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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Herbert2020 on September 05, 2017, 06:14:37 AM



Title: what will happen to ETH now that ICO is dead?
Post by: Herbert2020 on September 05, 2017, 06:14:37 AM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?


Title: Re: what will happen to ETH now that ICO is dead?
Post by: alva5763 on September 05, 2017, 06:32:47 AM
It is too early to mention just Eth. In last 2 days all coins,including btc, have been hit hard. Let's wait and see if Eth recovers at the same rate as the others.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: civilufo on September 05, 2017, 06:37:09 AM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?

I think ethereum price will drop me unit gangly because token system is the main selling point for ethereum. And there is less dev to create eth token without ICO. I can't predict how low it will go, but at least not as popular as todays.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: puvanb on September 05, 2017, 06:45:56 AM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?

Ethereum have seen its worst days and it will survive this. It has always been. This is not the first time PBOC is messing around with Crypto Currencies. Best is how they actually take them seriously compared to any other country. Imho Ethereum will bounce back strong. Probably they have lost one key feature with ICO, but the token system is not only about selling ICOs. We may see something else coming out of this mess. And hopefully something good.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Legendari on September 05, 2017, 06:46:54 AM
China is not the whole world. I think this will hit ETH but not kill him. Also the Chinese are gamblers on the market, they can circumvent these prohibitions.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: yugyug on September 05, 2017, 06:49:27 AM
ICOs are not dead but are regulated to filtered out scam-proned activity where most scammers abused the ICO trends. Once it is regulated more investor are feel secure about their money though it may have government intervention but future ICOs are more recognised and legitimate to the public thus enhancing the investment confidence to the masses.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Herbert2020 on September 05, 2017, 06:52:31 AM
China is not the whole world. I think this will hit ETH but not kill him. Also the Chinese are gamblers on the market, they can circumvent these prohibitions.

i kind of agree with you. i have said many times that China is just one part of the market, even though that part is a huge part of it. but also when a government in the world does something like what China did with ICO and calls it illegal then the fear will hit the market pretty hard.
and remember that ICO is not exactly the most legal thing in other countries either. they don't agree with it nor call it legal. for example i know SEC disapproves of ICO.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: ahrimanbro on September 05, 2017, 06:54:49 AM
crypto aint dead. back to how its supposed to be. projects started from grassroots, airdrops, pow.

look at DEEPonion.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Hyperme.sh on September 05, 2017, 06:59:28 AM
ICOs are not dead but are regulated to filtered out scam-proned activity where most scammers abused the ICO trends. Once it is regulated more investor are feel secure about?

Incorrect.

Existing ICO-issued tokens will become illegal, because investment securities are illegal to exchange if not on a registered exchange. And illegally issued investment securities are never legal to trade.

Thus ICO-issued tokens can not be spent decentralized. They are useless because can’t function as a cryptocurrency. At least not legally.

look at DEEPonion.

DeepOnion is a scam which is also an obfuscated ICO-issued equivalent so thus is an illegal investment security. Also Tor is a honeypot.

More details (https://steemit.com/cryptocurrency/@anonymint/re-ovegatron-re-anonymint-are-most-cryptocurrencies-doomed-to-collapse-because-they-re-ico-issued-20170903t231345031z).


Title: Re: what will happen to ETH now that ICO is dead?
Post by: abayan on September 05, 2017, 07:10:53 AM
Ethereum will going to continue, its not the ico its the use of eth and not only the chinese were able to use it.
This news is not new to me maybe its a kind of FUD news again. Every year there is a news that bitcoins is banned in china repeatedly.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Dyn@styN3rd on September 05, 2017, 07:11:24 AM
I think it won't be dead for long. I am positive that someone will set their ICO's up in other countries just like other past ICO's.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: xXLimbXx on September 05, 2017, 07:28:43 AM
Nothing will happen to ETH, just hold on tight and enjoy riding the waves  :).


Title: Re: what will happen to ETH now that ICO is dead?
Post by: nelmari on September 05, 2017, 07:32:52 AM
Since China was the only country to think ICO's are illegal, well it does affect the market at some point but there are still other countries that support the ICO. And with Ethereum I think it will still go down further more but hopefully it'll recover before the year ends. A lot of ICO's are linked to the Ethereum blockchain, I just hope they won't withdraw all their efforts and money from that too.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: eagle10 on September 05, 2017, 07:36:56 AM
Ethereum will going to continue, its not the ico its the use of eth and not only the chinese were able to use it.
This news is not new to me maybe its a kind of FUD news again. Every year there is a news that bitcoins is banned in china repeatedly.
Well said. ICO banned is in China only. They are not the only country who is in the ICO. So don't panic because ICO will be here as long as there are communities and supporter.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: xandriel on September 05, 2017, 07:38:47 AM
Ethereum will going to continue, its not the ico its the use of eth and not only the chinese were able to use it.
This news is not new to me maybe its a kind of FUD news again. Every year there is a news that bitcoins is banned in china repeatedly.
Well said. ICO banned is in China only. They are not the only country who is in the ICO. So don't panic because ICO will be here as long as there are communities and supporter.
People have many way to invest ICO. so just dont worry. Maybe China just ban ICO in short term. They need to control it


Title: Re: what will happen to ETH now that ICO is dead?
Post by: unarcher on September 05, 2017, 07:45:48 AM
China is just one country.
The entire world did not ban ICO ;)


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Strongkored on September 05, 2017, 07:47:36 AM
It is too early to predict what will happen to Ethereum after China said that ICO is illegal, for now after Bitcoin Ethereum became one of the coins that has a big community, I think all will go back to normal, the good side is investor will more selective to invest so only good project will get investment


Title: Re: what will happen to ETH now that ICO is dead?
Post by: laluna24 on September 05, 2017, 07:49:01 AM
I think it won't be dead for long. I am positive that someone will set their ICO's up in other countries just like other past ICO's.
I believe Ethereum will still be alive and I'm positive this will be pump soon. So for me nothing to worry though there is a news in China that Ico is ban. Ethereum for sure will be hit again in the market and Im excited that it will happen.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Igniteratings on September 05, 2017, 07:50:40 AM
Just spoke to a contact in China, investors will simply invest in non-Chinese ICOs, offshore is fine for them.

