ICO is officially banned in China !!! - page 9.

BusyBeaverHP

full member

Activity: 209

Merit: 100

Quote from: CohY4ohvoh on December 18, 2017, 10:41:12 AM

i also support that many ICO is scam and they gain a lot without rule against them.

maybe they will make rule

Yes that is right that some ICOs my be scam, but it does not mean that all ICOs can be consider as scam. I have invested money in some ICOs and got a good amount of money from there and they are even now following their road map.

CohY4ohvoh

jr. member

Activity: 57

Merit: 10

i also support that many ICO is scam and they gain a lot without rule against them.

maybe they will make rule

tobson2

member

Activity: 294

Merit: 10

Founder & CTO at savedroid AG

The main question is: will chinese citizens actually care? Wink

bitlayer

newbie

Activity: 42

Merit: 0

I think regulatory moves from governments are more than expected with the growing interest on ICOs and cryptocurrencies. As some people may consider those as measures to block these initiatives, considering the increase of scams I think this kind of thing can make people more aware of the risks involved and also more cautious before investing. That said, I'm taking a closer look on application tokens that have a utility other than mere especulative growth, such as AppCoins or OmiseGO, to name a few. I believe that this a solid way to go.

howardhoward

newbie

Activity: 56

Merit: 0

China is a country with non democratic society, so ICO ban is predictable thing for it.

Duzter

sr. member

Activity: 1092

Merit: 256

Leading Crypto Sports Betting & Casino Platform

Bitcoin has got regulated and not banned. This doesn't lead the market downtrend, several countries have the same issue of regulating the ICO to have a perfect growth. Even in a recent meeting Russian economic minister stated that it's a must to regulate and use, because those icos play a major role in the upcoming startup growth and entrepreneurship.

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: Washball on November 22, 2017, 03:14:21 PM

It does not matter. We see the price still rising. It may be right or wrong China banning ICO's, but it ' s a fact that many ICO's are a scam. Now even Skype, Whatsap and some other apps are banned, just like Facebook and Twitter. That is a real bad decision, that shows the fear of the China government of losing control. However, Bitcoin and all cryptocurrencies will not suffer from governments wanting to regulate.

its definitely a wrong decision.
its probably not just because of the ICO scam that China ban it but they thought they can stop their people from using bitcoin to launder money. But weren't NEO that they intend to develop much like WAVES for the Russians.

Washball

full member

Activity: 266

Merit: 151

First crypto index traded as a token!

It does not matter. We see the price still rising. It may be right or wrong China banning ICO's, but it ' s a fact that many ICO's are a scam. Now even Skype, Whatsap and some other apps are banned, just like Facebook and Twitter. That is a real bad decision, that shows the fear of the China government of losing control. However, Bitcoin and all cryptocurrencies will not suffer from governments wanting to regulate.

bristlefront

member

Activity: 225

Merit: 10

I think they consider ICO as a source of income just by crowdfunding. If the owner of ICO started to consult the government agency that concerns about ICO then they should not be ending like this. Some ICOs are abusing the crowdfunding and get a few on the collected fund by overpricing the project that the ICO aims. Too bad for them but I hope that they start legalizing bitcoin again for faster growth of bitcoin.

Chrystora123

full member

Activity: 1414

Merit: 228

Omicron is another FUD

Quote from: erikmatik on September 04, 2017, 04:16:14 AM

Can we request for translation? Thanks!!!

he copies the text directly from the article, lol Cheesy

until when China will continue banned ICO, my prediction will release banned ICO in the next 3 years ...

SergeyShirinya

newbie

Activity: 2

Merit: 0

I think it's strange to forbid ICO projects in China.Just enough to conduct an audit of all projects and everything will be safe, official reports will also be provided.

anglivia

newbie

Activity: 2

Merit: 0

Did anyone hear about the rumour for ICOs to be allowed in China on NEO?

bololord

full member

Activity: 420

Merit: 101

bncbnc

hero member

Activity: 840

Merit: 500

Quote from: nutildah on November 16, 2017, 07:10:26 PM

I recently got back from Shanghai and from the looks of it, most information about bitcoin is being censored completely in China. Couldn't connect to this forum, my blockchain.info wallet, or visit other BTC-related websites (not to mention couldn't use Google or Facebook, but that's not as surprising).

I could access the forum using a Tor browser... but something fishy was definitely going on with my computer while I was there.

I forgot to try to look up Tiananmen Square on Wikipedia when I was there, just for the lulz....

Interesting, its mean that still people may be using bitcoin using through through different softwares. i am sure that the bane on ICOS and other altcoin will be temporary and very soon they are going to release the bane from bitcoin and people will once again start using bitcoin as they were in future. In fact crypto currency is the future of the world and every country has to accept that fact.

nutildah

legendary

Activity: 3010

Merit: 8114

I recently got back from Shanghai and from the looks of it, most information about bitcoin is being censored completely in China. Couldn't connect to this forum, my blockchain.info wallet, or visit other BTC-related websites (not to mention couldn't use Google or Facebook, but that's not as surprising).

I could access the forum using a Tor browser... but something fishy was definitely going on with my computer while I was there.

I forgot to try to look up Tiananmen Square on Wikipedia when I was there, just for the lulz....

Clement Kaliyar

hero member

Activity: 1302

Merit: 532

Many countries are coming out to curb the billion dollar ICO industry and even though they are trying to ban these sort of crowd funding majority of the ICO funding are still coming from Asian countries,even if they ban these sort of funding,people will always find a way to keep the ball running and there is nothing they can do about it.

ridho002

full member

Activity: 340

Merit: 100

Perhaps it has been the policy of China for its people not to fall into ICO cheating, China is the country that quickly responds to it all.

xanxus.kun

full member

Activity: 495

Merit: 100

You have to get what you want your own way.

well I can't blame them, after all there are lots of scam ico popping out nowadays, I think its a good move that Chinese Government banned it, protecting their people from scammers.

jamessss.brown

newbie

Activity: 5

Merit: 0

Maybe, they think that it will influence badly for people...

peach56

member

Activity: 167

Merit: 59

Another very aggressive move by the Bank of China but also their government. Once again displaying classic censorship in fear of their citizens making money on ICO's instead of going through their own centralised channels.

Topic: ICO is officially banned in China !!! - page 9. (Read 11280 times)