Topic: What if USA and China made bitcoin legal tomorrow? - page 3. (Read 391 times)
If you would have talked about Bitcoin then the price would surely have skyrocketed within a week and would have probably crossed $17k byt since you are talking about ICOs I would say that the market cap would surely have increased with some of the cryptocurrencies like BTC and ETH gaining price since these are ones mostly used to purchase ICO tokens. So yeah, it would surely have created an impact on the crypto market in a positive way.
What if you woke up tomorrow to realize USA and China decided to make bitcoin legal, what would have been your emotions, and what price would bitcoin attain within the next 1 week?
EDITED
Apologies, i was rather referring to ICOs but not bitcoin. Apologies once more.
I think the price of them will go up immediately and it will be very high which may not have been before. EDITED
Apologies, i was rather referring to ICOs but not bitcoin. Apologies once more.
China's policy capital controls on ico have closed some small exchanges. Some exchanges are facing rectification!
And China is a total ban on ico project, they think the ico is a kind of illegal public financing without approval, the alleged illegal sell promissory notes, illegal securities issuance and illegal financing, financial fraud, pyramid schemes, such as illegal and criminal activities.
And China is a total ban on ico project, they think the ico is a kind of illegal public financing without approval, the alleged illegal sell promissory notes, illegal securities issuance and illegal financing, financial fraud, pyramid schemes, such as illegal and criminal activities.
What if you woke up tomorrow to realize USA and China decided to make bitcoin legal, what would have been your emotions, and what price would bitcoin attain within the next 1 week?
EDITED
Apologies, i was rather referring to ICOs but not bitcoin. Apologies once more.
EDITED
Apologies, i was rather referring to ICOs but not bitcoin. Apologies once more.
i'm sure that would be the big-bang for bitcoin and the prize will explode and reach new ath. with this move i see a great future for bitcoin. it is a nice dream. maybe we'll see it soon.
I would be really sad. USA can't move that fast though and China would be taking a huge risk in many ways.
Banning bitcoin won't stop it though, it will damage the price for a while though, so let's hope they do not. Maybe next week
Banning bitcoin won't stop it though, it will damage the price for a while though, so let's hope they do not. Maybe next week
What if you woke up tomorrow to realize USA and China decided to make bitcoin legal, what would have been your emotions, and what price would bitcoin attain within the next 1 week?
EDITED
Apologies, i was rather referring to ICOs but not bitcoin. Apologies once more.
That would definitely be a big breakthrough in the ICO industry.Lots of companies related to ICO would once again shift their attention towards these two countries.EDITED
Apologies, i was rather referring to ICOs but not bitcoin. Apologies once more.
As we know that mostly bitcoins are preferred to raise the required funds via ICO,there would be a huge increase in demand for bitcoins which would increase its price.
I made a mistake initially, which i corrected later, but i have seen that my mistake will serve as a basis for some of us to learn a lot over here but not me alone. @gotminer,@mast3rm1nd etc. Thanks for the education.
Not a problem. Check out some of the beginner crypto podcasts. There are a ton of them out there and they helped me out a lot when I was trying to wrap my mind around a lot of the terminology that I didn't understand. Crypto 101 is a pretty good one.
I made a mistake initially, which i corrected later, but i have seen that my mistake will serve as a basis for some of us to learn a lot over here but not me alone. @gotminer,@mast3rm1nd etc. Thanks for the education.
then you would have start ups with crazy ideas coming up on every corner. 90% of the time it will be a scam of some sort.
Exactly. That's why treating ICO's as registered securities is a good idea. In general, it's going to make a person think twice about starting an ICO will the sole purpose of stealing investor funds.
In the United States, the Securities and Exchange Commission is starting to come down hard on these thieving bastards.
Am glad you corrected yourself to mean ICOs. Well, that will have caused a massive shot up in the population of the crypto community. Most fake projects would have risen to add to the small already existing ones. The price of bitcoin would have increased significantly, no doubt.
it would be great for the whole community as there for sure would be so many newcomers and the demand would rise so much resulting in the rise of their value.
I think you know about as little as the OP does, if you're in the camp that believes the USA or China has outlawed BTC. Why is there so much mis-information out there. You both are extremely confused.
it would be great for the whole community as there for sure would be so many newcomers and the demand would rise so much resulting in the rise of their value.
then you would have start ups with crazy ideas coming up on every corner. 90% of the time it will be a scam of some sort.
We cannot say they will make it legal or illegal. They can do regulations. If we have good news of course, price of bitcoin will rise significantly. At least some countries will create their own cryptocurrencies. But these coins should obey to Bitcoin as well 
Well in the United States, our regulators are not looking to ban Bitcoin or any other crypto currency for that mater. However, they do wish to regulate it in order to weed out all of the scammers and punish those for stealing from others.
This is a good thing.
What if you woke up tomorrow to realize USA and China decided to make bitcoin legal, what would have been your emotions, and what price would bitcoin attain within the next 1 week?
It isn't illegal in the USA or China, so I'm not sure what you're smoking over there.
You should get back to your studies young lad. You have a lot of learning to do and a wealth of information at your fingertips.
Sorry, but BTC (Bitcoin) is a currency. An ICO (Initial Coin Offering) is a way of raising investor money for a new project, coin, currency, ect.
We cannot say they will make it legal or illegal. They can do regulations. If we have good news of course, price of bitcoin will rise significantly. At least some countries will create their own cryptocurrencies. But these coins should obey to Bitcoin as well
What if you woke up tomorrow to realize USA and China decided to make bitcoin legal, what would have been your emotions, and what price would bitcoin attain within the next 1 week?
It isn't illegal in the USA or China, so I'm not sure what you're smoking over there.
What are you guys even talking about? BTC is not illegal in China. And it sure as hell is not illegal in the USA.
Well, i would quit my job full time and do bitcoin with all my body, mind and soul. lol. But on a more serious note, it would have been a massive message for the crypto community. We would probably see the price shot to 30k within the next one week. Thats my prediction.
What if you woke up tomorrow to realize USA and China decided to make bitcoin legal, what would have been your emotions, and what price would bitcoin attain within the next 1 week?
It isn't illegal in the USA or China, so I'm not sure what you're smoking over there.
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