I think it's not good. It's really easy and fast way to earn money. For example I was a big fun of red pulse but by now its too sad. At that moment I invested into Confideal and Jibrel Network for sure
I think its a good idea and the other government should ban cryptocurrencies based ICO'S or maybe regulate it because we really don't know what the funds raised is really used for what if it is a scheme by terrorists to fund their operations. I agree with China on their stance and the US SEC are also concerned about it as well. 
Topic: ICO is officially banned in China !!! - page 11. (Read 11280 times)
I think it's not good. It's really easy and fast way to earn money. For example I was a big fun of red pulse but by now its too sad. At that moment I invested into Confideal and Jibrel Network for sure
This is certainly very sad, when cryptocurrency industry is growing rapidly precisely china banned ICO government. I hope this does not impact too much and ICO continues to grow in the future.
I’m not surprised they did this, they are trying their best to control their citizens and all those icos gave people an instrument to move their money away of China with extreme ease, if the ban at some point ends then you can expect a great amount of regulation and then another instrument will be needed to be created for those that want to have access to Chinese investors. 
I didn't understand anything but lately i saw many ico's banning Chinese citizens like they do with American citizens.
from the start I do not know for sure about this news ,,,, is it true or not? if anyone would give me information about ICO banned in china ,, may i ask for the source of the information?
There is always a workaround. Anyone who wants to invest will invest. Maybe you are removing large amounts that are not enough to not know how to get a VPN and do everything and scare everyone, but the ICO will never go away, even if they It should be held in the Cayman Islands or some shit. I believe there are no number of bans that will stop the ICO from happening. There is always a workaround. Anyone who wants to invest will invest. Not surprisingly this news. But we notice after this news it is heavily affected in the crypto market. As we know the market will be back at any time.
I think it will not last anymore because they have most of the volume traded in crypto currency. If they keep a ban for long periods of time, that means they are locked out of funds if they invest in the ICO and this will affect the economy of this country as surely the volume of trade is very high. .
I think it will not last anymore because they have most of the volume traded in crypto currency. If they keep a ban for long periods of time, that means they are locked out of funds if they invest in the ICO and this will affect the economy of this country as surely the volume of trade is very high. .
Well that's to be expected. China doesn't want anything to go under their noses without them having some kind of control. Though these icos admittedly can cause people to lose money as many of the are scams, btc is quite different as well as trusted alts like ether
Governments want to have control of their population but I think they are reaching a very dangerous level of power and if things keep going in this direction I will not be surprised if people rebel, not with violence but taking measures that do not allow a government to control them, encrypting their computers and communications to make it harder for governments to spy on their population and with the use of bitcoin they will avoid feeding the big governments that we have by denying them taxes.Universal Basic Income will cement government control, should it ever get passed in any significant manner.
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This is certainly very sad, when cryptocurrency industry is growing rapidly precisely china banned ICO government. I hope this does not impact too much and ICO continues to grow in the future.
yes it is sadly know that news but we can not do anything while the government itself said that. the only we can do is the other country is not following china to banned ico. i think in future, if the ico can give a proof that it is really good, i am sure the other government will allowing ico to followed by their people. and if the ico can make sure that their investor money will not gone, i think they have another chance to release the project into public.
This is certainly very sad, when cryptocurrency industry is growing rapidly precisely china banned ICO government. I hope this does not impact too much and ICO continues to grow in the future.
When I heard this news, I was afraid that the neighboring country of China will banned ICO, but as of now it is not. And Im glad that we will not suffer as what have China did. Because we all know that ICOs have a lot of benefits if give us. But I think China did this to prevent people from scammers and such.
God ... mostly ICO's propaganda reminds scientology or something
Well that's to be expected. China doesn't want anything to go under their noses without them having some kind of control. Though these icos admittedly can cause people to lose money as many of the are scams, btc is quite different as well as trusted alts like ether
Governments want to have control of their population but I think they are reaching a very dangerous level of power and if things keep going in this direction I will not be surprised if people rebel, not with violence but taking measures that do not allow a government to control them, encrypting their computers and communications to make it harder for governments to spy on their population and with the use of bitcoin they will avoid feeding the big governments that we have by denying them taxes.Universal Basic Income will cement government control, should it ever get passed in any significant manner.
