Topic: ICO Ban in China - Start of New Dawn (Read 840 times)
Indeed, it is expected that after the Chinese government has implemented a number of measures to remove non-transparent and risky ICOs from the market, a legitimate and justified ICO will dawn, as credibility will be significantly strengthened. Against this background, the rate of crypto-currencies, especially their leaders - bitcoin and etherium, will significantly increase. However, this will not be until October or November. In the meantime, we need to be patient and wait.
ICO banned in china because the Chinese government wants to make the regulation first, if the regulation about ICO already made of course ICO will be unbanned.
I think the government wants to control this market since this market is not controlled by the government, and if the government controls it completely, the ICO will be back, of course controlled by the government.
Cryptocurrencies have immense potential in terms of becoming a model means of exchange that is free from manipulation by governments, corporations, and other interest groups. Be that as it may, the recent news (erroneous or fact) about China shutting down ICOs and banning trading has caused the markets to plummet
ICO banned in china because the Chinese government wants to make the regulation first, if the regulation about ICO already made of course ICO will be unbanned.
I don't think China will ban it for long. After all Chinese are the most profitable investors in the whole of crypto markets.
Yeah and the rumor has not even been confirmed yet. China won't ban ICOs but will regulate it for better implementation.
I don't think China will ban it for long. After all Chinese are the most profitable investors in the whole of crypto markets.
China Ban ICO as in my opinion there are many fake company joining to raise a fund but end up to be scam. China would like to differentiate the SCAM ICO and the REAL DEAL ICO. I believe that banning of ICO in CHina will not last for long. In US Crypto currency are getting to its height even JP MORGAN CEO says that bitcoin is a "FRAUD" and every JP MORGAN TRADERS that participate in bitcoin will be fired up. which take to its turn that many big company in Wall Street are starting to create their own crypto and holding and investing in to crypto s they will not left behind in the out growing popularity of crypto.
The effect that this will have on cryptocurrency is being completely overblown their will just be a small short term setback then it will be business as usual.
This kicks out the fakes, and once more join in the ban, the ICO will be even bigger and a new world of investment market will emerge.
Big company will flood in to add their weight on Crypto currencies and for US, the earlier investors....HODL!
May the BTC be with you
and live happy ever after
Big company will flood in to add their weight on Crypto currencies and for US, the earlier investors....HODL!
May the BTC be with you
and live happy ever after
If I'm not wrong, the ban is just temporary and they may lift up the ban once they made an appropriate regulations for ICO's. We know China doesn't want something profitable to be out of their sight and they will get back to crypto currency and especially bitcoin. The holders, traders and crypto Chinese will just simply hold it until the ban lifted.
Yes what happened after the ban announcement is only a temporary setback. Things are gonna get better I'm confident it's time to invest
yes i am also happy with this information. hopefully many ico are spread again with a large distribution so that people's lives will again generate revenue with more feasible again.
It seems to me that China is already not the dominant market and the prohibition ico there can hurt only to China, but not ico for sure
Here is an article i came across a few days ago, it talks about the future of regulations and the consequences / bonuses of that. Worth a read
https://medium.com/@crowdholding/china-ban-on-icos-not-all-doom-and-gloom-74daf814209c
https://medium.com/@crowdholding/china-ban-on-icos-not-all-doom-and-gloom-74daf814209c
the customs with profile as people as aggregate or partisan from prc country has as almost of many as having with the less on preference
that those to differed with the ones of profile of partisan from outside prc (nation chinese) as might they had with request as recalling
shifts with the chance of entrance as being within the field of the crypto currency business.
that might be the nation chinese (as opposed to country chinese) sees of threat with the risks as they might expending the higher limit on manage
as the use with the chance as qualifying with the ico schemes (as developer or buyer).
the strict rules with the barre of information exchange of the prc country policy might refer also the excess on level of evaluation as
they of the country chinese should not ruin as results of the minimum spares of access as gathering information to goes as targeting the customs
as with the schemes of ico.
that the ban policy still kept of strategics of the colateral relation of position between the good market -manufacture.
This kicks out the fakes, and once more join in the ban, the ICO will be even bigger and a new world of investment market will emerge.
Big company will flood in to add their weight on Crypto currencies and for US, the earlier investors....HODL!
May the BTC be with you
and live happy ever after
It's like a story happy ending LOL Big company will flood in to add their weight on Crypto currencies and for US, the earlier investors....HODL!
May the BTC be with you
and live happy ever after
right now the crypto market is still volatile and it offers trading opportunities. Actually it is an opportunity, not something bad if you know grasp it.
I can see this playing out and a temporary dip. They can't exile themselves from ICOs.
But all the news related to China and ICO is a temporary ban and I think that everything will soon be normalized.
I think this is temporary, you can't really stop decentralization and the exchanges part have always bern the worst part about cryptocurrencies, i mean polo or bittrex can run away with billions of dollars right now, decentralized exchanges will be the new way to go
I don't know the exact place which could confirm the news of ICO ban in China, but I think that this isn't needed certainly but they could have gone strict by setting up a committee which could determine that on what basis/parameters, an ICO should be allowed in their country as that would root out scams and only genuine ICOs would be established. Such ways could even help other countries too to decide which ones to be given a green signal and which ones to be denied.
Practically from the very beginning of the receipt of negative information for the crypto currency, when they wrote that the Chinese government forbids trading currency on the stock exchanges, and the exchanges stated that they did not receive any such orders, it was clear that someone was pushing the situation and playing down the market of crypto-currencies. Now the situation is gradually clearing up, and I hope that the sharp rise in the rate of crypto currency will be soon.
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