ICOs are far from dead.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Carlsen on September 05, 2017, 07:51:27 AM
Ethereum will going to continue, its not the ico its the use of eth and not only the chinese were able to use it.
This news is not new to me maybe its a kind of FUD news again. Every year there is a news that bitcoins is banned in china repeatedly.
Well said. ICO banned is in China only. They are not the only country who is in the ICO. So don't panic because ICO will be here as long as there are communities and supporter.
People have many way to invest ICO. so just dont worry. Maybe China just ban ICO in short term. They need to control it

Actually I have read that South Korea is planing to do something similar.
And it will most likely not be the last country who does so.
The ban will not go on for ever, but the number of new ICOs will go down after it.
And because they are funded with ETH that will decrease the demand for ETH long term.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: NerdYale on September 05, 2017, 07:51:35 AM
We'll just hope this is shortlived and eth recovers.  For the meantime,  is it advantageous to buy altcoins since  they are taking a dive?


Title: Re: what will happen to ETH now that ICO is dead?
Post by: VTS on September 05, 2017, 07:59:47 AM

2 scenarios for me:

1. Currently we have 4 countries regulating or trying to regulate icos. This is still not the hole world. Other countries might slowly follow and icos will be regulated everywhere. The regulations will force platforms or issuers of icos to register a company, be transparent, pay taxes and give guaranties to investors and be fully legal responsible. So platforms like ETH will need to compile with local laws.

2. Not all countries will follow, anonymous coins will rise and icos will be held in countries with no regulations. Everything will work as before...

ETH might temporary loose but in regards of this 2 scenarios stabilization should come. (Im not endorsing to invest in ETH, tho)


I more worry what kind of damage scam icos can do to ETH in the long run....

So something needs to be done against scam icos in future: Community driven audit service? https://bitcointalk.org/index.php?topic=2135456.40


Title: Re: what will happen to ETH now that ICO is dead?
Post by: kryptqnick on September 05, 2017, 09:00:30 AM
China is not the whole world. I think this will hit ETH but not kill him. Also the Chinese are gamblers on the market, they can circumvent these prohibitions.
Yes, and there are many Russian icos built on eth, maybe more than Chinese. The only crypto to which this ban might be the end is NEO, for we all hoped this will be the currency on which Chinese will make their icos and thus pump it very well.
Now is just bad times for currencies and good times for smart investors, I guess. By the way, eth is still almost $300 and ltc is $65, so I guess they're not hurt a lot by the ban. Btc is $4240 which is sad, but I hope to see it recovering soon, because it is definitely not affected by ico bans. I hope Chinese mining farms keep going though.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: CryptoClown on September 05, 2017, 09:03:02 AM
Eth will most likely take a short term hit and they rebound because ICOs are not actually dead.  Way too much FUD happening and over the news.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: luvbeening on September 05, 2017, 09:12:26 AM
Eth will most likely take a short term hit and they rebound because ICOs are not actually dead.  Way too much FUD happening and over the news.

just imagine on a question: why my ICO is defined as an illegal project,while ETH was/is also an ICO is legal?

then there is an answer from goverment: who said ETH is legal?

cheers!


Title: Re: what will happen to ETH now that ICO is dead?
Post by: pearlmen on September 05, 2017, 09:19:33 AM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?
Although the news came as a shock and the entire market reacted to it badly and even ongoing ICOs may even be hit badly and feel it much more than the already completed ones but I feel its just another attack that is bound to happen and if this is being recovered from, another  one is around the corner that's how its going to be. But Chinese people reactions needs to be seen more than the way its being portrayed because when they found out that news from their end is not affecting bitcoin, they attack the next popular coin which is ETH and indirectly affects bitcoin.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: mevmike on September 05, 2017, 09:31:29 AM
China is just one country.
The entire world did not ban ICO ;)

Definitely correct...
China is not the whole world...
And not all ICO's are found only at China...
Therefore time will come that all legal ICO's will bounce back...
.
And if the real intention of Chinese government is indeed to eliminate fraud ICO's.
Then i salute them...
:D


Title: Re: what will happen to ETH now that ICO is dead?
Post by: luvbeening on September 05, 2017, 09:35:55 AM
China is just one country.
The entire world did not ban ICO ;)

Definitely correct...
China is not the whole world...
And not all ICO's are found only at China...
Therefore time will come that all legal ICO's will bounce back...
.
And if the real intention of Chinese government is indeed to eliminate fraud ICO's.
Then i salute them...
:D


definitely wrong.
right now China just set an extremely good example/standard for "how to get rid of ICO",there will be more and more countries would follow China steps.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: stealth.money on September 05, 2017, 09:44:55 AM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?

Bagholders will continue to pump and insiders will continue to hype it up even though there is nothing to hype at this point.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: diguyo on September 05, 2017, 09:45:58 AM
It'll be fine, will take a hit and bounce back. ETH is not all about ICOs and even then long-term this security increase is a good thing, it will breed confidence and avoid the scams.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: VTS on September 05, 2017, 09:48:00 AM
China is just one country.
The entire world did not ban ICO ;)

Definitely correct...
China is not the whole world...
And not all ICO's are found only at China...
Therefore time will come that all legal ICO's will bounce back...
.
And if the real intention of Chinese government is indeed to eliminate fraud ICO's.
Then i salute them...
:D


definitely wrong.
right now China just set an extremely good example/standard for "how to get rid of ICO",there will be more and more countries would follow China steps.

It is not about getting rid of ICOs its about controlling them, sort out scam and prolly take financial advantage (Tax collection).


