Has the China ban affected ICO fund raising? - page 2.

cryptohorsee

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Quote from: Invester on September 16, 2017, 03:27:04 AM

Quote from: metalbean on September 15, 2017, 11:28:35 AM

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

Of course it does because chinese will now be f*cking afraid to invest in ICOs. That is the bad thing here. This country has so big a population involved in crypto. Before, people coming based in the US and Singapore are the ones that are oftentimes not allowed to participate in most ICOs.

They will just buy after ico which is good for me !

Invester

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Quote from: metalbean on September 15, 2017, 11:28:35 AM

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

Of course it does because chinese will now be f*cking afraid to invest in ICOs. That is the bad thing here. This country has so big a population involved in crypto. Before, people coming based in the US and Singapore are the ones that are oftentimes not allowed to participate in most ICOs.

Tamilson

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Quote from: coinzoid on September 16, 2017, 12:17:43 AM

The list of coins (ICOs) are too crowded. This ban, could have eliminated a few of them if it did really work. However, I don't think this will be the case.

Well maybe if China will be banning all related things about crypto the shitcoins will be lessen.
Like we have hundreds of altcoins and just few of them are really have worth and some are just created with some ICO that China had raised.

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Quote from: arpon11 on September 16, 2017, 12:20:30 AM

Quote from: metalbean on September 15, 2017, 11:28:35 AM

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

The banned is going to affect many ico project and currently most of the project from China has a price down over 30%. I think in the long run we would appreciate what Chinese government's regulatory agency are trying to do now as most people even shop are now opening ico up and down to raise capital for business that has no strong foundation.

I do agree with you, the ban has saved some people their life savings, what I see in the space is that most of these people do nothing to research the project they want to invest into, just follow the crowd wisdom which most of the time always wrong. I know the noise is coming back but for now there is sanity and fear in the space

metalbean

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Quote from: romani245 on September 16, 2017, 01:32:51 AM

Quote from: metalbean on September 16, 2017, 01:14:04 AM

Quote from: FrankNoland on September 16, 2017, 12:28:08 AM

Quote from: metalbean on September 15, 2017, 11:28:35 AM

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

I don't think that the Chinese ban will affect ICOs in any way. ICOs will still continue with or without China. Do you reckon what happened with the SEC ICO regulation for US investor, at first we all thought that the US ban was going to affect ICOs in general but nothing happened. This will happen with China too, the world is too big and can do better without the influence China or any other country. ICOs will not vanished because one country decided to ban them. ICOs are a good way for upcoming projects to raise funds so that they can develop their project. However, there are a lot of scams, and if this issue persists, I see a lot of countries banning ICOs in the near future.

How do, then, the investors from these banned countries invest?

Two ways: 1) Most ICOs will ban (or are already banning) Chinese residents from participation. One thing Chinese residents can then do is fire up a VPN that says they live in Canada or something and invest that way. Asking if you are a resident and IP-restricting is pretty good legal CYA. Delivery is electronic, so there are no major issues here if all parties keep quiet.

2) Bigger ICOs will start seeking regulatory approval from the Chinese government (and for that matter, the US government). With a regulatory rubber stamp of approval, Chinese investors would probably flock to invest.

But how do you cover ur ass, the ICO sites want a passport upload

romani245

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Quote from: metalbean on September 16, 2017, 01:14:04 AM

Quote from: FrankNoland on September 16, 2017, 12:28:08 AM

Quote from: metalbean on September 15, 2017, 11:28:35 AM

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

I don't think that the Chinese ban will affect ICOs in any way. ICOs will still continue with or without China. Do you reckon what happened with the SEC ICO regulation for US investor, at first we all thought that the US ban was going to affect ICOs in general but nothing happened. This will happen with China too, the world is too big and can do better without the influence China or any other country. ICOs will not vanished because one country decided to ban them. ICOs are a good way for upcoming projects to raise funds so that they can develop their project. However, there are a lot of scams, and if this issue persists, I see a lot of countries banning ICOs in the near future.

How do, then, the investors from these banned countries invest?

