Effects of ICO ban in China - page 16.

civilufo

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Quote from: nick_nick on September 08, 2017, 05:48:11 AM

Quote from: parkdaesung on September 08, 2017, 04:44:04 AM

This ban gave me a opportunity to buy Bitcoin at $3800. I was so happy about it but i want it to go up now. Grin

Lucky you Park,

I bought my last coin at $4300 and invested in NEO Which is now trading very low.
I'm waiting for good days to come.

Bitcoin rise abit recently, it is a good news for you. At least you gain than loss. But I don't know about NEO, I don't have much confidence on it.

kaspabha

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Quote from: nick_nick on September 08, 2017, 05:48:11 AM

Quote from: parkdaesung on September 08, 2017, 04:44:04 AM

This ban gave me a opportunity to buy Bitcoin at $3800. I was so happy about it but i want it to go up now. Grin

Lucky you Park,

I bought my last coin at $4300 and invested in NEO Which is now trading very low.
I'm waiting for good days to come.

Me too. Waiting for good days

nick_nick

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Activity: 350

Merit: 100

Quote from: parkdaesung on September 08, 2017, 04:44:04 AM

This ban gave me a opportunity to buy Bitcoin at $3800. I was so happy about it but i want it to go up now. Grin

Lucky you Park,

I bought my last coin at $4300 and invested in NEO Which is now trading very low.
I'm waiting for good days to come.

nick_nick

full member

Activity: 350

Merit: 100

Quote from: Bitforking on September 08, 2017, 04:12:13 AM

Quote from: MiBambino on September 08, 2017, 04:07:46 AM

Quote from: yunita on September 08, 2017, 01:01:27 AM

the most fundamental effect due to ico in baned by china is the price of bitcoin and altcoin at all down, for some time after the market calm down then the price began to return to where it was originally again

We literally experienced the exact same thing during the drop at the beginning of this year, when China shut down some of its major exchanges

people's power vs. governments

one world ...one will

bitcoin will win

Well, the heat will be over sooner than expected. The comeback has already started and my precious NEO in gaining momentum.

Yuhee

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Quote from: Zicadis on September 08, 2017, 04:20:04 AM

Quote from: nick_nick on September 04, 2017, 06:27:44 PM

What do you think will happen to crypto currencies following the latest news on the #ban on ICO in China?

It makes digital currencies like bitcoin more valuale as these are safe to use and more established

Quote from: nick_nick on September 04, 2017, 06:27:44 PM

will the already successful ICO's refund people's monies to them?

Apparently it looks like we have a few ICO's from china seems like people were prepared for this of a situation

Quote from: nick_nick on September 04, 2017, 06:27:44 PM

Is it good for governments to ban the use of crypto currencies?

Governments involvement in decentralized crypto currencies is never a welcome move as I see it to be a hostile take over from their side but am sure its in the best interest to protect its Chinese investors.

Quote from: nick_nick on September 04, 2017, 06:27:44 PM

Tell me what you think about any of these.

If after a period of say three, four months we have less ICO scams then credit will to the Chinese government but if nothing changes their efforts were all in vain.

And i thought the whole bitcoin was banned in china. But safe to say that china does not easily allow any of those ICO's to invest in there country. And i would agree that chinese gavernment can be help responsible for lesser scams in ICO. Time to clean up some ICO that really dont have a plan to pursue there coin when crowdsale has ended.

parkdaesung

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This ban gave me a opportunity to buy Bitcoin at $3800. I was so happy about it but i want it to go up now. Grin

Zicadis

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Dump it!!!

Quote from: nick_nick on September 04, 2017, 06:27:44 PM

What do you think will happen to crypto currencies following the latest news on the #ban on ICO in China?

It makes digital currencies like bitcoin more valuale as these are safe to use and more established

Quote from: nick_nick on September 04, 2017, 06:27:44 PM

will the already successful ICO's refund people's monies to them?

Apparently it looks like we have a few ICO's from china seems like people were prepared for this of a situation

Quote from: nick_nick on September 04, 2017, 06:27:44 PM

Is it good for governments to ban the use of crypto currencies?

Governments involvement in decentralized crypto currencies is never a welcome move as I see it to be a hostile take over from their side but am sure its in the best interest to protect its Chinese investors.

Quote from: nick_nick on September 04, 2017, 06:27:44 PM

Tell me what you think about any of these.

If after a period of say three, four months we have less ICO scams then credit will to the Chinese government but if nothing changes their efforts were all in vain.

nick_nick

full member

Activity: 350

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Quote from: yunita on September 08, 2017, 01:01:27 AM

the most fundamental effect due to ico in baned by china is the price of bitcoin and altcoin at all down, for some time after the market calm down then the price began to return to where it was originally again

The effect was short lived, Bitcoin price is going up again along with Ethereum. The victim NEO is also back on its feet.

