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Topic: Will China ACTUALLY ban ICO’s? - page 5. (Read 1874 times)

jr. member
Activity: 336
Merit: 2
August 24, 2018, 06:47:38 PM
#56
I think even if china ban ICO's in their country, people will still find means to invest in an ICO, since last year china has been going so hard on crypto currency and yet their people still rank top in the use and trading of crypto currency, so they will still find way around it
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
August 24, 2018, 06:39:34 PM
#55
Yes, I think that the ban will not last a long time. China's population enthusiasm for the crypto world is huge, so, I think that the Chinese government will make a good decision to realize the public demand.
hero member
Activity: 896
Merit: 500
August 24, 2018, 06:35:38 PM
#54
Not long ago, the Central Bank of China also issued a ban on ICO virtual currency operations. This move has made the global virtual currency market decline without braking. Investing in electronic money has become more difficult than before. Vietnam is also seriously affected.
jr. member
Activity: 196
Merit: 2
August 24, 2018, 06:16:56 PM
#53
China has put a ban on crypto for 1,2,3,4,5,100,300,1000 times already and the market is still thriving. They could ban crypto trading, but can they ban the blockchain technology that they too have to embrace at some point? NO!
full member
Activity: 368
Merit: 100
August 24, 2018, 11:23:10 AM
#52
They might, why not. This way of crowdfunding don't fit their political and economic views. They can ban ICO but can't but bitcoin, haha
sr. member
Activity: 644
Merit: 250
August 24, 2018, 08:52:39 AM
#51
Hello everybody!

Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?

I think China will not lift the ban because ICO scam are very rampant in ICO sale. Majority of ICO are scam while many of them failed to deliver their promise on their project. For them it is very alarming and they should protect their people from scam.
jr. member
Activity: 154
Merit: 1
August 24, 2018, 08:08:24 AM
#50
Hello everybody!

Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?


The ICO ban is not a statement on either blockchain or innovation. Given the authorities' recognition that they need to continue to modernize the financial system, and the desire to become an increasingly important player in global markets, it is unlikely that the ban will last for long.
newbie
Activity: 32
Merit: 0
August 24, 2018, 08:00:13 AM
#49
China is a very smart and calm businessman. The Chinese government does not allow riots and riots in its own country. Necessarily there will be tools for regulating the crypto industry. And when the Chinese communist government takes full control of the crypto, then everyone will be allowed to ICO and others.
newbie
Activity: 13
Merit: 0
August 24, 2018, 03:44:37 AM
#48
In fact, the Chinese government has long banned it. Since the end of last year, the Chinese government has banned all Ico projects in China, but many investors continue to invest in the ico project through third parties.

as far as I know, only major investors continue to invest, but minor wouldn't even consider any kind of investment. That's why we see a rapid decrease in the amount of investment. Before that, projects could reach their soft or even hardcap vie crowdsale, without any funds or pools, but now it's impossible for 99% of the projects.
jr. member
Activity: 252
Merit: 1
August 24, 2018, 03:29:40 AM
#47
I think all countries have their own policies about cryptocurrency, especially ICO. there are some ico who are scams in it and it makes a lot of people afraid and also gets a big loss. that way there will be more and more people who are afraid to follow an ico. I think it all depends on how we can choose the ico well.
jr. member
Activity: 350
Merit: 4
August 24, 2018, 12:18:44 AM
#46
The ban will be dropped, if not very soon I'm sure in the not too far future
hero member
Activity: 882
Merit: 500
August 24, 2018, 12:16:29 AM
#45
Hello everybody!

Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?

This particular topic has been discussed several times on the Discussion board in this forum. Someone once said something about the ban being lifted very soon,  but he didn’t mention when it’s going to be actually, and he also said that they are going to set new rules and regulations that governs cryptocurrency.

We are not yet sure about all that, so let’s keep cool and see what happens if they are going to lift their ban or not, but whether they do that or not,  people will still find a way to invest in it.
jr. member
Activity: 220
Merit: 2
August 23, 2018, 10:21:52 PM
#44
The Chinese government is going ot ban anything that they get caught off guard by.  Then once they have the situation in their grasps they will legalize it.  The Chinese government is about as sleazy as the USA government. 
full member
Activity: 812
Merit: 120
https://combonetwork.io/
August 23, 2018, 09:47:37 PM
#43
the ban will only manipulate prices on bitcoin.
I think we already know that China is often forbidding crypto users for its inhabitants, but that is partly just fake news.
newbie
Activity: 107
Merit: 0
August 23, 2018, 09:46:09 PM
#42
China prohibits ICO, Bitcoin exploitation and exchange is still legal. They can not manage all that. The Chinese market is too large and fertile
full member
Activity: 658
Merit: 100
August 23, 2018, 09:41:45 PM
#41
all possibilities can occur, including ICO bans. it is not impossible that the Chinese state will ban bitcoin if something happens in that country. but until now the possibility was very small. China is one of the biggest countries for the distribution of bitcoin, therefore it is very unlikely
sr. member
Activity: 660
Merit: 250
August 23, 2018, 08:48:46 PM
#40
One reason why they ban it on social media" coz they manipulate the price of bitcoin. But as you can see there's a lot of ICO that creating everyday. They will provide securities and policies before they release it. However investors should unsderstand the terms of agreement of government policy.
newbie
Activity: 120
Merit: 0
August 23, 2018, 08:40:31 PM
#39
Hello everybody!

Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?

There was a lot of possibility and it can be changed anytime. I don't wanna say a lot about that but the only important thing for you and you must see what has already happened with korea. Whether hos they will be trying to ban ico but korea has been thiking to legalized the ico on its country.

I wouldn't dare to say completely banning ICO. Because I believe there are some people within the government of China who is looking at the benefits that blockchain technology or ICO can give China. So if ever they would ban it, I believe it would be temporary.
hero member
Activity: 1316
Merit: 503
August 23, 2018, 08:38:52 PM
#38
Hello everybody!

Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?

I don't think that will happen because as long as the ICO is not in their country, it is not a matter of the Chinese government.
jr. member
Activity: 106
Merit: 1
August 23, 2018, 08:35:00 PM
#37
China is no different than the SEC and ETF's.  Once they know how to control them the bans will be lifted and the sheeple will be ushered in.  Basically the government is cheating right now so they can get in.
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