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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?

This is what I am talking about. The price of bitcoins may rise given the fact the number of investors are increasing per day, but news like these pose a threat regarding its price in the future. These are one of the few external factors that affect the price of bitcoins and are not accurate indicators therein.
Should Japan ban their ICOs, then expect prices to decrease. Hopefully that "definite possibility" is only a possibility that may happen.

I am thinking this since China started this "banning of ICOs". What if not only China is the one who will ban ICOs since China has a great deal in trading and other stuffs, and now it might happen. It may not be certain but the possibility is also high. This is a great threat to the price of bitcoin and also the investors who have their bitcoins and other investors who also want to get ahold of this digital currency.

It has been a while and it has not happened yet. So, hopefully, this will be simply spreading FUD and nothing else :)

I think this will be a signal. These two days, the United States began to step up supervision. The market is terrible today. I don't want to invest too much, but I have my own plan. More recent observations on the market?

So stop the ICOs because bad guys are doing this way to steal money from investors. And no matter what country it will do to alleviate the excessive theft of evil people using the ICO to tear down the people who will join it. This is the only step to minimize the thieves and adjust the speed and condition of the crypto world

considering how accepting japan is about bitcoin and cryptocurrencies, this ban, were it to happen, is probably intended to protect potential investors from becoming victims of a shady 'ico.' this being considered, i dont think that this would change the japanese government's stance on bitcoin's legality and wont result in a ban on bitcoin in the future.

dunno about that one, the ico scene is pretty shady at times; some group of people asking for a couple million dollars promising to deliver something resembling a plan that may or may not even actually be finished? tad iffy if you ask me. it would be ideal if this ban was only temporary, and would only remain in place until the government organized legislation and means to regulate the ico scene creating a safe environment for its citizens to invest in.

This is the reason why Ethereum price goes down a little bit and stuck with that $280-$310 because of this ICO's madness, every most of the investors in the ICO's that they are participating with is expecting a growth in their invested money or dividends with the success of that ICO's but instead it is like finding a 1 is to 5 true and legit I so for me it is so hard to invest now with the ICO's and taken for granted the issues that it will not last long. Countries that are regulating their citizens it using ICO's is just a right thing to do because of ICO's are uncontrollable.

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.

Perhaps this is done in order to trim the way to such a bitcoin gain? So that ordinary people could not earn it in any way? In Russia they want bitcoin to be on sale only in the official Moscow stock exchange. In other words, only professional traders will be able to trade them. The prohibition has not been said yet, but this is only the beginning. :(

A lot of ICO are shit and scam, the governement want to protect their citizen against it. Yes it's a liberty privation but it's a way to educate people. I don't agree with this, but soon the ICO ban will be removed as soon they reinforce the regulation around it.

They'll most likely put some stricter regulation in place, not flat out ban them, considering the approach they used for bitcoin.

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.  >:(

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.

i've said it again and again, this is the more likely reason that a ban would ever go through in japan, to give the government a chance to come up with a system to regulate these practices. with a safe environment for people to experiment in, cryptocurrencies would thrive.

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.

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.



Also this.

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.

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.

link is bad of information for ico

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.

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.

ICO ban in japan ? does not matter
they have ADA coin for that :)

GOOD

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

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.

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?

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".

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!

I do not think that this news may somehow materialize with the situation with the ethereum

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.

Well, every month happen something.. probably with enough time this will be like the story of the child that warn about the wolf..

I think 1 thing is for sure - market cant go on like this, there is SCAM ICOS and there will be if there is no regulation. Thus governments cant ignore it for ever.
I would hope that at one point crypto community could came together and make their own "institution" which could give some kind of rating for ICOS , which can give you idea how safe this ICO is.

I think everybody is trying to keep the ETH price down! They will not succeed.

Most of the news are just fake news to effect the price of BTC. I wouldn't trust them until I see an official announcement.

Just another regulation part !
Its import to controll this guys , to mouch scam out there !  :-[ :-[

It's maybe because a lot of scammers are running away with investors money. Ico's should be regulated by someone or it will be thousands of scam ico's and looser projects.