Two ways: 1) Most ICOs will ban (or are already banning) Chinese residents from participation. One thing Chinese residents can then do is fire up a VPN that says they live in Canada or something and invest that way. Asking if you are a resident and IP-restricting is pretty good legal CYA. Delivery is electronic, so there are no major issues here if all parties keep quiet.

2) Bigger ICOs will start seeking regulatory approval from the Chinese government (and for that matter, the US government). With a regulatory rubber stamp of approval, Chinese investors would probably flock to invest.

metalbean

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Quote from: FrankNoland on September 16, 2017, 12:28:08 AM

Quote from: metalbean on September 15, 2017, 11:28:35 AM

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

I don't think that the Chinese ban will affect ICOs in any way. ICOs will still continue with or without China. Do you reckon what happened with the SEC ICO regulation for US investor, at first we all thought that the US ban was going to affect ICOs in general but nothing happened. This will happen with China too, the world is too big and can do better without the influence China or any other country. ICOs will not vanished because one country decided to ban them. ICOs are a good way for upcoming projects to raise funds so that they can develop their project. However, there are a lot of scams, and if this issue persists, I see a lot of countries banning ICOs in the near future.

How do, then, the investors from these banned countries invest?

FrankNoland

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Quote from: metalbean on September 15, 2017, 11:28:35 AM

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

I don't think that the Chinese ban will affect ICOs in any way. ICOs will still continue with or without China. Do you reckon what happened with the SEC ICO regulation for US investor, at first we all thought that the US ban was going to affect ICOs in general but nothing happened. This will happen with China too, the world is too big and can do better without the influence China or any other country. ICOs will not vanished because one country decided to ban them. ICOs are a good way for upcoming projects to raise funds so that they can develop their project. However, there are a lot of scams, and if this issue persists, I see a lot of countries banning ICOs in the near future.

arpon11

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Quote from: metalbean on September 15, 2017, 11:28:35 AM

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

The banned is going to affect many ico project and currently most of the project from China has a price down over 30%. I think in the long run we would appreciate what Chinese government's regulatory agency are trying to do now as most people even shop are now opening ico up and down to raise capital for business that has no strong foundation.

coinzoid

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The list of coins (ICOs) are too crowded. This ban, could have eliminated a few of them if it did really work. However, I don't think this will be the case.

rjbtc2017

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Quote from: metalbean on September 15, 2017, 11:28:35 AM

Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

It will have an effect and obviously we can also see the effect, many shittycoins will now be stopped from growing and more chinese investors will focus on current coins that really matters.
I thought ico ban on china will also affect bitcoin's price, yes it did but as i can see now bitcoin's price is now rallying upward.

James_CanYa

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To my knowledge the China ban will mostly effect the flow of capital into Chinese ICO's. There was a ridiculous amount of ICO's happening China - To a point where investors didn't even care what they were buying into - Explanation of ICO consultant in China - https://www.youtube.com/watch?v=Gx7qjIpQHgc&t=36s

klixion

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It probably will affect ICO's from raising huge amounts of money but it will also help projects that have been around for a while. Less money into ICO's means more money into current projects.

renes

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Not much, for example kin raised 328k ether so far. Maybe they would raise 600k without china ban but not important both are enough for kin.

metalbean

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do you guys quality ICOs will raise more or much less now that the ban is instituted?

mx667

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Maybe. Because China is one of the most powerful country in the world. But some say China is developing blockchain technology. I think everything will be alright because there are other powerful country in the world that will keep bitcoin up in the air.

Prodigan786

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It will definitely effect all the Ico happening recent successful Ico indorse returned 7000 ether for their Chinese token contributor. But it's good there is lots of crap Ico with only scam intention are coming so it should be regulated.

tobatz23

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The ban mostly hurts local developers, who may just look elsewhere to raise virtual funds for their new digital world start-up projects. ICO's may be dead in China, but they're not dead in other countries..

hosseinimr93

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It can affect ICOs in short term because of those who panic and don't want to risk. But everything goes back to normal very soon. By the way, I don't think ICOs ban in China is permanent

evski

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there are still many promising icos based out of other countries

personally, I am very excited for Swarm.Fund ico

https://www.forbes.com/sites/giovannirodriguez/2017/08/16/can-swarm-fund-help-the-cryptocurrency-market-finally-enter-the-mainstream/#3c562d2f2e77

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