Bitcoin Forum

Given China's recent ban on ICOs do you think this will increase the price of privacy coins like Monero, Spectre, Cloak, Verge and ZCash?

Do you also think that this will give NEO a monopoly on 'approved' ICOs in China?

Well, given that among these projects only XSPEC has got TOR(the proven anonymity way to go) integrated and it works in TOR blocked country which China is, you don't have to be a math teacher to calculate a model where it grows x times given the scare that government imposes on its people

That's a reasonable assumption. I certainly hope so as I hold a good amount of some of those :) I'll have to look up XSPEC, I hadn't heard of it.

In principle, the ban by the Central Bank of China on the conduct of the ICO should lead to an increase in the price of the digital currency, especially used and maintained in China, such as NEO, because some of the money previously sent for ICO support will now go to investing in crypto

Bans make the crypto stronger in the long-run.

The Chinese people are incredibly skilled at working around what their government constructs to mess with their lives.
They'll find that there are crypto's like xspec out there that will suit them just fine.

Likely China would ban the sale of anonymous coins on their exchanges if they ever became popular.

I think it will make Anọn coin more valuable especially spectre once the Chinese discover they can use it even where tor is blocked.

I think yes, even more if future ICO's start accepting privacy coins like Dash, Zcash, Moreno, ...
Soon or later fungibility and privacy will be the norm

That project is a scam with the worst initial distribution I have seen in a while and also the most collusion I have seen with a couple of exceptions.

they delete all comments regarding this on their thread. First they claim its because the requoting is the issue then you post without a requote and they delete it again. Total sign of a scam coin.

avoid xspec

bans and regulations on ico issued tokens will increase demand for POW generated tokens.

Look into quality POW COINS and maybe start creating some mining rigs.

I think it is a great thought of you to say that and I can say that your reason is good and it is reasonable. Probably this phenomena will make anonymous coins go up or pump in the next days.

regarding pow coins i like Signatum project. as new as controversial but it is my bet to a steady grow in the future.

Seeing as how Xspec dropped OBFS4 in their last wallet build, I'd expect that program and that coin to become significantly more popular in areas that are trying to crack down on cryptos and have already cracked down on TOR usage.  I think this will be a good thing for cryptos in general because it shows they are doing EXACTLY what they were intended.  They are decentralizing currency away from large centralized entities.  As that happens more and more  governments will crack down more and more.  Similar to illegal drug trade, this will increase the value of coins in general... Unless they can find a way to regulate them which I would personally hate.

I saw another post where you were claiming this, but I haven't seen proof of this being a scam at all.  The devs are still working on the code and the community has been making strides to grow marketing where it was neglected before in favor of delivering an exemplary product.  Why not come join us in the slack channel.  We wouldn't mind if your FUD spreading was warranted but I think you'll find that xspec is a legitimate project with a lot of support.  Deep Onion on the other hand... ^^

I guess the ICO Ban is only positiv...bad guys are out or need to find another way to scam ppl...
China only want to protect his citizens. Later on it will get regulated i think.
If we talk about anon Coins dont forget to mention DeepOnion! One of the most promising anon coins. Biggest Community! No ICO, fairly distributed Airdrop. I only can advise this to everybody...take a look!
https://deeponion.org/community/

Yes it will probably make untraceable currencies more valuable. We probably see a lot of new bans and regulations from other countriest in the following years and that may cause people to buy private coins.

Some people go on spreading FUD about XSPEC because they missed the ico hehe let them keep it up until the dev refine the code and marketing begin they will blame XSPEC for being too high

Time for Chinese people to buy some Tor coins

Poloniex.com remove trading without verification, so anon coins useless now.

thanks for sharing, i nearly went to buy some to try haha

Yes, I think China is primed for anon coins to prosper. Places like Eastern Europe and South America is also fertile ground for privacy coins.

Zencash may be announcing new operations starting up in China in their Livestream this Wednesday. With their upcoming Secure Node launch and the fact that it can also be run over a Tor network for added security (someone is running 5 nodes over Tor in the Testnet now), it will be one of the most autonomous coins to date.

I think Zencash and other coins like it are going to see considerable growth in those areas. The more China (and other places like it) crack down, the more people are going to want to make transactions autonomously. The more controlling the goverment, the larger the underground grows; that's been proven over and over again.

Hey Bro, You just forgot to mention Deeponion on The Anonym Coins List  :(  ;)
Also, I think that banning the ICO in china will make the Anonym Coins more Viral and will bring new investors into them and will increase the value of the coins and the market liquid too.

no. but waiting China ban bitcoin. That will make all anonymous coin go to the moon.

that is as the chance with the wider audience to appeals as might the decision on ban to returns of reference,

as might that the different limit on level of pronounciation with the parts of group with the chinesse people as partisan of the crypto currency business.

that the use with the chinese country people of prc as they attempted with the strict regulation of the information exchange

to differs with the chinesse nation people as reside by the different places of the world.


might be that chinesse nation feels of unfairly approach as the entrance that they with the prc has with the less on competence as not in spares to work

of the equals position as entering business with the crypto currency.

as still the factory running of schemes of deployment of supports as reside with the prc land country.

Who gives a shyte about polo
They're not trustworthy anymore and on hook with FBI. Their days r numbered

New exchanges would pop and the token trading would go on, the same with ICO's.
No matter how you ban them they would keep popping up.

I think the temporary suspension of ICO in China, in the future, will only positively affect the market of crypto-currencies. I hope now, through the adjustment, selection will take place only strong projects with a real product.

Looks the ban is already in place

Poloniex.com is almost dead bittrex.com is no one right now.

Can always use shapeshift instead right?