Pages:
Author

Topic: Has the China ban affected ICO fund raising? (Read 1262 times)

sr. member
Activity: 476
Merit: 250
September 18, 2017, 05:46:34 PM
#50
It has obviously had it's effect already.
Depending on regulations it might get even worse, is there any more detailed info available yet?
full member
Activity: 238
Merit: 100
September 18, 2017, 05:39:36 PM
#49
Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

I think it is, because many of ico are based in China. People in China are depending in the crypto, so they have a large percent in funding and raising in ico, many are bussinesman and woman that are funding in the crypto think about what can China give in crypto.
Mr
sr. member
Activity: 309
Merit: 250
September 18, 2017, 11:36:08 AM
#48
Only affect ICOs ICOs which are located on China. Other ICOs still live well. Many of them have increased the price significantly so that I do not think that it make a huge change on the market Wink Everything seems back to normal now so that we do not need to worry about that
hero member
Activity: 966
Merit: 552
September 18, 2017, 08:50:54 AM
#47
I don't think the China ban affected to ICOs funds raising, it is just affected to the digital coins based on smart contract platform are like, ethereum, ethereum classic, Neo, EOS and other altcoins. Their price went down but just for short term, we can see right now the digital price are going up again, actually the factors that makes ICOs funds is the fundamental of ICOs projects and the comunity of ICOs projects.
sr. member
Activity: 364
Merit: 250
Analysis is the key.
September 18, 2017, 05:44:13 AM
#46
I think this will limit the speculative market, while the market of real ICO investors (long-term) will be more accessible.
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
September 18, 2017, 05:04:18 AM
#45
99% or even 100% of recent ICO's will fail. Why? Because they don't need blockchain to implement their idea. It is only hype and method to raise a lot of money in minutes. That is the driving force of ICO's. Not technological innovation.
full member
Activity: 798
Merit: 103
September 18, 2017, 04:54:06 AM
#44
Apparently some Chineses use Telegram to trade Bitcoin. So i think, they still can participate in ICO. I found that on bitcoin.com:
https://news.bitcoin.com/chinese-investors-to-trade-bitcoin-over-the-counter-via-telegram/
And also in this website, they also mention that Morgan Stanley invest for 3 million in XBT shares which track the Bitcoin prices.
https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
But China seems very serious to track fraudsters. So they need to be really careful. If they get caught, i don't know what they risk. Maybe lose everything?
And they can be scammed this way too by people doing the intermediates with Telegram.
It is safer for them to go outside of China i think if they want to trade.
member
Activity: 88
Merit: 10
September 18, 2017, 04:46:45 AM
#43
Absolutely.

many ICO had remove or restrict investors from china/
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
September 18, 2017, 04:44:47 AM
#42
Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?

Hardly it is. I think this kind of politics won't bring any changes to the amount of ICO fundraising. May be a little.
sr. member
Activity: 663
Merit: 250
September 18, 2017, 04:35:56 AM
#41
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.

That is true. ICO is getting crowded with so many coins being offered at the same time. It is getting hard to tell which one is going to function well after the ICO and which one is offered for the sake of pooling over money. But this is still affecting so bad the entire reputation of ICOs in china.
member
Activity: 68
Merit: 10
September 18, 2017, 04:22:43 AM
#40
It is not true to say that China completely banned ICOs.

They want to regulate it because a lot of money is involved in that market and because indeed, scams are going on and most importantly for the Chinese government, ICOs and cryptocurrency, in general, helps Chineses residents get their money out of the country in a hard to be controlled way.

It will be legal in the next 6 months or so but only under certain restrictions and guidelines. Most other countries will also apply such rules. I mean come on, that is really easy to forecast. Governments are discussing it but need a few years/months until they can act.It is always the case with governments, they need a relatively long time but finally, they react to stuff like that.

full member
Activity: 140
Merit: 101
September 18, 2017, 02:33:20 AM
#39
Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?
Hopefully ICO and Tokens made illegal worldwide. Would make less scams.
hero member
Activity: 854
Merit: 522
September 18, 2017, 02:30:38 AM
#38
Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?
If the ICOs projects are for Chinese people yes, the China ban affected ICO funds, for example if there are ICOs projects be builded based on neo's platform it will get a little amount of funds ICOs funds, but will be different with the ICOs projects for international costumers around the world, the Chinese government ban won't affected to ICO funds rising, so actually depend on the marketing of ICOs projects from the developer of team.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
September 16, 2017, 02:48:47 PM
#37
Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?
The recent shake down and the banning of ICO from China will affect the crowd funding of the tokens during these period as people will be more skeptical in their investments and would rather hold back their investments rather than going with the flow as we used to see earlier and i am waiting to see how this shapes in the future.
full member
Activity: 658
Merit: 102
September 16, 2017, 02:19:34 PM
#36
The ban in China to hold an ICO, of course, will affect the collection of funds for it, especially at first. In the future, Chinese investors will find a way to invest in it, there would be a desire. As for the developers of the new ICO projects, as far as I know, Japan is ready to tackle the new ICO and fill the niche formerly occupied by China. So the world can do without China.
full member
Activity: 250
Merit: 100
September 16, 2017, 01:59:14 PM
#35
Some say that the ban will affect many ICO fund raising as much as causing 50% less tokens raised. What do you think?



yes, the restriction effect on china country is more for crypto. bitcoin and allcoin have decreased quite hard.
this is the effect of some state bans as bitcoin users.
but for him today the market is starting to stabilize. and bitcoin slightly increased.
newbie
Activity: 21
Merit: 0
September 16, 2017, 01:52:53 PM
#34
Most big icos are corporate funded, not from Chinese investors unless the project originated in china.
member
Activity: 89
Merit: 10
September 16, 2017, 01:10:19 PM
#33
Only for projects located in the region of China are affected by the impact of this move from the government. Also the remaining projects will not be bound by that
hero member
Activity: 700
Merit: 500
September 16, 2017, 01:08:38 PM
#32
The question is not if the ban has affected ICO fund raising - it definitely has. The real question is how much has the ban affected ICO fundraising?
legendary
Activity: 3122
Merit: 1140
September 16, 2017, 01:02:16 PM
#31
It will certainly have an effect but he world is a large place and although China plays a huge part I think we'll be alright.
China does really have give some effects regarding on this ICO ban but same as you said the world is a big place and China isn't the only one who is engage on cryptocurrency ICO's which we would really be just alright and would able to stand no matter what the things they would do.Its just a single Country thinking off there are still lots of country left would potentially still support.
Pages:
Jump to: