind of prohibition. Bitcoin tumbled 7.2% to $4,530.73. Altcoins are worse than that.
https://www.bloomberg.com/news/arti...-bank-says-initial-coin-offerings-are-illegal
With all the money that was going out of CHina because of these ICO, the government had to do something! In my opinion the downtreand has just begun and more of this will follow
One hour ago, the bank declares ICO illegal.
Bitcoin tumbled 7.2% to $4,530.73. Altcoins are worse than that.
https://www.bloomberg.com/news/arti...-bank-says-initial-coin-offerings-are-illegal
Bitcoin tumbled 7.2% to $4,530.73. Altcoins are worse than that.
https://www.bloomberg.com/news/arti...-bank-says-initial-coin-offerings-are-illegal
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