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Teraboy on September 05, 2017, 09:58:12 AM
China is just one country.
The entire world did not ban ICO ;)

Definitely correct...
China is not the whole world...
And not all ICO's are found only at China...
Therefore time will come that all legal ICO's will bounce back...
.
And if the real intention of Chinese government is indeed to eliminate fraud ICO's.
Then i salute them...
:D

china is among the biggest source of investors and huge money they throw into all these ICOs, can't resist that they'll affect the crypto world significantly. really hope that chinese investors will be allowed to invest into ICO again through some regulation just like the way US does.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: BitcoinHodler on September 05, 2017, 09:59:24 AM
i don't think ethereum is just going to die that easily. it will take a long time for something that has very deep pockets and good pumpers behind to die off.
but it is going to be a pretty interesting couple of weeks ahead in my opinion where we can see how things will change.

if in fact new ICOs stop being created or stop succeeding in getting any funds then it will be a pretty big hit on ETH. but if nothing changes and ICO scams continue as before, then nothing will change for ETH either.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Renji Abarai on September 05, 2017, 10:01:10 AM
ICO is dead? No its not, though China is one of the big market still there are other parts of the world that is still  ICI is open. I applaud for China's move, that is to protect the investors from fraud ICO's. Now, with this move I hope theirs a body that will evaluate all ICO's and release to public what is ready and a stable company ready for ICO's with their approval.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: uelque on September 05, 2017, 10:58:40 AM
ICOs are not dead but are regulated to filtered out scam-proned activity where most scammers abused the ICO trends. Once it is regulated more investor are feel secure about their money though it may have government intervention but future ICOs are more recognised and legitimate to the public thus enhancing the investment confidence to the masses.

Exactly, so there will only be a dead fraud ICO's. And I guess it would be better for ethereum. I also see it as an improvement for ethereum, and for me it is a proof that ethereum is being more accepted because china is implementing for it's better use.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Hamphser on September 05, 2017, 11:03:29 AM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?

I think ethereum price will drop me unit gangly because token system is the main selling point for ethereum. And there is less dev to create eth token without ICO. I can't predict how low it will go, but at least not as popular as todays.
This would really be the time that ETH would go back to its track back in previous months when the price isnt still yet high.The news did really give big effect since most ICO are using commonly ETH platform and its being banned already on China which i do believe that large investors came into that place which would really mainly affect the price and talking about recovery i guess it would takes time for sure.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: coingrow on September 05, 2017, 11:11:37 AM
Believe it or not but Most of ETH was being used to buy into ICO's. This decision is not going to kill ETH for sure, as china is not the only place from where money was flowing into ICO's, but yeah, there would be short term supression in price. For long term, we will have to wait and watch


Title: Re: what will happen to ETH now that ICO is dead?
Post by: pendekar cinta on September 05, 2017, 11:25:28 AM
How is the continuation of the investors later? especially if they already spend how the continuation of the investors later? especially if they are already spending huge amounts of money and can make a very deep disappointment for his life may this rule only a moment so that over time can return to the original again and will emerge some new ico better than ever.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: chongo on September 05, 2017, 11:45:51 AM
i dont get it why people say ICOs are dead? Its only China.... and dont you think chinese people who want to participate in ICOs will find ways to do it?
ETH has a great future and also NEO does u will see!


Title: Re: what will happen to ETH now that ICO is dead?
Post by: pikadut on September 05, 2017, 11:54:02 AM
China is not the whole world. I think this will hit ETH but not kill him. Also the Chinese are gamblers on the market, they can circumvent these prohibitions.

i kind of agree with you. i have said many times that China is just one part of the market, even though that part is a huge part of it. but also when a government in the world does something like what China did with ICO and calls it illegal then the fear will hit the market pretty hard.
and remember that ICO is not exactly the most legal thing in other countries either. they don't agree with it nor call it legal. for example i know SEC disapproves of ICO.
if it is true ico banned all over the world,
this is the end of everything let alone our bounty hunters.  :) ; :(


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Gecko8 on September 05, 2017, 11:55:07 AM
Icos are not dead. China may even act as role model to support having more structured Icos in the future. Currently everybody can just develop their own coins and can scam other people. So it will even required to get trust levels higher and with this also  in the future bigger investors into the crypto market.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: hirokazu on September 05, 2017, 12:02:06 PM
ICOs dead or not, I think it wouldn't affect ETH for sure. ETH is already quite famous today, so if there is ICOs or not ETH will always remain in demand. Remember when ETH still newcomer, people said he's scam but he rise up.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: supertee on September 05, 2017, 12:05:53 PM
It is too early to mention just Eth. In last 2 days all coins,including btc, have been hit hard. Let's wait and see if Eth recovers at the same rate as the others.

Not all coins have been hit hard, look at Verge, it trippled its value.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: helars2008 on September 05, 2017, 12:08:58 PM
China may be a huge market in ICO community...
But we cant deny the fact that as of now it is only China who did the ban.
Of course it will be a different story if other countries would also follow what they did.
All we can do right now is wait for what will be the further effect of this to cryptocurrency and pray that no other country would follow China on what they did.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Makka on September 05, 2017, 12:13:19 PM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?

It is not a problem because as far as I know there is not one single ICO which is using the Etherium platform that is based in china. Not one that I know of. Or am I right? Anyway, there are still so many countries out there that are supporting ICOs and cryptocurrencies. There is also a larger audience waiting to be tapped.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: xiaohang07 on September 05, 2017, 12:57:22 PM
Maybe it is a good thing for the ETH ecosystem. Less backlog and congestion is expected in the following weeks.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: miningguru on September 05, 2017, 01:03:14 PM
ICOs dead or not, I think it wouldn't affect ETH for sure. ETH is already quite famous today, so if there is ICOs or not ETH will always remain in demand. Remember when ETH still newcomer, people said he's scam but he rise up.

Exactly, China's intention is not to ban the ICO's but to protect the investors from the scams. If they form any legal regulation then people can easily invest into ICO without any problems. I don't see speculation for ETH because already ETH price is very strong in the market.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: VTS on September 05, 2017, 01:12:46 PM
ICOs dead or not, I think it wouldn't affect ETH for sure. ETH is already quite famous today, so if there is ICOs or not ETH will always remain in demand. Remember when ETH still newcomer, people said he's scam but he rise up.

Exactly, China's intention is not to ban the ICO's but to protect the investors from the scams. If they form any legal regulation then people can easily invest into ICO without any problems. I don't see speculation for ETH because already ETH price is very strong in the market.

I would say its about:

- Money lounderey
- Investor protection
- Tax collection
- Control

Yet as some guys already mentioned,  Chinas ICOs wont be forbidden, just regulated.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: shyliar on September 05, 2017, 01:14:57 PM
The Eth price has been based primarily on ICOs followed by potential of smart contracts for businesses (including banks) and all the amazing DAPPS in development.

Governments are quickly closing the door on the ICO scam (the vast majority are scams). This is why in recent news China has completely closed the door, the US SEC has made announcements along with the Canadian government and Korea is in the process of making them illegal.