Well that's to be expected. China doesn't want anything to go under their noses without them having some kind of control. Though these icos admittedly can cause people to lose money as many of the are scams, btc is quite different as well as trusted alts like ether
Governments want to have control of their population but I think they are reaching a very dangerous level of power and if things keep going in this direction I will not be surprised if people rebel, not with violence but taking measures that do not allow a government to control them, encrypting their computers and communications to make it harder for governments to spy on their population and with the use of bitcoin they will avoid feeding the big governments that we have by denying them taxes. 
It seems like it's a policy of the Chinese government to protect the citizens from fraud with the ICO projects. Because there are many ICO projects created by someone to treat investors. So when lots of the ICOs became a fraud, the China's acting quickly to make regulations on it. It due to Absolute bloodbath as well. Hope the market turn to be good. 
That will protect us. Now people can't create ICO ez. avoid scam. We can verify information about dev
Well that's to be expected. China doesn't want anything to go under their noses without them having some kind of control. Though these icos admittedly can cause people to lose money as many of the are scams, btc is quite different as well as trusted alts like ether
It was a matter of time, in fact I’m a little surprised that this did not happen before, maybe the Chinese are very busy on something else, even some member of the forum were asking for solutions about a way to stop or at least reduce the number of scam icos appearing in the forum and it seems that the Chinese government is going to help with that, since less money is going to flow to icos.
I think they may have been looking at crypto's already starting when they investigated the fake trading volumes around Feb-March this year. And when the price ballooned to $4000-$5000 this month, they can no longer ignore if. So they step up specially stopping fake or scam ICO, specially that a lot of Chinese has been investing on it ever since. I guess they just want to protect their people against it, but the timing of the declaration is somewhat off.
Why do you think that happened in China?
Communist party, total control, party members or relatives that got scammed, idiots in charge of laws...or simply put... because it is China.
Respecting the laws in China is impossible and that's why nobody does. That's why nobody cares abut them 'banning" something for the x time last years.
Great decision from China, although bitcoin took a hit in the last couple of days, seems like the effect wasn't permanent and will help regulate ICO.
They don't want to regulate it.They just want to stop them.
And nobody with a brain will invest in an ICO accepted enforced and controlled by the government.
No matter if a country is communist or capitalist, they always take their own benefits whn it comes to their advantage. Their ideologies doesn't change this. USA or China are the good examples.
They tried to ban all ICO, let's see what's gonna happen.
Though truly profitable, ICOs are considered scams by many but there are few that are truly legitimate. Just the right choice for China because these ICOs are targeting the people of their country because there are many crypto currency investors in China.
Unless it has long term success, ICOs are only profitable to early adopters (if the token is not launched below the ICO price, of course...) and a few other investors who buy before the pump.The point is, it's not hard to understand that most ICOs will not have long term success, and many people will have to learn the hard way.
No ICO's that specifically targeting China, it targets the whole world especially those who really in the cryptocurrency scene now, I really don't know why Chinese government made a move like this to their citizens, it seems that their cyber authorities is so great that they can monitor every financial flow in their economic growth and see that most of the money of their people is moving inside the crypto world.
For me ICO's are simply risking your money because you trusted that company who made that platform to be successful in the future, unless you are just investing blindly that you will not take time to study what is the background of the ICO itself.
I think it's a policy of the Chinese government to protect the citizens from fraud with the ICO. As we know there is many ICOs became a fraud, and China's acting quickly to make regulations on it. Nothing bad can happen if every ICO developer records their name on the official government list to become a legal company. CMIIW.
Hmm.. maybe China people should be careful and smart to chose some ICOs. So that they dont get banned. ICOs have so much useful things. It can give us financial freedom, knowledge, and many more. By blocking them isnt that bad ? I guess China people should be careful and not bann the ICO. How do you guys think ?
Though truly profitable, ICOs are considered scams by many but there are few that are truly legitimate. Just the right choice for China because these ICOs are targeting the people of their country because there are many crypto currency investors in China.
Unless it has long term success, ICOs are only profitable to early adopters (if the token is not launched below the ICO price, of course...) and a few other investors who buy before the pump.The point is, it's not hard to understand that most ICOs will not have long term success, and many people will have to learn the hard way.
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