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Topic: Funny about China ICO Ban (Read 1018 times)

full member
Activity: 448
Merit: 100
September 05, 2017, 11:49:58 PM
#33
China are the empires of hahaha coins, cheap mining, cheap labor! All cheap.

I think over time they will accept all the coins!
 Wink
Yeah, CHina will use all coins. I mean chinese not the government. How strong is the rules in china will not effect all ICos in the world. ICOs will be coming in 2018-2019. After that I am not sure. It is prospective or not or more countries will regulate ICOs.
full member
Activity: 560
Merit: 121
September 05, 2017, 03:39:26 PM
#32
I think the reason could probobly be fake/scam ICOs. They are the mother of fakes.
newbie
Activity: 14
Merit: 0
September 05, 2017, 03:25:08 PM
#31
China are the empires of hahaha coins, cheap mining, cheap labor! All cheap.

I think over time they will accept all the coins!
 Wink
sr. member
Activity: 476
Merit: 254
September 05, 2017, 03:06:45 PM
#30
To lighten the mood a bit...




"The lesson from the Internet is, anything that China bans, invest in it."

Its so funny that after the news the market react badly to it and every coin came crashing but in less than 48hours there seems to be a gradual recovery which is what we are seeing now and some people will cash in big in this event. A lot of other people equally became fools of the moment forgetting to ask the question, how will the law be implemented? Which no one knows how it will and its more funny that in a day, with the right coin one could make a fortune.
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
September 05, 2017, 02:52:00 PM
#29
China is only 15% of the market so relax. Moreover, I believe they will change their minds as it was in 2014 and last year. They just dump course.

I guess this makes sense. Chinese are really good businessman, maybe they're just doing it temporarily just to dump some coins. And they would remove it after a while. Well, there's a lot of big countries that could invest more than China, so I guess there would be somehow an effect because of this but it's not that much.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
September 05, 2017, 02:43:20 PM
#28
The ban isn't a permanent ban for all ICOs. Give it a while, and they'll start letting approved ones through. Regulation is good news as far as ICOs go, this will help to weed out the scams and just leave the genuine projects.
it might seem like this is just a blanket ban. eventually the ban will be removed and reworked.
you can ban cryptocurrency unless you want to go back into the third world


Exactly my thoughts
member
Activity: 81
Merit: 10
September 05, 2017, 02:36:36 PM
#27
The ban isn't a permanent ban for all ICOs. Give it a while, and they'll start letting approved ones through. Regulation is good news as far as ICOs go, this will help to weed out the scams and just leave the genuine projects.
it might seem like this is just a blanket ban. eventually the ban will be removed and reworked.
you can ban cryptocurrency unless you want to go back into the third world
full member
Activity: 173
Merit: 105
September 05, 2017, 02:10:54 PM
#26
China lives in the paleolithic era
newbie
Activity: 24
Merit: 0
September 05, 2017, 02:01:05 PM
#25
they will implement they own ico infrastructure.

Regards.

edgardo aguirre
newbie
Activity: 33
Merit: 0
September 05, 2017, 01:58:20 PM
#24
Most of the Chinese exchanges have sent a notice to the WeChat customer to inform the bitcoin deal continues despite the statement. of PboC.
full member
Activity: 1036
Merit: 116
September 05, 2017, 01:57:27 PM
#23
China is a drama queen

Just throwing their toys out of the pram!
newbie
Activity: 42
Merit: 0
September 05, 2017, 01:51:40 PM
#22
Haha, that turns out to be true. Governments like China always kills ordinary people's motivations.
Cryptocurrencies give ordinary people to invest into projects, introduce into economy. But they basically cut it off. Sad.
They are afraid of those who invest in bitco machines, not managed by the government. In general, because companies can manage and => tax
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
September 05, 2017, 01:49:24 PM
#21
I actually laughed hard when I see this picture via Twitter. It really lightened my mood and relieved the stress that built up during the dump coz of the ICO ban in China. But kidding aside, if we really analyze what he said here, we can really see that he's telling some interesting facts here. Almost everything that was banned in China succeeded in the rest of the world. It just means that even if China banned something, it will not fall into abyss and more importantly, the rest of the world will embrace it (without banning it).
sr. member
Activity: 1078
Merit: 354
September 05, 2017, 01:42:48 PM
#20
The ban isn't a permanent ban for all ICOs. Give it a while, and they'll start letting approved ones through. Regulation is good news as far as ICOs go, this will help to weed out the scams and just leave the genuine projects.
newbie
Activity: 38
Merit: 0
September 05, 2017, 01:41:31 PM
#19
To lighten the mood a bit...

https://i.redd.it/lhz2glxxvvjz.png


"The lesson from the Internet is, anything that China bans, invest in it."
There is only one decision from the Chinese government, making the market riot
full member
Activity: 254
Merit: 100
September 05, 2017, 01:38:50 PM
#18
I am a little bit doubtful with the ban drama China created I think they are just trying to make a panic to people so that they can buy more bitcoin and other coins when people will start to dump their coins because of the news.
full member
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
September 05, 2017, 12:57:31 PM
#17
Strange people there in China. Prohibited because they can not control it
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
September 05, 2017, 12:34:35 PM
#16
Am I the only one that sees similarities between the situation today and the situation of the beginning of this year when china pretty much shut down some of it's biggest exchanges? This ban is temporarely guys, nothing to be afraid of, if anything buy now so you can sell later at a massive profit
full member
Activity: 196
Merit: 100
September 05, 2017, 11:49:28 AM
#15
The ban is temporary. It will eventually be lifted once regulation is ready.
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
September 05, 2017, 11:44:50 AM
#14
To lighten the mood a bit...




"The lesson from the Internet is, anything that China bans, invest in it."
lol. look at facebook and google. They need china market. but without china market they still be the king. That is the same for ETH

This made my day and honestly I think he is right though it seems kind of funny though. ICO's may have been banned from China and considered it as illegal but they did not say anything about bitcoin and other altcoins.
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