Yes, I agree that. For my point, All ICO ban is just like aa drama, at end they null to prove anything, there merely failed. They never and ever control the blockchain technology.

This isn't necessarily a bad thing. ICOs get banned because they aren't regulated and people are abusing them. In the future they might be allowed again, but under certain regulations. This is good for the people who want to invest in an ICO. As things are now anyone can make an ICO and they won't be prosecuted for manipulating the market or misinforming investors. There has to be rules for these kinds of things, or else investors are going to get exploited until there's no more interest in investing.

ICO should be filtered there's a need for some restrictions on implementing it, the most legit ICO canake it by applying it or such admins who will choose which qualify the only downside is admins may abuse their power for their benefits.

Very good, ban crappy ICOs and make way for the real projects!

airdrops should probably also be banned from Bitcointalk because most of them are super scammy

I suggest you to read article first before posting it here with such article. But half or more  people replying here will do same as you and will talk only of your bombastic title.

Ico's should be well regulated , Some projects are scam and should be banned from collecting money from investors. Shitcoins and tokens are sprouting almost everyday to collect Millions of dollars then sadly turned out to be scam.

There is more than enough projects that have been around the block to invest in.  I think these bans might be good for cryptocurrencies because money will flow into these established projects instead of new ico's that can possibly end up being scams. 

I'm for it. If this means that it can get rid of all the scam ICO's that have come and go I say continue the bans.

Honestly, I can see why governments would see ICOs as harmful. A lot of them are just disguised scams. I just hope that governments don't outright ban them like china did. Some projects are legitimate and beneficial. I wish governments would regulate ICOs instead of just banning them

Even if this does happen we will be fine down the road. This will keep the crypto community from getting over diluted with fake projects and more attention will be brought to the actual legit projects that are innovating.

Well, I do not think ICO ban is priority of many Government around the world at this time. There are many things going on that is of utmost importance in the scheme of things. We have security issues and the earlier the World embrace blockchain the better for all of us.

That’s given the news might be a bad possibility or not, it is still a FUD for me without the proper legal action by the Japan authorities. If there is probability that it come to a banning of ICO, I don’t think bitcoin be affected to it or it might given more increases than everyone stating it would decrease.

I thought they will just regulate it? does someone influences these Countries? like they are all deciding to completely ban icos from thinking to regulating these ICOs. These ICO bans will help the REAL ICOs to gain some attention for their projects and also to gain support from the community. I don;t see any problem on this news. It will be a problem if every country in the world bans ICO that would be a bigger problem.

Although you don't want to cause FUD, the article itself is doing it since, in economics sciences, the students are taught that the economy is based on a percentage of speculation. That kind of news affects the price of bitcoin's and, subsequently, of every other altcoin. I really hope Japan doesn't ban ICOs

A momentary movement will be end soon, I do not think we will see many ICO projects in next year. The government will help us solve and remove all shit, ponzi projects. The SEC, China, South Korea and the rumor about Japanese government proved they do not ignore this field.

I think what Governments want is to have control over these funds, just imagine the amount that have been raised this year alone, over $2 billion and if no one is asking these developers how they are using this fund then abuse is inevitable

It seems to me that the news is natural. Last year ico projects have attracted $ 2 billion, of course the government cannot turn a blind eye. I think the regulation the ico in the world just a matter of time.

I think ICO has become a serious threat for the government and I dont surprise to see Japan or any country to take this kind of action,  because there are too many coin that  is useless and too many people scammed through ICO,  and this will affected eth price,  it will drop down

I agree with you that many new tokens are useless. Inevitably, Governments in the world will ban ICOs. But it maybe happens in short-term. After they find out the way to control ICOs, they will allow it again. Don't worry.  ;D

NO CHANCE TO BE BAN  ICOS WILL SURVIVE. . . .  Regulated or Not

Exactly, they want a piece of whats to come. They dont care if you get ripped off in the process. They just want a piece of the rip off, because at the end of the day its YOUR MONEY you are investing. They cant protect you from your mistakes, but they can enforce regulations to ensure they get paid.

