Will China ACTUALLY ban ICO’s? - page 7.

yla1974

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Quote from: Cybercube on August 23, 2018, 05:35:17 AM

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?

China is one of the most important manipulators of the crypto currency market. We have all seen this on many occasions. I would not pay attention to the news background, it's a tool of manipulators. Regardless of news, the number of bitcoins has not changed, and its value remains indisputable.

mugawanti

newbie

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seen for the time that I currently see ico is a Chinese strategy to get and give progress to the country, and this is not a step forward on a blokchain.

bartolo

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Quote from: Red-Apple on August 23, 2018, 05:55:40 AM

i don't think they have actually banned ICOs. i have heard a lot of weird news about China which always makes me skeptical about any news that comes from this country. 99% of it is fake or at least half truths. and if i am correct then that is the reason why Chinese are still investing in ICOs.

ICOs are actually banned but Chinese investors still invest in them through middlemen. They pay a commission for the service and that's it. That's why the prohibition to participate in ICOs doesn't make much sense, whoever wants to invest in them will find the way.

soooulliv77

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I do not think that this will happen, China has a lot of interesting and promising projects. That would be very stupid.

KeijiN

member

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I think that they can revert that ban regulations just the same as India does. Because the only thing that they need is to understand that those processes are unavoidable and sometimes positive.

Cybercube

newbie

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Quote from: fortunecrypto on August 23, 2018, 06:00:52 AM

Quote from: Cybercube on August 23, 2018, 05:35:17 AM

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?

They banned it to protect their people from investing from these fake ICO, but once the industry has some form of regulation or they are assured that their people will not lose money from investing from these ICO's they are going to lift it, they are a strong and major player in the cryptocurrency.

well, they have already found one, a lot of chinese people invest from countries where it is legal

they register their money or get someone who has the right citizenship

anatolykarpov

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Let's say China wants to ban ICOs but how?
It means that they can put some barriers to launch an ICO in China but they can't block other ICOs in other countries.

Thanasis

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Quote from: Cybercube on August 23, 2018, 05:35:17 AM

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 clearly don't know yet China banned people from ICOs or not?

But incase if they have banned their citizen from participating on the ICOs they still can by usig VPN but some of the ICOs asking for KYC at last or in the beginning if they happened they can't be able to part of that project.

Silverhand

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In China, even if the ICO project is officially banned, those who want to raise funds will find other ways. “Prohibition” is unlikely to affect investors and merchants!

damberg

full member

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Quote from: Cybercube on August 23, 2018, 05:35:17 AM

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?

Their regulatory environment is quite ambiguous. I would assume that they will eventually abandon such a strict regulation when they come up with participating in some ICOs (or at least hold a profit from them). Smart Chinese investors always find a way to invest in crypto markets.

zgrdyg

full member

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Governments ban the things that they cant control by themselves. So chinas decision is not surprising. But in the near future chinese people Will find Ä way to overcome that regulations.

Cybercube

newbie

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Quote from: Teraboy on August 23, 2018, 05:40:36 AM

Quote from: Cybercube on August 23, 2018, 05:35:17 AM

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 think the main reason why they banned it - they cannot actually control it or make actual profit from it. But after they figure out how - china will probably legally enter the market.

fortunecrypto

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Quote from: Cybercube on August 23, 2018, 05:35:17 AM

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?

They banned it to protect their people from investing from these fake ICO, but once the industry has some form of regulation or they are assured that their people will not lose money from investing from these ICO's they are going to lift it, they are a strong and major player in the cryptocurrency.

Red-Apple

hero member

Activity: 1470

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i don't think they have actually banned ICOs. i have heard a lot of weird news about China which always makes me skeptical about any news that comes from this country. 99% of it is fake or at least half truths. and if i am correct then that is the reason why Chinese are still investing in ICOs.

i do believe that eventually if the ICO situation continues like this majority of countries including China will ban them for good and put an end to their scam-fest.

Teraboy

hero member

Activity: 2282

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Quote from: Cybercube on August 23, 2018, 05:35:17 AM

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.

AnnaTsymbalist

newbie

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I think, that as soon as they develop legal policies to work with ICO's and crypto they will drop the ban. Despite the way they treat it, China continues to be one of the biggest players on the ICO market.

Cybercube

newbie

Activity: 13

Merit: 0

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?

Topic: Will China ACTUALLY ban ICO’s? - page 7. (Read 1859 times)