3months18w

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Quote from: nick_nick on September 04, 2017, 06:27:44 PM

What do you think will happen to crypto currencies following the latest news on the #ban on ICO in China?

will the already successful ICO's refund people's monies to them?

Is it good for governments to ban the use of crypto currencies?

Tell me what you think about any of these.

As I know , some Chinese projects are refunding their investors , some exchanges have delisted ico tokens already.
I think government bans some shit icos is good for their residents , but can't ban all the icos totally, some good projects have been banned now.

investeerder

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Quote from: nick_nick on September 08, 2017, 03:54:38 AM

Quote from: mrjoy15 on September 07, 2017, 12:23:41 PM

Chaina's ICO ban news was just a excuse for the market to drop as much as it did. It's just looking to correct, and turned out this morning to be temporary. Markets are up.

Yes, It was temporary. Things have started coming back to normal and NEO is reviving. It was $30 yesterday.

Theirs no permanent on this world and those implemented law will surely be abide by chinese people when the law is not been watch by the authorities.

We know chinese are big players so provably they will comeback since they will surely miss the profit for staking and playing in cryptocurrency battles.

Bitforking

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Quote from: MiBambino on September 08, 2017, 04:07:46 AM

Quote from: yunita on September 08, 2017, 01:01:27 AM

the most fundamental effect due to ico in baned by china is the price of bitcoin and altcoin at all down, for some time after the market calm down then the price began to return to where it was originally again

We literally experienced the exact same thing during the drop at the beginning of this year, when China shut down some of its major exchanges

people's power vs. governments

one world ...one will

bitcoin will win

MiBambino

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IMUSIFY - Award Winning Blockchain Music Tech

Quote from: yunita on September 08, 2017, 01:01:27 AM

the most fundamental effect due to ico in baned by china is the price of bitcoin and altcoin at all down, for some time after the market calm down then the price began to return to where it was originally again

We literally experienced the exact same thing during the drop at the beginning of this year, when China shut down some of its major exchanges

nick_nick

full member

Activity: 350

Merit: 100

Quote from: mrjoy15 on September 07, 2017, 12:23:41 PM

Chaina's ICO ban news was just a excuse for the market to drop as much as it did. It's just looking to correct, and turned out this morning to be temporary. Markets are up.

Yes, It was temporary. Things have started coming back to normal and NEO is reviving. It was $30 yesterday.

yunita

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the most fundamental effect due to ico in baned by china is the price of bitcoin and altcoin at all down, for some time after the market calm down then the price began to return to where it was originally again

LakeBTC

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LakeBTC.com

China will eventually introduce sensible regulations and lift the ban. The national government is keen on risk management but they do not want to kill innovation.

I think they had to introduce the temporary ban because things were getting too hot, traditional scammers (pyramid schemes etc.) and organized crime were starting to get involved in ICO. China will hit these guys hard, but eventually, they will give the good guys some space to work.

bustomi

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Well, recently we already see what kind of effects it does, we see many coin market fall, including bitcoin itself, but it just for a while, but one thing to remember is everything that China banned, invest in it, said one of the great Figure

rooster2000bka

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China have big invester and ICO team! So it really Embarrassed

nick_nick

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Quote from: indrakusumaindra on September 07, 2017, 12:05:14 PM

seems like the effect of the ban is a great opportunity to invest coin in short term and gain a lot of profit. you may look at graph of coin value.

Yes it's true, I checked today and NEO has started going up again. i my investment will start growing Grin

glowing10

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Quote from: weav on September 07, 2017, 11:50:25 AM

Quote from: Taskford on September 07, 2017, 11:45:08 AM

Quote from: Zarbout on September 07, 2017, 11:43:21 AM

I don't understand how any one can ban ico? They just ban ico website? or what?

China ban their country from participating in any ico because they believe that it is not a good way to collect money from the people in their country and it is a bad news for the upcoming projects or even the current coins because the chinese might pull out their money in cryptocurrencies.

Well country's like China can censor the internet so why not a simple ico.

Reason it is little skeptical decision because they are allowing the bitcoin to boom in their country as right form starting China was aggressive in bitcoin and holds and trade majority of them. So with such a huge number banning an ICO is something which was not expected. Though does it mean in coming time there could be stricter laws regarding bitcoin too, we need to check it out that as well?

mrjoy15

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Chaina's ICO ban news was just a excuse for the market to drop as much as it did. It's just looking to correct, and turned out this morning to be temporary. Markets are up.

Topic: Effects of ICO ban in China - page 16. (Read 9905 times)