Bitcoin Forum

I don't really understand China's point of view, it seems that they're changing their opinion regarding ICOs and crypto every other day.

But I was thinking, do you want them to legalize ICOs? It would probably attract more whales, no? And might cause some manipulation in the markets.

Thoughts?

China is such a  big market, and for sure we need their investments in the crpyto world

for mass adoption of cypto coins, we need Chinese people

with more people investing in, market will get deeper and effects of whales will get smaller

then we will have less speculative moves and more stabilized market

On the other hand though, we might also see more Chinese FUD and more Chinese whales instead.

Not to mention their policies have always been unstable. So, for example, if they decide to try and ban ICOs again, a lot of Chinese people might sell, and change the market direction.

It seems that this is the way the Chinese government do things, first they forbid, then they study the matter and finally they approve again. If China finally legalize ICOs it will cause a boom because all the new investors that will enter the game.

Right now blockchain projects use private placement to get funding for their projects trough tokens. So either way whales already won this battle doesn't matter what China does. Idc what China does anymore. I'm convinced they're only doing these things to manipulate the market.

Pretty much. ;D

There will always be inside trading and crypto whales. And this also applies to China, nothing you can do about it unfrotunately.

Abosolutely yes,because if these chinese have joined our market again a lot of money will flow,there will be less manipulations because most of these whales will going to think twice because they can get rekt if these chinese oppose what they are doing right now,chinese people can easily manipulate te market as far as i can remember chinese does have the most bitcoins in the world that is why they will be dominant in the market.

The crypto world is better off without China. Yes! China is just a hyped monster. Before now we would have thought otherwise that China's exit would collapse cryptocurrency. But we know better with China's ban on ICOs and cryptos and how the market faired until the recent dip which is of course not in any way connected to China.

I had to cancel that statement because it is one hell of a big fat lie. Where is China and its currency in Forex Trading that has a market cap in trillions? No where. It isn't even among the major currency pairs. Same should happen in cryptocurrency. The world should move on without China.

I think if they were to make it legal it would be good for the ecosystem. Great projects like Algebraix would be very effective in China

That is why we also need the investments from EU and US. There are too many crypto holders in china right now. If their number won't be that dominant then the entire market won't react on their news so painfully.
If all this ICO  stuff will be so popular then they will allow it but they will also try to controll it as they do with the entire chinease internet.

Whether it is true or not we must be thankful that in a way they are changing their plans and that is to make bitcoin and some cryptocurrency legal, we will have a great demand if that happens, I am hoping that will happen for sure the price of bitcoin will boom so buy cryptos now before it is too late

I honestly believe the more countries particpate the more the technology wil develop. When more countries are competing in utilizing blockchain then there is higher competition and ultimatly improvement.

I can not say anything about this, but I think that now China will try to introduce bitcoin in its country, because it is with the help of bitcoin that I think China will be able to completely abandon the dollar.

With the stage where cryptocurrency is now, I really don't care if China goes back in implementing ICO. Prior to when China backed out and banned ICO, many bitcoin onwers and cryptocurrency enthusiast  feared that the cryptocurrency market won't survive it without the Chinese. The price did dropped that time but as time goes on, it regained back. So now, if they come back or don't come back,i t really don't matter.

I would love to see chinese join our market today so that the marketcap will be worth of trillion dollars if that happens these whales who are manipulating the market right now wont have any good chance because they need billions of dollars to do that,because today we still have less than a trillion dollar marketcap that is why these people are able to manipulate the bitcoin's value from time to time.

Yes, China is really too big and its power is strong. If the Chinese government policy is clear, it will bring better stability to the global market, and the market is not a little money to change.

as developer with offers of goods and service to gives of reference on products and business model, investors with the ico scheme to gains of more of attraction as referring message on exchange with the mediation through different focus of displacement in the internet media.

ICO' s are good, among that scams already there so most of are fedup about it. China is a big market but currency crypto currency and ico banned there. so no large investments we can expect.

i do not recommending legalizing ico's. legalizing bitcoin is i can recommended

There is a history of how many times China banned bitcoin in their country. Here is the thread (https://bitcointalk.org/index.php?topic=2768102.0) that talked about the interval of China when it comes in banning the cryptocurrency.
They banned bitcoin 10X before and now, they came to the point that they want to legalize bitcoin in their country. I think that there is a political issue in banning of China. China is a socialist country and most of the regions here are hold by the government.

China is biggest country in the world, and if China legalizing ICO will make big effect in cryptocurrency market. I hope China and others big country will do it so cryptocurrency will booming and mayor of crypto also will explode and give benefits to the more people in the world.

if China is legalizing ICO it is at their own benefit because they will now have the chance to implement taxation policy on them.. that running/ incharge of the ICO will not be asked to pay tax after the end of the ICO

is china make news for pump and dump coins ? because banning or legalizing are affecting coins.
anyway, if this news is true, it will be an advantages for ICO organizer because china legalize it.

If that's there decision that they were able to legalize that in their country then it be good to them its there own risk not ours, all we have to do is too just support them and encourage them at some point in time.

I think that iCO can not be saved anymore. too many people already understand that this is mostly fraud

The Chinese are very enthusiastic about investing. If the government allows it, it is bound to bring about a wave of prosperity, but it may also cause many problems. The attitude of the Chinese government has always been cautious.

That is a good news for the blockchain industry in fact a welcomed one. China has the market and the population to support the cryptocurrency.

If there is something you cannot conquer - you should get friends with. If China gave this market to Japan - it would lose  big investements in the future. On the other hand - they might introduce some constrains, that would make the coin more controllable and therefore - usable not only in China market.

It would be a really good thing for the cryptocurrencies market in my opinion.

Their ban of ICOs was the main reason for a big dump in the market, so I guess we could expect an opposite effect if they were to make ICOs legal again.

But don't you worry they will certainly flood the market with new projects and that would lead to the death of lot modern and existing European and American projects?

Asian market is big with this Chinese people in the society it's a game changer, mass adoption will emerge and according to some analysis this people will help the surge prices of bitcoin and alts. Crypto is the future and I know more and more Ico's will be created.

It will very probably flood an already flooded market, but I don't worry about it :p

The benefits we would get from the increased activity and competition in crypto would be worth it I believe.

I consider that as good point that will cause new cryptoinvestors wave. And that will cause coins growth.

Not such a big wave as you think, Chinese are investing already but doing that illegally, just like Americans  ;)