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Topic: Cryptocurrencies regulated from October 1 in China! - page 2. (Read 973 times)

legendary
Activity: 1372
Merit: 1014
Chinese exchanges were forced to hand over KYC data to regulators.

I would not be surprised if Chinese Govt now tries to rob BTC from people, this is 1934 gold ban reloaded, PBOC trying to get their hands on cheap coinz. BTC = Gold 2.0

Check out my other post about the similarities.  Shocked
legendary
Activity: 2688
Merit: 1192
You cant say ico tokens are cryptocurrencys.Thay might be currency if tokens will be in real use
Now show me a tokens what are in real use
Now all Asia countrys will work to regulate ico's
But for me it is funny whan chinise exchange Binance is listening ico's
Thay are not chinise and Binance is blocking chinise ip,but so what
I ve been reading somewhere that chinise fintech is like in middleages and now chinise regulators lost his head
Hard to expect anything logic from somebody who lost his head

You are confusing what the authorities are trying to do, they are not cracking down on cryptocurrency as opposed to ICOs. They are cracking down on anything that could disrupt the Chinese currency, which happens to include ICOs. The reason they have probably ignored referencing ICOs so far, is because they are so insignificant compared to things like bitcoin.
Pab
legendary
Activity: 1862
Merit: 1012
You cant say ico tokens are cryptocurrencys.Thay might be currency if tokens will be in real use
Now show me a tokens what are in real use
Now all Asia countrys will work to regulate ico's
But for me it is funny whan chinise exchange Binance is listening ico's
Thay are not chinise and Binance is blocking chinise ip,but so what
I ve been reading somewhere that chinise fintech is like in middleages and now chinise regulators lost his head
Hard to expect anything logic from somebody who lost his head
legendary
Activity: 2688
Merit: 1192
Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days a day from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

EDIT: wording.

You know what ICO stands for, right? It's not a word, but an abbreviation of "Initial Coin Offering". Every ICO is a cryptocurrency and no amount of dancing around that fact will protect you. The Chinese authorities are not going to get bogged down in petty semantics like that, if it is banned, it'll all be banned.
member
Activity: 70
Merit: 10
Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

Wow, are you a real pajeet? Pajeets are stupid like you, I dont know anyone that stupid to think there is September 31 like the article says.

October 1 in China is in 40 minutes, not 2 days, pajeet.


A typo error, but my argument still stands: their stance against ICOs wouldn't change, but trading cryptocurrencies would be regulated and not be banned as opposed to their initial statements. And I'm not a pajeet, not even an Indian so I don't know why you're too butthurt when someone pointed out something that doesn't exist. Next time, try to read everything carefully before trying to shill out the coins that you support. Wink

NEO isn't a coin, it's a share. GAS is.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

Wow, are you a real pajeet? Pajeets are stupid like you, I dont know anyone that stupid to think there is September 31 like the article says.

October 1 in China is in 40 minutes, not 2 days, pajeet.


A typo error, but my argument still stands: their stance against ICOs wouldn't change, but trading cryptocurrencies would be regulated and not be banned as opposed to their initial statements. And I'm not a pajeet, not even an Indian so I don't know why you're too butthurt when someone pointed out something that doesn't exist. Next time, try to read everything carefully before trying to shill out the coins that you support. Wink
member
Activity: 70
Merit: 10
Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

Wow, are you a real pajeet? Pajeets are stupid like you, I dont know anyone that stupid to think there is September 31 like the article says.

October 1 in China is in 40 minutes, not 2 days, pajeet.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
If china regulating cryptocurrencies, it means that they're officially recognising the cryptocurrencies right? atleast our cryptocurrency world go one step further.
Pretty curious with what will happen on october 1.

This is just "Expected" so it can be just gossips.
But!!! I always say that China will regulate soon all ICO because they will receive so much taxes from it!
i doubt about that lol.
full member
Activity: 154
Merit: 101
Sounds like FUD to me, doubt anybody is working there on a Sunday
full member
Activity: 302
Merit: 100
https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

If this is true (laught at Sep 31), might boost bitcoin, thus all the crypto, mainly NEO/GAS, which is about to get eth-like rise soon with the first ICO on NEO platform on Oct 8 and possibly becoming the only platform for ICOs in China with the support of China. NEO is currently a technically better platform than Ethereum and with a great community and developers.
This caused the price of bitcoin goes up again, But that will be a good thing if that will be applicable to all of the crypto currencies, But as far as i know that will be related to the all of the cryptos, Even i heard there are some stock market are considering about to build the exchange site for the operational of the token as security.
legendary
Activity: 1204
Merit: 1028
https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

If this is true (laught at Sep 31), might boost bitcoin, thus all the crypto, mainly NEO/GAS, which is about to get eth-like rise soon with the first ICO on NEO platform on Oct 8 and possibly becoming the only platform for ICOs in China with the support of China. NEO is currently a technically better platform than Ethereum and with a great community and developers.

And there yo have it. Just like how everyone that was smart expected, China would come back with an unban on crypto which would be coupled with some sort of regulative aspect to it.

I can predict, easily, that we are going to be on the $5000 range pretty soon, probably as soon as next week, due the very bullish news of the comeback of China.

Now if we could only stop segwit2x from crashing the price in November, we could be aiming at $10000 per coin pretty comfortably. Let's hope for the best.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Well there hasn't been any statements in regards to ICOs, just regular cryptocurrencies so I don't know where are you basing your thoughts about ICOs. Also, that's just two days a day from now so we're still not sure whether China will reconsider their decisions that fast, though they're notoriously known to change their rulings in an instant.

If this is true though then what happened in China rumors and bans were just an orchestrated FUD by the Chinese officials and investors.

EDIT: wording.
hero member
Activity: 896
Merit: 500
This is just "Expected" so it can be just gossips.
But!!! I always say that China will regulate soon all ICO because they will receive so much taxes from it!
member
Activity: 70
Merit: 10
https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

If this is true (laught at Sep 31), might boost bitcoin, thus all the crypto, mainly NEO/GAS, which is about to get eth-like rise soon with the first ICO on NEO platform on Oct 8 and possibly becoming the only platform for ICOs in China with the support of China. NEO is currently a technically better platform than Ethereum and with a great community and developers.
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