Topic: Chinese government banned all of ICOs - page 5. (Read 2693 times)
This is not good news in the crypto world. I hope the price of bitcoin will grow up. But the Chinese community is really vital in crypto space so hopefully, they find other ways on how to deal their cryptocurrency investments.
Banning of ICO will make BTC more attractive.Mostly ICO are fake and they collect money and run away so people stucked in those fake projects so better to invest in already well established good coins.China is strict country so it's not bad news for crypto markets.
chinese government want to lessen the risk in their country they know that bitcoin is flactuating so fast thats why they banned it to avoid loss of money. their country is very rich but if they invest to crypto they can loss some of their money easily.
As far as I know, China is the first ICO-banned country in the world. By the end of 2017, there are several MLM projects created, and the Chinese government knows that these projects are a scam and they have banned it.
chinese government want to lessen the risk in their country they know that bitcoin is flactuating so fast thats why they banned it to avoid loss of money. their country is very rich but if they invest to crypto they can loss some of their money easily.
China is not the whole world, and most likely even if the Chinese government never recognizes the crypto currency and ICO projects, we will still use the crypto currency successfully, since no one can prohibit it.
because of many Chinese cryptocurrency investors, for example from CEO Binance, CEO of TRON, Jack Ma, NEO Coin and so on.
when ICO is banned, cryptocurrency is difficult to develop, while the function of ICO is to attract investors to buy cryptocurrency so that the cryptocurrency market continues to increase its price.
when ICO is banned, cryptocurrency is difficult to develop, while the function of ICO is to attract investors to buy cryptocurrency so that the cryptocurrency market continues to increase its price.
Chinese authorities are fully against any cryptos. I have recently read that thanks to the imposed bans, the share of Bitcoin trading operations in the Chinese currency fell from more than 90% to less than 1 % of the world’s total.
Theyre really strict when it comes to the cryptocurrencies and even decided to ban bitcoin mining. But yet, some of the previous investors still find a way to have an access in bitcoin. Banning the ICOs would really affect the bitcoin's price since the ico is also responsible for its price.
It is only the ICOs discharged in China and perhaps additionally prohibiting their residents to partake in ICOs however this can be so difficult to execute since there are presently such a significant number of well-to-do Chinese and they can travel to another country to do what they need. Be that as it may, China government has finance for digital money.
https://www.sosobtc.com/article/23790.html
Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
I did not think that I would hear this news from China. This country has always been at the forefront of all economic trends. but time will tell. I think this is just a political step.
this is old news, and it is a bad factor that can affect the value of bitcoin, and in fact, the banning of ICO and the banning of bitcoin by the Chinese government has a major effect on crypto trade.
thus creating the infinite correction, until today.
thus creating the infinite correction, until today.
Chinese government banned all icos because there are many incidents of people getting scammed and creating fake icos to gain money so the government of chinese made a final decision to ban all icos. Well this might affect because chinese are great at making prokect that will others but this well not affect the movement of other cryptocurrencies or icos.
China views cryptocurrencies as a threat and bad influence so naturally the banned crypto. over a few years they will loosen up and give way as crypto breaks through and becomes more popular
https://www.sosobtc.com/article/23790.html
Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
Of course it has an adverse effect on Bitcoin and other Altcoin, as some of the investors who participated in ICO came mostly from China.Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
Bitcoin price declines along with the rise of this news was raised in the media.
Even Altcoin followed Bitcoin's direction and went down.
so sad to hear that the country with the most population is banning Cryptocurrency, but it is September 2017.
Now cryptocurrency has moved further, and also has many countries that legalize crypto, I hope China starts to heat up and begin to realize that this will be good for the economy.
Now cryptocurrency has moved further, and also has many countries that legalize crypto, I hope China starts to heat up and begin to realize that this will be good for the economy.
https://www.sosobtc.com/article/23790.html
Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
bitcoin will down if china banned all of icos project!
in difrent way its a best choice to avoid scam
because to many project ico they are scam
Once crypto goes further and further into the mainstream China will have no choice but to settle down. If not and they try to control their people like they they get either a revolt or the stone age.
https://www.sosobtc.com/article/23790.html
Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
I think the Chinese government's move to stop the crypto trade is true. the main cause is too much fraud in crypto, for example on ico, i think many ico scam projects. this will adversely affect all crypto prices, the same we know china is having the most investor in crypto world. Chinese government recognized all of ICOs are illegal,all of related platforms must stop offering services for ICO projects,it seems that is just a start,the regulation of ctyptocurrency is on the way.
Some ICOs refund to their investors already,but this event has an effect on cryptocurrencies including bitcoin,the prices droped seriously.
How do you think of that? Good or bad?
They always create uncomfortable conditions and unreasonable laws then reverse it after a few days. It always creates adverse conditions for Crypto
i hope only china do it. if other countries do the same and all ico in the tire, then the crypto industry will decrease and it will affect the market that will increasingly crash.
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