Topic: Will other countries take advantage of China's ban on ICOs? (Read 1076 times)
IEO becomes the trend and weapon to make profit in crypto industry. A lot of exvhanges are issuing IEO projects to attract traffic, and all of them guarantee customers to gain profit. I have noticed from, news that BXB Exchange just announced its first IEO project to be listed on BXB turbo with LEVERAGE. It means the profit will possiblly go up to 30x which is crazy amazing. Attached news link FYI. Good time to grab the profit with leverage. https://www.prnewswire.co.uk/news-releases/bxb-announces-first-ieo-project-on-bxb-turbo-859942631.html
I don't think so. China's ban on ICOs has nothing to do with the rest of the world because people are already exploring these options outside the country. Hundreds and thousands of ICOs are introduced every day and people are investing right, left, and center.
Well definitely ICO being banned in China other countries will enjoy the advantage as more investors from outside China would become more interested in it. But lets see how things would turn around seems so other countries will take advantage of it for sure.
Especially Chinese stay in overseas. remember Chinese government basically owns everything of you. many realize this and try to channel out their assets and money out of country through many way, crypto and ICO is one of it.
no idiot in the world uses an ICO to move their money around. that is just too risky and the risk is not just about the price of it getting dumped. that dump is obvious. the bigger risk is the bugs that ICOs can have which can lead to loss of funds. in other words you can lose all you own in a blinking of an eye to a bug!
Well definitely ICO being banned in China other countries will enjoy the advantage as more investors from outside China would become more interested in it. But lets see how things would turn around seems so other countries will take advantage of it for sure.
Especially Chinese stay in overseas. remember Chinese government basically owns everything of you. many realize this and try to channel out their assets and money out of country through many way, crypto and ICO is one of it.
Well definitely ICO being banned in China other countries will enjoy the advantage as more investors from outside China would become more interested in it. But lets see how things would turn around seems so other countries will take advantage of it for sure.
I feel they should, sooner all later all these other countries are going to come back and embrace the concept.
What is needed is a way of moderating and filtering the ico market.
What is needed is a way of moderating and filtering the ico market.
quite the opposite.
since so far in the past years and after thousands of ICOs, we still have not even seen one single proper one that does anything real or meaningful then i can say they all should be banned all around the world.
What you are saying is that there's no need for a common decentralized currency that connects the world. Probably the president of your country and other men in your nation dont have the privilege to wake up everyday and inflate the economy, printing the fiat money at there will, scraping the use of smaller notes/coins, adopting the higher ones. Or banks in your country dont charge you for every move you make on the money you have trusted in there care, taking outrageous time which is simply luxury to complete transactions.
Or you don't think, with proper sensitization, if election is carried out on votem blockchain it won't be successful, free & fair.
ICOs! ICOs!! ICOs!!!
How many of the so called ICOs actually delivered based on their promises? 2017 that was marked ICO seasons recorded such projects/companies running away customers investment without delivering a dime. The token couldn't survive within the Cryproworld space and at the end of it all, such projects are dead now.
The internet is wide thus I'm confident Chinese investors will surely seek a better alternatives for themselves.
How many of the so called ICOs actually delivered based on their promises? 2017 that was marked ICO seasons recorded such projects/companies running away customers investment without delivering a dime. The token couldn't survive within the Cryproworld space and at the end of it all, such projects are dead now.
The internet is wide thus I'm confident Chinese investors will surely seek a better alternatives for themselves.
No they will not. Most other countries are likely to follow the same course of action or at least put some form of regulation on ICOs. Most ICOs are garbage altcoins to begin with so there isn't anything to take advantage of.
This is a decentralized system that's beyond the control of any agency or government. Campaigners and teams need to be more sincere with their self and project.
Proper research should be undertaken by potential participants.
There are mixed opinions about it. People will think that if a country like China has banned Bitcoin, then their own country can ban it too. I don't know the exact reason behind the banning but this could create a chain reaction that could affect countless people of the cryptocurrency world.
It is in my opinion that China is very short sighted in their ban on ICOs. I am only an observer of the whole ICO market as I hold Bitcoin only. But I do believe in ICOs as the future of a democratized way of getting financial support for the unbanked.
Who said that entrepreneurs with good ideas should not be given every opportunity by the community themselves? But of course we should still be careful and be responsible with our own actions. People will lose money from scams.
Do you think a country like Switzerland or Singapore welcome ICOs and become new havens for them?
Who said that entrepreneurs with good ideas should not be given every opportunity by the community themselves? But of course we should still be careful and be responsible with our own actions. People will lose money from scams.
Do you think a country like Switzerland or Singapore welcome ICOs and become new havens for them?
Switzerland and singapore already become heaven for new ICOs. They regulated ICOs and earning taxes. I am believe that country will adopting crypto sooner than other country
I feel they should, sooner all later all these other countries are going to come back and embrace the concept.
What is needed is a way of moderating and filtering the ico market.
What is needed is a way of moderating and filtering the ico market.
quite the opposite.
since so far in the past years and after thousands of ICOs, we still have not even seen one single proper one that does anything real or meaningful then i can say they all should be banned all around the world.
It is in my opinion that China is very short sighted in their ban on ICOs. I am only an observer of the whole ICO market as I hold Bitcoin only. But I do believe in ICOs as the future of a democratized way of getting financial support for the unbanked.
Who said that entrepreneurs with good ideas should not be given every opportunity by the community themselves? But of course we should still be careful and be responsible with our own actions. People will lose money from scams.
Do you think a country like Switzerland or Singapore welcome ICOs and become new havens for them?
Who said that entrepreneurs with good ideas should not be given every opportunity by the community themselves? But of course we should still be careful and be responsible with our own actions. People will lose money from scams.
Do you think a country like Switzerland or Singapore welcome ICOs and become new havens for them?
I feel they should, sooner all later all these other countries are going to come back and embrace the concept.
What is needed is a way of moderating and filtering the ico market.
Several ICOs are coming each month and have made such a competitive market, to the point that yes, many will receive rewards of China's ICO boycott. There is no deny to that. Chinese government haven't done anything incorrectly as well. With such a high rate of tricks in ICOs, they prohibited them for shielding their kin from potential tricks. I figure numerous more nations will before long do likewise or will keep a directing body to check the ICO venture.
From past historical experience we can learn that this prohibition does not prevent bitcoin, I think other countries will not do this, but there will be some changes in the rules of the ICO.
Basing from the other's position maybe other countries will follow their opinion or make some additional rules, good thing might be other countries will open and allow this type of business for their benefits, though there's no limitations but some prohibition can be done in order to make some ruling tofavor such countries in terms of gaining from ico's.
The prohibition of ICO is very short-sighted. I think most countries do not do it. The community is developing and progresses. I think it is necessary to have restricted ICO rules.
From past historical experience we can learn that this prohibition does not prevent bitcoin, I think other countries will not do this, but there will be some changes in the rules of the ICO.
I think that the world conspiracy is present but due to the fact that there is no control, and control it will, then the ban will be temporary
We'll see how it pans out. China is no pushover here.
I think they are taking the advantage of China ban because they are now officially driving their people into the ICO's and this helps prevent effects like China dump and manipulation etc. This manipulation is getting done by china every time until when they were in the crypto currencies without ban and we know that very well. I guess this has changed drastically now as most of the people from china are not into it and thus they are not able to manipulate it. 
So its somehow good thing also.
So its somehow good thing also.
I believe that in the near future, China will change its view of ICO to
not to stay away, it seems to me that no state wants.
not to stay away, it seems to me that no state wants.
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