There isn't a single popular DAPP in existence. There never will be either because if one got popular the ETH network would slow down to a snail's pace permanently. If a single ICO can basically shut down the network imagine what a popular DAPP would do when being used 24/7. Any other DAPPS would need to become APPS on private servers.

Every news story you read about banks or businesses using Ethereum is referring to the Ethereum Platform as a package to develop private network blockchains. They aren't considering using the public token at all. Although, it's good for a pump to suck money out of the hands of novices.

Recently I've noticed people suggesting that ETH can also function as money. It's turing complete design makes it a poor choice as money. These folks should really read why bitcoin and so many other safe cryptocurrencies are not turing complete.

Basically any use cases for ETH the token seems to have disappeared. The Ethereum Platform might still have some use; but, token holders don't own a piece of that.

It's hard to predict price because so many investors make their choices based on nothing but feelings and not analytical thought (as some comments in this thread demonstrate). In the long run reality will kick in and the long term price likely will decline.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: ahrimanbro on September 05, 2017, 01:23:28 PM
honestly, just hold onto your eth. this is crypto afterall, we aint here for an easy ride.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Morphling on September 05, 2017, 01:33:24 PM
There nothing happens with ICOs. I'm not a huge expert on crypto trading, but only banning ICO, doesn't mean they can't trade crypto just can't participate in ICO. To my understanding, probably a good thing is waiting.
two things you not mention, one is new coins probably will not list on the exchange for a long time, and it will be a deadly strike to crypto. the other is more countries will follow China strategy as the regulation is necessary to a country


Title: Re: what will happen to ETH now that ICO is dead?
Post by: hosseinimr93 on September 05, 2017, 01:39:37 PM
Ethereum is one of  the oldest coins and its success is not only because of ICOs. Ethereum is always one of best investments in cryptocurrencies for everyone.
By the way, I don't think ICOs will be dead.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: PepperaOnIt on September 05, 2017, 01:42:44 PM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?
I agreed about this how can be the future of ICO in this world if china makes the ICO illegal, the influence of china is so big that can make other country implemented what they implemented


Title: Re: what will happen to ETH now that ICO is dead?
Post by: layoutph on September 05, 2017, 01:45:19 PM
So why are you guys so fanatic with China. So what if China banned ICO?  Total Market Cap now is $149,816,286,076. Is the $100billion market cap owned by Chinese? We have Japan, Korea, US and lots of new countries joining the crypto wagon. I tell you, Bitcoin do not need China. ICO can go without their country.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: namjey on September 05, 2017, 01:50:25 PM
It's good news that ICOs were banned. It will wipe out a lot of scammers. So, later we will have other kind of opportunities to fund and raise money.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: WARlrus on September 05, 2017, 02:13:54 PM
It's good news that ICOs were banned. It will wipe out a lot of scammers. So, later we will have other kind of opportunities to fund and raise money.
I think ICO not dead. just scam ICO dead. Gov will control ICO. and people must verify to list an ICO


Title: Re: what will happen to ETH now that ICO is dead?
Post by: vesipyks on September 05, 2017, 02:34:05 PM
Who has killed ICO? China has forbid ICO-s for chinese companies. There are about 200 countries in the world and China is just one. Participating in ICOs of other contries is still not illegal for chinese people so ETH will live on and ICO-s will still happen. It's a panic drop, life goes on and ETH goes on.

I do not understand how there are so many who do not actually put their thought into acquiring information and just live on with assumptions that have nothing to do with reality... and the go on declaring this as the truth to the rest of the world and things start to live their own lives.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: carlisle1 on September 05, 2017, 02:47:36 PM
It's good news that ICOs were banned. It will wipe out a lot of scammers. So, later we will have other kind of opportunities to fund and raise money.
I think ICO not dead. just scam ICO dead. Gov will control ICO. and people must verify to list an ICO
that's how they wanted to make sure that they are still in control of their economy as people already earnings a lots of money out from crypto especially
from those crypto currency so to make sure that not everyone got involves to this big market they needed to facilitate and make necessary actions.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Stedsm on September 05, 2017, 03:08:51 PM
No, ETH dump cannot be justified by the decision that China took because the price didn't slip when US SEC decided the same thing to regulate these ICOs before allowing their citizens to take part. China has declared it completely illegal, it's their problem. But what if there are genuine projects which will really prove through their work? World is round and none in the world is unaware of Bitcoins now, we may set up a group of entities who, through their contacts in the world, will investigate more about the ICO that is being conducted, where it is being worked out, what is the purpose, etc. and may then decide whether to let people invest in them or not.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: shyliar on September 05, 2017, 03:17:45 PM
Who has killed ICO? China has forbid ICO-s for chinese companies. There are about 200 countries in the world and China is just one. Participating in ICOs of other contries is still not illegal for chinese people so ETH will live on and ICO-s will still happen. It's a panic drop, life goes on and ETH goes on.

I do not understand how there are so many who do not actually put their thought into acquiring information and just live on with assumptions that have nothing to do with reality... and the go on declaring this as the truth to the rest of the world and things start to live their own lives.

You're right it's a real shocker that people would think that a country with 20 percent of the world's population can have any effect.  ::)

Additionally, the fact that other countries are moving towards regulations under security laws that will effectively shut down the majority of ICOs that can never meet the criteria is irrelevant too.  ::)

You are definitely right about "there are so many who do not actually put their thought into acquiring information and just live on with assumptions that have nothing to do with reality". In this we completely agree.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Technos on September 05, 2017, 06:47:07 PM
It's obvious that the hype will slow down, but ICOs are probably not dead yet. I think people will use anonymous and decentralized exchanges to trade these tokens. The problem is that you may not be able to know who is developing these things, and the risk of investing in it will be much higher.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Piggy on September 05, 2017, 06:50:08 PM
nothing in particular that is just one of his uses, smart contract can do anything


Title: Re: what will happen to ETH now that ICO is dead?
Post by: meliodas on September 05, 2017, 06:51:13 PM
It is too early to mention just Eth. In last 2 days all coins,including btc, have been hit hard. Let's wait and see if Eth recovers at the same rate as the others.