Hope so! I can't imagine Japan cracking down on ICO. Japan should be one of the driving forces for other governments to show how to treat new technologies  :(

It was incoming, crypto got into Africa and most 3rd world countries through the help of ponzi schemes, the price has grown rapidly within a year and my fears are only mounting for those that will lose their life savings here :'(

ico ban is good thing as many are doing frauds ... there should be some legit done by goverment which is good

According to the article, there is two possible scenario which is Japan would support the ICOs and another would be to ban it. The highly likely to happen is the latter which is banning ICOs. The regulators have been studying it because they just want to protect the people from those scam ICOs and there are more investors willing to give their money if they can have significant returns in the future. Banning it would likely affect the prices given that Japan has a 64% market share in bitcoin trading now but I believe it would be temporary because they would just regulate it and then maybe allow ICOs again but there will be limitations.

People are being scammed from ICO and they claim to goverment to stop this ICO scammers. This is what goverments have to do.
Regulation of ICO is a good thing for crypto world. Regulation means they accept crypto currencies.
Nothing to worry.

I hope this is kinda fake news to spread FUD. It will be very painful if Japan will ban ICO's. But it should be not forever even if they will ban them.

I think many institutions are trying to spread FUD so that they will have an entry point.

Good news. I don't really like how ICO could easily ask for funding without being regulated, especially when they can disappear after the crowdfunding is over. That is like what happens to 80% of ICO though. I don't really mind as long as they're not banning Bitcoin and cryptocurrency in general;, which they will not do considering how good crypto development in Japan recently is, especially for Bitcoin.

lots of ICO's only have advantage for its creator/foudner. so many conservative ppl think  Ico consider to be a scam..
this is very high risk investment on my opinion..

This will bring up more crypto investors but probably into bitcoin this time. :-) This is why price of bitcoin will pump while on the other hand ether price or alts will go down. If this fear continued then we will see day with only bitcoin in the market with two to ten alts really. Seems good for bitcoin holder and negative for those who make living out of alts.

if japan prohibit ico, will certainly have a bad impact to the world crypto currency,
hopefully japanese legalize ico

In general, Japan had a good run with the legality of BTC, of course they are worried that the price might influence the economic activity, so they're trying to be a bit careful about the legal framework. Considering however that Japan has been fairly open to crypto innovations (XRP included), I wouldn't worry all too much, as it's a tech savvy government and population which can more easily identify the potential of the blockchain and how it can help people. Besides that, even if things get out of hand, you can still send the BTC outside Japan and cash in from another country, if your stack is big enough it will be cerntainly worth it, otherwise just give Japan some time and they'll sort things out (integrating it in their legal framework).

You may not be intentionally causing FUD but it has just did exactly what you are trying to avoid. The subject line is suggesting otherwise. Aside from it, we all know how the big part of crypto investors are reacting to news such as this. That is why sometimes it is even wiser to ride along with FUDs and other fake and shallow news. They make the prices move. ;D

That's too bad, if true.  Japan always seemed like a friend to Cryptos.  Hopefully this is just another move to regulation rather than a ban.  I've been enjoying Cryptos because they that "wild west" feel to them, when the goverments gets involved, it gets going to get boring and predictable.

Japan has its ADA coin for ICO's in the future

Lol,  People still don't get it. The ban is NEVER  about criminalty. Internet and the real world are full of crooks and robbers. If you want to see real scams, go to Regulated websites like GoFundMe, Kickstarter, Indiegogo and loads of other small ones I don't remember their names. Quite a number them (fundraisers) on YouTube even boast about their activities publicly. It an open thing.
The potential of ICOs scare those at the top that know and control most things globally. It's about survival. You have to be there to understand how "them zombies" operate.
'Regulations is not even in their agenda, it is an outright crushing.

