Topic: Yet another ICO ban, this time probably from Japan :( - page 4. (Read 1826 times)
all of this fuss over China and Japan banning then not banning then banning again... all its doing is driving the price up and down for the short term.. fomo is real and if a guy in Japan or China want to still invest in crypto then they will. There is no stopping peoples will to do something.
I do not think that this news may somehow materialize with the situation with the ethereum
the ico ban can be temporary in the order to protect interest of their citizens!
and after ban come regulation. i dont think japan can abandon cryptoworld!
and after ban come regulation. i dont think japan can abandon cryptoworld!
Finding a way to protect investor of the ICOs I think it's a good way. There are plenty of scam coins that are just screwing people around and steal their money. These bans for sure will be temporary until they find a way to protect the "customers".
maybe they think ICO is like HYIP
can scam anytime and run out with money from investor
they dont know if ICO can use escrow
but I dont know if this just big whales strategy to make Bitcoin decrease and buy back at cheap rate?
can scam anytime and run out with money from investor
they dont know if ICO can use escrow
but I dont know if this just big whales strategy to make Bitcoin decrease and buy back at cheap rate?
There needs to be regulation for ICOs or number of frauds will start to rise massively and it would be bad for crypto in general.
ICO ban in japan ? does not matter
they have ADA coin for that
they have ADA coin for that
And take a look at Nukonium also, it's an Ethereum fork and they're Japan based. It isn't in exchanges yet I think but they did a giveaway 2-3 months ago
An ICO Ban In Japan Is Still A 'Definite Possibility says the news. Here is the link:
https://www.forbes.com/sites/elaineramirez/2017/10/15/japan-ico-ban-indiesquare-higashi/#698d1d38213e
I don't want to cause FUD but I don't know.
Any views on this and on ETH price?
https://www.forbes.com/sites/elaineramirez/2017/10/15/japan-ico-ban-indiesquare-higashi/#698d1d38213e
I don't want to cause FUD but I don't know.
Any views on this and on ETH price?
GOOD
ICO ban in japan ? does not matter
they have ADA coin for that
they have ADA coin for that
Governments have no control over crypto. Anyone can still participate in an ICO all they need to do is rent a VPN for a day and join. There will always be countries where icos are legal and if not then we'll just use an anonymous platform for our icos in the future.
The article represents some analysis and some special opinions, I did not see any information that ensures Japanese government will ban ICOs, so it does not make sense.
link is bad of information for ico
If this happened, other countries that are into ICO don't have any choice but to accept that this kind of decision happens. But still, many other countries do still believe that ICOs will rise up this year and maybe for the next few years.
Oh this is very bad for altcoins again. But I still feel safe about bitcoin. Looks like we need to put more into bitcoin instead of tokens from alternative projects. I don't know how they are gonna avoid it in future.
In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?
ICOs are easier targets. With Bitcoin government has no specific target it can aim at. There's no legal entity that can be brought before a court and good luck suing network protocols. However, most ICOs are run by legitimate companies, that is legal entities registered and regulated in some legal jurisdictions. Such companies can be brought before a court very easily.
Government doesn't care if you get scammed.
Do you really think if bitcoin was worth 1 cent per coin that the government would be trying to stop bitcoin scams?
They want to supervise that money flow, nothing more, nothing less.
Do you really think if bitcoin was worth 1 cent per coin that the government would be trying to stop bitcoin scams?
They want to supervise that money flow, nothing more, nothing less.
Also this.
The problems with ICOs is that government are not seeing how they can protect the investors if the ICO is a scam. This is a huge problem. How do you guarantee that your money is moving the company? But ICOs bans are not a problem for the existing tokens, bitcoin will not suffer from it. The only problem that will emerge is few new tokens on the market.
Government doesn't care if you get scammed.
Do you really think if bitcoin was worth 1 cent per coin that the government would be trying to stop bitcoin scams?
They want to supervise that money flow, nothing more, nothing less.
In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?
ico's aren't bitcoin, what's not to understand? if this were to go through, they'd ban a shady at best crowdfunding method for companies (or scammers) to start up a project. bitcoin itself is still seen in a good light in japan, its not as if banning ico's would directly result in the termination of bitcoin's growth is japan, can't say the same if bitcoin itself (and other cryptocurrencies) were to be banned however. don't see that happening anytime soon though, it's too well received in japan at this point for a reversal without a drastic change in the cryptocurrency world. In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?
The reason for the ban might be to protect the consumers from a unregulated environment. A lot of these ICO's are simply a
scam and people are losing a lot of money. I should say their response to these ICO's should rather be to regulate it and to
hunt down these scammers. {prosecute them to the fullest extent of their local laws} This will send a strong message to these
scammers.
In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?
The reason for the ban might be to protect the consumers from a unregulated environment. A lot of these ICO's are simply a
scam and people are losing a lot of money. I should say their response to these ICO's should rather be to regulate it and to
hunt down these scammers. {prosecute them to the fullest extent of their local laws} This will send a strong message to these
scammers.
In Japan, bitcoin is used as a coin. Bitcoin is paid in stores, at gas stations and almost everywhere. What is the use of prohibiting ICO?
They'll most likely put some stricter regulation in place, not flat out ban them, considering the approach they used for bitcoin.
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