I think I agree with this, because of ICOs being illegal, bitcoin,waves and eth will be affected a lot. The reason why this coins are rising is because of ICO's and the investors. With less ICO, there would be less people who would use these coins to buy new coins. It's pretty sad, but lets just wait if things will be better after a few months.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Irvinn on September 05, 2017, 08:55:35 PM
First, the ICO is not yet dead. Its conduct is prohibited only in China, and China is not the whole world. Secondly, as far as I know, only those ICOs that were planned to be conducted are banned, not those already existing. Thirdly, the ICO can resume its activities under government control, which will be much safer for investors. As for the etherium, it is likely to fall slightly in price, as it was largely tied to the ICO. Well, what will happen next, we'll see.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: VeteranCoin on September 05, 2017, 09:13:49 PM
Ethereum will going to continue, its not the ico its the use of eth and not only the chinese were able to use it.
This news is not new to me maybe its a kind of FUD news again. Every year there is a news that bitcoins is banned in china repeatedly.
Well said. ICO banned is in China only. They are not the only country who is in the ICO. So don't panic because ICO will be here as long as there are communities and supporter.
People have many way to invest ICO. so just dont worry. Maybe China just ban ICO in short term. They need to control it

Actually I have read that South Korea is planing to do something similar.
And it will most likely not be the last country who does so.
The ban will not go on for ever, but the number of new ICOs will go down after it.
And because they are funded with ETH that will decrease the demand for ETH long term.

You think long-term demand for ETH will decrease? Maybe short-term, but I think long-term ETH demand will rise.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: styca on September 05, 2017, 09:22:45 PM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?

Yes, ICOs have impacted on ETH price, both positively and negatively. But ICOs are not the purpose of ETH at all. If all ICOs on ETH stopped forever, I would still hold my ETH.
However, ICOs will not stop; they will return in a more regulated fashion.
Short-term, ETH will go up and down with the whole market. Long-term it will rise hugely. I'm still convinced it will overtake BTC in market cap (as will XRP).


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Gennosuke on September 05, 2017, 09:23:49 PM
Guys you dont need ICOs to build Dapps..


Title: Re: what will happen to ETH now that ICO is dead?
Post by: batang_bitcoin on September 05, 2017, 09:37:17 PM
Eth will still be pumping, imagine those people that keeps on investing in ICOs will be no focusing with ETH. As this ban is only applicable on China. And the whole economy isn't circulating only on them, there will be some dips including bitcoin as it will be affected but the cycle will be continuing.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: cryptojeebus on September 05, 2017, 09:38:55 PM
ICO is not dead. But ETH could be in some trouble. True.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: hrshak462 on September 05, 2017, 09:43:23 PM
Too many non-accredited investors will be able to get rich from ICOs so the governments of the world need to shut that down.  The governments will say that they are protecting widows and orphans from gambling away their savings.  Only the rich are allowed to get richer.

The poor are, however, encouraged to gamble away their savings on scratch off lottery tickets.



Title: Re: what will happen to ETH now that ICO is dead?
Post by: shyliar on September 05, 2017, 11:20:56 PM
Guys you dont need ICOs to build Dapps..


Are you suggesting that people develop stuff the old fashion way? That they actually demonstrate that they can produce something before they ask people for millions of dollars? Are you saying people should have something of substance to sell? More than an evening spent writing a white paper before they ask for millions?

If so I agree.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: BeastLee on September 05, 2017, 11:33:17 PM
I still dont get why bitcoin had to dump too. stupid day traders causing price dumps to news that doesnt even affect bitcoin


Title: Re: what will happen to ETH now that ICO is dead?
Post by: DylanJones on September 05, 2017, 11:35:24 PM
China is not the whole world.
In fact, there's plenty more! Will be interested if investment stops or if China just stops raising.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Indrawan77 on September 05, 2017, 11:36:19 PM
I think eth will still survive the one that banned ICO is only china we still got a plenty of ICO and eth is a quite famous coin, the price won't be moving as fast as before but it will still survive


Title: Re: what will happen to ETH now that ICO is dead?
Post by: lovebrand007 on September 05, 2017, 11:38:37 PM
Ico will always keep going on, with or without the Chinese. I even think their company needs it more than ever now. Also, I wish America fully embrace crypto. So that Americans can start to participate in ICO. this will incite a boom. But I was wondering, can a Chinese travel out and operate an ICO in another country and return back to his country after its success.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: squatter on September 05, 2017, 11:42:21 PM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?

I think ethereum price will drop me unit gangly because token system is the main selling point for ethereum. And there is less dev to create eth token without ICO. I can't predict how low it will go, but at least not as popular as todays.

I don't think ICOs were Ethereum's main selling point at all. It is supposed to be a decentralized world computer (dapps, etc). It's supposed to do a hell of a lot more than issue simple tokens which act as substitutes for stock options.

At the same time, there's no doubt that the ETH bubble was pumped by investors buying into ICOs. Further, that much of ETH is "locked up" thereafter helped to dry up the supply. So it's possible that ETH could see considerable correction.

At the same time, BTC and the overall crypto market still look bullish to me. I suspect ETH will follow if I'm right about that.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Argon2 on September 05, 2017, 11:49:00 PM
Nobody in this thread or anywhere else has a clue what will occur. Remember this is speculation aka guessing but the one fact that they must dump their tokens for ETH is real. Another fact is they didn't buy ETH to buy ETH so why would they HODL the ETH? Common sense here...


Title: Re: what will happen to ETH now that ICO is dead?
Post by: atmosphere99 on September 05, 2017, 11:53:25 PM
I'm wondering about the enforceability of all of this. Couldn't the ICO just be established anywhere that it's still allowed? Surely it would be difficult to stop investors from sending ETH out of China for ICOs.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: civilufo on September 06, 2017, 03:40:59 AM
we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.

the ICOs so far will also probably cash out their ETH soon.

what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?

I think ethereum price will drop me unit gangly because token system is the main selling point for ethereum. And there is less dev to create eth token without ICO. I can't predict how low it will go, but at least not as popular as todays.

I don't think ICOs were Ethereum's main selling point at all. It is supposed to be a decentralized world computer (dapps, etc). It's supposed to do a hell of a lot more than issue simple tokens which act as substitutes for stock options.

At the same time, there's no doubt that the ETH bubble was pumped by investors buying into ICOs. Further, that much of ETH is "locked up" thereafter helped to dry up the supply. So it's possible that ETH could see considerable correction.

