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Topic: Should We Be Panic Of ICO Ban? - page 11. (Read 5166 times)

full member
Activity: 560
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September 05, 2017, 10:20:33 AM
#36

yes this scared many people.
in fact it is not very meaningful for bitcoin and alcoin. this is the usual slope problem.
and I think china forbids ico for one reason, maybe a problem with tax. yes sure in the future there will be no problem.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
September 05, 2017, 09:52:46 AM
#35
It may prevent a lot of money to enter the ecosystem in the short term, but in long term it's irrelevant, even if major countries put serious restrictions on the ICO frenzy, and probably they should, the crypto economy will continue to grow bigger and stronger.
that's right they are just protecting both theirs and the people that will invest to any ico I think they are feeling some feelings about threatening their economy
so they needed to interfere to such business like this, I'm also thinking the same long project and those good ones will still exist and ecosystem inside crypto
will continue and survive.
full member
Activity: 263
Merit: 100
September 05, 2017, 09:48:27 AM
#34
It may prevent a lot of money to enter the ecosystem in the short term, but in long term it's irrelevant, even if major countries put serious restrictions on the ICO frenzy, and probably they should, the crypto economy will continue to grow bigger and stronger.
sr. member
Activity: 308
Merit: 250
September 05, 2017, 09:43:12 AM
#33
The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?

If you think that the coin you are holding has a strong community and a dedicated developer then you don't have to panic at all. And yes there are some issues about the ICO in different country but I think they are not the only country that contributes with ICO though they dominate lets all observe what will happen next.
member
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Merit: 10
September 05, 2017, 09:35:56 AM
#32
we should be panic of panic people will sell all coin when have any bad news
full member
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Bounty Detective
September 05, 2017, 08:23:20 AM
#31
The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?
I think we should not panic about the ICO ban , we must remain calm and analyze the situation about how and why it is happening. Also we must accept the reality even if its get banned or stopped because of the all the things happening that may affect the ICO's. If the panic comes first maybe there will be a lot of struggle and complaints in the cryptocurrency world especially in the projects that been created in the ICOs.
sr. member
Activity: 774
Merit: 250
September 05, 2017, 08:12:59 AM
#30
The key thing is that China bans ICOs, but in their statement were words that they could provide permission to ICOs, which they will find not fraudulent. In some months everything will become OK.

I do hope this is going to be settled rather quickly. The effect is significant already. I hope china will sooner finalize this thing with a final regulation or policy as to whether all ICOs in the future are going to be banned or this is just a way to clean the country of scams.
I think this will be resolved and China will do something that people will get benefits about. Yes, I believe this will be the key to lessen the ICO that has been circulating in cryptocurrency world. However, this is not the reasons to be panic about.
full member
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Chosŏn Minjujuŭi Inmin Konghwaguk
September 05, 2017, 08:04:44 AM
#29
Panic? I'm celebrating! Beers are on me guys! ICOs are nothing but pennystock scams.
full member
Activity: 234
Merit: 102
September 05, 2017, 08:03:55 AM
#28
This ban may not be permanent. So it's better not to panic and be patience.
I hope so, the ban isnot permanent. When three countries together ban ICOs I think it is not coincidence. WHo is the target of the country behind this policy?
according to the subject you threw, so hopefully this prohibition is not permanent, and other times this ban will be lost, or speech from china, korea and russia this will be pulled, because I do not understand why there is this ban? and do not know why they are doing this ban.

You don't know why there's a ban? Every country has regulations on how a company is allowed to raise money. They're all common in the sense that they don't allow high risk non accredited investors and they require knowing where the money came from. Which is why they usually get private investors. ICO's go around all of these regulations. They also aid in money laundering.

