Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: JuniAiko on February 07, 2018, 08:27:22 AM



Title: Fear not, China is not banning crypto projects (NEO, Loopring, TRON, Onchain)
Post by: JuniAiko on February 07, 2018, 08:27:22 AM
Interesting article..
Re: https://medium.com/@aeondrift/qtum-vechain-and-xinfin-are-singapore-crypto-projects-a-country-that-is-highly-supportive-of-11cd607c095b

DISCUSS?...

Also a quick comment:
The coins there were mentioned QTUM, and VeChain are Singapore crypto projects (and also XinFin/TradeFinex) -- a country that is highly supportive of crypto-fine-techs) and strong law/punishment against scammers -- which I feel less worried than ICO/projects coming from China, Russia, Malaysia, Indonesia, etc.
So these coins that were mentioned probably won’t be as impacted as other crypto projects based in China, etc. in terms of value growth. However selected chinese cryptos such as NEO are still promising, due to their compliance with the government. The reduced ability of speculative trading of these coins in the Chinese market could hopefully also prevent the creation of unrealistic bubbles and crazy volatility, thus giving these coins a lot more promise to gain wisespread adoption as currencies (rather than a speculative trading commodity in a volatile irrational market based on the emotions of greed and fear).