At the same time, BTC and the overall crypto market still look bullish to me. I suspect ETH will follow if I'm right about that.

You're right that ICO is not ethereum main selling point, but ethereum is the favorite coin for ICO. So, the price of ethereum will be affected. But, I see it grow up slowly from yesterday.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: xaxistech on September 06, 2017, 03:45:31 AM
It is going up again, $340 each ethereum right now. You all know that Ethereum is more a speculate coin than a useful coin. Everybody who buys it, do it because they lost the train buying bitcoins when it was at $300 each one too, so they buy ethereum cause they think it will have its price too.
So it wont go down again, i think ethereum will stay between $300 and $500 at the end of the year.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Mysterious01 on September 06, 2017, 04:12:25 AM
It is going up again, $340 each ethereum right now. You all know that Ethereum is more a speculate coin than a useful coin. Everybody who buys it, do it because they lost the train buying bitcoins when it was at $300 each one too, so they buy ethereum cause they think it will have its price too.
So it wont go down again, i think ethereum will stay between $300 and $500 at the end of the year.


Yes I believe in ETH and now is the right time to buy, taking a risk right now is the best investment so you better hurry.
I am a risk taker but in the other hand I also believe in ETH that it will recover soon. $300 to $500 speculation is not bad, reaching $400 is my target for selling my ETH after buying it right now.
Goodluck to all of us who believe in ETH.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: hendi on September 06, 2017, 04:53:56 AM
It is going up again, $340 each ethereum right now. You all know that Ethereum is more a speculate coin than a useful coin. Everybody who buys it, do it because they lost the train buying bitcoins when it was at $300 each one too, so they buy ethereum cause they think it will have its price too.
So it wont go down again, i think ethereum will stay between $300 and $500 at the end of the year.


Yes I believe in ETH and now is the right time to buy, taking a risk right now is the best investment so you better hurry.
I am a risk taker but in the other hand I also believe in ETH that it will recover soon. $300 to $500 speculation is not bad, reaching $400 is my target for selling my ETH after buying it right now.
Goodluck to all of us who believe in ETH.
;D have a topic someone hold 250 ETH from 350$. hope it can reach 400$


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Herbert2020 on September 06, 2017, 06:20:43 AM
It is going up again, $340 each ethereum right now. You all know that Ethereum is more a speculate coin than a useful coin. Everybody who buys it, do it because they lost the train buying bitcoins when it was at $300 each one too, so they buy ethereum cause they think it will have its price too.
So it wont go down again, i think ethereum will stay between $300 and $500 at the end of the year.


Yes I believe in ETH and now is the right time to buy, taking a risk right now is the best investment so you better hurry.
I am a risk taker but in the other hand I also believe in ETH that it will recover soon. $300 to $500 speculation is not bad, reaching $400 is my target for selling my ETH after buying it right now.
Goodluck to all of us who believe in ETH.
;D have a topic someone hold 250 ETH from 350$. hope it can reach 400$

i honestly don't understand why people do this!
they buy into something that may not go up at all and that ties up their money for a very long time. it may go up and they make profit after a very long time or it may even come down and they lose a lot of money because of it.

all the while other altcoins are rising a lot more than 14% (from $350 to $400) and they can make a huge profit from those instead of tieing up their money and miss out! if you look at the market there has been couple of 40% rises today and there has been at least a dozen >100% rises this week alone.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: supertee on September 06, 2017, 06:45:34 AM
If you want to make money: Just buy whatever is forbidden in China.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: mroth7684 on September 06, 2017, 06:58:10 AM
dont make people panic. ETH is not to have any bussiness with China ICO.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: seattletu on September 06, 2017, 07:27:55 AM
The ICO ban impacts the long haul speculation theory for the cryptocurrency showcase since it features government hazard and the segment's overexposure to East Asia. In particular, this occasion wrecks an immense wellspring of interest for Ethereum.

The Chinese government is by all accounts making things a stride assist by calling a refund of capital that has just been given to the undertakings. For the time being, this may really help Ethereum costs as capital that would have been (or has just been) converted  into fiat will now be converted back to Ethereum and hand over to investors. Over the long haul, be that as it may, the circumstance is disheartening.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: shohelalam on September 06, 2017, 08:32:16 AM
What wii happpen to eth if ICO dead. ICO ban for china not for whole world. china takes this step for scam ICO not for eth. Just china don't invest ICO project whole world invest every ICO project.  

ETH not only depend of ICO. That's news affect eth for some time but it will be recover Soon.

Every days so many project come ICO. every project not come to eth platform they come to other platform. if ICO project create by eth platform thats time they have chance to ICO successful.

I don't think it will be big affect for eth.

Thank you

  


Title: Re: what will happen to ETH now that ICO is dead?
Post by: BTCLovingDude on September 06, 2017, 10:11:14 AM
If you want to make money: Just buy whatever is forbidden in China.

one of the main reasons why most of the altcoins has been getting pumped is because of China. and everybody knows that a pumping altcoin can be the most profitable altcoin of all times.

you can see coins like bitcoin that are not controlled by China and have a healthy market never get pump and dumped.
or for example Litecoin that has been a China coin has been getting pumped. but for about a year it has stopped being a China coin and the pumps stopped.

but the rest you can see 6000% rises during a pump just because Chinese are pumping it. get in one of them and become ultra rich easily.


all that said. illegality of ICOs will reach other countries soon too.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: devollito on September 06, 2017, 11:41:44 AM
What are you talking about bro ? Eth death because of china ico ban ? Nah..it will never happened. Ethereum is too atrong to death. Ethereum is belong to the world not only china. What you need to aware about is neo not ethereum. There are so many country in this world not only china.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: RoommateAgreement on September 06, 2017, 11:55:46 AM
ethereum is up because of two things: ICOs and pumps.

