Topic: Should We Be Panic Of ICO Ban? - page 8. (Read 5166 times)
People shouldn't panic because of what's going on, the ban most probably isn't here to stay. What should worry us is the fact that China has such a big say in crypto and its value, which is something many of us are aware of already, starting with Bitmain and their monopoly on Bitcoin mining equipment and so on.
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?
Nothing to panic about really, it's usually the rumours that get the market going downstream and this is the effect of unreliable sources. Altcoins going through the ICO stage are only the people losing our here as they will be missing out Chinese investors. The price of Bitcoin will stabilise over time while following coins like Ethereum and Litecoin will take more time to recover from this blow.
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?
Nothing to panic about really, it's usually the rumours that get the market going downstream and this is the effect of unreliable sources. Altcoins going through the ICO stage are only the people losing our here as they will be missing out Chinese investors. The price of Bitcoin will stabilise over time while following coins like Ethereum and Litecoin will take more time to recover from this blow.
America banned ICO's but Americans still use Vpn's to register for ICO's I'm not sure on China's closed internet system if this method would work?
On the flip side... more regulation means these coins are getting recognised as a real currency...
The internet shouldn't be closed, because all of the goverment already used it as the primary system, Internet will never be shutdown. And i think there are some projects already try to collect the id of the participant to avoid the americans to participate in ico. On the flip side... more regulation means these coins are getting recognised as a real currency...
I think we do not have to panic, but if you have altcoin which is now its fall coin, it is worth to panic, but I am sure this is only temporary and we should be patient
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?
Well i think the move of china is really fast and not really thinking of it. Though we all know that there a lot of scam coins and other coins that is not good there are more lot of coins that is really promising that you should invesst more or support more. China ban directly those without lot of investegations i think those following countries will study first if they will ban it or not
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 hope they just control it to avoid many Scam ICO
ICOs ban from China,Russia and Korea has affect alts and bitcoins both but they have recovered faster then anyone would think.I don't think so that there is any need for panicking as all will be normal in few weeks.The only thing we should care is about fake or scam ICOs which there are many.Now alts and Bitcoin will rise like usual.
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?
This is done! Finished with this business already. The effect was immediate and kinda significant. But that was that and it was now a part of history. Right now, we are recovering rather fast. And before we know it, we are already breaking some new all time high. Cheers for all the alts and Bitcoin! Higher!
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?
This is done! Finished with this business already. The effect was immediate and kinda significant. But that was that and it was now a part of history. Right now, we are recovering rather fast. And before we know it, we are already breaking some new all time high. Cheers for all the alts and Bitcoin! Higher!
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?
This is done! Finished with this business already. The effect was immediate and kinda significant. But that was that and it was now a part of history. Right now, we are recovering rather fast. And before we know it, we are already breaking some new all time high. Cheers for all the alts and Bitcoin! Higher!
Why do we need to be panic? Without ICO, there will be more chance for original cryptocurrency to grow and mineable coins have more space to develop. There are many mineable coins which are undervalued such as litecoin or Ethereum classic. And even though it is not mineable coin, byteball needs to be treated better because it uses a different algorithm
Yes, I agree ICOs don't represent cryptocurrencies. ICOs is just a way to raise fund. Most coins don't have their own blockchain. There are ICOs based on ETH platform and the coin is premined. I think the tokens will be worthless after that. That's is why some countries regulate ICOs from being abused as the scam and fake investment programs. There will be better ICO and more trusted ICO after the ban I hope. Why do we need to be panic? Without ICO, there will be more chance for original cryptocurrency to grow and mineable coins have more space to develop. There are many mineable coins which are undervalued such as litecoin or Ethereum classic. And even though it is not mineable coin, byteball needs to be treated better because it uses a different algorithm
Ethereum Classic is an altcoin fork from old blockchain hacked of Ethereum, the price of Ethereum Classic cannot grow in future if you do not want hacker money laundering from it 
. Litecoin also a clone from Bitcoin, for me this coin not better than Monero or Dash or Ethereum if you want compare to old altcoin.
America banned ICO's but Americans still use Vpn's to register for ICO's I'm not sure on China's closed internet system if this method would work?
On the flip side... more regulation means these coins are getting recognised as a real currency...
On the flip side... more regulation means these coins are getting recognised as a real currency...
I would no say panic but we definitely need to investigate what is going on on the crypto world. This unregulated is something that governements are afraid of.
Crypto's by making transactions and P2P exchange possibly anonymous are a powerful path of emancipation for people.
But at the same time governments understand the potential of crypto and therefore ICO's in terms of innovation and economic development.
So long term panuc OK but I think that in a long term perspective everything will still be able. ICO's and crypto will go mainstream-regulated
Crypto's by making transactions and P2P exchange possibly anonymous are a powerful path of emancipation for people.
But at the same time governments understand the potential of crypto and therefore ICO's in terms of innovation and economic development.
So long term panuc OK but I think that in a long term perspective everything will still be able. ICO's and crypto will go mainstream-regulated
Why do we need to be panic? Without ICO, there will be more chance for original cryptocurrency to grow and mineable coins have more space to develop. There are many mineable coins which are undervalued such as litecoin or Ethereum classic. And even though it is not mineable coin, byteball needs to be treated better because it uses a different algorithm
We should understand the reasons of China last decision and why other countries follow the inspected wave.
-It's clearly shown that ICOs are totally out of controle and those projects has no legal status.
-The lack of security laws for the rights of investors especially with fake projects.
-Many ICOs are just scams.
-China wants to establish it's own cryptocurrency and want no concurreces.
and a lot of other reasonnable reasons that may occur such decisions.
May be also China and other countries are attending to make a pause time to regulate things toward new developpement and new technology.
I just want to share my view point. Want to read more perspectives from community.
Sorry for the bad English.
-It's clearly shown that ICOs are totally out of controle and those projects has no legal status.
-The lack of security laws for the rights of investors especially with fake projects.
-Many ICOs are just scams.
-China wants to establish it's own cryptocurrency and want no concurreces.
and a lot of other reasonnable reasons that may occur such decisions.
May be also China and other countries are attending to make a pause time to regulate things toward new developpement and new technology.
I just want to share my view point. Want to read more perspectives from community.
Sorry for the bad English.
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?
There was a price correction after the news but now it's going to normal again. ICOs won't stop even though China and any other countries banned it. But such projects for sure will lose potential investors from those countries especially from China. As I know, China gave a good contribution regarding ICOs before they banned it.
At first i saw the prices of both bitcoin and altcoins drop massively just after the News ICO ban appeared, i'm actually a bit panicked cause bitcoin were having a good growth before. But, as you can see now , either bitcoin and altcoins prices now going to return back from it's own position before the News. Thus, i hope everything is fine now if there will be no more bad news / FUD coming.
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, you shouldn't. Remember 1 Aug, just pass and go like the wind. When news comes, most people will create their argue and that's makes " panic " situation. Before start trading, we must know someday we will face situation like this. Don't panic and follow your strategy. ICO will still run with or without China. there's' future with ICO and don't miss that. Have a nice day.
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