So you don't even know if it's from Japan or not? GTFO :D even if it's Japan then stop crying, I can assist you with your future investments on any ICO if you live in China or Japan. I will invest for you and will do everything you want (no quickie) (no funny business under my belly) :D I just need you to trust me. they can only block your bank access if you try to invest with fiat, buy bitcoin then invest with bitcoin. More countries ban ICO's, More demand for bitcoin.

I don't understand why they choose the Chinese scenario with ban, then regulation. Why not start with regulation? What do they gain from the ban?

Than it good I think. I lost too much money when I was a crypto noob. 1 of 100 is maybe not a scam. Enough ICOs for me... :(

Regulation takes a long time.  Ban is quick.

It is a first aid (more like quarantine)  to stop spread of the disease (pretend ICO designed to scalp many investors).

I am all for it and will eventually lead to a much healthier crypto environment.

NOTE that this is FAR from cryptocurrency ban which some seem to mistakenly equate.

How sad! Less crypto less bitcoin less money less opportunity and less future. Bitcoin has the possibilities to to retain but with a low supply and low demand because of banning the ICO in their country. Another bad news for our community. It does not look good to disseminate that news in this thread, many people will decide to leave in our cryptoworld.

We're still not sure about it, every news like that seems rumors these days. If Japan banned icos then it's their decision and they probably have a reason for doing that. So every country supporting icos shouldn't criticize it.

Ico ban not means exchanger ban. That's why ICO developers should make real and legit ICO not scam. Why many countries ban ICOs because there are many scam ICOs.

I definitely don't think Japan will outright ban cryptocurrencies as I agree with you on how savvy they are on technology. They might regulate ICOs, which could be considered a good or bad depending on the regulation.
What do you guys think would be a good regulation, lets say from a country like Japan or US?

this is a good news. and all the other countries will also ban ICOs and soon any kind of fund raising through ICOs will also be banned. maybe this way we can see this new method of scamming people be eliminated for good.

i also speculate a lot of price rise all over the market if that happens because ICOs have been taking a lot of money in. and when they get banned all that money has to go somewhere. most probably majority of it goes back to bitcoin and some part will also be distributed among other altcoins.

I could see governments later rescind their bans to regulate ICO's instead.. They're a much more efficient, affordable, and democratic method of raising capital for great projects. There's some bad apples, but there were a lot more bad apples among public companies before the 1930's until new regulatory measures from the SEC were introduced. I wouldn't worry about it too much.

If the information about the possibility of imposing a ban on ICO in Japan has an objective basis, then, most likely, it will be a temporary phenomenon, which will be calculated only to streamline this process and reduce risks in its conduct. Japan quite wisely approaches the introduction of crypto currency in its country and has always been loyal to it. Therefore, it seems to me that there should not be any drastic changes in the attitude towards the crypto currency.

The development of blockchain technology will slow down a bit if ICO is blocked by all countries, not very good.

ICOs have became a risk because of increased scam. Every country is thinking about it and banning or regulating them. I think Japan is looking forward for a temporary ban if any. They might come up with regulations later. I believe Japan is a country of innovation and provides a good platform to new projects. So, they won't be completely banning ICOs as they are bringing the future and not all are scams. I think just like exchange regulations, they ll be regulating ICOs as well.

This could be true that due to chances of scam in ICO or just as a precautionary measure government is taking this step so that public does not loses is money scam and then report it . I think all the country may look into this ICO and if somebody has to raise will require government license or something could be a probability .

Almost every country will ban ICOs because the organizations that use it create multi-level coin that attracts capital from everyone but the scam that is happening all the time makes people distrust the coin. In fact, their country is likely to record so many cyber-fraud cases and ICOs so their country will issue a ban to protect their people's interests. In my country there are quite a lot of cases how they happen to create a virtual coin and then introduce people to invest and then they are late payment and then disappear

Thats because too many scammers are now being in the ICO.Maybe japan wants to be fair with the people that have a serious ICO plan.Maybe this is just temporary and hopefully maybe they would give it another chance.

I think this is simply a FUD not more than that. Japan has a strong relationship with cryptocurrency. I think Japan will be the only country that fights for cryptocurrency.