China banning ICO has only made it harder for the CHinese to invest in ICOs so it will take a big hit because of it obviously. but there are still so many newbies all around the world who will invest in ICOs and help the eth pump.

and the second part is also always going to be available. the ETH pumpers are strong, they pump and dump it as they like not as the market demands. there is no logic there, it is only their centralized power hard at work.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Morphling on September 06, 2017, 12:48:42 PM
eth will survive, and i think its a chance for eth to upgrade the technology to welcome the next wave, the inner value of smart contract will be well known than before


Title: Re: what will happen to ETH now that ICO is dead?
Post by: gomei on September 06, 2017, 12:55:10 PM

ETH will still alive as you can see the price today, you can also see some hot ICO projects such as the AVENUS and the incoming kyber, so do not worry about the ETH.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: aretebit on September 06, 2017, 12:59:09 PM
Ethereum will do fine even without ICOs at all (not not-regulated nor regulated).
ICOs were a double edged sword because both legit enterpreneus and scammers in some moment would have to sell eth back to dollars, and the panic dump with soo many people waiting for it could be huge.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Bastime on September 06, 2017, 01:18:34 PM
I didn't found it relative for some reasons ICO's isn't finally dead after China's banning ICOs but they're just seeing some points like - Many ICOs are scams.
It doesn't take a financial whiz to understand that many ICOs operate like classic pump and dump scams or pyramid schemes. Get people to throw money behind an asset or opportunity they don't understand all that well; hope the price of the mostly worthless junk inflates; cash out. There are too many hucksters out there simply looking to make a quick buck.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Bastime on September 06, 2017, 01:29:47 PM
Ethereum will going to continue, its not the ico its the use of eth and not only the chinese were able to use it.
This news is not new to me maybe its a kind of FUD news again. Every year there is a news that bitcoins is banned in china repeatedly.

There are some reasons why China banned ICOs but I learned that China wants its own coin.
We've heard rumors that China is looking to mint its own national cryptocurrency. If the country succeeds it will have greater control over that platform than the present options (Bitcoin, Ethereum, etc.). Regulators may be clearing the way for this this eventual debut.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: narukami on September 06, 2017, 02:37:55 PM
For me ethereum will be the same as before, it will continue, I am demanding that ICO's will recover and back to normal just like the other past ICO's. China is a one country, not the whole world and it did not cause for banning ICO's for the entire world.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: uDwcHYO on September 06, 2017, 02:53:01 PM
ICO was a good driver of growth, but due to the fact that large and high-quality ICO is less does not mean that its price should fall.
Now the market is growing, developers are constantly developing, and go on various crypto meetings. Especially for the near future serious improvements in network performance are planned.
If you look at other coins, many of them without the functional capabilities feel good.
At the moment with the ETH everything is going according to plan.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Butchick on September 06, 2017, 02:54:03 PM
Eth may be a little affected by the ban raised by the china but eth will still live, it will survive. I don't think this is the worst situation eth has been thru and china is just one country. So long as there are still people investing in this coin and so long as its technolgy continues to impress people and prove its significance then eth will live.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: AUruHM on September 06, 2017, 03:44:43 PM
This is decentralization - not important where is participants live. And Eth not an exception. After Metropolos it will be even more noticeably. But some severity for today ICO's not bad


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Sullivan456 on September 06, 2017, 04:04:46 PM
That is impossible. And I never thought about that.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: bhoybitcoin on September 06, 2017, 05:02:30 PM
If China banned ICO it doesn't mean that ICOs will be ban in other countries. Some are against but some are still investing on it with the belief that it will boom in the future. So I can say that ICO will not die.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Lovetrading on September 06, 2017, 05:45:41 PM
China is not the whole world. I think this will hit ETH but not kill him. Also the Chinese are gamblers on the market, they can circumvent these prohibitions.

I agree. So what if china is banning ICO's. This is the USA!


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Fatunad on September 06, 2017, 05:52:19 PM
Eth may be a little affected by the ban raised by the china but eth will still live, it will survive. I don't think this is the worst situation eth has been thru and china is just one country. So long as there are still people investing in this coin and so long as its technolgy continues to impress people and prove its significance then eth will live.
It will surely live but as you said it would be somehow affected considering that Chinas participation on ICO does really give an impact since they do have the money to invest on but well since they are banning ICO then its not really the end of ETH knowing that china is just really single country and there are still lots who arent banning ICO. Theres still lots of ways.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: karabasss on September 06, 2017, 07:15:23 PM
Eth may be a little affected by the ban raised by the china but eth will still live, it will survive. I don't think this is the worst situation eth has been thru and china is just one country. So long as there are still people investing in this coin and so long as its technolgy continues to impress people and prove its significance then eth will live.
It will surely live but as you said it would be somehow affected considering that Chinas participation on ICO does really give an impact since they do have the money to invest on but well since they are banning ICO then its not really the end of ETH knowing that china is just really single country and there are still lots who arent banning ICO. Theres still lots of ways.

It seems to me that China no longer has a significant influence on alternative currencies and on the crypto currency market as a whole.
The news of the ban has indeed lowered the price of the crypto currency, but recovery is already underway. I am confident that the situation will soon return to normal


Title: Re: what will happen to ETH now that ICO is dead?
Post by: olushakes on September 06, 2017, 07:36:14 PM
That ETH won't be hit would be wrong but I don't expect it to go down to the period before the surge of token via ETH platform because those that have been established are hope to continue to develop and making ETH relevant through transfer in and out of the market thereby consistently ensure that ETH is in demand and with that, price is expected to have absorbed the ban of ICOs favorably.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Warry on September 06, 2017, 08:11:35 PM
Eth may be a little affected by the ban raised by the china but eth will still live, it will survive. I don't think this is the worst situation eth has been thru and china is just one country. So long as there are still people investing in this coin and so long as its technolgy continues to impress people and prove its significance then eth will live.
It will surely live but as you said it would be somehow affected considering that Chinas participation on ICO does really give an impact since they do have the money to invest on but well since they are banning ICO then its not really the end of ETH knowing that china is just really single country and there are still lots who arent banning ICO. Theres still lots of ways.