They're great for regular people that would normally never be able to invest small amounts into a company.
sr. member
Activity: 574
Merit: 250
September 05, 2017, 07:58:53 AM
#27
This ban may not be permanent. So it's better not to panic and be patience.
I hope so, the ban isnot permanent. When three countries together ban ICOs I think it is not coincidence. WHo is the target of the country behind this policy?
according to the subject you threw, so hopefully this prohibition is not permanent, and other times this ban will be lost, or speech from china, korea and russia this will be pulled, because I do not understand why there is this ban? and do not know why they are doing this ban.
sr. member
Activity: 826
Merit: 440
September 05, 2017, 07:54:45 AM
#26
The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?
Don't panic : Bitcoin price is still very high and Bitcoin price made a x3,5 since january first...

The ICO is not the cryptocurrency market : it is just a part of it, and a little part.
For example, the marketcap grow since years is in majority due to Bitcoin and there is no ICO about Bitcoin.
ICO is just a speculative and dangerous market, a little one in the crypto-world.
sr. member
Activity: 594
Merit: 253
September 05, 2017, 07:50:01 AM
#25
The key thing is that China bans ICOs, but in their statement were words that they could provide permission to ICOs, which they will find not fraudulent. In some months everything will become OK.

I do hope this is going to be settled rather quickly. The effect is significant already. I hope china will sooner finalize this thing with a final regulation or policy as to whether all ICOs in the future are going to be banned or this is just a way to clean the country of scams.
legendary
Activity: 2184
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Vave.com - Crypto Casino
September 05, 2017, 07:26:16 AM
#24
The key thing is that China bans ICOs, but in their statement were words that they could provide permission to ICOs, which they will find not fraudulent. In some months everything will become OK.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
September 05, 2017, 07:15:07 AM
#23
Never a fucking good notice....now the Ico ban in China and value of coins crashing, i hope it's only temporaly

I am new at this, may i know what ico is? And what it brings to crypto world??please enlighten me.
full member
Activity: 700
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APESWAP
September 05, 2017, 07:11:45 AM
#22
The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?
No. There should be no panic. This is solely because it's not a worldwide Ban. Yes the market will be affected for a while after which everything will return to normal. ICOs won't stop cos of China ban rather the pace at which funds will be raised will be affected and they will be less investors than could've been if there was no ban. The future of ICOs will take a new turn and maybe less scam ICOs will evolve.
full member
Activity: 747
Merit: 102
September 05, 2017, 06:54:54 AM
#21
There should not be any panic just less scam ICO's, I think this is not bad idea there was to much hype already.
less scamcoin will born. I don't care if china or whatever country bans ICO, bitcoin still has its value. beside that is only China, not the entire world. some people think ICO bans like China will destroy the entire cryptocurrency world forever.
Too much hype, too much hype.
full member
Activity: 364
Merit: 102
September 05, 2017, 06:13:30 AM
#20
Why should we panic? Just knwo that there will be less money flowing in ICO as compared to before. And all the shaddy ICO will vanish. In my opinion its a good thing!
hero member
Activity: 2282
Merit: 505
September 05, 2017, 06:11:29 AM
#19
China is just one country though it has brought a lot of investors to the table it does not affect the whole crypto community. I think we should not be in panic and wait for what's coming next. Anyways not all ICO's are scam although there are some.
even after that some of countries trying to tighten the rules for all these ico to avoid scammy icos. it's all better with the regulation and let the crypto world evolve to another level. if people have seen how bitcoin back then struggling to some banning news and now bitcoin has reached new ATH and far surpasses the price of BTC long ago. what could go wrong with these ICOS?
sr. member
Activity: 616
Merit: 256
September 05, 2017, 05:25:24 AM
#18
ICOs should be ban if they are not following the standard rules and policies for investment securities, taxes, and other legal documents to pursue their products and services. Initiating an ICOs is like initiating a stock market for public offering, if it is regulated then ICOs would be legal and the only trouble is on the side of scammers and fraudulent businessmen and entrepreneur who are evading taxes and legalities other than if it is legalised then we shouldn't be worried about our investment 'coz as an investor we are also protected as per government policy.
sr. member
Activity: 700
Merit: 250
September 05, 2017, 05:24:00 AM
#17
China is just one country though it has brought a lot of investors to the table it does not affect the whole crypto community. I think we should not be in panic and wait for what's coming next. Anyways not all ICO's are scam although there are some.
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