It seems to me that China no longer has a significant influence on alternative currencies and on the crypto currency market as a whole.
The news of the ban has indeed lowered the price of the crypto currency, but recovery is already underway. I am confident that the situation will soon return to normal
In this year, the affection from China really cannot make the price of crypto changes. With new market like Korea, Japan, India make Asia market balance and stable than the past.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: yunuzov on September 06, 2017, 08:20:38 PM
Well ICO is not dead at all. We will just have less scams and more quality ICOs so we should definetly stop panicking and calm down. ETH is a coin which sits on powerful pillars so i'm sure it will keep the uptrend in the long term. So ETH will be fine don't worry my friend.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: civilufo on September 07, 2017, 05:16:57 AM
This is decentralization - not important where is participants live. And Eth not an exception. After Metropolos it will be even more noticeably. But some severity for today ICO's not bad

Yes, crypto currency is decentralized and anonymity, it is really not important where you live. So, China can only regulate ICO developer, no way to regulate participants.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: TOYJJWGS on September 07, 2017, 06:52:02 AM

May eth for a long time the price will be down, because ico cut off, then eth market supply and demand will be a substantial decline in the loss of demand prices will lose support, so the forehead should also find a new way out


Title: Re: what will happen to ETH now that ICO is dead?
Post by: vesipyks on September 07, 2017, 01:12:25 PM
Who has killed ICO? China has forbid ICO-s for chinese companies. There are about 200 countries in the world and China is just one. Participating in ICOs of other contries is still not illegal for chinese people so ETH will live on and ICO-s will still happen. It's a panic drop, life goes on and ETH goes on.

I do not understand how there are so many who do not actually put their thought into acquiring information and just live on with assumptions that have nothing to do with reality... and the go on declaring this as the truth to the rest of the world and things start to live their own lives.

You're right it's a real shocker that people would think that a country with 20 percent of the world's population can have any effect.  ::)

Additionally, the fact that other countries are moving towards regulations under security laws that will effectively shut down the majority of ICOs that can never meet the criteria is irrelevant too.  ::)

You are definitely right about "there are so many who do not actually put their thought into acquiring information and just live on with assumptions that have nothing to do with reality". In this we completely agree.

I would agree to your ironi about the effect of China if it would have been people who are forbidden to invest and participate in ICO-s. But it is not. It is illegal for the chinese companies to hold ICO-s. It does not mean that these ICO-s will not be held in other countries instead.

Currenty there are countries that are thinking of regulating. There are also these who are not. I do not see any serious steps from the rest of the world to regulate ICO-s and also regulating is not forbiding them. I believe it will take quite some time until we hear of the first country to regulate cryptocurrencies and ICO-s. Also... regulating the ICO-s is not by definition a negative thing. It would also prevent fraud and protect the investor. Of course it will be done in a smart and open minded way.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Fatunad on September 07, 2017, 01:14:00 PM
Eth may be a little affected by the ban raised by the china but eth will still live, it will survive. I don't think this is the worst situation eth has been thru and china is just one country. So long as there are still people investing in this coin and so long as its technolgy continues to impress people and prove its significance then eth will live.
It will surely live but as you said it would be somehow affected considering that Chinas participation on ICO does really give an impact since they do have the money to invest on but well since they are banning ICO then its not really the end of ETH knowing that china is just really single country and there are still lots who arent banning ICO. Theres still lots of ways.

It seems to me that China no longer has a significant influence on alternative currencies and on the crypto currency market as a whole.
The news of the ban has indeed lowered the price of the crypto currency, but recovery is already underway. I am confident that the situation will soon return to normal
Well im not saying that China do really hold up the entire influence on cryptoworld but they would really give an impact into the ecosystem but same as you said im not really worried too much on crashes knowing that prices would really normally healed up or recover after such dip.Looking now at the price of Bitcoin which is going back to reach 4700 again and other alts are on green now.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: maokoto on September 07, 2017, 01:18:53 PM
To tell the truth, I think there were too many ICOS going around. It's a little like if ICOS were the new ponzi. Hope this calms things down a bit...

As for ETH, there is much circulating already. IT can go down a bit, but it will likely recover.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Zocadas on September 07, 2017, 01:20:55 PM
As I  see ETH is still stable high. At beginning of this year it was around 40$.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: sukoyomi on September 07, 2017, 01:23:57 PM
not the china that determines the ico will end, because the one who uses ico is the whole world, not just china alone, and i'm sure this is not the end of ico, and eth will not die, because it's not just because ico make eth it's developing.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: saekotye07 on September 07, 2017, 01:28:49 PM
china is only a country that said that ICO is illegal. the other chinese that want to invest or buy a ICO they can go transact it to the outside of china... we will see what happen on ICO and ETH


Title: Re: what will happen to ETH now that ICO is dead?
Post by: Altcoinmarket on September 08, 2017, 02:55:58 PM
Ethereum will going to continue, its not the ico its the use of eth and not only the chinese were able to use it.
This news is not new to me maybe its a kind of FUD news again. Every year there is a news that bitcoins is banned in china repeatedly.

I have to agree. Although there is a huge number of contributors from China, there are still contributors all over the world regardless.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: xianbits on September 08, 2017, 03:09:24 PM
I think the topic should be, "what will happen to Eth now that ICO is dead in China?"
ICO is not dead but has really affected by China's latest statement and thus ETH, so with other altcoins used in ICO purchases, has been really affected. For me, this dips are not permanent and will recover soon. There are stil investors from outside China that also need to be considered.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: blueberry28 on September 10, 2017, 04:24:42 AM
Ethereum will going to continue, its not the ico its the use of eth and not only the chinese were able to use it.
This news is not new to me maybe its a kind of FUD news again. Every year there is a news that bitcoins is banned in china repeatedly.
Well said. ICO banned is in China only. They are not the only country who is in the ICO. So don't panic because ICO will be here as long as there are communities and supporter.
People have many way to invest ICO. so just dont worry. Maybe China just ban ICO in short term. They need to control it

Actually I have read that South Korea is planing to do something similar.
And it will most likely not be the last country who does so.
The ban will not go on for ever, but the number of new ICOs will go down after it.
And because they are funded with ETH that will decrease the demand for ETH long term.

How important is South Korea in terms of investment? Do they make big investments that would shake the market?
Just coming from pure curiosity.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: giveen on September 10, 2017, 05:27:36 AM
You are saying that everyone in this world are chinese i agree to the fact that chinese invested the most but it's fine ico are still raising millions there are many people out who can invest in ico now the companies will focus on many small investors than few big investors.
Secondly i don't think china has any system to detect anyone investing in ico most likely nothing will change.


Title: Re: what will happen to ETH now that ICO is dead?
Post by: alva5763 on September 10, 2017, 06:33:55 AM
I would not agree that ICO is dead. ICO is not exclusive to China. Same rules as before ie read the whitepaper and see if there is a need for the coin. It is not all doom and gloom.